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Treon (TXO)

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ICO

Treon (TXO) is an Ethereum blockchain-based utility token and e-wallet for paying utility bills using a technology in a decentralised fashion.

Treon White Paper WhitepaperTreon Onepager Onepager

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Interest lvl
NA
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User Rating
Medium
3/5 1 votes
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Ticker
TXO
Type
Utility-token

What is Treon

Treon is a token based mobile dashboard and wallet solution for utility bill payments, specially designed for the customers using public utilities to settle their bills using blockchain smart contract technology. Treon is a new form of private, instant, verified and reliable transaction.

TXO tokens can be used as Utility payment by all the customers and also as a settlement tool between different utility providers. It is designed as a Utility token for payment, top-up and recharges on the platform.

Treon team is distributed globally by design: integrated development team is based in India for proximity to pools of technical experts; product management team is based in Egypt for proximity to African and Asian target markets; strategy, investment, and commercial team is based in Dubai for proximity to financial hubs, and a corporate structure with applicable crypto licenses is based in Estonia.

Treon Roadmap

1
Q1 2017

Start of Ideation and planning.

2
Q4 2017

Technical architecture and prototype build.

3
Q1 2018

ICO planning & preparations.

4
Q4 2018

Enlist Tokens on Crypto exchanges.

5
Q1 2019

Onboarding Telecom Providers.

6
Q4 2019

Agreements with Telecom top-up distributors.

7
Q1 2020

Agreements with payment gateways.

8
Q4 2020

Onboarding Electricity companies.

9
Q1 2021

Smart Contracts for Natural gas companies.

10
Q4 2021

Onboarding of water Utility companies.

11
Q1 2022

Telecom reseller Agreement rollout.

12
Q4 2022

Close all utility providers reseller agreement.

Token Sale Dates

Presale Period

Start date: May 21, 2018
End date: Jun 17, 2018

ICO

Start date: Jun 18, 2018
End date: Dec 31, 2018

Token Allocation

Presale Token Supply 142,200,000
Total Token Supply 287,400,000

Funding Details

Soft Cap 4,000,000 USD(fiat)
Hard Cap 25,000,000 USD(fiat)
Funds Raised (as of now) 1,137,000 USD

Token distribution


43% - Pre-ICO and ICO
48% - Future TXO Reserve
5% - Founders
3% - Ecosystem
1% - Team

Funds allocation


60% - Technology
25% - Marketing
10% - Operations
5% - Legal & Admin

Token Price and Payment Options

Accepted Currencies ETH BTC

Project team

Hesham El Metainy
Hesham El Metainy
Treon Founder, Strategy
Hesham El Metainy linkedin-team
Khaled Khorshid
Khaled Khorshid
Treon Founder, Technology
Khaled Khorshid linkedin-team
Mohamed T. Kesseba
Mohamed T. Kesseba
Head of Marketing
Mohamed T. Kesseba linkedin-team
Binal Patel
Binal Patel
Head of Technology
Binal Patel linkedin-team
Hoda El Kara
Hoda El Kara
Head of Corporate Communications
Hoda El Kara linkedin-team
Miranda Rector
Miranda Rector
Head of Product
Miranda Rector linkedin-team
Harshil Sanghavi
Harshil Sanghavi
Blockchain Architect
Harshil Sanghavi linkedin-team

Advisors

Saad Al-Barrak
Saad Al-Barrak
Principal Advisor, Telecom strategy & Corporate governance
Saad Al-Barrak linkedin-team
Alain Sainte Marie
Alain Sainte Marie
Advisor, Telecom and Finance
Alain Sainte Marie linkedin-team
Dee Murphy
Dee Murphy
Advisor, Branding and Design
Dee Murphy linkedin-team
Anthony Blenman
Anthony Blenman
Advisor, Procurement and Cross-Trade agreements
Anthony Blenman linkedin-team
Jad Hindy
Jad Hindy
Advisor, Digital Marketing and Communications
Jad Hindy linkedin-team
Mathew Kimolo
Mathew Kimolo
Advisor, Energy Utilities and Solar Power
Mathew Kimolo linkedin-team
Ahmed Abdelgelil
Ahmed Abdelgelil
Advisor, Energy Utilities & Consulting
Mark Hill
Mark Hill
Advisor, Legal & Copyrights
Mark Hill linkedin-team

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