29.04.2019 Hi-tech, софт, компьютеры

IOTW project on IDAX Foundation

IOTW project on IDAX Foundation.

The Participation of IOTW (https://iotw.io/ ) Project in Initial Exchange Offerings (IEO) doesn’t have to be daunting. IDAX Exchange makes IEOs simple and secure for you. Users have a streamlined process to register and buy IEO tokens for various projects.
With Special conditions for IDAX (www.idax.pro ) users: enjoy a lower price during the first round.

On 5th and 6th of May, 10:00 PM (Hong Kong Times) IDAX will launch IOTW through an Initial Exchange Offering. The IEO will offer IOTW tokens directly through one of the leading international cryptocurrency exchanges IDAX (www.idax.pro ).

The IOTW project is making available total 91,818,181.82 IOTW tokens to the general public in the IEO in IDAX and there will be two rounds of token sales. IOTW has made the first successful token sales in another exchange at the end of April, 2019.

The IOTW is building a fast-growing Blockchain-enabled IoT Data Platform in the world, where Big Data is unified from a cross section of IoT devices and different applications based on a native blockchain technology using Proof of Assignment (PoA) and micro-mining protocols. It has been backed up by 500 Startups accelerator program, one of the topmost incubators and VCs in the US. It targets to release a vast volume of IoT blockchain deployments embedded with IOTW technologies in coming years.

The IOTW team also tries to offer a new solution to solve the problems surrounding IoT and blockchain industries, such as cross-brands IoT Big Data collection, Decentralized Data hosting (reducing 95% of the data hosting in AWS), green mining (only 0.5 USD of electricity cost per device annually), high TPS ( transaction per second ) across Pacific with 1-1.5 second low latency, and security problems.


About IDAX
Accompanied by Value

IDAX (www.idax.pro) is an international exchange platform originating from GBC (Global Blockchain Research Centre). IDAX was founded in 2017 and within several months it gained to be in Top 10 exchanges of CMC rank. We provide IDAX users from all around the world with convenient, safe and fast digital cryptocurrency transaction service.

After launching Foundation in January 2019, IDAX has raised over $10 million among private investors and is now offering the general public the opportunity to support the project by purchasing ADAB tokens. In the past year, many blockchain projects staged so-called public sales of tokens without a concurrent lis4ng on a public exchange, increasing the likelihood of fraud and security problems.

We value every user of the platform, and look at and maintain our relationship with users from a long- term perspective. As one of the world's leading exchanges, we will strive to build the first users’ community system initiated and promoted by the exchange. Using our products and services to integrate into people's lives, bringing joy and more opportunities to our users and society in general.

About IOTW

IOTW (https://iotw.io/ ) is building a fast-growing Blockchain-enabled IoT Data Platform in the world, where Big Data is unified from a cross section of IoT devices and different applications based on a native blockchain technology using Proof of Assignment (PoA) and micro-mining protocols. The blockchain software can run on different IoT devices to mine cryptocurrencies. The micro-mining software can be embedded into different IoT chipsets and also downloaded into existing IoT devices through a firmware update without changing their hardware. The founding team has over 20 years of experience working in the Silicon Valley, semiconductor, and IoT hardware industries, which can help make IOTW real business globally at a rapid scale. It has been backed up by 500 Startups accelerator program, one of the topmost incubators and VCs in the US.

With 50 billion IoT deployments by 2020, IOTW aims to unify Big Data from households’ IoT devices with IOTW technologies via two real business approaches. IOTW can provide firmware update for IoT devices with minimal electricity cost (only 0.5 USD per device annually) and without changing their hardware. Moreover, by simplifying the power system hardware, IOTW’s Digital Power System chipset offers IoT device reference designs to convert non-IoT devices to become IoT such as light bulbs, power plugs, and many other white goods, making the cost lower than using traditional analog power systems in appliances. It targets a vast volume of IoT blockchain deployments in coming years.

IOTW tokens are created for diverse real-world applications, such as instant payment, micro-transaction, purchase of Big Data, advertisement, data hosting, IoT reference design, and masternode staking. It can also be used to reward end users of IOTW-enabled devices, IoT manufacturers and different IoT brands through micro-mining. With over 20 years of experience in semiconductor and IoT industry, the team can push real business into market more efficiently. All these can help deploy IOTW’s solutions at a rapid scale to households globally.

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