ICO Review: Robotina (ROX)

in #ico6 years ago (edited)

Blockchain and particularly Bitcoin has grown to become the recent buzzword. And with over 1,500 listings on CoinMarketCap, one of the most popular website that let you check and compare the growth of some particular cryptocurrency, and several hard attempts from many country around the world to regulate this new disruptive technology, it is the evidence that blockchain technology is here to stay.

However, with so many options of coins and tokens in the market to choose, it can be rather difficult to decide which projects to invest in and whether they will stand the test of time. In so many ways, critics have likened the blockchain revolution to the dotcom bubble. Without a doubt, there are so many crappy and worthless projects out there, as there are a few novel ones.

This article is issued to review Robotina, an already established tech company with their newest project which aims to solve power consumption issues. In their own words, they aim to “save electricity, save money, and save the planet”.

Let’s dive straight in!

Overview

Imagine a day without power; no electricity, no phone, no transportation, no coffee maker, virtually nothing. It’s daunting to imagine that situation, right? Power is an integral part of modern human society. Unfortunately, our need to generate more power has adversely affected the earth – increase in the earth’s temperature, greenhouse gases, and melting of ice at the poles, amongst others. Our negative footprints on earth, irrespective of technological strides are no longer refutable.

In addition to greenhouse gases, it is impractical to keep an eye on every device you have in your house. What this means is we often pay for electricity that we do not consume. Robotina aims to solve this problem by integrating Internet of Things (IoT), Artificial Intelligence (AI), and Blockchain, to reduce the overall cost of energy consumption by using the platform they build. The main features of their platform include:

  1. Save energy costs by up to 30%
  2. Contribute to a greener environment with less emissions
  3. Tokenize the smart-grid community; users can pay with fiat, ROX, and other cryptocurrencies.
  4. Integrates IoT, AI, Blockchain, Efficient Battery Storage, and Big Data to help user control their energy consumption

Technology

As stated before, Robotina combines three game-changing technologies; IoT, AI, and Blockchain. Although all three techs are relatively new subjects, they are committed to change the world as we know it. By connecting the electrical grid with an IoT network, Robotina can monitor and optimize energy consumption in real-time. Devices that are not in use are automatically turned off, thus saving the cost of electricity for the users.

Additionally, members of the platform can sell and purchase unused energy freely by using ROX tokens. There is also the opportunity to buy power as a group and participate in crowd financing.

Team

Irrespective of how novel a project may appear, the team behind that project will either make it or break it. Robotina claims to have 50 experts working on the project. Although their names don’t ring any bell, I believe they are up to the task and will be able to pull through. So far, they have 28 years of experience under their belts, 25 countries testing the project, 5 international certifications, and several registered patents.

Here some of Team and Advisor of Robotina

Robotina Team.png

Robotina Advisor.png

If you curious with the detail you can visit Robotina Website. They’re in crowdsale right now.

Adoption & Final Thoughts

The future is definitely bright for Robotina. Most people will jump at the idea to lower their energy consumption costs and this is a big plus for the project. The project already has integrated Home Energy Management System (HEMS), and Business Energy Management System (BEMS) running, unlike most Blockchain-based projects that feed on just hypes and future anticipations.

The crowdsale will end in 30th April. For frequent update of Robotina ICO you can follow their Twitter or Facebook Page. If you already join the ICO and want get additional ROX you can join their bounty campaign in Bitcointalk or Bountyhive.

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https://steemit.com/cryptocurrency/@nozokiumi/robotina-ico-review-what-are-the-benefits-should-i-be-a-part-of-this

This is an amazing project. Great team good work. I'm waiting for good news from this strong project team and wish a big profit!

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