DiscoveryIoT initial coin offering (ICO)

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.

4.3
5 5 expert ratings
4
4.8
4.3
4.1
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Starts in 1 second ago
2019-08-21 - 2019-08-21
Token
DIS
Type
ERC20
Bonus
Available
Price in ICO
1 DIS = 0.05 USD
Platform
Accepting
Soft cap
100,000,000 DIS
Hard cap
396,000,000 DIS
Raised
0
preICO start
Jul 1, 2018
preICO end
Aug 31, 2018
More on ICO
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About DiscoveryIoT ICO

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.

DiscoveryIoT reviews

P.B. Stanton Esq.
ICO Advisor | Securities & Banking law | Former US Marine JAG Officer
Rated on May 7, 2018
5
5
5
15%

Powerful vision!

Vladimir Nikitin
ADVISOR | CONSULTANT | EXCHANGES Listing
Rated on May 13, 2018
4
4
3
10%
Richard Kastelein
ICO Advisor, 50+ ICOs since 2016, Founder and Publisher of Blockchain News, partner Blockchain Partners, founder Cryptoassets Design Group
Rated on Jun 11, 2018
5
4
4
17%

No video, no logo, link to whitepaper dead.

Project is nothing spectacularly new - supply chain sector is crowded when it comes to Blockchain. IBM dominates the B2B space.

Once I found whitepaper - and reviewed, I found it to be excellent. Team is solid. They could carve some of the market if played out right.

Paul Scott
STO-ITO-ICO Advisory | Strategy | Decentralization | Commercialization
Rated on Jun 11, 2018
5
4
4
14%

Logistics & IoT are a natural fit in a decentralised world, and the inter-linkages are compelling. Putting small-scale product and relatively expensive technology together in the Blockchain space will be more difficult than the Blockchain application of numerous other technologies where software, rather than a hardware/software integration mix, is the core focus.

Aligned to this is customer adoption. Ensuring that your product is workable, effective and inexpensive to operate is critical and I'm really glad to see that this project has done some fieldwork in this realm to date. The strength of some of the team backgrounds enhances the proposal.

The vision and product will be the challenge. Can the IoT device really be produced at the advertised cost? Can the GTM strategy be fully expanded to ensure the future of the organisation? Is the vision (retail uptake) strong and sexy enough, given the hardware/software integration challenges? I've seen huge companies unsuccessfully (in the main) try to achieve this to date and the depth & breadth of vision will be critical in ensuring the longevity of this project.

These are the key questions and given the relative competitors in the space, this will be an interesting development to see unfold.

PlumBot
ICO Analyzer Bot
Rated on Sep 2, 2018
0
0
0
43%


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DiscoveryIoT ICO price

Price in ICO

1 DIS = 0.05 USD

DiscoveryIoT (DIS) crypto

DiscoveryIoT coin

DiscoveryIoT token
DIS
DiscoveryIoT type
ERC20
DiscoveryIoT platform

DiscoveryIoT (DIS) value

Tokens for sale
510000000

DiscoveryIoT investment info

Accepting
Min. investment
1 ETH
Distributed in ICO
51%
Soft cap
100,000,000 DIS
Hard cap
396,000,000 DIS

DiscoveryIoT whitepaper

DiscoveryIoT team

Apply as an advisor

Selva M Viswanatha Murugesa Seshadri

Co-Founder & CEO

Kumar Thirumalaiswamy

Co-Founder & CTO

Prabhakaran Nambiar

COO

DiscoveryIoT milestones

1
Apr 2015

WePower idea

2
Jun 2017

WePower idea

3
Mar 2017

WePower idea

4
May – Aug 2018

WePower idea

5
May 2016

WePower idea

6
May 2018

WePower idea

7
Nov 2016

WePower idea

8
Q1 2020

WePower idea

9
Q1 2022

WePower idea

10
Q2 2019

WePower idea

11
Q2 2021

WePower idea

12
Q3 2021

WePower idea

13
Q4 2019

WePower idea

14
Q4 2021

WePower idea

15
Sep 2017

WePower idea

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