MADANA
Privacy-preserving data analysis by design.
Pre-Sale Stage 1
Token sale is finished.
Starts September 1 2018
Ends October 31 2018
Public Sale Stage 1
Token sales in progress
Starts July 13 2020
Ends July 13 2020
ICO details
  • Token
    PAX
  • Platform
    Lisk
  • Country
    Germany
  • Whitelist/KYC
    KYC & Whitelist
  • Restricted areas
    Canada, China, USA

MADANA is the first ever ICO and Sidechain project on the Lisk Blockchain. MADANA stands for an open platform for data analysis, preserving privacy by design. The blockchain-based ecosystem allows anyone to stay in control of their data while monetizing it in an anonymous way. MADANA aims to provide a GDPR compliant way for data processing, enabling new business models for future Apps and Services. German ICO with approval from the Federal Financial Supervisory Authority.

MADANA – MARKET FOR DATA ANALYSIS

The data market is currently dominated by enterprises who are buying big sets of data from third parties that are subject to different data protection laws. In known systems, these enterprises decide which data is available for sale. A problem with this is that all of the data is shared regardless of whether the data or part of the data, contains information the originator does not want to share. Thus, the originator of data is exposed to an unnecessarily high risk of privacy violations.

MADANA is creating a new approach to provide a system implementing the method to eliminate the stated problems and to extend the data market with further advantages. The objective is achieved with a system which provides the following key aspects:

▶ A method for contributing data anonymously to a remote system while getting paid.

▶ Client-sided data storage and an easy to handle encryption framework to retake control of data in general.

▶ A method for contributing analytics skills while getting paid in exchange.

▶ An open data analysis marketplace for anyone.

▶ A decentralized pool of information.

▶ A method for getting analysis results of new and sensitive data.

▶ Trustworthiness through blockchain and smart contracts.

The most important advantage is that the data producer’s privacy is respected, no third parties are involved, and entry barriers are minimized. Thus, a new ecosystem can be established in which everybody can participate – through transparency, trust, and monetary benefits.

Missing or incorrect data?
  • Christian Junger
    CEO & CofFounder
  • Dieter Schule
    COO & CO-Founder
  • J. Fabian Wenisch
    CTO & Co-Founder
  • Nicolas Pettican
    Head of Development
  • Julian Schiemann
    Head of Marketing
  • Eugen Salkutzan
    Community Manager
  • Dennis Gilburg
    Marketing Manager
  • Yan Schreier
    Business Strategist
  • Stefan Lockowandt
    Strategy & Organization
  • Max Kordek
    Advisor
  • Marc Reinhardt
    Advisor
  • Dr. Oliver Grun
    Advisor
  • Dr. Malte Brettel
    Advisor
  • Dr. Steffen Hauptmann
    Advisor
Missing or incorrect data?
  • 1
    Q2 2017

    FOUNDING OF MADANA
    The idea for the MADANA platform arose from earlier projects in which we had the need for privacy-preserving data analysis.

  • 2
    Q3 2017

    BUILDING OUR ADVISORY BOARD
    A strong network of supporters, advisors, and investors enables us to work on our vision and make it a reality in the near future.

  • 3
    Q4 2017

    LISK & MADANA EVENT
    We are going public! Hosting a Blockchain introduction event, and showcasing MADANA and our close partnership with Lisk.

    FORMING PARTNERSHIPS
    Influential partners from industry, economics, and political support us. Together we provide a solution for real-world business problems on a legal basis.

  • 4
    Q1 2018

    RELOCATION TO BERLIN
    To accelerate our growth, we moved from Aachen to Berlin – one of the greatest startup and blockchain hubs in Europe.

    PATENT PENDING
    MADANA makes use of trusted execution environments to conduct the analysis. Raw data is never sold, only insights will be shared with the Data Analysis Buyer.

    PARTNERSHIP WITH CAPGEMINI
    Capgemini has clients all over the world. They bring together new innovations like MADANA with existing businesses in need.

    BUILDING THE COMMUNITY
    Growing a healthy community is of high value to us. This is the only way to build a decentralized network with a variety of MADANA users. Therefore we prioritize community building and reward extraordinary engagement.

  • 5
    Q2 2018

    EXPANDING THE TEAM
    Finding the right person for a job is not easy. Nonetheless, we found experienced developers, data scientists, marketing experts, and creatives, who put their time & dedication in

    MADANA.CONSENSUS CONFERENCE
    We presented MADANA at the Consensus NYC, met with blockchain pioneers and early bitcoin investors such as Tim Draper.

    ROADTRIP HONG KONG & CHINA
    China has an active blockchain community and forward-thinking investors. We introduced them to the MADANA platform, met Lisk delegates and gave a preview of our white paper.

  • 6
    Q3 2018

    LAUNCHING NEW WEBSITE
    You are using our completely rethought website. Everything is new: The content, the structure, the look and feel. We hope you like it.

    WHITE PAPER RELEASE
    The white paper got quite extensive. We cover not only our vision but also technical details and our business plan.

    TOKENOMICS PAPER
    Read what the PAX token does, understand why we need the blockchain and get a holistic view of our Token Economy.

    WHITELISTING START
    For investing in a German ICO a KYC process is required. After you got whitelisted, we will provide you with a referral link to get rewarded for inviting your friends to MADANA.

    PUBLIC PRE-SALE
    The PAX Pre-Sale will be limited to a certain minimum investment and enable a limited number of businesses and investors to get in.

  • 7
    Q4 2018

    COMMUNITY HUB
    We are developing a WebApp for our Community. The Community Hub is the first iteration of a future home for our ecosystem participants.

  • 8
    2019

    PUBLIC MAIN-SALE
    When you missed the Pre-Sale, you can invest in MADANA during the upcoming PAX Main-Sale. We accept LSK, BTC, and ETH.

    PILOT PROJECT WITH B2B PARTNERS
    To showcase the MADANA platform, we will start developing a pilot project after the ICO.

Token info
  • Token
    PAX
  • Platform
    Lisk
Pre-Sale and Public Sale info
  • Pre-Sale 1
  • Pre-Sale start
    September 1 2018
  • Pre-Sale end
    October 31 2018
  • PreICO Price
    1 PAX = $0.50
  • Discount
    50%
  • Available tokens
    15000000
  • Price in ICO
    1 PAX = $1.00
  • Available tokens
    30000000
Investment info
  • Accepting
    BTC, ETH, LSK
  • Hard cap
    37,500,000 USD
Missing or incorrect data?
Token allocation model
Use of funds model