Measurable Data (MDT) is a
blockchain-based data economy project designed to let individuals monetize their anonymous behavioral data while giving businesses access to transparent, consent-based consumer insights. Launched in 2017, MDT aims to rebalance the data economy by returning data ownership and value to users instead of centralized platforms. The MDT ecosystem focuses on ethical data collection, user privacy, and fair compensation.
At its core, MDT operates through consumer-facing applications such as RewardMe, where users voluntarily share anonymized purchase receipts, app usage, or online behavior. In return, users earn MDT tokens as rewards. All data is anonymized and aggregated, ensuring that no personally identifiable information is exposed while still producing high-quality datasets.
On the demand side, enterprises and data buyers use Measurable AI, MDT’s analytics platform, to access real-time consumer insights, market intelligence, and predictive analytics. MDT tokens function as the medium of exchange within this ecosystem, aligning incentives between data providers (users), data consumers (businesses), and the platform itself. Built as an
ERC-20 token on
Ethereum, MDT enables transparent transactions, verifiable rewards, and seamless integration with crypto exchanges like BingX.
When Did Measurable Data Launch?
Measurable Data Token (MDT) was founded to create a decentralized data economy that returns value and ownership of personal data to individuals. The project was launched on October 2, 2017, by Heatherm Huang, a fintech entrepreneur and founder of earlier tech ventures like MailTime, with operations rooted in Singapore and Hong Kong. MDT’s mission has been to build a blockchain-based data exchange where users can monetize anonymous data and businesses can access consent-based insights, with its native token facilitating value exchange and incentives across the ecosystem.
Measurable Data Roadmap Highlights
- 2017: MDT launch and initial token issuance with
ICO to kickstart the ecosystem.
- 2018–2020: Expansion of ecosystem tools and early data products integration.
- 2021: Broader adoption through listings and increased data product visibility.
- 2022: Strategic acquisition by blockchain infrastructure provider Chain, integrating MDT into a larger ecosystem.
- 2024–2025: Product upgrades, e.g., RewardMe 2.0 with MDT rewards, expanded analytics offerings, and initiatives like PassportMe and AudienceMe to deepen data monetization utility.
What Is the MDT Token Utility?
The Measurable Data Token (MDT) serves as the utility token within the Measurable Data ecosystem, acting as the medium of exchange that denominates the value of data shared on the platform. It enables users to earn rewards for providing anonymized behavioral and transaction data via tools like RewardMe, and allows businesses to access aggregated consumer insights through platforms like Measurable AI, fostering a decentralized data marketplace. MDT’s utility also extends to paying for data-related services, incentivizing participation, and facilitating automated settlements via blockchain smart contracts, all while preserving privacy and transparency.
You can trade MDT tokens on the
BingX Spot Market by first funding your account with a base asset like
USDT, then navigating to the
MDT/USDT trading pair and placing a
market or limit order to buy or sell. Once your order is executed, the MDT tokens will appear in your Spot Wallet, ready for holding, further trading, or transfer.
What Is Measurable Data Tokenomics?
What Blockchain Does Measurable Data Token Operate on?
Measurable Data Token (MDT) operates on the Ethereum blockchain as an ERC-20 token. By leveraging Ethereum’s smart contract infrastructure, MDT enables transparent reward distribution, secure token transfers, and verifiable settlements between data providers and data consumers. This also allows MDT to integrate seamlessly with major wallets,
decentralized applications, and centralized exchanges like BingX, ensuring broad accessibility and liquidity within the wider crypto ecosystem.
Which Wallets Support MDT Tokens?
One of the easiest ways to hold Measurable Data Token (MDT) is by keeping it directly on your BingX account wallet after trading on the platform. Storing MDT in your BingX Spot Wallet lets you safely hold or trade the token without needing to manage private keys yourself, while keeping instant access to the BingX Spot market and other platform features.
If you prefer
self-custody wallets, MDT is an ERC-20 token on Ethereum, so it’s supported by a wide range of software, hardware, and
Web3 wallets that are compatible with Ethereum-based tokens. Popular options include
MetaMask,
Trust Wallet,
Ledger Nano and
Trezor hardware wallets, as well as other multi-currency wallets like imToken and TokenPocket that let you send, receive, and store MDT securely.
Is Measurable Data Token (MDT) a Good Investment?
Measurable Data Token’s core value proposition lies in its role as the native utility token of a decentralized data economy, where individuals can monetize anonymized data and businesses gain access to consent-based consumer insights, a real-world use case that differentiates it from purely speculative tokens. This data-monetization model taps into the growing global demand for ethical data exchange, potentially supporting long-term utility and token demand as the ecosystem expands.
Additionally, MDT’s design on Ethereum as an ERC-20 token ensures compatibility with major wallets and exchanges, while ecosystem enhancements, like expanded RewardMe adoption and new analytics products, could drive broader participation over time. However, as with all cryptocurrencies, price performance is subject to market volatility and macro conditions, so investors should consider both the fundamental utility and inherent risks before making decisions.