Can you explain how you will be able to buy a fleet of cargo ships?
If you are selling 35 million tokens and 30% (10,500,000) is allocated for buying ships how many do you think you'll be able to buy?
If your tokens are $1 at ICO launch you'd be pushing it to even buy one container ship. Cant see how you would be able to get a fleet.
From google:
In March 2010, the average price for a geared 500-TEU container ship was $10 million, while gearless ships of 6,500 and 12,000 TEU averaged prices of $74 million and $105 million respectively.
Hi, thanks for exploring the project. Your concern is correct, however, we have a solution and plans for it. We have our first base in West Africa and we are looking forward to buying pre-owned small containers, for which African banks are ready to finance at 20% mortgage. We are targeting the pre-owned small ships starting from the range of USD 300k and up to 7 - 8 million USD each. The company has funding from some early investors as well. We will keep you posted about any developments or updates in the project. Thank you.