DataBlockChain.io presents the case for having the ultimate token utility case. Today, we will share with you the reasons why this is so.
Firstly, the data price is pegged to the dollar. While it's often confusing to figure out different data price metrics along with what the underlying currency is pegged to, it's easy to understand that a dollar's worth of DBCC will always buy a dollar's worth of data. This is important to understand in how the DBCC token economy will function for the utility of the platform.
Secondly, there is a working MVP already in place that showcases the utility of the token itself. The MVP in its current form is equivalent to some completely finished blockchain projects and showcases what transactions would look like once the platform is fully live and using only DBCC tokens for transactions. Users are able to query over a hundred million records, choose from several demographic and psychographic elements and have the precise data they wanted ready in seconds. You can try it for yourself here .
In addition, data vendors often are not only the biggest sellers of data, but they are also some of the biggest purchasers as well. This is encouraging for the DBCC token economy given that it is the only way to conduct data transactions within the platform itself. This will lead to a sustained token economy as vendors and purchasers will continually transact with the DBCC token and thus presents a viable utility for DataBlockChain.io's token.
The project is eliminating layers of inefficiency in a two hundred billion dollar per year industry. Anyone who has called a list broker or ad agency and overpaid for single sourced data that didn't work can see the value of going directly to the vendor and purchasing multi sourced data from a consortium of the largest data aggregators. The only way to make these various transactions occur is through the use of the DBCC token.
There will also be Rewards Programs for purchasers and Incentive Programs for sellers within the DataBlockChain.io platform. These programs will be centered around the DBCC token and thus provides another utility in the process.
Overall, DataBlockChain.io presents a viable discussion for having an ultimate token utility case in a way that is unlike most Blockchain projects. In having a real utility for its token, DataBlockChain.io is poised to have a sustained utility token economy well into the future.
