CargoX ICO

CargoX

UPDATE: CargoX has raised their hard cap of 7M USD and completing KYC process. Listed on KuCoin, EtherDelta & ForkDelta... For more info: https://twitter.com/cargoxio

ICO Details

Status
Past, Trading
Starting date
January 23rd, 2018
Ending date
February 13th, 2018
Whitelist
No
Token Sale Hard Cap
$ 7000000
Token Sale Soft Cap
$ 1500000
Token Symbol
CXO
Token Type
ERC20 - Ethereum
Token Distribution
40% of tokens will be offered to contributors in the Pre-Crowdsale and Crowdsale. 25% of tokens will be reserved for future development. They will be locked for 12 months in smart contract. 15% of tokens will be distributed to the founders and the team that brought CargoX to life. They will be locked for 12 months in smart contract with quarterly cliffs. 10% of tokens will be distributed to our advisors and ambassadors for contributing with their know-how. 8% will be reserved for future partners, strategic partnerships and adoption acceleration incentives. 2% will go to the bug bounty pool.
Initial Token Price
1CXO=0.0001ETH
KYC
Yes
Participation Restrictions
USA and China
Accepts
ETH
Features

A Bill of Lading is issued for sea-freight shipments and it gives the holder of this document the ownership rights to the cargo.

Using express courier services, it usually takes 5 to 10 days and it costs around $100 to get this document from origin to destination. By using Smart B/L, which is a blockchain-based token, they cut down the time and costs needed for B/L transfers. By sending tokens on the blockchain you can easily and securely change the ownership from Exporter to Importer which makes the Smart B/L tokens the perfect tool for claiming the ownership rights to the cargo.

Core Team


Stefan Kukman
CEO


Janez Kranjc
Developer


Primoz Mavsar
Design & UX


Jaka Mele
Marketing & PR


Peter Kern
Advisor


Peter Merc
Legal

Advisory Team


Damjan Kralj


Otmar Zorn


Stefan Haizinger


Peter Kern