I recently discovered a project that is running an ICO. this project seems to have a long duration because starting from private sales, presales and ICO, it takes approximately 3 months. But we don't know if the 3 months time spent is proportional to the quality of the project, is this project feasible to invest? here are some of my observations about this project.

This project is called Endchain, a project that aims to track logistics with the help of blockchain technology. So there is no more counterfeiting of products or problems caused by lack of security. EndChain is a blockchain utility company that is waiting for a patent for their technology. Endchain focuses on bringing the mass adoption of global blockchain tracking. With cheap technology, people can use their technology. Broadly speaking, their technology is based on a combination of QR codes and Barcodes. They believe that with this technology there will be mass adoption by logistics companies around the world. Endchain technology does not use NFC chips, so it is clear that this is very cheap compared to other platforms, meaning that Endchain is not only targeting large markets, but they will go directly to the middle or lower markets which had been ignored. Startup companies that are just developing will be able to use Endchain's best services but cheaper than other platforms.

I think the explanation that I read in the QR code whitepaper owned by Endchain is very unique because it is compatible with all types of systems. This means that older technology can still use Endchain without the need to incur additional costs.

Is it only with QR codes that we can solve product counterfeiting problems?

Fraudsters will always develop, but one thing is certain they will find it difficult to deal with the blockchain. Because the blockchain has the advantage of being unable to be manipulated, transparent and safe. The QR code used by endchain is a combination of QR Codes and Barcodes, later only one QR code will be placed on the finished packaged product . Each QR code will be connected directly to the blockchain network. So this will solve the problem of forgery, especially every QR code that is created will never be the same as one another.

The problem of counterfeiting in the electronic, cosmetics, and clothing industry is a frightening problem for producers and consumers alike, producers clearly will be very harmed by losses because they cannot maximize profits from the sale of their products. while consumers will be very disappointed because they bought fake goods and clearly the quality of the product is not in accordance with the original.

What benefits do investors get, apart from the Endchain Platform?

Endchain tries to maximize the potential of their tokens, so that no tokens are not used. one of the big problems that exists in the crypto market is that the adoption rate of utility tokens by users is still too small. That's why endchain focuses on ensuring a crowded market by involving companies to buy endchain tokens. Besides that, Endchain will also use 2-4% of their profits to burn ENCN tokens, so that the annual total supply will continue to decrease. This means that the fewer tokens that will circulate in the market, this will trigger price increases. For this reason, investors will benefit from this liquidity.

What about their technology Patent rights?

so far I've seen that they has registered patents on their technology in the USA, and currently waiting for a decision. Even though they will not get the patent later it does not affect what they have done so far. so it really doesn't matter they have a patent or not.

Does endchain already have a plan to where their token will be registered after the ICO is completed?

Based on the information I got from their Website, endchain will register ENCN tokens to several Exchange at once, some of the exchange they chose are Token store , DDEX, SingularX, Bancor, and Yobit tokens. From the five exchanges they chose, I saw there were some pretty good exchanges. Bancor and Yobit are the perfect start for entering the crypto market.

Conclusion:

If we only discuss the good or bad of this project, such answers will vary. But if we discuss whether this project has quality, surely all will agree that this project has a very high quality. the only drawback of this project is only one, namely the duration. If this project slightly cuts their duration, I'm sure there will be many people who are interested in joining and buying their tokens. It is difficult to solve the problem of counterfeiting in the logistics sector, but that is not impossible. Because Endchain has found the answer.

If you want to know about this project in more detail, you can visit one of the links below.
Website : https://www.endchain.io/
Facebook : https://www.facebook.com/EndChainIO/
Twitter : https://twitter.com/EndChainIO
Telegram : https://t.me/EndChainIO
Reddit : https://www.reddit.com/user/EndChain/
Ann Thread : https://bitcointalk.org/index.php?topic=5056272
Whitepaper : https://www.endchain.io/assets/whitepaper/1543145606EndChain+English+Whitepaper+Final+Version+11252018.pdf

Nivia1st -> https://bitcointalk.org/index.php?action=profile;u=1032176