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Home Crypto News

Iteum undertaking assessment (MYDA coin)

January 22, 2022
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Iteum MYDA coin
Iteum MYDA coin

What is Project Item?

Object of the undertaking is the world’s to start with decentralized information brokerage platform that turns your individual information into a tradable asset.

The Platform object delivering information creators and information buyers with the resources they need to have to “link” large-worth individual information from web2 to web3 and then exchange the information with a seamless integrated UX primarily based on blockchain technologies and decentralized governance.

Object of the undertaking delivers the finish-to-finish basis wanted to make individual information offered on web3 for the to start with time in historical past and will allow lots of extra complicated and surprising actual-planet use scenarios to develop into aspect of the web3 ecosystem.

Iteum delivers the simple cross-chain web3 protocol essential to allow individual information ownership, information sovereignty and honest compensation for information use, and this positions Iteum as the information platform for Webthree and Metaverse Era.

Characteristics of the Item undertaking

Main merchandise of the Iteum undertaking

Object of the undertaking there are three principal goods that operate concurrently to allow the generation and assortment of new information from the web2 planet and that this kind of information flows seamlessly into the web3 domain information (by way of Analytics & Collection Toolkit). This information can be claimed and exchanged by the Data Creator (the consumer who initially designed the information) utilizing Iteum’s revolutionary peer-to-peer information exchange technologies (by way of Data DEX).

Main product of the Iteum project
Main merchandise of the Iteum undertaking

To a platform like Iteum to attain its greatest probable, it ought to also be adopted en masse (extra end users = extra information = extra information in exchange) – The Item undertaking desires to reach this by means of its principal last merchandise (named Data metaverse) – in which the Iteum undertaking gives “virtual consumer products”, “sexy” and “low barriers to entry” that will entice the masses and, in flip, fuel mass adoption.

Data Collection and Analysis Toolkit – Data Collection and Analysis Toolkit

Anyone can use Iteum’s “Data Collection and Analysis Toolkit” to seamlessly make apps and packages that gather wealthy, structured individual information from end users and deliver visual trends and patterns on the information collected.

With this merchandise, Iteum supply worth and actual-planet adoption and, in return, the undertaking generates extremely structured and final results-oriented individual information sets.

DEX information

This merchandise will allow you (Data Creator) to very own and exchange your individual information collected by the organizations that have developed the application on the merchandise “data collection and analysis toolkit” to which it belongs. Iteum. It unlocks individual information from this organization’s vaults and will allow you to earn passive earnings by exchanging your individual information on the open industry with other organizations that can derive worth from the information sets.

Data metaverse ecosystem

The Data Metaverse ecosystem will deliver information owners to the mainstream. In the Data Metaverse ecosystem there are:

  • NFME: Non-Fungible Me, is an avatar information module by applying NFT and incorporating its inner worth.
  • NFT information: coin blocks of personal information in NFTs and trade them on secondary markets
  • Greenroom protocol: An interoperable metaverse information layer that can allow options this kind of as avatar and cross-metaverse gameplay.
  • Data coalition knife– Pair these DAOs and promote your information in bulk or Stake and Farm with DAO and make funds
Data metaverse ecosystem
Data metaverse ecosystem

Basic info of the Item undertaking token

Key token metrics

  • Token identify: Article information DEX
  • Ticker: HE Offers ME
  • Blockchain: Elrond
  • Standard Token: ERC-twenty
  • Token variety: governance, utility token
  • Contract deal with: Updating…
  • Total provide: one,000,000,000 VND

Token allocation

  • Token Sale: 25.15%
  • Foundation and Treasury: 17.85%
  • Community and ecosystem: 37%
  • Team and consultants: 17.five%
  • Partner: two.five%
Token allocation object
Token allocation object

Token release plan

Token release schedule entry
Token release routine entry

Token acquisition plan

Token Acquisition Program Entry
Token Acquisition Program Entry

Token use situation

The MYDA token is a pure “Utility Token” for the reason that without the need of obtaining MYDA you will not be in a position to use lots of of the functions of Ittheum Data DEX to facilitate the public exchange of individual information.

Stake Token MYDA to have the appropriate to vote in Iteum Foundation DAO

Stake / Bond MYDA to make a new Data Coalition (DC) (adapted from DAO)

The advancement roadmap of the Iteum undertaking

At current, the Iteum undertaking does not have a distinct roadmap, the undertaking advancement roadmap is transferred to the Iteum Foundation DAO, hence the Iteum undertaking develops on the basis of the selection of the MYDA Holder token local community.

The development roadmap of the Iteum project
The advancement roadmap of the Iteum undertaking

But this is what the Iteum undertaking has accomplished in the final 12 months 2021

January 21, 2021:

  • Building a internet two. <> Web three. bridge

21 August 2021:

  • Red Heart Challenge Program

21/eleven/2021

  • Webthree Data Dex distributed on six testnets

twelve/01/2022

  • Ground seed with round tip

02/22/2022

  • End of personal contact round

February 22, 2022 – April 22, 2022

April 22, 2022

  • Data Metaverse distributed on testnet

June 22, 2022

  • Data Metaverse deployed on mainnet

22/twelve/2022

December 23, 2022

  • DAO is made the decision Roadmap

The Item undertaking advancement group

The Item project development team
The Item undertaking advancement group

Investors and partners

Itheum investors and partners
Itheum traders and partners

Evaluation of the Iteum undertaking, do I have to invest in MYDA Token?

Object of the undertaking It is quite probable and is comparable to an up to date edition of the Meta undertaking (Facebook), thanks to the revolutionary application of NFT technologies to the management of information on the Iteum metaverse in a transparent way without the need of staying influenced by any organization, organization or personal. But the undertaking is nevertheless new and quite challenging to apply at the minute, you should really take into consideration in advance of investing.

Through this write-up, you have by some means grasped the simple info about the undertaking to make your investment selections. Coinlive is not accountable for any of your investment selections. I want you achievement and earn a great deal from this probable industry.

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