Robotina ICO Review: What are they trying to achieve & their competition

This article is a continuation of my previous review article. If you want to read check in my blog http://steemit.com/@nozokiumi.

Being able to double or even triple your investment is arguably the most important thing to an investor, trader, or crypto enthusiast. I mean, nobody wants to lose money. But let’s be real, with thousands of projects and ICOs to select from and a handful being launched monthly, it can become rather difficult to differentiate between hyped projects and those with real substance.

Robotina is one of those projects we shall be reviewing. Is this project really what it? What problem are they trying to solve? How about their competition; can be outsmart or out-innovate them?

Let’s have a look…

A quick excerpt from their whitepaper says this

Our main expertise is the optimization of smart electrical grids.

We envision the future based on the products and solutions, developed by our key experts, who are members of two research and development (R&D) teams, one of them registered as an institute.

In plain language, Robotina is trying to solve some of the problems of using electricity – increased electricity prices (usually as demand increases), unstable electrical networks, and negative effects to our planet from trying to get more, when in fact we have not optimized what we already have.

Do you know that you sometimes pay up to 30% more for electricity when you forget to turn off your devices or use them at peak hours? Robotina combines Artificial Intelligence (AI), Internet of Things (IoT), and Blockchain technologies to help solve this problem, thereby, lowering the overall cost of electricity.

Interestingly, Robotina already have working products, with proven results. Their Cybro I, II, and III are IoT programmable controllers which are able to monitor and control household devices. In addition to this, they have a SMIP Cloud platform where the Cybro can operate in a secured manner.

One of the differentiating factor between Robotina and their competitors is the fact that they have been around long enough. Most of these upcoming ICOs have really nothing to lose – a bunch of guys with little experience and a supposed novel idea hoping to change the world. But it doesn’t always work that way. Robotina as a company has been around since 1990, have an experienced in-house team of engineers and technicians, and a proven track record of success. This project has been deployed in 25 countries, with 1 million connected points worldwide, a feat that no other ICO or project in the same category can boast of.

Power Ledger and WePower are both competitors of Robotina. The comparison below highlights some other differentiating factors between Robotina and these projects.

Aspect	Robotina	Robotina	WePower
Around Since	1990	2016	2017
Product	Yes	Under development	Under development
Technology	IoT, AI, Blockchain	Blockchain	Blockchain
Optimization	Up to 4 TWh	0.5 TWh	Limited to P2P
Smart Grid	Yes	No	No
Patents	Yes	No	No
Concept	IoT management and control of energy challenges	Inter operable energy trading	Renewable projects