SMARC ICO ANALYSIS. Part 2: Why have to release SMARC tokens?
As in previous articles, we analyzed the necessity of the LOGI CHAIN ecosystem. But Smart Containers Group is emitting two dollars to raise USD 40m: LOGI coin and SMARC coin. So why have to release SMARC tokens? We will learn together
The Smart Containers Group wants to grow its business with a global standard for delivering high value food and pharmaceutical products in a sustainable manner. In order to expand the scale of its business, the management decided to settle the $ 36 million cryptocurrency community through the issuance of a SMARC token in the form of a 20% profit margin in the future.
SMARC Token (SMARC) is a profit sharing notice: 20% of the future dividends and outflows will be paid to the cardholder.
| Why does it raise funds through an ICO rather than Venture Capital Companies?
It is in its company structure a highly lucrative target for Venture Capital & Private Equity investors. The goal however, is to rely on a larger network of involved supporters and investors, which do not limit its entrepreneurial activities to financials, but supports it in a sustainable way. A fund raise through an ICO will allow Smart Containers Group to go beyond the current limitations, thus resulting in a wider reach of interested persons and an immutable audit trail of transactions on the Blockchain. The ICO will allow Smart Containers Group to keep control of all entities and not be forced to exit in a predefined amount of years.
| How does it work?
Smart Containers's aim is to use the collected funds to continue pushing the following business areas:
- Continue scaling of SkyCell in both B2B and B2C
- Built up of FoodGuardians
- Built up of LOGI CHAIN Foundation
- Evaluate organic scaling vs. M&A regularly
- Evaluate IPO at given time
| Use of collected funds
| ICO Detail
SMARC Coin
Ticket: SMARC
Token type: ERC20
ICO Token Price: 1 SMARC= 0.432 USD
Total Tokens Supply: 150,000,000
Available for token Sale: 80%
Accept: ETH
Pre-Sale: mid-March, by invitation.
25% discount
Crowd Sale: End of March; 11% of tokens
First third: -15% discount
Second third: -10% discount
Final third: -5% discount
WEBSITE | WHITEPAPER | TELEGRAM | TWITTER | BITCOINTALK ANN
Note
As is the case with investments in any security or asset, you should invest in ICOs and tokens only an amount you are willing to lose. Investments in the crypto market are high-risk, high-reward moves and investor due diligence is imperative.
Scam Alert
If you intend to invest in the project’s ICO, be sure to utilize the official project website. As disappointing as it may be, scammers are rampant in the crypto market and many try to scam investors through deceptive measures by identity theft of project leaders and phishing measures.
You should only contact official company social media profiles for your informational needs and queries, and you should invest in the ICO directly through the company website.