ICO Hunt: Blockcloud

ICO Dates: Starts September 2018

Token Value: 1 BLOC = 0.0100 USD

Summary: A Blockchain-based advanced TCP/IP Architecture Providing Constant Connectivity for Dynamic Networks.

Key Numbers: Team with 10 Years Experience in the IoT Industry, 8 million+ devices connected in areas of Internet of Vehicles, Smart Healthcare, Smart Homes, etc.

Market Cap: $80 Million

Current Solutions: IoTA uses a tangle methodology, similar to Quantum computing. This is good for complex computation.

Their Solution: Proof of service: The whole network has to contribute resources, including storage, computation, bandwidth, routing and data. The white paper explains how this is verified and incentivised.

Business Model: ICO, Transactions

Growth Strategy: Developer community, IoT Chip enterprise partners​, roadshow

Team: Leadership team of published researchers, PHDs, Scientists

Financials:
Mining: 30%
Team 10%
Early Contributor incentive: 10%
Private sale: 15%Foundation 30%

Competition: IoTA, IoTW

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