Making the Data Economy a reality.

The DX Network is the first real-time marketplace for structured data. Designed for the Semantic Web, powered by Ethereum.

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Layer 2 Protocol
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GDPR Compliant
Ethereum
Live on Testnet

Introducing the first real-time marketplace for structured data.

The DX Network leverages smart contracts and the Semantic Web stack to make data tradable in a similar way to traditional assets. By combining its extended ERC20 token standard with a custom one-to-many payment channel implementation, data transactions on the network are real-time, secure and happen directly between data consumers and publishers via a single API.

Data listed for sale by publishers on the DX Network's data marketplaces is signed and organized using a unique semantic approach. This enables data consumers to get unprecedented granular access to knowledge and data by using the DX Network’s native query language (DX/SPARQL) while guaranteeing payment to publishers every time their data is hit.

Purchase data aggregated across all publishers on DX with a single API request
Monetize raw data without infrastructure, distribution or maintenance costs
API-based: integrate in any SaaS, private app, algorithm and more
Machine payable: pay-as-you-go with datapoint granularity
Cryptographically secured data provenance and data integrity

Ready to experience the future of data exchange for yourself? The DX Network’s first data marketplace is live, try the DX Tech Industry data marketplace for free—get started with just 3 lines of code.

dx — vim DX-example.py — 110x7
import DX

# Open channel to DX
wallet = DX.wallet.load("mydxwallet.json", "mydxwallet")
channel = DX.channel.open(wallet, node="https://api-beta.dx.network", deposit=50)
View API docs
Ready to go? Get DXN from faucet

Initial use case: a Tech Industry data marketplace.

The Tech sector is growing twice as fast as the global economy1 increasing the demand for data about technology companies, products, investments, investors and market dynamics. From Virtual Reality to Initial Coin Offerings, today's startup ecosystem is so dynamic that individual platforms can no longer provide up-to-date comprehensive datasets about the entire industry.

By creating an open market for data about tech companies, products, news, investors and investments, the DX Network is consolidating existing knowledge about the technology industry while seeding new data collection efforts. It aims to provide the universal data foundation to power products, research and services for and around the Tech Industry.

1 Startup Genome, The 2017 Global Startup Ecosystem Report p.13

Big Data and Business Analytics generated $150 billion in worldwide revenues in 2017. This figure is expected to exceed $210 billion by 2020.
IDC

Changing the status quo.

Status quo
The DX Network
Status quo
Data is the new oil—we need pipelines.
No infrastructure and standards for data commerce. Data selling/buying/mining is tedious and costly. Difficulty to monetize data is stifling innovation.
The DX Network
Making the data economy a reality.
Data collected by a wide range of organizations and methods accessible through a single API. Transactions secured and settled on the blockchain.
Status quo
Isolated players and datasets.
Most of the world's data is locked up. Available data is scattered, inconsistent across datasets and/or stale. Data collection efforts are often redundant.
vs
The DX Network
Next gen. collaborative crowdsourcing.
Consolidation of existing knowledge. Increase in production and collection of data. Creation of the broadest public source of structured data, ever.
Status quo
Scraping attacks, data theft.
Data published in isolation is subject to being scraped and reused without remuneration while scraping is technically—and often legally—impossible to prevent
The DX Network
Scraping and theft economically absurd.
Purchasing data from publishers is less expensive than scraping/re-sourcing it. Open market for data increases demand and revenue for publishers.

Key advisors & partners

Imperial College Enterprise Lab
Imperial College
Enterprise Lab
Y Combinator Startup School
Y Combinator
Startup School
Oblicity Law
Oblicity Law
Civic Technologies
Civic Technologies

Built on Ethereum, powered by the DX Token.

The DX Network offers a new, subscriptionless, pay-per-datapoint transaction model thanks to its native cryptocurrency, the DX Token, which extends the ERC20 token standard for use in the network's custom one-to-many payment channels.

Utility.
DX Tokens are used to purchase data and pay for network operations like search. The DX Token's utility is proportional to the amount of data on the network.
Integrability.
Purchasing or listing data for sale on the DX Network can be done from any application with nothing more than a DX Network SDK and DX Tokens.
Open data can help unlock $3–5 trillion in economic value annually.
McKinsey&Company

Data marketplaces are the cornerstone of the emerging Data Economy.

The Data Economy won't happen without data exchange standards and infrastructure. The DX Network is designed to enable efficient business-to-business data exchange, complementing personal and sensor data marketplaces.

Types of data marketplaces
Types of data marketplaces
Key features
Personal
Business
Sensor
Value propositionValue proposition: Allows consumers to monetize their dataValue proposition: Allows organizations to exchange dataValue proposition: Allows sensor owners to monetize their devices
Transaction typeTransaction type: Consumer-to-businessTransaction type: Business-to-businessTransaction type: Machine-to-machine
Data typeData type: Personal & sensitiveData type: Public & fact-levelData type: IoT sensor stream
InterfaceInterface: App (sellers) & API (buyers)Interface: APIInterface: API
TX confirmationTX confirmation: Wait for sellerTX confirmation: ImmediateTX confirmation: Immediate
Quality assuranceQuality assurance: Trusted sellersQuality assurance: Crowdsourced reputationQuality assurance: Trusted marketplace operator
PricingPricing: Pay-per-userPricing: Pay-per-datapointPricing: Pay-per-hour
Key players
Datum
Synapse AI
Datawallet
The DX Network
Ocean
Databroker DAO
Streamr
IOTA Data Market

Leading the DX Network's development.

We are a team of recognized academics, engineers and business developers dedicated to develop the technology layer of the new data economy.

Jeremiah Smith
Yury Oparin
Csongor Bokay
Mac Khajuria
Emily Muraz
Meet the team

Milestones, Roadmap and Deliverables.

October 2014
Startup Tracker launched at TechCrunch Disrupt London—wins Evernote Prize.
The venture that would eventually lead to the inception of the DX Network started as a browser extension to access CrunchBase information while browsing. In its simplest form, Startup Tracker already attracted attention in the Tech community, from Product Hunt, all the way up to the BBC.

Startup Tracker's first year was dedicated to iterating over the product with early-users which ranged from solo founders to investors through innovation departments at multinational companies. It was during this key year that the business landscape, challenges and opportunities surrounding the Tech Industry’s data were uncovered.
January 2018
The DX Network's development starts, joins Imperial College VCC accelerator.
After 9 months of preparation work, development of the DX Network starts as the team joins one of the premier accelerators for Science and Technology ventures in the UK at Imperial College London (8th best university in the world, QS World University Rankings 2018).
April 2018
First prototype, pilot group assembled, key technical advisors added.
A pilot with 15 organisations in the Tech sector is launched to iterate over early versions of the DX Network and guide its development with real-world use cases.

Key technical expertise in knowledge representation is brought onboard to fulfill use case requirements. The DX Network evolves to incorporate a Semantic Web layer alongside its core blockchain component.
September 2018
Team selected for Y Combinator Startup School 2018 (advisor track) and community sale.
The DX Network's team is selected by Y Combinator out of 15,000 applicants for the full advisor track of Startup School 2018—joining a network of 2,800 founders across 140 countries with direct access to advisors from Y Combinator.

A community sale of DX Tokens is opened for early supporters of the network before the full public offering.
October 2018
Alpha release on Ethereum testnet, launch of DX Dev Grants.
Developer preview of the DX Network launches on Ethereum testnet together with the first SDK for partners and prospective users to prepare for integration.

Key pilot programs launched with select prospective data sellers and buyers, which marks the launch of the DX alliance, regrouping organizations and individuals developing new applications on top of the DX Network.

The first DX Dev Grants are awarded from the DX Network’s Growth Fund to encourage development of new ventures leveraging the DX Network and to help developers get their applications to market.
Q1 2019
Stable release deployed on Ethereum mainnet, further round of DX Dev Grants.
The first stable version of the DX Network deploys on the Ethereum mainnet. Network nodes—including Startup Tracker—start buying and selling real data using DX Tokens.

A second round of DX Dev Grants are awarded to developers building commercial and research applications leveraging the DX Network to drive industry adoption and pre-populate the upcoming DX App Store.

Pilot programs, promotional efforts and developer outreach continue.
2020
DX for X: public and private data marketplaces in any field of application.
The DX Network enables organizations to open public data marketplaces on the network or their own private marketplaces and brings infrastructure-level support for big-ticket data and sensitive operating environments—making the DX Network a cornerstone technology of the data economy.
View full roadmap

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