Website

TxHash Network (TXN)

ICO

Last updated: Apr 21, 2019

The TxHash Network is a platform-agnostic decentralized network of already in-place distributed ledger technology (DLT) nodes, which use excess resources to power a ledger event tracking service. This service allows developers to bridge public DLTs and web 2.0 APIs to watch for ledger events, and then perform a corresponding action on the web.

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Overview

Project industry	Blockchain Infrastructure
Product type	Platform
Whitepaper	Open
Onepager	Open

What is TxHash Network

TxHash Network will provide access to its Ledger Tracker Notification Engine by staking TXN tokens for basic services, and paying TXN tokens for more advanced services.

The TxHash Network creates a completely new type of node economy that provides useful work and rewards for DLT node operators, which are otherwise passive entities that act merely as ledger state witnesses. By turning them into active network contributors, the TxHash network allows DLT nodes to generate revenue, encouraging new node operators to join DLT networks, thus increasing network decentralization and value.

TxHash Network service partnership with IFTTT.com, allows businesses and individuals to also connect cryptocurrency transaction data and smart contract events with almost any existing web application.

Details

Token supply: 400000000
Soft cap: 5,000,000 USD
Hard cap: 15,000,000 USD

Legal

Blockchain Platform: Ethereum
Registration country: Gibraltar

Token info

Ticker: TXN
Type: Utility-token
Accepted currencies: ETH
Token distribution:
40% - Token Sale
20% - Node Operators
20% - Team & Advisors
10% - Company Reserve
8% - Partnerships
2% - Airdrops, Bounty, Community
Funds allocation:
40% - Development
25% - Marketing
20% - Operations
10% - Company Reserve
5% - Legal & Administrative