Modum (MOD)ICO To be announced Modum is a tech startup developing systems to improve supply chain processes by combining the best of blockchain technology and IoT. 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. |
Overview
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Technical details
The modum smart contracts are not restricted to a single blockchain. The pilot projects, including those with a large Basel pharmaceutical company and a leading parcel distributor, used the Ethereum platform.The modum system relies on a secure IoT sensor device. Feasibility of the system was tested using the Texas Instruments SimpleLink multi-standard CC2650 SensorTag as a prototype.
What is Modum
MOD token is a crypto token that comes with voting rights and profit participation rights. Purchasing the MOD token is supporting a prominent, award-winning Swiss start-up with a working hardware prototype, several successful pilot projects completed, industry partnerships and backing by two leading Swiss universities.
DetailsPublic sales: Aug 30, 2017 - TBARaised: 13,324,077 USD | Token infoTicker: MODDividends: The board of modum.io decides and declares the amount of dividends when there is a profit. A payment equivalent to this amount is converted to Ether and sent to the modum smart contract. The modum smart contract evaluates the current holdings and distributes the profits to the token holders in Ether. Token price in USD: 1 MOD = 1 USD Accepted currencies: BTC, ETH, IOTA Token distribution: 60% - Tolen sale 30% - modum.io 3% - Token sale cost and Bounty 7% - Pre-sale |