For days I've been looking for an interesting project to invest on...Finally i have it!
My requirements were:
MODUM (MOD) has all of these!
But what is Modum and why you should buy?
Founded in 2016, modum.io AG is a tech startup (born from a thesis and won first place in the Future and Emerging Technologies vertical of the Kickstart Accelerator 2016, out of 850 startups from 40 countries.) developing systems to improve supply chain processes by combining the best of blockchain technology and IoT. Based in Zurich , Switzerland. So modum is a supply-chain solution for the $1.12T pharmaceuticals market. Patented proprietary sensor device that verifies authenticity with blockchain (Ethereum/IOTA). But why use it?
"The regulations outlined by the European Commission for the Good Distribution Practice of medicinal products for human use (GDP 2013/C 343/01) were published on November 5, 2013. Chapter nine of this regulation requires proof that shipped medicines have not been exposed to conditions, particularly temperatures, that may compromise their quality. These regulations are now enforceable across Europe."
By using the MODUM system, costs per shipment can be reduced by up to 60%. In fact they are Currently in negotiations with pharmaceutical companies in the UK/France/Germany/Turkey & Vietnam.
TEAM:
Their team combines deep know-how in pharma, pharma logistics, and blockchain technology.
Pascal Degen, co-founder of MODUM was head of logistics at Novartis AG ($216 billion pharmaceuticals giant) and MODUM advisor is Heinrich Zetlmayer who was IBM's head of Supply Chain and Operations Services
For the rest of the team you can read: https://modum.io/companycareers/ You will find a lot of young engineers mixed with people with a lot of experience!!
The 2 FAQ are:
"The modum token (MOD) is a profit share token with voting and profit participation rights." This obviously brings the token some value already. Basically: An amount of surplus profits will be distributed as ETH to your ETH address. So if the company distributes $300 million profits to the 30 million tokens, it'll sent $10 worth of ETH to each token address. Which means if you have 1000 tokens, you'll get $10,000 worth of ETH. Numbers are arbitrary but I can definitely see it happening with this company.
Modum.io is a startup that combines the IoT with blockchain by including a sensor device on the package that can regulate temperature, humidity, and shock, along with a smart contract that automatically checks, accepts, or rejects acceptance criteria for a product. The sensor then pairs with a smart device to review time-stamped data and automatically make decisions at each transaction point, making the process faster, smoother, and more cost-effective.
These savings can then be passed on to the customer. Healthcare prices are sky-high, partly as a result of thin margins, and blockchain can help improve those margins."
After all, COMMERCIAL LAUNCH and mass production in q1/2018! Don't hesitate, be part of this revolution!
If you want to read more about Modum:
https://modum.io/
https://fundingsage.com/business-startup-spotlight-modum-io-ag/
