DAYTA – My Data, My Choice “Store, Manage and Share Access to Your Personal Information For a Profit”
With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.
While this revolution is gaining wide acceptance, the Dayta platform, which is the future of personal data exchange powered by DAYTA token, with the vision to solve multiple data protection, consent and privacy issues all at once has arrived.
“The number of cryptocurrencies and exchange platforms are increasing each year. Currently, there are 190 exchanges, compared to 70 exchanges three years ago, on 15 March, 2015. Demand to buy and sell is also growing as the number of cryptocurrencies and trading platforms increase.
There are currently 1,568 different cryptocurrencies available, as at 21 March, 2018. This breaks down to 654 tokens and 914 coins. It all started with bitcoin, which was first released on January 9, 2009, and various versions launched in the following years. The first experiments in altcoins started happening in 2011 with Namecoin, iXcoin, SolidCoin and others being developed and released. Litecoin followed soon after in the same year.”
With that being said, the Dayta team’s aim to ensure all participants from companies to users protect and profit from a unified personal information blockchain which will ensure efficient data audit and transparent smart contracts and agreements.
What exactly is DAYTA?
As depicted above and as indicated on the official website of Dayta, The Dayta platform is the future of personal data exchange, powered by DAYTA token.
In addition, the Dayta vision is to solve multiple data protection, consent and privacy issues all at once, according to the official website the team has designed a roadmap to build a secure, easy-to-use and robust personal information Dapp and exchange mechanism within an integrated, digital ecosystem. Our aim to ensure all participants from companies to users protect and profit from a unified personal information blockchain which will ensure efficient data audit and transparent smart contracts and agreements.
The team of the Dayta project believe that your personal information is yours to consume, withhold, disseminate and manage as you see fit. GDPR and other data protection and data privacy regulations will help with this, especially in relation to marketing consent and 3rd party organisations that manage data. However, it is not the intention of regulatory authorities and legal frameworks to bludgeon businesses into avoiding the use of our personal data but make clear their responsibilities and the extent to which they are accountable for its use and safe-keeping, building on previous complimentary regulations such as the Data Privacy Directive (DPD), ePrivacy Directive and PECR.
How It Works?
Dayta will collect, store, and process the user’s personal data after which it sells or provides the data for re-use by service providers in their marketing campaigns and the user will receive payment for providing the data. In some cases, the data is collected for future use.
The Dayta ecosystem is made up of users, companies, Dayta miners, verifiers, and the Dayta Decentralized Consent Exchange. Once users have registered on the platform, their main purpose will be to review, accept, and manage marketing requests for data. If the user accepts the marketing request, the data is forwarded to the company’s data store using a secure and encrypted API.
The Personal Data Locker will store the user’s personal information, location-specific information, sensitive information, marketing information and many more. The locker will receive and inform the users of any marketing or contractual, legal, or administrative requests.
Companies can request for Personally Identifiable Information (PII) through creating marketing requests that have details on the business, reasons why they need the data, how they will use the data, the companies marketing plans, and what marketing channels the company will use. The data miners on the platform process any new registrations and marketing requests while the verifiers vet new users registered on the platform and new businesses on the network.
Before the company is included in the Dayta program, it will undergo a vetting process done by verifiers. The Dayta Decentralized Consent Exchange makes it possible for the companies to place the request, informs the users of the request, and allows them to accept to request and receive Dayta coins in exchange.
Why You Should Choose Dayta?
Profit from your Personal Data
Dayta enables Users to finally partake in the profits companies produce by using our data for marketing purposes, behaviour analysis and customer insight.
Users, Businesses and Miners hold independent but interrelated roles, Underpinned by the Dayta blockchain and managed through the DAYTA token.
GDPR & Data Protection
Dayta has a GDPR-ready design to ensure users can easily manage and profit from their data worldwide.
Token and ICO Details
DAYTA tokens will be available prior to the public sale for registered participants. Bonuses will apply for early contributors at varying % dependent on date and amounts. Private investors can negotiate larger bonuses on a case-by-case basis.
Token Name: DAYTA
Token Type: ERC20
Investor Phase: Feb 2019 – Apr 2019
Number of tokens for sale: 1,500,000,000.00 DAYTA
Pre-ICO: May 01, 2019 (12:05 AM)
Tokens exchange rate:
1 ETH = 33750 DAYTA, 1 BTC = 961200 DAYTA
1 LTC = 14823 DAYTA, 1 DASH = 22005 DAYTA
ICO Public sale: May 11, 2019 (12:05 AM)
Acceptable currencies: ETH, BTC, LTC, DASH
Minimal transaction amount: 1 ETH/ 0.1 BTC/ 3 LTC /2 DASH
35% Bonus – Pre ICO
18% Bonus – ICO Week 1
15% Bonus – ICO Week 2
10% Bonus – ICO Week 3
5% Bonus – ICO Week 4
Founders, Core Team, Advisors 20%
Sale Proceed Allocation
Bussiness Readlines 10%
ICO Smart contract Development
Private sale start
Pre-ICO Token Sale
Token Sale Distribution
Exchange Listing for peer to peer trading
Agile engineering and product management start
MVP for blockchain- integrated user app release
Main network launch / customer and business on-boarding
Business development and marketing strategy, business and customer enhancements and value add-services
MEET THE AMAZING TEAM
Be a part of this incredible project. Download the whitepaper for the full scoop.
Till next time…
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