Blockshipping ICO — Planting the Seed for your Passive Income Tree with Blockshipping’s Revenue Sharing Model
This is the third part of the Blockshipping ICO review. If you’re missed part one in which we addressed the shipping industry, click here to check it out. If you’ve missed the second part too, in which we’ve looked at the positive impact the GSCP will have on the environment and finances of corporations in the shipping industry, click here to read up!
As in the previous part announced, Blockshipping will deploy a revenue sharing model for it’s investors depending on the monthly and annual revenue of the GSCP platform. This is a great opportunity to diversify ones portfolio and invest in some long-term passive income sources. In order to make a rational decision, lets look at the numbers Blockshipping has put up about the model in their whitepaper. Blockshipping will deploy two tokens on their platform and ICO. The CCC and CPT.
CPT — Container Platform Token
The CPT will be used as an network intern currency that’s used to pay for the transactions done on the platform. You can view the CPT similarly to what GAS is to the Ethereum network. CPT however will not be volatile as ETH is, but will have a fixed price based on the US dollar. This allows the GSCP to have their own currency which powers the transactions being done in the network, avoiding money losses due to currency exchange rates being pressured down by banks across the globe. In an industry that’s connecting the whole globe, this is a huge pain point which is being solved implementing a network intern token.
CCC — Container Crypto Coin
The CCC will be an ERC-20 token, available for purchase during the initial coin offering. As already announced, the CCC will be the token which generates passive income for investors due to implemented revenue sharing model. Similarly to dividends in the traditional financial market, Blockshipping will distribute a percentage of their generated revenue amongst their investors depending on how successful the year was. To make this more tangible, let’s look at some numbers and do some math:
Blockshipping will share 20% of its revenue until the monthly revenue will exceed $2.5M. After that, the shared revenue percentage will gradually decrease until it hits 3% of the total revenue. With their current revenue predictions for the upcoming years, investors are looking at returns gradually increasing over the years. With Blockshippings predictions, investors will see the following return per year on their initial ICO investment:
The percentage quoted above would directly be applied to whatever amount is being invested during the ICO since the % is directly calculated based on the ICO value of the tokens. These returns outperform the traditional market by far and don’t even include the possible (and likely) rise in the intrinsic value and price of the CCC token.
Based on the fact that Blockshipping is trying to tackle a real life problem with a real life solution, combined with a rational and realistic revenue sharing model backed by a tokenized system sets Blockshipping already way ahead of their competition in the current logistics market based on the blockchain technology.
Seeing these returns looks promising, however we’ll also have a close look at the people responsible for the success of the project. If you want to know who is behind this ambitious project, keep up with this series and check out the next part of the Blockshipping ICO review series!
