Nitro Network’s IoT Marketplace Is Live!

Nitro.Network
4 min readNov 3, 2022

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Our world is now more connected than ever before. The advent of the internet provides opportunities through which productivity can be effective, much easier and the quality of life improved. The evolution of technology, right from the stone age to what we now have as the modern age, has been one that provides answers or solutions to the challenges of society, the same applies to IoT.

According to Fortune Business insights, the global market value of IoT was at 384.70 billion dollars in 2021 and is projected to grow from 478.36 billion in 2022 to 2,465.26 billion by 2029. IoT uses software engineered specifically to bridge the gap between the seemingly intangible Internet space and our physical world.

The promise of IoT is one that is ecologically friendly and would improve the overall quality of life: minimise waste and expenses, and increase productivity and effectiveness. At Nitro Network, this is a huge step for us, as we have always been inclined towards technological advancements that enhance humanity’s quality of living, we discovered early enough that the world of IoT is huge and has the potential to impact every aspect of people’s lives, businesses, and the planet.

Our Vision and Mission

From inception, our vision has always been to add value to everyday life and make the world a smarter place. Our mission is to create smart solutions that measure and enhance the quality of life for individuals and communities. We want to bring ease into every sphere of human existence, to make things “talk to” and work for you. Furthermore, our goal is to make NCash the largest utility token in the crypto industry by making it the primary method of payment within the NIoT ecosystem.

What is Nitro IoT Marketplace

The IoT marketplace as the name suggests is a platform where you can shop for IoT solutions in one place. In essence, it is a one-stop click-and-buy shop that offers complete IoT solutions that will bring ease to your everyday life. In the marketplace, you will find sensors to ease and enhance your life.

Presenting Nitro’s IoT Marketplace

We are launching the Nitro IoT marketplace, and here’s what you need to know. Nitro’s IoT marketplace will help individuals and businesses gain access to an ecosystem of connected solutions and devices. Individuals can now gain access to ready-to-use IoT solutions and services that will enhance the quality of their lives. It will be a one-stop store that will offer a wide selection range of multiple kinds of sensors such as Ambience monitoring sensors, Environmental monitoring sensors, residential and commercial sensors, kits and Gateways. In addition, all the sensors are loraWAN compatible and can be connected with our NITRO ION MINER (LoraWAN Gateway), this gives users room to design their own kits or buy curated Kits to create a smart ecosystem for themselves.

Rewards

It goes without saying that early adopters are integral to the success of a product, and we have always reiterated that we strongly value and hold our community in high esteem, and as such, we are always on the lookout for ways to give back to our community. Our vision is to drive the mass adoption of IoT across the globe, and we will reward early adopters in our community who choose to live smart lives with Nitro with up to 350 NCash* per epoch. We will share more details on the rewards plan in our next article, please keep your notifications on, Find more details here. (*T&C apply)

Bringing IoT to everyone

With each passing day, IoT opportunities and benefits to enhancing human life continue to grow, the launch of the Nitro IoT Marketplace will make these opportunities and benefits more accessible to individuals and businesses for whom the benefits of connected devices have been, until now, out of reach. With the marketplace launch, we are making progress with our vision to create a connected world by keeping technology, community, and NCash at the core of it.

😍😍 The Launch Offer 😍😍

As we launch, we want this to be bigger than ever. As a bonus, the first 100 orders on our IoT marketplace will receive 50% cashback* in NCash. In our IoT Marketplace, you’ll also receive our Nitro IoN Miner (aka LoRaWAN Gateway) free when you place an order of $200 or more.

What are you waiting for? Go and start your smart journey now!

*Terms and conditions for the launch cashback offer:

  • The maximum cashback amount under the 50% launch offer is $200
  • If you are an NFM holder, you will receive an absolute 50% cashback in NCash
  • Offer is valid for first 100 orders only
  • Beginning in March 2023, cashback will be distributed over a five-month period paid monthly.
  • As a basis for distributing cashback, NCash price will be taken as a 30-day average
  • NCash cashback distribution will happen on wallets with Avalanche network. (Details on the cashback process (claim or airdrop) will be announced later).

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About Nitro Network:

Nitro Network brings affordable and secure IoT solutions for you. The company is building the largest decentralized private communication network (PCN) using the LoRaWAN IoT devices. These devices enable your gadgets to communicate using 3G/4G/5G technologies. This hyperconnected network will enable unlimited use cases in your everyday life. Participants of Nitro Network’s decentralized PCN are part of an inclusive ecosystem that they own, operate and earn from. Nitro Network’s PCN will be a game-changer and has its proprietary token, NCash, at its core. On Nitro Network, everybody wins!

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