[ANN] ICO IMMLA - First International MultiModal Logistic Application

[immla]

IMMLA (International MultiModal Logistic Application) is the first multimodal logistics service with a decentralised system of transportation, document workflow and payments.

The mission of IMMLA project is a simple, clear and convenient interaction between the owner of cargo and the transporter on all stages of the freight transport. Furthermore, it aims to do so through the use of blockchain technology and smart-contracts, which would be used in the process of transportation and would completely eliminate trust deficit, information barriers and legal costs. It brings the development of logistics technology to a whole new level as well as it means complete security and confidentiality throughout the whole supply chain.

Website

IMMLA is created by the consortium of international leaders in logistics. Those are Formag (subsidiary of Global Transport Investment), SBSolutions – the developer of top ERP solutions, and a giant leading logistics expert Hellman Worldwide Logistics.

White Paper of the Project

Although modern logistic market is IT-intensive, it is blinkered and misspendly clustered by information barriers. This usually leads to low volumes and high prices. Recent estimate indicates that just under 80% of companies perform inefficient. The rough setting of perfect competition implies that logistic market could have been 5 times bigger without this losses.

We are developing a multimodal deliveries service with decentralized control system for transportation, document flow and payments. We employ Dutch auction of carriers, GPS-cargo monitoring, cargo damage in transit and delivery time monitoring, insurance and credit activities to offer you the best possible prices. The blockchain technology eliminates the risk of unfair business practices and/or non-performance of the 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.

We had a successful Pre-ICO (raised more than 500K USD) and now head to ICO!

Start: 15 September 2017
Finish: 15 October 2017

ICO Terms&Conditions

In terms of providing distributed value for investors, IMMLA uses its own token IML, based on Ethereum blockchain.

ICO Offering Size

718 ЕТН ($12.1М*)
170.052.000 IMMLA tokens (75%) to bе sold at ICO price

Pricing Mechanism
ICO exchange rate is1 ЕТН = 3640 IML

1 IML =0,000275 ЕТН

Secure Offer
Multi-signature wallet
Tokens of Founders are non-transferable upon ICO completion — locked for 5 months through a smart contract function

Timing
Start date: September 15, 2017
End date: October 15, 2017

Core features of IMMLA

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.

Easy-to-use

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.

Bounty Campaign Thread
Short video interviews with team members

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[immla]

Dear friends, investors and the community!

We apologize for the unforeseen silence within most of the IMMLA groups in social networks.

The fact is that our project was affected by the last Parity case (https://paritytech.io/blog/security-is-a-process-a-postmortem-on-the-parity-multi-sig-library- self-destruct.html). Our multisig wallet (0x0397453Bb7dB560a039D474c5693578Fdb6096C4) was among 587 blocked ones. All the funds raised on successful preICO 2.0 round are located on it. Moreover, both smartcontracts of preICO 1.0 and 2.0. were going to be combined on that wallet.
You can confirm the information above by entering the wallet number on the affected.parity.io page.
Accorging to these circumstances, we had to change our tactical plans:
- We are developing a new smart contract for the distribution of purchased IMMLA tokens, which will be connected either with an alternative multisig wallet or with an ordinary wallet. The second variant will be chosen if we consider that the risks of multisig wallets are too high;
- we had to limit the free circulation of IMMLA tokens for a certain period of time (at least until the private placement of the ICO round is completed. The timing of this round will also be changed due to the situation with Parity and with the relevant changes in the smartcontract);
- we will have to shift our operating timeline also.
At present we are expecting that the shift will not be longer than one quarter, even though Paryti does not name specific terms. And the distribution of purchased and accrued tokens will occur in November and in the first decade of December.
Also there will be temporary restrictions in the work of our social networks. In the near future, the main channel for the distribution of information will be our English-speaking group in the Telegram https://t.me/immlacommunity

Some members of the community who are not affiliated with the IMMAL management have become administrators of this channel. It publishes all the latest press releases of IMMLA just in time. We will be glad if you join us this Telegram massenger channel.

Despite a number of difficulties that we have faced untill recently, we will remain committed to our goals of creating the best application for international multi-modal logistics based on block-chain technologies. We continue moving percistently towards these goals.


Thank you for your patience and for choosing IMMLA.