Observer logo

Observer (OBSR)

Status
ICO

Observer is a platform where individuals and private firms trade daily weather data.

Observer White Paper Whitepaper

Important By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice.

Interest lvl
NA
Learn more about our rating
User Rating
High
3.7/5 3 votes
Claim your project
Ticker
OBSR
Type
Utility-token
Token standard
ERC20
FoundedEstonia
Registration countryEstonia

What is Observer

OBSERVER is an innovative platform where individuals and private firms trade daily weather data. Anyone in the world can trade weather data that is collected by smartphones, mini weather stations, or automobiles, and receive OBSERVER coins as compensation.

The quality of the collected data is verified through big data technology, and the details are recorded in blockchain. This allows OBSERVER to create high-resolution weather data that has never been available before.

Individuals earn OBSR by sending personal weather observations, such as air temperature, pressure, humidity, and fine dust concentrations, to the OBSERVER FOUNDATION.

Whenever observations are successfully performed, the details are recorded in a royalty token, ROT, and the data provider receives OBSR as compensation. All observations are subject to quality control by meteorological experts and managed through big data technology. Data buyers can purchase OBSR from the cryptocurrency exchanges for weather data and acquire data through the OBSERVER FOUNDATION.

Observer Roadmap

1
May 2018

Distribution of
business note and technical note.

2
May 2018

Development of OBSERVER App
(beta version)
for smartphones.

3
May 2018

Development of OBSERVER
mini weather station (prototype).

4
Jun. 2018

Release of
OBSERVER e-wallet.

5
Jun. 2018

OBSR Pre-sale.

6
Jul. 2018

OBSR Public sale. Development of OBSERVER App
(beta version)
for automobiles.

7
Aug. 2018

Installation of OBSERVER FOUNDATION servers
(beta version).

8
Sep. 2018

Development of quality control algorithms
for real-time observations. Release of official OBSERVER App for smartphones & automobiles
.

9
Oct. 2018

OBSERVER
mini weather station
beta test. OBSERVER
test operation. Listing of OBSR
on the major cryptocurrency exchanges.

10
Dec. 2018

Release of
OBSERVER
mini weather station. Official launch of OBSERVER.

Token Sale Dates

Presale Period

Start date: Jun 11, 2018
End date: Jul 02, 2018

ICO

Start date: Jul 09, 2018
End date: Jul 30, 2018

Token Allocation

Total Token Supply 10,000,000,000 OBSR
Total Tokens for Sale 4,000,000,000 OBSR

Funding Details

Soft Cap 4,000 ETH
Hard Cap 30,000 ETH

Restrictions

Residents of the following countries are prohibited from participating
USA

Token distribution


40% - token sale
40% - mining pool
7% - team and adviser
5% - marketing and promotion
5% - bounty program
3% - legal and compliance

Funds allocation


30% - meteorological instruments development & distribution
30% - OBSERVER foundation establishment
20% - data quality control
10% - development of weather solutions
10% - operational expenses

Token Price and Payment Options

Token price USD 1 OBSR= 0.00724213 USD
Token price ETH 1 OBSR = 0.00001 ETH
Accepted Currencies ETH

Project team

Sejin Kim
Sejin Kim
Co-founder, IT specialist
Sejin Kim linkedin-team
Taeil Cho
Taeil Cho
Co-founder, Business developer
Ki-Young Kim
Ki-Young Kim
Co-founder, Meteorological Specialist
Chang-Bae Lee
Chang-Bae Lee
Meteorological Specialist
Geun-Hye Kim
Geun-Hye Kim
Contents Specialist

Advisors

Seok Joon Cho
Seok Joon Cho
Chief Advisor
Seok Joon Cho linkedin-team
Koichiro Ichimura
Koichiro Ichimura
Advisor
Jong Eup Ahn
Jong Eup Ahn
Advisor
Jin Qiao
Jin Qiao
Advisor
Hyo-Hyuc Lim
Hyo-Hyuc Lim
Advisor
Seung-Gu Yang
Seung-Gu Yang
Advisor
Benjamin Hyo-Geon Oh
Benjamin Hyo-Geon Oh
Advisor
Joon-Ho Kim
Joon-Ho Kim
Advisor
Hak-Jun Kim
Hak-Jun Kim
Advisor
Jin-il Yang
Jin-il Yang
Advisor

Social media

Industries

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