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Databroker is an innovative project that seeks to revolutionize how IoT sensor data is monetized. By leveraging blockchain technology, it enables sensor owners to transform their generated data into sustainable revenue streams. The platform operates on a decentralized framework, which diminishes the need for intermediaries and offers a direct channel for data transactions.
Central to its functionality is the utility token, $DTX, which plays a vital role within the ecosystem. This token is essential for purchasing data on the Databroker platform and can also be staked, contributing to the maintenance of data quality across the marketplace. In essence, $DTX embodies the project's core philosophy of creating a fair, efficient, and trustworthy ground for data exchange.
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