Photo - Powering IoT & M2M Economy
34756

Powering IoT & M2M Economy

Costa Rica
Market: Production, Telecommunications, Electronics
Stage of the project: Idea or something is already done

Date of last change: 01/16/2019
Min investment
$  7.500.000
Total required
$ 150.000.000
Rating
equalizer 101 from 1000
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Idea

Wise is an innovative developer of analog-mixed-signal, system-on-a-chip who created an eco-system that enables a universe of applications on IoT and mobile devices using distributed ledger technology while backed by integrated-circuit-product-development

Current Status

Idea and concept of Enigma Chip

Problem or Opportunity

Wise Secure Memory Chip
Wise Secure Memory Chip, is an innovative development of analog-mixed-signal system-on-a-chip (AMS-SoC) integrated circuit that empowers IoT and mobile networks through a 13 nanometer IC introducing a practical new concept, radio based IoT mesh networking.

Solution (product or service)

Transportation
In a Smart City a digitally enabled Car or Truck can:

Find a Parking Spot quickly using automated payment swiftly, and causing savings as you pay what you use. Tolls Would also be in the same category and ease of service.

Supply Chain Logistics
Supply Chain Logistics can remove intermediaries becoming more effective and saving resources.

A regular Container requires:

Manufacturing
QA
Tracking
Customs
Paperwork
This requirements would be removed enabling M2M connections.

Enabling Data Markets
The case of the Data Silos.

The data markets are enabled by holding 2 propositions as true:

Any IoT device has data that is useful for someone
You can trust the data (ledger technology - trustless)
For example a farmer can access data in the Data Market about:

Sensors Monitor Climate Conditions
GreenHouse automations that adjust conditions to given parameters
Crop Management
Animal Monitoring
GreenHouse automations that adjust conditions to given parameters
The farmer can use this data to improve his setup or sell his own operation data in the market.

Competitors

Enigma chip is unique concept

Advantages or differentiators

1/2 billion transistors allocated in a space of 13 nano-meters. Easily embedded in any device.

Energy Efficient
Able to be powered for two months with just a couple of AAA batteries.
Low Latency
An AI engine in combination with a Quantum Consensus Algorithm enables High Transaction Throughput easily surpassing 5000 Transactions per Second.

Money will be spent on

Technology - Infrastructure & design
10.4%
Research and development
17.33%
Initial batch manufacturing costs
30.69%
ITO listing on Exchanges
7.8%
Support reserve
3.17%
Marketing plan
13.92%
Microchip development expense
16.69%

Company Registration

Costa Rica
Reinier AG

The size of issue

35000000 WSE

Pricing

ICO Price per token 1 WSE = $10 USD
Pre-ICO Price per token 1 WSE = $3 USD

Type of Token

Security

Token Distribution

Sale Round
35%
Airdropped to Public (Bonus)
5%
Advisors
3.5%
Team
6.5%
Business Functions (Apps, Tools)
30%
Token Reserve (Future business)
20%

Technical Info

Wise Secure Memory Chip
Wise Secure Memory Chip, is an innovative development of analog-mixed-signal system-on-a-chip (AMS-SoC) integrated circuit that empowers IoT and mobile networks through a 13 nanometer IC introducing a practical new concept, radio based IoT mesh networking.

Currencies

Fiat, BTC, ETH

KYC

yes

Regulatory Permissions

This investment is not open to USA, Nicaragua, Venezuela, Bahamas, Botswana, Democratic People's Republic of Korea, Ethiopia, Ghana, Iran, Pakistan, Serbia, Sri Lanka, Syria, Trinidad and Tobago, Tunisia and Yemen investors.

Product Video

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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Advisors
Pre-ico investors
Company Registration
The size of issue
Pricing
Secondary Circulation
Type of Token
Token Distribution
Management Structure
Risks
Bounty Programm
Technical Info
Security
Currencies
KYC
Rights
Regulatory Permissions
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Product Video