BitNautic Review - Scam or Legit ICO?

Intro to BitNautic:


BitNautic, located on line at https://bitnautic.io, is a decentralized market/ platform for commodities, in which end-consumers, importers/exporters, and manufacturers/producers of products can exchange their merchandise with more ease working with the Blockchain Technology. The objective of the decentralized system, according to the official site, is "to assist everybody, from end-consumers into the boat owners, Shipping businesses to the Agents/brokers, large or small courier companies, producers, producers (farmers), the dealers, along with also the investors around the globe to ease their own ventures and alleviate the trading practices by linking all of the continents into a specific platform."

How BitNautic functions?


In conventional shipping manners, the trades involve a great deal of paperwork including sales contracts, charter-party arrangements, bills of lading, port records, letters of credit along with others associated with vessel and freight. These records will need to maneuver via a very long chain of sections. BitNautic prevails over old classic shipping manners, which eliminates the requirement for many contracts to be signed several occasions and thus reduces paperwork.

BitNautic also provides transportation and services that's internally promoted by decentralized Blockchain Technology. Inspired by the manner Blockchain payment system operates, BitNautic suggests a trading platform for commodities by which customers, importers/exporters, ship-owners, service suppliers and manufacturers of products are going to have the ability to exchange their merchandise in the open marketplace and free trade environment. The possibility of Blockchain in this system makes it resistant to hacks, viruses or frauds which makes it completely transparent and protected.

The Bitnautic Decentralized Shipping Platform, takes the item, the producer, the transporter, both the customers and everything in-between, to a single surface. The execution of Blockchain Technology and smart-contracts makes the procedure more transparent, secure, powerful, less time consuming and not as vulnerable to cyber attacks. What's more, it creates the monitoring of Orders, shipments, consignments, container or of a boat more precise and effortless. The AI (artificial intelligence) systems control and manage the majority of the procedure to prevent any human mistakes or inefficiencies. The complex calculations of projected delivery period of a dispatch, which can be otherwise affected by unpredictable factors such as the bills of lading, port records, letters of credit along with others associated with boat and from the weather conditions on the road to be followed with the boat, will be computed from the AIs. It simplifies the biggest challenges faced by the transport industry as one solution with the execution of Blockchain Technology and intelligent contracts.

BitNautic ICO:


The ICO token BTNT offered by BitNautic is a ERC20 token that will work as a medium that will help you be component of the undertaking. Money raised via ICO and pre-ICO will mostly be utilized for its study and development of the platform, in house trading business, and also to buy ships to be utilized for the transportations of goods in containers in addition to bulk items like agricultural products (corn, sugar, rice etc.), minerals and building materials. The BitNautic ICO will demand the launch of 35 Million tokens for audience sale. The pre-sale for BitNautic begins on 15th March and finishes on 30th March, together with the most important ICO beginning on 15th April and end 15th June 2018. BitNautic also intends to integrate a bonus program; the PRE-ICO SALE 2018--03--15 into 2018--03--30 includes a Bonus of 30%.

Characteristics:


It includes the following attributes as mentioned below:

Transport System: BitNautic is going to have a fleet of boats, possessed by Bitnautic or recorded by the ship-owners/ transport companies on the platform. These ships will largely cater to the transport needs of their in-house trading arm of the business. The boat owners are able to use the platform to produce their ships' opening places understood to charters. BitNautic will use capital raised via the ICO for purchasing ships capable of transporting the cargos to your in-house trading business in long run.

Booking method: The user is able to observe the boats available to transport their freight according to their existing place cross-matched together with all the destination of the freight. The top matched lowest costs will be supplied to the consumer where they will have the choice to pick from several bundles from various service suppliers according to specifications- burden, time period, destination, and address, source address. Booking a agent agent for all delivery activities can be implemented using the BitNautic reservation system.

Brokerage system: A real time boat brokerage system for boat owners, agent agents, along with the courier businesses; all potential with all the BitNautic platform. The broker system of BitNautic provides ship-owners a chance to offer you the ships that they can avail for going at work.

Ship & Cargo Tracking System: BitNautic also deploys an AI (Artificial Intelligence) based nation of artwork boat and freight monitoring system for its own users. This attribute is specially created for boat owners and customers for reserving a freight, seeing the status and standing of these ships in actual time. The identical monitoring facility could be expanded to freight owners too well to determine their freight location in real time.

E-commerce Platform: This various users may come together and have commerce deals. The payment method of the platform is quick, easy and secure which utilizes global digital money removing all the obstacles and issues related to fiat currency.

Shipping and freight marketplace (SCM): The principal aim is to ease present shippers, freight companies, agents, and dealers to utilize the BitNautic platform along with the payment method readily to advertise their shipments in the world industry. The stage would bring everyone associated on precisely the exact same table at which large market demand can readily be translated to the surplus supply.

Mobile Program: The BitNautic cellular program would enable booking and monitoring features together with comprehensive reports for all actions by the consumer. The mobile program would offer real-time comprehensive reports which would help clients get a better comprehension which in turn will assist in drawing a better image of their freight status, leading to enhanced customer support.

Exclusive discounts and deals: Depending on the behaviour of the consumers, the BitNautic platform provides deals that we think will prove as a significant landmark. Special deals are arranged for retaining clients and fulfilling each of their expectations within a continuing job in each and every industry worldwide.

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