Biotron.io Launches Public Initial Token Event

Analytics business Biotron.io has launched its Public Initial Token Event and proprietary BTRN token to drive crowdfunding for its personal data analytics platform. The BTRN utility token will be used to facilitate payment for data between data producers (Biotron users) and customers of Biotron’s analytics products. Biotron closed their private Initial Token Event yesterday having raised a total of 5200 ETH.

Biotron is a fully transparent data analytics platform. It gives users control over what data is being collected and how it is used, and provides customers with datasets and data products of unparalleled quality, giving them valuable insights for their businesses. Its vision is to tear down data silos created by technological giants and enable innovation in various industries.

Organisations like Cambridge Analytica should never have the chance to use people’s information without their consent. Biotron and blockchain are bringing change to the data analytics industry by helping people to control and monetise their personal data. – Pavol Magic – CEO – Biotron.io

Biotron’s public crowdfunding will be held over nine rounds and concludes at 15:00 UTC on the 5th of April 2018. The initial value of the 1 BTRN is 0.10€. Each 24-hour period of the Initial Token Event represents one round. The BTRN value increases by 0.01€ per round. At the final round 9, 1 BTRN = 0.18€.

Contributors can participate in the token event using Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) only. During the ITE, BTRN tokens are created as ERC-20 cryptographic tokens on the Ethereum protocol.* Once the Biotron.io blockchain is launched, the ERC-20 based BTRN will be replaced by the proprietary BTRN. Distribution of tokens will commence on the 9th of April.

To contribute to the token event, participants can begin the registration process at ite.biotron.io and will be required to pass a KYC (Know your Customer) and AML (Anti Money laundering) process in order to be accepted by Biotron. A step-by-step guide has been created for the contribution process and is available here.

* The actual ETH-EUR exchange rate used for each round will be inline with the Euro exchange rate. It will be calculated as a 1-day (24h) moving average of the day and announced daily.

The post Biotron.io Launches Public Initial Token Event appeared first on Bitcoin Garden.

Komentar

Posting Komentar

Postingan populer dari blog ini

Transformation of education in post-industrial society

Gambar
Education has always been an expensive privilege; and the education sector has always been one of the most conservative. People chose profession once in their life and did not change it until retirement. Usually education meant studying at a university; self-taught people were rare. However, in the post-industrial society changes in the shape, sense and affordability of education finally began. According to Alvin Toffler, a well-known US sociologist, the emergence of the post-industrial society is a consequence of the intellectual revolution. The possession of knowledge and information will replace financial capital as the biggest value. Development of innovations, empowered by the most educated, will become the most important sector of economy. It means that high-quality affordable education will become even more important than now. The last time when the global education experienced a serious transformation was at the very beginning of the 21st century when the wide access to the I
Baca selengkapnya

Blockchain Supply Chain Forum will be held on January 10th in Hong Kong

Gambar
The concept of a blockchain – a distributed, tamper-proof and time-stamped database of transactions that can be managed without intermediaries – is highly attractive in the supply chain domain, and the industry has launched a number of proof-of-concept initiatives. However, awareness of how blockchains work and what they can accomplish for supply chain is still relatively low. The lack of knowledge is exacerbated by the fast pace at which the technology is evolving. A success Blockchain Supply Chain Forum was held on October 24th in Shanghai, professional blockchain organizer EventLinker and Global Supply Chain Council will organize the Blockchain Supply Chain Forum on January 10th in Hong Kong, it is the forum connecting blockchain experts, supply chain and logistics decision makers and tech innovators. This intimate gathering will explore how companies are investigating the use and deployment of the technology to help their supply chains in China. Organizer: EventLinker EventLin
Baca selengkapnya

After GDPR effect? In A Post Cookie World, Blockchain Is Rising

Gambar
The European General Data Protection Regulation (GDPR) was rolled out in May this year. It introduced far-reaching implications for companies which process personal data related to EU citizens. Even those far outside the EU could not fail to notice this change. Email inboxes were overflowing with opt-out reminders. Cookie banners now obscure many websites, forcing users to agree to a privacy policy so that they can browse the content on the site. Although the GDPR document itself clocks in at 88 pages, the majority of what it covers can be summed up in one word — consent. If companies are processing personal data, it must be done with the explicit, informed consent of the individual. For some forms of marketing, such as email subscriber lists, this involved minimal changes. Individuals already have to take the active step of providing their email addresses, and usually it is pretty clear why they are asked to do so. However, for the digital advertising industry, consent is far less
Baca selengkapnya