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CARGOCOIN - BLOCKCHAINING LOGISTICS

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Imagine the freedom of accessibility with no barrier of time to your products . What about, a chance that your documents will miss during dispatch or the courier company can miss a vital data or information, no matter how qualified and talented, no human specialist can store and process as much data in their mind as a computer ( AI technology), imagine a shipping world like that. Ask yourself the question, How would that make you feel?

CargoCoin in the bid to upgrade the transportation system to meet the fast increasing technology has created a blockchain facility that has upgraded the shipping aspect of the transportation industry into an online transportation system.

The Platform

Cargocoin platform is a blockchain-based platform designed to create a decentralized ecosystem to facilitate and enhance freight activities with the primary aim of increasing the demand for cargo coin token as well as easing the activities of freight forwarders, traders, shipping lines, booking agent and all other parties involved in the global and multinational trading/ transport of commodities and cargoes. This system seeks to provide a smooth and flexible method of trading/transport to the air, water, and inland transportation systems with means for secure storage and purchase, cutting across all transport systems with real-time protection and interaction. It links the physical world of trade and transport with the blockchain.

The Ecosystem

Despite the huge size and economical nature of the transport industry, it is still one of the least technologically advanced amongst other sectors of the global economy with many transporters, freight forwarders, and traders still facing numerous day to day challenges like exorbitant charges, lack of trust, and cumbersome documentation processes amongst others, hence, the need for a platform built to deliver optimal logistics services, ensuring hitch-free
and efficient operations in the industry. CargoCoin seeks to eliminate these challenges and optimize the system of trade by reducing fraudulent activities through a highly protected payment system, lowering charges, minimizing delays, increasing trust and mitigating transport related risk.

The development of Cargo coin has been structured to occur in four(4) stages namely: shipping, inland, air and cargo-all-purpose platform with the shipping platform being the first platform to undergo development. This shipping platform seeks to penetrate the multi-billion dollar shipping industry as a solution, service and utility provider. The utility provided is bound to generate the need for Cargo coin thereby increasing the value and also the demand.
Complexity in bank payment, time differences, delay payment, confidentiality, exorbitant fee hike and other issues are minimized, therefore motivating individuals and corporate entities to use the Cargo coin platform. Subsequently, this increases the need for cargo coin which is the method of payment on the platform. It creates a global market space for trade and transport services supported by smart contracts with enabled cryptocurrency payment methods. Cargo coin seeks to be the market leader in cryptocurrency, blockchain based service, and smart contracts platform because of its early and distinctive emergence.

Token Distribution

The ICO of the Cargo coin token CRGO is underway and it is being offered to the public to purchase, however, residents and citizens of the United States are excluded from participating due to regulations. CRGO is built on the Ethereum blockchain and was developed using the ERC223 standard.
The funds generated from the sale of tokens during the ICO would be used for the development of the platform.

Why CargoCoin?

The sheer size of the transportation industry is immense. The global value of seaborne trade is over $12 million. The value of freight rates in 2018 was $380 billion. Unfortunately although the transportation industry is one of the largest (if not the largest) industries in the world, there still have not been that many technological advances within the shipping industry in the last several decades. CargoCoin is a revolutionary technological improvement for the shipping industry. Businesses have also faced situations where payments for transportation have been delayed by banks. These bank delays are caused by major inefficiencies within the banking institutions. Deliveries can take weeks before they first begin their journey. These delays and excessive delivery times can lead to unexpected opportunity costs for a business. The CargoCoin platform removes these inefficiencies with blockchain technology.
Although unbelievable, this is completely true: original documents are still delivered using a courier. The fact that these documents are delivered by courier in the 21st century is absolutely ridiculous! You don’t need a genius to understand that. That takes up a massive amount of time and money for a business, when that time and money could be more efficiently used elsewhere.

Token Information

PRE SALE : 1 APR 2018 - 14 APR 2018
PUBLIC SALE: 15 APR 2018 - 15 MAR 2019
TICKER: CRGO
PLATFORM: ETHEREUM
ACCEPTING: BTC, LTC, ETH, DASH, DOGE, XRP many others
TOTAL RAISED: 60,000,000.00 USD
SOFT CAP: 5,000,000 USD
HARD CAP: 55,000,000 USD
TOTAL TOKENS: 100,000,000
AVAILABLE FOR SALE: 65%