Meet the CargoCoin (CRGO Token) Full ICO Review

semensichev (28)in #ico • 6 years ago

CargoCoin. Logistics Crypto Branding Design.

What is CargoCoin?
CargoCoin will revolutionize the Trading/Logistics/Haulage/Transportation Industry using blockchain and digital currency, which in turn further fuels the growth of the Trading/Logistics/Haulage/Transportation, cryptocurrency and blockchain industry as a whole. CargoCoin is designed to be a smart contract & crypto currency platform, decentralising global trade and transport. The eco-system will be facilitating and optimising the interaction amongst traders, freight forwarders, ship owners, booking agents and other parties involved in the international trade and transport of commodities and cargoes. To me, it’s the millennium generation solution to connect the Trading/Logistics/Haulage/Transportation world to blockchain and cryptocurrency.

Using the CargoCoin Platform, users have the opportunity to experience a well-balanced eco-system based on cutting edge crypto security and frictionless interactions. The team is absolutely amazing and they have been working on CargoCoin as a whole for sometimes now. I have tracked the records of various members of the team and I can say that they are incredibly professional.

CargoCoin group, completely, every one of its representatives work for the advantage of the organization and are constantly prepared to help in any matter. If there are any doubts or questions, you can always contact support — technical support is ready to help at any time. They are dependably in touch and don’t dismiss any issue. For sure, at the present moment when we are discussing ICO ventures this reality is very crucial. All models made by the CargoCoin advancement group are freely accessible, at the present time you can acclimate yourself with and experiment with this platform. CargoCoin takes an interest in each conceivable crypto, blocking gatherings, and finish up genuine contracts.

How can businesses implement CargoCoin?
Businesses that wish to implement the CargoCoin platform into their existing business architecture can do so easily. This is because the CargoCoin platform is completely modular, which means that businesses can mix and match the various tools of the CargoCoin platform to fit their exact business needs. Businesses that don’t want to worry about customizing their documents can use standard forms and terms. Businesses can also create custom negotiated conditions and forms if they wish to. In this way, the CargoCoin platform is incredibly powerful because it provides a versatile tool.

Why blockchain?
A blockchain is a special type of data structure (ie a database), in which the data is set out and built up in successive blocks. Each of the blocks of data includes a small piece of data that verifies the content of the previous block. As a result, if an attempt is made to modify an earlier block in the chain, all of the later blocks cease to match up. Imagine that the database looks like a tower of Lego pieces which follow a particular sequence red-green-green-blue-yellow-red. If a change is made to the second block, the rest of the sequence upwards from the second block will change and become, say, red-black-brown-orange-purple-pink. The system that maintains the blockchain will be able to detect and reject the attempted modification, and this is what makes the blockchain tamper-proof, in other word, secured.

Blockchain technology is widely used in CargoCoin business processes which makes it impossible to substitute or lose financial data.

Using Smart contracts makes CargoCoin a reliable and impartial guarantor of fulfilling obligations to users of the system.

The CargoCoin blockchain technology delivers revolution to the trade & transport by fostering optimisation. CargoCoin solves a number of problems in the shipping industry:
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Reducing fraud
Lowering Cost
Minimising delay
Increasing Trust
Securing Information
Safe archiving

CargoCoin is designed to utilize the platforms, both as a secure transfer and storage method by the means of smart contracts, as well as a payment unit for transport services and cargoes. The CargoCoin concept fully unleashes the potential of crypto currencies to act, not just as a means of payment and store of value, but also as an interactive way of sending, receiving, approving, rejecting and signing documents through the process.

Why is CargoCoin needed?
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

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.

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,

Benefits of CargoCoin
What are the exact benefits of the CargoCoin platform that no other platform can provide?

CargoCoin uses the blockchain to revolutionize the transportation industry by eliminating inefficiencies and creating massive value for businesses in the industry.
CargoCoin will help with the following:

Reducing Fraud: CargoCoin minimizes the possibility of fraud by providing a wide new range of accountability and transparency, thanks to the immutability and high level of trust of the blockchain
Lowering Costs: CargoCoin will significantly lower costs for businesses by simplifying the fee structure. With CargoCoin, Businesses won’t have to worry about hidden fees from banks, brokers, and insurers. All fees are completely transparent, so businesses know that they’re being given a fair price.
Minimizing Delays: CargoCoin will minimize delays by providing all parties involved with instant exchange review for approval of documents and payments. In traditional systems, delays are often caused due to obvious inefficiencies. Thanks to the blockchain, CargoCoin’s platform works 24/7. Unlike traditional systems, CargoCoin’s platform does not require human intervention to work. Simply reducing these delays will add massive value to the industry, as payment delays alone cost businesses approximately $19 billion per year. Now that’s a lot of money!
Maximized Security/Trust: CargoCoin uses the public Ethereum blockchain for its platform. This allows for complete security for businesses. Ethereum is a proven and trusted technology. Because of this, Ethereum guarantees the maximum possible security for its users, and that includes businesses that use CargoCoin as well.
Why is the CargoCoin token valuable?
The benefits that the CargoCoin platform provides has already been stated. However, you might be wondering how the actual CargoCoin token itself fits into all of this. The CargoCoin token is used to facilitate smart Bill of Lading (B/L) and smart Letter of Credit (L/C). CargoCoin refers to it as “smart” B/L and “smart” L/C because the CargoCoin platform uses smart contracts which provides businesses with the benefits mentioned earlier.

The CargoCoin team
The CargoCoin team combined has decades of experience within their respective industries. The CargoCoin team consists of experts in blockchain development, experts in shipping and transportation, and experts in business/finance. Our team’s experience and expertise is second to none, and the CargoCoin team is working hard to make the goal of CargoCoin a reality: help businesses in the transportation industry save money. Furthermore, the expertise of CargoCoin’s advisers is unparalleled.

ICO and Cryptocurrency

ICO is crowdfunding via use of cryptocurrency, which can be a source of capital for startup or existing companies. In an ICO a percentage of the newly issued cryptocurrency is sold to investors in exchange for legal tender or other cryptocurrencies such as Bitcoin.

Why you should invest on Early Stage

Early stage and existing companies might worth extremely low and have huge potential to fast growing. Smart startup companies today can scale up hundreds of time faster than they could just a few years back. There’s never been better time to invest. This opportunity now available not only for venture capital or institutional investors, but for retail investors and for you too.

CRGO Tokens:

CRGO Tokens is a valuable digital asset, which will be used on CargoCoin platform and at the biggest crypto currency markets. With the help of ICO CargoCoin plans to attract the investment resources at a wide range. As suppose, the token sale will be interesting for the owners of digital assets, who would like to transfer them into the more secured investment tool and not to tremble anytime they hear the news about the possible Bitcoin rate falling.

CRGO token will be based on the newest ERC223 token standard as it will be available in the very near future, which has major improvements compared to the ERC20 token standard. The ERC223 allows for more advanced, precise and universal handling of smart contracts, required for the project, while at the same time avoiding potential token traps. The issued tokens will fully act as smart contracts programmed in Solidity and available as open source for everyone to review and inspect the code, thus serving all purposes of the project simultaneously.

In other to participate in the ICO, follow these steps below:

Purchase the tokens: CargoCoin will issue a number of CRGO tokens during the ICO.

Receive dividend payments: As a token holder, you have the right to receive payments equivalent to shareholder dividends.

Convert your tokens into shares: As a token holder, you also have the right to convert your tokens into Ordinary Shares

The funds raised will be used for development and gradual implementation of the platform and crypto currencies worldwide, across the transport of cargo and passenger industries. The initial coin offering (ICO) will allow for a wide range of interested parties to participate and support the platform and the tokens.

ICO Details:

The main ICO began on April 1, 2018 and will end on May 15, 2018. With the token price of $1, Soft Cap of 5,000 000 USD and Hard Cap of 55,000 000USD

Token Details:

Token: CargoCoin

Price: 1 CRGO = 1 USD

Platform: Ethereum

Accepting: ETH, BTC, LTC, Fiat

Minimum investment: 50 USD

Soft cap: 5,000,000 USD

Hard cap: 55,000,000 USD

Whitelist/KYC: KYC

FUND UTILISATION