Now that the presale is closer than ever, it’s time to freshen up your knowledge of what you’re in for, namely the Dataeum Token (XDT).

First and foremost, it will be the basis of the exchange within the whole network. Its functionalities are the following:

To access and interact with the platform services: data consultation, data licensing, acquisition of data ownership exploitation (DOE), interaction with the community;

To benefit from the participation in DOE;

To reward the community members for their actions (e.g. physical data generation, sharing flow data);

To offer missions to the community;

To make purchases from merchants and benefit from discounts;

On top of these, the XDT Token guarantees the expansion and global adoption of the model:

It will democratize access to data for all players: public, private, individual. The marketplace will enable accessibility of physical data and flow to all types of players, no matter their size and influence;

It will remove the bank fees involved in using fiat money. For example, in the case of a small volume of data, these fees would be too high, limiting access to data for major players only.

It will democratize platform access to anyone, and especially to those who do not have a bank account. The XDT will enable the worldwide population to join every service offered by the platform.

The Dataeum token (XDT) is based on the decentralized Ethereum market standard Smart Contract ERC20 token.

Formed within the blockchain and subject for automatic execution upon the occurrence of pre-defined criteria and events and subject to certain conditions, the XDT tokens are valid indefinitely and are the property of their respective holders.

The XDT Tokens are not securities, are not registered with any government entity as a security, and shall not in any case be considered as such. They are not intended to be a digital currency, commodity or any other kind of financial instrument, do not represent any share, stake or security or equivalent rights, including, but not limited to, any right to receive future revenue shares and intellectual property rights, and do not represent any ownership right.

In addition, to ensure the transaction security, Dataeum token (XDT) distribution will be carried out using specially deployed token sale Smart Contract.