Business services Cryptocurrency Infrastructure Investment Manufacturing Platform Smart Contract
KYC passing required Yes | Whitelist No | Restriction for countries USA
|Tokens for sale||65,000,000|
|Token distribution in ICO||
|Price||1 CRGO = 1 USD|
|Price in PreICO||1 CRGO = 0.5 USD|
|Acceppting||ETH, BTC, LTC, Fiat|
CargoCoin search trends in Google
GLOBAL TRADE & TRANSPORT
REVOLUTION BY DECENTRALISATION
The CargoCoin platform links the physical world of trade and transport to the blockchain.
CargoCoin’s foundation is based on two main pillars –
the first pillar being the online platform
allowing for various parties to connect and exchange information on cargoes, their transport
needs, as well as supplemental services. The second pillar are the smart contracts: those can be
used as just an electronic mean of recording the whole process from the offer to the delivery, or
could additionally be used to facilitate the actual payment, being it a direct payment, escrow
payment or escrow payment with partial funds release at various stages.
It is designed to attract a wide user base from a multi-billion dollars marketplace by introducing
and implementing free online services. The CargoCoin platform users
interaction in the services
sections naturally delivers demand for the
Table of Contents
What is CargoCoin?
Development of CargoCoin
Introduction to Trade & Transport
The CargoCoin Ecosystem
Participants & Target Audience
How the platform operates
The Shipping Transport Platform
Dry Bulk / Break Bulk
Essential services to the Trade & Transport
CargoCoin: Smart Utilities
Traditional Bill of Lading (B/L)
Disadvantages of traditional B/L
Smart Contract sB/L
How Smart Contract sB/L works
CargoCoin Smart Contract sB/L
Initial Coin Offering Terms
Token and Funds Distribution
Participating in the Initial Coin Offering
Team & Advisers
Glossary of terms
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.
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 s...
1.2. The Problem
The size of the transport industry is tremendous
the global value of the seaborne trade
itself is over $12 trillion (WTO statistics). The value of freight rates is USD 380 Billion is 2017
(UNCTAD). Although the shipping industry is one of the largest economic sectors it is the
least technologically advanced one. Today paper documents are issued for all shipped
cargoes, no matter of the transport means. All original documents are being sent by
couriers, taking time and money. All cargoes and freights are being paid for in traditional
via bank wire transfers or letter of credit. Those are expensive, slow and non-
confidential methods. Increasingly more often USD and EUR transactions are being
blocked for weeks by US correspondent banks. Anyone in the industry has encountered
that problem. Original documents delivery delays and money transfer delays cause
unaccounted extra costs, opportunity cost & depreciation of assets, while disturbing a
estimated that payment delays alone cost around $19 billion per year (*UNCATD) in
relies on the public infrastructure of the Ethereum
blockchain, backed by thousands of people in a peer-to-peer decentralised
infrastructure. Using a proven and trusted technology speaks for itself.
is naturally secured. It relies on the blockchain’s
proven hashing algorithm technology. There is no possibility of sensitive commercial
information leakage by intermediaries, such as banks, brokers, agents, etc. While it is
fully confidential it also allows for full publicity of the transactions details that are to be
visible by all parties and the public.
, not just allows but fully relies for full historic storage of all
transactions ever conducted, thus avoiding risks of physical loss or destruction of
2. Introduction to Trade & Transport on a Global scale
Transport is a key element of the
international trade. Any physical
commodity or good which is
manufactured and traded is to be
delivered. Transport enables trade
between people, which has proved to be
essential for the development of
civilizations. The right mode of transport is
fundamental to ensure efficient and cost-
effective trade. The right partner, at the
right time and right price is essential in order to achieve efficiency. There are four ways of
sea, road, rail and air. In most cases more than one type of transport is used.
The shipping industry is the least technologically developed economic sector. This fact
allows us to introduce the CargoCoin and penetrate the global marketplace at faster pace
with relatively low competition.
Brief statistics of the financial aspects of the industry and the potential market.
10.3 BILLION tons in 2016 -
3. The CargoCoin Ecosystem
3.1. Participants & Target Audience
platform target extends globally to any trading company or individual,
shipping line, freight forwarder, ship broker and other parties involved in the global trade
and transport. The Platform has 2 cores i.e.
SERVICES & UTILITIES.
Maritime transport is the
least technologically developed industry. This is the reason behind the decision to start off
with this particular sector.
(no monthly or annual fees) & they are designed to create a global
marketplace for trade & transport. Wide user base is a prime objective. The platform
make the use of CargoCoins and generate demand. The Demand for CargoCoin
and appreciation of its value is the ultimate objective of the ICO. The interest of the
Founders, the Team and the ICO Supporters are fully synchronized. Details on how the
platform operates are reviewed in section 4. <...
START OF IDEA.We started the idea of integrating the shipping platform with blockchain payments and smart contracts.
ICO PREPARATION.Preparing the Initial Coin Offering for CargoCoin, gathering a team, selecting advisors, preparing whitepaper.
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)
BLOCKCHAIN INTEGRATION. Implementing blockchain smart contracts as core part of the shipping platform.
LAUNCH STAGE 1. Launch of the global shipping platform.
MARKETING STAGE 1. Year 2019 will be devoted to marketing and promoting the global shipping platform.
DEVELOPMENT STAGE 2. Starting the development of an inland transport platform (Stage 2).
LAUNCH STAGE 2. Launch of inland transport platform.
MARKETING STAGE 2. Marketing of the inland transport platform.
DEVELOPMENT STAGE 3 . Developing of the universal trading platform, directly connecting manufacturers, fleet owners and customers.
LAUNCH STAGE 3. Launch of the all purpose cargo platform.
MARKETING STAGE 3. Marketing of the all purpose cargo platform at stage 3.
DEVELOPMENT STAGE 4. Development of air cargo platform.
LAUNCH STAGE 4.Launch of the air cargo platform
MARKETING STAGE 4.Marketing of the air cargo platform.
DEVELOPMENT STAGE 5. Development of supply chain platform connecting stages 1, 2 & 4 (shipping, inland and air transport).
LAUNCH STAGE 5. Launching of the integrated platform.
MARKETING STAGE 5.Marketing of the intermodal platform.