NEXTPAKK - The Blockchain Enabled and Distributed Logistics Solutio...

ICO market is nowadays pretty similar to the Wild West during the gold rush period. It is possible to earn money very quickly, sometimes even good money, but you have to find a perfect spot, or in this case, a good project to invest. Common thing to the Wild West? No guaranties and almost no law. It is pretty easy to find bad cowboys which are going to promise you golden mountains to steal your last piece of bread. So in all this mess, if you want to find your gold nugget, you can trust just your own brain composites.

After my research, I found this project in which I really put my faith: Nextpakk. Very likely you haven’t heard about them, project is made by great team members. Nevertheless, guys have an advantage, many other teams does not: already existing product made on a very perspective field. But these are not all pluses I found in this project. Below you can read the analysis and decide on your own, do you want to send some pennies to the pot.

NextPakk is a delivery service that allows customers to schedule delivery within an hour of the window ensuring customers are at home when the package arrives. NextPakk uses blockchain technology to track packages, while protecting customer identity and ensuring timely delivery. Nextpakk is a digital platform that works on block chain technology to provide smooth logistics services to the e-commerce partners. It has been designed to especially eliminate the loopholes like lost deliveries, stolen packages, delayed deliveries, and many more. It takes care of the convenience for the online shoppers so that they receive their package on time. The platform keeps data privacy and data transparency very tact so that customers may feel safer and they can continuously track their parcels in real time. They no more have to keep thinking if their packets will be stolen or not. The platform is backed by a token system where a token is called as PAKKA Token which is used for trading or repayment or guarantee amount for the package.

Pakka blockchain is the first blockchain solution in last-mile logistics, providing a convenient, secure way to ship packages while maintaining data privacy. Operating around a decentralized community-sourced cryptocurrency, Pakka tokens can be used to exchange value on the platform, while effectively and securely tracking packages and their chain of custody. We’ve eliminated the need for warehouses in our ecosystem. Instead, we’re supporting local businesses, as they’re paid per package received in their stores. Independent drivers have the opportunity to earn income making scheduled deliveries, while NextPakk is eradicating additional trips for missed deliveries and loss from stolen packages. Blockchain and sharing economy, each disruptive on their own, were combined to create a decentralized platform for consumer-scheduled evening delivery, 7 days/ week. Creating a marketplace of online shoppers, local businesses for package delivery points (PDPs), and local last-mile delivery drivers that gives consumers convenience, control, and security over their delivery. Pakka blockchain will be the backbone of the DApps built to conduct Logistics business and last-mile services, using the Pakka tokens as payment and or collateral for packages, while changing hands from pick up until delivery.

PROBLEMS

INSUFFICIENT FACILITIES

Having fewer facilities decreases the proximity to consumers, reduces delivery speed and cost more money. An insufficient number of distribution facilities will increase travel time.

DISTANCE

The location of last-mile distribution centers is critical. A company that doesn’t choose its distribution centers wisely will still incur considerable expense and delay during the last mile.

TRAFFIC

A five-mile trip in a busy city can take time. In more congested areas, companies will need to consider more than just distance.

LOSS

With more people shopping online missed deliveries and package theft is a serious problem.

The Solutions

MORE FACILITIES

We're' partnering with local businesses to be our package delivery points to effectively utilize unused space. This will allow us to be scalable with minimal infrastructure while increasing the proximity to consumers.

SHORTER DISTANCES

The Package Delivery Points (PDPs) are located close (typically < 5 miles) to where the customers live, resulting in shorter distances and less time to make the final delivery to customers.

LESS TRAFFIC

With the additional PDPs spread out in strategic locations in a city, they can efficiently overcome traffic challenges.

ZERO LOSS

The PDPs and drivers are incentivized to create a platform that gives shoppers the control to schedule the day and time of delivery when they're home. This results in zero missed deliveries and zero package theft.

At NextPakk, we’re “reinventing the logistics of life” and transforming last-mile logistics through a sharing economy built on blockchain. The beauty of this system is it’s frictionless, efficient, and transparent. Operating around a decentralized sharing-economy cryptocurrency, Pakka, tokens will be used to exchange value on the platform while effectively and securely tracking packages and their chain of custody. Pakka blockchain will be the platform of choice for logistics business and related services in the last-mile. We support local businesses through PDP (Package Delivery Point) partnerships: businesses accept packages, shielding them from porch pirates and inclement weather. From there, customers receive an alert, telling them their packages have arrived locally and they’re set to schedule delivery at their convenience – when they’re home.

NextPakk DApps Use Cases

NextPakk DApps can be applied to any shipping solution at any scale. For import/exports to shipping cars across cities to shipping industrial goods among distribution channels etc. However we are committed to use this solution to fix the Last Mile logistics problem area by driving the business through partnerships across small businesses across the country to hold our Package Delivery Points (PDPs) and building a fleet of share economy drivers across the country to bring down the issues that all the eCommerce and local businesses face in getting their goods in the buyer’s hands, the moment that matters. In areas where there are lot of losses in the shipment, Pakka blockchain will be a saviour for both manufacturers and shippers as the shipment is fully guaranteed by the underlying collateral in Pakka tokens.

TOKEN AND ICO DETAILS

Token name: NextPakka token

Code: Pakka

Platform: Stellar

Total supply: 1 billion Pakke

Softcap: $3.2 million

Hardcap: $ 32 million

To Purchase A Token: 29.05 – 30.09

Price: $0.16 - $ 0.32

SOFT CAP: $3.2 million USD | PLATFORM: Stellar | PURCHASE METHOD: BTC-ETH-USD

Private Token Sale

Supply: 8%

Duration: Mar 29th - July 30th, 2018

Price: 1Pakka = $.16 USD

Goal: 12.8 million USD

Public Pre-ICO:

Supply: 12%

Duration: Aug 1st - Aug 31st, 2018

Price: 1Pakka = $.24 USD

Goal: 28.8 million USD

Public ICO

Supply: 30%

Duration: Sep 1st - Sep 30th, 2018

Price: 1Pakka = $.32 USD

Goal: 96 million USD

Pakka is a token for exchanging value on the platform, tracking packages and establishing an effective chain of custody. The same Pakka tokens can be used to obtain NextPakk services and partner services as long as NextPakk operates in an area and there is a need for deliveries. Using Pakka tokens consumers can buy physical products and services from Pakka-enabled merchants.

Fund Allocation

35% - marketing

25% - product development

20% - business development

15% - research and development

5% - Legal And Management

ROADMAP AND DEVELOPMENT PERSPECTIVE

Above you can see the roadmap — how the team sees their nearest and long-term future.

TEAM MEMBERS AND ADVISORY MEMBERS TO THE PROJECT

Team seems to be the strongest part of this project. It consists of innovative and talented people. Of course I cannot complain if we talk about their professional level, guys indeed are experts on their field.