Observer ICO (OBSR)

Blockchain based weather data trading platform

Observer is an innovative blockchain based platform for trading daily weather data. Observer utilizes the blockchain technology to maximize transparency in data management, boost convenience in data trading, and promote efficient compensation of weather data providers. The platform sets the stage for individuals and private entities to submit their own weather observations from any country in the world at a timely basis and record the data onto the 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
    • Pre-Sale stage 1
    • 11 June, 2019
    • 02 July, 2019
    • No limit
    • 0.00001
    • Claim
    • Pre-Sale stage 2
    • 09 July, 2019
    • 30 July, 2019
    • No limit
    • 0.00001
    • Claim

Observer Distribution

Observer Use of Proceeds

Observer Team Members

  • Sejin Kim
    Sejin Kim Co-founder, IT specialist
  • Taeil Cho
    Taeil Cho Co-founder, Business developer
  • Ki-Young Kim
    Ki-Young Kim Co-founder, Meteorological Specialist
  • Jaehyung Cho
    Jaehyung Cho Project Manager

Observer Advisors

  • Peter Nesden
    Peter Nesden Adviser
  • Koichiro Ichimura
    Koichiro Ichimura Advisor

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