Our Rating:
Your Rating:
Quick Summary
256 crypto investors read this
EndChain aims to provide a blockchain solution for tracking products that is aided by their patent-pending QR and Barcode technology.
Pros
Cons
Want to know more about current and upcoming ICO projects? Visit our initial coin offerings page and subscribe to the Bitcoin Market Journal newsletter today!
Raised Amount Unreported: contact us to update this information
How to Invest
Please Read How to Invest in ICOs
Then see EndChain Investment Instructions
Investment Information:
- How to invest: To participate in the EndChain token sale, visit the following link.
- Discount:
- Round 1: 35% Bonus
- Round 2: 20% Bonus
- Round 3: 10% Bonus
- Eligibility: There are no restrictions for this project.
- Payments Accepted: BTC, ETH, BCH, LTC
Market: 3.5
- EndChain hopes to address issues in the logistics industry regarding the lack of transparency and lack of responsibility within the market. It intends to address this issue by way of combining barcode and QR technologies.
- EndChain will face competition from other blockchain platforms like VeChain, Waltonchain, and OriginTrail that also intend to use blockchain technology to remedy the inefficiencies in the logistics market.
- According to marketsandmarkets.com the anti-counterfeit packaging market is currently worth around $5.3 Billion, but that valuation is expected to increase to $9.4 Billion by 2023.
Competitive Advantage: 3.5
- The combination of QR and Barcode technology provides the foundation for EndChain’s platform. This technology will be used to ensure that tangible goods are linked with their digital representation on the blockchain. This will allow for items within a supply chain to have a unique ID that ensures that the item is accounted for.
- EndChain’s platform will have an encrypted communication feature that has the potential to aid the manufacturing and transportation process and provide companies with an additional means of locating their goods.
- The project’s platform will also provide users with access to data regarding their product’s transportation information. This data will be accompanied by an API that will allow transporters to analyze data to improve their operations.
Team: 4.5
- CEO Aaron Perkowitz has been involved in a number of logistics projects that were valued up to $500 million. He currently works for a Fortune 500 company, HNA Group, where he focuses on researching innovation in the logistics field. Additionally, Felix Engelhardt has experience in optimizing supply chain processes.
- EndChain’s VP of Logistics, Eileen Chen is currently the president of Charter Logistics Shanghai Limited and she has over 10 years of experience working in the logistics industry. Furthermore, advisor Blake Larson spent four years as an MD at Lalamove and helped turn the company into a billion dollar corporation.
- Aaron Perkowitz (LinkedIn)
- Pierre Angot (LinkedIn)
- Felix Engelhardt (LinkedIn)
- Félix Becquart (LinkedIn)
- Eileen Chen (LinkedIn)
- Runtian Lu (LinkedIn)
- Vasil Dukov (LinkedIn)
- Luciano Di Palma (LinkedIn)
- Alex Serdiuchenko (LinkedIn)
- Vivek Verma (LinkedIn)
- Javince Chan (LinkedIn)
Team Members
Token Mechanics: 3
- Endchain has an available MVP that can be found at the following link.
- The ENCN token’s main use cases are to pay for the fees that are associated with using the platform’s applications and holding.
- ENCN fees has a built-in deflationary method that uses 2-4% of the fees to destroy tokens.
- Token Supply: 135,576,931 ENCN
- Token Price: 1 ENCN = 0.24 USD
User Adoption: 4
- EndChain’s mission is straightforward and clear for investors and potential platform users to understand, which help could facilitate not only the generation of funds for the platform, but also the use of the platform. However, the project may not be able to attract users and businesses to the same degree that its established competitors have.
- The project has received some solid press for its partnership with Ming Kee Factory. Business Insider, Marketwatch, and Yahoo Finance have all published articles about this partnership.
- EndChain does has a decent amount of buzz around the project. There are about 13,300 followers on Twitter, about 14,000 followers on Facebook, and around 85,000 members in the Telegram chat. However, the project does not have strong engagement across its social media accounts.
