indu4.0 is a digital B2B marketplace for the manufacturing industry, aiming to make the bridge between supply and demand faster, more efficient, and cost-effective. The company behind it, Indu4.0 AG, operates from Lucerne, Switzerland. It has already succeeded in integrating numerous complex industrial products and services with a sophisticated filter system in a user-friendly platform.
This indu4.0 review looks closely at one of the most ambitious projects seeking to establish a blockchain presence for the behemoth-sized manufacturing industry. Read on to discover its features, tokenomics, and roadmap!
indu4.0 in a Nutshell
indu4.0 started from the acute necessity of bringing together manufacturers and suppliers of various services. Blockchain technology provides an advanced medium for better communication and collaboration between the two sides. Most importantly, this project plans to be the first to host a digital B2B marketplace for the trillion-dollar manufacturing industry.
The indu4.0 platform provides suppliers with a complex structure to expose their service catalogs to purchasers. This includes a sophisticated filter system highly responsive to data input and output. This way, they only receive inquiries matching specific offers.
On the other hand, purchasers can rely on indu4.0 whenever they need to find something fast and easy. The filter system helps them encounter services rapidly, together with a list of accessible suppliers. Moreover, they can dive deep into the filtering process to find the best offer for their business.
indu4.0 seeks to become the go-to digital marketplace for millions of businesses worldwide. To this end, it provides purchasers and suppliers with a comprehensive suite of convenient tools and features.
For example, businesses can use the platform without logging in to perform quick searches. This way, they don’t waste time and fully utilize the search functions. Purchasers also receive detailed information about suppliers to better determine whose services they wish to purchase. Moreover, they get automatic news notifications and the option to send offer requests to multiple suppliers simultaneously.
Suppliers can create user accounts on indu4.0 for free. Next, they can add one or two competencies to their company profiles for free. Alternatively, they can pay a subscription fee to enter more competencies and see all the offer requests from purchasers.
Lastly, indu4.0 allows users to place ads for Metaverse events, trade fairs, or other manufacturing-related initiatives.
The project’s proprietary token, INDU, functions as a payment token and is necessary for the transactions taking place on the platform. Users can exchange these coins for advertising services or obtaining exclusive industry reports. Also, they can use them to participate in trade shows and Metaverse events.
The team has set a maximum supply of 750,000 000 INDU tokens, which it will distribute as such:
- Presale – 14%
- Private sale – 4%
- Public sale – 19%
- Advisors and partners – 8%
- PR and marketing – 18%
- Team and founders – 10%
- Platform operations and development – 18%
- Reserves – 9%
The indu4.0 team will put INDU tokens up for sale in three events:
A private sale
Investors who signed the SAFT Agreement and filled out a specific application can participate in this round. Additionally, they must pass KYC (Know Your Customer) verification and can only purchase INDU tokens with cryptocurrencies. The price is set at $0.04/token.
This event will begin on September 30 and will be open to anyone passing KYC verification. The presale round takes place on the indu4.0 website. Lastly, this round’s price is set at $0.06/token.
A public sale
This event is open to anyone passing KYC verification. Also, it features a higher maximum purchase limit than the presale round and a $0.08/token price.
The platform will accept BTC, ETH, BNB, EUR, and CHF during the last two sale rounds. According to the team, the hard cap is equivalent to €16.5 million.
The indu4.0 team has worked since 2020 on the platform’s initial development and design. During this period, the team has also analyzed its competition, evaluated potential partners, and determined its MVP.
In Q1 of 2022, the developers published the project’s whitepaper, created marketing concepts, and investors came on board. They spent the next three months building the indu4.0 community, creating a backend for the INDU token, and organizing the token’s presale.
Currently, the team is testing and piloting (with clients) the platform’s first version and marketing its potential across various channels. The official launch of the indu4.0 B2B marketplace and the INDU token should occur in the Q4 of 2022.
The raised funds from token sales will go towards expanding the development team, marketing expenses, infrastructure, and office costs.
Additionally, the team will implement an NFT INDU token to secure user data and verify file ownership on the platform.
Lastly, indu4.0 has a loyalty program rewarding long-term users with INDU tokens for their activity on the platform.
indu4.0 has taken on the difficult mission of offering the vast manufacturing industry a fast and secure digital platform for doing business. According to the team’s plans, purchasers and suppliers benefit equally and increasingly from its features and, notably, its sophisticated filter system.
While the project has not been launched yet, it shows signs of a promising initiative with ambitious but reachable goals. We will follow its development closely and report on its evolution.
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