TRAXION ICO REVIEW

Hi all this time I will discuss about Traxion which is a unique and decentralized program and with Blockchain that can be trusted in crypto world let me refer to my article which discuss about TRAXION ICO.

Friends, in anticipation of an early and very strong rise in the market, it's important to choose projects that will bring good returns. Consider the ICO Traxion project, which looks very, very interesting.

Here's how the team described the project: "Using the latest Hyperledger Cloth technology, we provide seamless integration and connectivity between networks, businesses and people".

TraXion focuses on building infrastructure for everyday users. Blockchain-controlled environments change the way people do business by upholding data integrity, accountability, transparency, and trust. Traxion is a blockchain platform that is ready for business which means it's scalable, timeless, permissible, and has all the necessities to execute smart contracts, proven business and data visibility.

Compared to the blockchain industry leaders, this project looks really good. Look at the diagram below.

The project scored many points from the ICO rating agency. For example, ico bench - 4.8 / 5, ICOHOLDER - 4.58 / 5, Foundico - 8.7 / 10, see the details in the picture.

Detail project of crowdsale Traxion

• Token name - TXN
• Blockchain - Ethereum (ERC-20)
• Total TraXion Token - 500 000 000

Token Distribution

• Crowd Sale - 40%
• Pre-Sales - 8%
• Team - 20% (locked by smart contract for 12 months)
• Backup -
• Community 20% - 5% (to provide incentives to developers)
• Rewards - 3%
• Corporate social responsibility - 2%
• Seed - 2%

Pre-Sales Project Traxion

• Pre-Sale Date from May 1st to May 31st, 2018
• Price token - 1 TXN = 0.001
• ETH bonus on Pre-Sales - first week - 40%, second week - 30%, third week - 20%, fourth week - 10%
• Minimum purchase amount is 0.5 ETH or 500 TXN

Project Crowd Sale Traxion

• Crowd's Sale Date from 15 June to 31 July 2018
• Price token - 1 TXN = 0.001
• ETH Bonus on Crowd Sale - No bonuses
• Minimum purchase amount is 0.5 ETH or 500 TXN

OFFER COUNCIL OFFER (ICO)

During the initial coin offer (ICO), the company will issue a virtual currency token called TraXion Tokens (TXN) on blockchain operated by smart contracts. Tokens for sale are on the Ethereum network using the ERC20 protocol.

We have chosen to do an initial coin offer, not an alternative way to raise money because initial coin offers not only allow us to include participants from different regions but also to encourage them to promote TraXion products through affiliates and commissions. Second, tokens provide liquidity because they can be traded on various exchanges after ICO.

SUMMARY OF TOKEN SALES

TraXion builds blockchain to survive by focusing on scalability, elimination of intermediaries and decentralization of inheritance systems. We will collect initial funds to achieve this goal through the sale of tokens for our Traxion tokens (TXN).

ROADMAP

As directed to a complete bank in a distributed network, TraXion aims to develop features that will benefit all the financial and service needs that platform users will seek. To make this happen, 35% of the total allocation of funds (detailed in the last part of this white paper) will be used for platform development, which involves further improvements of the token utility.

• Establishment of Blockchain Dev Hub (early 2017)
• Payment Platform Launch (mid 2017)
• Fundraising Platform Launch (mid 2017)
• Initial Coins Bid (May 2018)
• TraXion Wallet Capability (Q2 2018)
• SMARTER fund raising (Q3 2018)
• Crypto Trading on Wallet (end of 2018)
• Whitelabel Remittance Portal (early 2019)
• Peer-to-Peer Lending (end of 2019)

Further information:

Website: https://traxion.tech/
Whitepaper: https://traxion.tech/
Telegram: https://t.me/TraxionICO
Media: https://medium.com/traxion-tech
Facebook: https://www.facebook.com/traxiontech/
Linkedin: https://www.linkedin.com/company/traxiontoken/

Author: assyfa
Profile: https://bitcointalk.org/index.php?action=profile;u=1348503
Eth: 0xCa53A32ab48cF8bA4eC4A494bA4e95ceC26Fe71d