I believe this is truly an early gem, and only 1 person has covered it yet, token not out yet, everyone can benefit (also if not investing, e.g. from the NFT airdrop).
I believe this is a BIG opportunity! Why? See below👇
NATIX was founded in Germany (2020) & currently leads As NATIX Network
In the multibillion dollar geospatial data market (now 35b, exp. 258 billion in 2028), the costs of 1 camera, installment & maintenance is up to 6k USD. This does not scale.
With NatixNetwork any smartphone camera is able to collect 100% privacy (GDPR) compliant data.
Via this low-cost crowdsourced camera network (using AI, edge computing & blockchain) decision-making data can be gathered for businesses & governments at a scalable price.
By decentralizing the camera network infrastructure & offering financial incentives for participating in the network, they attempt to break long-standing data monopolies.
Their ground-breaking work has not gone unnoticed & led to large investments & several large clients
INVESTORS & BACKING
- Plug and Play
- Mulana Capital
- Blockarm Capital
From raising money + revenue, they have approx. $18M runway. Seed round 2 is active & in the closing stage. More large & well-known investors t.b.a.
Their CEO said they already generated a 6-digit revenue in 2021 & have monthly recurring revenue from long-term SaaS customer contracts.
- Deutsche Telekom
- City of Den Haag
- City of Gelsenkirchen & Thyssengas
- European Commission - Seal of Excellence
- CIO Review Europe - Top 10 GDPR company in EU
- PWC & Builtworld - Top 10 SmartCity company (2020 + 2021)
- AI Summit New York - Highly recommended AI tech start-up
- http://Appengine.ai - Top 20 computer vision AI start up 2021
- R&M - Key player in video analytics market
- Nvidia (partner of parent company natix)
According to LinkedIn the team consists of 24 employees with a strong tech focus.
The CEO (Alireza Ghods) has extensive knowledge in AI, IoT & Blockchain. He worked at PwC as a blockchain & IoT solution architect & is a partner at the Blockarm investment fund
The NATIX Network uses:
- iLand #NFTs
- NTXT tokens (fungible)
Using these, network actors are incentiviced to participate.
Let's start with the iLand NFT: this NFT is created via the NATIX DDMap, which divides the globe into tiles
These tiles each represent a unique piece of land in the real world & are turned into NFTs called the iLand NFT.
Community members can obtain these via airdrops, a normal sale & later via trading in the open market.
These NFTs generate a passive income based on the data sold!
NTXT (ERC-20) is the native utility token of the NATIX Network.
- Payment for purchasing data + iLand NFTs
- Staking for network fee reductions
- Bonding to become a network actor (released when operation stops or slashed in case of malicious actions)
- Staking for the liquidity pool
- Participation in network governance
The whitepaper shows that within the network, participants can have the following roles
The NTXT total supply (FDV) is 1 billion tokens & will be released over the course of 48 months.
Distribution is as shown in the screenshot below.
- Token price (public sale price/seed round 2 price)
- Long term sustainability of the network
The CTO stated a sustainable network is one of their top priorities as well, there are ideas for this (a reward pool & a burning & emission mechanism).
Presently, for investors, token price & the fully dilluted market cap are essential to determine whether or not to invest.
Unique usecase solving a real problem via a crowd-sourced camera network.
Backed by multinational companies, received multiple awards, is already generating a 6-digit revenue, received sufficient funding to get through the bear (approx 18m & more coming).
The team is a highly experienced tech oriented team (AI, IoT, blockchain).
Tokenomics (FDV, token price etc.) could use further clarification, this should come before the company launches its token early 2023.
GET EARLY BIRD REWARDS
Currently, you can get these early bird rewards:
- Secure a whitelist spot
- iLand NFT Airdrop (generate free passive income)
- Win app points (can be turned into $NTXT)
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