/biz/ - Business & Finance

HUGE VOLUME, WE GOING TO $3 TODAY.
MOD MOD MOD!!!!

Current market cap at $30 million. Huge potential to go much higher! Here's why..

Read this executive summary by US Trade Administration issued in 2016.
https://www.trade.gov/topmarkets/pdf/Cold_Chain_Executive_Summary.pdf

"Cold chain spending in the biopharma industry on insulated boxes, blankets, phase change materials,
temperature controlled shipping containers, sensors and recorders, and other tertiary packing and
instrumentation is estimated at $3.1 billion."

WHY BUY MODUM?

~ MODUM is a supply-chain solution for the $1.12T pharmaceuticals market.
~ What is it? Patented proprietary sensor device that verifies authenticity with blockchain (Ethereum/IOTA)
~ Why use it? EU regulations GDP 2013/c 343/01 requires the monitoring of medicines during shipment
~ By using the MODUM system, costs per shipment can be reduced by up to 60%.
~ 200 million shipments of pharmaceutical products in the EU alone last year
~ Currently in negotiations with pharmaceutical companies in the UK/France/Germany/Turkey & Vietnam.
~ Pascal Degen, co-founder of MODUM was head of logistics at Novartis AG ($216 billion pharmaceuticals giant)
~ MODUM advisor is Heinrich Zetlmayer who was IBM's head of Supply Chain and Operations Services
~ Strategic Partnerships already in place with Switzerland Postal service, two pharmaceutical corporations, University of Zurich & University of St. Gallen.
~ MODUM won first place in the Future and Emerging Technologies vertical of the Kickstart Accelerator 2016, out of 850 startups from 40 countries.
~ Profit sharing & voting tokens. Dividends to be issued in ETH on a quarterly basis
~ Pilot trails with 43 registered companies successfully completed
~ Commercial launch and mass production in q1/2018!
~ Swiss team / engineering

Price dropped from ATH. Anyone who wants to accumulate before price explosion on a decent exchange, now is the time.

Company about to mass produce devices and goto market. Team consists of former heads that are connected with $193 billion pharmaceuticals company, Novartis. Token has profit sharing dividends.

See https://en.wikipedia.org/wiki/Novartis
https://finance.yahoo.com/quote/NVS/

A $2 million quarterly profit from MOD means a free ETH for 2500s mod in your wallet.
2500 mods @ $2 each = $5000. 4 free ETH's per year @ $300 each = $1200/year passive income. Not bad.

Here's why..

Read this executive summary by US Trade Administration issued in 2016.
https://www.trade.gov/topmarkets/pdf/Cold_Chain_Executive_Summary.pdf

"Experts also estimate that cold chain logistics spending in support of biopharma industry is more than $10 billion and is expected to grow to $13 billion by 2019. Asia alone contributes to $1.2 billion in growth. The compound annual growth rate (CAGR) of cold chain markets is anticipated to reach nearly 16 percent into 2019."

"Cold chain spending in the biopharma industry on insulated boxes, blankets, phase change materials,
temperature controlled shipping containers, sensors and recorders, and other tertiary packing and
instrumentation is estimated at $3.1 billion."

Pharmaceutical cold chain logistics is a $12.6-billion global industry
http://pharmaceuticalcommerce.com/supply-chain-logistics/pharmaceutical-cold-chain-logistics-is-a-12-6-billion-global-industry/

"By 2020, pharma cold-chain logistics will be worth $16.7 billion, and non-cold chain at $77.1 billion (Fig. 2)."

CONGRATS TO THOSE WHO BOUGHT UNDER $1. FIRST TO MARKET WITH DEVICES READY TO ROLL AND TWO BIG PHARMA CLIENTS. Unlike most temp sensors that can be fudged, blockchain will make it impossible, therefore no way FDA will beat down pharma bro doors.

Market cap at $15 million is a bargain!

WALTON (WTC) has a market cap of $200 million, yet the ENTIRE CHINESE RFID market in 2014 was just $1.7 billion. Source: https://www.idtechex.com/research/reports/rfid-in-china-2015-2025-forecasts-players-opportunities-000435.asp

https://www.reddit.com/r/Iota/comments/6vl57m/iota_modum_ask_us_anything/

What sort of benefits come with owning the Modum ICO token?

Each token will yield one vote at each of the predetermined milestones. The milestones will occur in October 2017, Q1 2018, Q1 2019, and Q1 2020. The modum team will lay out specific benchmarks to align the internal goals with token holder incentives. Token holders will vote on releasing internally held tokens to the team if they believe benchmarks have been met. Additionally, each token will come with profit sharing rights. We cannot forecast profit sharing payouts but we do forecast a break even in 2018.

PROFIT SHARING RIGHTS IN A $1.072 P/YR TRILLION GLOBAL PHARMACEUTICAL INDUSTRY. LET THAT SINK IN FOR A MOMENT.

https://crushcrypto.com/analysis-of-ambrosus/

+ Food sensor and tracking is very common and lots of companies are doing it already. Ambrosus faces stiff competition in the traditional space, such as GlobeRanger, Oceansoft, and Blue Maestro, as well as in the blockchain space from Modum.
+ Modum has a blockchain-based temperature tracking system for medicinal products, with sensors that record environmental conditions during shipments. When goods change ownership, the data is checked against Ethereum smart contracts to validate the transaction and triggers alerts, payments, etc.
+ Modum already has a working product with 43 REGISTERED COMPANIES and 844 SHIPMENTS, which is more advanced than Ambrosus.
+ They were featured on Nasdaq, World Economic Forum, among others, and have won several awards including Kickstarter Accelerator 2016.
+ Their token sale started on September 1, 2017 and their hard cap is $16.4 million – 16% of what Ambrosus is asking.
+ When asked about the difference between Ambrosus and Modum, Ambrosus keeps mentioning that they are creating a blockchain and Modum is not. However, is it necessary?

STILL UNDER ICO PRICE!!. ICO WAS 0.0032906369 ETH