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OBSERVER
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OBSERVER logo OBSERVER ICO Review | |
| OBSERVER ICO | |
| Ticker: | OBSR |
| ICO start: | 2018-07-09 10:00:00 |
| ICO end: | 2018-07-30 10:00:00 |
| Price: | 1 OBSR = 0.00001 ETH |
| Bonus: | 1 |
| Tokens: | 4 OBSR |
| Tokentype: | ERC20 |
| Softcap: | 4,000ETH |
| Platform: | Ethereum |
| Distributed: | 40% |
| Minimum: | 1 ETH |
| Accepting: | BTC, ETH |
OBSR (OBSERVER Coin) is a utility coin that promotes crowd-sourced weather data trading. Individuals earn OBSR by sending personal weather observations, such as air temperature, pressure, humidity, and fine dust concentrations, to the OBSERVER FOUNDATION. Whenever observations are successfully performed, the details are recorded in a royalty token, ROT, and the data provider receives OBSR as compensation. All observations are subject to quality control by meteorological experts and managed through big data technology. Data buyers can purchase OBSR from the cryptocurrency exchanges for weather data and acquire data through the OBSERVER FOUNDATION.
Description
Key Concept
OBSERVER is an innovative platform where individuals and private firms trade daily weather data. Anyone in the world can trade weather data that is collected by smartphones, mini weather stations, or automobiles, and receive OBSERVER coins as compensation. The quality of the collected data is verified through big data technology, and the details are recorded in blockchain. This allows OBSERVER to create high-resolution weather data that has never been available before.
Weather Industry
The weather market, which has been dominated by public ser vices, is rapidly growing in size. The portion of the US GDP that is affected by weather events is estimated to be $1,334 billion annually, and the economic value of weather information is estimated to be at roughly $13 billion (NWS Enterprise Analysis Report 2017). The total private weather industry revenue of 2015 is estimated to be $4-5 billion, with a service provider revenue estimated at $2.5 billion (AMS 2012, State of the Weather and Climate Enterprise). The annual budget of the US National Weather Service is in the range of a billion dollars, and the aggregated amount of weather-related budgets for countries that operate weather observation networks is estimated to be at several billion dollars.
Considering the recent M&A of major weather companies, the capitalization of the private weather industry is estimated to be above $9 billion and is growing at a rate of 10 to 15 percent annually (University Corporation for Atmospheric Research).
Roadmap
| “ | May 2018: Distribution of business note and technical note. May 2018: Development of OBSERVER App (beta version) for smartphones. May 2018: Development of OBSERVER mini weather station (prototype). Jun. 2018: Release of OBSERVER e-wallet. Jun. 2018: OBSR Pre-sale. Jul. 2018: OBSR Public sale. Development of OBSERVER App (beta version) for automobiles. Aug. 2018: Installation of OBSERVER FOUNDATION servers (beta version). Sep. 2018: Development of quality control algorithms for real-time observations. Release of official OBSERVER App for smartphones & automobiles . Oct. 2018: OBSERVER mini weather station beta test. OBSERVER test operation. Listing of OBSR on the major cryptocurrency exchanges. Dec. 2018: Release of OBSERVER mini weather station. Official launch of OBSERVER.[1] | ” |
Team
| name: | title: | links: | group: | photo: | iss: |
|---|---|---|---|---|---|
| Sejin Kim | Co-founder, IT specialist | Sejin Kim photo | 2.8 | ||
| Taeil Cho | Co-founder, Business developer | Taeil Cho photo | 2.8 | ||
| Ki-Young Kim | Co-founder, Meteorological Specialist | Ki-Young Kim photo | 2.8 | ||
| Chang-Bae Lee | Meteorological Specialist | Chang-Bae Lee photo | 2.8 | ||
| Geun-Hye Kim | Contents Specialist | Geun-Hye Kim photo | 2.8 | ||
| Seok Joon Cho | Main Advisor | Advisor | Seok Joon Cho photo | 2.8 | |
| Michael Stockford | Advisor | Michael Stockford photo | 2.8 | ||
| Alanoud Faisal | Advisor | Alanoud Faisal photo | 2.8 | ||
| Koichiro Ichimura | Advisor | Koichiro Ichimura photo | 2.8 | ||
| Jong Eup Ahn | Advisor | Jong Eup Ahn photo | 2.8 | ||
| Qiao Jin | Advisor | Qiao Jin photo | 2.8 | ||
| Hyo-Hyuc Lim | Advisor | Hyo-Hyuc Lim photo | 2.8 | ||
| Seung-Gu Yang | Advisor | Seung-Gu Yang photo | 2.8 | ||
| Benjamin Hyo-Geon Oh | Advisor | Benjamin Hyo-Geon Oh photo | 2.8 | ||
| Joon-Ho Kim | Advisor | Joon-Ho Kim photo | 2.8 | ||
| Hak-Jun Kim | Advisor | Hak-Jun Kim photo | 2.8 | ||
| Jin-il Yang | Advisor | Jin-il Yang photo | 2.8 |
External links
OBSERVER on Twitter
OBSERVER on Facebook
OBSERVER on Medium
OBSERVER on Reddit
OBSERVER on Youtube
OBSERVER Official Website
OBSERVER Whitepaper
