Business model Business model

Our approach is to create a unified IoT network and public database of smart devices with the provision of their data in the machine-readable format. This enables automated collection and processing of all kinds of statistics, which will be used to develop data-driven services and business decisions. It is hard to overestimate the value of such combined big data of millions and soon trillions of devices for developers, business, smart cities, owners of smart stores/offices/homes, etc. where every new smart device add synergy.



The business model is similar to other social media platforms like LinkedIn or Facebook. It relies on the sale of premium accounts with an access to advanced features, tools and statistics, on receiving a percentage of sold data, 3rd party services and payments between IoT devices. Highly targeted ads and promotion services also will be a source of income.