Open Packaging Network (OPN); Revolutionizing The Packaging Industry

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Open Packaging Network (OPN); Revolutionizing The Packaging Industry



Unwrapping goods is now a daily thing as goods are being delivered to millions of people daily, from the first world economy countries to third world economy countries. People get packages from so many places, from loved ones, workers, offices, friends, promotional companies and sales company.

With the high demand for package companies to bring goods, gifts and packages to people's doorstep, it has been proven beyond reasonable doubt that the industry is never thinking of going down as it is seen to become bigger and bigger yearly. With the growing expansion of the packaging industry, it has been forecasted that it will have a market value of $998 million in 2020.

The Industry Problem

With the promising future that the packaging industry has and the increase in demand for this service, there are challenges and problems faced by the industry, this includes:
  • Transparency and trust
  • Payment issues
  • Quality and Accuracy when delivering
  • Demand forecasting for sellers
  • Low credit facillities
  • Sustainable packaging
  • Raw material price
  • Time and security.

Open Packaging Network Solution

The problem for buyers to find the appropriate sellers and vice versa, of a particular good, is becoming a bigger problem. Open Packaging Network has decided to lunch in a marketplace for manufacturers to find their buyers and buyers can find manufacturers, also creating a platform for both parties to interact. Open Packaging Network platform is a place where services are provided depending on the agreement between the buyer and the seller. The platform will be creating a wide range of choice for buyers to pick up since they are having access to a wide range and variety of goods at better prices. The platform is built on the worlds fastest and transparent technology, the Blockchain technology. With this, aside from having access to a wide variety of goods at a very good price, tokenizing the platform also gives it a unique benefit as both buyer, seller and stakeholders.
The platform will be of benefit to a lot of people ranging from the sellers, buyers, delivery agents and validators:

Sellers:

  • Post Delivery orders
  • Place Bids for Purchase Orders from Buyers
  • Deliver goods to the buyer through Delivery Agents
  • Reward buyers for providing feedbacks and promoting his brand
  • Vote for changes to the platform
  • Digitally sign the following documents before delivery to the buyer:
    Insurance Policy, Quality Document, Packaging List, Invoice, and
    Delivery Note.

Buyers:

  • Post Purchase orders.
  • Place bets for Delivery orders from Sellers
  • Reward sellers for promoting their brand and giving feedbacks
  • Receive the ordered goods from Delivery Agents
  • Vote for changes to the platform
  • Verify and digitally sign the following documents after successful
    delivery: Quality Document, Packaging List, Invoice, and Delivery
    Note and CMR.

Delivery Agents:

  • Deliver the goods from sellers to buyers
  • Vote for changes to the platform
  • Verify and digitally sign the following documents after successful
    delivery: Quality Document, Packaging List, Invoice, and Delivery
    Note and CMR before the delivery of goods to the buyer.

Validators:

  • Prepare a list of best bids based on pre-set rules.
  • Prepare a list of best bets based on pre-set rules.
  • Validate the list of best bids prepared by a validator.
  • Validate the list of best bets prepared by a validator.
  • Vote for changes to the platform

Open (OPK) TOKEN

On the Open Packaging Network platform, the token used is the Open (OPK) token. Built on the blockchain, it is easy, quick to transact fast and transparent. The token is the official currency in the platform to buy and sell as well as own a percentage of shares.
The token is earned by
  • Using the platform
  • Giving feedback on the platform, buyers, sellers and delivery agents
  • Promoting buyers and sellers
  • Validating transactions on the platform.
The token will be used on the platform for
  • Bidding for stakes on the platform
  • Betting for stakes on the platform
  • Accepting/Closing orders (stake)
  • Promotions
  • Earning interests through long-term vesting with the token.
  • Securing loans by using OPK as collateral
  • Earning validator status
  • Voting for platform changes.
It can also be used for
The token can be used on the platform for paying Damages caused by:
● Sabotaging payment process
● Using malicious software versions
● Matching the wrong list intentionally:
● Late delivery of products/services

The Platform Advantage

  • A fair market
  • Feedback mechanisms
  • Trust and Transparency
  • Streamlined payments
  • Quality of products
  • Financing
  • Demand forecasting
  • Sustainability
  • More business for sellers
  • Wide range of products and better service for clients
  • Wide range of functionality with 3rd party apps

Token Details

  • Token name: OPK
  • Standard: ERC-20
  • Total Token Supply(max): 50,000,000 OPK

Token Sales

Token Sale Duration: 01/10/2018 - 28/10/2018
Accepted Currencies: BTC, ETH, USD, EUR, CHF
Token to be sold: 30,000,000 OPK
Soft Cap: $6 million
Hard Cap: $30 million
Total Token Supply(max): 50,000,000 OPK
Token Purchase price: 1 USD = 1 OPK
Min Purchase: 50 OPK
Token allocation: Automatic
Lock up: No
Fund Collection: Escrow
Funds Release: Roadmap Milestones

Fore More Infomation: 

AUTHOR: Vionaa
My Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1663173

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