CargoX logo

CargoX

Global trade on the blockchain


CargoX aims to disrupt the global logistics industry by introducing Smart B/L documents based on blockchain technology, replacing old-style paper Bill of Lading documents. With the Smart B/L users will be able to state and transfer cargo ownership rights without the hassle of handling paper.

Business services Infrastructure

4.2


4.5
ICO PROFILE
4.0
TEAM
4.1
VISION
3.9
PRODUCT
Ended
Token CXO
Platform Ethereum
Country Slovenia
ICO Start Date 23 Jan 2018
ICO End Date 04 Mar 2018

About CargoX

CargoX will transform the global shipping industry by securing “Bill of Lading” documents using blockchain technology, thus providing a way for importers and exporters to exchange those documents digitally, securely and without counterfeit in an open environment.

CargoX aims to disrupt the container shipping industry through the creation of decentralised and open protocols, tools and utilities for the exchange of shipment ownership (Bill of Lading) documents in the logistics industry.

With Smart B/L we will change today's physical (paper) proof of ownership used for claiming cargo at the destination port with blockchain-assisted digital proof of ownership, making it more secure, instantly transferable, easier to archive and massively cheaper than the current (paper) solution.

CargoX will connect producers, importers, freight forwarders and other involved parties in a well-balanced ecosystem based on trust and frictionless interactions, providing tools for seemingless exchange of documents, saving them time and money while giving them a high level of security, transparency and traceability–the logistics industry’s top three pain points and problems.

Team

Stefan Kukman member of CargoX ICO
Stefan Kukman
Founder & CEO
Gašper Šetinc member of CargoX ICO
Gašper Šetinc
Product Manager
Janez Kranjc member of CargoX ICO
Janez Kranjc
Blockchain Developer
Primoz Mavsar member of CargoX ICO
Primoz Mavsar
Designer
Jaka Mele member of CargoX ICO
Jaka Mele
Marketing & PR
Jure Tomc, MBA member of CargoX ICO
Jure Tomc, MBA
Business Developer
Una Softic member of CargoX ICO
Una Softic
Community Manager
Peter Selekar member of CargoX ICO
Peter Selekar
Digital Advertising
Peter Merc member of CargoX ICO
Peter Merc
Legal (Lemur Legal)
Damjan Kralj member of CargoX ICO
Damjan Kralj
Otmar Zorn member of CargoX ICO
Otmar Zorn
Stefan Haizinger member of CargoX ICO
Stefan Haizinger
Peter Kern member of CargoX ICO
Peter Kern
Gabriela Albreht member of CargoX ICO
Gabriela Albreht
Julien Coustaury member of CargoX ICO
Julien Coustaury
Jure Poljsak member of CargoX ICO
Jure Poljsak
Vjeran Ortynski member of CargoX ICO
Vjeran Ortynski
Dawid Maeser member of CargoX ICO
Dawid Maeser

Milestones

  • 1

    October 2015

    Brainstorming and Market Research.
    A team of experts from IT and logistics created a concept of a transparent, user- friendly and very fast container shipping platform.
    The idea for 45HC was born.

  • 2

    March 2016

    For the rst time, customers have instant shipping rates through several providers.
    From all over the world to their warehouse, without any hidden fees or excuses.
    Accepted to ABC Accelerator and gets rst small Angel investment.

  • 3

    August 2016

    The 45HC.com is completed with all MVP features.
    New responsive design raises market attention and attracts many new customers.
    45HC becomes known as the skyscanner for cargo transport.

  • 4

    December 2016

    After a great year, we nally sign our 100k+ angel investment.
    This year we win PODIM’s Pitch challenge competition, we are the winners of the EBAN Winter University competition in Zagreb, and we also become Websi champions.

  • 5

    July 2017

    The team now has 10 members and our growth was over 600% on container volume on last year (whole year).

  • 6

    August 2017

    Out of the desire to simplify the paper-plagued world of Bill of Lading documents, CargoX is born.
    CargoX and 45HC are complementary products that bene t from synergies.

  • 7

    November 2017

    CargoX.io Pre-ICO preparation.
    The team is built, we attracted several key advisors.
    Raising additional funds through the ICO will help us implement our vision of the future of global trade.

  • 8

    February 2018

    CargoX.io ICO.
    The ICO will run in February and allow everyone to buy CXO tokens.

  • 9

    Q1 2018

    First Crypto Cargo Payment option.
    CargoX CXO token will be added to 45HC.com as a payment method.
    Buying CXO tokens at ICO could reduce importers’ transport costs by up to 90%.

  • 10

    Q1 2018

    Release of B/L eXchange protocol.
    We will be releasing our B/L eXchange protocol and announcing the rst beta trial Smart B/L sea-freight shipment.

  • 11

    Q2 2018

    Smart B/L dApp.
    Release of Smart B/L eXchange dApp. We have already signed an NVOCC (non-vessel operating common carrier - one of top 10 in the world) for the test trial.
    The Smart B/L will be issued in Asia for a container shipment from Asia to Europe.

  • 12

    Q2-Q4 2018

    First customers.
    Adoption of rst NVOCCs, importers and exporters.

  • 13

    Q1-Q2 2019

    Add-on features (Banks & Insurers).
    Extending the protocol to accommodate L/C instrument equivalents, insurance agreements.

  • 14

    Q3-Q4 2019

    CXO as a settlement instrument.
    Upgrade of the protocol to allow for on-chain settlement, rst by using CXO token, immediately followed by selected “stable” tokenised currencies. Potential candidates include MakerDAO’s DAI and DigixDAO’s DXO.

Financial

Token Info
Token CXO
Token Type ERC20
Platform Ethereum
Investment info
Distributed in ICO 40%
Soft cap 1,500,000 USD
Hard cap 7,000,000 USD

Others in "ENDED ICO"