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DataWallet – DXT ICO Powerful Data Exchange For Crypto Assets?

An investor who wants to be really successful has to know how to make the best investments in midst of so many possibilities that exist. The cryptocurrency market is booming recently, so there are so many options that it can be very hard to know exactly which ones are the best and most profitable ones.

If you want some real profit, it is your mission to invest as well as you can. To help you out in this mission, our blog reviews investments for you. Today, we are going to review a company called Datawallet.

What Is DataWallet?

Datawallet is a company whose main product is a cryptocurrency wallet that lets you own your own information. Data is increasingly an important and valuable asset in our current digital world. Companies generally want all the data they can gather, so they generally take as much as they can from their consumers. Datawallet wants to be different.

This company intends to create a service in which the user can have control over his own data. This way, the user has ownership of the data made by using the wallet and can sell it if he wants or keep his data to himself.

Datawallet believes that taking data without the consent of the user (even he agrees to the terms and conditions, which nobody actually reads) is not something that should be done, so they let the user have the ownership of this information.

How Does DataWallet Work?

This company has two products, the Datawallet APP and the Datawallet API. The app will be the basic product that will let users have a wallet that stores their cryptocurrency and their data and that actually does keep it safe.

The Datawallet API will be used for developers that want to develop Apps and solutions using the blockchain technology of the Datawallet APP and will help the users to have more options when they use the app.

At the moment is not year clear which cryptocurrencies will be stored in the Datawallet APP, but you can expect the most important ones like Bitcoin, Ethereum, Litecoin and maybe Bitcoin Cash to be stored on it.

How To Invest In DataWallet?

To invest in this company, you have to buy their DXT tokens during the sale. There is no public date for the upcoming ICO, but it is probably happening soon. Each DXT token can be bought for the equivalent of 0.18 USD. To buy tokens, you can use BTC, BCH and ETH, so if you have any other type of currency, you will have to change it first.

It’s important to know that tokens are not shares of the company. Tokens will be used in the system in two manners. Users will gain tokens when they agree to sell their data to companies and they can use their tokens to pay for third party services and applications on the app and pay for AI driven services.

The Datawallet Verdict

Should you invest in Datawallet? If you are interested in the services of this company, maybe that can be a good idea. There are no red flags on the company’s page and they actually seem pretty legit and have a solid business plan. Because of this, you should know that there is not much risk in investing in this company.

Is it a profitable investment? Maybe. It’s impossible to say before the company actually starts working, but it seems like they have a solid business plan, so their tokens will probably increase in value.

If you think Datawallet is a good choice, go for it. There are no visible problems and this can be a lucrative investment for you.

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