MyBit

Switzerland
Baar, Zug, Switzerland, 6340

Company profile

MyBit company profile

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 democratize​ 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 8.9 Trillion dollar IoT industry (Forbes, 2017), with the belief that everyone should have an equal opportunity to participate in this revolution. Our vision is to utilize Blockchain tokenization to create a new asset class for investing in revenue driving assets beginning in the Decentralized Energy and Autonomous Mobile Sectors. By leveraging an Ethereum core, governed by smart contract logic, we can make sustainable infrastructure easier to invest in securely, realize profits, and implement into emerging ecosystems.

Business identity

Contact email
[email protected]
Operating status
Closed
Company type
Non Profit
Employee range
11-50 employees
Revenue range
$0+
Founded
2017-01-01, Year

Headquarters

Postal code
6340
Country code
CH
Continent
Europe

Capital profile

Funding and company signals

Funding rounds
1
Total equity funding
$2.8M
Last funding
Equity Crowdfunding / $2.8M / 2017-08-21
Last equity funding
Equity Crowdfunding / $2.8M
Founders
1
Articles
2

Founders and investors

Founders

Ian Worrall