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MyBit is an IoT investment ecosystem powered by Ethereum. Founded in Switzerland by industry veterans, MyBit believes that people should be able to follow their passion instead of having to work to survive. By redefining the way people generate income, MyBit strives to democratise financial services so everyone has equal access to investment opportunities. This becomes critical when the future machine economy automates 800 million jobs by 2030 (Mckinsey, 2017) and the average person, whose job is automated, has no ability to participate in this new economy. MyBit provides an ecosystem for the upcoming 11.1 Trillion dollar IoT industry (Forbes, 2017), with the belief that everyone should have an equal opportunity to participate in this revolution.
The Ethereum blockchain based P2P investment platform, MyBit enables investment and automatic distribution of revenues generated by IoT devices, announces ICO.
