300cubits TEU

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Ico logo 300cubits-teu.jpg TEU Tokens: Bitcoin for the Shipping Industry
Rating 3.8
Team Vision Product
4.2 4.1 3.9


Summary[edit]

"TEU" ERC20 utility token used in ecosystem to solve $23B ghost booking in $150B shipper industry.

Token TEU
Price 1 TEU = 0.0025 ETH
Bonus Available
Platform Ethereum
Type ERC20
Accepting ETH, BTC
Minimum investment 0.1 ETH
Distributed in ICO 18%
Hard cap 12000000 USD
Tokens for sale 2000000
Country Hong Kong
Restricted areas USA, China
preICO start preICO end ICO start ICO end
n/a n/a 2018-04-12 00:00:00 2018-05-12 00:00:00


About[edit]

Pre-ICO: 2% of the TEU tokens have been sold during Aug-Sep 2017 for 1588 ethers. Private placement started and ICO will start on 15 March.

System development: A system prototype has been tested by 20 plus largest players in the industry. Production system is under development. Alpha version will be tested with live shipment in Feb. Production system will go live on 15 June 2018.

Adoption: Some of the largest shipping customers have formed alliance with 300cubits to promote use of TEU tokens as booking deposits. 300cubits is also in discussion with the popular common booking portals to expose TEU tokens for users. Customer onboarding has started on 1 February in form of token distribution.


Advisors[edit]

Team photo 2059-21697.jpg
David Yeung
Ex CEO of AIG Capital Partner
Team photo 2059-21698.jpg
Kai Lung Hui
Chair Professor of HKUST
Team photo 2059-21699.jpg
Thomas Eskesen
Eskesen Advisory


Team[edit]

Team photo 2059-21680.jpg
Johnson Leung
Co-founder
Team photo 2059-21681.jpg
Ho Hing Lee
Co-founder
Team photo 2059-21682.jpg
Eugene Kim
Co-founder



Milestones[edit]

  1. JAN 2018
    WEBSITE RE-LAUNCH.
  1. 22 JAN 2018
    SHIPPER SIGN-UP ANNOUNCEMENT DATE.
  1. 1 FEB 2018
    SHIPPER SIGN-UP START DATE.
  1. FEB 2018
    LIVE TRIAL OF TEU DEPOSIT BOOKING.
  1. 12 FEB 2018
    ICO ANNOUNCEMENT / REGISTRATION DATE.
  1. 5 MAR 2018
    TPM LONG BEACH CONFERENCE.
  1. 18 MAY 2018
    SYSTEM BETA.
  1. 15 JUNE 2018
    SYSTEM LIVE.
  1. 30 JUL 2018
    SHIPPER SIGN-UP END DATE.
  1. 12 APR 2018
    ICO Start Date.
  1. 12 May 2018
    ICO End Date.

Ratings[edit]

Expert photo jan-schets-1517109688.jpg

Jan Schets - ICO advisor | CIO | Blockchain Consultant | Early Crypto Investor
Rated on 2018-02-24

Amazing potential if executed correctly. There is a definite need for a market changing mechanism, and TEU seems to fill that gap perfectly.

Team knows exactly what they are doing from the business side of things. If they manage to nail the tech side, this project will have a bright future.

Rating
Team Vision Product
5 5 5

Expert photo luca-cotta-1513699936.jpg

Luca Cotta - Icodriver...expert launching ICOs, ICO Influencer, IT expert.
Rated on 2018-04-08

Here, why i rating top, i check real deep.


1. Where is your company registered? Could i have a copy of certificate of incorporation, list of directors and details of registered office address?
Hong Kong

Directors: 2 co-founders. Jonathan Lee and Johnson Leung

Jon Lee, [28.02.18 04:32]
2. Can i have details of any intellectual property which the company has created, registered or applied to register?
The IP we hold is registered under Hong Kong
https://www.ipd.gov.hk/eng/intellectual_property/trademarks/registry.htm
We register brand name of 300cubits, logo of 300cubits and TEU token.

Jon Lee, [28.02.18 04:32]
3. Can you share your Cap Table?
Our offering structure is based on token with maximum of 18M tokens to be sold. Since we offer various bonus and thus the cap is based on 18M tokens sold.

Jon Lee, [28.02.18 04:33]
4. What is the vesting schedule for Team and Advisors token?
As stated in the p.9 of whitepaper_2.0
The remaining 6% TEU tokens will be kept as compensation for the founders’ team with a 2-years sale restriction until 1 Aug 2019.
https://300cubits.tech/pdf/whitepaper_2.0.pdf

Jon Lee, [28.02.18 04:33]
5. Is vesting for Team and Advisors coded in the smart contract?
No, it is not secured in smart contract

Jon Lee, [28.02.18 04:33]
6. is your smart contract deployed for the ICO?
It’s deployed in testnet.
Address: 0xfFF901A8F19C55cec35B8EfDd3A6772f9A7C2600

Jon Lee, [28.02.18 04:35]
[ File : test ico contract - Ropsten.txt ]
ABI, contract address & etc

Jon Lee, [28.02.18 04:35]
7. Was your smart contract audited by an independent cybersecurity company?
We offer bounty in github repo. No whitehat hacker issues any findings.

Jon Lee, [28.02.18 04:35]
8. Could i have a link to your github repo?
https://github.com/300cubits

Jon Lee, [28.02.18 04:36]
9. Do you have a working product available to test?
We have a working prototype. If you need it, I will create user id/passwd for you together with a 32-pager walkthrough.
http://prototype.300cubits.tech
https://github.com/300cubits/Prototype

Jon Lee, [28.02.18 04:37]
10. Has the code for your product been published, and has is it been audited by an independent cybersecurity company?

We run security tests and found less than 10 low risk issues out of 10K security tests.

Moreover, as stated at P.13 of white paper 2.0, the IT firm has an independent quality assurance team to conduct audits (including cybersecurity).

Moreover, 300cubits has engaged Kinetix to review the Fundamental Layer and to build the Intermediate Layer and Application Layer of the production system, which is expected to go live on 15 June 2018. Kinetix is leading IT firm found in Hong Kong with over 18 years of track records completing over 600 contracts in providing services and solutions to the Hong Kong government, insurance companies, public utility companies in HK and Macau, and numerous companies in private sector. Kinetix has proved to be able to deliver services of the highest standard as recognized by its ISO 20000-1:2011-IT Service Management certificate. The Hong Kong government has repeatedly awarded Standing Offer Agreement for Quality Professional Services 4 (SOA-QPS4) under all categories to Kinetix. Kinetix has also been in partnerships with market-leading IT firms like IBM, Microsoft, SAP and Oracle.

http://www.kinetix.com.hk/

Jon Lee, [28.02.18 04:37]
11. Are you using a reputable 3rd party for KYC verification? How safe is it to upload my Identity Document on your site?

We establish the internal compliance procedure according to the banking best practice in Hong Kong (as I came from banking with more than 20 years’ experience). External legal counsel and our advisor (KL Hui, a leading expert in data privacy in the University of Science & Technology) have vetted on the policy and procedure. The site will only keep minimum ID documents. It will be removed after approval and safe kept in offline. Data privacy related policies:
https://300cubits.tech/pdf/300cubits_pps.pdf
https://300cubits.tech/pdf/300cubits_ICO_PICS.pdf

Jon Lee, [28.02.18 04:37]
12. Can us investors participate in the sale? If yes did you secure Reg-D?
Section 14 Representations and warranties of TnC (p.9)
you are not a citizen, resident (tax or otherwise) or green card holder of the United States of America, nor are you purchasing on behalf of one;

We don’t allow US resident to participate and thus no Reg-D. And we don’t advertise (in Google) in USA at all. In our KYC process, we require whitelist participant to self-declared explicitly if they are AI. If they are not or don’t respond, we will reject them.

Rating
Team Vision Product
5 4 4

Expert photo karavaev-1512904655.jpg

Igor Karavaev - ico advisor and investor
Rated on 2018-04-28

Rating
Team Vision Product
3 3 3

Expert photo vladimir-nikitin-1530028867.jpg

Vladimir Nikitin - ADVISOR | CONSULTANT | EXCHANGES Listing
Rated on 2018-04-11

Rating
Team Vision Product
3 4 3

Expert photo benchy.jpg

Benchy - ICO Analyzer Bot
Rated on 2018-10-17

Rating
Team Vision Product
0 0 0