Website

Treon (TXO)

ICO

Published: May 23, 2018

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

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Overview

Project industry	Finance Services & Banking
Product type	App
Whitepaper	Open
Onepager	Open

Bounty

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.

Details

Pre-sales: May 21, 2018 - Jun 17, 2018
Public sales: Jun 18, 2018 - Dec 31, 2018
Pre-sale token supply: 142,200,000
Token supply: 287,400,000
Soft cap: 4,000,000 USD(fiat)
Hard cap: 25,000,000 USD(fiat)
Raised: 1,137,000 USD

Token info

Ticker: TXO
Type: Utility-token
Accepted currencies: ETH BTC
Bonus program:
Pre-ICO Phase 1: Bonus up to 30%
Pre-ICO Phase 2: Bonus up to 25%
ICO: Bonus up to 7%
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