ParcelX
ParcelX
Token: GPX


World’s First Blockchain-Powered Parcel Network

ICO dates
Start date: 2018-06-18
End date:

Registrated in: China, Japan, South Korea

Platform: Ethereum
Type: ERC223

PREMIUM ICO

ParcelX categories
Platform
ParcelX token sale
KYC passing required Yes | Whitelist Yes | Restriction for countries USA, China
Hard cap 60,000 ETH
Tokens for sale 300,000,000
Token distribution in ICO
30%
30%
Price in PreICO 1 GPX = 0.000268 ETH
Minimal investment 100 ETH
Acceppting ETH
ParcelX news, social
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Random whitepaper excerpts

Contents
Executive Summary............................................................................................................. 3
1. Introduction to Cross-border Parcel Delivery .................................................. 5
Overview....................................................................................................................................................... 5
Market Capacity.........................................................................................................................................6
Current Generations of Delivery Models.........................................................................................8
2. Problems in the Industry............................................................................................9
3. The ParcelX Solution ...................................................................................................11
ParcelX Model....................................................................................................

Executive Summary
Logistics is an industry of efficiency, scale, and most importantly: trust.
A single cross-border parcel may be scanned dozens of times along its
journey from origin to destination. These scans are the critical point of
handover for transactions and payments, and enable consumers to track
their package.
Effective and economic coordination among individual nodes to reliably
deliver parcels to their destination is the core
competitive advantage for any delivery
service.
The Global Parcel Network (ParcelX)
Tonglu
vision is to create a world where
anyone can be a trusted member of
Effect
the cross-border parcel delivery
ecosystem through revolutionary
blockchain technology.
Delivery giants like FedEx, UPS and national
postal services represent the
first generation
model:
establishing all delivery networks in-
house with enormous investment and time to
allow their network coverage to reach scale.

interoperability, information integrity and trust in parcel
delivery networks.
It will connect shippers, logistics service
providers, logistics integrators and consumers in a well-balanced
ecosystem, based on trust guaranteed by blockchain and seamless
interactions, saving time and money while ensuring optimal security,
transparency and traceability. Any new or existing logistics service
providers or logistic integrators, and even individual persons are welcome
to have their services linked through ParcelX. They will share service
requests within the platform while building their reputations as efficient,
transparent and low-cost providers.
Inefficiency, opacity, and costs due to centralized, unstandardized
models will be swept away by an architecture made possible through
blockchain and a closed-loop token ecosystem.
The crowdsourcing nature of the ParcelX platform lowers the barrier for
service providers and verified individuals to join the ecosystem to nearly
zero. I...

1. Introduction to Cross-border Parcel
Delivery
Overview
Cross-border parcel delivery network is the moving of parcels between
international locations through multiple carrier nodes. It involves these
key nodes in the delivery chain:
E-retailer
Overseas
Local
Pickup
Overseas
Warehouse
Operation
Overseas
Custom
Clearance
Shipping/
Air Freight
Local Port
Warehouse
Local Port
Custom
Clearance
Local
Delivery
Customer
Figure 1-1: Cross-border Parcel Delivery Flow Chart
The diagram above shows a typical cross-border parcel’s flow through
logistics nodes. Throughout the journey, logistics integrators have a role
in connecting the right resources to the right job. It’s shown that the
journey for cross-border parcel delivery is tediously long with multiple
carrier nodes across international locations. Currently, the whole process
is still heavily driven by manpower ...

Market Capacity
Global parcel volumes surged 48% between 2014 and 2016 and are set to
continue growing at double-digit rates. The growth rate is forecasted to
be 20% by 2018.
Cross-border e-commerce sites
are the main driver of growth in
cross-border parcel delivery
volume. Consumers want freedom
to shop anytime, anywhere and
via any device.
According to McKinsey
1
, in 2014
there were just 265 million online
cross border shoppers. By 2020,
Figure 1-2: Cross-border B2C Market by 2020
some 940 million online cross-
border shoppers are expected to
spend almost
$1 trillion on cross-border e-commerce transactions.
100%
71
30%
10%
2014
Value ($ billions)
476
1000
48%
100
10
1
2020
% of global market
The Asia Pacific region is the
largest buyer of cross-border
goods, with its market value
expanding from US$71 billion
in 201...

brokers with accompanying services.
4
From 2016 to 2018, the value of
China’s cross-border e-commerce market is predicted to rise from
RMB1.01 trillion to
RMB8.8 trillion.
5
The number of cross-border parcels
delivered is estimated to rise from 557 million to 928 million
6
,
a growth
rate of 60%.
1000
900
800
700
600
500
400
300
200
100
0
557
1.01
2016
10
928
9
8.8
8
7
6
5
4
3
2
1
0
2018
Value (RMB trillions)
Parcels (millions)
Figure 1-4: China Cross-border Parcel Market Forecast
China’s government has introduced numerous policies to encourage
growth of this industry, with the Ministry of Commerce tallying over
5,000 cross-border e-retail platforms and over 200,000 enterprises
conducting this business. One Belt One Road and its associated
inv...

Current Generations of Delivery Models
There are two generations of logistics providers existing today:
1st Generation: In-house Model
• These types of providers are highly centralized and
efficient because of their massive investment in
infrastructure and internal standardization, and do
not share their data with outside carriers. They are
able to deliver parcels relatively quickly and
dependably,
but at a much higher cost than other
providers.
• Examples: UPS, DHL, FedEx, EMS
2nd Generation: Integration & Franchising
Model
• Integration of existing service providers either by
franchising or business collaboration is an
alternative way to establish the global parcel
delivery network.
• Franchise logistics providers can provide lower
cost services to customers, but their network is
limited within the franchise's ecosystem which
mainly serve domestic customers, and their data is
also closed to outsiders.
• Cr...

2. Problems in the Industry
First generation providers give superior service,
but have high sunk
costs.
Because of this,
their services are more expensive
for all actors in
the nodes. Customers end up paying more for their deliveries in order to
gain more peace of mind, while
suppliers have limited choices
to fulfill
deliveries.
Second generation providers can achieve lower costs through their
decentralized structure, however the limitations of their solution's aging
architecture and the lack of data & service standardization among
scattered carriers means
they deliver inefficiently and with significant
gaps in traceability:
Ÿ
Different providers are not uncommon to interact through locally
stored spreadsheets, handwritten bills of lading, and telephone calls &
faxes which are inefficient and prone to errors.
Ÿ
Lack of trust in a parcel’s information results in redundant operations
like re-weigh...

ParcelX Roadmap

1
July 2018
Conclude token sale.
Begin ParcelX Network planning, development, and sandbox deployment.
2
October 2018
ParcelX v1 beta ready.
Begin migrating existing business to the ParcelX Network.
3
April 2019
Complete beta operations and expect stable & quality service.
Intensify business development campaign.
4
November 2019
Network reaches scale with more than 5million/month parcel volume.
Begin data-driven optimization and value-add service planning.
5
April 2020
Refine ParcelX Network with AI & machine learning.
Start beta testing of technology-driven value-add service.
6
October 2020
Premium service roll-out.
B2C services roll-out.
Planning of IoT integration when 5G adoption is widespread.
Shunri Guo
Shunri Guo CEO & Co-Founder

Yang Mingyi
Yang Mingyi President & Co-founder

Eric Gu
Advisors Eric Gu Blockchain Advisor

Zhoulong Yang
Advisors Zhoulong Yang Logistics Advisor

Daniel Santos
Advisors Daniel Santos Business Advisor

Chuan Jin (CJ) Fong
Advisors Chuan Jin (CJ) Fong Strategy Advisor

Ashish Gaurav
Advisors Ashish Gaurav Token Growth Advisor

Ashish Gaurav
Ashish Gaurav
Token Growth Advisor
Investment Banking for Standard Chartered Bank
Daniel Santos
Daniel Santos
Business Advisor
Business Developement
Business Advisor
Eric Gu
Eric Gu
Blockchain Advisor
Founder of Viewfin
Marketing Advisor
Strategy Adviser
Founder & CEO @ Metaverse
CEO and Co-Founder at ViewFin
Metaverse Founder &CEO