modum.io

What is MODUM (MOD)?

We found this positive blogpost this morning: https://chadsatoshi.wordpress.com/2017/10/25/what-is-modum-mod/
Thanks to the Chad Satoshi blog for covering modum and the MOD Token.

chadsatoshi.wordpress.com This post deals with the brand new token called Modum, which seeks to integrate blockchain with the internet of things. Modum targets pharmaceutical industry, where the measuring of temperature, hu…

CPhI Worldwide

If you are in Frankfurt today at the CPhl Worldwide Pharma Industry conference please try to find us. https://buff.ly/2ldzFCj modum COO Stefan Weber will be in attendance, showing off our sensor prototypes!

cphi.com Mix with the world of Pharma products, people & solution

Blockchain, IoT, and the healthcare industry: What you need to know

Blockchain tech has the potential to revolutionize the healthcare industry. With it comes the potential to change each patients relationship with their medical data. But, of course, the entry point for the technology is in supply chain.

Thank you Sandy Hathaway and MedCityNews for mentioning modum.io in a great piece on the industry.

https://medcitynews.com/2017/10/blockchain-iot-healthcare-industry-need-know/

medcitynews.com Blockchain-based systems could automate many administrative tasks in healthcare and remove human error from payment processing and claim adjudication, which can improve accuracy and reduce costs.

modum.io | modum.io and the CSG secure project funding through the Commission for Technology & Innovation

The Communication Systems Group (CSG) at the University of Zurich with modum.io was successful in receiving funding for a research project in the area of "Enabling Sciences". The project, led by Dr. Thomas Bocek and Dr. Stefan Weber and entitled “Blockchain Based Temperature Monitoring for Cold Chains in Medical Drug Distribution (BC4CC)”, will provide in-depth research on the technology behind modum’s value proposition: to develop novel methods for supporting the cold-chain distribution process of medical drugs using blockchain technology. The research will help modum.io to achieve its commercial goal to reduce the cost of delivery while assuring a regulation compliant temperature tracking using IoT-sensors.

The research will develop modum’s mission to use a blockchain-based ecosystem in order to create transparency and trust throughout the global supply chain, while enforcing statutes, quality requirements, regulations, and monetary contracts. The research proposal addresses two critical items: market pe*******on and blockchain agnosticism.

Read more about the CTI and our project here: https://modum.io/modum-io-and-the-communication-systems-group-win-funding-through-the-commission-for-technology-and-innovation/

modum.io 04 Oct modum.io and the CSG secure project funding through the Commission for Technology & Innovation Posted at 17:52h in Business by Mike Taylor 0 Comments 0 Likes Share The modum team and our partners at Communication Systems Group at The University of Zurich are excited to announce that we have r...

modum.io | modum.io appoints Simon Dössegger as CEO

An exciting announcement for modum in our next phase of growth: Simon Dössegger has been appointed CEO. The modum board of directors and team are eager to bring Simon on board to take modum to the next level. Simon holds a Master’s in Robotics Engineering from ETH Zurich. He led Skybotix, an ETH spin-off, serving as CEO for 2.5 years, after which it was acquired by American action-camera maker GoPro. At GoPro, Simon held a senior product and technology management role while helping to scale operations locally.

Modum's early success can be attributed to Malik El Bay's incredible leadership. We wish him all the best as he moves on to start new endeavors.

modum.io The modum team is excited to announce that Simon Dössegger will succeed Malik El Bay, a co-founder of modum.io, as CEO as of October 2017.

modum.io | Modum Token Balance

Use the MOD Token Estimator to estimate your token holdings: https://modestimation.modum.io/

The app has been updated with all transactions through to the end of the token sale!

modestimation.modum.io

The MOD Token sale is now closed! The modum team is overwhelmed by the community support for our project. We are very excited to have such an incredibly engaged and encouraging group of token holders going forward. We will continue to send updates via our newsletter and slack channel regarding minting and distribution. We are also looking forward to making some big announcements in the coming weeks, so stay tuned!

modum.io | Company

The modum team is growing. Follow the link to our company page to see the latest job postings:

modum.io Founded in 2016, modum.io AG is a tech startup developing systems to improve supply chain processes by combining the best of blockchain technology and IoT. Based in Zürich, between the “Crypto…

Is blockchain tech the missing link for the success of IoT?

"Any system of interconnected IoT devices can use blockchains to reliably organize, store, and share streams of data.

This is a concept that supply chain companies are already testing... www.modum.io, a blockchain-driven data integrity solution for transactions of physical products, has a blockchain solution that removes the margin for error that many logistics businesses accept as the status quo."

instance.https://thenextweb.com/contributors/2017/09/21/blockchain-tech-missing-link-success-iot/ #.tnw_TRBMuaov

thenextweb.com Blockchains are still a fringe technology in many ways, but it’s slowly making its way into the mainstream. While blockchain technology aspires to change the world, its potential is still unknown to most. And while developers are busy studying its nuances, businesspeople are hard at work figuring ou...

modum.io | Modum Token Balance

The MOD Token Estimator is ready for all our token holders. Visit https://buff.ly/2jKuJEw

modestimation.modum.io

Innovation World Cup Conference 2017 in Neuchâtel

COO Stefan Weber will speak at the Innovation World Cup Conference Neuchatel today. https://buff.ly/2gZnDuM

innovationworldcup.com Join the IWC Conference 2017 in Neuchâtel for an exciting day of speeches, developer workshops and networking with leading tech companies and startups

Modum - ICOProfile.com

Another great profile of modum by the brand new :

icoprofile.com Modum.io’s sensor devices record environmental conditions while physical products are in transit.

Our first milestone is at earliest October 22nd, 2017:
The objective of this milestone is to ensure a proper minting and distribution process. Each token holder will have access to a web app, which allows them to place their vote. Upon positive voting 3% of the locked tokens will be transferred to a wallet controlled by modum.io. This process is supervised by our advisor Lykke Corp. The released tokens will be used for our advisors, to compensate the many helpers in the token sale, and for the bug bounty program.

To read more about the voting process, token holder benefits, and the timeline of milestones please see page 13 of our whitepaper.

https://buff.ly/2x16hEa

Crypto Valley Association Statement on Token Launches - Crypto Valley

"The CVA is fully convinced that, in the long-term, token launches are a sound, innovative approach to raising investment capital. Switzerland should support this trend by being the first country to recognise and support these tokens and token launches. This will foster an environment that encourages blockchain and related companies to establish themselves here, bringing jobs to the region and providing investors with the clarity, confidence and security they need."

A statement on ICO's from our friends at the Crypto Valley Association

cryptovalley.swiss With the explosion of innovation surrounding blockchain and cryptocurrency technologies, it is unsurprising that organizations are leveraging similarly innovative financial instruments to raise…

modum.io announces that its token sale has raised 10 million USD in only five hours - Cryptos R Us

Thank you George CryptosRus for covering our ongoing token sale: https://buff.ly/2f6MUQ1 There's still a few tokens left!

cryptosrus.com This is a paid press release. CryptosRUs does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. Readers…

"modum.io has conducted pilots in last-mile segments to develop its system." Read more about our solutions: https://buff.ly/2f5IB7p

modum.io | Token sale status and information for MOD Token holders.

An update for MOD Token holders: https://modum.io/token-sale-status-and-information-for-mod-token-holders/ keep in touch via Slack, our website, newsletter, and social media to receive the latest updates.

modum.io 04 Sep Token sale status and information for MOD Token holders. Posted at 17:55h in Fundraising by Mike Taylor 0 Comments 0 Likes Share Thank you and congratulations again to everyone who participated in the MOD Token sale over the weekend. The modum team is overwhelmed with the positive response to...

modum.io | modum Developer “Bug Bounty Program”

Do your own review of our smart contract code as the 1st phase of our Bug Bounty: https://buff.ly/2iWVa9k Submit your bugs by September 17!

modum.io Modum.io is deeply engaged with the developer community and has maintained a ‘code is law’ value system while developing its platform. With every major platform release modum.io will open a new phase…

Thank you to Validity Labs for working with us to review the smart contract for the MOD Token sale!

BlockPolicy

modum has contributed to the community-driven Blockchain Policy Initiative report: https://buff.ly/2wy1NEd to help improve regulations for DLT.

blockchainpolicy.org Promoting sound policy foundations for a global cryptoeconomy.

Cryptocurrency Investment Club

ICO Investment Analysis for the modum.io ICO that is now live:

1. modum.io is a Swiss company founded in 2016, hence is just 1 year old. Despite several legitimate partnerships in the blockchain industry & the pharmaceutical supply chain market, modum.io has no MVP yet -> concept-based ICO!

The typical ICO distinction is as follows:
1. Concept-based ICO
2. MVP or beta-staged products are available
3. Products are live and revenue is already being generated

Logically, investing in a concept-stages ICO comes with a higher risk than investing in a revenue generating company.

Risk is here defined as the potential price movement of the Tokens which is being influenced by several factors such as hype around the company and product, distribution of tokens (bad examples: large pre-mine, instamine, company holds 90% of tokens etc.), company's accessibility and activity in the community, general market trends and so on.

2. 20m of 30m total supply are being sold in the ICO at a price of $1 per token. This is the standard ICO model, where early contributors receive bonus tokens (1st 6m tokens = 30% bonus, 2nd 6m tokens = 15%, 3rd 6m tokens = 0%).

This has 2 sides:
Of course, it seems to be a low risk investment as you automatically receive free money by investing early. Invest $1000 and receive tokens with a value of $1300.
This model, however, has often triggered a, let's call it "common dump". Investors quickly dump their tokens on exchange launch to liquidate the tokens and secure their "free money". The value of the tokens hence decreases below the ICO price and token holders face a negative ROI.

3. modum.io values itself (or at least the token valuation which is commonly seen as the valuation reflecting the company behind the tokens) at $30m, as total supply is $30m tokens and ICO price is $1.

Weighing the early concept-stage of the company against the strong network and partnerships, niche market potential (modum.io has potential to establish as the market leader for pharmaceutical supply chain tracking on blockchain basis) , fundamentals (it is a strong problem that the company aims to solve with real demand), the team's experience and credibility & general crypto market valuations (Bancor raised $150m and their MVP consisted out of 40 lines of code, Gnosis is valued at almost $2billion relative to their total coin supply and does not have a live product yet, IOTA is valued at almost $3billion and has not solved their scalability issue of transaction data storage etc.)

CCIC has invested in the modum.io ICO for two reasons:

A profound belief of a valuation increase to $60m-$100m, hence a ROI of x2 or even x3 from the ICO investment.

Support of a company that aims to drastically improve the wrongs in pharmaceutical supply chains.

-> Antibiotics are mainly produced in India and follow complex supply chains to, for example, the user in Europe. It is close to impossible to track and ensure the originality of the drugs. Pharmacies would be forced to but in reality cannot cope to validate every individual drug on originality which leads to problematic deviations, especially looking at drugs that are vital for life.

If you are interested in contributing in the ICO:

https://token.modum.io

If you would like to read more about the global pharmaceutical supply chain "crisis":

http://www.newsweek.com/2015/09/25/fake-drug-industry-exploding-and-we-cant-do-anything-about-it-373088.html

Buy MOD Tokens now! Our token sale app is live: https://token.modum.io/

The MOD Token sale app is live: visit token.modum.io to participate!

modum.io | Investing with IOTA, using mobile devices, etc. Final notes from the modum team before the MOD Token sale

A few final clarifications before we go live: https://buff.ly/2vJ3JXu Thanks to all of our early investors who have provided feedback.

modum.io In the hours leading up to the MOD Token sale the modum team would like to thank everyone for their active interest in modum and the MOD token. Through Slack, Telegram, Twitter, E-mail, Facebook, and…

Modum.io's Tempurature-Tracking Blockchain Solution Wins Accolades at Kickstarter Accelerator 2016

From the vault: https://buff.ly/2vvLUzb An early story on modum from Nasdaq KickstartAccelerator

nasdaq.com Swiss-based startup, Modum.io , has won $25,390 (CHF 25,000) after taking first place in the Future and Emerging Technologies vertical of the.

Modum.io

https://icobazaar.com/modum.io

icobazaar.com Data integrity for supply chain operations, powered by blockchain technology.

How to invest in modum

Watch our walk through of the modum token sale app. Get ready to invest on September 1st at 12:00 CEST. https://vimeo.com/231712957

vimeo.com Using the MOD Token sale app: A step by step guide The MOD Token sale app was designed to make the investment process easy and secure for each of our investors.…