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The blockchain based GSCP platform is the world’s first freight container registry and the first global platform allowing all players in the shipping industry to perform a wide range of transactions related to the handling of containers.
Key industry players have shown immense interest in supporting the GSCP platform. It is already funded by private angels and The Danish Maritime Fund, and the development of the platform has started. But to further accelerate the development and reduce time to market, we have decided to conduct an ICO, and we are happy to invite you to participate.
“The GSCP platform will enable a savings potential for the global container industry of at least USD 5.7bn per year.”
“The GSCP platform is expected to reduce the global CO2 emission by at least 4.6 million tons yearly.”
Video presentation of the GSCP platform and the ICO
Total number of CCC tokens issued: 50,000,000
Number of tokens offered during the ICO: 42,500,000
Number of tokens held by founders and advisors: 7,500,000
Tokens to be sold during pre-sale and the ICO: 40,000,000
Number of tokens to be given as bonuses: 2,500,000
Price per token during the ICO: USD 0.62
Total ICO Target (hardcap): USD 24,800,000
Currently no solution
Today, the container shipping industry accounts for around 60 percent of all the world’s seaborne trade. But this hugely valuable industry has been troubled for years by challenges like overcapacity, low rates, security threats, and increasing environmental regulations.
It is a well-known fact in the industry that the global shipping needs increased efficiency, improved processes and a fundamental digital transformation to ensure profitability in the future and to comply with environmental regulations.
That is why we are creating the Global Shared Container Platform – GSCP.
A neutral, global platform
GSCP is a neutral, global platform for all the players in the container shipping industry – carriers, ports, terminals, transport companies, and more.
In the world today we have more than 27m metal freight containers, and we are creating the world’s first blockchain based registry that will allow the industry to keep real-time track of all containers. At the same time, the GSCP platform will enable the industry players to efficiently manage all kinds of transactions related to container handling.
The Global Shared Container Platform is an incredibly strong idea with a significant potential for the container shipping industry.
That is why we are creating the Global Shared Container Platform – GSCP.
The GSCP platform will enable a savings potential for the global container industry of at least 5.7 billion USD per year.
The GSCP platform is already funded by private angels and The Danish Maritime Fund. The ICO is a natural supplementary funding source to further accelerate the development and global adoption of the GSCP platform.
The GSCP platform is expected to reduce the global CO2 emission by at least 4.6 million tons yearly.
First Nordic shipping ICO
The GSCP ICO offers a unique set of token features including a Revenue Sharing Model as well as a Market Maker Fund that allows ICO contributors to sell their coins back to the platform at a floor price until Blockshipping has met certain fixed milestones.
The GSCP token model involves the issuance of two tokens:
• The internal utility token, Container Platform Token - or CPT
• The external Revenue Share Token, Container Crypto Coin - or CCC.
CPT will be used for clearing and settlement of transactions between the users of the platform. These transactions will cover services related to global container handling. A percentage of the revenue from the transactions goes to a Revenue Share Pool and is passed on to the owners of the CCC tokens.
The GSCP ICO is not only the first Nordic shipping-related ICO. It is also the first ICO to be based on a new Danish framework called The ICO 2.0 Framework. The framework is expected to be published in May 2018 at the opening of the GSCP public token sale.
The purpose of The ICO 2.0 Framework is to increase the quality standards for ICOs making sure that future Danish ICOs:
- are 100% compliant with Danish law,
- aim at the highest standards in terms of security and quality of coding,
- promote openness, transparency, and honesty, and
- follow a strict code of conduct when it comes to communications and relation building with the ICO stakeholder groups.
The ICO 2.0 Framework is being created by the largest law firm in Denmark Kammeradvokaten/Poul Schmith in collaboration with the Nordic fintech advisory firm Norfico.
Wondering what happens when? See our roadmap to success below.
- Platform Design/Prototyping
- Blockchain Platform Selection
- Smart Contracts Design
- Platform Design/iPaaS Integration
- Smart Contracts Development
- Platform Implementation
- Data Population
- Smart Contracts development
- Mapping of Customer EDI
- data migration
- Soft Launch
- Data Migration
- Hyper Care/Transition
Meet Our Team
We have built up an incredibly strong team of highly competent people with either long experience in key positions in the container shipping industry or with expert knowledge and genuine hands on experience about blockchain technology or smart sensor technology and the use of IoT in a shipping context.
The Blockshipping C-level team
Peter has 38 years’ experience in the shipping industry possessing a unique combination of Shipping Industry background.
Jesper has more than 20 years of experience as a CTO and technical architect within the shipping, airline and energy sectors.
Revenue Sharing Model
The GSCP platform issues two tokens: The internal Container Platform Token (CPT) and the external dividend token Container Crypto Coin (or CCC for short) issued on the global Ethereum blockchain for the ICO. The internal CPT token will be used by the industry players when utilising the platform for clearing and settlement of transactions between them. These transactions will relate to a variety of services and fees like ‘capital purchase’, ‘container exchange fees’, ‘terminal and depot handling costs’, and ‘fees collected by carriers.’
A percentage of the revenue generated from the transaction fees on the GSCP platform will go to a Revenue Share Pool. Through an innovative dividend model, the funds held in the Revenue Share Pool will be passed on to the owners of the CCC tokens in a way that rewards both short-term and long-term token owners.
The mechanics are as follows: Blockshipping will exchange the funds in the Revenue Share Pool, i.e. the internal CPT tokens, to US Dollars. Thereafter, Blockshipping will use smart contracts to conduct a Reverse Dutch Auction on the global Ethereum blockchain, i.e. an auction in which Blockshipping will offer the owners of the CCC tokens a price for their tokens. This offered price will increase at fixed intervals during the auction until the total amount of available Ether is spent.
This way token owners who chose to sell CCC tokens will receive Ether as payment for these tokens. After the auction, Blockshipping will distribute all the CCC tokens acquired from the auction to all the owners of external tokens on a pro rata basis. This way CCC token owners will be rewarded regardless of their decision to sell or keep their CCC tokens.
To participate in the ICO or the ICO pre-sale you must have read the Blockshipping ApS ICO white paper describing the GSCP, the CCC Token and the ICO in its entirety and have carefully considered the risks involved. By participating in the ICO or the ICO pre-sale you acknowledge, understand and agree that the purchase of CCC Tokens does not provide you any ownership or other interest in Blockshipping ApS or the GSCP; that Blockshipping ApS is solely subject to an obligation of means (in Danish: “indsatsforpligtelse”) to develop the CCC Tokens and the GSCP; that you may lose all amounts paid; and that the CCC Tokens may have no value. It is your sole responsibility to ensure that your participation in the ICO or the ICO pre-sale is not prohibited under the applicable legal restrictions in your country of residence or domicile. You are fully responsible for determining your tax position according to your own personal circumstances and reporting to the appropriate tax authorities.