It has come to our attention that certain people are spreading false rumors about Datum liquidating holdings of its DAT Token reserves.
To provide full transparency and dispel any rumors I wanted to personally take a moment to comment on the DAT Token lockup situation and recent transactions.
Datum is holding 3 reserves of DAT tokens, as outlined in the whitepaper, as follows (please follow the Etherscan links below to see transactions):
User Growth Fund - 753M DAT
Team Token Fund (voluntarily locked since June 2018) - 390M DAT
Reserve Fund (locked) - 530M DAT
As can be seen from the transaction records linked above the Team Token Fund has been locked since June 2018, unlocked only when certain milestones are reached according to this press…
Hello Datum community!
It’s been far too long since our last big community update. Thank you for your patience and continued enthusiasm for Datum.
A lot has been happening behind the scenes with new hires, partnerships, app and network development as we structure for growth in 2018. With everything going on, we had to prioritize for strategically growing the team and network. Going forward, you can expect a continuous stream of updates.
The team has been working hard on all fronts to bring forward the Datum vision of empowering individuals to “Secure and Monetize your Digital Life.”
We’re proud to announce that in the first quarter (Q1) of this year we have already completed over $100,000 USD in data exchange transactions in the data marketplace among 90k+ registered users via 8 new partners distributing 530k+ DAT to the community. These transactions served as a proof of concept and allow the Datum core team to focus on the pathways to rapid network growth. …
Next week (19th to 23rd March) is shaping up to be one of the busiest crypto weeks in Hong Kong with the Token 2049 conference happening and many other conferences and side events.
So we thought we’d list out all the events that are happening that our events team has collected already for the benefit of everyone, if you have any events to add please send details to vc@datum.org and we’ll get it on there straight away.
Access the public Google Calendar version here
Connect with Datum
- Download the Datum App
- Subscribe for email updates
- Check out our white paper
- Check out DAT token on CoinMarketCap
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Last year, Datum set out to become the world’s first true marketplace for structured data. How can you keep such a big task manageable? Well, for starters, pick a good role model. We’re using a great one… eBay.
This multi-billion dollar company facilitates both B2C and C2C sales in a safe and secure way that keeps users coming back time and again. It operates in 30 countries, is over 20 years old, and has no real competitor. It’s easy to see why this is Datum’s guide star.
Like eBay, Datum is a decentralized network of sellers and buyers. Instead of a wide range of things, only one product is bought and sold in our marketplace: structured data. This type of data doesn’t include things like iPhone photos; it’s the kind of machine-readable data usually found in databases or on a spreadsheet. …
This is the time of year when people often say, “Out with the old and in with the new!” At Datum, however, things are a little different. We embarked on a huge mission in 2017. At the heart of that mission is the desire to help you #TakeBackYourData and #GetPaid to do it. Things are really starting to roll now and we’re continuing in the same direction, full speed ahead.
I’ve always been obsessed with big data and aware of the ever-expanding influence it holds on all of our lives. For a while now, I’ve wanted to help the people that are really creating this data — yes that’s right, YOU — profit from the product they make. Creating a global data storage infrastructure and marketplace is the right way to do this, and it became clear that 2017 was the year to make this happen. …
The first phase of DAT Token distribution has successfully finished. Contributors that purchased tokens in the Pre- and Main Sale have now all received their tokens.
Token Transfer is locked until 13th Dec 13:00 UTC
We are working on adding the DAT token automatically to all major wallets, in the meantime you can view your tokens in most wallets by adding them as “Custom Token”, the instructions for MyEtherWallet are as follows:
- Visit MEW (www.myetherwallet.com) and go to the “View Wallet Info” page
- Click “Add Custom Token” and enter the following information:
- Contract Address: 0x81c9151de0c8bafcd325a57e3db5a5df1cebf79c
- Symbol: DAT
- Decimals: 18
- Click “Save”
You can now see your DAT Token balance
DAT Token distribution for presale and main sale contributors will start at approx 13:00 UTC on Sunday 10th December and is expected to last for a few hours, depending on Ethereum Network congestion at the time.
Transfer Lock
Transfer of DAT is initially locked upon distribution. Transfer will be unlocked (enabled) at approx 13th December 13:00 UTC.
Exchange Listings
DAT will be tradeable on the following exchanges:
- Coss.io starting on December 15th
- EtherDelta starting as soon as transfer is unlocked
Additional exchanges will be added in the near future.
Presale Contributors holding DATG
If you participated in the Datum Presale you have received DATG tokens. You do not need to perform any additional steps. DAT Tokens will be sent directly to your ETH Wallet that you used to participate in the Presale as part of the DAT Token distribution. …
The Datum Token Sale successfully ended yesterday raising a total of 15,794.903 ETH from 2726 contributors. At the current ETH/USD price of around $460 this represents $7,265,655 USD in funds raised.
We would like to thank our contributors and the extended community of over 80'000 users who signed up for their support and believe in Datum’s vision. At Datum we are creating the first decentralized and secure storage infrastructure for individuals and companies alike and aim to help individuals reclaim data ownership and monetization. …
We are happy to announce that the DAT token will be listed on Coss.io and EtherDelta soon after the token distribution which will occur between Dec 4th to Dec 11th.
Coss.io
COSS stands for Crypto-One-Stop-Solution and is operating their exchange of Singapore.
EtherDelta
If you’re like most people, you probably didn’t hear anything about KYC until you signed up to buy DAT, but as cryptocurrencies become more prevalent, you can expect to hear these three letters — which mean Know Your Customer — a lot more often.
Here’s a video explaining why KYC protects both the long term health of Datum as a company as well as token sale backers.
The KYC process is the only way Datum can check the source of funds raised during the token sale, and we do so by verifying each buyer’s identity and residency. This is something that isn’t only required by governments and regulators, but also by the banks, large corporations, and public bodies we’re bringing into the data trading market that is the Datum Network. …
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