>A company named Pfizer was listed on NYSE.When it was first listed, it was worth $0.50. Today, Pfizer's share is valued at $35.18, which is 70x of it's listing price.
>As we all know, pharma is a huge industry and there are many other well known companies like GSK, J&J, Novartis, etc. They are good at what they do best - inventing new drugs and saving humanity one step at a time. With all the patents and governmental support, this industry is virtually unshakable. For other parts of their operation, they outsource to other companies.
>Now, what if they have a company to assist them in their supply chain management? This leads to a reduction of storage/transportation/logistic/etc cost, which leads to an increase in their profit margin. Strategically speaking, it brings both parties a win-win victory.
>Introducing Modum. Using IoT sensors with blockchain technology, Modum provides data integrity for transactions of physical products, streamlining supply chain processes in the pharma sector.
>Inb4 "but modum coin isn't a cryptocurrency!"
>Yes, it is not a typical blockchain coin like 999 other alt coins.
>Modum tokens act like a share, and through ERC20 smart contract, it gives dividends to the hodlers. Comparing to other coins with fantastic ideas with no working product, Modum already has its sensors working, and it is pending legislation approval.
>Does it really matter if it is not your typical crypto coin? To me, it is an undervalued coin with much potential returns. Decide for yourself if this is worth investing in for the long run.
>Gentle reminder, using 4% as annual inflation rate, $0.50 in 1978 is worth $2.31 in 2017. Currently, Modum is valued at $1.90.
