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Prime Shipping (PRIME)

ICO

Prime Shipping Foundation (PRIME) – payment ecosystem for shipping, residing 100% in the Blockchain

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Overview

Project industrySupply & Logistics
Product typePlatform
WhitepaperPrime Shipping White Paper Open

What is Prime Shipping

  • Prime Payment System. Next-generation processing service for settling instant transactions based on blockchain. Prime Payment service uses the same name as the currency token PRIME, created on the basis of the Ethereum ERC20 standard.
  • Prime Crypto Bank. Prime Crypto Bank will be free to open accounts for entrepreneurs of PRIME token. The bank will also work with the EUR / USD, so organizations can conduct business using the fiat settlements (settlement and cash services) only within one bank.
  • Prime Exchange. Developed for the exchange of USD, EUR, BTC, ETH into PRIME and back. Other popular fiat currency and cryptocurrency pairs will be implemented in the future.
  • Prime Shipping Platform. Matching engine to pair "cargo and carrier" and applying the mechanism of smart contracts for processing escrow in a distributed registry. Each smart contract will store the characteristics of the transaction: the number of PRIME tokens, destination, origin, type of cargo, tonnage, date of shipment.
  • Prime Investment Fund. For investors interested in a passive income with minimal risk, and for storing raised during ICO fiat funds is planned to create an automated hedge fund.

Details

Pre-sales: Sep 15, 2018 - Oct 01, 2018
Public sales: Nov 01, 2018 - Dec 01, 2018
Pre-sale token supply: 2100000000
Token supply: 2100000000
Soft cap: 15,000,000 USD
Hard cap: 150,000,000 USD

Legal

Registration country: Gibraltar
Registration year: 2017

Token info

Ticker: PRIME
Type: Utility-token
Token standard: ERC-20
Token price in USD: 1 Token = 0.100000 USD
Accepted currencies: ETH
Bonus program:
Private sale 1 PRIME = $0.05 (50% off)
Token distribution:
70% - tokens for sale
25% - reserve fund
5% - advisors, community, referrals
Funds allocation:
30% - Company products development
25% - Reserve fund of fiat funds to keep exchange capacity
20% - Securing the bank license and deposit
15% - Marketing promotion
10% - For team

Prime Shipping Roadmap

1
Q1 - Q2 2016

Establishment of core freight related processes. Concept development of ship pairing system to act as agent for freight.

2
Q3 - Q4 2016

Concept development of ship pairing system to act as agent for freight. Establishment of internationally acting freight brokerage company.

3
Q1 - Q2 2017

Establishment of an automatic vessel tracking system based on AIS. Establishment of internationally acting freight brokerage company.

4
Q3 - Q4 2017

Core concept development, prephase of PSF.
First Cryptocurrency Freight Deal Takes Russian Wheat to Turkey.

5
Q3 - Q4 2017

Core concept development, prephase of PSF.
First Cryptocurrency Freight Deal Takes Russian Wheat to Turkey.

6
Q1-Q2 2018

preTGE smart contract development, white paper and white list. Launch of private sale. Start of product development. Private sale, roadshow preparation.

7
Q3 2018

Start of Roadshow, bounty campaign and building community.

8
Sep. 15 2018 - Oct. 1 2018

Preliminary Token Generation Event (PreTGE).

9
Nov. 1 2018 - Dec. 1 2018

Main Token Generation Event (TGE).

10
Q1-Q3 2019

Closed beta of Prime Payment system. Opening ? Prime Investment Fund. Setting up a new office in Zug for a Fund and Crypto Bank. Filling Prime Payment System with 100 of verified B2B users. Opening an additional development department for covering needs of Prime Exchange and Prime Crypto Bank.

11
Q3 2019 – Q3 2020

Working on Prime Crypto Bank. Opening a sales office in Hong Kong and Dubai. Release of stable token. Starting department for a Prime Freight Platform. Closed beta of crypto exchange.

12
Q4 2020 - Q3 2021

Public beta of Prime Exchange and Prime Freight Platform. Stable release of Prime payment. Up to 500 of verified B2B users. Opening sales offices in US, KSA and South Africa. Additional 3000 users from foreign offices.

Project team

Ivan Vikulov
Ivan Vikulov
Chief Executive Officer
Ivan Vikulov linkedin
Jean-Jacques Elong
Jean-Jacques Elong
Fintech Director
Jean-Jacques Elong linkedin
Tim Panchenko
Tim Panchenko
Business Development Director
Tim Panchenko linkedin
Jon Matonis
Jon Matonis
Head of Advisory Board
Jon Matonis linkedin
Phillip Nunn
Phillip Nunn
TGE Advisor
Phillip Nunn linkedin
Trofim Zhugastrov
Trofim Zhugastrov
Chief Product Officer
Trofim Zhugastrov linkedin
Edwin Carlson
Edwin Carlson
TGE Advisor
Edwin Carlson linkedin
Malak Al Akiley
Malak Al Akiley
Middle East Advisor
Malak Al Akiley linkedin
Alex Gogunsky
Alex Gogunsky
Shipping Advisor
Alex Gogunsky linkedin

Social media

Prime Shipping web-sitePrime Shipping TelegramPrime Shipping LinkedInPrime Shipping X (Twitter)Prime Shipping Facebook

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