ParcelX
Upik05Introduction
ParcelX aims to create a cross-border parcel delivery ecosystem where any service provider can trust and participate in groundbreaking blockchain technologies. ParcelX is creating a new market for Blue Ocean with blockchain technology.
ParcelX, which uses untargeted, excess bandwidth for in-house delivery providers, unites these geographically distant sites, using the blockchain to seamlessly integrate their services and overcome problems in the industry for all stakeholders. Any new or existing logistics hub, including individuals, can welcome their service combined with ParcelX Network.
The crowdsourcing nature of the ParcelX platform lowers the barrier for service providers and verified individuals to join the ecosystem to nearly zero. It will allow the establishment of a fully-fledged cross-border parcel delivery network with worldwide coverage at unprecedented affordable cost and speed.
Economic interactions between participants on the ParcelX Platform are through its native token GPX (Global Parcel Network, i.e. ParcelX, Token). In the blockchain marketplace or ecosystem on the ParcelX Platform, when a consumer or ecommerce party requires parcel delivery service, it will use GPX to pay the service provider.
Global Parcel Network Ltd. will drive research, development, and deployment of efficient, secure & transparent blockchain architecture onto our existing revenuegenerating business. Funds raised from our token sale will be devoted to creating the ParcelX Network framework and further developing key partnerships. Early adopters and supporters of the ParcelX Network will benefit from the GPX token’s utility through reduced costs, data interoperability, and traceability.
Problems in the Industry
First generation providers give superior service, but have high sunk costs.Because of this, their services are more expensive for all actors in the nodes.Customers end up paying more for their deliveries in order to gain more peace of mind, while suppliers have limited choices to fulfill deliveries.
Second generation providers can achieve lower costs through their decentralized structure, however the limitations of their solution’s aging architecture and the lack of data & service standardization among scattered carriers means they deliver inefficiently and with significant gaps in traceability:
- Different providers are not uncommon to interact through locally stored spreadsheets, handwritten bills of lading, and telephone calls & faxes which are inefficient and prone to errors.
- Lack of trust in a parcel’s information results in redundant operations like reweighing & re-labling, leading to unnecessary costs.
- Deposits and payment periods are critical contract terms, requiring tremendous accounting overhead, and in some cases, third-party verification.
- Failed handoffs, failed deliveries and lost shipments arise. Wasted efficiency, fuel, time and missing products combine to cost the shipping industry billions of dollars per year; costs that brokers rarely cover and are ultimately passed on to shippers.
Consumers & e-commerce clients have limited choices:
- They either overpay huge companies with in-house infrastructure to ensure high quality;
- Or they accept inferior delivery services from an incomplete integration of scattered service providers whose data and service may be untrustworthy and prone to errors.
The ParcelX Solution
ParcelX Model
3rd Generation: ParcelX Model
• Blockchain is our architecture of trust: A decentralized, efficient cross-border parcel delivery network established through blockchain, with seamless & transparent data, efficient transactions, and low costs.
• GPX is our instrument of trust: Closed-loop GPX token economy builds value for early adopters and partners, replicating the “Tonglu Effect” on a global scale.
ParcelX is the “AirBnB” of Global Parcel Delivery.Through the architecture of a distributed and decentralized ledger system without a centralized trust authority made possible through blockchain, logistics service parties globally will be empowered to trust each other without intermediaries.
The inefficiencies plaguing the 2nd generation model will be swept away. In addition, ParcelX platform would issue GPX token as payment utility within the system. Delicate GPX circulation rules would be designed specifically to incent good service and punish any behavior that would not be encouraged or essentially evil. The more or the better you contribute, the more tokens you would get. The better everyone worked together, the more demands would flow into them ecosystem, the higher value of the token would conclude. GPX token economy builds value for early adopters and partners, replicating the “Tonglu Effect” on a global scale.
ParcelX will charge zero-commission on its services, allowing all participants in its ecosystem to focus on their core competencies: building their business and making deliveries. They won’t have to worry about overhead costs and upgrading their IT infrastructure, and instead focus on unlocking their latent capacity and eliminating redundancies in their current inefficient models. Warehouses with spare capacity can generate extra revenue, and even individuals who wish to take part in the cross-border e-commerce market are welcome to contribute to its growth.
TOKEN
GPX is the token issued by the ParcelX Platform.
It provides four main utility functions for all ParcelX Network stakeholders.
Payment
Current Use
Currency Hedge
Current Use
Reward & Membership
Current & Expected Use
Credit
Expected Use
Token Ecosystem and User Journey
Figure 4-1 outlines the ParcelX GPX token ecosystem, which is composed of threem main parts:
Core participants: Participants include clients which refer to e-commerce merchants and end-consumers (the top half of the graph) as well as service providers (the bottom half of the graph), which mainly refer to carriers.
Core platforms: Platforms include the ParcelX Service, the treasury service, as well as the exchange (outside service).
- ParcelX Service: The platform serves as a center of gravity for tokens, providing all the services mentioned in Token Overview and encouraging their circulation and use within the ecosystem.
- ParcelX Treasury: As mentioned in Token Overview: the Treasury will offer the exchange service for clients or service providers to redeem tokens for fiat currencies.
- The Exchanges: ParcelX will be listed on top ranked exchanges for liquidation purposes for individual users.
ICO details
General information
Token: GPX
Platform: Ethereum
Standard: ERC20
Qty: 1,000,000,000 GPX
Price: 1 GPX = 0.18 USD
Payment: Ethereum
Soft cap: 7,000,000 USD
Hard cap: 40,000,000 USD
KYC: NO
Pre ICO
Start: 07/02/2018
Completion: 07/31/2018
ICO
Start: 08/01/2018
Completion: 11/01/2018
ROADMAP
July 2018
Sale of tokens. Start planning, deploying and deploying Sandbox ParallelX.
October 2018
ParcelX v1 beta is ready. Start transferring your existing business to the ParcelX network.
April 2019
Full beta operations and the expectation of stable and quality service. Intensify your business development campaign.
November 2019
The network reaches a scale of more than 5 million per month. Start optimizing with data and add service planning.
April 2020
Refine ParcelX Network with AI and machine learning. Run a beta test of service-oriented service with technology.
October 2020
Premium service. The introduction of B2C services. IoT integration planning for 5G distribution.
TEAM
Guo shunri
CEO & Co-Founder
Yang mingyi
President & Co-founder
Steven roussanov
CMO
Hiroyuki kawai
COO
Nirvana XU
PR Head （Greater China）
Advisors
Eric gu
Blockchain Strategic Advisor
Zhoulong Yang
Logistics advisor
Daniel Santos
Business advisor
Chuan Jin (CJ) Fong
Strategy advisor
Ashish gaurav
Token growth advisor
Selvakumar esra
Technical Advisor
More information contact :
Website : https://parcelx.io/
Whitepaper : https://parcelx.io/whitepaper/ParcelX-Whitepaper-EN2.0.pdf
ANN Thread : https://bitcointalk.org/index.php?topic=5031141.msg45838626#msg45838626
Facebook : https://www.facebook.com/GlobalParcelX/
Twitter : https://twitter.com/@globalparcelx
Telegram : https://t.me/joinchat/HqU0ywvC0I_LQ-4LHreKyA
Medium : https://medium.com/@GlobalParcelX
Author : Upik05
BTT username : upik05
BTT Profile Link: https://bitcointalk.org/index.php?action=profile;u=2205131
Address wallet
0x6B4D2B44e4FB4648FE87029C4ddf00Da999127c4