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Nesten

IEO Ended
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Nesten is a unique IoT communications provider passionate about IoT-optimized blockchains and community-based communications networks. Since its inception in 2018, Nesten has been a leader in the blockchain IoT sphere, Redefining the Boundaries of Your Communication.
Nesten has been actively deploying its flagship communications and computing platform—the G1 wireless node—across the country, and in 2020, we will continue to charge forward, expanding our nationwide coverage to set the stage for future IoT communications. Nesten’s journey is unchartered, but, with partners and participants who are equally focused on Redefining the Boundaries of Your Communication, we will pave the way ahead to build a community-based IoT infrastructure that is highly secure, transparent, and scalable.
The Nesten network is built on decentralized Wireless Nodes with support for multiple wireless protocols: LoRa, Wi-Fi, and Bluetooth Low Energy (BLE). These Wireless Nodes are connected through the IP network infrastructure, and their operation is supported with multiple layers of blockchains that address the different needs of the system elements.
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TOTAL SCORE
6.9
IEO PROFILE

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SOCIAL ACTIVITY

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TEAM PROOF

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General
Website: Visit
White paper: Read
IEO Time: 29 July 2019 - 16 Sept 2019
Whitelist/KYC: KYC
IEO launchpad: Latoken
Token info
Ticker: NIT
Platform: Ethereum
Token Type: ERC-20
Available for sale: 250,000,000 NIT (25%)
Total supply: 1,000,000,000 NIT
Financial
IEO Price: 1 NIT = 0.0957 USD
Accepting: ETH, BTC, Fiat
Hard cap: Hard cap
Q1 2018
Nesten's Establishment.
Developed Proof of Concept for LoRaWAN system
Defined strategic milestones and timeline.
Q2 2018
G1 Launch
Started G1 development
Released initial whitepape.
Q3 2018
G1 Development
Completed G1 hardware design
Defined final 61 software architecture.
Q4 2018
G1 Production
Launched G1 production
Released ATUM Coin.
Q1 2019
G1 Deployment
Delivered 61 gateways for Texas deployment
Published whitepaper to describe Nesten ecosystem.
Q2 2019
G1s Launch and IEO Preparation
Launched G1 5 development
Initiated marketing strategy.
Q3 2019
NiT IEO and Blockchain Development.
NiT starts trading on cryptocurrency exchanges.
Launch Nesten blockchain platform development.
Develop G1 5 prototype.
Q4 2019
Nesten Testnet and G1 5 Completion
Nesten Testnet available
Complete G1 5 development
Launch Machine Learning (ML) development.
H1 2020
Nesten Blockchain and 615 Production
Nesten initial Mainnet available: User transactions
Begin G15 production
Implement ML algorithms and perform field testing
Andrew Baek
Founder & CEO
Participates in a number of projects
Hoon Paek
Chief Scientist
Participates in a number of projects
Vince Pham
PCB and RF designs
Participates in a number of projects
Sean Chen
RF system and IC development
Participates in a number of projects
Robert Tong
FPGA and IC development
Participates in a number of projects
Joe Xing
Software Developer
Participates in a number of projects

Advisors (1)

Mike Pettus
Participates in a number of projects
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