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LogisticsX – ICO Detailed Information


ICO LogisticsX
LogisticsX Since they originally appeared almost 11 years ago, cryptocurrencies have been promising a change that would make the world a better place for everyone. They offer a number of benefits over traditional finances, including lower transaction fees, decentralization, as well as the ability to reach everyone, whether or not they have access to the bank.
Start June 1, 2019
End October 31, 2019
Rating 3.6
Status
KYC Yes
Founded
Categories Gaming
Whitepaper No
Discussion

LogisticsX Overview

ICO description, Technical Details and Documents

Ever since the attention shifted from cryptocurrencies towards the blockchain, developers continued with finding more and more potential use cases for this technology. Of course, blockchain use in the financial industry is undeniable, but countless other industries are making a slow move towards accepting it, as well.

Gaming, for example, is one of the industries that is accepting the blockchain with open arms. The IoT sector also sees great potential with combining its devices with blockchain, which can lead to other industries benefiting as well, such as supply chains.

Other use cases promise much, but remain mostly theoretical for now, such as the blockchain use cases in healthcare. In fact, this is true for the majority of industries that can benefit from it, although new projects and proposals continue to emerge. Another area where blockchain could bring a significant change is logistics, which is what LogisticsX is currently working on.

About LogisticsX


LogisticsX is a project with a goal to utilize blockchain tech in order to create its own decentralized platform, which will transform last-mile logistics. The project wishes to bring forth the platform's trustless nature and provide a foundation upon which a harmonized ecosystem could grow. It would involve different stakeholders, all of which would be involved in the last-mile process.

This could include anyone, from third-party logistics firms to e-commerce retails, logistics couriers, and even end recipients. The company's vision is to set global standards when it comes to communication between logistics stakeholders. This would result in a significantly higher efficiency and security, but also transparency.

The firm believes that the booming e-commerce industry desperately needs smoother logistics flow. Along the way, they also see the opportunity to help the economic empowerment grow, simply through the involvement of more flexible workers in the logistics ecosystem. As every other crypto/blockchain project, LogisticsX also plans to use its native coin on its platform, which is why it is preparing to launch an ICO at some point in the future.

LogisticsX ICO details


Despite the fact that LogisticsX has announced its ICO — its exact time and date are still unknown. What we do know is that its token will be called PNP and that it will be a utility developed on ICON platform.

The token's price is expected to be at around $0.04 per 1 PNP, and ICO participants will be able to obtain it in exchange for ETH, BWX, and ICX. The minimum investment amount is not known, but the project did reveal its soft cap ($2 million), as well as its hard cap ($11 million).

The project itself was registered in Singapore, and the only two restricted areas will be the US and China. Others can participate in the token sale after going through KYC and Whitelist procedures.

Author: Ali Raza for Crypto-Rating.com

LogisticsX Milestones

* Crypto Rating accepts no liability for any errors in the LogisticsX ICO information and Rating. For the most up-to-date information please visit the ICO's official website.

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1 Bitcoin (BTC) BTC Bitcoin predictions 77.6% 44 $70 736.91 2.78% 8.31% $1 391 178 414 200 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 75.6% 48 $3 562.64 1.50% 2.46% $427 772 969 398 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 91.2% 1 $1.000352 0.08% 0.04% $104 490 946 646 USDT 7 days price change
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