Datbit (DBT)

Datbit (DBT) is a decentralized network that aims to turn virtual data into a real commodity. By utilizing smart contract blockchain technology, the network allows anyone to store structured data securely in a decentralized manner. The DBT smart token enables the optional buying and selling of stored data while enforcing data usage rules defined by the data owner.

The Datbit token plays a crucial role in facilitating transactions within the Datbit network, providing value to the data on the network. The token sale for Datbit will support the full development of the network, offering an efficient, transparent, and secure smart contract token for the data exchange. With its focus on creating a viable data marketplace, the Datbit team is committed to returning value to token holders in the shortest time possible.

Starting as a concept development in August 2016, Datbit has since evolved and validated its ideas by releasing a white paper and community feedback. Pre-sales of the Datbit Token commenced in November 2017, followed by the token sale planned for December 2017. With a roadmap that includes milestones such as test network launch and release candidate deployment, the Datbit Main Network aims to revolutionize the data economy by providing a decentralized storage layer, an intuitive app, open APIs, and a comprehensive trading system.