Blockshipping ICO update — June 14, 2018

Blockshipping
3 min readJun 14, 2018

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Dear Blockshipping Community,

I am sorry that we have not been able to give you a detailed update earlier, but as you can see below, we are in the middle of a series of exciting developments.

As of today we have achieved a total of USD 2.44M in token sales and sold 4.2M CCCs.

We have decided to extend our ICO until either end of July or end of August 2018. The final end date of our ICO depends on the outcome of the current discussions with a global high-volume distribution partner that has chosen the CCC token and our ICO as the first high-quality ICO to be made available for sale directly on their platform. We are very proud to be offered this unique opportunity and look forward to releasing more details as soon as we can.

In addition, Blockshipping is in dialogues with several large crypto funds and we expect that at least one major deal will be closed over the next two weeks. Blockshipping will have investor meetings in London next week where we are meeting around 15 pre-qualified Crypto, Family funds and high net-worth individuals.

The contributions so far have mainly come from the European market and to a lesser degree from other parts of the world. We are now increasing our focus on the Asian and Middle Eastern markets. As part of this effort, we recently started translating our white paper, website and portal to Chinese, Japanese, and Korean languages. The launch of these new languages is planned for next week.

Blockshipping is also in the process of adding two experienced high profile executives to the organisation. The names of these two will be made public later this month.

Blockshipping has restructured its company form and converted from a private limited company (in Danish “ApS” or “Anpartsselskab”) to a public limited company (in Danish “A/S” or “Aktieselskab”) for the purpose of increasing the capital in the company and to have more transparent corporate governance. We are changing from a one-tier to a three-tier governance structure with the owners, a board of directors and an executive management board. The conversion does not have a judicial influence on the liability or the like but shows the company’s economic commitment to its future operations and the governance of this.

We have concluded the initial specifications for the platform, which have served as the foundation for the contracts with selected IT vendors. With these vendors, the first development project for the Blockchain Container Registry kicks off in the first week of July.

Finally, I would personally like to thank our wonderful community that has helped to bring Blockshipping to where we are today. We experience genuine and global interest in our company. The support from the community has been truly invaluable and combined with the current progress described above, I am certain that Blockshipping will continue its path towards global success.

Peter Ludvigsen

CEO and Founder

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