Dataeum XDT

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$ 0.00192122

Dataeum Price (XDT)

Dataeum to USD Price Chart

Has the price of Dataeum (XDT) changed today?

The price of Dataeum (XDT) has increased by +0.00% in the last 24 hours. As of the latest data, the current price of Dataeum is $ 0.00192122.

What Is Dataeum (XDT)?

Dataeum is a blockchain-based platform aimed at revolutionizing the process of data collection. The platform leverages the power of the crowd to gather high-quality, accurate data for various use cases, including but not limited to, geolocation, physical data, and other forms of analytics. Data collectors on the Dataeum platform are rewarded with XDT tokens, incentivizing participation and ensuring the data is constantly updated and maintained.

Who Are the Founders of Dataeum?

The founders of Dataeum are individuals with a background in data collection and blockchain technology. The project's core team comprises members with diverse experience in entrepreneurship, technology, and big data. Unfortunately, specific names of the founders are not specified here, but further details could be found directly at the source by visiting their website.

How does Dataeum work?

Dataeum operates by using a decentralized application (DApp) where people around the world can contribute data. These individual contributors, known as "Collectors," use the DApp to submit physical data points, which could include information about shops, traffic signs, or any other tangible objects. Each piece of data is verified through a consensus mechanism before it is added to the Dataeum blockchain. Upon successful submission and verification, the Collectors receive XDT tokens as a form of remuneration for their efforts.

What Makes Dataeum Unique?

The unique proposition of Dataeum lies in its human-centric approach to data collection. Unlike other data gathering solutions which rely on automated methods that can lack precision, Dataeum harnesses the intelligence and precision of humans to collect physical data. This results in higher-quality data which is constantly being verified and updated by the community. Furthermore, Dataeum's use of blockchain technology ensures the data is decentralized and the ownership rights are retained by the individual collectors.

How Is the Dataeum Network Secured?

The Dataeum network is built on blockchain technology, which provides inherent security benefits through decentralization and cryptographic hashing. Every transaction on the Dataeum platform, including data submissions and token rewards, is immutably recorded on the blockchain, ensuring transparency and trust in the ecosystem. The specific blockchain underlying Dataeum's operations is not specified, but typically such networks employ mechanisms like proof-of-work or proof-of-stake to maintain security.

What is the Total Supply of Dataeum (XDT) Tokens?

The total supply of Dataeum (XDT) tokens is 1000.0M, with a circulating supply of . The token's supply metrics provide insight into the scarcity as well as how many tokens are currently in active circulation within the market.

How Does Dataeum Benefit Its Users?

Dataeum allows users, or "Collectors," to participate in the data economy by providing accurate data in exchange for XDT tokens, thereby monetizing their efforts. This creates an opportunity for anyone with a mobile device to earn tokens while contributing to the compilation of a vast, decentralized data library. The data collected through Dataeum can be beneficial for businesses, researchers, and marketers who require precise and up-to-date data for their operations.

Where Can You Buy Dataeum (XDT)?

Dataeum (XDT) can be purchased on the . These cryptocurrency exchanges facilitate the buying, selling, and trading of XDT tokens. To buy XDT, individuals would need to create an account on one of these exchanges, complete the necessary KYC procedures, and then trade for XDT using fiat currency or other cryptocurrencies as per the exchange’s available trading pairs. Always ensure to use reputable platforms and consider the security of your investments.

How to Keep Your Dataeum (XDT) Safe?

Keeping your Dataeum (XDT) tokens safe is critical. The best practice is to store your XDT in a secure wallet, such as a hardware wallet for long-term storage, or a reputable software wallet for easier access and frequent transactions. Always ensure that you keep your private keys private, use strong, unique passwords, and enable any additional security measures offered by your chosen wallet, like two-factor authentication. It’s also wise to be cautious of phishing attempts and to never share your sensitive information with anyone.

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