Blockchain-Based Container Shipping Platform 300cubits to Start the TEU ICO on 12th April 2018
300cubits, a blockchain-powered ecosystem to secure shipment booking is set to launch their ICO on 12thApril, 2018. This month long campaign will offer 18,000,000 TEU tokens—the proprietary medium of transaction on the 300cubits platform. TEU tokens have been rated 4.6 out of 5 from ICObench.
300cubits’ TEU tokens and ecosystem are designed to tackle the $23bn “No Show” pain point in the container shipping industry. The container liners have been incurring chronic losses over the past decade, which has led to some of the largest bankruptcies the industry has witnessed. 300cubits strongly believes that this sorry state of the industry is due to its inability to execute agreements in its daily operations.
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