300cubits

"TEU" ERC20 utility token used in ecosystem

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Past ICO

Finished before 218 days

Time: 12.04.2018 - 12.05.2018

PROJECT DESCRIPTION

300cubits 1is a blockchain solution for the container shipping industry, realized through the issuance of a digital currency called TEU 2Tokens. These tokens are supported by the TEU Ecosystem. Phase 1 of the project is to introduce TEU Tokens as a shipping booking deposit executed through a Booking Deposit Module to tackle the industry pain points of No Show and Rolling.

TOKEN DETAILS

Pre-sale 1st ICO 2nd ICO Customers Liners Alternative markets + business development Team

300cubits has earmarked 40mn TEU tokens to be sold to the public market. 300cubits has already sold 2mn, i.e. 2% of total TEU tokens for about 1,588 Ethers, which valued the TEU tokens at about $0.25 each ($25 million in total) based on the Ether value at the time. 300cubits intends to sell another 18mn TEU tokens starting 15 March 2018. This is a blockchain project solving US$23B ghost bookings pain point in the US$150B container shipper industry by creating a digital booking deposit, TEU ERC20 utility token, and ecosystem in Ethereum.

  • Price 1 TEU = 0.0025 ETH
  • Hard cap $25,000,000
  • Supply 100,000,000 TEU

TEAM

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Johnson Leung Co-founder
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Jonathan Lee Co-founder
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Eugene Kim Co-founder
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Tim Choy Project Manager

ADVISORS

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David Yeung Ex CEO of AIG Capital Partner
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Kai Lung Hui Chair Professor of HKUST
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Thomas Eskesen Eskesen Advisory
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Charles G. Wellins President and COO of FlexVan
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