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EndChain (ENCN)

ICO

EndChain is a patent-pending blockchain utility company that is focused on bringing mass adoption of blockchain tracking to all markets. Our patent-pending QR and barcode combination allows EndChain to have 2 distinct advantages in this market: integration and price.

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Overview

Project industrySupply & Logistics
Product typePlatform
FoundedHong Kong

What is EndChain

Existing logistics companies and manufacturers see the benefit in blockchain tracking, but are hesitant to revamp multi-million dollar systems. EndChain allows corporations to easily extract both the generic barcode data and the item-specific blockchain QR code data at the same time. As EndChain\'s program will be running in the background of existing systems, our combination code will be easily identified by our program and the generic data will be entered into legacy systems for traditional logistics and manufacturers. Simultaneously, the blockchain will be updated with the item-specific blockchain data. EndChain brings blockchain benefits at a fraction of the cost to all products. The vast majority of solutions in the market rely on NFC chips or manual entry of data into the blockchain. EndChain will create an API that allows corporations to automatically generate and update the blockchain as well as print our codes directly on their packages, thus drastically reducing the price. This will allow low to mid-cost goods, such as organic food, to become blockchain enabled products.

Simple to use

The EndChain QR code is unique in that it incorporates a barcode within the QR code. This design allows for simplified use as EndChain users will know to scan the only code found on the packaging. Other businesses which rely on legacy barcode technology will be able to scan the embedded barcode. Thus, EndChains QR code creates a singular code to work on any type of system. An additional benefit is that the single code can update both the blockchain and any internal legacy systems with a single scan. The goal of this is to reduce complexity while increasing efficiency.

Value creation

A blockchain company can only be as strong as its economy. EndChain is committed to both its corporate users and investors. To ensure that the needs of both are met, a deflationary self-regulating economy will be used. Corporations will be encouraged to buy and hold EndChain tokens in order to purchase QR codes, make smart contracts and access the data stream. A percentage of the fees associated with these functions will be 'burned' to reduce the number of tokens in existence. Shall the market value of EndChain stay the same, the price of individual tokens will rise.

Economics

A token needs a thriving marketplace to be successful. Tokens that are not being utilized serve no purpose to investors. Additionally, tokens that do not have a consistent steam of buyers creates unstable prices. This is why EndChain has focused on ensuring a lively market by engaging companies to purchase EndChain tokens. By using our tokens, companies can receive a discount on our qr codes, big data and smart contracts.

Details

Pre-sales: Dec 01, 2018 - Jan 15, 2019
Public sales: Feb 01, 2019 - Apr 30, 2019
Token supply: 135,576,931 ENCN
Total tokens for sale: 74,567,312 ENCN
Soft cap: 4,000,000 USD
Hard cap: 15,000,000 USD

Legal

Blockchain Platform: Ethereum
Registration country: Hong Kong
Registration year: 2018

Token info

Ticker: ENCN
Type: Utility-token
Token standard: ERC20
Token price in USD: 1 ENCN = 0.24 USD
Accepted currencies: BTC, ETH, BCH, LTC
Bonus program:
Pre-ICO:
Round 1 (USD 1.5m): USD 0.16 (50% bonus)
ICO:
Round 2 (USD 3.0m): USD 0.18 (35% bonus)
Round 3 (USD 3.5m): USD 0.20 (20% bonus)
Round 4 (USD 3.5m): USD 0.22 (10% bonus)
Round 5 (USD 3.5m): USD 0.24 (5 raffles; 40,000 tokens each)
Token distribution:
55% ICO
22% Future Development
10% Team
5% Leadership
5% Advisor
3% Bounty
Funds allocation:
60% Development
25% Marketing & Sales
5% Security & Compliance
5% Legal
5% G&A

EndChain Roadmap

1
November 2017

Development of EndChain concept

2
February 2018

Whitepaper v1 completed design process flow

3
June 2018

Discussions with patent lawyers

4
August 2018

First working version of the unique EndChain QR code/barcode
Different versions being tested for efficiency

5
September 2018

Launch of www.EndChain.io
Release of a finalized EndChain Whitepaper

6
October 2018

Setting up ICO and reaching out to potential partners*
Obtain patent pending status

7
December 2018

Start token crowsale*

8
January 2018

Finish of crowdsale
Token distribution following internal and external audit

9
1Q19

Develop beta smart contract library
Basic KYC framework development
Prepare strategic partners for early adoption

10
2Q19

Direct communications infrastructure
Create API for easy use of our system

11
3Q19

Complete test platform for contracts
Alpha-testing of Minimal Viable Prdoduct through existing app with leading partner

12
4Q19

Beta testing of the app, roll out beta to a more partners
UI and UX improvements to app

13
1Q20

Discuss with beta testing users and update app based upon suggestions
Improve app functionality and backend integration

14
2Q20

Improvements for fraud reporting and allocation
Train AI to recognize patterns in fraud

15
3Q20

Full version of app launch

16
4Q20

Big data analytics opens
Further development and features to be announced

Project team

AARON PERKOWITZ
AARON PERKOWITZ
CEO
AARON PERKOWITZ  linkedin
PIERRE ANGOT
PIERRE ANGOT
CTO
PIERRE ANGOT linkedin
FELIX ENGELHARDT
FELIX ENGELHARDT
Business Development
FELIX ENGELHARDT linkedin
FELIX BECQUART
FELIX BECQUART
Progressive Web App Expert
FELIX BECQUART linkedin
EILEEN CHEN
EILEEN CHEN
VP Logistics
EILEEN CHEN linkedin
RUNTIAN LU (JOHN)
RUNTIAN LU (JOHN)
Lead Engineer
RUNTIAN LU (JOHN) linkedin
TIANFANG LIU (JOE)
TIANFANG LIU (JOE)
Software Engineer
XIA YIN
XIA YIN
Senior Software Engineer
ZHIYONG ZHANG
ZHIYONG ZHANG
Software Engineer
NIK DEMENTEV
NIK DEMENTEV
Senior Blockchain Engineer
NIK DEMENTEV linkedin
VASIL DUKOV
VASIL DUKOV
Blockchain Marketing
VASIL DUKOV linkedin
LUCIANO DI PALMA
LUCIANO DI PALMA
Data Exploration and Information Retrieval
LUCIANO DI PALMA linkedin
ALEX SERDIUCHENKO
ALEX SERDIUCHENKO
Senior Web Designer
ALEX SERDIUCHENKO linkedin
VIVEK VERMA
VIVEK VERMA
Full Stack Developer
VIVEK VERMA linkedin
JAVINCE CHAN
JAVINCE CHAN
UI/UX Designer
JAVINCE CHAN linkedin

Advisors

BLAKE LARSON
BLAKE LARSON
MD, on-demand logistics Lalamove
BLAKE LARSON linkedin
JOSH TIPPING
JOSH TIPPING
CTO of iCITA / Partner Huawei Cloud Data Center
JOSH TIPPING linkedin
JASON IP
JASON IP
Manager, Ningbo Factory
JASON IP linkedin
LUIS RODRIGUEZ
LUIS RODRIGUEZ
Senior SEO Manager, Uber
LUIS RODRIGUEZ linkedin
SOPHIE HARTMANN
SOPHIE HARTMANN
Headlight Procurement Coordinator, Audi / VW
SOPHIE HARTMANN linkedin
DR. RALF DICKE
DR. RALF DICKE
PhD “AI and Strategic Planning”, CIMIC Group
DR. RALF DICKE linkedin
VINCENT GATINEAU
VINCENT GATINEAU
Developer / Quant Trader, Macquarie
VINCENT GATINEAU linkedin
AYMERIC ZHUO
AYMERIC ZHUO
Data Scientist, King / Activision Blizzard
AYMERIC ZHUO linkedin
LAZO IVANOVIC
LAZO IVANOVIC
MD, Montebay Capital, ex Morgan Stanley for 12 years
LAZO IVANOVIC linkedin

Social media

EndChain web-siteEndChain RedditEndChain MediumEndChainYouTubeEndChain TelegramEndChain BTCTalkEndChain TwitterEndChain FacebookEndChain Github

User rating:

5/5 ( 1 )
0

EndChain rating

9.3
Claim admin rights for this project
ICObench3.7 / 5EndChain (ENCN) icobench
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ICObench10 / 10EndChain (ENCN) icomarks
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