IOTW

company

About

Transform any IoT/App business with a cost-effective big data cloud hosting and IoT platform

Details

Last Funding Type
Pre-seed
Industries
Big Data,Blockchain,Cloud Data Services,Cloud Infrastructure,Cryptocurrency,Information Technology,Internet,Internet of Things,Mining Technology
Founded date
Jan 1, 2017
Number Of Employee
11 - 50
Operating Status
Active
Legal Name
AnApp Blockchain Technologies Limited
Also Known As
IOTW Cloud Hosting IoT Platform,IOTW Cloud,IOTW Platform

IOTW, a Big Data unifying system built on a native blockchain using Proof of Assignment (PoA) protocol, makes accessing data from a cross-section of IoT devices and applications simple and efficient.

Its IoT Blockchain infrastructure uses PoA to connect all IoT devices globally, create passive income in the form of micro-mining, and allow for the development of decentralized applications on IoT devices.

It is is a fair game for all IoT devices. Every device has an equal chance to get rewards. Mining rewards do not depend on computational power or how many coins you already own. Since each device has an equal chance, the more devices you have, the more rewards you get. So far most of the other IoT projects are not deployable in large quantities because of their demand for high computational power and high costs. But the IOTW blockchain software doesn’t need additional hardware, nor do we consume a lot of power. And it can run on very simple IoT devices, so IOTW is the true blockchain technology that can be deployed and adopted by the mass IoT market.

Its mission is to establish a data ecosystem for IoT devices based on blockchain, enabling the direct exchange of big data between consumers and manufacturers to ultimately improve people’s lives.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
IOTW has raised a total of — in funding over 2 rounds. Their latest funding was raised on Mar 24, 2018 from a Pre-seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Mar 24, 2018 Pre-seed 1 G2H2 Capital Detail

Investors

Number of Lead Investors
Number of Investors
1
1
IOTW is funded by 1 investors. G2H2 Capital are the most recent investors.
Investor Name Lead Investor Funding Round
G2H2 Capital Yes Pre-seed

Employee Profiles

Number of Employee Profiles
7
IOTW has 7 current employee profiles, including Employee Robert Neivert
Employee
Advisor
Advisor
Executive