A Brief Look at the Upcoming SmartContainers ICO

SmartContainers is a high-tech organization based in Switzerland whose main goal is to try and make significant changes to the logistics sector by creating temperature controlled containers for food and pharmaceutical products all over the supply chain. Through this, they will be able to eliminate paper trails and thus make room for the automation of their highly innovative containers via smart contracts and their new cryptocurrencies.

How the ICO Works.
SmartContainers is looking to create an ecosystem known as Logi Chain, which is basically an integrated logistics system, backed by seamless blockchain technology for the stakeholders and the industry. LOGI Chain is expected to a fully accessible logistics system that will help in the facilitation of the organization of various types of shipment and administration by using blockchain technology. This allows investors to create completely autonomous containers that can invoice themselves through cryptocurrency.

The entire process is expected to work as follows.

Virtual Representation - Here, a logistics unit which is normally in the form of a small package, container, or another type of product is replicated by a virtual product which is represented on the Logi Chain as a virtual chip.

Virtual Chip - The virtual chip is completely virtual and is accessible by all the stakeholders at very minimal costs.

Embedded Data - Various types of documents, data, and attributes of the product can be embedded or inserted into the virtual chip and then made available to relevant parties that may require them during the supply process.

Token Utility and Economics
SmartContainers will be issuing two types of coins namely: LOGI and SMARC.

SMARC.
SMARC tokens are ERC20 dividend tokens which are capable of giving stakeholders up to 20% of any future profits. Stakeholders are able to gain a dividend from the containers' operations, but there is also a good chance of them acquiring potential exit gains through an Initial Public Offering in the long term.

These dividends and any future exit profits are expected to be paid in the form of ETH tokens. It is important to understand that SMARC tokens are not utility type tokens and can only be used for the sole purpose of raising capital backed by the success of the company's smart containers.

LOGI.
LOGI tokens are also ECR20 tokens that are going to be used to support the payment of all the smart contract transactions. The LOGI tokens themselves are utility type tokens that support the LOGI chain ecosystem whereby stakeholders can be allowed to use it to have access to a flawless and well-formed shipping process and also pay for it with all the data fixed into the blockchain. Although only approximately 20% of the LOGI tokens are expected to be made available during the public sale, it is highly likely that LOGI tokens will maintain good long-term potential since it is completely covered by the utility of the LOGI chain ecosystem.

SmartContainers is already a well-established business that seems to have everything going well for it. It features several innovations such as groundbreaking technology that is fully protected by patents, strategic partnership with other major brands, a strong and reliable team, and a use-case that has been proven which would greatly help to enhance the credibility and efficiency when it comes to transporting sensitive food and pharmaceutical products. The move to a blockchain type development system may be somewhat new to the company and its business operations, but the significant waves they've been making with their hardware definitely make it a worthwhile investment.

Official Website Link: https://smartcontainers.ch/en/
ANN Thread Link: https://bitcointalk.org/index.php?topic=3058528.0
Telegram Group Link: https://t.me/smartcontainers
Bitcointalk profile Link: https://bitcointalk.org/index.php?action=profile;u=2153838