ENDCHAIN - The Complete Logistical Solution

ICO market is nowadays pretty similar to the Wild West during the gold rush period. It is possible to earn money very quickly, sometimes even good money, but you have to find a perfect spot, or in this case, a good project to invest. Common thing to the Wild West? No guaranties and almost no law. It is pretty easy to find bad cowboys which are going to promise you golden mountains to steal your last piece of bread. So in all this mess, if you want to find your gold nugget, you can trust just your own brain composites.

After my research, I found this project in which I really put my faith: ENDCHAIN. Very likely you haven’t heard about them, project is made by great team members. Nevertheless, guys have an advantage, many other teams does not: already existing product made on a very perspective field. But these are not all pluses I found in this project. Below you can read the analysis and decide on your own, do you want to send some pennies to the pot.

EndChain is a decentralized platform utilising open protocols and utilities with the purpose of disrupting the logistics industry whilst connecting transportation companies, producers, forwarders, and other applicable events through transparent, simplified transactions. The result of this will be a seamless trade of items in a tightly closed and traceable manner.

EndChain emphasizes on the entire logistics chain process. That is, from the manufacturer, to the business, to retailers up to the consumers. This will enable EndChain to grow to be a blockchain solution that is convenient to use and understand for all the gamers inside the grant chain.

By addressing the wishes of the logistics enterprise during the production process, EndChain will improve the general ride and facilitate the mass adoption of blockchain.

The Platform makes use of the QR code EndChain

It is remarkable, which consists of a standardized identification in QR code. This format makes it simple to utilize on the grounds that EndChain purchasers recognize how to test just the code discovered on the bundling. Different agencies that rely on out of date standardized identification innovation can filter the coordinated scanner tag. So the QR code EndChains makes an exceptional code to work with every variety of platform. Another favored standpoint is that a code can refresh each the blockchain and all inner heritage frameworks with a solitary sweep. The objective is to limit multifaceted nature and increment productivity.

The fees associated with these functions will be "burned down" to reduce the number of tokens. If the market value of EndChain remains unchanged, the price of individual tokens will increase.

The Aim

EndChain aims to cover each sector of the supply chain, including the second hand market. The product will be affordable, allowing even every day goods to be tracked on the blockchain. Additional functions for communications among the supply chain & allowing to set up subchains, further enhances the relevance of the product for the supply chain.

The Problem

The current problem in the market is two folds:

Overall Logistics Problems

Existing Solutions Problems

This tracking is not always transparent within a corporation, let alone among different legal entities. Land transportation providers, carriers, governments, customs brokers, and freight forwarders all rely on outdated ways of keeping track of their goods. These antiquated systems use outdated methods such as physical paperwork and bonded couriers. By not being up to date on the latest technology, corporations suffer from delays and incomplete tracking information. Logistics can be brought into the 21st century by using blockchain to transmit orders, letters of credit and delivery receipts without the use of bonded couriers.

The Features

Aside from the overall function of the chain, it is important to discuss key features that will allow EndChain to become widely accepted. These features will be added to streamline existing processes, such as communication. There will also be the additional benefit of increasing security, privacy and clarity when compared to existing methods.

Privacy

Direct Communication

Physical Security

Smart Contract

Big Data

Simple to use

The EndChain QR code is unique in that it incorporates a barcode within the QR code. This design allows for simplified use as EndChain users will know to scan the only code found on the packaging. Other businesses which rely on legacy barcode technology will be able to scan the embedded barcode. Thus, EndChains QR code creates a singular code to work on any type of system. An additional benefit is that the single code can update both the blockchain and any internal legacy systems with a single scan. The goal of this is to reduce complexity while increasing efficiency.

Value creation

A blockchain company can only be as strong as its economy. EndChain is committed to both its corporate users and investors. To ensure that the needs of both are met, a deflationary self-regulating economy will be used. Corporations will be encouraged to buy and hold EndChain tokens in order to purchase QR codes, make smart contracts and access the data stream.

A percentage of the fees associated with these functions will be ‘burned’ to reduce the number of tokens in existence. Shall the market value of EndChain stay the same, the price of individual tokens will rise.

Economics

A token needs a thriving marketplace to be successful. Tokens that are not being utilized serve no purpose to investors. Additionally, tokens that do not have a consistent steam of buyers creates unstable prices. This is why EndChain has focused on ensuring a lively market by engaging companies to purchase EndChain tokens. By using our tokens, companies can receive a discount on our qr codes, big data and smart contracts.

How does this help EndChain buyers?

With a large base of potential customers, EndChain can immediately get to work selling our product. 2-4% of the revenue generated from sales will be dedicated to burning EndChain tokens. This will help decrease the number of EndChain tokens in the long term; thus increasing the price. As most companies need to plan ahead and budget, they are likely to buy and hold an amount of EndChain tokens. This will create strong support for the EndChain market.

The Advantages

Privacy

All information with respect to things on EndChain in recorded onto its blockchain.This empowers to clients to see the things history yet not have the capacity to change or erase any of the information and in doing as such lessen worker blunders while securing the protection of customers.

Direct Communication

EndChain features an encoded correspondence process that empowers all correspondence in the midst of the amassing and transportation process.The correspondence lines are secure,as simply the individuals will approach it

Physical Security

EndChain lessens robbery cases amid the inventory network process by denoting all stolen things inside the system.This empowers it to recognize and signal burglary rapidly amid the assembling and travel process.

Smart Contracts

The platform will execute smart contracts with the supply chain,which will guarantee straightforwardness and consistence by all gatherings engaged with a procedure while additionally guaranteeing the legitimacy of digitized coordinations reports.

Token Details

Token name : ENCN

Token Platform : Ethereum

Type : ERC20

Price ICO : 0.2400 USD

Accepting payment : BTC,ETH,BCH and LTC

Distributed Token ICO : 55%

Soft cap : 4000000 USD

Hard cap : 15000000 USD

Tokens sale : 74,567,312

ICO EndChain will have 5 rounds amid the predefined period. The round will be founded on the quantity of chips sold and will show live recreations to follow advance. To remunerate early clients of EndChain, the past round will have a greater reward. The following round will start when the past round is completely financed. The rounds and objectives for each gathering pledges action and reward are appeared in the table underneath.

To energize speculation amid the ICO procedure, the last advance will show 5 grants. Each prize will be a 40,000 EndChain token. This token is indistinguishable to alternate chips in the EndChain stage. The victors will be picked indiscriminately, with every speculator getting sections for every token obtained.

ICO Phase

The EndChain ICO will consist of 5 rounds over the prespecified time.

Round 1 (USD 1.5m) USD 0.16 (50% bonus)

Round 2 (USD 3.0m) USD 0.18 (35% bonus)

Round 3 (USD 3.5m) USD 0.20 (20% bonus)

Round 4 (USD 3.5m) USD 0.22 (10% bonus)

Round 5 (USD 3.5m) USD 0.24 (5 raffles; 40,000 tokens each)

ROADMAP

Above you can see the roadmap — how the team sees their nearest and long-term future.

TEAM MEMBERS AND ADVISORY MEMBERS TO THE PROJECT

Team seems to be the strongest part of this project. It consists of innovative and talented people. Of course I cannot complain if we talk about their professional level, guys indeed are experts on their field.