What Is Itheum (ITHEUM)?
Itheum wants to change this current toxic model for personal data collection and exchange and level the playing field — where the commercial enterprise and “you” (the Data Creator) equally benefit from the trade of personal data. The empowers data ownership in the metaverse and brings new market value to your data. It enables this by providing “decentralized data brokerage” technology.
It’s a suite of tools that enables high-value data to be bridged from web2 to web3 and then be traded via peer-to-peer sales. It allows for “viral adoption” via creative NFMe ID (Non-Fungible Me ID) and Data NFT technology and innovative Data Coalition DAOs (which bulk trade your data).
Itheum Coin also aims to be fully privacy-preserving, regulation-friendly, and cross-chain; making it the most comprehensive core blockchain data infrastructure available in the market with use-cases in both the enterprise and consumer space. It provides 3 fundamental products (that when used together) will flip the dynamic of personal data collection and exchange.
| Coin Basic | Information |
|---|---|
| Coin Name | Itheum Coin |
| Short Name | ITHEUM |
| Circulating Supply | N/ |
| Total Supply | N/A |
| Source Code | Click Here To View Source Code |
| Explorers | Click Here To View Explorers |
| Twitter Page | Click Here To Visit Twitter Group |
| Whitepaper | Click Here To View |
| Support | 24/7 |
| Official Project Website | Click Here To Visit Project Website |
Flexible Price
The live Itheum price today is $0.686802 USD with a 24-hour trading volume of $2,797,010 USD. We update our ITHEUM to USD price in real-time. Itheum is down 7.64% in the last 24 hours. The current CoinMarketCap ranking is #3000, with a live market cap of not available. The circulating supply is not available and the max. supply is not available.
If you would like to know where to buy Itheum at the current rate, the top cryptocurrency exchange for trading in Itheum stock is currently Maiar Exchange. You can find others listed on crypto exchanges page.
Core Products
Itheum has 3 Core Products that work in unison to enable new data to be generated and collected from the web2 world and for that data to then flow seamlessly into the web3 domain (via our Data CAT – Collection & Analytics Toolkit). This data can be claimed by the Data Creators (users who originally generated the data) and traded using our innovative peer-to-peer data trading technology (via Data DEX).
For a platform like Itheum to reach its highest potential it also needs to have mass adoption (more users = more data = more data trade) – they aim to achieve this via our final core product (called the Data Metaverse) – where they provide “viral”, “sexy” and “low barrier to entry” consumer products that will appeal to the masses and in-turn fuel mass adoption.
Trade of Data Packs
Once a Data Creator decides to trade their personal data, the default method of trade is via Data Packs. Data Packs hold a reference to the type of dataset they are advertising and contains some metadata around it. For example, it provides a preview of the data, when it was created, terms of use, the link to where the data can be securely downloaded from (after trade is complete), etc. Once the user creates a Data Pack it gets advertised for sale ‘on-chain’.
Once this on-chain advertising process is completed, the original “data hash” and the “transaction reference” of the advertising process are stored as metadata against the Data Pack. A $ITHEUM price is automatically calculated based on the type of data and market demand for the type of data. In the future, they will also support for the Data Creator to set a starting price for their data. The sale of Data Packs can be described as direct peer-to-peer trade.
Data DEX Components
The following key components form Data DEX product, they work to provide the core data protocol required to make Itheum a fully-featured decentralized data platform.
Peer to Peer Data Trade
The base functionality that’s available when you first log into the Data DEX is the ability to discover and trade data with your “direct peers”. You will be able to see all “advertised data” from others and also “advertise” your own data in the data marketplace. As detailed in the section (Decentralized Data Trade)[#data-trade], you can advertise your data from apps that you have joined that are built on Itheum’s Data CAT or you can also advertise any “arbitrary data” that you own.
