Robotina ico

Overview
Growing electricity consumption and the prices that are being paid for electricity consumption are on an all time high and inorder to reduce the prices , it is important that there is substantial investments in new infrastructure and smarter use of the existing one reduction in (per capita) and shift (in time) the consumption of electrical energy.
This is exactly what Robotina, with its 28 years’ experience, delivers to households and businesses.
What is Robotina IoT Platform?
Robotina Platform will optimize the functioning of the entire electricity grid, reduce electric energy consumption and lower the electricity costs.

CONCEPT:
They have tested, demonstrated and validated, that users can save 10-20 % by using state-of-the-art technology, which is available and feasible NOW.In their vision, the community members collaborate in order to save and earn money while consuming electrical energy. This vision becomes reality with the deployment of the Robotina Platform. The Robotina Platform will be a vertical, high-tech all-inclusive enabling solution, consisting of connected Internet of Things (IoT) elements (things, processes, data, people) and the Power Platform (PP). It will use Smart Rules, Artificial Intelligence and Blockchain technologies. It will be run in the cloud, available as a service. Robotina Platform and connected IoT will execute thousands of calculations per second. Each calculation will result in a small benefit and a small slice of revenue, which will accumulate every second. At the end of the day, this will become the driving force of the business.
Artificial Intelligence, machine learning, patented multiobjective optimization and blockchain technology allows Robotina to disrupt the electricity market and implement a collaborative sharing economy business model, which distributes numerous benefits to the participating users. This will ‘empower people’ to become partners in revolutionizing the traditional power network. It is about a new paradigm of designing and operating the electrical power system with the objective to improve its efficiency, to enhance user engagement, increase service quality, and save costs in power generation, distribution, and consumption. Constant negotiations between the community members with aggregated data and the smart grid will enable them to create a state-of-the art disruptive business model.
WORKING:
Robotina uses the following componenets:

1. Internet of things (IoT) The IoT movement represents a true digital transformation which includes the connection of things, which communicate via internet, people, processes and data throughout the value chain. IoT comprises of four key elements including all sorts of connections imaginable: - People,Things,Data,Processes
   2)Artificial Intelligence : In the project, AI and machine learning is used to build and constantly improve models, which allows Robotina to predict consumption and we use cognitive optimization to achieve optimal results.
   3)Blockchain : Robotina’s token is called Robotina Utility Token (ROX). It is an application specific token, built on top of the existing Ethereum blockchain. We integrated the whole life cycle of the Robotina Utility Token (ROX) inside the blockchain environment. Marketplace transactions and all the native platform benefits will evolve with time and become completely smart contract based.
   This company uses the concept of the internet of things and artificial intelligence to optimize the electricity grid of the houses that buy its products and to monitor the consumption of energy. The data is processed by artificial intelligence and then it is used for the maximization of the service.
   One of the ways that the Robitina’s IoT platform works is by optimizing electricity consumption by turning off devices when they are not being currently used and switching only in the cheapest moments to do so (if possible).
   The company not only helps you to economize power but also to save the environment. It uses green technology and lets you buy and sell unused energy freely so you can help in the optimization of the energy consumption and protect the environment.
   As Robotina is a company which believes in the rights of the users to maintain their data and their privacy, the data acquired by Robotina’s products will be processed in an anonymous way. The users can choose if they want to sell thče data for companies or if they want it to keep private.
   There also other ways in which you can sell your data and help the company. You can collaborate in group buying, trade your unused power, participate in the marketplace of the platform and in crowd financing.
   The company uses ROX tokens as a currency. These tokens are ERC20-based and they are based on the Ethereum blockchain. Token holders will be able to participate in the Robotina community and in group buying sales. Also, the tokens will be used for crowdfunding and to pay for the subscription of services. Not only that, but you can also use them to buy hardware and software from the company.
   Finally, you will also be awarded with ROX tokens from aggregated data sales and power trade.

Finally, the web and mobile user interface applications (“The Commander”) enable the user to monitor and control his hardware (IoT) in real time and to interact with the platform.
ROADMAP

Team:
• Devid Palčič, CEO: He is an expert in cognitive technology solutions. In 2011 his contribution to the economy has been recognised by the Chamber of Commerce & Industry of Slovenia, with the highest national business award. Devid contributed to several patents and products.
• Damir Škrjanec, R&D: is head of R&D with several technical competences: Software design (Windows, Linux, Android, iOS, C/C++, JavaScript, Python, assembler, PLC) man machine interface, software engineering, embedded systems (8051 series), networking (TCP/IP, MODBUS), analogue/ digital electronics.
• Ivan Morano, CTO: He leads a team of engineers and programmers focused on industrial and industry-like automation. He is Robotina’s key Industry 4.0 expert and he approves industrial automation projects. He successfully delivered more than 200 projects in his career.
• Milan Susman, CSM: He has extensive experience in working as a resident and non-resident sales executive in various markets of Asia and the Middle East. He is responsible for international sales and marketing and contributes to the overall sales strategy.
Token metrics:
• Token: ROX/ROX
• PreICO Price: 0.048 USD = 1 ROX
• Price: 0.05 USD = 1 ROX
• Bonus: Available
• Bounty: Available
• Platform: Ethereum
• Accepting: ETH
• Minimum investment: 0.5 ETH
• Soft cap: 10 000 000 USD
• Hard cap: 28,500,000 USD
• Country: Slovenia
• Whitelist/KYC: KYC
• Restricted areas: USA (only accredited investors can participate)

VERDICT:
Robotina seems like a company which uses highly technological products to sell something that many people will like. Because of this, users can be sure that Robotina will be a good investment for them whether they want to buy the ROX tokens to use the services provided by the company or if you just want to sell them later for a good profit.
LINKS
White paper: https://www.robotinaico.com/documents/Robotina_WP.pdf
Website: https://www.robotinaico.com/