Dallas, Texas can participate up to $131 million in revenue generated over a 12-month period in our revenue model, if Dallas become a fully integrated Smart City. Dallas can participate in the net profits generated by monetizing the data that is captured by the road turtles. The above revenue example is only an assumption and not actual. The example of Dallas, Texas is only a financial analysis , if Dallas became a Smart City.*Please see notes and assumptions below.
Licensing fees will be a one-time fee for access to the platform to become a Smart City. The licensing fee will be refundable once a minimum is achieved from the sales of monetizing the data from the road turtles.
Royalty fees are charged yearly and are based on a city's population size. We will charge up to $0.50 cents per person. In the example above, the City of Dallas will pay a royalty fee of $691,135.00 per year.
Notes & Assumptions: The above revenue example is only an assumption and not actual. The example of Dallas, Texas is only a financial analysis , if Dallas became a Smart City. * DATA REVENUE STREAM CALCULATIONS: Calculated once per hour, data access can be accessed hundreds of times per hour, due to cell phones, cars, and Navigations systems, etc.. ** Dallas interstate miles multiplied by iRPM units. ***For every mile there are 7 iRPM units. Other information: In Dallas alone, 252,000 cars travel per day. Revenue – Numbers above reflect only $.01 per sensor. Selling of data typically range from .05 to .09 cents per sensor for data. The above numbers are only assumptions and not actual. The above does not reflect labor cost to install the units on the roadway.