IOTW is not a simple network regarding IoT, this is a project of blockchain technology incorporation into IoT devices. The ecosystem of IOTW will include mining by IoTs and transactions of IOTW coins. The mining will be based on the Proof of Assignment protocol which needs less processing power. Open software development kit (SDK) of blockchain will let any smart device connected to internet load the application and join IOTW and perform micro-mining. Invented DPS (digital power systems) chips are cheaper, more efficient and programmable, they will allow converting household appliances and industrial equipment into IoT devices and improve the traditional power system.
The Ecosystem of IOTW
IOTW will include blockchain ledger and trusted nodes that will record and manage the information from IoT devices, the online marketplace, data analysis, machine to machine matching and Artificial Intelligence.
IOTW coins use:
- Payment for services of service providers at IOTW platform (the maintenance etc)
- Payment for goods (at online direct e-market and outlet mall of IoT, spare details, disposable parts etc)
- Payment for big data collected through blockchain network (collective customer behaviour etc. and NOT personal data)
- Rewards for micro-mining by IoT devices
IOTW tokens Distribution Details
⇨ Ticker symbol: IOTW
⇨ Total supply: 5,000,000,000 IOTW
⇨ Hard Cap $45,000,000 or 100,000 ETH
⇨ Token Price 1 ETH = 5,000 IOTW
⇨ Presale Bonus: 30-25% depending on the day of sale
⇨ Public Sale Bonus: 20-0% depending on the day of sale
⇨ Restricted area: USA, Canada, China
Note: Unsold tokens will be burned
⇨ Total supply: 5,000,000,000 IOTW
⇨ Hard Cap $45,000,000 or 100,000 ETH
⇨ Token Price 1 ETH = 5,000 IOTW
⇨ Presale Bonus: 30-25% depending on the day of sale
⇨ Public Sale Bonus: 20-0% depending on the day of sale
⇨ Restricted area: USA, Canada, China
Note: Unsold tokens will be burned
For more information, please visit links below :
Website: https://iotw.io/
Whitepaper: https://iotw.io/assets/doc/Anapp%20Technologies%20Limited%20IOT%20Blockchain%20Whitepaper%202018%2005%2012.pdf
Telegram: https://t.me/IOTWcommunity
Ann: https://bitcointalk.org/index.php?topic=4118529.60
My Bitcointalk profile link - https://bitcointalk.org/index.php?action=profile;u=1182404
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