[ANN] IoT-Chain - page 22. | Bitcointalksearch.org

Darkoth89

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Quote from: gee777 on June 07, 2018, 02:04:36 AM

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Quote from: phantam on June 03, 2018, 11:03:55 AM

Time will tell voice the iot landscape theirs no set communication or security platforms yet really so a unified platform still has a good chance of getting a foothold I feel hopefully a project like this will be that platform given the time and chance

I didn't even realise that IoTChain was already on CoinmarketCap.. Seems to be doing pretty decent at just shy of $1.20 a token, seems like alot of people think this is going to be a good project.

With a short total and circulating supply it could do above 5$ in the future and also the project is getting developed as well, a lot of good vibes there

Yeah it really has a great market value and the project seems to be a concrete one.. I believe this project will get to above 5 usd before the end of the year.

$1.20 a token seems to be a good price. But what was the ICO price? I would like to see how much it corrected due to correction in overall crypto market.

Unfortunately, I do not know the ICO price anymore, but on CMC you can see the value when they were first listed on CMC. and there it was already 0.819 $
That's a nice boost since then

Would be interesting to know the ICO price, I can't find any information on this but just for my interest would be cool to know.

How long do we think it will take for ITC to hit past the 100million market cap??

I actually really doubt they did ICO Huh

maybe they got their money from institutional investments but such huge market cap could take time tbh however owing to the development this could be a possibility in no time also too

How sure are you... If that's true those are really big investments from the institutional investors. But i doubt that there was no ico. Surely there was one.

I suggest checking their FAQ.. There was no ICO, there was a private sale

The below is taken from their medium article on this, which you can find here: https://medium.com/iot-chain/iot-chain-frequently-asked-questions-371fa7cdf445

10. Was there an ICO? If so, what was the ICO price?

There was no public Initial Coin Offering (ICO) for IoT Chain. A private sale took place in November 2017 where 50 million ITC tokens were sold at a rate of 1,000 ITC per 1 ETH. This private placement was the foundation of the initial circulating supply.

jamzzz123

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Quote from: ibininja on June 07, 2018, 02:34:24 AM

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Quote from: Anilbg on June 05, 2018, 09:30:19 AM

Good, so Tokens price already going up. I saw somewhere that there will be 20 billions IoT devices in coming years. Imagine how big this network will be. IoTchain will be in huge demand due to this huge growth in IoT network

That's a lot of IoT devices, and they will all need a secure lite OS. IoT Chain want to develop a decentralized OS on the blockchain to make their server as secure as possible whilst also being highly energy efficient.

I don’t think anyone one network will rule all iot devices by because the network we’re talking about is so large measuring even in bigger numbers than what we’ve ever seen before a network like this even catching a portion of he overall iot ecosystem would be millions of devices

Iot devices are large more than a single network can handle. That's why there are always breaches in iot networks. Security seems to be the major problem of iot devices but it has never stopped it from growing.

I agree. Security is major concern for IoT and I think project like IoTchain will play important roles. They mentioned that their focus would be on user data safety, and without securing these IoT devices user data security is not possible.

I wasn't aware that IoT were really hackable; Going through some articles it is a real pain having to deal with security. I mean I have always worried about privacy in but never considered security.

It's indeed a lot of task dealing with security issues. You have to do what's right to keep your clients safe from potential treats of all kinds and not just that alone, you have to also look out for yourself and keep your data too.

We should be expecting this to boost IoT solutions. To have a unified platform where IoT just plug and run without having to deal with the infrastructure would really help many manufacturers.

This is the beauty of the project, a complete hassle-free implementation that requires no effort from the IT / infrastructure team and also ensuring security and data integrity is kept at a high

ibininja

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