Robotina Combines Expertise In IoT, AI And Smart Grids To Launch Energy ICO
2 weeks ago kakp2 0
Robotina, an established European energy firm with projects in 25 countries, is launching an ICO to optimize the distribution and efficiency of electrical energy. The parent company has been operating in the target industry since 1990, creating industrial energy control systems and running R&D for smart electrical grids across the world.
Robotina’s goal for the ICO is to create a community-driven marketplace for the efficient distribution of energy and the optimization of IoT connected devices. As the number of connected IoT devices explodes, so does the need for electrical power. To increase efficiency, Robotina offers a Home Energy Management System (HEMS) that will coordinate your electronic appliances in real time with the power grid. The system will actively monitor the price of electricity and deliver it to your devices when it’s at its cheapest.
The platform also collects and processes data anonymously to help maximize efficiency. Users can choose whether to sell their data for a profit or keep it 100% private. Energy savings of up to 30% can be achieved through optimization with existing technologies such as AI and blockchain. Net benefits generated by the network will be distributed back to the community.
Users of the Robotina platform have the potential for additional energy savings through group-buying electricity. Members can band together to secure a discounted group price through the Robotina marketplace, and receive an additional discount when purchasing with the Robotina token (ROX), although payment will be possible with other tokens and fiat as well. Members can even monetize their energy savings by selling unused energy back to the grid or to other members.
The company has two officially licensed research and development teams, and has secured seven industry patents. Robotina received a seal of excellence from the EU Commission and is a vital part of the project Generalized Operational FLEXibility for Integrating Renewables in the Distribution Grid (GOFLEX), which has received funding from the European Union’s Horizon 2020 research and innovation program.
Robotina has participated in numerous partnerships, such as with Japanese companies SanRex and Panasonic, to implement a complete monitoring and management system for the first two photovoltaic power plants in Japan.
The Robotina ICO pre-sale started on 21st February 2018 and the ICO crowdsale starts on 21st March with the hopes of raising $28.5 million. The crowdsale will run until April 30th 2018 and a total of 815,000,000 ERC-20 ROX tokens are available for distribution at $0.05 each, with a minimum contribution of 0.5 Eth.
For more information and to read the whitepaper, please visit their website.
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