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Topic: [ANN]modum.io - award-winning Swiss startup innovating supply chain operations - page 22. (Read 35378 times)

newbie
Activity: 48
Merit: 0
great project ,count me in.

I am really convinced of this project. Wish you good luck! :-)

Thanks for your interest and compliments!

By the way, we have an official subreddit where we regularly post news: www.reddit.com/r/modum_io
newbie
Activity: 26
Merit: 1
I am really convinced of this project. Wish you good luck! :-)
newbie
Activity: 22
Merit: 0
great project ,count me in.
newbie
Activity: 48
Merit: 0
We have been featured by Switzerland's leading platform for startups: http://www.startupticker.ch/en/news/august-2017/modum-io-reports-successful-start-of-token-sale

Quote
Modum.io is a tech startup developing systems to improve supply chain processes by combining the best of blockchain technology and IoT. The company has raised USD 1.25 million in an oversold token pre-sale within a couple hours last Friday. Public token sale will start on 1 September.
newbie
Activity: 48
Merit: 0
Thank you all for the compliments!

We have updated our token sale site with FAQ including answers to:
Token Characteristics, Token Sale Process and an extensive block regarding modum.io's business case.

https://modum.io/tokensale/#FAQ

Edit @ HODL to the moon: Great name! Wink
full member
Activity: 238
Merit: 100
Really interesting project. Great to be here so early. This is going to be huge!
legendary
Activity: 1455
Merit: 1033
Nice project, i read/write a lot with the team per mail an at the german tread.

I will definitely invest,....

Btw: If you believe in IOTA, you should also invest a little part in modum Wink
newbie
Activity: 48
Merit: 0
Looks like a pretty good project, but $30M seems like too much.

Thank you for the compliment!

We will sell 20M tokens and with all discounts raise max. 16,350,000 USD at the end.
10M tokens are locked for modum.io and will only be released after the tokenholders have voted that we have reached our milestones.
YIz
hero member
Activity: 686
Merit: 502
Looks like a pretty good project, but $30M seems like too much.
sr. member
Activity: 1596
Merit: 362
Count me in.

Innovative real world use case for the blockchain, maybe even IOTA in the future, a reasonably capped ICO, and unlike most projects you are close to entering the market. Sounds good to me. I wish you great success. 
newbie
Activity: 48
Merit: 0
Developers: Our Bug Bounty Programm will be launched soon.

In the meantime you will find further informations on: http://modum.io/tokensale
newbie
Activity: 48
Merit: 0
Twitter | Slack | Medium | LinkedIn | Reddit

M O D U M . I O
Enabling data integrity for supply chain operations, using blockchain technology.
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Modum.io proudly presents the MOD token: a crypto token that comes with voting rights and profit participation rights.
Purchasing the MOD token is supporting a prominent, award-winning Swiss start-up with a working hardware prototype, several successful pilot projects completed, industry partnerships and backing by two leading Swiss universities.


The MOD token is backed by the modum.io business case, the regulation driven use case for blockchain technology in the supply chain sector.

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Since its founding in 2016, modum.io has conducted several pilots with industry leaders in order to receive customer and user input for developing the system, test different go-to-market strategies, and explore business and pricing models.  
The advantage of using blockchain technology in the supply chain is that it provides an open, immutable, global, online ledger for transactions, which includes a verification mechanism.

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About modum.io

modum.io's sensor devices record the environmental conditions (i.e. temperature, humidity, movement, etc.) that a package has been subject to while in transit. Senders can pre-program alarm criteria into the blockchain, which will enable the sensor device to notify receivers of any deviation in conditions that may affect the product.

modum.io’s first product for pharma logistics is regulatory driven. The market need is created by the revised Good Distribution Practice of medicinal products for human use by the European Commission (2013/C 343/01). This regulation is mandatory, requiring the over 10,000 certified pharma distributors in the EU to prove that shipped medicines have not been exposed to conditions (particularly temperature) that may have compromised their quality.

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modum.io's Sensor Device Solution

modum.io offers a highly efficient supply chain solution which enables affected companies to prove compliance with regulations using blockchain and Internet-of-Things (IoT) technology.

To that end, modum.io has developed a solution which

1.   has a high degree of automation, is fully wireless,
2.   allows a painless roll-out and customer integration, has no gateways,
3.   provides high data integrity, -authenticity, independent verification, auditability, security, and flexible data ownership, and
4.   is still a low-cost solution that facilitates mass usage.

More details in our Whitepaper

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Why invest

•    A product-market fit, proven through successful commercial pilots
•    A MOD token, coming with aligned incentives with profit sharing token structure
•    Fair ITO conditions with a reasonable cap, under Swiss law
•    Short time-to-market due to commercial launch in Q1/2018
•    Pre-investments of close to 1,000,000 USD
•    A great team with an incredible breadth of experience
•    A blockchain agnostic setup, prepared for the future
•    Voting rights, enabling a fair and community-controlled milestone approval


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Token Economics




The modum token sale is over




The MOD token comes with both voting rights at predetermined milestones and profit participation rights. Read our whitepaper for more details.

Total token supply: 30 million (30,000,000) MOD -> Chart
Max. 20.1 million will be offered in a crowdsale:
    
- (SOLD OUT) 2.1 million (7%) pre-sale with a 50% discount, 50 Cents instead 1 USD per token
- 18 million (60%) will be offered in public sale
    6 million with a 30% discount, 70 Cents instead of 1 USD per token
    6 million with a 15% discount, 85 Cents instead of 1 USD per token
    6 million with 0% discount, 1 USD per token

- 9.9 million (33%) will be locked in a smart contract and released upon public voting:
    0.9 million to cover the token sale expenditures and the bug bounty program
    9 million will be released over the next three years to retain profit sharing rights to modum.io AG.

Oversubscriptions of a bonus tier get allocated to the following tier.

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What the Press says

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As the only system that currently complies 100 percent with all EU guidelines concerning the distribution of medicinal products, the Modum.io system is providing a solution to substantially cut these delivery costs.
- Nasdaq

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Swiss start-up Modum, for example, uses blockchain as a way of assuring recipients that pharmaceuticals have remained within an acceptable temperature range while in transit.
(...) Immutable records on every aspect of a transaction – from the source of the raw material to where and how the products were manufactured, (...) – are the new basis of trust.
- World Economic Forum

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Swiss-based startup, Modum.io, has won $25,390 (CHF 25,000) after taking first place in the Future and Emerging Technologies vertical of the Kickstart Accelerator 2016, out of 850 startups from 40 countries.
- Bitcoin Magazine


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