Volt — Review of ICO  

VOLT is a decentralized platform that will handle the delivery of goods in the shortest possible time with the help of such centralized platforms as Uber but in the decentralized manner of P2P deliveries.

With the help of the blockchain mechanism and smart contracts, VOLT will be faster, more efficient and reliable, and will also be able to remove the brokerage fee and the high fees of other intermediaries, and, thereby, reduce tax on shipping from 20%, which is usually, to 5% and below , which will be on the platform.

In addition to such a minus as high fees for the delivery of goods, there is still no less unpleasant circumstance – the impossibility of delivering goods on the day of departure. And again, with the help of the blockchain mechanism Volt will be able to eliminate this problem and do the delivery of goods within 2-3 hours, and sometimes 30 minutes.

About the Platform:

The main aspects of the platform are decentralization, transparency, and security. With the help of decentralization, all brokers or brokers are removed from the delivery process, which will reduce fees and will benefit traders and customers. With the help of transparency of fees and expenses, but at the same time, all parties benefit from the confidentiality of clients, but each in its own context. Well and last aspect – the highest safety at an exchange of tokens for reception of the goods, with full tracking of all transactions. Also on the platform, you need to be authenticated, in order to be completely confident in the honesty of all users.

Tokens Platforms and their Sale:

A total of 4 billion tokens are generated, 2 of which will be sold during the ICO. It is noteworthy that 800 million tokens that were available for purchases during private and pre-sales were bought up completely and in a fairly short period of time. The remaining 1 billion 200 million tokens will have a bonus rate of 20% and the main phase of the sale of tokens will be from May 18 to June 7. At the same time, you can buy 50 thousand platform tokens for 1 ether.

Distribution:

To account for the distribution of tokens, we can say the following: 50% is allocated for sales during the ICO, 23% will go to the reserve of the company, 22% is allocated to the team and 5% to the platform marketing.

On account of the distribution of collected funds, we can say the following: 60% is allocated for the development of the project itself, 10% for marketing, 10% for sales on the platform, 10% for operating activities, 5% for security and audit, and 5% for legal costs.

Roadmap:

At the expense of the project development plan, the following can be said: On April 4, 2018, ICO started, and on May 5, preparations for the listing of tokens on various exchanges began. In June, the development of the blockchain platform will start and the platform will be presented in Seoul + concluding cooperation with various PR companies. In August, the Android version of the application will appear and in September they will release a version on iOS. In October, contracts will be concluded with service partners. In November, platform tokens will be used in various delivery services. In December – participation in the international conference.

In January 2019 – WEB version of the platform. In February, a major upgrade will be made and in March – a version for in-depth study of the platform. And in April there will be an upgrade of the March version.

In conclusion, I want to say that the platform for fast deliveries of various goods in the shortest possible time is a very interesting product. The particularly useful platform will be for residents of megacities, who are accustomed to living in a constant tense rhythm and which platform functionality will be even more useful. For more detailed acquaintance with the platform, you can read the information document. Good luck!

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