The advancement of the world with the advent of blockchain is a great relief to humanity across all sector. Hence Open Packaging Network has decided to birth one of the world best packaging decentralized global network. We will create an infrastructure for a trusted marketplace for merchants and purchasers of goods. This encompasses the current marketplace activities by swift delivery, safety, and quality of goods.
REVIEW OF PACKAGING MATERIAL MARKET
The packaging industry was valued at $839 billion and it is proposed to increase at 3.5% by 2020 which will yield $997 billion. This implies to exceed 1.3 trillion by 2024.
This for sure will increase the want of packaging materials (plastics, glass, metal, and paper).
There was a forecast of the most popular sectors of packaging industry with the Digital Packaging and labelling markets having a CACG of 16% between 2016 and 2022, Diary packaging market which is already at $23.03 billion to increase CACG of 3.62% by 2017-2022, while Alcoholic drinks and packaging market will increase to $34.14 billion by 2022.
This figure and analysis indicate the profitability and demand of the packaging market. But there are challenges.
THE CHALLENGES
The pertinent challenges ranges from over-estimating demand, inability to manufacture defect-free products and services without reducing the costs, delay in payment, lack of transparency which has reduced customers trust on products, reduced access to loans for investors, absence of a sustainable way of packaging, increase in the price of packaging raw materials, among others.
OPN SOLUTION TO THE CHALLENGES
OPN will unveil a marketplace for manufacturers and purchasers to have a common ground for business interactions. This platform will be void of challenges of the traditional system with incentives given for every good behavior, and a penalty for bad behaviors manufacturers and buyers of packaging materials. Also the transactions will be fast and secured with room for expansion and continous improvement.
OPN TOKEN SALE DETAILS
Private Sale Duration: 01.08.2018 - 31.08.2018
Main Sale Duration: 01.10.2018 - 28.10.2018
Token name: OPK
Token Standard: ERC-20
Token Total Supply (max): 50 000 000 OPK
Token to be sold: 30 000 000 OPK
Token Purchase price: 1 USD = 1 OPK
Min Purchase: 50 OPK
Max Purchase: 100 000 OPK
Soft Cap: $6 million
Hard Cap: $30 million
Accepted Currencies: BTC, ETH, USD, EUR, CHF
Token allocation: Automatic
Fund Allocation: Escrow
Unsold tokens will be reserved.
PURCHASES BONUS ALOCATION
In conclusion, the team behind this project are professionals and reliable to deliver the vision. Investors are encouraged to turn up for this great opportunity that will transform their finance to a lifetime opportunity that will yield massive turnovers in the dividend.
For more information on this project, visit the following links:
Website: http://www.opnplatform.com/
White Paper: https://drive.google.com/file/d/12MKdsHPQLQEqS5Ep9sO3BI30FJ1fGso-/view
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=4550928.0
Twitter: https://twitter.com/OpenPackaginNet
Facebook: https://www.facebook.com/OPN-Platform-178943839440080
Medium: https://medium.com/@openpackaging
Authored By: https://bitcointalk.org/index.php?action=profile;u=1023247