Hotbit does not provide endorsement for any blockchain assets. All introduction information regarding the assets is originated from third party sources and that emissions and errors might occur in the information provided.
The investments in blockchain assets are highly risky; the user is solely responsible for undertaking the risks of any asset shrinkage or lost. Please do conduct investment activities cautiously based on your own situation.
Users upload access log data anonymously to decentralized storage system based on the browser plugin or a proprietary browser or APP component. Users are identified by blockchain wallet uniquely, and the process of data collection is fully accord with GDPR (General Data Protection Regulation). The use privacy will be fully protected. People who request data could purchase data usage rights. In order to reflect the value of user data and build an efficient supply and demand relationship between data exporters and data consumers, Kosmos constructs the base platform using blockchain technology and uses KMS as the data commodity value to transfer settlement tokens. This platform aims to be decentralized, international, flexible in transaction, transparent in price, and well protected to deliver the value of user data.
Kosmos user data token, or KMS for short, is designed to measure “the value of user data” accurately. KMS is used in trading anonymous user data on the Kosmos platform. The total circulation of KMS is 21 million, and will never be additional issued. This platform could be used to motivate contributors who provide user data. Customers who have a need for user data can also use KMS to purchase data usage rights. KMS hopes to build a standard value expression system based on the quantity demanded of user data and scientific analysis model. Also, KMS as a settlement token calibrates the current and future business value of user data. The user data demanders can easily retrieve the user data resources through KMS platform, locate them and purchase data usage rights.
Distribution Plan: 15% of the initial cooperative communities, 85% of mining