With the vast glut of ICOs hitting the market daily, it can be a time consuming job vetting the good, from the bad and the ugly (scams). I do my utmost to find, dissect and write about projects that do in-fact, have a legitimate use case and solid market opportunity. All of this done while disregard any projected hype sprouted by the heavy hitting thought leaders throughout social media.
In a majority of cases, the more specific the blockchain target niche, the greater potential of project success. In today's article i want to delve into a highly targeted blockchain project (ICO in April) with a very refined industry niche, along with an experienced team, existing client base (Roche, Takeda, Novartis, Kedrion, Grifols, Alagan) and working business model (4th largest pharma container provider). Introducing Smart Containers.
[What Is Smart Containers?
At its very core, Smart Containers is a temperature controlled container shipping platform with a highly selective niche in the globalized transportation of sensitive pharmaceutical goods and food stores. Smart Containers Group (formerly REP AG) is a Swiss-based technology company with a 5 year working history in the tech logistics sphere. Smart Containers Group has a majority stake in SkyCell (Pharma Application) along with FoodGuardians (Food Application).
Bigger Than Ben Hurr In IoT Logistics
One of the key value propositions Smart Containers brings to the table, is its already thriving business model. Since inception, SC has musted the hard yards in early stage development and is hitting the blockchain space scissor kicking with the largest fleet of IoT containers in the airfreight industry. This effort is combined with 96 tech patients and 50 years worth of combined man-hours in technical R&D.
Future Plans & Growth Strategy — A Why To The ICO.
You might be asking, if the project is already culminating into the realms of success, why ICO the project?
The answer is simple; growth and development. Smart Containers plan on scaling the business into a global standard in high value pharma and food distribution, this will be done through the release of the (SMARC) & (LOGI) tokens in the form of 20% share in future profits (dividends) + potential exit gains.
Another key point of consideration a Blockchain ICO brings to the plate, is its ability to garner a considerable and vastly distributed network of supporters and investors. This support base will not limit the entrepreneurial activities of Smart Containers solely to financial scalability (as opposed to trad VC), but will encourage the growth to also be reflective of sustainability while taking in ethical considerations.
Solutions For A Logistics Disruption
While the pharmaceutical industry has undergone significant changes over the last decade, the transportation and logistics of pharma products has yet to follow suit. It is estimated 40% of shipped pharma products experience some degree of degradation during the shipping phase, this leads to a reduction in the products effectiveness in medial application.
The team at Smart Containers seeks to change these statistics via a tech revolution. SC are building blockchain based tracking and autonomous shipping solutions for pharma and food logistics with invoicing to be conducted via smart contract crypto payments. Smart Containers will scale their IoT offering with fast route to market solutions and best practice cooling solutions, while paperwork (historically centralized) will be moved to the blockchain to free up time restraints while removing human error.
[Blockchain decentralization solutions]
Smart Containers will also be providing public and private blockchain solutions for the specific use cases needed in the shipping of pharmaceutical goods. General documents open to public viewing will be utilized via public blockchain (eg. Ethereum). While more sensitive documents will require permissive blockchain infrastructure such as Fabric or Corda.
[Public / Private Blockchain Offerings]
Smart Containers (SMARC) Token
Smart Containers native token (SMARC) is a profit share (20% of future
dividends and exit profits) derived from future company profits. (SMARC) dividends will be paid out mid-March each year to token holders via ETH, at the discretion of the Board of Directors of Smart Containers Group.
- Total supply is 150M tokens
- 120M tokens (80%) will be offered during ICO rounds
Remainder (20%) will be used to cover the ICO costs and capital interest of the Smart Containers Management - ICO hard cap set at 36M
- Price per token is fixed at 0.432 USD
- ICO starts April 2018
- Team token allocation locked for 12 months
LOGI CHAIN (LOGI) Token
LOGI CHAIN (LOGI) is the utility token inside the Smart Containers network, used to pay transactions and usage fees in the LOGI CHAIN ecosystem.
- Total supply is 100M tokens
- 20% of tokens will be offered during ICO rounds.
50% is attributed to the LOGI CHAIN Foundation to fuel growth
25% is granted to Smart Containers Group for providing the initial capital 5% to cover bounty program and incentive future board members - ICO hard cap set at 4M
- Price per token - 0.285 USD
- ICO starts April 2018
Brains Behind Smart Containers
Nico Ros and Richard Ettl are the brains behind Smart Containers, originally bringing the idea into conceptualization in 2009. They have grown SC into the 4th largest company for pharmaceutical logistics worldwide. They both have 5+ years industry experience in this key niche market with a highly skilled 80+ team behind them.
Use Of ICO Funding (SMARC) Token
Smart Containers will use the lions share of profits attained from its token sale of (SMARC) to scale both the SkyCell and FoodGuardians offerings. The remaining funds will be allocated to marketing, IT development and reserves.
Use Of ICO Funding (LOGI) Token
A breakdown in the collected funds via the (LOGI) token sales are made up predominately for expenditure into IT Development, paired with the initiating and running costs of the LOGI Foundation. Remaining funds will be allocated to marketing and finances.
2018/2019 — Roadmap
In Conclusion
This isn't just your ordinary run of the mill ICO. Smart Containers Group are very much head and shoulders above a majority of currently running ICOs. The team have a established use case, existing clientele, patented technology and the main infrastructure already in place to position itself as a market leader in the field of logistics. All of this coupled with the returns they offer investors (rare at the moment) is a blockchain winning deal (IMO).
Follow the teams social media profiles (listed below) to get exact dates on the Smart Cointainers ICO — scheduled to launch April 2018.
Website: https://smartcontainers.ch/
Twitter: https://twitter.com/SMARC_ICO
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=3058528.0
Bitcointalk Bounty: https://bitcointalk.org/index.php?topic=3211636.0
Telegram: https://t.me/smartcontainers
Facebook: https://www.facebook.com/Smart-Containers-157874458234951/
Whitepaper: https://smartcontainers.ch/assets/20180208_smartcontainers_whitepaper_v1.pd
-CryotoBlockBits Signing Out-
As always use this information as a guidepost for further research. Never take anyone’s advice on investments (not even financial advisers). Delve into the project via their social media profiles, search the project on bitcointalk.org, duckduckgo.com and reddit.com and only put money in that you can afford to lose. Cryptocurrency is risky — Fiat is a dead man walking.