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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.

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Overview

Project industrySupply & Logistics
Product typeMarketplace

What is FR8

Fr8 token powers all Fr8 Board transactions, acts as credit escrow, and enables instant settlement. Fr8’s trustless token economy eliminates centralized control by ensuring valuable data can’t 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 info

Ticker: FR8
Type: 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

1
May, 2017

Project initiated.

2
July, 2017

Proof of Initial Thesis - Direct carrier negotiation netted an 18% discount overnight, proving we didn’t need brokerages to drive deep savings.

3
August, 2017

1st Carrier Customers Onboarded - (Fr8 National Carrier Network). 8 regional carriers (complete lower 48 coverage). 500 independent carriers.

4
September, 2017

1st Shipper Customers Onboarded - (Fr8 National Shipper Network). Lewisco Holdings commits to ship $5m through Fr8 Market.

5
Q1, 2018

Blockdaemon Partnership announced. Fr8 Fair Trade Consortium Launch. MVP Launch.

6
Q2, 2018

Development Begins on Added Value Products & Services. Fr8 Market Expansion (USA only).

Project team

Jon Fox
Jon Fox
CEO
Jon Fox linkedin
Sloane Brakeville
Sloane Brakeville
CTO
Sloane Brakeville linkedin
Ling Qing Meng
Ling Qing Meng
VP Engineering
Ling Qing Meng linkedin
Shankhri Balaji
Shankhri Balaji
Chief Strategist
Shankhri Balaji linkedin
Yevgeniy Spektor
Yevgeniy Spektor
Lead Engineer
Yevgeniy Spektor linkedin
Barry Glasco
Barry Glasco
Senior Enterprise Engineer
Barry Glasco linkedin
Michael Zargham
Michael Zargham
PHD Mathematician
Michael Zargham linkedin
Matt Barlin
Matt Barlin
MIT Trained Data Scientist
Matt Barlin linkedin
Peter Crane
Peter Crane
Business Development
Peter Crane linkedin
Will Kamensky
Will Kamensky
Community Management
Will Kamensky linkedin

Advisors

Scott Walker
Scott Walker
Partner Distributed Network Advisors (DNA)
Scott Walker linkedin
Dustin Boyer
Dustin Boyer
Partner Distributed Network Advisors (DNA)
Dustin Boyer linkedin
Emily Bush
Emily Bush
Partner Distributed Network Advisors (DNA)files/2434-26232.jpg
Adam Helfgott
Adam Helfgott
CEO Madhive
Adam Helfgott linkedin
Tom Bollich
Tom Bollich
CTO Madhive
Tom Bollich linkedin
Court Coursey
Court Coursey
Managing Partner, Tomorrow Ventures
Court Coursey linkedin
Konstantin Richter
Konstantin Richter
CEO Blockdaemon
Konstantin Richter linkedin
Alex Lightman
Alex Lightman
CEO Millennium Energy Corporation
Alex Lightman linkedin
Matt McGraw
Matt McGraw
Founding Partner, The Bureau
Matt McGraw linkedin
Matt McKibbin
Matt McKibbin
CDO, Decentranet
Matt McKibbin linkedin
Ted Moskovitz
Ted Moskovitz
Founder, Decentranet
Ted Moskovitz linkedin
Eric Greenberg
Eric Greenberg
Founder, Chairman and CEO Warp Media
Eric Greenberg linkedin
Scott Nelson
Scott Nelson
Chairman & CEO Sweetbridge
Scott Nelson linkedin
Mac McGary
Mac McGary
President, Sweetbridge
Mac McGary linkedin
Dave Henderson
Dave Henderson
Co-Founder and CFO Sweetbridge
Dave Henderson linkedin
Rebecca Lerner
Rebecca Lerner
EVP Madhive
Rebecca Lerner linkedin
E. David Ellington
E. David Ellington
Founder Silicon Valley Blockchain Society
E. David Ellington linkedin
Amit Pradhan
Amit Pradhan
Managing Partner Jet Ventures
Amit Pradhan linkedin

Social media

FR8 web-siteFR8 MediumFR8 TelegramFR8 LinkedInFR8 Twitter

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