IMMLA (IML) International MultiModal Logistic Application on Ethereum Blockchain
We are developing a multimodal deliveries service with decentralized control system of transportation, document flow and payments. IMMLA ecosystem employs: — Dutch auction of carriers to offer the best possible prices. — Monitoring of cargo damage during transit and time of delivery, GPS-cargo monitoring and insurance to make delivery safe and transparent.
The trust-sensitive parts of IMMLA service are based on smart contracts working on Ethereum blockchain. It is designed to reduce or even eliminate the risk of unfair business practices and/or non-performance of the delivery contract.
We are positive that the spread of high-speed Internet on the transport routes, and the use of blockchain technology have reached the optimum level for IMMLA to be successfully launched.
Confidence and reliability
The decentralized system guarantees the payment to the carrier regardless of IMMLA’s financial condition, the same way it guarantees the delivery or insurance payment to the cargo owner.
The terms of shipment, the current position of the cargo, its condition at the time of transfer of responsibility between carriers are recorded through the blockchain, and can not be altered by any of the parties.
IMMLA saves your money
The Dutch auction of carriers optimizes transportation costs. Use of IMMLA will reduce the number of idle trips. A cargo owner with high rating within the system gets credit and saves its current assets.
User-friendly mobile and desktop interface. Fully automated transportation and workflow, no need for third-party services; delivery options at your disposal; the service tracks the cargo online, so you always know where it is geographically.
With an end-to-end electronic bill of lading, all the practices are able to see the full transportation history.
IMMLA Use cases
1.For the cargo carrier
Carrier informs IMMLA about the location of an unloaded vehicle and its designated use. The service puts the vehicle in the transportation syste design, and offers to bid at a tender for a transportation contract.
Guaranteed payment and immediate document flow
The carrier successfully completes the freight transportation and transfers it to the cargo owner or to the next carrier. The consignee makes an electronic mark, accepting the responsibility for a cargo. Once a mark is received, the smart contract makes the payment to the cargo carrier. Smart contract also provides documents with electronic digital signature of cargo owner.
2.For the consignor, cargo owner, forwarder
Transportation cost estimate
Using the web interface the customer requests the calculation of the transportation. Based on big data analysis the service calculates an instant estimate of the cost and time of transportation in several options. If the route has a competitive section, in a few hours after the price auction, the customer gets an updated price.
As soon as the customer chooses and confirms the transportation contract, Immla launches a smart contract with all the participants of the transportation, and the insurance company. The customer’s digital money comes directly to the smart contract that manages the transportation. The smart contract gives instructions to all the participants, and proceeds with controlling the transportation.
The gps tracking data and cargo’s technical condition within the smart contract are visualised by IMMLA service interface.
- Team building and prototype development
- • White Paper is completed
- • Establishing agreements with potential freighters
3Q 2017 ICO Period
• Development of smart contract scheme
• Start of an ICO
• Prototype of the platform is ready
• Beginning of alpha testing
- Development of infrastructure and
involvement of participants
- Organization and equipment of workplaces
- Until the end of 20l 7 the first Ыocks
(IMMLA Autotruck and Sea) of the system
- Registration module;
- Module of applications and auctions
1 Q 2018 RELEASE
- Release of the beta version of the platform
- Until the end of l Q20l 8 the next Ыocks
(IMMLA Autotruck and Sea) of the system
- Module of guarantees and additional
- Tracking module
IMMLA will offer 184.336.400 IMMLA tokens in two tiers: pre-lCO and ICO.
What is а IML token: l 00% of the IML tokens represents l 00% ownership of the IMMLA
platform. Tokens will Ье used on the Platform as а one of payment tool. Total number of
announced IML tokens - 226.736.000.
IMMLA redeems & burns tokens at the expense of 36% of transportation revenue.
PRE-ICO OFFERING SIZE
- 2 747 ЕТН ($500К*)
- 14.284.4ОО IMMLA tokens (6,3%) to Ье sold
at pre-lCO price
- Pre-lCO is considered successful if more
than 825 ЕТН ($150К) collected, otherwise
all funds are transferred to pre-lCO
PRE-ICO PRICING MECHANISM
- Pre-lCO exchange rate is
1 ЕТН = 5200 IML
1 IML = 0,000192 ЕТН
- -43% - Yield to the price in the ICO phase
- Start date: 15 July 2017
- End date: 30 July 2017
SECURE PRE-ICO OFFER
- IML tokens are issued for
ICO OFFERING SIZE
- 46 718 ЕТН ($12.1М*)
- 170.052.000 IMMLA tokens (75%) to Ье sold
at ICO price
*Ethereum price is taken at 1 ЕТН = 260 USD
ICO PRICING MECHANISM
- ICO exchange rate is
1 ЕТН = 3640 IML
1 IML = 0,000275 ЕТН
- Start date: 1 5 September 2017
- End date: 1 5 October 2017
SECURE ICO OFFER
- ICO funds held in Escrow
- Multi-signature wallet
- Tokens of Founders are non-transferaЫe
upon ICO completion - locked for 5 months
through а smart contract function
IMMLA (IML) BUSINESS MODEL
Monetization of IMMLA services occurs on the last step of each event of successful delivery in form of fee and instantly Ьу raising demand of tokens.
What payment goes for what service
з On that step IMMLA receives fee of l %, which goes on the redemption and burning of tokens.
IMMLA (IML) TOKEN APPRECIATION SCHEME
Our revenue aims are driven Ьу both new modules development (l) and expansion strategy (2).
1. The development plan includes the phased development and implementation of modules in
the service. IMMLA will Ье gradually connected to the "forwarding", "air", "railway", "sea-cargo",
"custom", and "warehouse" modules.
- Firstly, is 20l 8 auto and sea-cargo modules will Ье launched because they represent best fit
of high demand for multimodal contracting and low implementation complexity.
- ln 20l 9 the company plans to expand the range of services provided and to introduce the
possiЬility of organizing air transportation and customs services.
- ln 2020, forwarding and warehouse modules will Ье implemented.
- ln 202l, IMMLA Railway module will Ье added.
2. Regional expansion strategy
- ln 20l 8, IMMLA service will Ье launched on the Russian trucking and sea container market.
- ln 20l 9-2020 the service will expand to the CIS countries.
- ln 202l the service will expand to markets of Europe, and China.
- Ву 2022 it is planned that IMMLA will spread the same way to the Asian region.
- After 2023 it is planned to use the service worldwide.
The first aim is to launch application and make Ml $ of revenue Ьу the end of 20l 8.
The second aim is to localise in CIS, enhance application with air and custom modules and make
Ml 0$ of revenue Ьу the end of 20l 9.
The third aim is to localise in Europe and China, add warehouse and forwarding modules
application and make М25$ of revenue Ьу the end of 2020.
The fourth and fifth aim is to make М50$ and Ml 00$ in 202l and 2022 respectively Ьу adding
railway module, which is heavy to get into, but promising to share turnover of which.
IMMLA ICO closes in less than 10hours
Cargo Uber — IMMLA — starts its ICO just in 2 days
ICO of the International Multimodal Logistics Application (IMMLA, created by the consortium of logistic giants as Hellmann and Formag as well as leader of IT solutions for logistics SBSolution) starts on September 15, 2017 at 00.00 (UTC+3). Just two days remained before the start of crowdsale.
The service will significantly increase the level of safety and control over transportations at the global level. IMMLA has the world’s best team of experts in logistics and IT, who have developed the leading ERP-solution Logismart. Step-by-step IMMLA team will create a multimodal blockchain forwarder based on the Logismart solution and the Ethereum blockchain.
“We are very excited with the level of interest we’ve seen from the community. We suggest that the ICO campaign will bring the expected results, and the number of investors will increase many times and even dozens of times in comparison with Pre-ICO,” said Mikhail Astakhov, cofounder of IMMLA.
Total supply of IML tokens for ICO is 434,477,177 IML (122.888 ETH). ICO will be considered successful if 18,000,000 IML tokens are sold.
To participate in IMMLA ICO you need to visit IMMLA official website on September 15. There will be placed an instruction for investing.
Important: IMMLA service will automatically use 36% of the proceeds to redeem and burn IML tokens. In such a way, the number of IML tokens will be reduced over some time and the demand will drive the price to grow.
Early participants of ICO will get bonus 8%. That’s because the sale will take place among 4 lots, where each lot will be approximately 2.5% more expensive than the previous one.
The funds raised during the ICO will be directed for the launch of a road and sea freight module in 2018. Hence, there will be a phased development and introduction of new modules into the service every 9 months: “air” and “customs” in 2019, “forwarding” and “warehouse” in 2020, and “railway” in 2021. In case there will be more access to the expert knowledge and budget, some of the modules may be launched earlier.
On September 12, just before ICO start IMMLA launched renewed version of its site. It is available at https://immla.io. Website contains English and Chinese versions. It will soon be replenished with other language versions.
White Paper ver. 2.0 will be published just before ICO.
Earlier IMMLA released Proof of Concept of its system. It is available at immla.dev-group.io and shows the work of the IMMLA blockchain. External monitoring of the IMMLA blockchain is available at ethscan.dev-group.io.
IMMLA is an International Multimodal Logistics Application based on the Ethereum blockchain. IMMLA mission is a safe and convenient interaction between the cargo owner and the carrier at all stages of the cargo transportation process. The new technology will dramatically reduce the number of the personnel involved in logistics planning, information barriers and legal costs.