Website

TraXion (TXN)

ICO

Last updated: May 04, 2018

TraXion is a blockchain platform, which provides integration and connectivity among networks, businesses and people using the Hyperledger Fabric technology.

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Overview

Project industry	Finance Services & Banking
Product type	Platform
Founded	Ireland, 2017
Whitepaper	Open

Bounty program

What is TraXion

The TraXion platform is based on the Hyperledger Fabric - an open-source blockchain designed to allow the exchange of an asset or the state of an asset to be consented upon, maintained, and viewed by all parties in a permissioned group. A key characteristic of Hyperledger Fabric is that the asset is defined digitally, while all participants have to agree on its representation/characterization.

The platform will be leveraging and carrying business propositions form the existing businesses of Pluma Technologies Ltd. (TraXion's legal entity), such as a fundraising platform GavaGives, a payment platform TraxionPay, TraxionWallet, which is used as a whitelabel solution for GavaGives.

TraXion ecosystem will have an open API, will host crypto-trading to enable users to trade TXN with other cryptocurrencies and will allow for peer-to-peer lending.

Details

Pre-sales: May 01, 2018 - May 31, 2018
Public sales: Jun 15, 2018 - Jul 31, 2018
Pre-sale token supply: 40000000
Token supply: 200,000,000
Hard cap: 43,199,000 USD(fiat)

Legal

Blockchain Platform: Ethereum
Country limitations: China, Cuba, Iran (Islamic Republic of), Korea, Democratic People's Republic of, Sudan, United States
Registration country: Ireland
Registration year: 2017

Office address: Unit 3D North Point House, North Point Business Park, New Mallow Road, Cork, 902, Ireland

Bounty

Bounty: 3%
Translation: 10%
Social media: 70%
Bitcoin talk signature campaign: 20 %

Token info

Ticker: TXN
Type: Cryptocurrency
Token standard: ERC-20
Token price in USD: 1 TXN = 0.66578 USD
Token price in ETH: 1 Token = 0.001000 ETH
Accepted currencies: ETH
Bonus program:
Pre-Sale:
0-10M - 40%
10M-20M - 30%
20M-30M - 20%
30M-40M - 10%
Token distribution:
40% - Crowdsale
20% - Team
20% - Reserve
8% - Pre-Sale
5% - Community
3% - Rewards and Bounty
2% - CSR
2% - Seed
Funds allocation:
35% - Platform Development
30% - Business Development
20% - Legal and Compliance
15% - Operations

TraXion Roadmap

April 2018

Initial Coin Offering.

Q2 2018

Traxion Wallet Capability.
Supports fund transfers using disbursement gateway and peer-to-peer transfers to prepare for full remittance solution. This will hold all 3 functions: payments, remittance and donations.

Q3 2018

SMARTER Fundraising.
Enhancement of existing fundraising platform to apply smart contracts that will measure performance of nonprofit organizations through its giving score and blockchain analytics.

End of 2018

Crypto Trading on Wallet.
Aside from payment, remittance and donation capabilities, Traxion wallet will launch cryptotrading facility supporting major cryptocurrencies like ER20, Ripple, NEM, etc.

Early 2019

Whitelabel Remittance Portal.
To scale the business, a whitelabel solution for remittance business will be offered to existing agencies and brokers. Using Hyperledger technology, transactions will be faster, cheaper and more secured.

Late 2019

Peer-to-peer Lending.
Wallet users will be able to lend to other users using TraXion KYC, Credit Score and Microfinance Solution.