FINANCES

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  • How do I set prices?

    You are free to price your data products as you wish. Remember that the value is influenced by supply and demand, so take a look at other similar products on the marketplace or on the internet to understand how to position yourself.

    You can:
    • set a fixed price in EUR, with no bidding possible;
    • set a price in EUR but also allow bidding; or
    • choose not to set a price, and work only with bids


Read more below about how bidding works.

It is also possible to offer data at no cost. To do this, when you are publishing your data product, simply check the ‘Free’ box.

When a data product is purchased, the purchase amount is converted from EUR to an equivalent digital currency token Data eXchange (DTX) according the market value at the time of the purchase.
 

  • How does bidding work?

    If you choose to allow bidding, potential buyers send their bid to you directly and you will see the name and company of the bidder.

    You’ll be informed of this via email, and the bid is not published on the marketplace or visible to any other parties. You can always find an overview of the bids you have received in the Bids sent section of your account.

    When you receive a bid, you can choose to accept or reject the bid. When you do so, the potential buyer receives an email with your response. 

 

Bids are not binding, so even if you accept the bid, the other party can still decide whether or not to buy the data at the agreed price. If they decide to go ahead with the purchase, the rest of the process is the same as for a direct purchase.

 

If you reject the bid, the other party can decide to send a new bid.
 

  • Does Databroker take a transaction fee?

    Yes, when you make a sale, Databroker charges a transaction fee of 10% of the sale price.
     
  • How and when do I get paid?

    When a data product is purchased, the purchase amount is converted from EUR to an equivalent digital currency token Data eXchange (DTX) according the market value at the time of the purchase.

    At the end of the 30-day warranty period following a sale, you’ll receive an email from Databroker inviting you to redeem your earnings from the sale. You can do this via the My sales section of your Databroker account.

    When you redeem your earnings, Databroker transfers the DTX amount (according the market value at the time of purchase) to your Databroker wallet, minus the 10% transaction fee. 

 

At any time, you can transfer fiat equivalent amounts from your Databroker wallet to your bank account.
 

  • How do I transfer my earnings to my bank account?

    At any time, you can transfer fiat equivalent amounts from your Databroker wallet to your bank account.
     
  • How do I see an overview of my earnings?

    In the My sales section of your account, you can see the total value of your wallet in DTX and equivalent EUR.

    This amount includes all sales that have been fully completed, i.e. where you have redeemed the DTX amount at the end of the 30-day warranty period.
     
  • Do I need to provide invoices to buyers?

 

If the buyer requests an invoice, you should provide one. 

 

  • Do I get a receipt for the Databroker transaction fee? 

 

Yes, by the first day of each month, you will receive a receipt from Databroker for all transaction fees paid the previous calendar month.