CPChain (Cyber Physical Chain) is a blockchain network aimed at the Internet of Things (IoT) sector and currently ranked in 291th position on CoinMarketCap with a market cap of 27.5 million dollar.

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Team

The co-founders Dr. LONG and Dr. Zhao Bin have a lot of experience in the IoT research area. Especially Dr. Zhao, he has over 12 years research and development experience on communication, Internet of Things and FinTech. He holds three patents on IoT related inventions.

The total team consists at about 20 people with "more staff will join after spring fest" [Source]

Partnerships

When the project launched, the team published their angel investors on the website. This list was soon removed, and individual partnerships where announced in the news section. Currently these are HPB (High-Performance Blockchain), QTUM and Metaverse.

VeChain was also in the initial list, but hasn’t been mentioned in the news-section after the removal. The only mention has been in their AMA, stating: "[..] we are expecting more tech collaboration with projects, such as VeChain".

Another partnership is with SAIC Motor Corporation Limited (SAIC), a chinese state-owned automotive design and manufactoring company [Source]. It's a fortune global 100 company and one of the "Big Four" state-owned Chinese automakers.

Other partnerships include Torque Capital Investors and Rexford Ventures. Both groups of investors.

Roadmap

Currently CPChain is an ERC-20 token. Mainnet will launch in October 2018 and masternode collateral will be published in August. There will be a tiered masternode system. The second version of the platform will launch in Januari 2020.

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For more information, have a look at their Whitepaper and Website.

As always, This is not financial advice. Do your own research, and consult a financial advisor if needed.