The Smart Containers Group: The SMARC Token and LOGI Token ICO Review
Have you ever considered the logistical challenges that globalization poses to temperature-sensitive goods, such as foods or pharmaceuticals? Of the $1.1 trillion worth of pharmaceuticals produced annually, 40% degrades before it even reaches the consumer. And this is after $13 billion has gone into transporting the drugs. Likewise, the demand for fresh, perishable food is rising in industrialized countries, which raises the challenge of food preservation and safety.
Smart Containers Group
Clearly, the global logistics market leaves room for any disruptive company, which pushes the logistic boundaries and solves this pressing problem. Fortunately, one corporation - the Smart Containers Group - is doing just that. Registered in Switzerland, the group combines state-of-the-art hardware and blockchain software to make temperature-controlled containers.
This way, the group increases its success rate by 75%, an unmatched achievement that has raised Smart Containers to the top of its market segment. As we speak, the corporation currently operates the largest number of automated containers in the world, which you can track and monitor remotely.
Smart Containers has two divisions, SkyCell to handle pharmaceuticals and Food Guardians to deliver food products. And leading them is the group CEO Richard Ettl, the company’s co-founder and an engineer by profession. Working alongside him are Nico Ros, head of technology and co-founder; Carla Bunger, head of marketing; Thomas Taroni, head of information technology; and Andreas Ernst, the CFO. All have honed their skills in the private sector, working on blockchain technology.
Thoughts on the Smart Containers Group
I firmly believe that Smart Containers is both a company to admire and to emulate. And here’s why. Unlike most Initial Coin Offerings (ICOs) that are only limited to ideas on a whitepaper, the Smart Containers ICO moves beyond ideas and into reality. The company is a reputable, fully-operational, fast-growing institution that generates profits.
And together with its two equally-reputable strategic partners, Cargolux and Emirates, it serves prominent clients around the world, including Novartis and Roche among others. As you can imagine, such an alliance inspires confidence in not just me. Investors, too, think that the company is on the right track, and it’s, therefore, worth investing in. Why else would they sink at least $25 million into it so far?
Moving on, I also find the company’s research and development efforts as well as its collaborative efforts impressive. So far, it has registered 96 hardware and software patents, a number that’s set to increase in the future. The ICO, therefore, allows the group to develop further its logistics infrastructure using blockchain payments and tracking. If you ask me, this strategy is a clear path to creating an autonomous shipping package as the company hopes.
Smart Containers Group’s Innovations
Two innovations lie at the heart of the Smart Containers Group strategy - insulation and blockchain technology. After 100,000 hours of research, the group produced a thin, lightweight, fully-recyclable insulation that’s five times more efficient than traditional insulation. It is this insulation that lines SkyCell and Food Guardians containers.
I was surprised at how efficient the material is. Besides reducing a container’s weight by 30%, it also increases its payload by 50% and limits the temperature difference to only 0.1%. As a result, Skycell has reduced the cost of transporting pharmaceuticals by 20%, making it the fourth-largest establishment in the market.
Although Food Guardians containers are in the final development stages, they also hold as much disruptive potential. Remember, unrecyclable Styrofoam containers are the food industry’s standard. In contrast, Food Guardian containers will be automated, reusable, and better suited to different applications
Besides insulation, the automated containers use blockchain integration to cut logistical and financial costs. For instance, sensors within a container track its temperature and humidity before sending data to centralized databases. Blockchain technology then automatically analyzes and stores these data points, thus removing the need for hundreds of documents per shipment or for manual input.
However, the technology stores public information public blockchains like Ethereum and private data on restricted blockchains like Fabric. Finally, all payments are made in cryptocurrency tokens, further increasing the system’s efficiency.
The ICO
To scale up its business, the Smart Containers Group hopes to raise $36 million through a SMARC coin token and $4 million through a LOGI coin token. Of the proceeds from the first token, $15 million will go into SkyCell, $13 to Food Guardians, $2.4 million into marketing, $2 million into container development, and $3 million into reserve. With that said, 20% of SMARC coin profits will be given back as dividends.
From the second token, which is meant to create a LOGI CHAIN for all industry players, $1.55 million will go into IT development, $1.5 million into LOGI CHAIN, $0.75 million into marketing, and $0.2 million into operational fees. The discounted ICO pre-sales, capped at $16 million for SMARC coins and $1.5 million for LOGI coins, runs from April to May.
On the other hand, the public sale runs through May and has a $5 million cap for SMARC coins and a $1 million cap for LOGI coins. The two tokens will be listed on secondary markets about 3 months after the ICO and can be bought using Bitcoin, Ethereum, Euro, US Dollar, or Swiss Franc.
Conclusion
Because of its potential, I’m confident that this ICO is worth investing in. So for more information on it, go to https://smartcontainers.ch/
Website: http://smartcontainers.ch/
Whitepaper: https://goo.gl/g3edH2
Telegram: https://t.me/smartcontainers
ANN: https://bitcointalk.org/index.php?topic=3058528.0
Facebook: https://goo.gl/iKfyFk
Reddit: https://www.reddit.com/r/SmartContainers/
Youtube: https://www.youtube.com/channel/UC4NaVoE-RNhpvmSPN04Teaw/featured