ICO Dates: July 31st, 2018 To August 31st, 2018
Token Value: 1ETH = 5,000 IOTW
Summary: IOTW is an internet of things project based in China, making it possible for machines to share information in a cost-effective way.
Key Numbers: Proof of assignment, patents- 2 filed and 5 expected.
Market Opportunity: Global- $100 billion market by 2025
Current Solutions: IOTA allows micropayment between IoT devices
Their Solution: IOTWallows the purchase of goods, services and data between devices thanks to proprietary Digital Power System chips which are programmable, IoT enabled and energy efficient.
Business Model: ICO, Online store, Hardware Market
Growth Strategy:
2018
-Develop and launch proprietary DPS chips
-Enter mass market
2019
-Develop and launch DPS chipsets to integrate with the DPS chips
-Integrate Digital Electronic EMI filter, PFC and Universal Motor Control code into our DPS Chips. Mobile chargers for tablets, PCs, and laptops will be much smaller, cheaper, and more energy efficient.
2020
-Develop and launch digital power chipsets for electric vehicles
-Implement connectivity functions and IOT features into our chipsets to turn electrical appliances into smart and connected devices
Team: Founder, Fred Leung has founded a number of semiconductor companies. His management team is also highly experienced in semiconductor technology. Advisor team is made up of blockchain experts and financial professionals.
Financial:
Operations: 29%
IOTW Blockchain: 23%
DPS Chips: 14%
AI Software: 11%
Big data collector: 9%
Other IOT Applications: 14%
Competition: IOTA, ITC, SSP. None of them use the proof of assignment protocol. IOTW is the only token which operates on all consumer and industrial IoT devices.
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