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IOTW (IOTW) ICO

ICO
Past
Mar 31, 2019 – May 12, 2019

IOTW is an IoT Blockchain infrastructure project using Proof of Assignment (PoA) to connect all IoT devices globally, create passive income in the form of micro-mining, and allow for the development of decentralized applications on IoT devices.

IOTW mission is to establish a data ecosystem for IoT devices based on blockchain, enabling the direct exchange of big data between consumers and manufacturers to ultimately improve people’s lives.

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IOTW (IOTW) ICO ratings

ICObench.com IOTW (IOTW) icobench 3.7 / 5
ICOmarks.com IOTW (IOTW) icomarks 9.6 / 10
TrackICO.io IOTW (IOTW) trackico 4.3 / 5
ICOholder.com IOTW (IOTW) icoholder NA
Our rating
8.5
Claim admin rights for this project

Overview

Project industry Blockchain Infrastructure
Product type Ecosystem
Founded Hong Kong

What is IOTW

Connect Your Device. IOTW ecosystem is developed with an open SDK solution. Any connected devices will be able to download our software through firmware upgrades to join the IOTW ecosystem.

Start Mining. Once the device is turned on and connected, the owners of those IoT devices will enjoy the benefits of mining with insignificant power consumption.

Redeem Rewards. IoT device owners will be rewarded with IOTW coins which the devices can use to call up services or spare parts. The owners can also use the IOTW coins to buy goods, services and media content in open markets.

Details

Pre-sales: Sep 15, 2018 - Mar 30, 2019
Public sales: Mar 31, 2019 - May 12, 2019
Token supply: 2,560,000,000 IOTW
Hard cap: 20,000,000 USD
Raised: 3,400,000 USD

Legal

Country limitations: USA, China
Registration country: Hong Kong
Office address: 12th Floor, Edward Wong Tower, No 910 Cheung Sha Wan Road, Kowloon, Hong Kong

Token info

Ticker: IOTW
Token price in USD: 1 IOTW = 0.055 USD
Accepted currencies: ETH, BTC, Fiat
Bonus program:
Bonuses for Early Adopters
Private Sale: BONUS 25% Token release: 10% each month after ICO
Public Sale: BONUS 0%
Token release: After ICO
Token distribution:
33% - Mining
24% - For Sale
17% - Founders
14% - Reserved for future
10% - Early adopters
2% - Advisors
Funds allocation:
29% - Operations
23% - Blockchain
14% - IOT applications
14% - DPS chips
11% - AI Software
9% - Big Data Collector

IOTW Roadmap

1
1st Q 2018

- Filed patent for POA and micro mining
- Filed first patent of DPS

2
2nd Q 2018

- Demonstration of 15 Micro-miners in Penang, Malaysia
- Demonstration of 200 micro-miners in Shenzhen, China

3
3rd Q 2018

- Ported miro-mining firmware to Espressif and Realtek Wifi chipset
- Filed the witnessing protocol patent
- Announce strategic partnership with Consta mobile and California Wine Co to accept IOTW coins as payment

4
4th Q 2018

- File 2nd patent of DPS
- Announce DPS performance

5
1st Q 2019 +ICO

- Target over 100K TPS
- DPS Chip technologies demo
- Open Source Micro-mining code

- Release Main Network to production
- Consumer products available for retail
- Release ecommerce API and release first decentralized ecommerce marketplace
- ICO

6
2nd Q 2019

10K micro-mining IoT device shipped

7
4th Q 2019

- End system shipment should be in tens to hundreds of thousands
- Big Data Collector release
- Release IOTW code for firmware update
- Millions of semiconductor chipsets installed with IOTW micro-mining firmware
- Achieve 1M TPS
- 100K micro-mining IoT devices shipped

Project team

Fred Leung
Fred Leung
Founder and CEO
linkedin
Marcin Dudar
Marcin Dudar
Founder and VP, Blockchain R&D
linkedin
Tony Chan
Tony Chan
Founder and CFO
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Peter Chan
Peter Chan
Founder & CTO
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Dr. Patrick Hung
Dr. Patrick Hung
Founder
linkedin
Krzysztof Kobus
Krzysztof Kobus
Blockchain Development Director
linkedin
Kartik Mehrotra
Kartik Mehrotra
Head of Business Development
linkedin
Wong Siu Hong
Wong Siu Hong
Senior R&D Manager
linkedin
Gary Yim
Gary Yim
Marketing Director
linkedin
Pranav K Burnwal
Pranav K Burnwal
Principal Blockchain Engineer and Business Strategist
linkedin
Rebecca Cheung
Rebecca Cheung
CMO
linkedin
Gary Mak
Gary Mak
Marketing Manager
linkedin
Elżbieta Bogucka
Elżbieta Bogucka
Software Engineer
linkedin
Dennis Yu
Dennis Yu
Senior Software Engineer
linkedin
James Chan
James Chan
Business Solutions Director
linkedin
Sarah Wong
Sarah Wong
Administration Manager
linkedin
Christopher Chow
Christopher Chow
Assistant Finance Manager
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Joanne Wong
Joanne Wong
Consultant
linkedin
CS Quah
CS Quah
Regional Sales Representative
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Tommy Lay
Tommy Lay
Regional Sales Representative
linkedin
Fanny Li
Fanny Li
Sales Director
linkedin

Advisors

Anthony Lai
Anthony Lai
ICO Advisor
linkedin
Jason Hung
Jason Hung
Advisor
linkedin
Dean Patrick
Dean Patrick
Advisor
linkedin
Andrew Bakst
Andrew Bakst
Advisor
linkedin
Yuen Wong
Yuen Wong
Advisor
linkedin
Leslie Yuen
Leslie Yuen
Advisor
linkedin
Jeffrey A. Rinde
Jeffrey A. Rinde
Advisor
linkedin
Adam To
Adam To
Advisor
linkedin
Denis Lam
Denis Lam
Advisor
linkedin
Dr. Cong Wang
Dr. Cong Wang
Advisor

Social media

Web-site Reddit: IOTW (IOTW) Medium: IOTW (IOTW) YouTube: IOTW (IOTW) Telegram: IOTW (IOTW) BTCTalk: IOTW (IOTW) LinkedIn: IOTW (IOTW) Twitter: IOTW (IOTW) Facebook: IOTW (IOTW)

User rating:

5/5 ( 1 )

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