MyBit Platform Functionality
The MyBit platform is coming. For the first time ever, Investors will have access to investing in IoT assets using the blockchain. With the amount of revenue projected to be generated by these devices, MyBit is set to transform investing. The possibilities are endless, but here are three examples of investment opportunities being made available through the MyBit platform.
Solar
In a time where fossil fuel is being recognised as no longer sustainable, the efficiency of solar technology is reaching new highs. With the demand for electricity projected to triple in the machine economy, a new form of energy is needed to meet global demand. By recently becoming the most cost-effective way of generating energy in some parts of the world, solar energy has become a new investor ready commodity. It will shift potentially billions of dollars in revenue out of the traditional energy sector, directly into the hands of solar investors. MyBit dissolves both financial barriers and international borders, allowing people to invest in solar technology in the locations that generate the best returns for solar investment, returning revenue back to investors automatically through the MyBit network.
Autonomous vehicles
The time is coming for self-driving autos. For those who don’t know, they are primed to replace the workforce in the worlds single largest employment industry –transport & logistics. This is a lot of money that will no longer be paid out in wages, instead the revenue will go to those who own the autonomous vehicles. This creates a huge opportunity for investment, and the MyBit platform will facilitate investment in these vehicles with no entry barrier. Investors can participate in creating crowdfunded autonomous fleets which return the revenue they generate back to shareholders through the MyBit network.
Smart real estate
Real estate is widely regarded as a great investment, but it isn’t without its drawbacks. The barrier to entry is big. Even if you can enter the market, buying a whole investment property is a heavy commitment. Mortgage rates take a large portion of the investment over time, and you can’t even diversify within the property market without millions of dollars of capital.
However, if people don’t invest in property, they get stuck on the wrong side of a growing market. This results in huge portions of their net lifetime earnings being drained away to pay rent with no investment value in return. MyBit transforms real-estate by introducing a fractionalized ownership model to investing. This removes barrier to entry and gives investors the flexibility to choose how much investment depth they want in a property. Ownership is registered on the blockchain and rental income is distributed via the MyBit network. “Slocks” (smart locks from Slock.it) allow for physical management of the properties via smart contracts, drastically reducing fee’s and maximizing rental income for investors.
Liquidity
For every asset that is funded using the MyBit platform, investors are issued with a liquid ownership stake. This represents the fraction of an asset an investor owns and the rights to its associated revenue stream. Ownership stakes will be able to be traded on an open market, creating liquidity of the asset and providing a new level of flexibility to investors.
That’s just the beginning
These are just three examples of the opportunities the MyBit platform will provide for investors. Other verticals such as 3D printers, autonomous production robots, delivery drones, Bitcoin ATM’s, autonomous robotic surgeons as well as many more revenue generating machines will be open for investment though the MyBit platform. With the exponential increase in automated technology and MyBit’s decentralized IoT investment model- Mybit is transforming investing.
Wow, thanks a lot for sharing the fruit of your new project, it is an initiative that will makes big ripples I believe.
Namaste :)
I also thanksfull to @mybit and you @eric-boucher for your good Comments and good combination 👍👌
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Already an investor and looking forward to the platform