300cubits Newsletter Inaugural Issue

300cubits.tech
Aug 9, 2017 · 2 min read

We have received overwhelming responses since we published our Whitepaper on 1-Aug. Our story appeared in at least 30 media articles and 5 different languages. Some crypto analysts have also started covering our TEU Initial Token Sale.

We have contacted about 7 large BCOs (beneficial cargo owners), 4 top NVOs (non-vessel owning operators), 2 of the top 10 container liners and a couple booking portals. We also have had preliminary meetings with a couple of potentially large token buyers from Asia.

A couple observers raised question on our market penetration, particularly about how we replace the existing booking IT systems and the resistance that follows it, which we think maybe missing the point.

Our business is to implement TEU tokens as the crypto currency for container shipping. What the TEU token really replaces is part of what US dollar does. Blockchain is decentralized and our solution will be open sourced. So anyone can run booking portals that use the TEU tokens. The TEU tokens will be given to the industry participants. The ownership; the need to fix industry problem; and potential of token value appreciation will hopefully be sufficient to motivate industry holders of TEU tokens to use them in business transactions e.g. bookings.

Important Notice:

The founders decided to add two points to Terms & Conditions for better clarity:

1. The 6% TEU tokens to be reserved as compensation for the founder’s team will be subject to 2 years’ disposal restriction.
2. The fund raising target for two rounds of Initial Token Sale is set at minimum 7,000 Ethers per each round.

Official website: https://300cubits.tech

#300cubits #TEU #TEUtoken #ICO #Ethereum #Cryptocurrency #Bitcoin #ERC20 #以太坊 #加密货币 #比特币 #币众筹

300cubits.tech
Welcome to a place where words matter. On Medium, smart voices and original ideas take center stage - with no ads in sight. Watch
Follow all the topics you care about, and we’ll deliver the best stories for you to your homepage and inbox. Explore
Get unlimited access to the best stories on Medium — and support writers while you’re at it. Just $5/month. Upgrade