CargoCoinICO team member replied on 13 Jul 2018
About CargoCoin
CargoCoin - Revolutionaising Global Trade and Transport by Decentralisation.
CargoCoin is designed to be a smart contract, crypto currency platform, decentralising global trade and transport. The platform target is to facilitate and optimise the interaction amongst traders, freight forwarders, shipping lines, booking agents as well as all other parties involved in the international trade and transport of commodities and cargoes. The platform users experience outlines well-balanced ecosystem based on cutting edge crypto security and frictionless interaction.
CargoCoin objective is to provide a global marketplace environment and utilities for facilitation of trade, transport, exchange of documents and payment options at low cost in real time. The platform architecture is based on the principles of high level of security, transparency, traceability and accountability. It is set up in a way that the participants can take advantage of any part of it alone, or in combination with other sections. It can be used as a very simple platform or as a complex smart contract utility with various payment options. The link between physical trade and transport with online crypto technologies delivers the opportunity for implementation of a large scale project and allows for further expansion.
CargoCoin platform provides infinite possibilities for added value to the users and the participants. All utilities on the platform operate with CargoCoins. The ultimate aim is boosting demand and facilitating the usage of the tokens. CargoCoin Team interest is set in line with the interest of the ICO supporters.
Ratings
Igor Karavaev
ico advisor and investor
Rated on Apr 28, 2018
Rated on Apr 28, 2018
4
3
3
9%
This rating's weight is reduced by 50% as there is no review added.
Tran Van Tinh
ICO Advisor | ICO Communications Expert
Rated on Jun 5, 2018
Rated on Jun 5, 2018
5
5
4
17%
Team is strong with a lot of experiences especially advisors. However, it is not new as I have seen several projects jumping in the industry so how to make yourself unique from them is still a question to me.
Another concern is about your pricing scheme which seems to be high while the market nowadays is usually dumping right after the tokens listed on exchanges. This could make investors hesitant to invest and it is hard to reach hard cap.
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0
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CargoCoinICO team member replied on 13 Jul 2018
While CargoCoin may seem similar to other projects, there isn't a single other project in existence like CargoCoin. We will be connecting all transport sectors into a single unified logistics platform. No one else has ever done it before, both using blockchain and without the blockchain.
Nozomu Nakazato
ICO consultant
Rated on Aug 15, 2018
Modified on Aug 15, 2018
Rated on Aug 15, 2018
Modified on Aug 15, 2018
5
3
2
13%
Although it is a fierce market, the team has solid experience. Hardcaps are huge and tokens are also expensive. What kind of calculations will you plan to achieve hard caps?
MVP does not work and I am concerned about procuring hardcaps.
Japanese translation is meaningless and will confuse Japanese investors.
+6Agree
+6
Disagree
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Abishek Mittal
ICO Advisor | ICO Consulting | Project Review |MBA Finance and Strategy |9+ Years of Corporate Experience | Crypto Trading and Investing
Rated on Jun 30, 2018
Rated on Jun 30, 2018
3
4
3
9%
Pros:
-Team KYC passed.
-Well planned tokenomics with vesting period.
Cons:
-How is the solution deemed to be different from other similar projects such as Shipchain, CargoX?
-Tough competition in this space to market the product.
-Platform launch planned in Q2-2019, no MVP available.
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CargoCoinICO team member replied on 13 Jul 2018
CargoCoin is very different than ShipChain (which was shutdown by the SEC) and CargoX (free space containers only). Both platforms will operate only in the shipping industry sector, while CargoCoin is planned to combine all transport means into a single unified platform for transport. We will also launch a marketplace for cargo where manufacturers could present their goods and their customers could book & manage the shipments directly.
To summarize it - while ShipChain & CargoX may seem similar to CargoCoin - their operations are just a tiny fraction of what CargoCoin aims to be.
To summarize it - while ShipChain & CargoX may seem similar to CargoCoin - their operations are just a tiny fraction of what CargoCoin aims to be.
Ruben Cisternino
Business Development, ICO Advisor
Rated on May 19, 2018
Rated on May 19, 2018
5
4
3
9%
The team has really solid experience in the shipping and transportation business and seems the know exactly how to leverage on their network of relationships, contacts and skills. The analysis of the market and the design of the idea and project is remarkable, yet not breaktrough.
Nevertheless, a big competitive advantage on the competitors can be represented by the wide offer of services offered, ranging from manning recruiting to letter of credit.
The smart contracts will also be able to adapt to all types of transport and to any kind of smaller niche of the market. The roadmap is very long, as we can expect from such a complex project, but that add risk to the investment.
It's interesting the choice to use Erc223 over erc20 token, that, other than promising to reduce the need of gas for tx, seems also more appropriate for the intended use of the utily token cargo.
Finally, offering a free platform with no monthly or annual fees makes the growth of the adoption the only source of value creations for investors in the ICO.
+1Agree
+1
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Liu Dong
Managing Director, Accenture Labs Beijing
Rated on Apr 20, 2018
Rated on Apr 20, 2018
4
4
3
3%
Great Vision, good partition of the overall market into 4 stages. Even stage 1 is huge!!! I would love to see a geographical focus area and expansion plan. Big player buy in is very important.
+1Agree
+1
Disagree
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CargoCoinICO team member replied on 13 Jul 2018
CargoCoin will start off with Europe as a geographical focus, as these are where our main connections are and will expand to Asia, Africa and Americas.
Our MVP is on the way and will be ready by the end of the summer.
Our MVP is on the way and will be ready by the end of the summer.
Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.
Ratings and ICO analyzer results are being updated (re-calculated) every few hours.
Team
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Founder
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Financial
Token info
Token
CargoCoin
Platform
Ethereum
Type
ERC223/ERC20
PreICO price
1 CRGO = 0.5 USD
Price in ICO
1 CRGO = 1 USD
Bonus
| Pre-ICO | 50% |
Tokens for sale
65,000,000
Investment info
Min. investment
100 USD
Accepting
ETH, BTC, LTC, Fiat
Distributed in ICO
65%
Soft cap
5,000,000 USD
Hard cap
55,000,000 USD
Milestones
1
Q3 2017
START OF IDEA.We started the idea of integrating the shipping platform with blockchain payments and smart contracts.
2
Q1 2018
ICO PREPARATION.Preparing the Initial Coin Offering for CargoCoin, gathering a team, selecting advisors, preparing whitepaper.
3
Q2 2018
ICO LAUNCH.Launching the Initial Coin Offering for CargoCoin.
4
Q2 - Q3 2018
SMART CONTRACTS. Programming of smart contracts on the ERC223 platform, testing and evaluation.
5
Q3 - Q4 2018
DEVELOPMENT STAGE 1.Development of the global shipping platform, connecting importers, exporters, ship brokers, forwarders, ship owners, etc. (Stage 1)
6
Q1 2019
BLOCKCHAIN INTEGRATION. Implementing blockchain smart contracts as core part of the shipping platform.
7
Q2 2019
LAUNCH STAGE 1. Launch of the global shipping platform.
8
Q2-Q4 2019
MARKETING STAGE 1. Year 2019 will be devoted to marketing and promoting the global shipping platform.
9
Q4 2019
DEVELOPMENT STAGE 2. Starting the development of an inland transport platform (Stage 2).
10
Q1 2020
LAUNCH STAGE 2. Launch of inland transport platform.
11
Q2-Q4 2020
MARKETING STAGE 2. Marketing of the inland transport platform.
12
Q4 2020
DEVELOPMENT STAGE 3 . Developing of the universal trading platform, directly connecting manufacturers, fleet owners and customers.
13
Q2 2021
LAUNCH STAGE 3. Launch of the all purpose cargo platform.
14
Q2-Q4 2021
MARKETING STAGE 3. Marketing of the all purpose cargo platform at stage 3.
15
Q4 2021
DEVELOPMENT STAGE 4. Development of air cargo platform.
16
Q2 2022
LAUNCH STAGE 4.Launch of the air cargo platform
.
17
Q2-Q4 2022
MARKETING STAGE 4.Marketing of the air cargo platform.
18
Q4 2022
DEVELOPMENT STAGE 5. Development of supply chain platform connecting stages 1, 2 & 4 (shipping, inland and air transport).
19
Q2 2023
LAUNCH STAGE 5. Launching of the integrated platform.
20
Q2-Q4 2023
MARKETING STAGE 5.Marketing of the intermodal platform.