Hurify-The Revolutionize Player When It comes to IoT
Have you known a revolutionary game changer that relates to IoT? This is about it. A blockchain project aimed at accelerating the connectivity of people and things is connecting visionary IoT projects to talented developers. Hurify the decentralized blockchain platform challenging IOTA and dirsupting the IoT marketplace has secured an exchange listing agreement with Nebula prior to their ICO sale that begins on February 1 2018. The Ex-Intel, CEO Chandramouli Srinivasan is a successful entrepreneur having founded Mobodexter and continuing to serve as CEO. Mobodexter is driving innovation in IoT Edge, Drone & Blockchain software. Mouli brings 18+ years of experience in product engineering at HP & Intel. He holds multiple patents and research publications. The Hurify platform is an Ethereum based decentralized platform that facilitates IoT Developers to monetize their IoT hardware resources and services via Smart Contracts. Hurify is powered by Ethereum ERC20 standard HUR Tokens. The vision of Hurify is to create a decentralized blockchain economy that disrupts existing models in internet of things to make technology accessible to everyone.
The ICO is currently running a telegram referral program that you can access here to get 50 HUR which is approximately $10 USD per referral. They are also offering 20% bonus for early investors to the token sale. Hurify Inc., incorporated in Halifax, Canada has launched Hurify Blockchain Platform and ICO to create a first of its kind IoT Services Marketplace over Ethereum Blockchain. Hurify Blockchain Platform is an IoT Services Marketplace that offers a Smart Contract driven IoT Service Monetization model that is disrupting the traditional IoT services model prevalent today. A market study by Market and Market puts the IOT professional services market at a size of USD 75 Billion in 2017 that is slated to grow to USD 160 Billion by 2021 at 22.6 CAGR dominated by the Global IT Services companies. Mouli Srini, Co-founder, and CEO of Hurify says “The fundamental difference between traditional accredited investors in companies, versus ICO/Tokensale participants is that the latter not only commit funds but also become an active part of the company’s network effects — creating value for the company in perpetuity. We also believe Hurify blockchain platform will disrupt existing service models blocking the real scale of IoT.” But beyond that, the team is hoping that it can kick start a new kind of approach for working with their developers who also build apps and services on top of its Paasmer platform, which already has a developer community across the globe. The company already has good strategic partners like Stewart Mckelvey: Legal advisory firm; TokenLot: TokenSale partner; DroneThinkDo: Drone Consortium, H3Buildings: Smart City Developer. Minimum Viable Product of the platform is already under Beta testing on Ethereum Test net. The company plans to open the platform to developers and SMEs across the globe by invitation from January next year. The team hopes to have a development community on the platform that can be rewarded appropriately for building unique applications in IOT that are not made today due to cost and resource constraints. To do that, the Tokensale will see the company create HUR Utility Tokens, Ethereum Token like bitcoin currency, which will serve their ecosystem. The company plans to create about 260 Million HUR Tokens for its ICO. 3% of their Tokens will be available as pre-sale to early adopters of their platform. 77% of HUR Tokens will be available for the Tokensale planned early next year with another 20% of the Tokens will be used for platform promotions. The company has started accepting applications for Pre-sale Token purchase from Developers and SME.
Mouli Srini adds “Blockchain is like the Internet in the 90s. At that time, there was a lot of hype, excitement, money but also many great internet the companies of today were born. The blockchain is going to disrupt every basic operational model like the Internet today. We are glad that we are getting into this technology early as we aspire to be a great Blockchain IOT company that creates true value for our community. Our vision is to enable a Blockchain economy for the future smart cities allowing all services accessible via our HUR Tokens.” Hurify Inc. is a corporation incorporated in 2017 in Halifax, Canada with operations in Seattle, United States and Bangalore, India. Ex-Intel veterans Mouli Srini & Kavitha Gopalan, who also Co founded Mobodexter Inc., Co-founded Hurify earlier this year. Hurify is a startup in Blockchain technology space that is has been working on Hurify Platform that is disrupting the USD 70 Billion IOT Services Marketplace. The company has a Beta version of the platform and is planning to announce General Availability early 2018 for the IOT Developers and SMEs. it’s not easy to figure out right option that truly lives up to the potential, but now there will be something that will truly be on the mark when it comes to your expectations.
Hurify and IoT
Hurify is revolutionizing IoT and making sure everyone gets equal rewards. It’s an Ethereum based decentralized platform that facilitates IoT Developers to monetize their IoT hardware resources and services via Smart Contracts, it includes Distributed remote hardware for product development usage and Skilled & Highly trained IoT engineering talent for building products and technologies. Hurify is powered by Ethereum ERC20 standard HUR Tokens with aim to build decentralized bockchain solutions that creates a win/win solution for all users, developers and partners by being Customer-Focused, Innovative and Quality-Driven! One of Mobodexter’s competitors Ayla Networks (who are Edge Centered IoT platform) raised $60 Million in Series D at an estimated valuation of about approximately $250 to $300 Million from Institutional investors. This pegs their valuation at 35 times of their current revenue base. One of Mobodexter’s lead investors said to me “Mobodexter is probably undervalued”. I said, “Probably yes as we are at 20X of our revenue base”. We want to make the valuation realistic for everyone who wants to invest in our company until the end of this year. With a guaranteed revenue contract for 100 Million, our revenue trajectory is going to be looking better than our competitor Ayla Networks or FogHorn systems based out of the Silicon Valley. Neither of them will have the software capabilities Mobodexter will be rolling out in Jan 2018 Release of Passmer 2.0 which will have industry’s first Mico-Services based software for the Edge based on our IP. Micro-Services software approach gives extremely flexibility to our clients from usability and billing standpoint much like how it is done in IoT cloud software today.
We strongly believe in the fact that connected devices go beyond IoT into robotics, drones, and blockchain as there can be no future smart city without integration capability for all support capabilities under one platform. Also, usage of a platform can be in any domain beyond the realm of IoT today and we encourage our Paasmer the development community to think beyond the obvious use cases of today. One integrated use case envisioned is in the arena of Healthcare where sensors track vitals of a patient, a robot helps the patient as an attendant and a medical drone can deliver medical supplies in the emergency situations triggered by the sensors or the robot. Mobodexter is positioning to be the only player in the market who can deliver this kind of solution.
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