Operating from Minneapolis, USA, NextPakk aims to transform last-mile logistics by means of a scalable sharing economy by utilizing the blockchain technology. NextPakk utilized both blockchain and sharing prosperity to create a decentralized platform for consumer-scheduled evening delivery for seven days per week. What they aim to achieve is a marketplace for online shoppers, local businesses for package delivery points and local last-mile delivery drivers that will provide consumers convenience, control, and choice over the delivery. The Dapps that will be built to conduct the logistics business and the last-mile services will be based on the Pakka blockchain. Pakka tokens will be used for payments and can also be used as collateral for packages throughout the whole process of the delivery.
NextPakk is an economy based on blockchain that deals with night-time delivery service and this will solve the last-mile problem of missed deliveries in cities.
There are a lot of missed deliveries in cities as most residents are at work. So NextPakk allows to order something online and then ship them to NextPakk. After that, NextPakk will be receiving the packages at a secure receiving facility that is monitored 24 hours a day.
Later, NextPakk delivers the package after the consumer enters his/her address, phone number, date and time of when you are available to receive the package.
The token distribution
There will be a total of 1,000,000,000 Pakka tokens. 30% of the coins will be made available in the ICO, 12% for the pre-ICO while 10% will be made available for the team. Furthermore, 8% will be allocated for user rewards or airdrop, 8% for private pre-sale, 8% for advisors, 8% for driver rewards, 8% for company reserves, 5% for PDP rewards and 3% for bounty.
The soft cap of the project is 3,000,000 USD while the hard cap is 32,000,000 USD.
NextPakk is based in the United States.
Chief Executive Officer: Lowell Fortune
Chief Algorithms Officer: Sergey Tolkachev
Technical Advisor: Dileep Kamujula
For more details on the team, please visit https://www.coingecko.com/en/ico/nextpakk
Social media presence:
NextPakk is trying to come out with a system that will solve the last-mile problems of product delivery. However, there is a question as to how it will compete with the large retail and other companies that already have an efficient delivery system in place. NextPakk will be using blockchain technology to transform the logistics business.