ICO Review: BitNautic

Bitnautic

Name of ICO: Bitnautic

Summary of ICO: BitNautic is decentralised platform for the shipping industry built on the Ethereum blockchain. The platform is designed to seamlessly and transparently match supply and demand for shipping services. It achieves this through a combination of real time tracking, smart contracts and an AI booking system.

Token symbol: BTNT

Total supply: 50,000,000 BTNT

Total for sale during ICO: 35,000,000 BTNT

Pre-ICO start date: 1 May 2018

Pre-ICO end date: 31 May 2018

ICO start date: 1 June 2018

ICO end date: 15 September 2018

Exchange rate during ICO: 1 ETH = 500 BTNT

Accepted payment: ETH

Hard cap: 25,000,000 BTNT

Soft cap: 2,500,000 BTNT

BitNautic Website: https://bitnautic.io/

BitNautic Whitepaper: https://bitnautic.io/documents.html

BitNautic Telegram: https://t.me/bitnautic

BitNautic Facebook: https://www.facebook.com/bitnautic/

BitNautic Bitcointalk: https://bitcointalk.org/index.php?topic=3351552.0

Team:

Chairman: Gulzar Bajwa
CEO: Gianfranco Pierini
CTO: Paolo Angelini
COO: Anmol Bajwa
Chief Shipping Officer: Capt. Savio Gomez
Chief Relationship Officer: Muhammed Salman Anjum
Head of Marketing: Saverio Salaris
Lead Front-end Engineer: Carlo Vespa
Community Manager: Ciro Borrelli
Chief Information Officer: Garry Singh

Benefits of Bitnautic:

Carriers and ship owners will be able to list their ships using the real time brokerage system. This will also allow for real time updating of their locations. Along with provide accurate information for potential customers, it will also act as a way of generating new business for these carriers and ship owners.

Using Bitnautic users will be able to see shippers that are available in any country. This will be based on the type of ships that can carry their specific cargo, the location of the cargo and the final destination.

Bitnautic will use smart contracts to lock in BTNT tokens during the transaction. These will be released once the buyer is able to confirm that the seller has fulfilled their obligations. This provides safety and transparency during the shipping process for both parties.

Distribution of Funds:

30% – Partnership and Acquisitions
20% – Marketing and Sales
20% – International Expansion
17% – Admin and Operations
10% – Research and Development
3% – Legal Fees

https://bitcointalk.org/index.php?action=profile;u=1138788

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