SharedChain is a new patented 3D e-commerce and supply chain process system for connecting multiple providers of goods with consumers worldwide. SharedChain is the first Communication & Physical Fulfillment Platform in one with local public supply chain infrastructure and also a global system of interconnected “local market” networks, called a new Inter-Supply-Chain-Net (ISCN). SharedChain is a truly optimized supply chain platform and offers a much lower-cost supply chain to suppliers, much faster delivery for all orders, and the best price to customers.
SharedChain has already developed three kinds of e-marketplaces: Wholesale Marketplace, Retail Marketplace, and Local Retail & Service Marketplace, and is ready to launch.
The existing e-commerce platforms could handle mostly dry goods products only with profitable sizes & prices. The current B2C e-commerce market in the US alone: $365B in revenue (2019) – 10.3% of Total, and the current B2B e-commerce market: $889B in revenue – 13% of Total (2017).
On the other hand, SharedChain with high supply chain efficiency and applicability can handle almost all kinds, sizes, and prices of products. That is, SharedChain can easily create/develop many new profitable e-commerce businesses and have a much bigger market.
Problem or Opportunity
In the real supply chain process, currently, there is no fully optimized e-commerce and supply chain platform that allows for all orders to be delivered the same day (or next day at least) while simultaneously bringing benefits in terms of customer satisfaction and profitability.
Solution (product or service)
SharedChain has developed a fully optimized e-commerce and supply chain operating system for the first time: by dividing the market into multiple local markets, and by creating an Airbnb-type supply chain platform and eBay-type e-marketplace in each local market. Local public supply chain infrastructure with some basic functions could be easily constructed with the voluntary participation of many outsourcing local micro fulfillment service providers. This local market-based e-commerce and supply chain operating system (SharedChain) is applicable everywhere in the global markets.
Almost all existing supply chain, commerce, or logistics companies including our competitors such as Amazon, eBay, Wal-Mart, UPS, and FedEx have been developed on the basis of the existing slow and expensive individual fulfillment processes. On the other hand, SharedChain is the first 3D platform- or infrastructure-based supply chain process system and could make faster and more efficient bundled & shared fulfillments.
Advantages or differentiators
We believe SharedChain’s patented development of a revolutionary 3D supply chain network will provide our users with a sustainable cost advantage relative to the services available from any competitor. Moreover, there are some basic elements to develop an efficient 3-D supply chain process system like SharedChain. Without any one of them, it will be almost impossible to produce such 3D effects. We applied those elements for a patent, and it was successfully granted.
- Year 1: $776K, Year 2: $6M, Year 3: $40.7M, Year 4: $242.4M, and Year 5: $1.33B
- Positive Cash Flow: 14th month after product launch
- Market Capitalization (MC) at the end of Year 5: $6.65B (=$1.33B*5)
Basically transaction fees to sellers on each transaction: $6 average fee/transaction
Subscription fees, listing fees, and connection Fees will also be added.
Money will be spent on
- Further development of Software Cloud Platform
- “Go Live” strategy in several key major metropolitan cities nationwide
- Development of sales and operations teams
Offer for investor
Seeking $750,000 in seed funding with a SAFE agreement at 20% discount or $7M valuation cap
When the Internet as a 3D information process system was publicly available in the market, ordinary people couldn't understand its working process and easily ignored it in the beginning. Like the Internet, SharedChain is a new 3D supply chain process system that ordinary people cannot also easily understand its working process. However, we believe, once some people experience its benefits by using it, they will voluntarily introduce it to other peoples, just as they did for the Internet.
Incubation/Acceleration programs accomplishment
No participation at all.
Won the competition and other awards
CSCMP (Council of Supply Chain Management Professionals) has endorsed the concept of a [3D] supply chain process system, and a [3D] supply network ranked #1 out of the Top 10 Supply Network Trends by ES3 Research. SharedChain software system is now fully operational.