Browse ICOs 2018-07-20T12:16:32+00:00
★DiscoveryIoT   
4.4

Revolutionising Supply Chains through Blockchain
World over, brands and companies waste more than $1 Trillion due to lack of visibility of products through their supply chains. Without this data, brands end up spending their marketing budgets in an inefficient and sub-optimal manner. Without access to real time stock and sales data, they end up with stock-out or over-stock situations, both of which are costly. The Discovery solution helps address this problem through a three-layered solution of IoT hardware (Cliot), a Community of Public Users (Distributed Infrastructure) and a Data Analytics/AI layer. Our hardware is developed at a very low cost of $0.10 a piece which makes it affordable to for low-priced daily products like shampoo bottles. The user community who have our mobile application installed on phones, act as data harvesters in the network and get rewarded for lending their cellular data network for data transmission. The data analytics layer converts this data to meaningful information for brands to action upon.

  • ABOUT
  • TEAM
  • MILESTONE

About DiscoveryIoT


EXECUTIVE SUMMARY


“All world-changing products have one thing in common – they arise as a direct consequence of convergence of multiple, individually revolutionary technologies


THE INTERNET OF THINGS


The internet permeates deep into our lives.  Everything seems to be connected to the internet in some way or the other.  Globally the IoT market is expected to reach $9 Trillion by 2020 from $3Trillion in 2014, growing at a staggering 20% CAGR.


Dubbed as part of the Industry 4.0, IoT is expected to bridge the gap between the physical and the digital world, opening up a plethora of opportunities for the industry and consumers to benefit from.  Applications of IoT are unlimited, and range from consumer electronics to life sciences, logistics to retail.  Gartner estimates that there will be about 50billion connected devices by 2020, with the spend on IoT services expected to cross $7 Trillion.


DISCOVERY


At its heart, Discovery is a blockchain solution that helps brands track their products through the supply chain.  It enables brands to udnerstand where each of their products are lying, at a unit level.  Our unique Data Analytics / AI engine converts all these data points into meaninful information, generating unique and actionable insights for brands to act upon.


There are three layers to the Discovery Solution:


1.  Cliot:  The Cliot is a uniquely identifiable self-charging printable tag would be placed on the product that is desired to be tracked.  We are developing it along the lines of a printable solution, where mass-production could take place through a decentralized infrastructure.  Each enterprise user could print their own set of tags based on a pre-defined protocol built on the lines of EAN.  Since data transfer from the tag is meant to be periodic (~100 times/day), and since the data blocks are very small (Few bytes – 1kb), battery life is expected to be long.  Moreover, the device would be self-charging, drawing power from electro-magnetic waves (cellular network / wi-fi waves).  This would make the tag long-lasting, at very low costs (~$0.05 - $0.10 per tag).  We believe this would help penetrate IoT to applications that were hitherto considered too cost conscious to warrant such application.


Typically, IoT tags cost $5-$10 which makes it unviable for low-priced daily products to implement.  With the low-priced Cliot, we are making IoT affordable even to daily products like a bottle of shampoo or a tube of toothpaste.


2.  The User Community:   The second layer of the Discovery solution is a community of public users, who would have our mobile application installed on their smartphones.  It works on the principle of distributed infrastructure, which is the underlying building block of a block-chain.  It harnesses the residual power and network capabilities that reside in the mobile phones of individual community members, thereby creating a global communications network.


The cornerstone of the Discovery Network is that it does not require any active effort from the community members.  It works on a passive mode, where the Cliot engages with the user’s mobile phone, through Wi-Fi and Bluetooth protocols, thereby connecting with the telecommunications network (through the cellular data network of the smartphone).  The residual application on the mobile phone and the Cliot get paired through a smart contract, thereby enabling quick transmission of small “blocks” or packets of data to be transmitted over the cellular network.


The financial compensation to the user community would be commensurate to the data prices charged by the underlying telecom network, costs of which have been on free-fall mode over the past few years.  This would render possible delivery of the service to client at exceptionally low costs compared to the currently available solutions.  .  Further, as the network is built on the base of blockchain, the data generated by the system is not only accurate and timely, but also secure and reliable, which is very critical for enterprise customers.


Since the network is crowd-sourced, the IoT tracking costs for comapnies are very low, in the order of $0.04 per product per month.  This is a 100+x savingds compared to the current network cost of $4-$5 per month per device.


3.  Data Analytics / Artificial Intelligence:  This is the third layer of the Discovery solution and converts the data collected through the network/Cliots into meaningful information.  These are a set of reports that can be customized for each client, based on their unique requirements.  This could include insights like "this WalMart outlet in 12th St Chicago is expected to run out of your stocks tomorrow - plan a refill" or "there's too much stock in the Target outlet on Washington Avenue, Seattle - plan an activity for liquidation".


These meaningful and actionable information for clients could potentiall yhlpe brands and organizations save several billions of dollars.


THE CONSUMER ANGLE


The Discovery solution is not restricted to trakcing products till the retail level.  There is also a strong consumer angle to the solution.  For instance, Amazon could track your bottle of shampoo, and understand that you're two days away from running out.  This could enable Amazon to ship you a new bottle without you breaking a sweat!


The value that this information creates to brands is tremendous, and enables them to improve customer engagement and market share!


WHERE ARE WE


We are an existing business that has been in operations for 3+ years.  With tremendous knowledge of the supply chain domain, we already track and handle more than 150 million lbs of products on an annual basis, through our network.  In essence, we are an already running solution, and moving it to the blockchain to help is scale further.

ICO Date
Start Date (Pre)
15 Jun 2018
End Date (Pre)
31 Jul 2018
Start Date
1 Aug 2018
End Date
15 Sep 2018
Token Info
Country
Symbol
DIS
Platform
Ethereum
Type
ERC20
Price in ICO
1 DIS = 0.11 USD
Bonus
A progressively declining bonus structure is being followed: For early backers / private investments in the period May 1 - June 15, 2018, deep discounts and generous bonuses can be negotiated. The following bonus structure is followed during the pre-ICO and ICO stages: June 15 - June 30, 2018: Bonus of 50% July 1 - July 14, 2018: Bonus of 40% July 15 - July 31, 2018: Bonus of 30% August 1 - August 15,, 2018: Bonus of 20% August 16 - August 31, 2018: Bonus of 10% September 1 - September 15, 2018: No Bonus
Tokens for sale
400,000,000
MVP/Prototype
None
Bounty
None
KYC
Yes
Whitelist
Yes
Investment Info
Soft cap
90,000,000 DIS
Hard cap
320,000,000 DIS
Accepting
ETH, BTC, Fiat
Distributed in ICO
40%
★DiscoveryIoT   
4.4

Revolutionising Supply Chains through Blockchain
World over, brands and companies waste more than $1 Trillion due to lack of visibility of products through their supply chains. Without this data, brands end up spending their marketing budgets in an inefficient and sub-optimal manner. Without access to real time stock and sales data, they end up with stock-out or over-stock situations, both of which are costly. The Discovery solution helps address this problem through a three-layered solution of IoT hardware (Cliot), a Community of Public Users (Distributed Infrastructure) and a Data Analytics/AI layer. Our hardware is developed at a very low cost of $0.10 a piece which makes it affordable to for low-priced daily products like shampoo bottles. The user community who have our mobile application installed on phones, act as data harvesters in the network and get rewarded for lending their cellular data network for data transmission. The data analytics layer converts this data to meaningful information for brands to action upon.

  • ABOUT
  • TEAM
  • MILESTONE

About DiscoveryIoT


EXECUTIVE SUMMARY


“All world-changing products have one thing in common – they arise as a direct consequence of convergence of multiple, individually revolutionary technologies


THE INTERNET OF THINGS


The internet permeates deep into our lives.  Everything seems to be connected to the internet in some way or the other.  Globally the IoT market is expected to reach $9 Trillion by 2020 from $3Trillion in 2014, growing at a staggering 20% CAGR.


Dubbed as part of the Industry 4.0, IoT is expected to bridge the gap between the physical and the digital world, opening up a plethora of opportunities for the industry and consumers to benefit from.  Applications of IoT are unlimited, and range from consumer electronics to life sciences, logistics to retail.  Gartner estimates that there will be about 50billion connected devices by 2020, with the spend on IoT services expected to cross $7 Trillion.


DISCOVERY


At its heart, Discovery is a blockchain solution that helps brands track their products through the supply chain.  It enables brands to udnerstand where each of their products are lying, at a unit level.  Our unique Data Analytics / AI engine converts all these data points into meaninful information, generating unique and actionable insights for brands to act upon.


There are three layers to the Discovery Solution:


1.  Cliot:  The Cliot is a uniquely identifiable self-charging printable tag would be placed on the product that is desired to be tracked.  We are developing it along the lines of a printable solution, where mass-production could take place through a decentralized infrastructure.  Each enterprise user could print their own set of tags based on a pre-defined protocol built on the lines of EAN.  Since data transfer from the tag is meant to be periodic (~100 times/day), and since the data blocks are very small (Few bytes – 1kb), battery life is expected to be long.  Moreover, the device would be self-charging, drawing power from electro-magnetic waves (cellular network / wi-fi waves).  This would make the tag long-lasting, at very low costs (~$0.05 - $0.10 per tag).  We believe this would help penetrate IoT to applications that were hitherto considered too cost conscious to warrant such application.


Typically, IoT tags cost $5-$10 which makes it unviable for low-priced daily products to implement.  With the low-priced Cliot, we are making IoT affordable even to daily products like a bottle of shampoo or a tube of toothpaste.


2.  The User Community:   The second layer of the Discovery solution is a community of public users, who would have our mobile application installed on their smartphones.  It works on the principle of distributed infrastructure, which is the underlying building block of a block-chain.  It harnesses the residual power and network capabilities that reside in the mobile phones of individual community members, thereby creating a global communications network.


The cornerstone of the Discovery Network is that it does not require any active effort from the community members.  It works on a passive mode, where the Cliot engages with the user’s mobile phone, through Wi-Fi and Bluetooth protocols, thereby connecting with the telecommunications network (through the cellular data network of the smartphone).  The residual application on the mobile phone and the Cliot get paired through a smart contract, thereby enabling quick transmission of small “blocks” or packets of data to be transmitted over the cellular network.


The financial compensation to the user community would be commensurate to the data prices charged by the underlying telecom network, costs of which have been on free-fall mode over the past few years.  This would render possible delivery of the service to client at exceptionally low costs compared to the currently available solutions.  .  Further, as the network is built on the base of blockchain, the data generated by the system is not only accurate and timely, but also secure and reliable, which is very critical for enterprise customers.


Since the network is crowd-sourced, the IoT tracking costs for comapnies are very low, in the order of $0.04 per product per month.  This is a 100+x savingds compared to the current network cost of $4-$5 per month per device.


3.  Data Analytics / Artificial Intelligence:  This is the third layer of the Discovery solution and converts the data collected through the network/Cliots into meaningful information.  These are a set of reports that can be customized for each client, based on their unique requirements.  This could include insights like "this WalMart outlet in 12th St Chicago is expected to run out of your stocks tomorrow - plan a refill" or "there's too much stock in the Target outlet on Washington Avenue, Seattle - plan an activity for liquidation".


These meaningful and actionable information for clients could potentiall yhlpe brands and organizations save several billions of dollars.


THE CONSUMER ANGLE


The Discovery solution is not restricted to trakcing products till the retail level.  There is also a strong consumer angle to the solution.  For instance, Amazon could track your bottle of shampoo, and understand that you're two days away from running out.  This could enable Amazon to ship you a new bottle without you breaking a sweat!


The value that this information creates to brands is tremendous, and enables them to improve customer engagement and market share!


WHERE ARE WE


We are an existing business that has been in operations for 3+ years.  With tremendous knowledge of the supply chain domain, we already track and handle more than 150 million lbs of products on an annual basis, through our network.  In essence, we are an already running solution, and moving it to the blockchain to help is scale further.

ICO Date
Start Date (Pre)
15 Jun 2018
End Date (Pre)
31 Jul 2018
Start Date
1 Aug 2018
End Date
15 Sep 2018
Token Info
Country
Symbol
DIS
Platform
Ethereum
Type
ERC20
Price in ICO
1 DIS = 0.11 USD
Bonus
A progressively declining bonus structure is being followed: For early backers / private investments in the period May 1 - June 15, 2018, deep discounts and generous bonuses can be negotiated. The following bonus structure is followed during the pre-ICO and ICO stages: June 15 - June 30, 2018: Bonus of 50% July 1 - July 14, 2018: Bonus of 40% July 15 - July 31, 2018: Bonus of 30% August 1 - August 15,, 2018: Bonus of 20% August 16 - August 31, 2018: Bonus of 10% September 1 - September 15, 2018: No Bonus
Tokens for sale
400,000,000
MVP/Prototype
None
Bounty
None
KYC
Yes
Whitelist
Yes
Investment Info
Soft cap
90,000,000 DIS
Hard cap
320,000,000 DIS
Accepting
ETH, BTC, Fiat
Distributed in ICO
40%