What is LogisticsX (PNP)
LogisticsX will introduce the concept of freelancers delivering parcels on an adhoc basis (Runners) between the collection points and end recipients. Freelancers may also opt to use free spaces in their homes or shops to operate parcel collection points (Parker Points). These freelancers operating these spaces will be referred to as parkers (Parkers). LogisticsX will develop trustless connect (Trustless Connect), a decentralised system that will allow for timestamping and real-time location tracking of parcels. The Logisticsx platform intends for their first partner to be Park N Parcel. For each parcel collected or delivered with LogisticsX, the Parker or Runner will receive certain PNP Tokens, subject to periodic adjustments. Additionally, once every year, an additional reward will be given.
Details
Token supply: 400,000,000
Soft cap: 2,000,000USD (fiat)
Hard cap: 11,000,000 USD(fiat)
Legal
Blockchain Platform: ICON
Registration country: Singapore
Token info
Ticker: PNP
Type: Utility-token
Accepted currencies: ETH
Token distribution:
40% – Token Sales
20% – Company Reserves
20% – Community Reserves
15% – Team and Advisors
5% – Listing Fees
Funds allocation:
50% – Development
20% – Operations
20% – Marketing
10% – Expansions & Partnerships