ICO Hunt: Blockcloud
ICO Dates: Starts September 2018
Token Value: 1 BLOC = 0.0100 USD
Summary: A Blockchain-based advanced TCP/IP Architecture Providing Constant Connectivity for Dynamic Networks.
Key Numbers: Team with 10 Years Experience in the IoT Industry, 8 million+ devices connected in areas of Internet of Vehicles, Smart Healthcare, Smart Homes, etc.
Market Cap: $80 Million
Current Solutions: IoTA uses a tangle methodology, similar to Quantum computing. This is good for complex computation.
Their Solution: Proof of service: The whole network has to contribute resources, including storage, computation, bandwidth, routing and data. The white paper explains how this is verified and incentivised.
Business Model: ICO, Transactions
Growth Strategy: Developer community, IoT Chip enterprise partners, roadshow
Team: Leadership team of published researchers, PHDs, Scientists
Financials:
Mining: 30%
Team 10%
Early Contributor incentive: 10%
Private sale: 15%Foundation 30%
Competition: IoTA, IoTW
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