OBSERVER ICO (OBSR)

Weather Meets BlockChain Observer


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.

Big Data Platform
3.0

by expert rating and reviews


3.0
ICO PROFILE
TEAM
VISION
PRODUCT
13 days left
Token OBSR
Platform Ethereum
Price 1 OBSR = 0.00001 ETH
ICO Start Date 09 Jul 2018
ICO End Date 30 Jul 2018
PreICO Start Date 11 Jun 2018
PreICO End Date 02 Jul 2018

About OBSERVER

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).

Team

Milestones

  • 1

    May 2018

    Distribution of
    business note and technical note.

  • 2

    May 2018

    Development of OBSERVER App
    (beta version)
    for smartphones.

  • 3

    May 2018

    Development of OBSERVER
    mini weather station (prototype).

  • 4

    Jun. 2018

    Release of
    OBSERVER e-wallet.

  • 5

    Jun. 2018

    OBSR Pre-sale.

  • 6

    Jul. 2018

    OBSR Public sale. Development of OBSERVER App
    (beta version)
    for automobiles.

  • 7

    Aug. 2018

    Installation of OBSERVER FOUNDATION servers
    (beta version).

  • 8

    Sep. 2018

    Development of quality control algorithms
    for real-time observations. Release of official OBSERVER App for smartphones & automobiles
    .

  • 9

    Oct. 2018

    OBSERVER
    mini weather station
    beta test. OBSERVER
    test operation. Listing of OBSR
    on the major cryptocurrency exchanges.

  • 10

    Dec. 2018

    Release of
    OBSERVER
    mini weather station. Official launch of OBSERVER.

Financial

Token Sale Info
Token OBSR
Token Type ERC20
Platform Ethereum
Price in ICO 1 OBSR = 0.00001 ETH
Tokens for Sale 4000000000
Investment info
Accepting BTC, ETH
Distributed in ICO 40%
Soft cap 4,000ETH

Others in "ACTIVE ICO"