Why Robotina Vesting the ROX

We’ve recognized the problems that vesting can solve, and we’re choosing to approach it in ways that makes sense in the context of ROX community development.

The Robotina having vesting on the team’s tokens to:

Incentivize the Robotina team to work hard and build a ROX ecosystem that will increase the utility and worldwide adoption of ROX tokens, and

to prevent Robotina team from selling off their tokens before ROX community gets benefits from energy efficiency.

Team Incentivization

There are three reasons supporters will trust that we’ll continue to work on the project after we’ve been funded:

We’ve already done a lot of work. The amount of work we’ve already put into the developing the IoT Platform and HEMS is beyond imagination, and the fact that Robotina been present on market form more than 28 years is a good indication that we’ll stay focused to the project development and execution of road map. Our GOFLEX consurtium and Europen Commision holds us accountable to deliver the Hardware and software for Energy Management System of GOFLEX sites. Our HEMS products will be installed at three different GOFLEX sites (Germany, Cyprus and Switzerland) which will bring their specific energy management conditions. To do this, we’ll need to keep working on the project after the crowdsale has completed. For everyone on the team, IoT Platform and ROX community development is a passion project. We’re passionate about progressing towards the deeper goals of the the project — increasing the collective awareness for responsible use of electricity, decrease the electricity wastage and provide healthier, more vibrant future in every way. There are people in the Robotina team who have been working on tech development for energy efficient buildings for over ten years, and those people aren’t prepared to stop because they suddenly have funding for acceleration towards these goals.

Let’s take a look at what prevents the team from simply dumping tokens to make a quick buck after the ICO ends.

“No Sell Off” Policy

Vesting timeline matches up with our platform development timeline. The Team tokens have altogether a 16 months vesting period which means that there simply won’t be a massive token holdings that the team even could sell off at once. It is possible that members of the team will sell some of their tokens to pay the bills but this is mostly unlikely because it’s likely the tokens demand will grow in line with platform development. This is systematic incentivization for the team to continue the development, as community demand for ROX will grow significantly over time when ROX utility benefits all in energy value chain (producer, distributor and end user).

In Conclusion

The vesting will make development of community and platform more certain as Robotina team will get incentivized to work towards the ROX community goals. With vesting you can feel comfortable supporting the ROX and development of Robotina IoT Platform because we put community and road map execution in first place.

In the end, we can only hope you will see the ROX team as a group of dedicated humans working towards a better future, and not as a team working hard enough to grab funding and then abandon their project. We have therefore vested our tokens to show the long term confidence to develop the project.