Datawallet price is $0.00044089
At present, Datawallet (DXT) is priced at $ 0.00044089. In the past 24 hours, its value has increased by +18.02%.
Datawallet is a cryptocurrency token that offers users the ability to control and monetize the data they produce online. Through their unique decentralized platform, they aim to provide a transparent and fair way for individuals to earn from their internet activity. The platform is powered by their native cryptocurrency token, DXT.
DXT is used for various transactions within the platform, including compensating users for their data, and purchasing data from other participants. By empowering individuals with control over their own web data, Datawallet creates a data marketplace where the true value of personal information can be realized.
The team behind Datawallet is made up of a diverse group of technologists, data scientists, and designers. They are committed to creating a future where everyone has control over their personal data and can choose to sell it to those who value it.
Datawallet works by allowing individuals to connect their online accounts (such as social media, shopping, and browsing history) to their Datawallet. The data from these sources is then anonymized and made available for businesses to purchase.
The businesses use this rich trove of data to gain insights and make data-informed decisions. They pay in DXT tokens, which are distributed to the data providers (i.e., the individuals). The process is streamlined, secure, and puts control directly in the hands of the individual - they get to decide who can access their data and to what extent.
What makes Datawallet unique is its commitment to data privacy and fair compensation. It's built on a decentralized platform, which means the control and ownership of data stay with the individual. Not just that, the data is anonymized so the individual's identity is protected.
The DXT token enables this ecosystem by facilitating the transactions involved – a business purchasing user data pays in DXT tokens, a part of which goes to the data provider. Therefore, it's not just about making a profit, it's about promoting privacy and enabling individuals to recognize the value of their data.
The current market cap rank of Datawallet (DXT) is #1, with a market cap of $ 0.2M. The circulating supply is 390.2M DXT tokens, while the total supply is 1000.0M DXT tokens.
DXT tokens are available for purchase on several cryptocurrency exchanges, namely, Bitforex, IDEX, EXMO. It’s important to remember to take precautions when buying and storing cryptocurrencies: Use a reputable exchange, employ strong security measures, and never invest more than you can afford to lose.
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