Being successful in an ICO means to be trusted by investors and stand out of the mass. Blocksmatter, a leading platform for tokenized asset management,
conducts independent ICO assessment and research reports, in order to provide a professional and independent business review for expert investors in this rather new investment space. Assessments and ratings are performed bottom-up along a sophisticated methodology with different weightings of the categories: Blocksmatter typically conducts its assessments and research by in-depth analysis of the whitepaper, additional information material provided by the company, direct interviews with the management and key employees as well as market research. The team members have a long track record in the space of venture capital and private equity investments, financial research, audit, and advisory as well as technology.
Even if the platform isn’t able to predict how the crypto market will further develop under ongoing regulatory developments, which may affect investments directly or indirectly, they provide an independent second opinion, adding a solid value to make the crypto-investment space more transparent and attractive for investors.
Here at OPN Platform we believe that a professional and independent ICO assessment is highly useful, in order to understand the quality of the venture and the team behind, the value and the benefit of a token and consequently the upside potential of an investment and to get interested potential investors a better insight in this specific case through an in-depth analysis and assessment.
Open Packaging Network - a platform emerged from the Italian established packaging group Polimex, with a long-term experience and a good knowledge of the shortfalls in this specific industry - will shortly release their MVP (Minimal Viable Products)and is already ready to start a revolution in the packaging sector.
“Open Packaging Network aims to disrupt the packaging industry through a platform for packaging buyers and suppliers/ producer, improving the packaging purchasing and sales process and provide a wide network of global stakeholders on the buy and sell side, as well as through offering of additional value-adding services – states the report - Due to our experience in various industries, which includes the packaging industry as well as the procurement function, we are aware of the complexity and the lacks in this particular field. Hence we see a clear potential for such a platform, as it will enable the buy side to streamline their packaging purchasing process and at the same time widen their source of potential suppliers. For the sell-side as well as for service providers such as delivery agents, insurer, and others, Open Packaging Network provides a platform for additional customer potential and a seamless planning tool”.
Thanks to the power of the Blockchain technology, which we identified as the most appropriate for a successful business, we have been able to develop our project using additional valuable services the platform participants can make use of: first of all smart contracts, which provide safety and transparency throughout the whole value chain of the procurement (Purchase-to-Pay) and sales & distribution (Order to-Fulfill) process. Secondarily the so-called bid- and bet process, which is the most advanced demand and the supply mechanism currently offered by the technology market. We offer functionalities to post a demand request and perform a tender process suppliers can attend to (Bid) and a product offering, where suppliers can post their stock products and customers can make an offer (Bet).
As a mean of payment – but also as for reward validators of their Dedicated Proof-of-Stake consensus algorithm – OPN uses its own token, OPK.
“As an open source project –wrote the Blocksmatter technicians - applying blockchain functionalities and smart contacts in the supply chain of packaging provides great benefits for this industry and we see a feasible future potential for further services to be integrated adding value”. Also, the report highlights how "[…] In general, the use of a token in such a system can be seen as a valuable solution and we believe that this will be the future how a decentralized platform is functioning through the use of tokens."
The whole concept of Open Packaging Network is based on an open architecture, where third parties will be able to develop and integrate additional value-adding services, with the final goal to create a public digital ledger for the packaging industry, that could act as an open, reliable marketplace for buyers and sellers, developed using the forefront power of blockchain technology.
According to the independent Blocksmatter assessment “[…] such a platform can improve the whole process while generating new customer potential and potentially better conditions”. .jpg)
This was exactly the purpose we set ourselves when we established our business model, to provide a platform to improve the purchasing and sales process in the packaging industry connecting buyers with the seller to:
a) Improve the overall process
b) Source new potential supplier
c) Deliver new potential customers
With a market volume of more than USD 900 billion and growing with a CAGR of 3.5%, the global packaging industry is a highly attractive market, with a strong market potential of buyers & sellers for the platform. Although, this market is fragmented in terms of different types of buyers and sellers/producer and this is why it makes sense to start with a focus on specific groups.
"We assume - concludes the report - that there is a very high number of potential users for such a platform, especially
when it improves the whole process from sourcing to delivery and payment offers new potential of buyers and supplier and delivers
additional value-add to its users.