Observer ICO (OBSR)
Blockchain based weather data trading platform
The platform has been developed to serve various business sectors via reduction of cost, boosting of outcome, and maximizing safety. The business sectors include travel, airlines, power generation, agriculture, leisure, financial investment, insurance, and many more.
Start Date
11 Jun, 2018
End Date
30 Jul, 2018
Observer Use of Token
OBSR is Observer's native token. OBSR is an Ethereum based ERC20 token. There will be a total of 10 billion OBSR tokens. 40% of the total token supply will be distributed via the pre-sale and public sale, 40% will be allocated to the mining pool, 7% will be awarded to the project's team and advisors, 5% will be reserved for marketing and promotion, 5% will be allocated to the bounty program, and 3% will be used for legal and compliance issues. OBSR is a utility coin that incentivizes weather data trading via a crowd-sourced setting. Users can earn OBSR tokens by submitting their personal weather observations, including air temperature, relative humidity, pressure, and fine dust concentrations to the OBSERVER FOUNDATION. Whenever observations are submitted successfully, the details are saved via a royalty token, known as ROT, and the user submitting the data earns OBSR tokens as a reward. All observations are subjected to quality control by professional meteorological experts and managed using big data technological approaches.
Organization
Observer
Platform
Ethereum
Coin type
Currency
Category
Science
Soft cap
4,000 ETH
Max cap
40,000 ETH
Max supply
10,000,000,000 OBSR
Price
0.00001 ETH
Observer Token Sale Stages
- Stage
- Start date
- End date
- Amount of Tokens
- Price
- Discount
Observer Distribution
Observer Use of Proceeds
Observer Team Members
Observer Past Events
- 31 May, 2019
Distribution of business note and technical note, Development of OBSERVER App (beta version) for smartphones
- 31 May, 2019
Development of OBSERVER mini weather station (prototype)
- 30 June, 2019
Release of OBSERVER e-wallet, OBSR Pre-sale
- 31 July, 2019
OBSR Public sale, Development of OBSERVER App (beta version) for automobiles
- 31 August, 2019
Installation of OBSERVER FOUNDATION servers (beta version)
- 30 September, 2019
Development of quality control algorithms for real-time observations, Release of official OBSERVER App for smartphones & automobiles
- 31 October, 2019
OBSERVER mini weather station beta test, OBSERVER test operation, Listing of OBSR on the major cryptocurrency exchanges
- 31 December, 2019
Release of OBSERVER mini weather station, Official launch of OBSERVER
- 31 March, 2019
USA, China, Europe office open
- 30 June, 2019
Southeast Asia office open