Token: CXO

Global trade on the blockchain

ICO dates
Start date: 2018-01-23
End date: 2018-03-04

Registrated in: Slovenia

Platform: Ethereum
Type: ERC20

PREMIUM ICO Screenshot
CargoX categories
Infrastructure Business services
CargoX token sale
KYC passing required No | Whitelist No | Restriction for countries No
Soft cap 1,500,000 USD
Hard cap 7,000,000 USD
Token distribution in ICO
Price 1 ETH = 10,000 CXO
CargoX news, social
CargoX search trends in Google
Random whitepaper excerpts

Did you know?
Logistics are the backbone of all global trade.
Some 90% of all goods in global trade are handled
by the sea shipping industry each year, making
shipping one of the world’s biggest industries.
And this industry still uses one of the world's
oldest methods for issuing proof of ownership.
Paper. Around 400,000 trees are felled just for the
printing of Bills of Lading. Per year.
Whoever has the Bill of Lading owns the goods in
the container, making this piece of paper the most
important document in global logistics.
Blockchain and Smart Contracts are
made for this industry.

Table of Content
Did you know?�������������������������������������������������������������������������������������������2
Table of Content����������������������������������������������������������������������������������������3
Frequently Used Terms������������������������������������������������������������������������������5

The Go To Market Approach��������������������������������������������������������������������27
The Business Model�����������������������������������������������������������������������������������������������������������������������������������28
Benefits of using Smart B/L in contrast to Paper B/L
The SWOT Analysis������������������������������������������...

Frequently Used Terms
A Bill of Lading (sometimes abbreviated to B/L or BoL) is a
document issued by a carrier (or his agent) to acknowledge
receipt of cargo for shipment. In British English the term relates
to sea transport only, and in American English to any method of
transportation of goods.
The Incoterms rules or International Commercial Terms
are a series of predefined commercial terms published
by the International Chamber of Commerce (ICC) relating
to international commercial law. They are widely used in
international commercial transactions or procurement
processes as their use in international sales is encouraged by
trade councils, courts and international lawyers.
A Letter of Credit is a written commitment by a bank issued
after a request by an importer that payment be made to the
beneficiary (exporter), provided that the terms and conditions
stated in the L/C have been met. A Letter of Credit i...

Consignee (Cnee)
Smart contract
An import is a good or goods brought into a jurisdiction,
especially across a national border, from an external source.
The party bringing in the goods is called an importer. An
import in the receiving country is an export from the sending
country. Importation and exportation are the defining financial
transactions of international trade.
Someone who provides or sends goods for shipment,
by packaging, labelling, and arranging for transit, or who
coordinates the transport of goods.
A freight forwarder, forwarder, or forwarding agent, also known
as a non-vessel operating common carrier (NVOCC), is a
person or a company that organises shipments for individuals
or corporations to get goods from the manufacturer or
producer to a market, customer or final point of distribution.
A common carrier in common law countries (corresponding
to a public carrier in civil l...

Smart B/L
CXO ERC20 token
Permanent Encrypted
Decentralised Data
The blockchain-based Bill of Lading developed by CargoX
preserves all paper B/L legacy features and enhances them
with benefits offered by the decentralised ecosystem, including
speed, security and transparency. Additionally it provides a
base for further integration of value-added features such as
smart contract L/C, insurance, etc.
CargoX Ethereum ERC20 utility token (ticker symbol CXO) will
be used as a core part of our digitalised business model; it will
allow partners to interact with Smart B/L Dapp. Tokens will
be used for sending, archiving, changing ownership and also
as payment solution for logistic services offered by selected
logistic partners. ERC20 defines a common list of rules that
any token based on Ethereum has to implement.
Storing any large amount of data, such as years’ worth of
documents on the blockchain, opens several potential security

CargoX will transform the global shipping industry by securing
“Bill of Lading” documents using blockchain technology, thus
providing a way for importers and exporters to exchange
those documents digitally, securely and without counterfeit in
an open environment.
CargoX aims to disrupt the container shipping industry
through the creation of decentralised and open protocols,
tools and utilities for the exchange of shipment ownership (Bill
of Lading) documents in the logistics industry.
With Smart B/L we will change today's physical (paper) proof
of ownership used for claiming cargo at the destination port
with blockchain-assisted digital proof of ownership, making
it more secure, instantly transferable, easier to archive and
massively cheaper than the current (paper) solution.
CargoX will connect producers, importers, freight forwarders
and other involved parties in a well-balanced ecosystem
based on trust and frictionless interactions, provi...

million TEU
merchant ships
billion tons trade
An Introduction to the
Sea Shipping Industry
For an industry that plays a considerable part in running the
global economy, most people are unaware of the enormous
complex system behind it that touches almost every single
thing you use. From the chair you are sitting on to the
computer you are typing on and to the steering wheel in your
car, all those things were made possible thanks to an industry
that has been operating since man learned to float.
At any given moment there are approximately 20 million
containers travelling across the oceans, bringing goods from
producers to local markets. The total annual global volume is
200 million TEU (Twenty-foot Equivalent Unit = 20’ container).
There are over 50,000 merchant ships trading internationally,
transporting every kind of cargo. In 2015, for the first time
in history, world seaborne trade volumes surpa...

CargoX Roadmap

October 2015
Brainstorming and Market Research.
A team of experts from IT and logistics created a concept of a transparent, user- friendly and very fast container shipping platform.
The idea for 45HC was born.
March 2016
For the rst time, customers have instant shipping rates through several providers.
From all over the world to their warehouse, without any hidden fees or excuses.
Accepted to ABC Accelerator and gets rst small Angel investment.
August 2016
The is completed with all MVP features.
New responsive design raises market attention and attracts many new customers.
45HC becomes known as the skyscanner for cargo transport.
December 2016
After a great year, we nally sign our 100k+ angel investment.
This year we win PODIM’s Pitch challenge competition, we are the winners of the EBAN Winter University competition in Zagreb, and we also become Websi champions.
July 2017
The team now has 10 members and our growth was over 600% on container volume on last year (whole year).
August 2017
Out of the desire to simplify the paper-plagued world of Bill of Lading documents, CargoX is born.
CargoX and 45HC are complementary products that bene t from synergies.
November 2017 Pre-ICO preparation.
The team is built, we attracted several key advisors.
Raising additional funds through the ICO will help us implement our vision of the future of global trade.
February 2018 ICO.
The ICO will run in February and allow everyone to buy CXO tokens.
Q1 2018
First Crypto Cargo Payment option.
CargoX CXO token will be added to as a payment method.
Buying CXO tokens at ICO could reduce importers’ transport costs by up to 90%.
Q1 2018
Release of B/L eXchange protocol.
We will be releasing our B/L eXchange protocol and announcing the rst beta trial Smart B/L sea-freight shipment.
Q2 2018
Smart B/L dApp.
Release of Smart B/L eXchange dApp. We have already signed an NVOCC (non-vessel operating common carrier - one of top 10 in the world) for the test trial.
The Smart B/L will be issued in Asia for a container shipment from Asia to Europe.
Q2-Q4 2018
First customers.
Adoption of rst NVOCCs, importers and exporters.
Q1-Q2 2019
Add-on features (Banks & Insurers).
Extending the protocol to accommodate L/C instrument equivalents, insurance agreements.
Q3-Q4 2019
CXO as a settlement instrument.
Upgrade of the protocol to allow for on-chain settlement, rst by using CXO token, immediately followed by selected “stable” tokenised currencies. Potential candidates include MakerDAO’s DAI and DigixDAO’s DXO.
Gašper Šetinc
Gašper Šetinc Product Manager

Janez Kranjc
Janez Kranjc Blockchain Developer

Primoz Mavsar
Primoz Mavsar Designer

Jaka Mele
Jaka Mele Marketing & PR

Jure Tomc, MBA
Jure Tomc, MBA Business Developer

Una Softic
Una Softic Community Manager

Peter Selekar
Peter Selekar Digital Advertising

Peter Merc
Peter Merc Legal (Lemur Legal)

Damjan Kralj
Advisors Damjan Kralj

Otmar Zorn
Advisors Otmar Zorn

Peter Kern
Advisors Peter Kern

Yu Fan
Advisors Yu Fan

Jaka Mele
Jaka Mele
Marketing & PR
Blockchain Specialist
Peter Merc
Peter Merc
Legal (Lemur Legal)
Legal advisor
Legal crypto council
Legal Counseling
Legal advice
Legal Advisor
Blockchain Legal Expert, co-founder at Lemur Legal. Coalichain Ambassador in Slovenia.
Advisor, legal
Business advisor
Julien Coustaury
Julien Coustaury
Founding Partner at Fil Rouge Capital
Business Development & Investments Advisor
Jure Poljšak
Jure Poljšak