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Measurable-data

MDT

Measurable Data Token

MDT

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₹3.48

LIVE

24H Low ₹3.30

24H High ₹3.58

Price of MDT today

The current live price of MDT today is ₹3.48, with a 24-hour trading volume of ₹16,41,38,989.73. Our MDT to INR price is updated in real-time. MDT has seen a decrease of -0.98% in the last 24 hours. With a live market cap of ₹2,34,61,63,981.10 , the circulating supply is at 676,157,013 MDT coins, with a maximum supply of 1,000,000,000MDT coins.

Measurable Data Token Price History

Date ComparisonAmount Change% Change
Today-₹0.03

0.88%

7 Days-₹0.38

9.74%

30 Days-₹0.35

9.18%

1 Year-₹1.06

23.83%

Measurable Data Token Price Information

Price Change (1hr)

0.38%

Price Change (24hr)

0.88%

Price Change (7d)

9.74%

Measurable Data Token Market Stats

Market Cap

₹2,34,61,63,981.10

Fully Diluted Market Cap

₹3,46,98,50,844.05

24hr Volume

₹16,41,38,989.73

48.06%

Circulating Supply

676157012.5 MDT

Total Supply

1000000000 MDT

Things to know about Measurable Data Token

What is Measurable Data (MDT) token?

Measurable Data Token (MDT) is a decentralized data exchange ecosystem that aims to connect users, data providers, and data buyers, denominating the value of data. It leverages blockchain technology to compensate users for sharing anonymous big data, thereby creating a more efficient, transparent, and honest market for data trading. MDT’s ecosystem includes applications like MyMDT Data Wallet and Measurable AI, which serve as platforms for users to earn rewards for their data and for businesses to access actionable consumer insights, respectively.

Tokenomics

  • Total Supply:

  • 1,000,000,000 MDT

  • Circulating Supply:

  • Varies, approximately 676.16 M MDT as of the latest update

  • Blockchain Platform:

  • Ethereum (ERC-20), also available on BNB Chain (BEP-20) and others

  • Usage:

  • Used as the medium of exchange for data product access and user reward programs within the MDT ecosystem.

Market Data

As of today #{today’s date}, the price of Measurable Data Token is ₹3.48 INR or 0.03931 USD, with a 24-hour trading volume of 1854677.85 USD. The market capitalization for Measurable Data Token is 26510327.47USD. The circulating supply is 676157012.5 Measurable Data Token, with the total supply also being 1000000000 Measurable Data Token.

Token Pros and Cons

Pros:

  • User Rewards:

  • Incentivizes users by rewarding them for sharing anonymous data promoting active participation in the data economy.

  • Decentralization and Transparency:

  • Utilizes blockchain for a transparent and secure data exchange process, enhancing trust among participants.

  • Real-World Applications:

  • Features applications like MyMDT and Measurable AI, providing tangible use cases for the token.

  • Data Privacy:

  • Focuses on the exchange of aggregated anonymous data, ensuring user privacy is maintained.

  • Market Potential:

  • Addresses the growing demand for big data analytics, positioning MDT in a potentially lucrative market.

Cons:

  • Adoption Challenges:

  • Widespread adoption may be hindered by the general public’s lack of understanding or interest in monetizing their data.

  • Regulatory Risks:

  • Faces potential regulatory challenges in different jurisdictions, especially concerning data privacy and cryptocurrency regulations.

  • Market Competition:

  • Competes with other data exchange platforms and cryptocurrencies, requiring continuous innovation to stay relevant.

  • Volatility:

  • Like all cryptocurrencies, MDT is subject to market volatility, which can affect its value unpredictably.

  • Technical Barriers:

  • The complexity of blockchain technology may pose a barrier to entry for non-technical users.

Why Should You Invest in the Coin?

  • Growing Data Economy:

  • MDT is well-positioned in the expanding big data and analytics market, offering a unique proposition for data monetization.

  • Innovative Use Cases:

  • The ecosystem’s applications provide practical solutions for both users and businesses, driving utility and demand for the token.

  • Blockchain Advantages:

  • Benefits from the security, transparency, and efficiency of blockchain technology, enhancing its appeal.

  • Reward Mechanism:

  • Offers a compelling incentive model for users to contribute data, potentially increasing user engagement and token circulation.

  • Experienced Team:

  • Backed by a team with a strong background in technology and entrepreneurship, expanding the project’s credibility and execution capability.

USP of the Coin

  • Decentralized Data Exchange:

  • MDT creates a transparent and fair marketplace for data exchange, distinguishing it from traditional centralized platforms.

  • User-Centric Rewards:

  • Prioritizes user compensation for data sharing, setting it apart from services that exploit user data without direct rewards.

  • Multi-Chain Availability:

  • Supports multiple blockchain platforms, enhancing its accessibility and utility across different ecosystems.

Problem the Coin is Solving

MDT addresses the issue of data ownership and compensation in the digital economy. It aims to empower users by allowing them to control and monetize their data while also providing businesses with a transparent and efficient platform for accessing valuable consumer insights.

Founder and Team Background

The MDT team is led by Heatherm Huang, a co-founder with a strong entrepreneurial background in technology startups. The team comprises professionals with expertise in engineering, operations, and communications, collectively working towards realizing MDT’s vision of a decentralized data exchange economy.

ICO Price

  • ICO Price:

  • 1 ETH = 5,000 MDT

  • Listing Date:

  • January 2018

  • Initial Allocated Units:

  • Not explicitly mentioned, but the ICO aimed for a hard cap of 84,000 ETH and a soft cap of 25,000 ETH.

Risks Associated in Investing in the Coin

  • Regulatory Uncertainty:

  • Changes in regulations regarding cryptocurrencies and data privacy could impact MDT’s operations and value.

  • Market Volatility:

  • Cryptocurrency prices are highly volatile, and MDT is no exception, posing a risk to investors.

  • Adoption Rate:

  • The success of MDT depends on widespread adoption by users and businesses, which is not guaranteed.

  • Competition:

  • Faces competition from other data exchange platforms and cryptocurrencies, which could affect its market share.

  • Technical Risks:

  • Relies on blockchain technology, which may face scalability issues or vulnerabilities.

Summary of the Whitepaper

The Measurable Data Token (MDT) whitepaper outlines the vision and technical framework for a decentralized data exchange ecosystem. It emphasizes the importance of data in the digital age, likening it to “the new oil,” and critiques the current state where users unknowingly trade their valuable data for free services without receiving fair compensation. MDT proposes a solution that leverages blockchain technology to create a transparent, efficient, and user-centric marketplace for data exchange.

At the core of MDT’s ecosystem are smart contracts on the Ethereum blockchain, which facilitate secure and transparent transactions between data providers, users, and buyers. Users are rewarded with MDT tokens for sharing anonymous data, incentivizing participation, and ensuring that the value generated from data benefits its creators. The ecosystem is designed to support various applications that utilize MDT for data transactions, including MyMDT Data Wallet and Measurable AI, which offer platforms for users to earn rewards and for businesses to access consumer insights, respectively.

The whitepaper details the tokenomics of MDT, including its total supply, distribution strategy, and utility within the ecosystem. It also addresses the technical aspects of the platform, such as the use of Ethereum smart contracts and the integration of SDKs for data providers.

MDT’s approach aims to disrupt the traditional data economy by democratizing data ownership and monetization, providing a fair and equitable model for all stakeholders involved. By doing so, it seeks to address the imbalance in the current data market, where the value generated from user data disproportionately benefits corporations over individuals.

This comprehensive framework positions MDT as a pioneering solution in the blockchain and data analytics space, with the potential to reshape how data is valued, shared, and compensated in the digital economy.

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What is the price of Measurable Data Token (MDT)?

The current price of Measurable Data Token (MDT) in INR is ₹3.48 INR.

What is the current MDT market cap?

The current market capitalization of Measurable Data Token (MDT) is ₹2,34,61,63,981.10 INR. This value represents the total market value of all coins in circulation, calculated by multiplying the current price of MDT by the number of coins in circulation.

What is the current supply of Measurable Data Token (MDT)?

The current supply of Measurable Data Token (MDT) is 676157012.5 MDT. This figure represents the total number of coins that have been mined and are currently in circulation.

What is the 24 trading volume of Measurable Data Token (MDT)?

The 24-hour trading volume of Measurable Data Token (MDT) in INR is ₹16,41,38,989.73. This figure represents the total value of all MDT transactions across various exchanges within the last 24 hours.

How to Buy Measurable Data Token (MDT) in India?

To buy Measurable Data Token (MDT) via Mudrex, simply sign up and create an account on their platform. Proceed by completing the KYC process to verify your identity. Once verified, deposit funds into your account using the available methods. With your account funded, you're all set to start investing in MDT.

Can I buy Measurable Data Token (MDT) with UPI?

Yes, you can buy Measurable Data Token (MDT) with UPI on Mudrex, which accepts payments through popular UPI apps like Paytm, PhonePe, and Google Pay, offering a convenient and quick way to invest.

How to Convert Measurable Data Token (MDT) to Indian Rupee (INR)?

To convert Measurable Data Token (MDT) to Indian Rupee (INR), you can use our MDT/INR conversion rates in real time.

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