TraXion

-
TraXion


Traxion is a project that aims to create, before ICO event, a platform for payments, wallets, personal financing and fundraising, filling the gap between the existing financial systems and emerging non-user-friendly technologies and working on IBM Blockchain based on Hyperledger Fabric from the Linux

Foundation https://www.hyperledger.org/. This is possible presenting a secure and simple way to use payments and banking architecture that aims to lower financial inclusion barriers and provide financial services to the banked and unbanked.

During the future developments, TraXion will add more functionality to its platform, like the use of smart contracts in fundraising platform, multi cryptocurrency wallet, white-label remittance portal and a peer-to-peer lending platform that every user will use for micro-financing solution or for simple lending based on TraXion KYC and CreditScore.



An Initial Coin Offer will finance the platform and will be structured like follows: Total Traxion Token 500,000,000; For Sale 250,000,000; Value of each token 1 TXN = 0.0005 ETH and Hard Cap of 100,000,000 USD. For early buyers, there is a discount of 40%. Whitelist is opened.

TraXion, a platform scalable, immutable and permissioned, on which is going to be possible create a smart contract, mount business and give free view of data. The team wants use last IBM Hyperledger Fabric technology to provide network integration, business and connectivity among people.

In poor words, working on TraXion platform, in example, a payment will be secure because integrating KYC of clients and host; furthermore, systematic payment will be cheaper with smart contract. TraXion wants always reach to all unbanked people and let them adopt this technology keeping their money safe on TraXion wallet, so working also like a feeless and trustless bank system and deleting any intermediates.



For its characteristics, TraXion is working to an agreement with MasterCard to develop a peer to peer (P2P) system payment based on more than 150.000 ATM in the world and transforming crypto wallets in inmediate spendable money.



On the other side, being a significant contributor of Hyperledger community, TraXion praises a partnership with IBM.

TOKEN DISTRIBUTION

The initial generation of Traxion is programmed by a smart contract running on Hyperledgers and will be distributed as follows:
• 50% of tokens (250,000,000 TXN) will be allocated to crowdsale ends;
• 20% of tokens (100,000,000 TXN) will be allocated to the team and will be locked by the smart contract for 12 months;
• 5% of tokens (25,000,000 TXN) will be allocated to the community to incentivize developers, partners, strategists, and other members of the community who wants to leverage Traxion network to build new products and partnerships.
• 20% of tokens (100,000,000 TXN) will be allocated to Traxion parent company and will be held as a provision for future expenses, partnerships, business development, marketing and strategic acquisitions. 

Depending on future developments, a portion of these tokens could be allocated towards the reserve funds. Tokens will be locked by the smart contract for 12 months;
• 3% of tokens (15,000,000 TXN) will be used to eventually create a bounty program. Unused token will be reallocated back to the reserve.
• 2% of tokens (10,000,000 TXN) will be allocated for corporate social responsibility (CSR). It will serve as a grant given its charity donation platform gavagives.com to be used for rewards program. 

Tokens will be issued to both donors and charity organizations based on certain conditions that will be stipulated in a smart contract. Conditions will be based on contributions (donors) and performance (charity org).



Roadmap


Author : Eslilin667
My Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=1592209

Komentar

Posting Komentar

Postingan populer dari blog ini

ICO KOI

-
Gambar
KOI - Will take the blockchain beyond the limits of the technology KOI Project Hello everyone, readers of my blog Syndrome ICO. I will explain a bit about the crypto currency project, This is most relevant in the world of crypto currency, which is characterized by its high volatility. I decided to look for a project where all the tools for productive, high-quality and profitable trading by crypto-currencies will gather. And this is the KOI project. KOI It is a utility token based on the Ethereum under the ERC20 standard, created to facilitate transactions P2P, P2C, C2C and in the applications of our ecosystem. KOI project will build the true massification of the blockchain and developments are directed to take advantage of its potential without requiring technology for it. About Koitech Studio The blockchain is a technology that offers versatility, security and speed for the segment of the population that can access it, although there are already a number of technological instruments ...
Baca selengkapnya

BILLCRYPT

-
Gambar
BILLCRYPT - Creating a Decentralized Global Platform Universal Hello everyone, readers of my blog Syndrome ICO. I will explain a bit about the crypto currency project, This is most relevant in the world of crypto currency, which is characterized by its high volatility. I decided to look for a project where all the tools for productive, high-quality and profitable trading by crypto-currencies will gather. And this is the BILLCRYPT project. Privileged Portfolio Utility Token ERC20 standard. Decentralized valuable digital asset protected by smart contracts codes on the Ethereum blockchain. Š•volutionary digital financial asset. Global Multifunctional Decentralized Platform BILLCRYPT pl — Infrastructure crypto project. Access to project features. Club Card Properties. Created by an influential group of private investors Rich-Invest. About BILLCRYPT BILLCRYPT pl is a global decentralized integration system for Blockchain-Representative offices (BR). A single multifunctional in...
Baca selengkapnya

Winnest

-
Gambar
Winnest - Economy and Digital Technologies Hello everyone, readers of my blog Syndrome ICO. I will explain a bit about the crypto currency project, This is most relevant in the world of crypto currency, which is characterized by its high volatility. I decided to look for a project where all the tools for productive, high-quality and profitable trading by crypto-currencies will gather. And this is the Winnest project. About Winnest WINNEST offers a revolutionary platform at the crossroads between collaborative economy and shared advertising. Its ecosystem offers flexible solutions for consumers to access better offers and improve their buying power while interacting via a revolutionary economic dynamic based on multi-level social affiliation. WINNEST is ahead of the game by offering an e-commerce platform directly integrating all the services necessary for its viability and growth, in the form of a social marketplace whose organization dynamizes flows thanks to its multi-level affi...
Baca selengkapnya