The VOLT decentralized P2P delivery platform based on Blockchain is the future of delivery on the same day The market is growing rapidly to meet the clear demand for this service and VoltTechnology is at the forefront, offering a more efficient and environmentally friendly way to get the same day items safer. VOLT is a platform that allows centralized platforms such as Uber, to be developed in a decentralized manner and enables direct delivery through P2P. Uber and other models play a role of Central Control as middlemen and receive a fee of 20% or more. VOLT’s P2P direct deal model is an efficient model that aims to eliminate brokerage fee by lowering direct costs to customers and messengers, to less than 5%, or even in hopes to eliminate completely. The existing delivery model is a centralized model, with a system called Hub & Spoke. This centralized model, including DHL, has dominated the delivery market worldwide. However, the centralized model is unable to meet the needs of same day delivery. VOLT is blockchain-based P2P delivery model that solves limitation of the same day delivery more effectively than existing models.
Decentralization
VOLT is a decentralized platform.
There is no middleman or broker, which leads to lower the cost offered for customers, and also maximize profit for the messengers.
There is no middleman or broker, which leads to lower the cost offered for customers, and also maximize profit for the messengers.
Transparency
In VOLT, we offer
a transparent environment. All customers and messengers or delivery
companies benefit from the privacy and transparency of the fees and
expenses.
Security
A secure payment
system that allows two authenticated P2P entities to send and receive
money that gets held in VOLT Tokens until after a successful exchange of
services between the two parties.
Same Day Delivery
VOLT 's same day delivery shortens
delivery time to 1-5 hours, whereas 1-3 days in the existing online
shopping mall. Hub & spoke is a system that collects all items to be
shipped, classifies them, and then delivers to their destination. This
means that any parcels to be delivered from 32nd Street to 54th Street
in Manhattan, NY will be sent to Delaware for classification and
delivered back in Manhattan. This is time-consuming and also incurs
large warehousing costs.
In order to solve this inefficiency, a messenger located near 32nd street collects only what is to be sent nearby and delivers it as P2P so that it can be delivered within a few hours.
In order to solve this inefficiency, a messenger located near 32nd street collects only what is to be sent nearby and delivers it as P2P so that it can be delivered within a few hours.
* There are various
regulations and requirements for shipping services in each country and
region. However, technically there is no way to regulate VOLT users.
Therefore, VOLT users do not have to spend time and money to meet such
regulations.
Market
Delivery Market Worldwide 10 Trillion USD
Annual Online Market Growth 20%
Roadmap
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- 04 APRIL ICO Start
- ICO Pre & Public Sale
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- 05 MAY Listing Preparation
- ICO Complete & Proceed Listing Meeting
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- 06 JUNE Blockchain Backend Start
- VOLT Blockchain Backend Start
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- 07 JULY Meetup in Seoul
- Meetup in Seoul / Contract with PR company
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- 08 AUGUST Android Version Complete
- VOLT Android Version Development Complete
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- 09 SEPTEMBER iOS Version Complete
- VOLT iOS Version Complete
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- 10 OCTOBER Service Partners Contracts
- Service Partnets Contracts / PR Promotion
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- 11 NOVEMBER Blockchain based Service Start
- VOLT Token can be used at various delivery services
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- 12 DECEMBER Meetup with International Conference
- Meetup with International Conference
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- 01 JANUARY Web version service
- VOLT Web version service
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- 02 FEBRUARY App Upgrade
- VOLT App Upgrade
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- 03 MARCH Deep Learning Apply
- VOLT Deep Learning Apply
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- 04 APRILDeep Learning Version Upgrade
- VOLT Deep Learning Version Upgrade
ICO Plan
VOLT Token Sale Plan
VOLT | ||||
---|---|---|---|---|
Total Tokens Issued | 4,000,000,000 | Individual Minimum Amount | None | |
Total token for sale | 2,000,000,000 | Individual Maximum Amount | Unlimited |
Bonus Rate | VOLT | Token Sale Schedule | |
---|---|---|---|
Private Sale | 50% | Sold out | 10th April - 16th April |
Pre Sale | 30% | Sold out | 18th April - 8th May |
Public Sale | 20% | 1,200,000,000 | 18th May - 7th June |
We accept only ETH for token purchase. ( 1 ETH = 50,000 VOLT(ACDC) )
The schedule can be adjusted based on crypto market situation.
Exchanging with other currencies will only be available after token sale is finished.
Fund Allocation
Token Distribution
Fund Allocation
How it works in the Market
VOLT's business model connects customers
and messengers, and provides customized algorithms that leverage Big
Data and a matching system that uses smart contracts for easy service
delivery. Customers need a VOLT coin to use this service.
When the delivery of food, goods, shipping distance, time required, taking into account the weight of the goods shall be determined according to the amount of work difficulty. We call this unit of work “Jula”. For example, if customers want to ship the goods to a point named A 2km away and you need 600 Jula, and 1200 Jula is required to ship the same goods to B point 6km away. VOLT is developing an optimal algorithm to calculate the amount of this work, and will introduce the lowest bid (auction) system for some special deliveries.
When the delivery of food, goods, shipping distance, time required, taking into account the weight of the goods shall be determined according to the amount of work difficulty. We call this unit of work “Jula”. For example, if customers want to ship the goods to a point named A 2km away and you need 600 Jula, and 1200 Jula is required to ship the same goods to B point 6km away. VOLT is developing an optimal algorithm to calculate the amount of this work, and will introduce the lowest bid (auction) system for some special deliveries.
A VOLT coin is required for a service
buyer to request delivery. That is, in order to request a certain amount
of Jula performance, a VOLT coin corresponding to this is used. The
ratio of this Jula to the VOLT coin is not always constant. The ratio of
the first Jula to the VOLT coin starts at 1: 1. The ratio is changeable
in accordance with the price at the market.
Token Flow
A customer who requires the service can
purchase the coins from the Exchange. A customer will purchase 100 coins
for the delivery service that costs 100 coins. The customer will pay
100 coins to VOLT where VOLT corresponds the request to the messenger.
After the service is completed, VOLT transfers 95 coins to the
messenger. Approximately 5%(the rate can be adjusted to maximize profit)
of the coin is used as a commission to the company profit. The company
sells the coin earned to the Exchange to produce revenue.
The revenue is used to maintain the company or provide dividends to the VOLT shareholders, but not to the coin-holders. If this process goes through a cycle, the coin demand eventually will be higher than the supply from the Exchange, resulting in higher price for the coins. A combination of algorithms and current coin price, VOLT adjusts the coin/Jula rate. In long term, coin/Jula rate will increase, and thus able to own higher Jula with 1 VOLT Coin. And consequently increases the value of Jula.
The revenue is used to maintain the company or provide dividends to the VOLT shareholders, but not to the coin-holders. If this process goes through a cycle, the coin demand eventually will be higher than the supply from the Exchange, resulting in higher price for the coins. A combination of algorithms and current coin price, VOLT adjusts the coin/Jula rate. In long term, coin/Jula rate will increase, and thus able to own higher Jula with 1 VOLT Coin. And consequently increases the value of Jula.
* The above example assumes a situation
where 1 VOLT equals to 1 Jula, and the fee that VOLT charge to messenger
is 5% of the consumer price regardless of VOLT-Jula's calculation rate
change.
Management and Development team
-
Philip Lee is the CEO and Founder of Volt Tech Ltd. He received his master’s degree from UCLA. Philip has made Quick Quick an online and offline service company that reduces the cost of last mile delivery by implementing Uber-style delivery system. Currently, VOLT (Brand: Quick Quick) is the largest last mile delivery service provider in Korea.
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Dr. Sangchun Shim brought 30 years of his experience from KT (Korea Telecom). He was known as the ‘rainmaker’ at KT; He has an experience of managing and turning around 55 affiliates from total of $42million loss to 140million profit in mere 2y years’ time. Dr. Shim also spearheaded successful acquisition, value upgraded, and sale of “Kumho-Rent-Car”. The company was acquired at $300milion value and sold to Lotte Group at $1bilion in 2015. Dr. Shim received his MBA from George Washington University majoring in MSTI (Management of Science, Technology and Innovation) and earned PhD from Hanyang University.
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Jieun Dino Lee
(Co-founder and board member)Jieun Lee is a co-founder of QuickQuick (previous brand name of VOLT), and currently a non-executive board member. She is also a founder of LightUp, a service that provides a communication platform for consumers and companies to meet for social change. Jieun has worked for global investment banks such as Lehman Brothers, Credit Suisse, and UBS as an intern to gain her business skill sets. She graduated from University of Michigan, majoring in Economics. -
Ms. Migyeong Gwak is in charge of the big data collection and AI development of VOLT. She has an ample experience in App development in both Android and IOS platform. Ms. Gwak is pursuing her PhD in Computer Engineering from UCLA and has been developing tools for big data collection and analysis.
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Ji Hoon Lee majors in statistics and data management at Carnegie Mellon University. He has work experience at Stonebridge Capital within the VC (venture capital) division analyzing and evaluating previous successful investments to ensure further success. He is involved in data analysis and AI development.
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Mr. Cho is our leader of VOLT’s sales team. He previously worked with Haitai Group, Pantech and Nokia in business analysis and sales. With his insights in technology, he is specializing in technology-based industrial sales. He graduated from Korea University with Engineering major.
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Haewon May Byun graduated from the University of Manchester, continued her master’s degree at University of Oxford and graduate studies at Cornell University. With her expertise in research, she has worked for Yale University as a research associate, and is currently involved in VOLT’s Blockchain development team
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Sungjin is in charge of global market and legal research in VOLT. Before joining the company, he worked at Kim & Chang, the largest and the foremost law firm in Korea, as a legal researcher. Sungjin Lee graduated from the Waseda University.
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Woosung Choi
(Blockchain Development Team Leader)Woosung Choi is our Development Team Leader with 14 years of experience as senior web programmer, and has developed various programs for independent purposes. Choi has extensive experience in analyzing and streamlining solutions, and currently interested in the efficient blockchain research development -
Hansol Song
(Marketing Team)Song graduated from Kyung Hee University and was involved in marketing at WBC (Welfare Broadcasting Channel). She has expertise in Social Network Marketing. -
Hyeon gyeong Shin
(Delivery Operation Team Leader)Mr. Shin is the head of delivery operation team. The team is currently handling the largest delivery order volume among all peer group companies. Before joining VOLT, he was a founder and CEO of Logitem, a leading same day delivery company in Korea. He graduated from Wonkwang University and worked for HR department at Daehyun Inc . for 10 years. -
Jaesam Song
(Customer Service Team Leader / Data Verification)Mr. Jaesam Song leads our customer service team. He worked in various logistic fields for 20 years. Jaesam started his career from a delivery motorbike rider, and advanced to a freight forwarder. Thus, Song is well-equipped with the delivery service business. Before joining VOLT, he founded and ran “Ultra Logistics”. With the experience earned, he is currently working on data collection, AI verification and customer center management in VOLT. -
Byeonghui Kim
(Marketing Team)Byeonghui Kim is in charge of VOLT’s on/off marketing channel mix
Advisor
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JaeWoo LeeMr. Jae Woo Lee is the co-founder and CEO of Vogo Fund Asset Management Co., widely known as the first private equity fund management company in Korea. Prior to co-founding Vogo in 2005, Mr. Lee was country CEO at Lehman Brothers Korea, where he built up a significant investment banking and capital market platform. Since starting his finance career at Citibank, he has spent last 35 years across various fields of finance in Hong Kong and Seoul. Mr. Lee has chaired the Korea Private Equity Association for a number of years and advised the Korean government as a member of the Finance Market Development Committee.
Other team members
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Gwangmyeong Cha
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Yoonhee Joo
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Hyungok Bae
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Sehee Ryu
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Jongyup Lee
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Jungsik Choi
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Eunkyung Jang
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Changrin Ko
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Kihoon Kim
-
Soyoung Chae
For the latest information please visit the official siuts below
Official website: https://volttech.io/
Bitcointalk: https://bitcointalk.org/index.php?topic=3285508.0
Twitter: https://twitter.com/Volt_Technology
Facebook: https://www.facebook.com/VoltTechnology1
Telegram: http://t.me/voltico
Whitepaper: https://volttech.io/public/Final%20VOLT%20White%20paper%200410.pdf
Bitcointalk: https://bitcointalk.org/index.php?topic=3285508.0
Twitter: https://twitter.com/Volt_Technology
Facebook: https://www.facebook.com/VoltTechnology1
Telegram: http://t.me/voltico
Whitepaper: https://volttech.io/public/Final%20VOLT%20White%20paper%200410.pdf
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