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About CargoCoin(CRGO)

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What problem does CargoCoin solve, and how exactly does it do so?

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.

How is the idea monetized? How do the token holders profit from that?

CargoCoin platform options provide 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!

Other important information

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.

Team

CargoCoin's team members.

Bogomil Alexandrov

Bogomil Alexandrov

Co-Founder & lead developer at CargoCoin

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Martin Iliev

Martin Iliev

Co-Founder at CargoCoin

Linkedin
Christina Sarastova

Christina Sarastova

Shipping & Transportations specialist

Linkedin
Kaushik Ghosh

Kaushik Ghosh

Blockchain Developer

Linkedin
Iva Kitova

Iva Kitova

Graphics Designer

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Luben Kazanliev

Luben Kazanliev

Legal Advisor

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Roadmap


 
Q3 2017 - Start of Idea We started the idea of integrating the shipping platform with blockchain payments and smart contracts.
Q1 2018 - ICO Preperation Preparing the Initial Coin Offering for CargoCoin, gathering a team, selecting advisors, preparing whitepaper
Q2 2018 - ICO Launch Launching the Initial Coin Offering for CargoCoin
Q2 & Q3 2018 - Smart Contracts Programming of smart contracts on the ERC223 platform, testing and evaluation
Q3 & Q4 2018 - Development Stage 1 Development of the global shipping platform, connecting importers, exporters, ship brokers, forwarders, ship owners, etc. (Stage 1). Developing mobile application.
Q1 2019 - Blockchain Integration Implementing blockchain smart contracts as core part of the shipping platform
Q2 2019 - Launch Stage 1 Launch of the global shipping platform
Q2-Q4 2019 - Marketing Stage 1 Year 2019 will be devoted to marketing and promoting the global shipping platform
Q4 2019 - Development Stage 2 Starting the development of an inland transport platform (Stage 2)
Q1 2020 - Launch Stage 2 Launch of inland transport platform
Q2-Q4 2020 - Marketing Stage 2 Marketing of the inland transport platform
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Quick notes

Profit Analysis

The market is there, and a blockchain solution is surely a good approach - but the hard cap is set pretty high and in addition to that, 40% of the tokens are not sold. This makes the growing of the value per token harder, though we have seen on a lot of examples that this is not a big obstacle if the project evolves well.

Score: High

Tokenomics

Token Info

Total tokens: 100,000,000 Available tokens: 60,000,000 Price: 1 ETH = 350 CRGO Soft Cap: $5000000 Hard Cap: $55000000 Buy with: BTC LTC BCH BLK DASH DCR DGB DOGE ETC ETH EXP KMD LSK NAV NMC MAID PIVX POT QTUM STRAT SYS VTC USDT WAVES XMR XRP Platform: Ethereum Location: United Kingdom Restricted: USA

Other Info

MVP/Prototype: No Escrow: Yes Category: Transportation

User ratings

Rate the Profit Potential

What problem does CargoCoin solve, and how exactly does it do so?

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.

How is the idea monetized? How do the token holders profit from that?

CargoCoin platform options provide 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!

Other important information

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.

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ICO Champs investors rating

Overall Rating

 
3.3

Hype

Medium-

Profit Potential

High

Risk

Lowered