 | FR8 (FR8)ICO Fr8 Network is a set of decentralized applications designed to connect the freight industry’s fractured value chain by connecting key stakeholders, removing high-cost arbitrage, increasing efficiencies, and re-aligning incentives to deliver increased value to all players. IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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What is FR8
Fr8 token powers all Fr8 Board transactions, acts as credit escrow, and enables instant settlement. Fr8s trustless token economy eliminates centralized control by ensuring valuable data cant be coopted into walled gardens.
Fr8 added value services delivers complementary technology and services that helps our community grow, as well as providing a platform to partner with other verticals on new opportunities. Services like Fr8 Factoring deliver access to lowcost capital for carriers, shippers, and independent brokers - and enables new entrants to hold and loan Fr8 Token. Fr8 Rewards program opens up new opportunities to partner with complementary industries on discount programs for everything from parts and service, to insurance, fuel, food, and accommodations.
Fr8 Board is a decentralized marketplace for carriers and shippers to coordinate freight transactions through customizable smart contracts.
Fr8Brokers will act as critical enablers in the market, absorbing risk and providing credit so that shippers and carriers can take the contracts that best suit their needs while simultaneously improving efficiency in the value chain.
Token infoTicker: FR8Type: Utility-token Token standard: ERC-20 Accepted currencies: ETH Token distribution: 24% - Crowdsale 10% - Global Strategic Partnerships 12% - Ecosystem Participants & Community 4% - Advisors 15% - Team 5% - Marketing 15% - Global Platform Development 15% - Reserves |
FR8 Roadmap
Project initiated.
Proof of Initial Thesis - Direct carrier negotiation netted an 18% discount overnight, proving we didnt need brokerages to drive deep savings.
1st Carrier Customers Onboarded - (Fr8 National Carrier Network). 8 regional carriers (complete lower 48 coverage). 500 independent carriers.
1st Shipper Customers Onboarded - (Fr8 National Shipper Network). Lewisco Holdings commits to ship $5m through Fr8 Market.
Blockdaemon Partnership announced. Fr8 Fair Trade Consortium Launch. MVP Launch.
Development Begins on Added Value Products & Services. Fr8 Market Expansion (USA only).
Project team
Advisors
Social media
