Robotina, an innovation and control technology company, recently launched an ICO campaign aiming to raise $28,5M for further development and community growth of it’s IoT platform. This platform is already helping to solve the issues of rising electrical energy prices, growing electrical energy consumption and costly maintenance of electrical grid stability. Having already reached $10M soft cap, the project is set to expand Robotina’s wealth of experience from B2B to B2C energy sector.
Robotina has been one of the market leaders in smart grids, AI & IoT since 1990 and has built many partnerships with companies like Microsoft, SHARP, Hitachi & Panasonic. The company decided to enter the B2C market with Robotina IoT platform. Applying several state-of-the-art technologies, the Robotina platform reduces electric energy consumption, lowers electricity costs and optimizes the functioning of the entire electricity grid by monitoring and controlling real-time electricity consumption and distributed production. Thus it manages the devices and collects and processes the data from platform users. This data is then offered to the network operators or electric energy producers. Both can benefit from substantial savings.
Robotina platform connects three major technologies. The Internet of Things (IoT) is a system of intelligent connected devices, digital machines, objects or people that are provided with unique identifiers and the ability to transfer data over a network without requiring human-to-human or human-to-computer interaction. The artificial intelligence (AI) is the brains of the Robotina’s platform which cracks the real time smart grid data into valuable information and provides the rewards to its members. Blockchain is a decentralized ledger which hosts a number of smart contracts triggered between different parties and a definitive contract is produced that can’t be disputed. The individuals involved are anonymous, but the contract is public on a decentralized ledger. Transactions are encrypted.
Robotina ICO crowdsale is open from March 21 at 15.00 CET. During the first phase of the crowdsale, the investors will be able to buy the Robotina platform utility token (ROX) with a 5% bonus. The average ROX price will be set at $0.05. Robotina warmly welcomes everybody who wants to be a part of the energy revolution to visit their ICO website and fill out the KYC forms.
Robotina platform enables payment with several other other tokens, coins or fiat currencies, but only ROX transactions will bring special discounts.
Robotina is a EU company with over 50 experts focused on innovation in automation and control technology. All their products include their proprietary technology and the company has its own in-house R&D and manufacturing facility. Combined with expertise and ability to introduce new solutions swiftly and economically, it represents a solid base for every control solution and sets new standards for today and for the future. Robotina’s business models include the entire vertical, from energy suppliers to grid operators. GOFLEX community and NEDO Slovenia are comprehensive showcases of this scope of cooperation.
“After implementing 1000+ successful projects in Germany, Austria, Slovenia, Switzerland, South Africa and elsewhere, it was time to upgrade our game and give our clients a better, even safer decentralized solution. This development is completely in line with our vision to become the leading provider of smart connected solutions, components and platforms which will contribute to a new model of connected society. We are looking forward to bringing the measurable benefits our ICO investors will be seeing,”-Devid Palcic, CEO of Robotina.