Topic: [ANN][ICO][ENCN] EndChain 🔥(US Patent-Pending)🔥 Affordable Tracking Solution - page 3. (Read 110068 times)

We do plan to enter the Asian market first, but as we grow, we will be entering other markets.

EndChain will easily be able to determine who has lost packages due to transparent blockchain tracking and smart contracts that can be used to ensure every company is responsible for the package under their control.

As for broken packages, as long as the outside of the box is damaged, anybody in the supply chain can make a note that the box was damaged when they received it. Due to the encrypted communications channels we will incorporate, you will not only be able to identify the culprit that damaged your goods, but also immediately talk to then.

It is probably not possible to solve all the problems that can occur along the supply chain. If it's packaged and breaks, you still don't know when exactly that happened.

What market do you plan to enter first? I am interested in the Russian market. Not so long ago, I made an order and my goods were broken in the process of transportation, it is very difficult now to find who is to blame

Thanks for posting this! We published this article a few days ago, take a look!

Thank you for the honest review, it is always appreciated.

A few things to note:

1) Unsold tokens will be burned. We have hired a marketing team to help answer questions, we will be sure to inform them of this
2) We will be build in Ethereum in the beginning, but our long term goal is to make our own chain
3) We do not believe this will be challenging to scale, we have had multiple interested parties and we have just started

For those who are unfamiliar with this rating, it is very high for this author. You can check the review on hacked.com.

EndChain API- What is it? Why are we working on it?
https://medium.com/@endchain/endchain-api-what-is-it-why-are-we-working-on-it-b20324d76918

ICO Analysis: EndChain
Published on December 12, 2018
By Joshua Larson

Verdict
    “EndChain provides a complete and cost-effective logistics package that benefits all parties of the supply chain. While most utility tokens focus on high end goods, EndChain focuses on the low to middle market, an area that has been ignored for too long. EndChain is able to enter this market due to the ease and low price of our system compared to other utility tokens which focus on expensive NFC chips or manual entry.”
The current blockchain solutions for the logistics industry won’t work for the majority of goods. They are too expensive to mass produce, therefore, they focus on luxury goods such as handbags, diamonds, and art while the vast majority of market purchases are ignored. EndChain is working on a solution by making a cost-effective product that can be applied to all goods.

Risks
    Ethereum Blockchain. -1
    There is already a lot of blockchain competition, and all their token values are at all time lows right now. Demand is not currently here. -2
    3% of their tokens will go to bounty/referrels. These bounty hoes usually just dump their tokens as soon as they hit an exchange. -1
    50% presale bonus. Same thing as above. They will dump at the first sign of dumpage. -1
    This will be really challenging to scale. -1.5
    Unsold tokens may or may not be burned. When we asked them in Telegram, their response was, “Once we got a concrete details, Soon we will be having an important announcement regarding that matter, stay tuned.” -0.5

Growth Potential
    The team has produced a very profession ICO, a patent pending scan system, and lots of work on GitHub. Here’s their CEO giving a quick explanation on the work they have achieved so far. +2
    Their uniqe QR code incorporates a barcode within the QR code. This allows users to scan the only code found on the packaging. Businesses that still use a legacy system can scan the embedded barcode. +3
    2-4% of the revenue generated from sales will be dedicated to burning EndChain tokens. +4
    They will give a percentage of ENCN tokens to tradition shipping companies for free, to recruit them to the blockchain. Once they see the benefit of EndChain, they will become valuable costumers. +2
    One of the largest benefits of this system is that it can be done offline. Information isn’t being downloaded, only uploaded, therefore it can remain in the system until its fully loaded, no need to wait to scan the next item. +3

Disposition
The team is strong, the whitepaper is professional, and the roadmap is realistically detailed. The goal is to launch the full version in Q3 2020. If they raise enough money in this token sale, we like their chances more than most. 7/10

Happy to explain. Blockchain is open source, but certain use cases of it can be protected against being copied. This is especially important in this market, in which 100s of ICOs pop up every month. Without it, there is nothing to stop competitors from simply copying your idea.

If any ICO participant believes in our idea, in which blockchain can be brought to mass products for an affordable fee, then they would want us to protect our idea and ensure our company is the one that succeeds. We are quite confident the patent will be passed as we have done our due diligence to ensure there are no similar patents out there.

Our patent has already been submitted quite a few months ago. At this point, we must wait for the government to approve it. This usually takes 1-2 years from submission.

The good news is that our team has not heard any complaints or received any change requests from the patent office. This means that so far, everything is headed in the right direction and is passing the necessary stages to be approved.

We are active on all our social media . Don't forget to check out our telegram which is far more active!

Thank you for the support goigiacmove, we are actively developing the project and speaking to potential partners about how we could best work with them. We believe in focusing on the product at this critical juncture.

In any case, ICO participants do not need to worry. If our fundraising goals are not met, we will return the funds

Hello! Our team is quite busy developing our product, but we may also develop a progress bar when the ICO is further along.

Currently, we are still pre-ICO, which is just 10% of the hard cap

Maybe I am wrong, but I don't think that patents are necessary in crypto world, where most of things are open-sourced, decentralised.
Any explanation why Endchain need to have patent?

How long it will take to confirm the Patent ID? do we have any exact ETA for this patent because many people are showing interest on the basis of your Patent ID and show interest the way you exposing your IP.

hello dev, what about this question?
I am interested in your project, but the transparency of funding in my opinion is very important

This is a good platform that certainly will have huge success. There is a review of EndChain project in the Russian language: https://www.cryptoprofi.info/?p=1432.

yes you are right, if seen from the target market this project is indeed very promising. I like it when they explain the project and the team always actively replies to all the questions in this thread.

Yes, the project is really good. I think the direction chosen by the EndChain team is very interesting and promising. In my opinion, this type of business will be able to take root in this market, and in the future, with the right approach and implementation of this startup, will not bring bad profits.

Give the team time to develop Endchain, and stop asking repeatedly about progress is better option.
That's what I thought, and the same as yours.

People have demanded other times too for progress bar addition on the website near counter. It will have good impact n small investors regardless of the speed of investment and raised funds so far. Lot of people hesitate to join any project until they they are not sure of everything. In spite of all the existed potential in current conditions importance of progress bar increases much more.