What Is Robotina (ROX)?
The Robotina (ROX) platform offers a high-tech solution that consists of connected Internet of Things (IoT) elements and the Power Platform. IoT is the intelligent-connected devices provided with unique identifiers and transfer data without human to human or human to computer interaction. According to its whitepaper, the platform uses Smart Rules, Artificial Intelligence (AI), and Blockchain technologies. The platform believes in reducing and shifting the consumption of electrical energy. The platform and connected IoT seek to execute thousands of calculations per second. Each calculation aims to result in a small benefit and a small slice of revenue, accumulating every second; this becomes the driving force of the business. AI, machine learning, and blockchain technology allow the platform to disrupt the electricity market and implement a collaborative sharing economy business model, distributing numerous benefits to the participating users. However, the community member seeks to enjoy a dramatic reduction in their overall energy costs. The members can gain control and boost their safety and security. Users can contribute and earn to their community's benefits and increase their responsibility towards nature and future generations. Robotina has implemented an additional feature, the Robotina Utility Token (ROX), for the ecosystem's transparency, traceability, and safety. By connecting to the platform, users can save energy, money, and planet in such ways:
Users are given the energy management system (EMS) Hardware device. This smart IoT device senses the energy consumption, storage, production, and behavior of users' electrical appliances.
Users can save up to 30 percent on electricity bills by connecting to the ROX Universe platform. Using AI, the platform operates users' electric devices to switch them on when the cost of electricity is low and turns them off when electricity is expensive.
The platform collects anonymous energy data 24/7. AI on the platform processes and collects the data sent by the EMS device to identify the historical data patterns.
Users make additional savings based on collaboration, and the community benefits from all transactions on the Robotina platform.
Besides saving on energy and money, users can earn ROX tokens. ROX is used in all transactions taking place within the platform.
ROX is an ERC-20 standard-compliant Ethereum token that secures a 3 percent discount in the Robotina platform marketplace. ROX has a one-time issuance model. On transactions, a relatively small amount of ROX token seeks to be deducted from the transaction's sender. Members of the platform can get ROX tokens:
As a community reward for active participation
As a result of business activity on the Robotina platform
Due to Energy Service company crowd funding
History of Robotina (ROX)
The CEO of Robotina (ROX) is David Palcic. The ICO was planned for March 21, 2018. The Initial Coin Offering (ICO) helped raise funds for a new cryptocurrency offering.