First Nordic Shipping ICO AnnouncedDanish company Blockshipping, the creators of the Global Shared Container Platform, (GSCP), announces ICO (Initial Coin Offering).
Solving real business problems- GSCP will allow the global container shipping industry to save USD 5.7bn annually through smarter handling of intermodal freight containers.
- Additionally, wide adoption of the platform will result in a substantial reduction of the global CO2 emissions of 4.6 million tons annually when fully utilised.
LinksBlockshipping TeamIndustry advisorsService ProvidersUnique Token FeaturesAfter studying numerous ICOs on the market, Blockshipping has created a token model that includes a unique set of features for the benefit of the ICO contributors.
The token model involves the issuance of two different tokens:
- The internal utility token, Container Platform Token - CPT
- The external Revenue Share Token, Container Crypto Coin - CCC
CPT will be used for clearing and settlement of transactions between the users of the platform. These transactions will cover the many different services and fees related to global container handling. A percentage of the revenue from these transactions goes to a Revenue Share Pool and is passed on to the owners of the CCC tokens once a month via a reverse Dutch auction on the Ethereum blockchain. See the video explaining this model here:
https://youtu.be/qPCaR3nq4qQThe GSCP token model also includes an unprecedented ICO Market Maker Fund which allows everyone who acquires CCCs during the ICO to sell their coins back to GSCP at a floor price if they regret their contribution. Selling back CCCs is possible until Blockshipping has met fixed milestones in the development of the GSCP platform. Afterwards, the money in the Market Maker Fund is released for further development of the GSCP platform.
Token Facts- Token name: Container Crypto Coin - CCC
- Ticker name: CCC
- Total number of CCC tokens issued: 50,000,000
- Number of tokens offered during the ICO: 42,500,000
- Number of tokens held by founders and advisors: 7,500,000
- Tokens to be sold during pre-sale and the ICO: 40,000,000
- Number of tokens to be given as bonuses: 2,500,000
- Price per token during the ICO: USD 0.62
- Total ICO revenue: USD 24,800,000
Pre-sale plan- Pre-sale launch: 1 March
- Pre-sale sign-up: https://blockshipping.io/pre-sale
- Minimum contribution during pre-sale: USD 1,000
- Pre-sale bonus: 20% extra CCC tokens added on top
- Pre-sale cap: 5,000,000 CCC (+20% bonus)
Public sale plan- Public sale launch: 15 April
- Public sale URL: https://blockshipping.io (to be updated)
- Minimum contribution during pre-sale: USD 100
- Price per CCC token: USD 0.62
- Public sale cap: 35,000,000 CCC
First ICO based on The ICO 2.0 Framework
Blockshipping's ICO is not only the first Nordic shipping-related ICO. It is also the first ICO to be based on a new Danish framework called The ICO 2.0 Framework, which will be launched in the next two months.
The purpose of the upcoming ICO 2.0 Framework is to increase the quality standards for ICOs making sure that future Danish ICOs:
are 100% compliant with Danish law
aim at the highest standards in terms of security and quality of coding
promote openness, transparency and honesty
follow a strict code of conduct when it comes to communications and relationship management with the ICO stakeholder groups.
The ICO 2.0 Framework is being created by the leading Danish law firm Kammeradvokaten/Poul Schmith in collaboration with the Nordic fintech advisory firm Norfico.
