Project Description

Yachtco is a project that changes the charter yacht industry and directly connects all participants on the platform. Using Blockchain technology will create decentralized business logic and transparency on the platform when conducting transactions. Users will be able to organize their trips from drawing up the route to rent a boat.

Business Model Overview Yachtco (Yachtco)

1. The validity of income

The project will receive income from commissions in the amount of 1% of the cost of reserved boats through partner sites that use the booking management platform, and 15-20% commission from reserved boats on their own sites. Also, the platform will receive income from advertising on the site and the platform. Users will be able to pay a transaction fee in Yachtco tokens.

2. Number of currencies accepted

The project accepts such liquid currencies as: ETH, BTC, WAVES, ETC, BCH, ZRX, BNT, BNB, LTC, ZEC, EUR, USD, YPJ, CAD, GBP.

3. Token emission

In the project there is a limited number of tokens. A total of 1,000,000,000 Yachtco tokens will be issued (p. 55 White Paper).

4. Discount on the purchase of tokens

Discount on the purchase of tokens is 50%.

5. Roadmap

In the technological map provided, the objectives of the project are indicated until April 2020. After completing the tokensale project authors will allocate funds as follows: 20% - “Product Development”, 50% - “Marketing”, 10% - “Business Development”, 5% - “Legal expenses”, 5% - “Other expenses”, 10 % - "Operating expenses".

6. SOFT CAP / HARD CAP Ratio

An evaluation of the SOFT CAP / HARD CAP ratio is not possible, since the project does not have a SOFT CAP value. The value of HARD CAP is $ 20,000,000.

7. MVP availability

The project has developed MVP, which is available at https://yachtco.io/mvp-live-products/.

8. Risk assessment and insurance

There are no risk assessments according to international standards, as well as any risk insurance methods, for example, Escrow, which increases the risk of losing capital for investors.

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Criteria of accordance to the international standards of business-planning of UNIDO and EBRD