Topic: ✅✅✅[ANN] IOTW: NEW DISRUPTIVE BLOCKCHAIN TECHNOLOGY✅✅✅ (Read 2950 times)
IOT devices already use electricity and energy to do their intended jobs such as washing clothes and drying hair, micro mining with IOT devices atop of that would NOT need to use more energy. We can do micro-mining in these devices in the future.
I've finished private sale registration, where i typed that would like to invest f.e. 4000$. How or where should i know, how much exactly i must transfer ETH for your ETH adress? Would it be a problem, if i'll trasfer a little bit more or less eth in mentioned USD equivalent?
As developers said, they accept ETH. You should use ETH price at the time you send the money. If the difference is too much, developers will contact you.
FROM TELEGRAM
"We believed blockchain tech hasn't been got to every household, so we developed a technology that can give all mining rewards to owners of IoT devices. So any connected devices can do mining without added hardware cost. In that way, we don't need mining farms". Watch more on Our CEO Fred Leung' s interview at Money Today Network (MTN) in Korea in mid September.
https://bit.ly/2OW45DF
"
"We believed blockchain tech hasn't been got to every household, so we developed a technology that can give all mining rewards to owners of IoT devices. So any connected devices can do mining without added hardware cost. In that way, we don't need mining farms". Watch more on Our CEO Fred Leung' s interview at Money Today Network (MTN) in Korea in mid September.
https://bit.ly/2OW45DF
"
https://i.imgur.com/Ybae0oB.png
It is a Disruptive Technology to Bring Blockchain to Every Household!
To build a global community of IOT devices and establish economic activities therein with blockchain technology
We have invented a new way of mining, the Proof of Assignment method that would require significantly less computational power, such that ordinary electrical appliances can mine IOTW coins without significantly increasing their electricity bills like traditional mining activities do.
Mining will be carried out daily through our simple IOT machines. Our project makes it possible for every household to join in the mining activities and enjoy the benefits.
Problems
Blockchain cannot go into every household and used in daily life
Common people do not use crypto currency to purchase in daily life
Solutions
-Blockchain rewards all end users who are the common people through IOTW micro-mining. With token at hand and they will use token to purchase and build crypto currency purchasing behavior
-With IOTW micro-mining firmware, IOT devices can mine without increasing hardware cost
-IoTW supports instant transaction
-Build infrastructure to sell media, games, services and common goods using IOTW
Proof of Assignment vs Proof of work vs Proof of Stake
-Does not require high computation power for mining like Proof of work
-Very secure
-Node mining capability does not depends on how many tokens the node has
-Higher number of node gets higher reward vs richer get richer like Proof of Stack
Name and Symbol: IOTW
Total Supply: 5 Billion
Token Price: 1 ETH = 5,000 IOTWs
Hard Cap: 100,000 ETH
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IOTW
New disruptive blockchain technology. Proof of Assignment.
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https://i.imgur.com/V3tVSU9.png https://i.imgur.com/t7vBbJf.png https://i.imgur.com/nK7Vo1R.png https://i.imgur.com/DqpmUM0.png
WHAT IS IOTW?
It is a Disruptive Technology to Bring Blockchain to Every Household!
OUR MISSION
To build a global community of IOT devices and establish economic activities therein with blockchain technology
OUR TECHNOLOGY
We have invented a new way of mining, the Proof of Assignment method that would require significantly less computational power, such that ordinary electrical appliances can mine IOTW coins without significantly increasing their electricity bills like traditional mining activities do.
Mining will be carried out daily through our simple IOT machines. Our project makes it possible for every household to join in the mining activities and enjoy the benefits.
PROBLEMS TO BE ADDRESSED BY OUR PROJECT AND THE SOLUTIONS
Problems
Blockchain cannot go into every household and used in daily life
Common people do not use crypto currency to purchase in daily life
Solutions
-Blockchain rewards all end users who are the common people through IOTW micro-mining. With token at hand and they will use token to purchase and build crypto currency purchasing behavior
-With IOTW micro-mining firmware, IOT devices can mine without increasing hardware cost
-IoTW supports instant transaction
-Build infrastructure to sell media, games, services and common goods using IOTW
EXPLAINER VIDEO
Proof of Assignment vs Proof of work vs Proof of Stake
-Does not require high computation power for mining like Proof of work
-Very secure
-Node mining capability does not depends on how many tokens the node has
-Higher number of node gets higher reward vs richer get richer like Proof of Stack
TOKEN DISTRIBUTION & DETAILS
Name and Symbol: IOTW
Total Supply: 5 Billion
Token Price: 1 ETH = 5,000 IOTWs
Hard Cap: 100,000 ETH
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FUND ALLOCATION OF THE ICO
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ROAD MAP
https://i.imgur.com/ftI1qEa.png
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CORE TEAM
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ADVISOR TEAM
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SUPPORTING COMPANIES
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GET IN TOUCH WITH US
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I look forward to the start of the ICO. In my opinion, mining on IOTW devices is the future. I expect after ICO to see a good rise in prices on exchanges. The developers correctly moved the ICO to the first quarter of 2019.
Thanks for your support. Feel free to try our testnet and share with your friends
IOTW Testnet has been officially launched.
Have you signed up for the testnet yet?
Follow 3 simple steps on this website: https://iotw.fun/
Have you signed up for the testnet yet?
Follow 3 simple steps on this website: https://iotw.fun/
I look forward to the start of the ICO. In my opinion, mining on IOTW devices is the future. I expect after ICO to see a good rise in prices on exchanges. The developers correctly moved the ICO to the first quarter of 2019.
What’s Happening to Project IOTW as the Cryptocurrency Market Slows Down?
Check out more on our new blog post
: https://blog.iotw.io/business-update-whats-happening-to-project-iotw-as-the-cryptocurrency-market-slows-down/
🚀IOTW is proud to announce the upcoming TestNet launch, which will be on 12th December, 2018. You will have a chance to mine TestNet coins to get rewards. Don't miss out and stay tuned. Plz share to your friends!
Read more here: https://blog.iotw.io/testnet-launch-date/
Read more here: https://blog.iotw.io/testnet-launch-date/
The launch of the test network is scheduled 12.12. This is a rather symbolic date. Developers are serious about ICO. They want to release a beta version before the main ICO. Now investors want to first see the beta version, and then make a decision on investing. IOTW is a promising project. Mining on IOTW devices can lead to a real revolution.
Yes, That's correct. Be ready to join the IOTW testnet.
We will announce in great detail later!
The launch of the test network is scheduled 12.12. This is a rather symbolic date. Developers are serious about ICO. They want to release a beta version before the main ICO. Now investors want to first see the beta version, and then make a decision on investing. IOTW is a promising project. Mining on IOTW devices can lead to a real revolution.
;)IOTW's "Into the Blockchain" series, now let's focus more on its head of business development, Kartik. Let's find out more what he does every day: https://blog.iotw.io/meet-our-team-business-development/
Hi, IOTW is now moving towards StresssTest in its network for IoT devices. The team simulated the creation of 9,000 devices in the network. Astoundingly, it got no problem. Read more the tech update: https://blog.iotw.io/stresstest/
Hello admin, where is name of team? Do you have a team or just you alone to work this project. Make trust people to get money from investor
I want to know when the ICO sales wl start, if selling already when is it closing? I wait very stong when ICO will begin. I very glad to see demo running miners on ESP32: https://www.youtube.com/watch?v=XuDI2TVKbl8&feature=share
As developers said, they plan to hold a sale toward the end of Q1 next year. Developers do not have a starting date set at the moment. Stay tuned!
IOTW and LED Lighting Manufacturer Bortex Global Collaborate for IoT Mining and Cryptocurrency Proliferation
AnApp Blockchain Technologies Limited (“AnApp”), the IoT blockchain developer behind IOTW (a new cryptocurrency for IoT applications), announces a new partnership with leading LED lighting products manufacturer, Bortex Global, a company listed in Hong Kong.
Founded in 2014, Bortex Global manufactures and distributes LED lighting products around the world, including North America, Europe and the Asia Pacific region, and their partnership with IOTW will see them producing an IOTW-branded OEM light box.
Moreover, IOTW will also port their micro-mining software to specific Bortex-manufactured lighting products, and Bortex will start accepting IOTW coins as a payment method for supported products.
By 2021, the global sales revenue of LED indoor lighting industry is expected to increase to around $64B from the current $34.5B figure, and given how LED lighting products are utilized globally, IOTW will be able to leverage this to reach a large user base, allowing them to mine cryptocurrencies.
“We are excited to have forged a productive partnership with Bortex Global, and will be porting our firmware to their lighting products. With this, not only will their users have access to the crypto industry, they will benefit from our decentralized, micro-mined IOTW coins.” commented AnApp CEO Fred Leung.
AnApp is developing the IOTW cryptocurrency and blockchain software which can run on different IoT devices. The micro-mining software can be embedded into different IoT chipsets and also downloaded into existing IoT devices through a firmware update.
Bortex Global Limited (Stock Code:8118.HK) (website: bortex.com.cn/) has more than 150 employees which include R&D team and management team. It has abundant experience in product design, cost control, etc., so as to preserve a stable state. Over the past few years, Bortex Global is also continuously investing in resources, purchasing efficient and mechanical equipment, making the technology more fluent, and ensuring quality and efficient production of quality products, so as to improve competitiveness and profit-making ability.
The article is originally from IOTW’s blog: https://blog.iotw.io/iotw-and-led-lighting-manufacturer-bortex-global-collaborate-for-iot-mining-and-cryptocurrency-proliferation/
If you like our blockchain technology, let’s join our community:
IOTW website: https://iotw.io/
LinkedIn: https://www.linkedin.com/company/iotw/
Twitter: https://twitter.com/IOTW_Official?lang=en
facebook: https://www.facebook.com/IOTWProject/
Youtube: https://www.youtube.com/channel/UCg4lHtg0DsEINsoAMc3JUxA
Here is our CEO Fred Leung's latest interview in Singapore
He gave a very engaging interview of how IOTW is going to revolutionize the Internet of Things (IoT) industry and how IOTW can bring blockchain technology to every household via IoT devices.
https://www.youtube.com/watch?v=t8YuaJbA91E
Let's join our other social media community and explore more:
IOTW website: https://iotw.io
Telegram: https://t.me/IOTWcommunity
LinkedIn: https://www.linkedin.com/company/iotw/
Twitter: https://twitter.com/IOTW_Official?lan...
facebook: https://www.facebook.com/IOTWProject/
He gave a very engaging interview of how IOTW is going to revolutionize the Internet of Things (IoT) industry and how IOTW can bring blockchain technology to every household via IoT devices.
https://www.youtube.com/watch?v=t8YuaJbA91E
Let's join our other social media community and explore more:
IOTW website: https://iotw.io
Telegram: https://t.me/IOTWcommunity
LinkedIn: https://www.linkedin.com/company/iotw/
Twitter: https://twitter.com/IOTW_Official?lan...
facebook: https://www.facebook.com/IOTWProject/
[IOTW Technology Breakthrough]
Last two weeks we have been very busy working on MicroMiners code, it’s stability and a set of tools for manufacturers of devices to bring first production batches of devices ASAP.
We had been massively challenged as we could not understand why we had stalled sockets when our two racks of devices (400 units) were going online on a single network connection line. Obviously, routers had to handle high traffic and sometimes connections were dropped but for both server side and client side we have noticed a lot of stalled connections that seemed OK and even in the non-blocking mode of sockets we have not been getting error. With massive brainstorming we even did not eliminate to change connectivity protocols but that would increase traffic to servers and in the end increase costs of running the network when we reach critical mass of devices.
With more brainstorming and even more brainstorming, we were unable to find solutions. Endless hours of testing and changes didn’t bring us any closer. Finally after some research we have found simple solution that has been there forever RFC1122 stadard. Configuring “Keep Alive” on socket with a single liner solved all our problems.
Now we have fully stable connections, full recovery mode and we feel that MicroMiners code is ready to enter final Beta testing with live Alpha production system.
Of course we have fixed hundreds of other bugs, cleaned code and made massive changes to Manufacturing Tools to ensure that serial number generation with all security levels is well implemented and tested.
Off to the new week of challenges…
This article is written by Marcin Dudar, the founder of IOTW and VP Blockchain R&D. He is also the co-inventor of “Proof of Assignment”. He had two IPO experiences.
Let’s keep in touch:
IOTW website: https://blog.iotw.io/
LinkedIn: https://www.linkedin.com/company/iotw/
Twitter: https://twitter.com/IOTW_Official?lang=en
facebook: https://www.facebook.com/IOTWProject/
Youtube: https://www.youtube.com/channel/UCg4lHtg0DsEINsoAMc3JUxA
MicroMiners!!!
Last two weeks we have been very busy working on MicroMiners code, it’s stability and a set of tools for manufacturers of devices to bring first production batches of devices ASAP.
We had been massively challenged as we could not understand why we had stalled sockets when our two racks of devices (400 units) were going online on a single network connection line. Obviously, routers had to handle high traffic and sometimes connections were dropped but for both server side and client side we have noticed a lot of stalled connections that seemed OK and even in the non-blocking mode of sockets we have not been getting error. With massive brainstorming we even did not eliminate to change connectivity protocols but that would increase traffic to servers and in the end increase costs of running the network when we reach critical mass of devices.
With more brainstorming and even more brainstorming, we were unable to find solutions. Endless hours of testing and changes didn’t bring us any closer. Finally after some research we have found simple solution that has been there forever RFC1122 stadard. Configuring “Keep Alive” on socket with a single liner solved all our problems.
Now we have fully stable connections, full recovery mode and we feel that MicroMiners code is ready to enter final Beta testing with live Alpha production system.
Of course we have fixed hundreds of other bugs, cleaned code and made massive changes to Manufacturing Tools to ensure that serial number generation with all security levels is well implemented and tested.
Off to the new week of challenges…
This article is written by Marcin Dudar, the founder of IOTW and VP Blockchain R&D. He is also the co-inventor of “Proof of Assignment”. He had two IPO experiences.
Let’s keep in touch:
IOTW website: https://blog.iotw.io/
LinkedIn: https://www.linkedin.com/company/iotw/
Twitter: https://twitter.com/IOTW_Official?lang=en
facebook: https://www.facebook.com/IOTWProject/
Youtube: https://www.youtube.com/channel/UCg4lHtg0DsEINsoAMc3JUxA
How about the Token Sale, for a long time i don't see they update any news on social media channel. The idea and team behind IoTW is good. But i think we need more information about project process.
How I can join the Private Sale and get the 50% bonus???
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