Bitcoin Forum
May 26, 2024, 01:55:00 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: [ANN] [ICO] EHOTEX - PATENTED IOT SOLUTION FOR $300 BILLION HORSE INDUSTRY  (Read 100 times)
EHOTex (OP)
Newbie
*
Offline Offline

Activity: 56
Merit: 0


View Profile
March 27, 2018, 07:41:06 AM
Last edit: April 10, 2018, 08:04:45 AM by EHOTex
 #1

PATENTED IOT SOLUTION FOR $300 BILLION HORSE MARKET

EHO is the 1ST SMART TEXTILE for horses



WHAT IS EHO SMART TEXTILE?

Smart textile embeds pressure sensors into the fabric.

Sensors measure pressure and transmit data to a mobile device.


HOW EHO SMART TEXTILE IS USED FOR HORSES?

Well fit horse saddle disperses pressure of the rider over a uniform area.

EHO introduces smart saddle pad, which uses smart textile to obtain saddle and rider pressure data.

___________________________________________________________________________


WHAT MAKES EHO A SUCCESSFUL PROJECT?


*1ST REASON TO SUCCEED*

$300 billion horse industry

The Market is spread as follows:

United States   $102 billion
Europe          $133 billion
Canada           $16 billion
United Kingdom   $6.2 billion
Australia           $5 billion
Rest of World   $37.8 billion



*2ND REASON TO SUCCEED*

Working product with patented technology

"EHO smart textile is unique product and technology backed by Riga Technical research lab where we conduct our experiments and research."

Vice-Rector for Research Academician Dr. sc. ing.
Talis Juhna, Riga Technical University



*3RD REASON TO SUCCEED*

EHO is tackling problem widely recognised in the horse industry

___________________________________________________________________________


WHAT IS EHO TOKEN?

EHO token - private money powering sales of EHO smart product

EHO token is private money powering sales of EHO products, technologies, data and feature access. All value that EHO is going to generate will be exchanged for tokens.

Token type:                           ERC20
Token price during ICO:         $0.01 per EHO token
ICO hard cap:                       $1,750,000
ICO soft cap:                           $950,000
Symbol:                                   EHO
Purchase methods accepted:   ETH, BTC, ShapeShift widget
Min contribution:                   n/a
Max contribution:                    USD 100,000
Pre-sale start date and time:   (UTC) 26/03/2018 13:00
Pre-sale end date and time:   (UTC) 01/05/2018 13:00
Token sale start date and time:   (UTC) 01/05/2018 13:00
Token sale end date and time:   (UTC) 15/06/2018 13:00


___________________________________________________________________________


EHO TOKEN FAQ

How will it work?

Imagine EHO product along with an app being offered in EHO eCommerce site. The product will have a price in conventional fiat EUR/USD/CNY, but at the same time will be denominated in EHO tokens as the unit of exchange, possibly with a discount.

A buyer can either pay with EHO bought during crowdsale, connect to an exchange, where token will be listed, buy it and use for payment or buyer still can pay in fiat. How then this purchase will be converted in tokens?

By an agent on behalf of EHO or by EHO team themselves - they can use a segregated account for this purpose and channel all incoming fiat to the exchange to buy EHO tokens at the current market rate, whatever it would be.

What if the market rate for EHO tokens will be very high?

It makes no difference - if EHO will end up costing $100 then, say, a smart saddle mat sold for $2,500 will be proceed at EHO 25 and if paid in fiat then EHO team will get 25 EHO tokens sending fiat to the exchange.

What if EHO team runs out of money just channeling all their revenue to an exchange?

It will not - they can simply sell some of the EHO tokens they are buying back to maintain their cashflow.

Will some day EHO end up holding all the tokens and stopping the project?

It is possible, but it may take some time and also living token with liquidity, supply and demand drives product marketing and user acquisition in itself. EHO might consider keeping token alive forever and use it as a means of working capital or even another crowdsale to finance further advances and applications of smart textile technology.

___________________________________________________________________________


ICO is run in Partnership with

SCANDIWEB



Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!