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Read Source Article Container Shipping Industry Company Blockshipping Announces Public TGE

Blockshipping, a company looking to revolutionize the container shipping industry, has a highly anticipated TGE that begins on May 14th. The Copenhagen-based project looks to fix many of the issues currently plaguing the industry.

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TGE/ Token Details

Users in the meantime can register to complete the KYC requirement, saving time for them when the TGE goes live.

Blockshipping’s token model consists of two separate tokens. CPT, Container Platform Token, will be used as an internal utility token, and CCC, Container Crypto Coin, as an external Revenue Share Token.

The Revenue Sharing Model will see initial sharing start at 20% of gross revenue from transaction fees. As revenue increases, this percentage will decrease but overall revenue for token holders will still increase.  

Token prices are locked in at $0.62 USD, to mitigate the volatility of prices in cryptocurrency. Contributions can be made with Bitcoin, Ethereum as well as bank transfers in both USD and EUR. BTC and ETH conversion rates are taken using the average price at the time of the transaction from Bitfinex, GDAX, and Bitstamp.

Minimum buy is set to $100 USD or around 161 CCC tokens.

Blockshipping to fix numerous

Categories:   Crypto Currency Portal

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