The updated Revenue Sharing Model rewards all owners of Blockshipping’s CCC tokens with a significant part of all revenue generated by the Global Shared Container Platform [GSCP].
Copenhagen, 22 May 2018 – The Danish company Blockshipping is based on a sustainable business model that follows strict corporate governance. Blockshipping will become a successful company that will deliver significant cost savings and revenue streams for the container shipping industry. Subsequently, the reduction of CO2 emissions and pollution will be core aspects of the ecosystem.
The start-up is being partly funded by minting a token named CCC. The CCC token is unique since it will be linked to the revenue generation in the company. A large portion of the revenue will be assigned to the CCC owners while still allowing the company to be profitable and grow.
No cap on future reward on contributions
Blockshipping is grateful for the support of the GSCP project and the funds received thus far. To amplify the ownership of the CCC token, the company has decided to assign a larger portion of the revenue to all CCC owners than originally planned. Additionally, the model will be simplified and be much more rewarding for the CCC owners.
Until the revenue reaches USD 30.8 M in the company, the CCC owners will be rewarded 20% of the revenue. Thereafter, 3% of revenue will reach the CCC owners. The CCC owners will see their reward gradually increasing from an estimated 1.42% in 2019 to an estimated 19.43% in 2022. Furthermore, there is no cap on the reward and the success of the GSCP will continue to be shared with the CCC owners.
Complex decision process
Changing an already designed and published revenue share model is indeed not something to be taken lightly, and Blockshipping’s management has been working on this decision with assistance from financial experts for a while. Unfortunately, it took more time than expected and it was not possible to launch the change of the model at the same time as the opening of the public sale.
However, the Blockshipping’s CEO, Peter Ludvigsen, is now pleased to have more good news for the ICO contributors:
“This is great news for everyone, both existing and future token buyers, and I am really proud that we are now able to further reward our large community and many supporters by increasing the revenue share percentage in our revenue sharing model. We are very grateful to our supporters, and we want to make them happy.”
For more information, please contact:
- Michael Juul Rugaard
- E-mail: [email protected]
- Telephone: +45 44 40 31 32
Read more about the Blockshipping’s GSCP ICO, click here!
Subscribe to AMBCrypto’s Newsletter
Crypto Wallet & Visa Card Spend.com launches Apple Pay & Google Pay on iPhone and Samsung Devices
Spend.com announced that the Spend App is now integrated and compatible with both Apple Pay and Google Pay, available on iPhone, Samsung, and other Android devices.
Spend is now the first company in the world to offer this service tied to 16+ supported digital currencies. The Spend team has created innovative ways to transfer, spend and send digital assets and currencies. Spend users will be able to link their Spend Visa® Card and Spend Virtual Visa® Card directly to their Apple Wallet and Google Pay Wallet.
What does this mean? Traditionally, Apple Pay and Google Pay allow users to make secure purchases in stores, in apps and on the web, as well as send and receive money from friends and family [in Messenger]. Now, when linked to the Spend Visa® Card, users will be able to take advantage of all the supported digital and fiat currencies available within the Spend App anywhere Apple Pay and Google Pay is accepted. These features will be available on the release of Spend App v2.5.
The Spend App
With a quick and easy download from either the Apple App Store or the Google Play Store, the Spend App and Wallet will be the only digital wallet ever needed again. The Spend App allows users to store, withdraw, send, and spend more than 16 cryptocurrencies and 27 fiat currencies at over 40 million locations.
Spend users also have the ability to send funds around the globe and/or exchange various currencies all from their Spend App. Whether someone needs to send money to family in Europe or buy/sell different currencies, it can all be done from the Spend App, which currently supports:
- 16+ Cryptocurrencies
- US Dollar
- Canadian Dollar
- 24 Additional Fiat Currencies
In addition to being able to send, spend, buy and sell currencies around the globe, users will have the power of detailed analytics at their fingertips to track coins and currencies. Spend’s in-app analytics gives users instant access to the most up to date charts and figures on any currency or coin users choose to track!
- Currency Swap: Looking to exchange CAD to USD or XRP to LTC. Exchange any currency instantly with Spend, where applicable.
- Multiple Currency Support: Hold USD, CAD, EUR, and 24 additional fiat currencies and over 16 cryptocurrencies all within the Spend Wallet.
- Performance: 99.9% uptime with enhanced performance infrastructure in place.
- Compliance Built-In: Verify account identity instantly within the Spend App.
- Buy Crypto & Send Fiat: Users can purchase 16+ cryptocurrencies from their linked bank accounts, right from the Spend App, as well as transfer funds in over 180 countries.
- Secure Storage: Highest level of AES encryption with PCI DSS Level 1 Certification.
Connecting the Spend Wallet To The Spend Visa® Card
Once a user downloads the Spend App, they will be able to access and manage their funds anytime with the Spend Wallet & Spend Visa® Card. Once verified utilizing Spend’s in-app KYC system, users have the choice to immediately get issued a virtual card that can be used immediately at any merchant that accepts Visa® online. Users also have the option to order a physical card. In addition, Spend clients can earn up to 6% rewards back on all purchases. Cards are now available in the United States and Spend has secured issuers for its Visa® Card product in Canada, Europe, and Asia-Pacific regions.
Spend offers its users three different levels of cards, each with its own unique benefits:
- Spend Simple™ – Spend’s introductory Visa® card. Spend Simple™ gives users access to the platform and all the great features offered. Upgrades are always available to Spend Preferred and Black.
- Spend Preferred™ – Spend’s most popular everyday Visa® card. Spend Preferred™ grants users a flexible spending limit for use as an everyday card with access to the Spend VIP Program and enhanced rewards.
- Spend Black™ – Our exclusive Visa® card for elite users. With an optional sleek metal design*, Spend Black™ cardholders receive access to the highest spending limits, highest rewards, and Spend VIP Elite Program.
With all Spend Visa® Cards, users will enjoy advanced security features, an option of both a virtual or physical card, 24/7 support, as well as both card and wallet rewards, powered by Spendcoin [$SPND].
No matter what level of card users are looking for, Spend has the perfect card to fit their needs, when tied to the Spend App.
At no point can cardholders load cryptocurrency such as Bitcoin onto their Spend Visa® Card. All cryptocurrency will be converted to the appropriate local fiat currency first on the Spend Wallet and then that local fiat currency will be loaded on the Spend Visa® Card for use in purchase and ATM withdrawals.
Subscribe to AMBCrypto’s Newsletter
Coinbase is a huge net positive for not just cryptocurrencies, but for the world, says Bitcoin Cash proponent Roger Ver
John McAfee says he will reveal Nakamoto’s identity, Coinbase expands to 11 countries, and more
Ethereum [ETH] witnessed 6 of 10 of its highest usage days in the past three weeks despite bear attacks
Ripple-backed XRPL Labs releases XRPayments on Playstore and App store
Binance announces DEX mainnet launch; reveals date for mainnet swap
Bitcoin SV [BSV]: John McAfee ‘sues Calvin Ayre in four different countries’; vows to bankrupt him
Cardano [ADA]: Proof of Stake [PoS] throws away expensive process & advances the network, says Charles Hoskinson
Cardano [ADA]: We will emerge from 2019 more decentralized than any other network, says Charles Hoskinson
Bitcoin [BTC]: Don’t buy into it if you are not ready to be rekt, warns Richard Heart
XRP takes another step into mainstream adoption as Skype hints a possible integration
Japanese ‘Amazon’ Rakuten opens registration for trading cryptocurrencies on Rakuten Wallet
Breaking: SBI Virtual Currencies delists Bitcoin Cash [BCH] in response to Binance’s Bitcoin SV delisting
Is John McAfee among crypto adherents who knows Satoshi’s true identity?
Bitcoin [BTC], Bitcoin Cash [BCH] accepted as payments by Corporate Traveller following tie-up with BitPay