ENDCHAIN

Hello guys,, I want to introduce the EndChain project, and for more details, let's go to the following discussion:

How will it work?

EndChain aims to cover each sector of the supply chain, including the second hand market. Our product will be affordable, allowing even every day goods to be tracked on the blockchain. Additional functions for communications among the supply chain & allowing to set up subchains, further enhances the relevance of the product for the supply chain.

Simple to use

The EndChain QR code is unique in that it incorporates a barcode within the QR code. This design allows for simplified use as EndChain users will know to scan the only code found on the packaging. Other businesses which rely on legacy barcode technology will be able to scan the embedded barcode. Thus, EndChains QR code creates a singular code to work on any type of system. An additional benefit is that the single code can update both the blockchain and any internal legacy systems with a single scan. The goal of this is to reduce complexity while increasing efficiency.

Value creation

A blockchain company can only be as strong as its economy. EndChain is committed to both its corporate users and investors. To ensure that the needs of both are met, a deflationary self-regulating economy will be used. Corporations will be encouraged to buy and hold EndChain tokens in order to purchase QR codes, make smart contracts and access the data stream.
A percentage of the fees associated with these functions will be ‘burned’ to reduce the number of tokens in existence. Shall the market value of EndChain stay the same, the price of individual tokens will rise.

Economics

A token needs a thriving marketplace to be successful. Tokens that are not being utilized serve no purpose to investors. Additionally, tokens that do not have a consistent steam of buyers creates unstable prices. This is why EndChain has focused on ensuring a lively market by engaging companies to purchase EndChain tokens. By using our tokens, companies can receive a discount on our qr codes, big data and smart contracts.
How does this help EndChain buyers?
With a large base of potential customers, EndChain can immediately get to work selling our product. 2-4% of the revenue generated from sales will be dedicated to burning EndChain tokens. This will help decrease the number of EndChain tokens in the long term; thus increasing the price. As most companies need to plan ahead and budget, they are likely to buy and hold an amount of EndChain tokens. This will create strong support for the EndChain market.

ENCN TOKEN

Distribution of Tokens

Fund Distribution

Roadmap

November 2017
Development of EndChain concept
February 2018
Whitepaper v1 completed design process flow
June 2018
Discussions with patent lawyers
August 2018
  • First working version of the unique EndChain QR code/barcode
  • Different versions being tested for efficiency
January 2019
  • Finish Pre-ICO
  • Token distribution following internal and external audit
December 2018
Start Pre-ICO
October 2018
  • Setting up ICO and reaching out to potential partners*
  • Obtain patent pending status
September 2018
  • Launch of www.EndChain.io
  • Release of a finalized EndChain Whitepaper
1Q19
  • Develop beta smart contract library
  • Basic KYC framework development
  • Prepare strategic partners for early adoption
  • Token Crowdsale from 1 Feb - 30 Apr 2019
2Q19
  • Direct communications infrastructure
  • Create API for easy use of our system
3Q19
  • Complete test platform for contracts
  • Alpha-testing of Minimal Viable Prdoduct through existing app with leading partner
4Q19
  • Beta testing of the app, roll out beta to a more partners
  • UI and UX improvements to app
4Q20
  • Big data analytics opens
  • Further development and features to be announced
3Q20
Full version of app launch
2Q20
  • Improvements for fraud reporting and allocation
  • Train AI to recognize patterns in fraud
1Q20
  • Discuss with beta testing users and update app based upon suggestions
  • Improve app functionality and backend integration

Meet Team EndChain


Advisory Board

To find out more. You can connect more with EndChain at the link below:

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