300 cubits ico

300Cubits ICO

300Cubit’s TUE tokens are Bitcoin for the shipping industry

300 Cubits ICO April 12 – May 12, 2018

300cubits is a blockchain solution for the container shipping industry, realized through the issuance of a digital currency called TEU2 Tokens. These tokens are supported by the TEU Ecosystem.

Phase 1 of the project is to introduce TEU Tokens as a shipping booking deposit executed through a Booking Deposit Module to tackle the industry pain points of No Show and Rolling. No Show refers to the case where customers book a shipping slot but do not show up with cargo while Rolling occurs where liners accept a booking but fail to load the cargo accordingly. Together, these pain points cost the container shipping industry $23bn of losses annually. (Source: New Jersey Institute of Technology).

The shipping industry has been actively seeking remedies to these pain points but solutions currently in the market – cash penalties, up-front payments and bank guarantees – have not been widely accepted. 300cubits believe TEU tokens offer a less capital-intensive solution for the industry than the existing solutions. Moreover, project implementation should benefit from the project’s strong penetration strategy, experienced management team and easy to adopt technology.

-Source: 300Cubits whitepaper

300Cubits (TUE) ICO Details

300Cubits (TUE) ICO

Token SymbolTUE
TypeEthereum ERC-20 Token (what is ERC 20 Token?)
Total Supply100,000,000 TEU
Coins Accepted ETH, BTC
Min Purchase0.1 ETH
Est. Purchase Reate1 ETH = 400 TEU

Token Distribution

Token Sale40%
Industry54%
Team6%

300Cubits Community

300Cubits Commmunity

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