Many claims that the order of importance for a startup to succeed or fail is the following: First comes the timing, then the idea, the team, the business model and last but not least the funding. Let’s investigate how MyTrackNet is at those matters starting from the least towards the most important.
Funding: MyTrackNet had start pre-ICO at 14th of December and it ll be ended at 30st of January. MyTrackNet has Won the first place on the official Waves platform ICO contest and will receive the help and the support of the Waves and Digital Finance expert teams. Considering this and the success of the majority of ICOs that has take place the last six months, MyTrackNet seek for a very successful ICO campaign.
Business Model: The model that will be followed is a tweaked version of what the current Bluetooth tracker companies are using but with some major advantages over the other existing companies which cannot considered as straight competitors, since their success until now and their hardware is what gives the ability to MyTrackNet to have a strong network from the first steps. MyTracknet will be a free to use application that will daily rewarding the users, thus making this platform very easy to acquire an exceptional number of users.
Team: Consisting by young well educated and business oriented people with vision and principles and combined with very experienced technical university professors and researchers, there are some strong human resources as core of this project The Idea: The main idea behind Bluetooth trackers and crowdGPS is already tested from companies with quiet big success(for example Tile and TrackR). MyTracknet takes this idea some steps further and steps aside those companies in some major aspects.
Timing: Maybe that is the most important factor for the future of a startup and we have some Great news. MyTrackNet has two “legs”.
The first one is the Bluetooth technology and trackers. MyTrackNet birth was days before the Bluetooth version 5 announcement.The new version gives 4 times bigger range and even less battery consumption. While we were in the preparation of the project the Bluetooth version 5 made its appearance in the first smartphones already and we will design one of the first trackers that will take advantage of it. We have some months before we see the Bluetooth version 5 in every phone and that will be the time that Bluetooth trackers will shine.
Our other leg is made by blocks and hashes and is called Blockchain. To read this article and especially until the end means it is most likely to be aware the reason that everyone involved with technology is talking about this and the growing pace that is seeing the last months which means that more and more people will join this community which is more ready than ever to be introduced with the right way into the mainstream.
For more information, visit https://www.mytracknet.com
For invest, visit https://lk.mytracknet.com
