Global Freight Container Registry Blockshipping Announces May 14th Public Token Sale

| Updated
by Maria Konash · 3 min read

Blockshipping, world’s first blockchain-based freight container registry allowing a wide range of transactions related to the handling of containers, announces ICO starting on May 14th.

Copenhagen-based global container shipping platform Blockshipping has announced its public token sale on May 14th, 2018 coming after a hugely successful pre-sale. Owing to international enthusiasm for its project, the company has already received private funding from institutional investors, including the Danish Maritime Fund.

Long-awaited Blockchain upgrade of Container Shipping

About 60% of the entire world’s seaborne trade lies in the container shipping industry, making it one of the most valuable modern industries for international trade and commerce. However, decades of challenges persist, with shippers facing overcapacity, low freight rates, security threats and increasing environmental regulations.

Blockshipping is in the midst of creating a Global Shared Container Platform (GSCP), which proposes to be the first real-time registry for 27 million shipping containers globally, as well as a platform to unite all container shipping stakeholders to allow for efficient transactions related to container handling all over the world.

Blockshipping estimates that smarter handling of containers and substantial reduction of global carbon emissions could save the industry $ 5.7 billion each year.

International Enthusiasm for Blockshipping

Since its first token sale announcement in early March, the GSCP project has received tremendous support and acknowledgement from the crypto and blockchain community. Its token sale has been given perfect scores by reputable ranking sites such as TrackICO, Wiser ICO, and ICO Calendar, while receiving high scores from the likes of ICO Street, ICO Marks, ICO Bench, ICO Token News and Foundico. It was also awarded as the “Best ICO – category: Transport & Logistics” by ICO Stock24.

Despite only having its development been made public recently, awareness on Blockshipping and its upcoming token sale has taken roots in all corners of the globe. Emerging in Northern Europe in early March, project-related news spread worldwide through over 100 articles about GSCP being published and read in various crypto media outlets, fintech channels, as well as shipping and broader business media.

Its supporter base also swelled quickly, registering over 8,000 Telegram members (now approaching 10,000), 7,600 followers on Twitter and tens of thousands of views and shares of its stories on Medium, Facebook and LinkedIn.

And now, even before the public token sale, the shipping industry itself has approached Blockshipping with real interest, resulting in the announcement of its first client.

Blockshipping CEO Peter Ludvigsen noted that the shipping industry had a conservative reputation but reacted positively to the news of Blockshipping, contrary to traditional pushbacks. He commented that the positive dialogues with key players from all sectors of the industry continue to happen:

“I am extremely proud to say that a few days ago Blockshipping obtained confirmation from a global container carrier that they will join our GSCP platform as our first customer. This is a carrier in the 10-20 global ranking who has also confirmed that they will join our Customer advisory board.”

The Blockshipping Token Sale

Supporters can now participate in the Blockshipping public token sale that opens on May 14th, 2018, after first registering and completing KYC procedures. Blockshipping’s blockchain model makes use of two different tokens during the sale: the Container Platform Token (CPT), which is an internal utility token, and the Container Crypto Coin (CCC), which is an external revenue share token.

Participants of the token sale can purchase CCC tokens from May 14th, 2018 (2pm CET) using major cryptocurrencies Bitcoin and Ethereum, or fiat ( via bank transfers (USD, EUR, DKK), and debit/credit cards.

Blockchain News, News, Token Sales
Maria Konash
Editor-in-Chief Maria Konash

Being a successful graduate of Belarusian State Economic University (BSEU), Maria has acquired competencies in economic and social studies. Given Maria’s previous research working experience, and desire to explore what's really shaping the future, the main research focus is placed on FinTech and Blockchain Technology.