EndChain (ENCN) - ICO Details
EndChain ICO Summary
EndChain is bringing blockchain solution in the Big Data industry.
Their initial coin offering will be held from February 1, 2019 and investors will be able to buy it until April 30, 2019.
A total of 135,576,931 ENCN will be created and 74,567,312 will be available during the coin offering.
ENCN sale will be considered successful if their softcap of 4,000,000(USD) is reached. Please keep in mind that the sale could end before April 30, 2019 if the hardcap of 15,000,000(USD) is reached.
During EndChain ICO, investors will be able to buy ENCN at 0.24 USD per Coin/Token.
Get all the details about EndChain below and on EndChain Official ICO website
EndChain Project Info
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.
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.
AI and Big Data:
Our team will leverage their experience in AI and big data by integrating both with EndChain. AI will be used to detect and alert any attempt to copy our codes. This will be done via parameters such as: locations the code is scanned, number of times a code is scanned, etc. Big data will focus on the data gathered by manufacturers and logistics companies to best help them optimize their platforms.
EndChain ICO Details
EndChain Stage Details
|Token for sale||74,567,312|
|Token Price||0.24 USD|
Development of EndChain concept.November 2017
Whitepaper v1 completeed, design process flow.February 2018
Discussions with patent lawyers.June 2018
First working version of unique EndChain QR code/barcode. Different versions being tested for efficiency.August 2018
Launch of www.EndChain.io Release of a finalized EndChain Whitepaper.September 2018
Setting up ICO and reaching out to potential partners. Obtain patent pending status.October 2018
Start token crowdsale.December 2018
Finish of crowdsale. Token distribution following internal and external audit.January 2019
Develop beta smart contract library. Basic KYC framework development. Prepare strategic partners for early adoption.Q1 2019
Direct communications infrastructure. Create API for easy use of our system.Q2 2019
Complete test platform for contracts. Alpha-testing of Minimal Viable Product through existing app with leading partner.Q3 2019
Beta-testing of the app, roll out beta to more partners. UI and UX improvements to app.Q4 2019
Discuss with beta-testing users and update app based upon suggestions. Improve app functionality and backend integration.Q1 2020
Improvements for fraud reporting and allocation. Train AI to recognize patterns in fraud.Q2 2020
Full version of app launch.Q3 2020
Big data analytics opens. Further development and features to be announced.Q4 2020