What Is Databroker (DTX)?

Databroker (DTX) is a blockchain-based platform that provides users with a peer-to-peer data marketplace. As cited on the website, Databroker was initially known as Databroker DAO. The platform serves as a home to many data purchasers and providers worldwide. Databroker aims to generate real business value from data. Users in Databroker can trade pre-defined data sets or find their ideal data partner in the platform through negotiable offers. As the platform is built over blockchain technology, purchased data gets securely transmitted directly between the two parties without touching the Databroker platform. 

Databroker provides a tailored DataMatch service for those having difficulty finding the required data. Depending on users' requirements, the platform's DataMatch Advisor, Vincent, searches for significant data partners from the extensive global network. Once the advisor gets what the user requires, the advisor connects users with them. Also, the platform does not charge any additional cost for the DataMatch service. To get the required data from Databroker, the user needs to explain the business requirement so that the platform understands the user's need. 

Databroker also provides a white-labeled Platform-as-a-Service solution (PaaS). A white-labeled PaaS enables data-rich companies to achieve and exceed their business ambitions by operating their data exchange platform. There are multiple benefits of the white-labeled technology of Databroker; firstly, it provides a simple, quick, and low-cost way to set up a custom data marketplace for any vertical. Secondly, it provides the ability for a company to exchange data securely. Lastly, it provides the ability to data providers to publish their data products on more data marketplaces with a few clicks, increasing their visibility and data sales.

Various data communities of the platform include:

DTX is the native token of the platform. Potential purchasers can use DTX token to search, find and purchase data. DTX token can be staked to ensure the quality of data getting traded.  

In late 2016, the sister company, SettleMint, came up with the idea of Databroker. The CEO and co-founder of Databroker is Mathew van Niekerk. Another co-founder of Databroker is Roderik van der Veer. The DTX token was released in 2017, and in 2019, Databroker DAO was rebranded as Databroker. 

We update our Databroker to SGD currency in real-time. Get the live price of Databroker on Coinbase.

The current market cap of Databroker is S$80.30K. A high market cap implies that the asset is highly valued by the market.

The all-time high of Databroker is S$0.000357. This all-time high is highest price paid for Databroker since it was launched.

Over the last 24 hours, the trading volume of Databroker is S$123.05.

Assets that have a similar market cap to Databroker include HOPE, FLIP, Morpheus Labs, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of Databroker is 225 million.