You knew it, and we knew it too! With ship-loads of pride and joy we can finally say that the CargoX ICO sale has been a big success from start to finish — and we will now focus on what we set out to do. We will create the protocol, distributed exchange app and business case for Smart Bill of Lading, the synergy of cargo hauling power and blockchain, to provide completely new opportunities in supply chain management!

We are amazed at how high the ICO approval rating was with all the community, contributors from all over the world (except USA and China, and probably North Korea) amassed at our Telegram Group chat and in our other communication channels.

The presale itself was like a steady race with good pace, but the ICO turned out like a flash sale on steroids — even though we tried to hold it back with capping contributions for the first 3 hours with 5 ETH maximum. That was the least we could do for the thousands of contributors who really believed in us from the beginning and who signed-up early on!

Fast and furious

So, this is what we all achieved together:

ICO hard-cap: USD 7,000,000

Presale (24h): over 2500 ETH

ICO sale: 4323 ETH

ICO sale time: 7 minutes 40 seconds

Contributors: over 2000, from 95 different countries

Average contribution: ~3,1 ETH

Parties held at CargoX headquarters: 0 (until now, that is!)

Now, for the business part! We will, of course, take a day or two off, to recover from the brutal engagement in the past three weeks, and then work on reaching our aggressive milestones are closing in already. Also, partnerships await (you can sign up here!), and we have major announcements to make soon!

Roadmap

In Q1 2018 we will introduce the first crypto cargo payment option, and release the Bill of Lading eXchange protocol, to announce the first beta trial Smart B/L sea-freight shipment!

In Q2 2018 the Smart B/L eXchange dApp will be released, and we have already signed an TOP5 non-vessel operating common carrier (NVOCC) for the test trial — a cargo shipment will travel from Asia to Europe with the hot new technology used for document transfer and clearance.

In Q2-Q4 2018 a lot of marketing activities will be happening, as we will be on-boarding our first customers, importers and exporters. Then we will continue with development of add-on features.

What to expect in the coming weeks?

Everybody is waiting for our exchange announcements, and we are thrilled to surprise you, because we know it can never be soon enough. Soon…

We will also let you know about our progress, as the development team will continue crunching to make our solution on blockchain happen in time.

CXO tokens

As we speak, your tokens have already been allocated for you on the blockchain. Please, read through the token/wallet tutorials to be well aware of what to do to receive your tokens. You will be able to immediately see your CXO balance on etherscan. Your wallets will display CXO once their authors update list of tokens, or immediately if you add it as a custom token. To do that, use symbol CXO, token contract id 0xb6ee9668771a79be7967ee29a63d4184f8097143 and 18 decimal places.

For presale contributors — you will get your tokens in the next couple of days. This was exactly the reason, why we have decided to lock the tokens for 3–14 days — to have enough time to sort everything out after the ICO, and to tie all loose knots, before we open doors to exchanges…

To follow our further activities subscribe to our newsletter! Also, check out our Telegram chat group, or visit our Webpage, where we will announce all major news, products and events.

But, most of all — when you go shopping, wherever your goods come from, you can always think they could be cheaper if Smart Bill of Lading would be used!

Sincerely yours,

The CargoX Team