Sea transport is time-tested. Once upon a time, mankind switched to road and air transport from carts and caravans, but ocean freight ships still provide 75% of traffic on our planet. Like many others, the shipping industry can be significantly improved with the help of Blocking Technologies. As the Prime Shipping project team intends to do, the ICO of which is our review.
Problems of the shipping industry
Since the shipping industry is an indispensable element of the global economic infrastructure, it does not feel an urgent need for technological change. Among workers of shipping companies even a joke is common: "The best thing that was invented for freight shipping is the telegraph". But in any joke there is some truth. Nothing new has been introduced since the time of "e-mail" in sea shipping, and the transaction chain looks the same as a hundred years ago.
Prime Shipping is ready to become a catalyst for change.
Prime Shipping Solutions
Prime Shipping is the world's first ecosystem for navigation on the Block. Prime Shipping strives to simplify and make transparent any payments between all participants of the transportation market.
Using the Prime ecosystem, ship owners, ship drivers, freight operators, freight customers and other market participants can increase their efficiency, save on operating expenses, significantly increasing their margin.
The Prime ecosystem consists of several elements.
See the picture.
Payment system Prime. Thanks to Blochein, system transactions are detected instantly. What saves the main temporary loss of the industry. To do this, PRIME tokens are created, based on the smart contract of the ERC20 standard, the Ethereum network.
Crypto bank. In the bank you can open a free account. It will use both crypto-currencies and traditional fiat currencies.
Prime exchanger. Tokens PRIME can be exchanged for fiat and crypto-currencies, and vice versa.
Logistic platform. Ensures the interaction of cargo with the carrier. Now the whole process of logistics will occur using smart contracts. They will record all transactions and transactions.
Investment fund. All funds raised at the ICO will be placed in the investment fund. From there already will be further management and distribution. Everyone will be able to use this fund for a relatively safe multiplication of their capital.
For end users, an online service with a friendly interface will be developed.
Smart contract token PRIME is open and you can get acquainted with it on the resource github.com.
The Prime Shipping Team
The structure of the Prime Shipping team includes industry experts with many years of experience. On the site you can see a link to the profiles of Linkedin and get acquainted with the participants. You can also pay attention to the reviews, which they leave on the page of other industry participants. \
Details of ICO Prime Shipping
On March 15 private sale of PRIME tokens started, 955 million tokens were sold at a price of $ 0.05 (50% discount). The minimum investment was $ 5000.
At the moment, there is a closed Pre-ICO (15/09/2018 - 01/10/2018). The price of the token is $ 0.05 (50% discount). In the third quarter of 2018, an open ICO is planned (01.11.2018 - 01.12.2018). The price of the token will grow to $ 0.1. Soft cap is $ 1,250,000, and Hard cap is $ 12,250,000. The minimum investment is 5 ETH or the equivalent in Dollars or Euro.
Upon completion of the ICO, the tokens will also be available for purchase at a price of $ 1 until they are fully distributed.
Conclusions about the project Prime Shipping
The shipping industry provides transportation of goods for tens of trillions of dollars a year. At the same time, innovations in this industry were stuck in the last century. This determines the relevance of the idea. Also in the project, the social component is also great, because reducing costs will entail a decrease in the final price for transported products. Prime Shipping is a functioning business with a lot of capital and a huge number of users. Therefore, the ICO should not encounter difficulties, and fund-raising should not be a problem.
✅ Web Site
✅ White Paper
By Kembartapibeda
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