Robotina ICO Review: What are they trying to achieve & their competition
This article is a continuation of my previous review article. If you want to read check in my blog http://steemit.com/@nozokiumi.
Being able to double or even triple your investment is arguably the most important thing to an investor, trader, or crypto enthusiast. I mean, nobody wants to lose money. But let’s be real, with thousands of projects and ICOs to select from and a handful being launched monthly, it can become rather difficult to differentiate between hyped projects and those with real substance.
Robotina is one of those projects we shall be reviewing. Is this project really what it? What problem are they trying to solve? How about their competition; can be outsmart or out-innovate them?
Let’s have a look…
A quick excerpt from their whitepaper says this
Our main expertise is the optimization of smart electrical grids. We envision the future based on the products and solutions, developed by our key experts, who are members of two research and development (R&D) teams, one of them registered as an institute.
In plain language, Robotina is trying to solve some of the problems of using electricity – increased electricity prices (usually as demand increases), unstable electrical networks, and negative effects to our planet from trying to get more, when in fact we have not optimized what we already have.
Do you know that you sometimes pay up to 30% more for electricity when you forget to turn off your devices or use them at peak hours? Robotina combines Artificial Intelligence (AI), Internet of Things (IoT), and Blockchain technologies to help solve this problem, thereby, lowering the overall cost of electricity.
Interestingly, Robotina already have working products, with proven results. Their Cybro I, II, and III are IoT programmable controllers which are able to monitor and control household devices. In addition to this, they have a SMIP Cloud platform where the Cybro can operate in a secured manner.
One of the differentiating factor between Robotina and their competitors is the fact that they have been around long enough. Most of these upcoming ICOs have really nothing to lose – a bunch of guys with little experience and a supposed novel idea hoping to change the world. But it doesn’t always work that way. Robotina as a company has been around since 1990, have an experienced in-house team of engineers and technicians, and a proven track record of success. This project has been deployed in 25 countries, with 1 million connected points worldwide, a feat that no other ICO or project in the same category can boast of.
Power Ledger and WePower are both competitors of Robotina. The comparison below highlights some other differentiating factors between Robotina and these projects.
Robotina
1. Around Since 1990
2. Already has a product
3. Using 3 Technologies IoT, AI, Blockchain
4. Their Optimization Up to 4TWh
5. Smart grid : Yes
6. Patents : Yes
7. Concept : IoT management and control of energy challenges
Power Ledger
1. Around Since 2016
2. Their product still under development
3. Using 1 only Technology that is Blockchain
4. Their Optimization only 0.5TWh
5. Smart grid : No
6. Patents : No
7. Concept : Inter operable energy trading
WePower
1. Around Since 2017
2. Their product still under development
3. Using 1 only Technology that is Blockchain
4. Their Optimization only Limited to P2P
5. Smart grid : No
6. Patents : No
7. Concept : Renewable projects
With these, it is obvious that Robotina appears to be a good investment with long-term viability.
Visit their website to join their ICO.
For frequent update of Robotina ICO you can follow their Twitter or Facebook Page. If you already join the ICO and want get additional ROX you can join their bounty campaign in Bitcointalk.