WHAT IS MEASURABLE DATA TOKEN (MDT)?
Measurable Data Token is a platform that allows users to securely sell and buy data. The MDT mechanism automates the process of selling and buying data through smart contracts for a faster and safer data distribution experience. Measurable Data Token platform allows users to offer their data without having to reveal their identity. This in turn makes data monetization safer for the data provider. The rewards are given in the form of MDT tokens.
| Launch Date | October 2, 2017. |
| Founder | Heatherm Huang |
| Blockchain Protocol | Ethereum Blockchain |
| Native Token | MDT |
| Market Cap | ₹3,363,351,226 |
| Token Type | Utility and DEX |
| Circulating Supply | 676,157,013 MDT |
| Max Supply | 1,000,000,000 |
| Consensus Method | Proof of Stake |
WHO ARE THE FOUNDERS OF MEASURABLE DATA TOKEN (MDT)?
Heatherm Huang is the director of Measurable Data Token. He has spearheaded firms like MailTime and Measurable AI as Director in the former and as a founder in the latter. He also holds a PhD in Fintech from the Hong Kong Polytechnic University. Huang has also been an alumni of the esteemed Y Combinator – batch of 2016.
HOW DOES MEASURABLE DATA TOKEN (MDT) WORK?
MDT brings AI, Big Data and Blockchain in the most phenomenal way. The MDT mechanism creates a smart contract for each and every data provider to make sure that the data exchange and the fee paid to the contributor is fair and transparent. The data received by the platform is kept anonymous to ensure privacy of the user.
WHAT MAKES MEASURABLE DATA TOKEN (MDT) UNIQUE USE CASES?
MeFi: MeFi is a decentralized blockchain oracle that fetches data feeds.. The solution records important and valuable financial data from reliable sources and aggregates all of it on MeFi for smooth functioning of decentralized finance applications. For new DeFi developers, MeFi has developed its own dApp that explains how the data oracle system works in real world.
RewardMe: The Me ecosystem allows users to earn rewards from listed brands and merchants in lieu of their data provided. The Me token is one of a kind crypto token that helps individuals monetise their data by simply uploading it on the RewardMe app available on play store and app store.
MEASURABLE DATA TOKEN (MDT) PRICE ANALYSIS
- MDT was trading at ₹5.01 at the time of writing. The total live trading volume of MDT stood at 6662.178k.
- The Relative Strength Index stood at 46.15 indicating a little less than neutral indicator.
- The 200 day Simple Moving Average stands at ₹2.41 while the volatility stood at 31.80%. The token has received consistent buy pressure in the last 14 days.
Source: TradingView
| MEASURABLE DATA TOKEN (MDT) Price Today | ₹4.96 |
| Price Change <Yearly> | NA |
| Market Dominance | No Data |
| Market Rank (as per CMC) | 478 |
| Market Cap | ₹3,371,168,226 |
| Fully Diluted Market Cap | ₹4,981,836,342 |
| ATH | ₹71.02 |
| ATL | ₹0.1336 |
HOW TO BUY MEASURABLE DATA TOKEN (MDT)TOKEN IN INDIA?
If you are looking to buy a crypto asset that includes AI into its realm, Measurable Data Token (MDT) could be a good fit. You can invest in MDT through CoinDCX – India’s leading crypto exchange. To get started, all you have to do is,
- Download the CoinDCX App on your smartphone
- Enter the details required for registration
- Complete KYC
- Once your profile is verified, fund your CoinDCX wallet and buy Measurable Data Token (MDT)
Read more: Latest Crypto News
