Traxion is Making a Multipurpose Cryptocurrency

The purpose of this article is to provide readers with a good idea of what Traxion plans on doing and how they will generate demand for their cryptocurrency. ICO reviewing companies have given Traxion excellent reviews, the company received a rating of 4.8 over 5 from ICO bench, which is definitely an impressive feat. The reason Traxion has received so many good ratings is because Traxion is pursuing a very practical and feasible business idea. Traxion’s business idea is to create an all-inclusive cryptocurrency. TXN, Traxion’s cryptocurrency will be used to create numerous different types of transactions.

Unlike most companies that use blockchain technology and cryptocurrency to target very specific nice markets, Traxion plans on targeting multiple markets. After reviewing Traxion’s whitepaper it becomes overly clear that this is a company that believes in a simple ideology, more is always better. There are many advantages when targeting multiple markets. The two biggest ones are higher potential for revenue and higher probability of sales.

Traxion wants to use blockchain technology and smart contracts to provide services as payment terminals, peer to peer lending, remittances, savings, insurance, investments and philanthropy. All these industries are used on a daily basis by several millions of people worldwide. Which is why if successful Traxion could potentially generate a massive revenue. The more revenue Traxion generates the better their cryptocurrency will perform on the exchange markets. Because the more sales they have the more of their cryptocurreny will be purchased.

Another extremely important factor to keep in mind is that the more industries a company targets the higher probability they have for making a sale. Traxion is selling in several different industries all these companies combined have thousands of companies and billions of end consumers, which means if they even successfully manage to attract a small percentage of their planned market they can still generate a massive revenue. As mentioned before the more revenue they generate the more demand they generate for their cryptocurrency aswell.

Bottom line, Traxion is going to be one of the biggest and most inclusive ICOs ever, if not the biggest. They are targeting the payment terminals, peer to peer lending, remittances, savings, insurance, investments and philanthropy industries. The amount of industries Traxion is targeting makes it not only feasible but also reliable because the amount of revenue they can potentially generate and the probability is maximized.

Website: https://traxion.tech/
Whitepaper: https://traxion.tech/#
Telegram: http://t.me/TraxionICO
ANN thread: https://bitcointalk.org/index.php?topic=3043553.0

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