The last few years have been massive when it comes to innovation in the world of technology. Not only are a wide range of technologies working with us in new and exciting ways, but they are also beginning to work with each other in ways we couldn’t have ever imagined only a few years ago. For example, our phones can control our lights and thermostat and can even connect to watches.
The idea of this network of different pieces of technology working together and exchanging data in our physical environment is known as the Internet of Things. The Internet of Things (IoT) is a relatively new technology that has blown up in the last few years with more and more devices becoming attached and sharing data. It went from a very niche idea with a lot of potentials, to something that tons of people are taking advantage of every day. The technology is all about making our lives easier and more efficient in many different ways from making shopping easier, controlling our home easier and much more.
One company that is on the cutting edge of the IoT technology and looking to revolutionize it is Hurify. Hurify is a decentralized platform based on the Ethereum blockchain. They are looking to disrupt the IoT marketplace by allowing for a simple and streamlined way to connect clients who have ideas and plans for IoT projects to developers who can help work on them. The platform will be completely open, fair and decentralized to ensure everyone can connect with each other, without the need for a third party (whom can often cost a lot in fees and take a much longer time to deal with).
The way it will work is very simple, for both the clients and the developers alike. For clients, if they need something built or designed, they can easily send the requirement (with all the details included) into the platform and start the search for the right developer to work with them. For developers, it is very easy to create a profile and list all their certificates, experiences, accolades, achievements and more. This is a whole new and innovative marketplace for IoT technology and could revolutionize the industry going forward.
In addition to how easy it is to use and navigate, it will feature Smart Contracts that ensure no one is taking advantage of anyone else. It really is taking advantage of many of the benefits that being on the blockchain creates.
While it is first and foremost a service marketplace for connecting clients and developers to create the next big project in IoT, it is also a place for developers to hone
their skills. Hurify will teach new skills to developers and let them practice to make themselves a better-suited applicant for the many clients out there looking for help. Hurify also creates virtual team of developers whom the clients can leverage as a team. While the phase 1 of the platform addresses the competency gaps, phase 2 is planned for IOT hardware leasing and phase 3 on data monetization. Hurify Beta 1 platform is already onboarding IOT developers and clients actively with referral and airdrop campaigns. Hurify is partnering with other leading Blockchain companies like Truebit and Nebula to create the best platform experience for their community. All in all, it has the potential to be a game-changing platform in the world of technology.
Equally as impressive as the platform itself is the team behind it. The team at Hurify is led by co-founder and CEO Chandramouli Srinivasan, co-founder and CIO Kavitha Gopalan and Nathaniel Lodwig, who is the head of business and investor development. Chandramouli and Kavitha are ex-Intel and each member of the leadership team has a ton of experience in their fields. The Hurify team is rounded out by several other engineers that are going to help this platform to become the best it can be. Meet Hurify team in “The North American Bitcoin Conference” in Miami, Florida on 18th & 19th January.
A public ICO is scheduled for Hurify on February 1st 2018 and will go until February 28th 2018 and there will be 273,125,000 HUR tokens in circulation during the same. The HUR tokens will be sold at a price of 5,000 HUR per 1 ETH during the sale. In addition to being the way to purchase in the company, the HUR token will also be used to pay developers, post projects and more.
Hurify has also spoken about how the tokens will be allocated, and their plan is made very clear on their website. 77% of the HUR tokens will be sold in the crowd sale, 10% will be a risk reserve, 5% in developer community rewards, 5% for marketing and promotions and 3% during the pre-sale.
As for the funding they receive during the sale, they have also said where that funding is going to go as well. 30% is going towards platform development, 30% going towards sales and marketing, 30% going towards the partner program and 10% going towards the reward program.
In conclusion, Hurify is hoping to be a revolutionary platform in the IoT marketplace and make it easier than ever for clients and developers to connect and collaborate in order to create some really outstanding projects and products in the future.