CargoCoin CargoCoin

CargoCoin

ICO is verified by team Created using Figma
In-depth analysis - Yes Created using Figma

Last Update

Apr 8, 2018

CargoCoin Revolutionaising Global Trade and Transport by Decentralisation
ongoing
ICO
Apr 16, 2018 — May 15, 2018
Goal 55 000 000 USD
Cap 55 000 000 USD
Prices
  • From Apr 16, 2018 Till May 15, 2018 —
    1 CRGO
    =
    1 USD
past
pre-ICO
Apr 1, 2018 — Apr 15, 2018
Raised 1 247 819 USD
Goal 5 000 000 USD
Cap 5 000 000 USD
Prices
  • From Apr 1, 2018 Till Apr 15, 2018 —
    1 CRGO
    =
    0.5 USD

About CargoCoin

CargoCoin is designed to be a smart contract, crypto currency platform, decentralising global trade and transport. The platform target is to facilitate and optimise the interaction amongst traders, freight forwarders, shipping lines, booking agents as well as all other parties involved in the international trade and transport of commodities and cargoes. The platform users experience outlines well-balanced ecosystem based on cutting edge crypto security and frictionless interaction.

Features

CargoCoin objective is to provide a global marketplace environment and utilities for facilitation of trade, transport, exchange of documents and payment options at low cost in real time. The platform architecture is based on the principles of high level of security, transparency, traceability and accountability. It is set up in a way that the participants can take advantage of any part of it alone, or in combination with other sections. It can be used as a very simple platform or as a complex smart contract utility with various payment options. The link between physical trade and transport with online crypto technologies delivers the opportunity for implementation of a large scale project and allows for further expansion.

Technical Info

CargoCoin platform options provide infinite possibilities for added value to the users and the participants. All utilities on the platform operate with CargoCoins. The ultimate aim is boosting demand and facilitating the usage of the tokens. CargoCoin Team interest is set in line with the interest of the ICO supporters!

Roadmap

  • START OF IDEA - Q3 2017

  • We started the idea of integrating the shipping platform with blockchain payments and smart contracts.
  • ICO PREPARATION - Q1 2018

  • Preparing the Initial Coin Offering for CargoCoin, gathering a team, selecting advisors, preparing whitepaper...
  • ICO LAUNCH - Q2 2018

  • Launching the Initial Coin Offering for CargoCoin
  • Read More
  • SMART CONTRACTS - Q2 & Q3 2018

  • Programming of smart contracts on the ERC223 platform, testing and evaluation
  • DEVELOPMENT STAGE 1 - Q3 & Q4 2018

  • Development of the global shipping platform, connecting importers, exporters, ship brokers, forwarders, ship owners, etc. (Stage 1)
  • BLOCKCHAIN INTEGRATION - Q1 2019

  • Implementing blockchain smart contracts as core part of the shipping platform
  • LAUNCH STAGE 1 - Q2 2019

  • Launch of the global shipping platform
  • MARKETING STAGE 1 - Q2-Q4 2019

  • Year 2019 will be devoted to marketing and promoting the global shipping platform
  • DEVELOPMENT STAGE 2 - Q4 2019

  • Starting the development of an inland transport platform (Stage 2)
  • LAUNCH STAGE 2 - Q1 2020

  • Launch of inland transport platform
  • MARKETING STAGE 2 - Q2-Q4 2020

  • Marketing of the inland transport platform
  • DEVELOPMENT STAGE 3 - Q4 2020

  • Developing of the universal trading platform, directly connecting manufacturers, fleet owners and customers
  • LAUNCH STAGE 3 - Q2 2021

  • Launch of the all purpose cargo platform
  • MARKETING STAGE 3 - Q2-Q4 2021

  • Marketing of the all purpose cargo platform at stage 3
  • DEVELOPMENT STAGE 4 - Q4 2021

  • Development of air cargo platform
  • LAUNCH STAGE 4 - Launch of the air cargo platform

  • Marketing of the air cargo platform
  • DEVELOPMENT STAGE 5 - Q4 2022

  • Development of supply chain platform connecting stages 1, 2 & 4 (shipping, inland and air transport)
  • LAUNCH STAGE 5 - Q2 2023

  • Launching of the integrated platform
  • MARKETING STAGE 5 - Q2-Q4 2023

  • Marketing of the intermodal platform

Materials

CargoCoin

Activity

Status:
NewbieCopper Member
VERY LOW
Activity:
10
VERY LOW
Merit:
0
VERY LOW
Posts:
80
VERY LOW
Views:
567
VERY LOW
Posts:
42
VERY LOW
Followers:
10 057
VERY HIGH
Likes:
10 063
VERY HIGH
Rating:
4.80
VERY HIGH
Reviews:
25
LOW
Followers:
2 995
MEDIUM
Tweets:
38
VERY LOW
Members:
617
LOW
Alexa
Rank:
3 525 015
VERY LOW
Delta:
0
Year commits:
4
Watchers:
0
Stars:
0
Forks:
0
Open issues:
0

Team

Verified 33%

Attention. There is a risk that unverified members are not actually members of the team

Founder
verified
Shipping, Transportation & Container specialist
unverified
Shipping & Transportations specialist
verified
Business developer
verified
PR & Marketing expert
unverified
Blockchain Developer
unverified
Financial specialist
unverified
Founder
verified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Attorney, Legal adviser
unverified
Martin Iliev
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
My expirience in the shipping industry inspired me to start the CargoCoin project. Most of the problems in the industry can be overcome with the implementation of the right technology.
Christina Sarastova
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
My expertise in Shipping Trade and Finance contributes to the implementation of the industry specific details.
Iliana Ilieva
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I am part of the business development team of Cargo Coin.
We pioneer the introduction of smart contracts which will shape the future of the shipping industry.
Bogomil Alexandrov
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I'm a founder at the project and lead developer.

Last News

3.84

stable
5.0 6
ICO Profile Vision Activity Potential Product Team
Samson Owiti
Cryptotrader, Crypto investor, Blockchain business expert

CARGO COIN is a smart contract crypto currency platform that revolutionizes  global trade  and transport by facilitating and optimizing the interactions amongst traders, foreign forwarders, shipping lines, booking agents and other parties involved in the international trade and transport of commodities and cargoes.

PROS:

  • Reduced fraud: The use of the Cargo coin eliminates the risk of fraud as all the payments within the platform are effected after the parties pre-set conditions are met  and the payment  proof  is publicly available for further reliability
  • Lower costs: The platform enables different types of transport  to be easily interconnected which significantly reduces the cost incurred by the users  as compared to high percentages  and print fees charged through the transportation process through banks, couriers, agents and brokers
  • Minimal delays: The use of cargo coin eliminates delays at the terminals by providing instant exchanges, reviews and approval of documents and payment between the parties involved
  • Security: The platform through the use of block chain hashing algorithm technology  enables it to securely store user information hence preventing any leakage to the intermediaries
  • Transparency: The platform allows for full publicity of the transactions  details that are visible to all the parties involved and the public which further  increases the platform trust
  • User friendly: The platform flexibility allows the parties involved to easily select the terms that they choose to interact with as well as eliminating language barriers hence increasing the number of participants in the ecosystem
  • Good team: The platform  team consist of highly motivated and qualified members with experience in relevant field  enabling easy implementation of the project

CONS:

  • The  cargo coin doesn’t give the user legal rights on the platform
  • The platform lacks a mobile application which easily integrates all the available transport methods enabling the users to easily check in the available methods
  • The  CRGO token funds raised during the pre-ICO stage lacks warranties

SUGGESTIONS:

  • The platform CARGO token raised during the pre-ICO stage should be insured to avoid any loses
  • The token use should empower the holders enabling them to take part in the platform decision making processes

NOTE:

The use of Cargo Coin revolutionizes the trade and transport through the provision of secure, transparent and accountable real time transactions eliminating any exploitation from intermediaries making the platform viable. I would highly invest in this platform as it has a high returns from its usage.

Read More
Expert Invested: $400
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