Minage Bitcoin : Le minage bitcoin est-il rentable

[Review] XMax Starry and PuffitUp.com Review

Puff it Up and XMax Starry Review
PiU
First off I have to say how impressed I am with PiU’s customer service, Alice was helpful when I had a couple questions on their live chat and the personal touch from Allyson was awesome. I also must mention how fast the shipping was, I ordered late Tuesday night and confirmed payment Wednesday around 1ish (paid with bitcoin) and I had the vape in my hands by 5:20 pm Friday. I knew they were great at shipping things but I really thought I wouldn’t get it till Saturday/Monday, so that was very appreciated. Packaging was a plain brown box, inside were packing peanuts (gross, I know they are cheap but they are horrible for the environment) and the goodies.
In total I ordered
1x Starry
1x Free Grinder (we will get to this…)
1x Scope Water Piece
In the Box
1x Starry
1x Free Grinder (we will get to this…)
1x Scope Water Piece
1x Doob Tube
4x pieces of PiU promotional material
3x Candies
I love that PiU sends goodies with your order, please don’t ever stop doing that, the good will it creates is great for you. The sticker is nice although I would prefer another sticker instead of 2 discount cards (although maybe you’re supposed to give one to a friend) but I’m a sticker person so that’s just me.
The Grinder
I am pretty disappointed with the grinder, I had been hoping for a competent, smaller replacement to my aging 2.5” grinder, but alas the included grinder is not one that I will ever use. I will let the pictures do the talking, honestly I might of forgiven the metal shavings if I cared to clean it more, but the obvious gash on the underside of the second piece is just too much for me. I feel like this is the worst part of PiU’s service and it confounds me why they would still be sending free grinders out. I thought there was already a bit of a controversy about this issue earlier in the year… if you can’t send out a good free product then don’t send on at all or, better yet switch up what you are sending. Wouldn’t it be easier to send a smell proof case/jar and some random thing inside it instead of taking chances with cheap grinders? Or if smaller grinders (say <1.75”) are cheapebetter at the same price point than a 2.25” grinders go with those. It’s just a downer that such a seemingly great service has this disappointment included.
My apologies for the iffy photos, I was high… but you can clearly see the chip on the underside and you can make out the metal shavings versus paper
XMax Starry
On to the Starry, and oh my where to begin?
Feel
With the battery in the Starry has some heft to it, and it gets considerably lighter when the 18650 is removed. Definitely portable, seems on the level of the Pax a bit longer but not as thick, sameish weight with battery, will fit in a small purse or jean pocket. There is a good level of polish but there are some obvious missing touches. An obvious one is that there is no O-ring on the battery compartment, having one would not only help water proof the device but also eliminate the possibility of the battery shorting to the outer metal casing. I can see why the screen is on the same side as the charging port (save money with 1 PCB) but it would benefit the device so much to have the screen on the opposite side of the chargecontrols. Firstly you can asymmetrically machine the screen side to have thinner metal and get the screen closer to the glass (about a 1-2 mm separation currently) which would give the device a more high end feel. Secondly it would allow for a larger screen, which yes means more battery consumption but that can be fixed with including a larger 18650 (current one is 2600mha, there are ones that are like 3300mha iirc).
Beyond that the only other major improvement would be a larger top piece with more metal to act as a heat absorber and maybe a simple grill to increase heat transfer. Cleaning is easy enough once the top screen is removed (will touch on that in a bit), buildup of reclaim happens fast and I imagine I will have to soak in iso every 25-30 uses but in between picking out the reclaim every 4-5 uses seems okay.
I know that’s a lot of nit picking but that is because I think I am falling in love with the Starry (not literally). It feels like a couple key improvements would make it a better user experience and device than a Pax, not saying it necessarily loses to the pax (I did buy the Starry after all) but there could be marked improvements that would push it well ahead.
Pic’s
Use
Filling the starry hurts me a bit, the chamber is 3 times the size of my beloved nano’s chamber and I felt like I was wasting weed filling it all the way. That is however until I had a full bowl to myself and worked out that filling it all the way is great for passing with friends but too much for me alone. I then decided to fill half the bowl and put one of the metal screens on top, which worked like a charm. I am going to buy and cut up some of the mighty’s liquid pads to see if they will work as chamber reducers as the screens are tiny and not great for use on the go (will report back to y’all on that). Speaking of screens removing the top screen is essential if you want good airflow (and if you are using a screen to half pack there is no need for a second one), it did take me a while to get it out as I was scared of breaking stuff but I managed to use the included tweeters to jam it on the side and pull it out.
Vapor
Session vapes were always iffy for me as I like to tailor my high but 5 and 10 mins are pretty good session timing wise and you can always turn off the device before the session is over (horrible for the battery I assume). Temperature wise I have been trying to do 385-400 for the first session and then 420 for the second session, finishing at 420 produces quite a bit of vapor as compared to lower temps (even with ground bud). I tried the liquid chamber with some reclaim, it worked well enough but I suspect I will need to find some proper wax to properly test it.
I found I got the best results by putting some hand ground bud in (just assorted into tiny nugs) vaping for 5 mins and then stirring and crushing down the bowl, repeating the 5 min session. Whoever says conduction vapes can’t produce good taste obviously isn’t trying hard enough, I have always found I got better and more flavorful taste with whole/hand ground bud and the Starry is no exception. The first 5 min session with whole bud is light on vapor but heavy on taste, second session is heavy on vapor and effects but admittedly the taste does go down in quality. Basically the Starry is as good as you make it, you can get average to above average results depending on time and other constraints.
ABV
I can do a comparison between the M, Lotus, Nano and Starry later on in the week but I can say that the AVB is a smidge lighter than the nano’s and when I revaped some of the avb in the nano I got a medium sized hit (2 actually because I could only fit half the avb from the starry into the nano at a time). In my experience the nano has the most consistent results and the most extraction which is why I use it as a base line. I don’t feel too bad about not extracting everything because that means more potent avb but also makes saving avb on the go more important.
Other thoughts
A WPA top for the starry is a no brainer, so where is it? Using with a whip isn’t going to cut it when you could sell a 20-$30 wpa that attaches to the vape directly. Battery life is 2-3 bowls (2 5 min sessions each), pass through charging is a godsend and so are extra 18650’s. Buttons give a nice click but don’t feel particularly high end, single button with a touch strip to control temp would be cool but I am not sure how effective it would be. Haptic feed-back when the bowl reaches temp and when the device turns off would be a highly appreciated qol change.
More pic’s
The Scope (Water Piece)
I had purchased the same glass design from [Redacted] for 3 times the price of PiU’s (I was a lot dumber 2 years ago). Not much to say that ~20 is a fair price and I like it for what it is. Definitely not as good as a proper water piece but makes a great travel accessory for my nano/portable vapes.
submitted by Freybae to vaporents [link] [comments]

I've put together a post that has, what I think, is all the possible (english) information on SmartContainers' ICO out there

Okay, so this is going to be really long in terms of posts here. I actually have to cut out some info to make it under 40000 characters for reddit...
Typically in the market there are Currency and Utility coins. Profit-Share Tokens are relatively new, and while this ICO has 2 tokens, the profit share token is definitely the main attraction, as it's tied to a very, very promising company. This company is SmartContainers Group, and their tokens are SMARC (profit-share token) and LOGI (more on LOGI later).
“Smart Containers Group, formerly REP AG (Swiss registry of commerce, UID: CHE- 141.664.882), is a Swiss based, high tech company that provides the safest temperature controlled containers to transport sensitive pharma goods and food around the world. Our purpose is to secure sensitive goods and to make sure no compromised product is ever delivered to anyone.” - whitepaper

Product

SmartContainers Group is a holding company for SkyCell.
SkyCell is the company Smart Containers Group uses to rent/sell their containers to clients around the world.
Our containers transport some of the most expensive and temperature-sensitive goods in the pharmaceutical industry. These goods need a particularly careful and accurate protection. Through our highly secure and efficient container design, we assure the best possible protection against temperature excursions. In combination with a cutting-edge technology, it enables us to provide containers with easy handling, maximum loading capacity and highest performance on the market.
More than 50 man-years of research and development poured into the creation of an unprecedented, highly efficient insulation. This cutting-edge technology reflects a maximum of radiation while minimizing heat conducting. It is the most patent protected insulation technology on the market.
The ingenious SkyCell R&D team invented a completely new, cooling technology, that stores five times more energy than traditional methods to keep the container at a steady temperature. Consequently, SkyCell containers are automatically recharged in a cooling chamber without any manual interference. Nothing can be mixed up since all parts are integrated and fixed.
The ingenious SkyCell R&D team invented a completely new, cooling technology, that stores five times more energy than traditional methods to keep the container at a steady temperature.
 
“oh, our product needs better cooling? Okay, let’s just invent a better cooling technology, no biggie”. Who heads that team, Rick Sanchez?
I asked about this tech during their AMA, here's what they said:
Cooling technology: Yes, our containers are state of the art. Nico has developed a cooling material that freezes at 5.5°C. So if you put it in a cooling chamber that has a lower temperature, it automatically freezes and if the temperature is higher it melts. Basically, the system works like a huge ice cube that is empty in the middle. The centre of the ice cube has a steady temperature of 0° until at least 1 side of the ice cube has melted. It's the same principle for SkyCell containers, but at 5.5°C
 
The patented-in house developed cooling technology stores five times more energy than traditional methods to keep the container at a consistent temperature. After use, they are ‘recharged’ in a cooling chamber without any need for manual intervention, increasing productivity of the business and reducing cost.
I’ve forgotten to mention something so far about their product [the containers]. They’re literally (not figuratively, literally) the most advanced container ON EARTH.
 
From their ICO FAQ: Where do you position yourself compared to Envirotainer? Envirotainer is the number one container company with the largest container fleet today. We are currently fourth globally, but we reached this position in less than 5 years operating in this space. SkyCell containers have been tested and shown to be technologically superior to Envirotainer containers (5x more runtime, up to 35% lighter) which translates into safer pharma distribution and cost savings as well as a reduced CO2 footprint.
 
We are currently fourth globally, but we reached this position in less than 5 years operating in this space.
 
Another thing that’s pretty impressive, 4th largest company in their entire field… after just 5 years… but back to the main point of that statement: “SkyCell containers have been tested and shown to be technologically superior to Envirotainer containers (5x more runtime, up to 35% lighter) which translates into safer pharma distribution and cost savings as well as a reduced CO2 footprint.”.
 
Watching a video from a blockchain conference in Switzerland, I got a fair bit of info from the CEO, Richard. I’ll be quoting him in that video a few times in this post, and here’s the first: “In my industry, we talk about how many shipments go wrong - and the average is 8.5%. So for 8.5% of pharma shipments for example, the [proper] temperature is not maintained. In our case [with Smart Containers], it’s less than 0.1%. That’s 75 times better. Richard also speaks in this video about how they will be able to eliminate the amount of shipments happening every year, due to the decentralized nature of this whole system, there will be less need to send packages to places far from their end destination, to make the delivery easier on the shipping side. We’ve all had packages come from across the ocean, only for it to fly 1500 Km past us to be shipped back our way next week…
 

LogiChain

”There are 200 documents are required, or exchanged, to make one shipment happen… we estimate we can bring this down to 8” Richard Ettl, CEO
Logistics is an old industry. it started out on paper, moved through the fax, early ages of the information era, early email, current email, and is now ready to move onto the blockchain.
LOGI CHAIN GOALS
 
“By using blockchain technology, we can decentralize logistics and create autonomous containers – container 4.0. This container will know who’s renting it, when the contract ends and when to invoice the customer. That’s why we’ve created the LOGI CHAIN platform. It allows us to create a seamless, fully integrated, digital logistics process that everyone can use for free.” - Richard Ettl, CEO
“Well-established processes often generate inefficiencies that we simply accept. And of course everyone knows change is painful. But at Smart Containers, we see things differently. Change is the only way to improve. We think that every process should not only be optimized but redefined and redesigned. Logistics today is highly centralized. It’s incredibly inefficient. So many wasted kilometers to huge warehouses.” Nico Ros, CTO
 
There will be more than one blockchain at play with this system as well. The info that people deserve to know will be available on a public blockchain like Ethereum, the weight, material safety data sheets, the storage conditions (which as said up above, 8.5% of pharma shipments have issues with, and Smart Containers brings that down to below 0.1%), as well as at the same time, the info that shouldn’t be public to everyone (Bills, invoices, etc) would be stored on a blockchain like Fabric or HyperLedger. LOGI will be the fuel for the LOGI Chain.
CMO Carla elaborating on LogiChain:
The LOGI project finds good echoes with logistics players but even more with blockchain infrastructures like NEM, EOS and NEO.
Emirates for once was enthusiastic about the project and definitely wants to join the foundation. As you know, the government of Dubai is focussing on applying blockchain asap to multiple industries.
We are also in exchange with ShipChain, who are running a similar project in the US. Our goal is to collaborate with a maximum of projects around the world.
The LOGI Chain Foundation will be set up in July, right at the end of the ICO. Dr. Fabian Schär, our valued Advisor, will be in charge of defining how the LOGI Chain Foundation will develop in the next 2-3 years. We think that we will be able to put out a PoC based on SkyCell until the end of the year.
We have not yet decided on which blockchain platform to build the LOGI CHAIN. We are highly delighted with NEM since they are already operative and offer a private and public blockchain on the same protocol.
 
One Chain to Connect them all - LOGI CHAIN
One platform to get all players up to speed, to handle all documents and permissions in one place. No more floods of emails. No more polluting the environment with senseless printing of documents. No more compatibility problems and clashes of individualized systems.
To show you how vast the amount of documents (and by this emails circulated) find a list of common documents needed for one air freight shipment below:
Documents of origin, Material safety sheet, Airway bill, Bill of lading, Transport order, Customs declaration documents & bills, Invoices, Product data sheet, Storage conditions, Transport conditions, Multiple service provider billings, Licenses, etc.
This adds up to the gigantic number of about 200 manually processed emails per shipment.
A combination of public and permission based chains will allow for all players in the ecosystem to store documents needed in the logistics processes. We are looking at multiple platforms to build the LOGI CHAIN on top including NEM, Fabric, Corda, EOS and NEO.
 

Team

I’ll be using bits and pieces taken from their white paper and LinkedIn pages.
The Smart Containers team includes over 80 people, and is growing every year.
Richard Ettl - Co-Founder, CEO - LinkedIn
Richard wanted to know how things worked since he was a child. He has a passion for engineering and management. Growing up in Vienna, Austria and studying in Stanford USA and the University of Fribourg, Switzerland, he started his career at Bobst Group, a leading producer of packaging machines worldwide. In 2009, he decided to launch his own business together with his university friend Nico. After wide reaching scientific research and various proof of concepts, they founded today’s Smart Containers Group as well as SkyCell in 2012. Since then he has lead the companies to commercial success, seamlessly finding the right partners and investors at crucial points, as well as convincing more and more clients of the unrivaled benefits of the SkyCell offer
 
Nico Ros - Co-Founder, CTO - LinkedIn
Nico Ros, Chief Technology Officer & Co-Founder Nico is the mastermind behind Smart Containers Group and its technology. Growing up in Basel, Switzerland, he discovered his passion for mathematics very early on and therefore came to study mathematics, physics and engineering. Being a natural talent, he had already won prestigious architectural prizes during his studies and quickly became managing partner at ZPF an engineering company in Basel. He has constructed the most expensive buildings in Switzerland in collaboration with the famous architects Herzog & DeMeuron. Nico’s key strength lies not only in his state of the art engineering know how but also in his efficient management of teams, leading highly complex, multimillion projects to success. However, engineering alone did not suffice Nico. Having a passion for business and management, he decided to complete additional studies at the University of Fribourg, meeting Richard along the way. Everyone who meets Nico rapidly becomes aware of his sharp mind and his passion to invent new technologies. It is therefore not surprising, that both him and Richard ended up together where they are today.
 
Andreas Ernst - CFO - LinkedIn
Andreas is the true logistic finance expert in the company. He spent all his career in various finance roles of logistic service providers: from Swissair (today Swiss International Airlines), to Swissport (biggest ground service provider for airlines) where he filled the role as regional CFO for the Middle East and Africa. His last role before joining Smart Containers Group was CFO of Unitpool (now called Unilode), which is the largest independent air-freight container pooling company in the world.
 
Thomas Taroni - Head of IT - LinkedIn
Thomas is an IT-architecture mastermind. His first claim to fame is the creation of the largest media database, shared by all media houses in Switzerland: more than two million articles are uploaded every year, then queried and shared seamlessly and efficiently among multiple news companies. He founded his own IT company to design IT architectures focusing on process automation (eliminating paper and endless emails), and as a result won other clients (large banks, pharma companies and even publicly tendered government contracts). SkyCell became his client, when they needed a bespoke asset management system to track and trace their containers around the world. He joined SkyCell four years ago and since his tenure, has become the head of IT for all companies of Smart Containers Group.
 
Carla Bünger - CMO & Business Development Manager - LinkedIn
Carla is a marketing and sales expert. Building strong brands on solid foundations and convincing clients to buy its underlying products gives her huge satisfaction. She collected her experience through managing various international consumer brands, for companies such as Nestlé, Lindt and Coty. However, she discovered her passion for Blockchain technology roughly 18 months ago and has since been actively participating in the com - munity of Crypto Valley in Switzerland. The sheer endless application possibilities make her strive for more and she is drawing energy and enthusiasm from developing new business schemes around the subject. Her “can do” attitude helped to put together the high level advisory team around our ICO.
 

Advisors

Strategic advisor: Oliver Bussmann, is CEO and Founder of Bussmann Advisory, former CIO of UBS and SAP as well as the President of the Crypto Valley Association. “our main advisor” - Richard
Strategic advisor: Marc Bettinger, Altcoin and Blockchain specialist and investor, Co-Host Altcoin Meetup Switzerland (Bitcoin Association Switzerland)
Strategic Advisor: Fabian Schär is Managing Director of the Center for Innovative Finance at the University of Basel. His research focus is on the potential and applications of blockchain. In addition, he works as a lecturer in blockchain technology at the University of Basel, the University of Applied Sciences in Business Administration Zurich (HWZ) and the University of Applied Sciences Northwestern Switzerland (FHNW).
 
Technology Partner: Lykke Corp. our highly trustworthy expert in smart contract programming and ICO execution. (Lykke also audited their ICO smartcontract)
Legal Advisor: Gabriela Hauser-Spuehler was part of the team of MME, the well-known law firm in the crypto space.
Communication Advisor: David Wachsman and Emma Walker from Wachsman PR, the crypto community’s most experienced PR agency.
Richard also states they hired a lawyer that worked on the Ethereum ICO, but I don’t know if it’s Gabriela up there or another person.

Tokens

Min. investment = $500 USD for ICO, $5000 for presale (largest portion of supply), $250k for private sale.
There are two tokens as mentioned before: SMARC and LOGI. I’m more into SMARC because it’s safe (safe once the payouts start of course, as soon as a coin has a clear value like this, BTC moving up or down doesn’t matter to you), as well as obviously very attractive if you think of the long term profits.
 
Every year, the company’s annual shareholder meeting takes place, during which the shareholders will agree (or negotiate) on a proposal by the Smart Containers’ board about how much of the company profits is to be paid to the shareholders that year. 20% of that amount is taken, converted to ETH, and fairly distributed to the token holders.
Since the cofounders and all token holders will have aligned interests and incentives, we are all in a positive-sum-game. We do not want to use the ICO as a speculative springboard, but as way of funding innovation and change the world. Both Richard and Nico are committed for the long-term and not interested in a quick exit. Our aim is to use the collected funds to continue pushing the following business areas:
• Continue scaling of SkyCell in both B2B and B2C
• Establish FoodGuardians - the main goal if the ICO is to build and scale FoodGuardians
• Establish the of LOGI CHAIN Foundation
• Regularly evaluate organic scaling vs. M&A
• Evaluate IPO at relevant time
We are raising funds through an ICO to grow our container businesses in pharma and food. We push SkyCell from no. 4 to the no. 1 provider in the next 2-3 years.
 
The CEO in this video explains pretty easily why one would want to put money into this ICO over others:
“Why invest? [referring to SMARC] Simple question. It’s an up and coming company with revenue, multiple millions a year, most ICO’s have white papers…[we have much more than that].”
That's pretty clear. You can invest in random Xcoin ICO where they have some half-baked token that might see some level of adoption if it isn't just a cash grab, or you could invest in an actual multimillion-dollar company and be a part of it as it scales into what could potentially be a multibillion dollar entity.
 

The following is taken from the ICO, Legal, and Company FAQ

How will the profit share payouts work? 20% of dividends will be paid in ETH to all holders of SMARC tokens that are in circulation at the time of the payout. A given business year ends on 31st December each year with a general assembly held annually around mid-February. Therefore, dividend payout is expected around mid-March each year. In the event of a total sale of Smart Containers or the exit of one of its lines of business, the holders of SMARC tokens will receive a 20% participation of proceeds
 
Is there a future profit statement? No listed company can make an estimation or a commitment to a future return. To do so would neither be professional nor ethical. For Smart Containers, as with any company, profits may often depend upon a number of external factors, such as the general trust in blockchain technology. The question to be assessed is how fast a new disruptive technology can replace an old system. We believe that Smart Containers Group is well-positioned to facilitate this disruption, with a strong plan going forward and experienced team working to successfully implement blockchain technology in the supply chain. 5 years of industry experience, the 4th largest container fleet and a motivated team; that’s more than any idea whitepaper ICO.
 
What specific rights come with my investment? The SMARC token is a profit share token. When the company generates profits and the company’s general assembly approves a dividend payout, 20% of the defined funds attributed to dividends will be distributed proportionally to holders of SMARC tokens in circulation. In contrast, the LOGI token is a utility token that can be used to pay for transactions on the LOGI CHAIN, an open-source logistics platform for all stakeholders in the logistics field with the goal to create a seamless, fully integrated, digital logistics process.
 
Smart Containers will pay out a dividend to SMARC token holders. This would imply that the SMARC token is a security token. Are you compliant with financial regulation? Smart Containers tokens is not classified as a security in Switzerland under current law. This may be different in other jurisdictions such as the USA. Hence the SMARC token is not eligible for sale in certain jurisdictions. Our benchmark is the Modum token sale from June 2017. We have elected to use the same legal structure as it was accepted by regulators in Switzerland and well received by the ICO community and exchanges.
 
What is the vesting schedule for team and advisors tokens? Everyone will receive SMARC and LOGI tokens at the same time. Minting will occur at the end of the token sale. Advisors will have lock up periods depending on how many tokens they receive. Team members have a lock up period of 12 months.
 
Are SkyCell containers an approved ULD according to IATA regulations? SkyCell containers are exempt from the ULD rules by IATA. This has the huge advantage that, compared to our competitors, the SkyCell container can not only fly but can also leave the airport. Skycell containers are therefore a door-to-door solution. Our competitors’ containers, on the other hand, have to be unloaded at the airport and packed into a new transport unit in order to continue their journey from the airport to the final destination, increasing the risk of temperature excursion, and loss.
 
Are there financial statements? If so, are they audited, and by whom? Yes, there are financial statements for all our companies. They are audited by PricewaterhouseCoopers (PwC). To preserve our competitive advantage in the market, we have decided not to publish our financial figures online at this moment in time.
 
Are Modum and Smart Containers competitors? Modum and Smart Containers are not competitors, more future partners. Modum rents/sells sensors to track and trace shipments on temperature, whereas Smart Containers rents/sells the containers, in which products including sensors are put inside. Of course our containers have sensors that record data for quality control, but Smart Containers does not sell these data sets. In the end Modum and Smart Containers will address to the same clients - Smart Containers provides the container and Modum will put a sensor in it.
 
How many airlines fly SkyCell containers? In addition to our major partners, Emirates and CargoLux, more than 30 airlines fly SkyCell containers.
 
What destinations does SkyCell serve? SkyCell is a global company. We are shipping containers around the world and reach each pharma client within 24-48 hours. This is accomplished through our airline partners, that can fly ready-to-use containers to more than 150 airports.
 

Profit Sharing Mechanism

During the annual shareholder meeting, the shareholders in the form of the general assembly (Annual General Assembly) decide on a proposal by Smart Containers’ board regarding the usage of profit as recognized in the annual financial statements of Smart Containers in the form of distribution of dividends. Distribution of a dividend on shares shall be announced in the “Tokenholder Information” section of the Smart Containers website; such announcement shall include the date and time of the dividend payment and the dividend amount per ordinary share in USD as well as the ETH/USD exchange rate which shall become applicable, as derived from publicly available and reliable quotes. Within 20 business days of the date of the resolution passed by the Annual General Assembly regarding dividend payments to the shareholders of Smart Containers, Smart Containers will make available a Profit Share Amount to each authenticated Tokenholder equal to 20% (twenty percent) of all dividends agreed to being distributed per share to the shareholders, divided by the total number of issued SMARC Tokens (To further explain for clarity, all Tokenholders combined will receive an amount equal to 20% of the amount received by all shareholders combined.). SMARC Tokenholders shall receive these payments in ETH, at an average exchange rate specified by Smart Containers.
 

FoodGuardians

“Imagine your tomatoes tasting 1 day ‘fresher”.
One of the main reasons for the SMARC/LOGI ICO is to raise the funds to fuel the growth of FoodGuardians alongside SkyCell.
According to their CEO, SkyCell is constantly asked “can your containers be used for food?”, but there are several issues with shipping food and medicine together. This is where FoodGuardians comes in.
FoodGuardians offers the next generation of reusable containers and boxes to transport regionally and globally temperature sensitive food products.The combination of patented cooling technology, cutting edge insulation and Blockchain infrastructure allows to redefine the product’s freshness and traceability.
Our vision is to allow your local butcher to order your favorite steak directly from the producing farm and sending it straight to your grill party. (All without the buyer even leaving his home, let alone going to store)
 
Advantages of using FoodGuardians
 
Each FoodGuardians container can be tracked around the world on:
 
The phrase “Imagine your tomatoes tasting 1 day ‘fresher” has been used by the CEO a couple times, and is more or less the FoodGuardian slogan. This is referring to the fact that not only can FoodGuardian and SkyCell containers save cost, CO2, and man/brainpower, but they can also make shipments faster when combined with the blockchain (LOGI Chain) and Smart Contracts. when everything is accounted for at every second with almost as little room for human error as possible, things are far more efficient.
We are launching our first food application – we will announce a collaboration before June for a solution that can be used to ship overnight online fresh food to people homes and can be used to supply hospitals and restaurants as well.
FoodGuardians and SkyCell are two of the many possible use-cases for SmartContainers' tech:
"Other use cases. Yes indeed. We are just getting started!! However, it makes sense to focus on scaling SkyCell and FoodGuardians before starting something new. In the end we are a tech company. We have defined 7 use cases around the insulation technology. We have started with the most relevant 2 but will certainly continue."
 

SkyCellONE

SkyCell is looking to bring a business-to-consumer solution to market, that was developed and tested with one of the top 20 pharma companies in the world. The direct to patient market is estimated to increase to a 2.5 billion USD market in the future, with no other competition yet aside from styrofoam containers that are disposed of after one use. The SkyCell ONE can also be co-branded by a partner, such as a pharmacy chain that could rent it out for home delivery, business trips or even holidays.
The product is temperature stable for up to 72 hours, can be recharged passively in a fridge, or temp-controlled warehouse or truck. Currently it’s best in class for size and weight, but that’s probably down to there being no competition! Trials have been undergoing since June 2017 with an orphan drug product, and go live is expected in Q2 2018. - Cryptowithoutborders article
The SkyCell ONE container is showcased HERE
THIS could be a massive money maker. There is currently no direct pharma-2-consumer shipping service, because it really wasn’t profitable, or manageable on a central database. They can even sell this product to other supply chain entities to use. The direct to patient market is estimated to increase to a 2.5 billion USD market in the future, with no other competition yet, aside from styrofoam containers that get disposed of after a single
Q&A: Smart Containers’ Richard Ettl on Blockchain, Pharma, and how His Company’s Hardware and Software is Disrupting the Logistics Industry - Nexchange.com
We are launching also additional sizes – so we are launching a very small box to ship pharma directly to patients' homes. Amazon just recently announced that they will postpone entering the pharma distribution space, as they do not have the technology to ship to patients homes in a temperature controlled manner. We are bringing this to market later this year. This will increase the convenience of patients and reduce the costs in the healthcare system.
 

Organs

I just finished listening to this podcast (20 minutes long, but you can skip the intro stuff to make it shorter of course). I’m now twice as excited as I was before. I’m going to type out a large chunk of the podcast. I’ll be paraphrasing slightly, so I don’t have to type every “uhh” or anything, plus he sometimes starts one sentence before finishing another.
“We have some prototypes, that we built, for example, for the Children’s Hospital here in Zurich, where we’ve designed a container that can transport living skin.” [Interviewer; “Wow.”] “So for young children that suffer skin diseases that could be almost fatal, like cancer, they grow this… patch of skin, and then that skin needs to be transported, and kept at body temperature so… roughly 37 degrees Celsius. There we designed them a box that did this for 10 days, autonomously.” [“That’s amazing…”] “Yeah, we did this because we wanted to learn how to interact and work with hospitals, this is a highly specialized application, and the next step could be organ logistics, because most of the organs today are transported on ice, because that’s the standard set in the 70’s, but studies have shown that if your transport certain tissue at room temperature, it is significantly better for the tissue than if you transport it on ice.”
I can guarantee you every major hospital on earth is going to want their hands on this container that can allow them to transport both living skin, and potentially organs in the future. The fact that in this day and age we’re still throwing people’s kidneys/lungs/etc in a bucket of ice is a little weird.
From the recent AMA:
Our Container BT5: The name stands for Body Temperature 5 L content. It transports skin grafts that was cultured for children with burn accidends. The temperature range is 37°c. Nico (our CTO) was so taken by this project, that he developped this container only for this purpose for a company calles Cutiss (a start-up from Zurich). We currently only have around 10 of these containers in use. It is not produced in on a large scale. We could market it, but have bigger opportunities to tackle first with the SkyCell one. You can only focus on 1-2 projects at a time. The BT5 is a beautiful project, but will need manpower to scale production and then manpower to market it.
 

Competition

Envirotainer, The leading company in this field, has only a matter of time before they’re overtaken. SmartContainer Group’s containers are proven to be superior (5x as efficient, 35% lighter, self-charging, etc, etc, read up above for the whole deal). According to the Googles, Envirotainer’s best year (2015) saw a profit of $50,000,000. It’s logical to assume that Smartcontainers will surpass them as the top dog, and at the same time be pulling in much more profit over time by serving both pharma, and the food industry (Envirotainer only does pharma). By accepting cryptocurrency payments, saving them a fair bit in fees from cross border payments, they’ll also net a small % more in profits annually.
I asked about the state of their competition. Turns out, Envirotainer (or more specifically the private equity firm that owns them) offered SmartContainers a buy out of $125m. This was one of countless offers they've turned down, because they believe they can scale the company to much further value. The firm selling Envirotainer has been trying to find a buying for the past 3 years, at $1b. No one will buy them, because anyone who knows their shit in that industry knows SmartContainers will overtake them in no time.
From April's AMA:
Our 2 biggest competitors are for sale. Envirotainer (biggest player) is owned by a Private Equity company that wants to sell it for 1 b USD. it already tries to sell for 3 years. SkyCell is considered a threat to the valuation of Envirotainer, since we are winning one client after the other from them. While Envirotainer is the largest player with a huge sales force and well established client contacts, they are still operating on an "old" technology. SkyCell is technology leader, has lighter containers, reduces CO2 emissions and is considered to be the future.
2 days ago, a private equity company requested a meeting to see the valuation of SkyCell and evaluate to buy. We have already been approached several times. We are treated as the bride in the market. However, Richard and Nico think we can scale the business much more before we should consider to sell. We are just getting started.
We have won 3 large accounts in Q1. Today we have 1200 containers. By the end of the year, it will be 2000. Our business plan estimates that SkyCell will be profitable in 2019. Therefore you can expect first dividends in Q1 2020.
 

Official Projections

Another redditor asked for "optimistic expectations for potential profits" during their ama, here was their answer:
How does a profit of 21 m USD on Smart Containers total in 2020 sound? This figure will then quadruple in 2021 to 76 m USD.
As you can see, this would mean that by 2021 tokenholders would not even have broken even yet. I myself am fine with this, i'm expecting to hold SMARC until the end (be it I die or the company sells, in which case i'll enjoy that fat exit payout). The potential gains from 2020-2030 are far more worth it to me than trying to make it in one year with heavy risk.
So why invest in this over a random shitcoin that might moon? If you're here to turn $1000 into $1m and get out by the end of the year, good luck, don't invest in smarc. If you're realistic and are aware that crypto will only be so volatile for so long, go ahead and think about putting a bit of your portfolio in something that will have actual value, lasting long after the shitcoins die. Crypto market could crash at any time, but that doesn't mean that SmartContainers as a company goes anywhere, nor their profits. I don't think I need to explain any further.

So…

A 5 year old company, with over 100,000 collective hours of R&D put into their products, with currently just under 100 innovative patents, that is already the 4th largest of it’s kind in the world, with the top product in their field on earth, is doing an ICO that is fully backed by the Swiss government, with a token that is due 20% of all future shareholder payouts, as well as 20% of any potential exit profits (the company being purchased). They’re already this big, and you can benefit from both their success, and their expansion into new markets.
There’s nothing stopping SmartContainers Group/SkyCell/FoodGuardians from working with VeChain in the future either. Or Walton, or Wabi, Devery, OriginTrail, Ambrosus, all of em.
 

Links4U:

SmartContainers
https://smartcontainers.ch/
https://foodguardians.ch
https://skycell.ch/
Whitepaper
FAQ
Terms of Token Sale
CryptoWithBorders Article
Medium post reviewing SmartContainers
Interview with Richard Ettl, Co-Founder & CEO of Smart Containers on SMARC Token Sale | TechBullion
Interview with Richard Ettl - CryptoRich - Richard talks about some of their patents in this video, I think about 20 minutes in. Whole thing was worth watching imo
Podcast on how Blockchain + Smart Contracts will change how we ship things globally - 20 minutes, I REALLY recommend you listen through it, but do skip the intro if you want.
CEO Richard Ettl speaking at Crypto Finance Conference in St.Moritz - about 14 minutes, also highly recommend you watch this as well.
SkyCell Video
Strategic Advisor Oliver Bussman (President of the Crypto Valley Association, Former CIO of UBS and SAP), on SmartContainers
Marc Bettinger on why he took an advisory role with SmartContainers - (many may know him as "altcoindad")
Michael Guzik - Former 'Head of Blockchain' at PWC, current Head of ICO advisory at Lykke - why he's involved with the Smarc/Logi ICO
AMA with Carla Bünger - CMO & Business Development Manager of SmartContainers
AMA with Thomas Taroni - Head of IT of Smart Containers
Q&A w/ Richard Ettl - Nexchange
 
Should you invest in this? I sure am, and am very glad to even be offered the opportunity, but it’s up to you. Read through this post if you haven't yet, then click these links and decide for yourself. Don't go all in of course, since this is a profit share token, there is much less risk, therefore less short term reward. The long term reward is what we're looking at here, don't buy into the ICO and then complain that you aren't getting 1000% ROI payouts by year one.
submitted by Haramburglar to RFIDBlockchain [link] [comments]

Only 2 days left to whitelist for SMARC ICO, an ICO for a profit-share token being held by an already multi-million dollar company.

- Credit to Haramburglar for this post, and for giving me the notepad file he wrote it in so I could share it where I wished, without even asking for credit
Okay, so this is going to be really long in terms of posts here. I actually have to cut out some info to make it under 40000 characters for reddit...
Typically in the market there are Currency and Utility coins. Profit-Share Tokens are relatively new, and while this ICO has 2 tokens, the profit share token is definitely the main attraction, as it's tied to a very, very promising company. This company is SmartContainers Group, and their tokens are SMARC (profit-share token) and LOGI (more on LOGI later).
“Smart Containers Group, formerly REP AG (Swiss registry of commerce, UID: CHE- 141.664.882), is a Swiss based, high tech company that provides the safest temperature controlled containers to transport sensitive pharma goods and food around the world. Our purpose is to secure sensitive goods and to make sure no compromised product is ever delivered to anyone.” - whitepaper

Product

SmartContainers Group is a holding company for SkyCell.
SkyCell is the company Smart Containers Group uses to rent/sell their containers to clients around the world.
Our containers transport some of the most expensive and temperature-sensitive goods in the pharmaceutical industry. These goods need a particularly careful and accurate protection. Through our highly secure and efficient container design, we assure the best possible protection against temperature excursions. In combination with a cutting-edge technology, it enables us to provide containers with easy handling, maximum loading capacity and highest performance on the market.
More than 50 man-years of research and development poured into the creation of an unprecedented, highly efficient insulation. This cutting-edge technology reflects a maximum of radiation while minimizing heat conducting. It is the most patent protected insulation technology on the market.
The ingenious SkyCell R&D team invented a completely new, cooling technology, that stores five times more energy than traditional methods to keep the container at a steady temperature. Consequently, SkyCell containers are automatically recharged in a cooling chamber without any manual interference. Nothing can be mixed up since all parts are integrated and fixed.
The ingenious SkyCell R&D team invented a completely new, cooling technology, that stores five times more energy than traditional methods to keep the container at a steady temperature.
 
“oh, our product needs better cooling? Okay, let’s just invent a better cooling technology, no biggie”. Who heads that team, Rick Sanchez?
I asked about this tech during their AMA, here's what they said:
Cooling technology: Yes, our containers are state of the art. Nico has developed a cooling material that freezes at 5.5°C. So if you put it in a cooling chamber that has a lower temperature, it automatically freezes and if the temperature is higher it melts. Basically, the system works like a huge ice cube that is empty in the middle. The centre of the ice cube has a steady temperature of 0° until at least 1 side of the ice cube has melted. It's the same principle for SkyCell containers, but at 5.5°C
 
The patented-in house developed cooling technology stores five times more energy than traditional methods to keep the container at a consistent temperature. After use, they are ‘recharged’ in a cooling chamber without any need for manual intervention, increasing productivity of the business and reducing cost.
I’ve forgotten to mention something so far about their product [the containers]. They’re literally (not figuratively, literally) the most advanced container ON EARTH.
 
From their ICO FAQ: Where do you position yourself compared to Envirotainer? Envirotainer is the number one container company with the largest container fleet today. We are currently fourth globally, but we reached this position in less than 5 years operating in this space. SkyCell containers have been tested and shown to be technologically superior to Envirotainer containers (5x more runtime, up to 35% lighter) which translates into safer pharma distribution and cost savings as well as a reduced CO2 footprint.
 
We are currently fourth globally, but we reached this position in less than 5 years operating in this space.
 
Another thing that’s pretty impressive, 4th largest company in their entire field… after just 5 years… but back to the main point of that statement: “SkyCell containers have been tested and shown to be technologically superior to Envirotainer containers (5x more runtime, up to 35% lighter) which translates into safer pharma distribution and cost savings as well as a reduced CO2 footprint.”.
 
Watching a video from a blockchain conference in Switzerland, I got a fair bit of info from the CEO, Richard. I’ll be quoting him in that video a few times in this post, and here’s the first: “In my industry, we talk about how many shipments go wrong - and the average is 8.5%. So for 8.5% of pharma shipments for example, the [proper] temperature is not maintained. In our case [with Smart Containers], it’s less than 0.1%. That’s 75 times better. Richard also speaks in this video about how they will be able to eliminate the amount of shipments happening every year, due to the decentralized nature of this whole system, there will be less need to send packages to places far from their end destination, to make the delivery easier on the shipping side. We’ve all had packages come from across the ocean, only for it to fly 1500 Km past us to be shipped back our way next week…
 

LogiChain

”There are 200 documents are required, or exchanged, to make one shipment happen… we estimate we can bring this down to 8” Richard Ettl, CEO
Logistics is an old industry. it started out on paper, moved through the fax, early ages of the information era, early email, current email, and is now ready to move onto the blockchain.
LOGI CHAIN GOALS
 
“By using blockchain technology, we can decentralize logistics and create autonomous containers – container 4.0. This container will know who’s renting it, when the contract ends and when to invoice the customer. That’s why we’ve created the LOGI CHAIN platform. It allows us to create a seamless, fully integrated, digital logistics process that everyone can use for free.” - Richard Ettl, CEO
“Well-established processes often generate inefficiencies that we simply accept. And of course everyone knows change is painful. But at Smart Containers, we see things differently. Change is the only way to improve. We think that every process should not only be optimized but redefined and redesigned. Logistics today is highly centralized. It’s incredibly inefficient. So many wasted kilometers to huge warehouses.” Nico Ros, CTO
 
There will be more than one blockchain at play with this system as well. The info that people deserve to know will be available on a public blockchain like Ethereum, the weight, material safety data sheets, the storage conditions (which as said up above, 8.5% of pharma shipments have issues with, and Smart Containers brings that down to below 0.1%), as well as at the same time, the info that shouldn’t be public to everyone (Bills, invoices, etc) would be stored on a blockchain like Fabric or HyperLedger. LOGI will be the fuel for the LOGI Chain.
CMO Carla elaborating on LogiChain:
The LOGI project finds good echoes with logistics players but even more with blockchain infrastructures like NEM, EOS and NEO.
Emirates for once was enthusiastic about the project and definitely wants to join the foundation. As you know, the government of Dubai is focussing on applying blockchain asap to multiple industries.
We are also in exchange with ShipChain, who are running a similar project in the US. Our goal is to collaborate with a maximum of projects around the world.
The LOGI Chain Foundation will be set up in July, right at the end of the ICO. Dr. Fabian Schär, our valued Advisor, will be in charge of defining how the LOGI Chain Foundation will develop in the next 2-3 years. We think that we will be able to put out a PoC based on SkyCell until the end of the year.
We have not yet decided on which blockchain platform to build the LOGI CHAIN. We are highly delighted with NEM since they are already operative and offer a private and public blockchain on the same protocol.
 
One Chain to Connect them all - LOGI CHAIN
One platform to get all players up to speed, to handle all documents and permissions in one place. No more floods of emails. No more polluting the environment with senseless printing of documents. No more compatibility problems and clashes of individualized systems.
To show you how vast the amount of documents (and by this emails circulated) find a list of common documents needed for one air freight shipment below:
Documents of origin, Material safety sheet, Airway bill, Bill of lading, Transport order, Customs declaration documents & bills, Invoices, Product data sheet, Storage conditions, Transport conditions, Multiple service provider billings, Licenses, etc.
This adds up to the gigantic number of about 200 manually processed emails per shipment.
A combination of public and permission based chains will allow for all players in the ecosystem to store documents needed in the logistics processes. We are looking at multiple platforms to build the LOGI CHAIN on top including NEM, Fabric, Corda, EOS and NEO.
 

Team

I’ll be using bits and pieces taken from their white paper and LinkedIn pages.
The Smart Containers team includes over 80 people, and is growing every year.
Richard Ettl - Co-Founder, CEO - LinkedIn
Richard wanted to know how things worked since he was a child. He has a passion for engineering and management. Growing up in Vienna, Austria and studying in Stanford USA and the University of Fribourg, Switzerland, he started his career at Bobst Group, a leading producer of packaging machines worldwide. In 2009, he decided to launch his own business together with his university friend Nico. After wide reaching scientific research and various proof of concepts, they founded today’s Smart Containers Group as well as SkyCell in 2012. Since then he has lead the companies to commercial success, seamlessly finding the right partners and investors at crucial points, as well as convincing more and more clients of the unrivaled benefits of the SkyCell offer
 
Nico Ros - Co-Founder, CTO - LinkedIn
Nico Ros, Chief Technology Officer & Co-Founder Nico is the mastermind behind Smart Containers Group and its technology. Growing up in Basel, Switzerland, he discovered his passion for mathematics very early on and therefore came to study mathematics, physics and engineering. Being a natural talent, he had already won prestigious architectural prizes during his studies and quickly became managing partner at ZPF an engineering company in Basel. He has constructed the most expensive buildings in Switzerland in collaboration with the famous architects Herzog & DeMeuron. Nico’s key strength lies not only in his state of the art engineering know how but also in his efficient management of teams, leading highly complex, multimillion projects to success. However, engineering alone did not suffice Nico. Having a passion for business and management, he decided to complete additional studies at the University of Fribourg, meeting Richard along the way. Everyone who meets Nico rapidly becomes aware of his sharp mind and his passion to invent new technologies. It is therefore not surprising, that both him and Richard ended up together where they are today.
 
Andreas Ernst - CFO - LinkedIn
Andreas is the true logistic finance expert in the company. He spent all his career in various finance roles of logistic service providers: from Swissair (today Swiss International Airlines), to Swissport (biggest ground service provider for airlines) where he filled the role as regional CFO for the Middle East and Africa. His last role before joining Smart Containers Group was CFO of Unitpool (now called Unilode), which is the largest independent air-freight container pooling company in the world.
 
Thomas Taroni - Head of IT - LinkedIn
Thomas is an IT-architecture mastermind. His first claim to fame is the creation of the largest media database, shared by all media houses in Switzerland: more than two million articles are uploaded every year, then queried and shared seamlessly and efficiently among multiple news companies. He founded his own IT company to design IT architectures focusing on process automation (eliminating paper and endless emails), and as a result won other clients (large banks, pharma companies and even publicly tendered government contracts). SkyCell became his client, when they needed a bespoke asset management system to track and trace their containers around the world. He joined SkyCell four years ago and since his tenure, has become the head of IT for all companies of Smart Containers Group.
 
Carla Bünger - CMO & Business Development Manager - LinkedIn
Carla is a marketing and sales expert. Building strong brands on solid foundations and convincing clients to buy its underlying products gives her huge satisfaction. She collected her experience through managing various international consumer brands, for companies such as Nestlé, Lindt and Coty. However, she discovered her passion for Blockchain technology roughly 18 months ago and has since been actively participating in the com - munity of Crypto Valley in Switzerland. The sheer endless application possibilities make her strive for more and she is drawing energy and enthusiasm from developing new business schemes around the subject. Her “can do” attitude helped to put together the high level advisory team around our ICO.
 

Advisors

Strategic advisor: Oliver Bussmann, is CEO and Founder of Bussmann Advisory, former CIO of UBS and SAP as well as the President of the Crypto Valley Association. “our main advisor” - Richard
Strategic advisor: Marc Bettinger, Altcoin and Blockchain specialist and investor, Co-Host Altcoin Meetup Switzerland (Bitcoin Association Switzerland)
Strategic Advisor: Fabian Schär is Managing Director of the Center for Innovative Finance at the University of Basel. His research focus is on the potential and applications of blockchain. In addition, he works as a lecturer in blockchain technology at the University of Basel, the University of Applied Sciences in Business Administration Zurich (HWZ) and the University of Applied Sciences Northwestern Switzerland (FHNW).
 
Technology Partner: Lykke Corp. our highly trustworthy expert in smart contract programming and ICO execution. (Lykke also audited their ICO smartcontract)
Legal Advisor: Gabriela Hauser-Spuehler was part of the team of MME, the well-known law firm in the crypto space.
Communication Advisor: David Wachsman and Emma Walker from Wachsman PR, the crypto community’s most experienced PR agency.
Richard also states they hired a lawyer that worked on the Ethereum ICO, but I don’t know if it’s Gabriela up there or another person.

Tokens

Min. investment = $500 USD for ICO, $5000 for presale (largest portion of supply), $250k for private sale.
There are two tokens as mentioned before: SMARC and LOGI. I’m more into SMARC because it’s safe (safe once the payouts start of course, as soon as a coin has a clear value like this, BTC moving up or down doesn’t matter to you), as well as obviously very attractive if you think of the long term profits.
 
Every year, the company’s annual shareholder meeting takes place, during which the shareholders will agree (or negotiate) on a proposal by the Smart Containers’ board about how much of the company profits is to be paid to the shareholders that year. 20% of that amount is taken, converted to ETH, and fairly distributed to the token holders.
Since the cofounders and all token holders will have aligned interests and incentives, we are all in a positive-sum-game. We do not want to use the ICO as a speculative springboard, but as way of funding innovation and change the world. Both Richard and Nico are committed for the long-term and not interested in a quick exit. Our aim is to use the collected funds to continue pushing the following business areas:
• Continue scaling of SkyCell in both B2B and B2C
• Establish FoodGuardians - the main goal if the ICO is to build and scale FoodGuardians
• Establish the of LOGI CHAIN Foundation
• Regularly evaluate organic scaling vs. M&A
• Evaluate IPO at relevant time
We are raising funds through an ICO to grow our container businesses in pharma and food. We push SkyCell from no. 4 to the no. 1 provider in the next 2-3 years.
 
The CEO in this video explains pretty easily why one would want to put money into this ICO over others:
“Why invest? [referring to SMARC] Simple question. It’s an up and coming company with revenue, multiple millions a year, most ICO’s have white papers…[we have much more than that].”
That's pretty clear. You can invest in random Xcoin ICO where they have some half-baked token that might see some level of adoption if it isn't just a cash grab, or you could invest in an actual multimillion-dollar company and be a part of it as it scales into what could potentially be a multibillion dollar entity.
 

The following is taken from the ICO, Legal, and Company FAQ

How will the profit share payouts work? 20% of dividends will be paid in ETH to all holders of SMARC tokens that are in circulation at the time of the payout. A given business year ends on 31st December each year with a general assembly held annually around mid-February. Therefore, dividend payout is expected around mid-March each year. In the event of a total sale of Smart Containers or the exit of one of its lines of business, the holders of SMARC tokens will receive a 20% participation of proceeds
 
Is there a future profit statement? No listed company can make an estimation or a commitment to a future return. To do so would neither be professional nor ethical. For Smart Containers, as with any company, profits may often depend upon a number of external factors, such as the general trust in blockchain technology. The question to be assessed is how fast a new disruptive technology can replace an old system. We believe that Smart Containers Group is well-positioned to facilitate this disruption, with a strong plan going forward and experienced team working to successfully implement blockchain technology in the supply chain. 5 years of industry experience, the 4th largest container fleet and a motivated team; that’s more than any idea whitepaper ICO.
 
What specific rights come with my investment? The SMARC token is a profit share token. When the company generates profits and the company’s general assembly approves a dividend payout, 20% of the defined funds attributed to dividends will be distributed proportionally to holders of SMARC tokens in circulation. In contrast, the LOGI token is a utility token that can be used to pay for transactions on the LOGI CHAIN, an open-source logistics platform for all stakeholders in the logistics field with the goal to create a seamless, fully integrated, digital logistics process.
 
Smart Containers will pay out a dividend to SMARC token holders. This would imply that the SMARC token is a security token. Are you compliant with financial regulation? Smart Containers tokens is not classified as a security in Switzerland under current law. This may be different in other jurisdictions such as the USA. Hence the SMARC token is not eligible for sale in certain jurisdictions. Our benchmark is the Modum token sale from June 2017. We have elected to use the same legal structure as it was accepted by regulators in Switzerland and well received by the ICO community and exchanges.
 
What is the vesting schedule for team and advisors tokens? Everyone will receive SMARC and LOGI tokens at the same time. Minting will occur at the end of the token sale. Advisors will have lock up periods depending on how many tokens they receive. Team members have a lock up period of 12 months.
 
Are SkyCell containers an approved ULD according to IATA regulations? SkyCell containers are exempt from the ULD rules by IATA. This has the huge advantage that, compared to our competitors, the SkyCell container can not only fly but can also leave the airport. Skycell containers are therefore a door-to-door solution. Our competitors’ containers, on the other hand, have to be unloaded at the airport and packed into a new transport unit in order to continue their journey from the airport to the final destination, increasing the risk of temperature excursion, and loss.
 
Are there financial statements? If so, are they audited, and by whom? Yes, there are financial statements for all our companies. They are audited by PricewaterhouseCoopers (PwC). To preserve our competitive advantage in the market, we have decided not to publish our financial figures online at this moment in time.
 
Are Modum and Smart Containers competitors? Modum and Smart Containers are not competitors, more future partners. Modum rents/sells sensors to track and trace shipments on temperature, whereas Smart Containers rents/sells the containers, in which products including sensors are put inside. Of course our containers have sensors that record data for quality control, but Smart Containers does not sell these data sets. In the end Modum and Smart Containers will address to the same clients - Smart Containers provides the container and Modum will put a sensor in it.
 
How many airlines fly SkyCell containers? In addition to our major partners, Emirates and CargoLux, more than 30 airlines fly SkyCell containers.
 
What destinations does SkyCell serve? SkyCell is a global company. We are shipping containers around the world and reach each pharma client within 24-48 hours. This is accomplished through our airline partners, that can fly ready-to-use containers to more than 150 airports.
 

Profit Sharing Mechanism

During the annual shareholder meeting, the shareholders in the form of the general assembly (Annual General Assembly) decide on a proposal by Smart Containers’ board regarding the usage of profit as recognized in the annual financial statements of Smart Containers in the form of distribution of dividends. Distribution of a dividend on shares shall be announced in the “Tokenholder Information” section of the Smart Containers website; such announcement shall include the date and time of the dividend payment and the dividend amount per ordinary share in USD as well as the ETH/USD exchange rate which shall become applicable, as derived from publicly available and reliable quotes. Within 20 business days of the date of the resolution passed by the Annual General Assembly regarding dividend payments to the shareholders of Smart Containers, Smart Containers will make available a Profit Share Amount to each authenticated Tokenholder equal to 20% (twenty percent) of all dividends agreed to being distributed per share to the shareholders, divided by the total number of issued SMARC Tokens (To further explain for clarity, all Tokenholders combined will receive an amount equal to 20% of the amount received by all shareholders combined.). SMARC Tokenholders shall receive these payments in ETH, at an average exchange rate specified by Smart Containers.
 

FoodGuardians

“Imagine your tomatoes tasting 1 day ‘fresher”.
One of the main reasons for the SMARC/LOGI ICO is to raise the funds to fuel the growth of FoodGuardians alongside SkyCell.
According to their CEO, SkyCell is constantly asked “can your containers be used for food?”, but there are several issues with shipping food and medicine together. This is where FoodGuardians comes in.
FoodGuardians offers the next generation of reusable containers and boxes to transport regionally and globally temperature sensitive food products.The combination of patented cooling technology, cutting edge insulation and Blockchain infrastructure allows to redefine the product’s freshness and traceability.
Our vision is to allow your local butcher to order your favorite steak directly from the producing farm and sending it straight to your grill party. (All without the buyer even leaving his home, let alone going to store)
 
Advantages of using FoodGuardians
 
Each FoodGuardians container can be tracked around the world on:
 
The phrase “Imagine your tomatoes tasting 1 day ‘fresher” has been used by the CEO a couple times, and is more or less the FoodGuardian slogan. This is referring to the fact that not only can FoodGuardian and SkyCell containers save cost, CO2, and man/brainpower, but they can also make shipments faster when combined with the blockchain (LOGI Chain) and Smart Contracts. when everything is accounted for at every second with almost as little room for human error as possible, things are far more efficient.
We are launching our first food application – we will announce a collaboration before June for a solution that can be used to ship overnight online fresh food to people homes and can be used to supply hospitals and restaurants as well.
FoodGuardians and SkyCell are two of the many possible use-cases for SmartContainers' tech:
"Other use cases. Yes indeed. We are just getting started!! However, it makes sense to focus on scaling SkyCell and FoodGuardians before starting something new. In the end we are a tech company. We have defined 7 use cases around the insulation technology. We have started with the most relevant 2 but will certainly continue."
 

SkyCellONE

SkyCell is looking to bring a business-to-consumer solution to market, that was developed and tested with one of the top 20 pharma companies in the world. The direct to patient market is estimated to increase to a 2.5 billion USD market in the future, with no other competition yet aside from styrofoam containers that are disposed of after one use. The SkyCell ONE can also be co-branded by a partner, such as a pharmacy chain that could rent it out for home delivery, business trips or even holidays.
The product is temperature stable for up to 72 hours, can be recharged passively in a fridge, or temp-controlled warehouse or truck. Currently it’s best in class for size and weight, but that’s probably down to there being no competition! Trials have been undergoing since June 2017 with an orphan drug product, and go live is expected in Q2 2018. - Cryptowithoutborders article
The SkyCell ONE container is showcased HERE
THIS could be a massive money maker. There is currently no direct pharma-2-consumer shipping service, because it really wasn’t profitable, or manageable on a central database. They can even sell this product to other supply chain entities to use. The direct to patient market is estimated to increase to a 2.5 billion USD market in the future, with no other competition yet, aside from styrofoam containers that get disposed of after a single
Q&A: Smart Containers’ Richard Ettl on Blockchain, Pharma, and how His Company’s Hardware and Software is Disrupting the Logistics Industry - Nexchange.com
We are launching also additional sizes – so we are launching a very small box to ship pharma directly to patients' homes. Amazon just recently announced that they will postpone entering the pharma distribution space, as they do not have the technology to ship to patients homes in a temperature controlled manner. We are bringing this to market later this year. This will increase the convenience of patients and reduce the costs in the healthcare system.
 

Organs

I just finished listening to this podcast (20 minutes long, but you can skip the intro stuff to make it shorter of course). I’m now twice as excited as I was before. I’m going to type out a large chunk of the podcast. I’ll be paraphrasing slightly, so I don’t have to type every “uhh” or anything, plus he sometimes starts one sentence before finishing another.
“We have some prototypes, that we built, for example, for the Children’s Hospital here in Zurich, where we’ve designed a container that can transport living skin.” [Interviewer; “Wow.”] “So for young children that suffer skin diseases that could be almost fatal, like cancer, they grow this… patch of skin, and then that skin needs to be transported, and kept at body temperature so… roughly 37 degrees Celsius. There we designed them a box that did this for 10 days, autonomously.” [“That’s amazing…”] “Yeah, we did this because we wanted to learn how to interact and work with hospitals, this is a highly specialized application, and the next step could be organ logistics, because most of the organs today are transported on ice, because that’s the standard set in the 70’s, but studies have shown that if your transport certain tissue at room temperature, it is significantly better for the tissue than if you transport it on ice.”
I can guarantee you every major hospital on earth is going to want their hands on this container that can allow them to transport both living skin, and potentially organs in the future. The fact that in this day and age we’re still throwing people’s kidneys/lungs/etc in a bucket of ice is a little weird.
From the recent AMA:
Our Container BT5: The name stands for Body Temperature 5 L content. It transports skin grafts that was cultured for children with burn accidends. The temperature range is 37°c. Nico (our CTO) was so taken by this project, that he developped this container only for this purpose for a company calles Cutiss (a start-up from Zurich). We currently only have around 10 of these containers in use. It is not produced in on a large scale. We could market it, but have bigger opportunities to tackle first with the SkyCell one. You can only focus on 1-2 projects at a time. The BT5 is a beautiful project, but will need manpower to scale production and then manpower to market it.
 

Competition

Envirotainer, The leading company in this field, has only a matter of time before they’re overtaken. SmartContainer Group’s containers are proven to be superior (5x as efficient, 35% lighter, self-charging, etc, etc, read up above for the whole deal). According to the Googles, Envirotainer’s best year (2015) saw a profit of $50,000,000. It’s logical to assume that Smartcontainers will surpass them as the top dog, and at the same time be pulling in much more profit over time by serving both pharma, and the food industry (Envirotainer only does pharma). By accepting cryptocurrency payments, saving them a fair bit in fees from cross border payments, they’ll also net a small % more in profits annually.
I asked about the state of their competition. Turns out, Envirotainer (or more specifically the private equity firm that owns them) offered SmartContainers a buy out of $125m. This was one of countless offers they've turned down, because they believe they can scale the company to much further value. The firm selling Envirotainer has been trying to find a buying for the past 3 years, at $1b. No one will buy them, because anyone who knows their shit in that industry knows SmartContainers will overtake them in no time.
From April's AMA:
Our 2 biggest competitors are for sale. Envirotainer (biggest player) is owned by a Private Equity company that wants to sell it for 1 b USD. it already tries to sell for 3 years. SkyCell is considered a threat to the valuation of Envirotainer, since we are winning one client after the other from them. While Envirotainer is the largest player with a huge sales force and well established client contacts, they are still operating on an "old" technology. SkyCell is technology leader, has lighter containers, reduces CO2 emissions and is considered to be the future.
2 days ago, a private equity company requested a meeting to see the valuation of SkyCell and evaluate to buy. We have already been approached several times. We are treated as the bride in the market. However, Richard and Nico think we can scale the business much more before we should consider to sell. We are just getting started.
We have won 3 large accounts in Q1. Today we have 1200 containers. By the end of the year, it will be 2000. Our business plan estimates that SkyCell will be profitable in 2019. Therefore you can expect first dividends in Q1 2020.
 

Official Projections

Another redditor asked for "optimistic expectations for potential profits" during their ama, here was their answer:
How does a profit of 21 m USD on Smart Containers total in 2020 sound? This figure will then quadruple in 2021 to 76 m USD.
As you can see, this would mean that by 2021 tokenholders would not even have broken even yet. I myself am fine with this, i'm expecting to hold SMARC until the end (be it I die or the company sells, in which case i'll enjoy that fat exit payout). The potential gains from 2020-2030 are far more worth it to me than trying to make it in one year with heavy risk.
So why invest in this over a random shitcoin that might moon? If you're here to turn $1000 into $1m and get out by the end of the year, good luck, don't invest in smarc. If you're realistic and are aware that crypto will only be so volatile for so long, go ahead and think about putting a bit of your portfolio in something that will have actual value, lasting long after the shitcoins die. Crypto market could crash at any time, but that doesn't mean that SmartContainers as a company goes anywhere, nor their profits. I don't think I need to explain any further.

So…

A 5 year old company, with over 100,000 collective hours of R&D put into their products, with currently just under 100 innovative patents, that is already the 4th largest of it’s kind in the world, with the top product in their field on earth, is doing an ICO that is fully backed by the Swiss government, with a token that is due 20% of all future shareholder payouts, as well as 20% of any potential exit profits (the company being purchased). They’re already this big, and you can benefit from both their success, and their expansion into new markets.
There’s nothing stopping SmartContainers Group/SkyCell/FoodGuardians from working with VeChain in the future either. Or Walton, or Wabi, Devery, OriginTrail, Ambrosus, all of em.
 

Links4U:

SmartContainers
https://smartcontainers.ch/
https://foodguardians.ch
https://skycell.ch/
Whitepaper
FAQ
Terms of Token Sale
CryptoWithBorders Article
Medium post reviewing SmartContainers
Interview with Richard Ettl, Co-Founder & CEO of Smart Containers on SMARC Token Sale | TechBullion
Interview with Richard Ettl - CryptoRich - Richard talks about some of their patents in this video, I think about 20 minutes in. Whole thing was worth watching imo
Podcast on how Blockchain + Smart Contracts will change how we ship things globally - 20 minutes, I REALLY recommend you listen through it, but do skip the intro if you want.
CEO Richard Ettl speaking at Crypto Finance Conference in St.Moritz - about 14 minutes, also highly recommend you watch this as well.
SkyCell Video
Strategic Advisor Oliver Bussman (President of the Crypto Valley Association, Former CIO of UBS and SAP), on SmartContainers
Marc Bettinger on why he took an advisory role with SmartContainers - (many may know him as "altcoindad")
Michael Guzik - Former 'Head of Blockchain' at PWC, current Head of ICO advisory at Lykke - why he's involved with the Smarc/Logi ICO
AMA with Carla Bünger - CMO & Business Development Manager of SmartContainers
AMA with Thomas Taroni - Head of IT of Smart Containers
Q&A w/ Richard Ettl - Nexchange
 
Should you invest in this? I sure am, and am very glad to even be offered the opportunity, but it’s up to you. Read through this post if you haven't yet, then click these links and decide for yourself. Don't go all in of course, since this is a profit share token, there is much less risk, therefore less short term reward. The long term reward is what we're looking at here, don't buy into the ICO and then complain that you aren't getting 1000% ROI payouts by year one.
submitted by nineonetwoonethrow to CryptoCurrency [link] [comments]

[Table] IAmA guy who accidentally started a candle making business while high. AMA.

Verified? (This bot cannot verify AMAs just yet)
Date: 2013-06-20
Link to submission (No self-text)
Questions Answers
What was your initial goal when you accidentally made this candle business? Ie. A candle business seems hard to accidentally start :) My goal was to make candles for myself. I've always enjoyed burning candles, but was frustrated by the burn-quality and lack of scent given off by brand name candles. I ordered supplies to make 2 dozen lilac candles, forgot that I had done that, and 3 days later, boxes were on my doorstep. I asked my friends and family on Facebook if they wanted to try one. People liked the candles so much, they started requesting different scents. I now have about 40 scents to choose from.
Weird. When I was high I just ate a lot BBQ fritos and marathoned the shit out of the Simpsons. What scent is best for the summer?... In my bathroom. Grapefruit & Mangosteen. Clean, citrus-y, and refreshing.
How much money have you made so far? Do you sell them on the internet or locally? More importantly, can they get the smell of weed out of my room? I haven't made enough money to live off of, yet, but if I keep doing what I'm doing, I should get there in a few years. I sell them both locally, and on the internet. If you're in southern Wisconsin, I can direct you to some stores that sell them. Otherwise, this is my website. YES, they will definitely get the smell of weed out of your room.
Where is southern Wisconsin can you buy them? In Waterloo, you can get them at Piggly Wiggly, Deppe's Awards Plus, or the Antiques Mall. In Lake Mills, you can get them at the Water House Cafe. In Watertown, you can get them at Calico Cottage. (It's a wine store) And Sentry in Fort Atkinson.
Anywhere in Madison? Not at the moment.
Is there anything significant about the candles, or...? They are made with 100% soy wax. It burns cooler and longer than paraffin wax, and unlike paraffin wax, soy wax is renewable and not a byproduct of petroleum refinement. I also scent them heavily, which is, apparently, what people want in a scented candle or wax melt.
Proof? How would you like me to prove that?
For starters, a link to the company website. I'm Mack. I built this website myself, too. It's not the coolest, but pretty decent for not knowing anything about website building.
Here's a pick of some of my candle making stuff.
I would recommend changing the page to say "Hi reddit" at the top, so we know you have editing power. Check it again.
Pretty neat! How long do the tea lights last? And how long for shipping? (In AZ) They'll burn for roughly 5-7 hours. Shipping to AZ will take 2 days, I think.
Are you high now while doing this AMA? (Or were you 6 hours ago when it started?) Sober at the start... I plead the 5th, now.
How did you approach local stores to sell your product? I walk into stores with a couple candles in hand, and just start talking about my products to the management. I got lucky to start with, as my local grocery store is owned by the parents of a girl I went to high school with. That was a great foot in the door. Plus, through word of mouth, stores would contact me about selling my stuff. It's been a nice learning experience, for sure.
How do you market your product on the internet (besides reddit)? As for marketing, I've been interviewed by 3 local newspapers about my little business, and that certainly helped get the word out, as well.
It looks like you're using wooCommerce for your eCommerce stuff, how was the setup? And using woocommerce seemed fairly easy. I've never built a website, before, so I don't know what's good or bad, or easy or difficult. I wish I could be more helpful with that answer.
My Idiot Brother reference? Serenity by Jan.
What is the sexiest thing you've done with a candle? 14 hour sex marathon that involved a couple strawberry scented candles. That's all the details you're gonna get on that. :)
No of course not. Better question would be what were your intentions when you made these candles? I've always enjoyed burning candles, but after throwing tons of money away on candles that don't burn evenly, or put out a lot of scent, I decided to make my own. I love science, and chemistry, so this turned out to be right up my alley. I've put my candles up against Yankee candles, and mine burn slower, give off much more scent, are made with soy wax, and are way less expensive. Plus, I hand-make every single candle, myself, in my kitchen, with love. Sold almost 3000, in less than 2 years by offering a high quality product.
I've put my candles up against Yankee candles, and mine burn slower, give off much more scent, are made with soy wax, and are way less expensive. That nearly sold me. Then I saw you had a pear candle. Guess I'll have to try it out now! I just received an order for a Brandied Pear candle and 2 tea lights... Thank you! I truly appreciate your business. I'll toss in another candle of your choice, for the hell of it. (If you are, in fact, the person who just ordered...)
Awesome! do you ship to Canada? I can. Shipping internationally is a little expensive, but if you are interested, I'll split the cost of shipping, with you.
How would you ship it? (Ideally UPS since I live near the UPS store), and what would it cost to ship to Montreal, Quebec? If it's not too much, I'll order one or two tonight. Send me a PM to set this up if you'd prefer. I'll look into all options, and get back to you. Thanks!
UPS's cheapest option from Wisconsin to Montreal is $25. I'm gonna keep looking for something cheaper.
Lets just say I bought a couple of jar candles, just how expensive would shipping be? I live in Alberta. I also noticed your order form only has US listed for shipping. Another Canadian asked me about shipping to Montreal, and with UPS, it would be $25. I have the US as the only option, because international shipping is very expensive. I'm going to price other places, and hopefully I can find something much cheaper than that. I'll keep you informed.
What's the best way to pass a urine drug screen? Abstain from drug use, obviously.
What Scents would you suggest for hiding unwanted(weed) smell? Nag Champa, Midnight Lake, Caribbean Teakwood, or Hazelnut Coffee are some of the "heavier" scents that are good at masking unwanted odors.
Okay what the hell is cherry crumb pie? it sounds amazing. I just ordered a giant one of it and then some tealights. It smells like cherries. :) People really like it. I hope you do, too!
RL friend, I can verify he did. Picking some up later this afternoon...
Haha, what? That's my question. What? Exactly!
No bacon scented candle? I can get that scent if you want it. People ask about it often, but nobody has shown serious interest.
Are there cookie scents? I might be interested... I can get cookie scents... What were you looking for? I'll order any kind of scent for you if you're a serious buyer.
I'm not sure if I'll buy, but I love the smell of freshly baked cookies. How much are they and what is the shipping? Or does the shipping vary? 8oz jar candle is $10, 12oz tin is $12. Shipping is $8 via usps.
What is your biggest regret? Not doing this sooner. I've learned a lot about running a business, building a website, selling my products to stores... It's been an all around great experience, and I wish I would have applied myself at an earlier age.
What is your least favorite common candle scent? Anything coffee related. Some people ONLY order the coffee scents from me. I think they're crazy...I can't stand the smell of them.
So, this has not been asked yet, how did you get into selling the candles. I mean what idea drove you to do this while being high? I was staring at a Glade candle for a while, and I realized it wasn't burning evenly, and I couldn't smell it. That inspired me to make my own. Then, people that I gave some away to, started buying them from me. It's been snowballing from there ever since.
How much product have you sold since you posted this AMA?? A few dozen candles, so far. It's been a great experience.
If offered, would you take your business on a show like Shark Tank and expand nationally? Or are you satisfied with a more low-key business model? I would be interested, but I know I would never get an offer...there's nothing proprietary about my products, and the market is already packed with competition. My appearance would merely be about exposure. The more charming and charismatic I was, the more viewers would want to buy my stuff. I could make a pretty penny off of that kind of exposure.
I am gonna order a couple for my dorm. Any suggestions?? Depends on what you like... Light and clean? Fruity? A heavier, manly scent? Flowery? My favorites are Strawberry, Oakmoss & Amber, and Grapefruit and Mangosteen.
I've never heard of soy-candles before. Is that a large part of the candle market? Maybe that's something you should emphasize in your advertising... It's a growing part of the market. I think paraffin is still the main wax used by big companies because it won't spoil. Soy, on the other hand, will.
The benefits of soy are numerous. Paraffin wax comes from crude oil, so it's not renewable; soy is. Soy burns cleaner, with none of the carcinogens of paraffin wax. Soy wax, obviously, comes from soybeans. Buying soy candles supports American farmers. Soy burns slower and cooler than paraffin wax. I could go on... ok, I will. Soy is nontoxic and biodegradable; paraffin isn't.
Try one sometime - even if it's not one of mine.
Also on a side note can I also get a free candle, because I was gonna order 2 or 3. Edit: Well I just ordered, thanks for the advice I followed your suggestions. Absolutely. Everyone that orders as a result of this AMA will receive some free stuff. Tell your friends...
I'll have to check in closer to Christmas- my mom loves candles. :) I usually have a sale leading up to Christmas. I announce sales on the Facebook page. "Like" it, and stay informed. I'll keep you...posted...
NP man I love supporting independent businesses. And I told a large number of people. I live in cali most of the year and we smoke a lot so we always have candles burning. Depending on the quality you'll probably make at least a couple new customers. I'll do my best to not disappoint.
If you had to honestly rate your candles what would you rate them out of 10? And how did you accidentally make a candle business when you're high? I'm interested. I would rate my products at an 8. They burn evenly, emit a lot of scent, are reasonably priced, and are made with top-quality soy wax and true to life scent oils. But, it doesn't matter what I think of them. The only thing that matters is what you rate them.
Not sure if you'll respond since you put this up several hours ago but here goes. I am willing to give your product a try to see if it is in fact superior to the Yankee tarts that I am currently using but I had a couple of questions first. I'll keep responding to questions as long as people are asking them!
The wax melts I'm guessing are the same thing as tarts. I noticed they are $8, is that $8 for one of these things or do they come in 6 packs like on the picture? Wax melts are the same as tarts. For $8 you get one pack, which is 6oz. Sentsy, for example, sells theirs in a 3.2oz pack for 5 or 6 bucks. Mine are a better deal, and I've been told they last longer, too.
I can usually get about 2 tealight's worth of scent out of a Yankee, although the second tealight's worth is definitely not as strong as the first. For the wax melts, how many tea lights on average do you get out of one before having to toss it and start with a new one? I don't understand your second question. Sorry.
Do you sell unscented warming tealights? I have that kind of melter, I don't trust the plugin ones because all of the outlets are near the floor and I have cats, I can just envision one of them knocking into it and starting a fire or something ;). I can certainly make unscented tealights for you.
I like outdoorsy (wood and leather and such), weather based (rain and such), and some fruit scents, which of your products do you recommend in these types of categories? And my scent recommendations would be Oakmoss & Amber, Ocean Mist, and Grapefruit & Mangosteen.
Would you consider marketing your candles as scentsy does? I've wondered abut their MLM "plan", but then I saw that they made Inc's top 500 Link to en.wikipedia.org. I've got a ways to go before I aggressively market my products. Word of mouth has been giving me a growth rate that I can keep up with. The last thing I want to do is bite off more than I can chew.
Have you considered adding rings to your candles? Some of the rings can be $1 and some can be $5,000. This will make your business boom! (tongue in cheek :O) Given the circumstances that lead to me becoming a candle maker, people have suggested I put joints in some of the candles.
Can I get a promo one? Haha. Come to Wisconsin to pick it up, and yes, I'll give you one to try.
No shit! I buy your candles! :) Your stuff is awesome. So what did you think/do when you finally realized what you'd done? Did you ever consider a candlemaking business beforehand? PS: Nice job on the website, is this new? I'm impulse buying the shit out of some candles. Small world! Do you buy them from a store in Wisconsin? I built the website in December, I think it was. I still haven't wrapped my head around all this. It's crazy that it's happening. I never once thought I'd make candles. Never. It just sorta happened...
I bought them from your Facebook, found it on Reddit awhile back, gave a bunch as Christmas presents. Any plans to put a suggestion box up on your website, or any way that we could suggest scents? I love White Gardenia, so I was going to suggest it. A suggestion box is a great idea. When I get some free time, I'll look into adding that to the website. Thanks for the advice, and thanks for buying my stuff!
How do you handle summer shipping? I may order a couple, but I live in Tennessee and we're in the upper 90's and I worry that they would melt. The melt point of the jar, tin, and tealight candles is low...about 120°f, so melting is a possibility. The jar candles lid seals tight, so even if they melt, it wont make a mess. The other two might get messy. The wax melts use a blend of soy wax that results in a little higher melt point. About 125°f. The pack seals pretty tightly, but would probably make a mess if melted. Jar candles are the safe bet. Hope that helps!
Do you recommend the Day at the Spa candle? It sounds amazing! I've never been to a spa before, but everyone tells me it smells like a spa. I think it smells great. It's very clean and uplifting.
I got so excited that I ordered before your reply haha. Good idea coming on Reddit and spreading the good word! I wish you lots of luck with your business. I'm excited for my candles! How long does it generally take to ship? Depends on where you are. Shouldn't be more than 3 days, though. I'm in Wisconsin, so being in the middle of the US helps.
You mentioned on your site that brand-name candles under perform. me being a person that only lights candles during blackouts, i have no idea what makes a good candle. so tell me, what makes a good candle? If it's a scented candle, it should be able to fill a room with scent, and no matter what, the candle should burn evenly all the way from start to finish. There should be no wax left on the sides of the container as it burns down. In my opinion, that's what makes a good candle.
Considering buying your Lavender candle and maybe some tea lights. How close is the Lavender smell to the real thing? Some candle companies botch Lavender candles and they're my favorite to buy. I don't know what real lavender smells like, but the people who have bought my lavender candle say it's pretty accurate. I get a lot of repeat buys on that scent, so I think it's good. I like it. It smells good, and not perfume-y or fake. Hope that helps!
As a beginner, what should I be melting my wax in? Use a double boiler system. Put a few inches of water in a large pot, and get an aluminium pitcher to melt the wax in. The aluminum pitcher sits in the pot of water. Wax is combustible, so the water in the pot prevents the wax from getting over 212°f.
Do you have any employees? None. It's just me doing everything. Plus, I work a full time job, too. It can get hectic, but it's worth it. I like knowing that I create something that people respect enough to continuously buy. That makes sacrificing sleep worth it.
I've put my candles up against Yankee candles, and mine burn slower, give off much more scent, are made with soy wax, and are way less expensive. My fiancee and I LOVE burning candles, but she has a hard-on for Yankee Candles. Since reading the above, come time to purchase more candles, I'm gonna flood your order queue. :D. What's your best recommendation for a Fall scent? Autumn Magic, Cranberry Marmalade, and Cracklin' Birch are popular fall scents. I look forward to seeing if my candles pull you away from Yankee. I'll do my best to not disappoint.
Did you ever think of expanding the buisness and maybe shipping to europe etc.? International shipping is very expensive. I live in Wisconsin, and the cheapest shipping I've found to Canada is $25. I imagine Europe would be a lot more. Hopefully someday...
What one would you recommend for a mom? My moms birthday is coming up soon. I have no idea what your mom likes. Maybe you can ask her what she likes, and then get back to me. If I don't have it, I can find it. Let me know!
You'll have no problem pulling me away from Yankee. Given your price-point and propensity for being liberal with the scent aspect of it, I'm sure I'll get her on board. If it's gonna be a while before you order, try to remember to leave a note on your order that mentions you seen me on Reddit. I'm giving free stuff to people that have ordered from seeing this AMA.
So you make your candles by yourself not like those companies that make them in factories etc. That's hardcore. Everything is handmade by me. In my kitchen. While I listen to Pantera.
DoobieRoller, are you going to make a Doobie scented candle. I've tried a couple different marijuana scented oils, but they don't smell like the real thing. I wont offer a scent if it doesn't smell as close to the real thing as possible. This is more of a fall scent, but my pumpkin pie candles smell exactly like the real thing. You can smell the spices, and crust...
Yea, cuz thats what people need, candles MAKING their room smell like weed I actually get a lot of requests for that scent. Some people just like the smell of weed, but maybe can't smoke it because of their job, or something...
I think this is so cool I've already picked out 3 candles I want. Will be purchasing as soon as I get paid! And I'll throw in something extra when you order! Just let me know that you saw me on Reddit.
Np! I would love to know more about the overall process, how long to make a candle and how do you know how much scent to put in. I also would like to know what you changed so the candles would burn evenly. The process is fairly simple, but you need to pay close attention to the temp of the wax. Soy wax is picky about bonding with other molecules...the temp of the wax when you add the scent is crucial to making a candle that will give off scent while burning. And you need to be gentle with the hot wax while you're stirring in the scent oil. To get the candles to burn evenly required a lot of trial and error on wick types and sizes. There's a lot of experimenting to be done in this line of work...and I love that. The time it takes to make them depends on the size of the batch. If I make just one candle, its about 30 min from starting to melt the wax, to pouring it into the container. Larger batches take more time, obviously.
Are there any stores in IN that sell them... If not I'll go online. I only am in stores in Wisconsin, so far.
So can your candles be used to smoke... Are you asking if you can smoke my candles? I don't know about all that, but if I didn't put scent oil or dye in them, you could eat them. They are made with 100% soy wax. I do not recommend eating a paraffin wax candle, though. You will get very sick. Now, think about the wax particles you breathe in while a candle is burning. Wouldn't you rather breathe something that is safe to eat, or something that is a toxic byproduct of petroleum refinement?
If you ever get on shark tank you might want to leave that whole being high part out. I'll think about it, but can't promise anything...
Too bad it isn't available to Europe. Or well, you probably could send it to Europe but the shipping cost will be probably too expensive. But I agree with your vision. I can barely smell the scented candles I occasionally buy. Keep going and hopefully you can make this your fulltime business. Thank you! Yeah, international shipping is way too expensive. Just going from Wisconsin to Canada is $25. Europe is probably much more.
Best candles I have tried in my 32yrs of existence! User name is a dead giveaway! Lol.
I am very late to this, don't have any questions but do have a suggestion. I noticed no one mentioned etsy, which is a great place for people like you, small homemade goods producer, to sell stuff. you should check it out if you have not. Www.etsy.com. I looked at etsy, and there are tons of people already selling candles on there. What would make people want to buy mine, when that site is already saturated with similar products? Maybe I don't understand what etsy is or how it works...
When you're running a webshop you usally need some legal notices. Else you might encounter some fines. I bet it's the same where ever you live. Care to elaborate on that?
Will / would you ever consider bitcoins as a payment for your products, all of us over at /Bitcoin would love to hear new businesses joining us! I've never heard of Bitcoin. I'll have to research what it is and get back to you.
No you didn't. Oh yes I did.
Last updated: 2013-06-24 18:37 UTC
This post was generated by a robot! Send all complaints to epsy.
submitted by tabledresser to tabled [link] [comments]

Miner des cryptos monnaies, est-ce rentable ?! (+Bitcoin ... MINER/GAGNER DES BITCOINS [GRATUITEMENT/FACILEMENT] AVEC GOOGLE CHROME CRYPTOTAB (CryptoBrowser)⛏ ACTUALITÉ : Est-ce le temps d'acheter du Bitcoin? Ma stratégie et mon analyse. Mini Ice Age Cancelled! Now back to regularly scheduled Geoengineering BILAN : J'AI VÉCU 30 JOURS AVEC DES BITCOINS - YouTube

Le minage c’est le procédé par lequel les transactions Bitcoin sont sécurisées. A cette fin les mineurs effectuent avec leur matériel informatique des calculs mathématiques pour le réseau Bitcoin. Comme récompense pour leurs services, ils collectent les bitcoins nouvellement créés ainsi que les frais des transactions qu’ils confirment. Elle est divisée par deux tous les […] Ainsi le bitcoin a été jusqu’à présent ultra dominant sur le marché des crypto-monnaies, mais on se rend compte peu à peu qu’il comporte, comme les autres devises, des dimensions négatives : outre les problèmes d’opacité, la validation des transactions prend du temps et la consommation énergétique considérable de ses serveurs est incompatible avec un objectif de transition ... Avec le temps, le processus de minage de Bitcoin demande de plus en plus de puissance de calcul. Aujourd’hui, il est très difficile pour des particuliers d’investir dans l’équipement nécessaire pour miner des bitcoins soi-même. Cependant, le minage dans le cloud permet aux utilisateurs de louer de la puissance de hachage pour miner des bitcoins à distance. En général, vous serez ... Le minage de Bitcoins est effectué par des puces ASIC avancées. Le matériel de minage de Bitcoin le plus connu est fabriqué par la société chinoise Bitmain. Ce fabricant sort de temps en temps de nouveaux équipements, avec lesquels vous pouvez exploiter des crypto-monnaies telles que le Bitcoin ou le Litecoin. Si vous avez déjà utilisé Bitcoin, vous avez pu remarquer qu’il existait un temps d’attente avant que votre transaction soit confirmée. Ce délai varie en général de 1 à 10 minutes ...

[index] [50244] [13055] [21220] [17975] [38329] [6962] [48121] [18834] [24141] [21751]

Miner des cryptos monnaies, est-ce rentable ?! (+Bitcoin ...

Dans cette vidéo vous allez comprendre les raisons pour lesquelles l'adoption du Bitcoin risque de fortement s’accélérer dans les temps à venir mais égalemen... Join RESOLUTIONS to support Autodisciple and receive a new exclusive video every Monday! http://autodisciple.com/resolutions (up to 4 or 5 vidéos a month)... Comment je bats 97% du marché des cryptos en moins de 5min par mois : 👉 http://rlbt.me/coaching Est-il rentable de miner les Crypto-monnaies en 2018 ? On me ... Dans cet épisode, nous vous expliquons ce que vous devriez savoir avant d’investir dans le BITCOIN. ️Lien Coinbase pour investir dans le BITCOIN ($10 offert... Yo les amis, Aujourd'hui, je vous montre une astuce pour gagner de l'argent sans rien faire grâce à une extension sur Google Chrome. ( https://cryptotabbrows...

#