— The data collection of such a scale will require a huge amount of memory, where will you store the data? And as far as I understand you are going to publicize the data right?

BigchainDB will be used to store the data. It offers a reliable solution to store large quantities of data. For media, we will use a different layer, IPFS. And yes, we will make the data accessible through a decentralized marketplace.

— Is the smart contract deployed for the ICO? Was it audited by an independent cyber security company?

Dataeum smart contract is currently being audited in BlockPulse and yes, it will be certified.

— I don't get why you need to make an ICO at all

We decided to start the ICO in order to expand the collection model globally. Using our crypto makes it possible to use the platform all over the world avoiding banking fees, as well as to reach the worldwide community (i.e. those who don’t have a bank account). Using another crypto would make data collectors dependent on price fluctuations for reasons beyond our control.

— Where is my money going and what will it be used for? Is it going to be used to "cash out" others?

45% will go to the technical development of the platform.

20% will go to marketing and communication.

25% will go to the operational development and data collection expansion.

10% wll be allocated to operating and other expenses such as legal or administrative.

— Is there a vesting period for team and advisors?

Yes, there is a 24 months vesting period and then a 10% monthly release for the team. And 6 months for the advisors after the ICO goes public.

— How, when, and at what cost can I sell my investment? For example, do I have a right to give the token or coin back to the company or to receive a refund? Can I resell the coin or token, and if so, are there any limitations on my ability to resell?

First of all, no one should be able to give you an answer about the future price of a token (for obvious legal reasons). You will receive your token at the end of the ICO. Of course you will have your current amount of tokens invested in the dashboard but you could sell it once it will have been released, e.g. 14 days after the end of the public sale. From that moment you'll be able to trade it on the exchange platform where the token will be listed. And you have no limit on your ability to resell.

— What legal protections may or may not be available in the event of fraud, a hack, malware, or a downturn in business prospects? Who will be responsible for refunding my investment if something goes wrong?

First of all, the company is established in the EU, in accordance with the European regulation. Secondly, all of the managing board members are also themselves European (from France, more precisely) and have companies established there.

Regarding the 'hacking', we prevent it by making the smart contract certified in partnership with FranceChain who have helped more than 10 successful ICOs (Multiven, Neurochain among others) and BlockPulse.

In term of legal protection as well, we are supported by Axon Partners. We are allocating all of the contributions in accordance with different jurisdictions and use a Third Party KYC to guarantee it.