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Robotina (ROX) is a cryptocurrency made by Devid Palčič in 2018. It is an ERC-20 cryptocurrency token created for the RobotinaROX IoT platform (ROX Universe platform). The ROX Universe platform aims to help users understand their energy profile, control their IoT things, and save or earn ROX tokens.
This platform is meant to connect with home or building energy management systems to allow users to monitor their energy usage. The ROX Universe platform will reportedly enable users to connect to these things through the internet of things (IoT) and control them from anywhere. Users will have access to analytical tools, remote control, advanced rules, multi-objective optimization and artificial intelligence to help them reduce their energy expenses.
According to the Robotina website, the platform will help users optimize the consumption of electricity by automatically turning off a device when its not needed or by switching it on when the tariff is the cheapest. Additionally, users will earn ROX tokens by providing on-request variable consumption to energy suppliers and grid operators, and by collaborating in group buying, power trade, aggregated data sales, crowd financing and by activities in the platform’s marketplace.
Furthermore the Robotina (ROX) utility tokens will be exclusively used by the Energy Service Company (ESCO), a company that will reportedly implement energy efficiency projects for business customers. Also ROX tokens will be used in Virtual Power Plants (VPP) crowdfunding, as well as for rewards and incentives for saving energy and contributing to the preservation of the natural environment.
The Robotina (ROX) utility token has a total supply of 331,614,077 ROX and a circulating supply of 297,425,133 ROX.