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Coolomat Market ICO: Company Review and CMK Token News Updates

Coolomat Market

Coolomat Market ICO (CMK Coin): Buy Groceries On Blockchain?

The grocery market is experiencing an unprecedented paradigm shift. With the grocery retail market experiencing an ongoing centralized crisis and change in customer preferences, there is a need for a secure e-commerce platform to make our groceries industry more practical.

Coolomat Market is one platform that is offering a similar solution to solve the problems of our existing grocery selling model. As we get to see the use of blockchain technology for grocery e-commerce retailing could make the difference in how we meet the grocery needs of suppliers and consumers.

What Is Coolomat Market?

Coolomat is a grocery marketplace that will utilize the power of blockchain technology to directly connecting grocery suppliers to consumers. The platform plans to create an e-commerce grocery sector with an innovative approach that will additionally use open-source technologies for unique purchasing and grocery delivery systems.

Coolomat Market Features

Buy Online Pickup In Store (BOPIS)

Customers can browse, shop and purchase groceries products online through the BOPIS platform at low costs and from multiple retailers.

Click And Collect Points

The delivery options for customers involves searching, buying and deciding on the checkout location point you would want. Each purchase will have the option of a click and collect a point.

Consumer Ratings And Reviews

Through Smart contracts, grocery customers can leave reviews of their purchasing experience regarding producers and retailers.

Mobile Wallet

Customers can make payment options through smartphone-based e-wallets through either credit card or cash payouts.

How Coolomat Market To Buy Groceries On The Blockchain Works

Coolomat Market will create a marketplace ecosystem comprising of consumers and suppliers. With their native Coolomat Market token (CMK) the platform will create an online grocery sales payments for the products purchased.

The consumer with grocery needs will access the marketplace, make a purchase and pay using the CMK coins in an open-source business model. Furthermore, the investments will work under smart contract review with the additional solution of the delivery option through various tools.

Coolomat Market Benefits

With online grocery markets on the rise, here's how Coolomat Market could prove beneficial to the industry:

  • Availability– Use of blockchain allows for seamless operations for the grocery platform enabling users to purchase what they need, whenever they need it
  • Convenience for the customers with the provision of the CMK mobile wallet for on the go grocery purchasing
  • Advanced packaging with Coolomat Market providing for refrigerated boxes for efficient grocery delivery
  • Lower logistics costs since using CMK tokens eliminates transaction fees and card payment charges

Coolomat Market CMK Token ICO Details

The token transaction will comprise of two sale phases with the official dates announcements set to come soon. The Main deal slates its date as the Q2 of 2018

  • Crowdsale-60%
  • Executive and project team-10%
  • Future partnerships-20%
  • Advisors-10%

Token Details

  • Token Symbol- CMK
  • Type- ERC-20 utility token
  • Accepts- BTC, ETH, RIPPLE, BCH, DASH, LTC, and Monero
  • Token price rate- 1 CMK= $0.10
  • Hard cap-$40 million
  • Soft cap- $1.5 million
  • Token supply- 708 million CMK
  • Pre-sale supply- 125 million CMK

Coolomat Market Conclusion

Coolomat Market are offering a unique initiative that challenges the typical notion of our existing grocery retail chain. Their blockchain-based platform for suppliers and shoppers could create a competitive global marketplace with the best quality groceries and ultimately provide a trustworthy grocery shopping experience at convenient prices.

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