pitihcoin: DATABLOCKCHAIN BRING CRITICAL INFORMATION TO THE WORLD

DataBlockChain.io is a revolutionary data platform that stands to disrupt the way that companies and individuals gather premium data. Datablockchain.io make it more readily available and less expensive than the current methods of data gathering and vetting. The result is that clients can access specific data sets in a cost-effective and transparent way, collecting exactly what they need without paying for extraneous data. One of the biggest challenges businesses face today is customer acquisition and retention. The key to both acquiring new customers and retaining your current customers is possessing the critical data. Many of the world’s largest databases range from government data, industry specific data, voting records, business to business data, property data, credit bureau data, etc. The data industry today is both complicated and highly fragmented offering a confusing number of choices to businesses desperately in need of this critical information. The existing data marketing ecosystem of data / list owners, managers and brokers is inefficient and often ineffective costing businesses unnecessary time and money. DataBlockChain.io will provide a robust interface between the business or individual and the data sources. The backend systems will ensure full conﬁdence in data quality for the end user as well as transactional ﬁnality for the data providers.

The high demand for big data sources that provide quality and complete data has skyrocketed in today’s digital age. DataBlockChain.io will collaborate with a network of diverse data partners contributing billions of data points from thousands of sources. DataBlockChain.io will manage and help monetize their data helping those data partners reach a broader global audience of potential customers. DataBlockChain.io, in association with Media Direct, Inc. aims to democratize big data and level the data playing ﬁeld by providing the most comprehensive marketing data solution to all businesses and individuals. DataBlockChain.io have main objectives are:

· To empower Data Source Providers to provide access to their data and monetize it

· To provide full transparency, traceability, and auditability to the data providers

· To build conﬁdence between the end user and data sources

· To give Businesses and Consumers quality veriﬁed data

· To give End Users a simpliﬁed easy-to-use interface with a quick payment system

Thousands of new and existing businesses are embracing blockchain technology. Blockchain projects will require critical data to optimize their performance in this new business paradigm. DataBlockChain.io will be uniquely positioned to capitalize on the rapidly growing needs of blockchain pioneers. DataBlockChain.io’s objective is to provide a comprehensive solution that serves as both an upgrade to the demand and supply side of the data industry, and solves two key market ﬂaws: disparate data sources and lack of transactional transparency, both in utilization and payment, to data owners. Today, an individual, entity or brand looking to acquire a speciﬁc data set will have to spend extensive time and resources locating sources that meet its target audience, negotiating costs, and establish privacy standards for the transferring of the data. The following industries have continued to display a growing need for the type of data and transparency provided by DataBlockChain.io such as blockchain , automotive political, CPG, travel, fitness and health, education, finance, military government.

DataBlockChain.io utilizes the Ethereum Blockchain and Smart Contracts for all transactions and payments. Blockchain is a secure transaction ledger database that is shared across a distributed network of computers. The Ethereum Blockchain empowers DataBlockChain.io to make complex payment contracts to diverse data sources. DataBlockChain.io supports Smart Contracts for transactions, payments and auditing. Transactional history includes data sources used, records obtained from each source, and payments made to these data sources. The Blockchain protocol keeps these transactions transparent, immutable, and veriﬁable. Data Providers can view a complete breakdown of their transactions using a Management UI provided by DataBlockChain.io.

TOKEN DISTRIBUTION

Total Tokens Created: 870MM

Total Tokens Being Sold: 522MM (60%) ( Private Sale: 100MM Tokens )
Team/Advisors Allocated: 221.1MM (25.41%)
Bounty Campaign: 10MM (1.15%)
Air Drop / Marketing: 10MM (1.15%)
Exchanges/Reserve: 106.9MM (12.29%)

Pre-Sale (5/27 - 6/21)

Total Tokens Being Sold: 164.58MM
Token Price: $0.08 ($0.12 w/ 50% bonus)

Main Token Sale (6/27 - 7/21)

Tokens Being Sold: in Token Sale: 257.42MM
Token Price: $0.12

Min purchase for Pre-Sale: 1 ETH

Min purchase for Public: 0.1 ETH

Soft Cap: $10 Million

Hard Cap: $50 Million

All Unsold Tokens will be burned

DataBlockChain.io utilizes an open source Smart Indexing Engine (SIE) to index all data sources and assign conﬁdence scores on the sources. The SIE constantly checks and reevaluates the sources updating the scores. The current process for using utility tokens is very complex and not user friendly, thereby limiting potential usage. The user will require multiple wallets and a technical understanding of Exchanges , Ethereum, Wallets, and Token Exchange. The process is complex and involved. The steps include:

Creating an Ether wallet that has access to the main Ethereum network
Use an exchange to purchase Ether which is stored in the exchange wallet.
Transfer the Ether from the exchange wallet to the user wallet.
Find the Token Sale for DBCCoin and transfer ETH using a Smart Contract to exchange for DBCCoin.
Use DBCCoin for purchases by sending DBCCoin to a transaction address.

DBCWallet is a browser extension that allows the user to store DBCCoins and use them to purchase services on DataBlockChain.io with a few clicks. The DBCCoin is an ERC-20 token with ERC-667 functionality that will be implemented on the Ethereum Blockchain. DataBlockChain.io utilizes Smart Contracts written in Solidity for transactions, auditing and payments. The DBCCoin tokens will be used for transactions on DataBlockChain.io and to remunerate Data Providers. The DBCCoin token will also function as an essential marketing tool for DataBlockChain.io as it will serve as the basis for the Rewards Program as well as incentivizing partners through a Promotion Program. These functionalities will be fully supported in the Smart Contract using Solidity.

Funds raised during the DBCCoin Token Sale will be used for the development of the app and DBCCoin and for ongoing expenses required to support the growth of the project. Seventy-ﬁve percent of collected funds will be spent on equipment, development, data acquisition, and marketing. The rest will be allocated for wages, offices, and legal and consulting services.