TRAXIA ICO
In this discussion I will discuss a very innovative project where this project can solve the following problems:
- $ 43 trillion dollar bills received on any given day.
- Banks continue to argue that liquidity problems do not finance SMEs.
- Trade transactions are expensive, bureaucratic and time consuming.
Traxia is a blockchain solution to disrupt trade transactions. There are $ 43 trillion accounts receivable on any given day, only banks offer $ 3 trillion cash liquidity and we involve this market potential.
In simple terms, Traxia will allow SMEs to sell invoices (debtors) to investors. It will provide liquidity to businesses by making receivables available in short-term negotiable assets that shorten the billing cycle.An example of this is:
- A clothing manufacturer signs an agreement with Nordstroms to deliver 1000 shirts. Nordstrom will pay the importer on delivery of the shirts.
- Manufacturer starts with the hemisphere project and estimates completion in 60 days. The manufacturer must pay employees and purchase supplies before payment.
- The manufacturer receives payment from Traxia for the invoices.
- 60 days later, the garments arrive at Nordstroms and investors receive direct from Nordstroms.
In this example, the manufacturer received 90% of their payment 60 days before. This increased liquidity allows them to make additional transactions, to create more goods and to grow their business faster.
Token Sales
Total TMT Award for Token Sales is 60%, Other 20% for Team, 10% Treasury, 5% Bounty and 5% for Advisers. The pre-sale is divided into 4 phases, starting with a 40% discount and 40% token price and ending with no discount on 18 April. In the first phase, the minimum participation is 10 ETH, and from 19 March the minimum will be 0.01 ETH. For those who want to participate in the first auction, but not 10 ETH, I suggest visiting the primablock.com web site and creating a pool on Ethereum blockchain. It is also possible to contribute to Cardano (ADA) and the cap can be reached during pre-sale and avoid public sales.
The 6th of June TMT will trade traders Trade.io and Gatecoin with an agreement already.
The token sales system is fully in line with rule regulations.
Total supply of 1,000,000,000 TMT and hard cover to hit is 41.4 million dollars to spend in 64%. Loan Warehousing, 11% Business Development & Sales, 15% Smart Contract Development, 5% Legal and Compliance and 5% Contingency Budget. It is very important to note that the principal amount in Loan Wharehousing will be spent to ensure Liquidity Provider activity and thus the work of the platform.
The venture is great organized and good idea, enhanced by Cardano's people group through its business arm Emurgo, winning the Slush Shanghai 2017 Edition award. The promotion group, called LiqEase, has a large number of records in the running and export of computerized streams effectively for extended companies or free and with in-depth information from the fintech world. Eventually, Miguel Solana of Santander Bank and Mr. Kapron of Citibank, strengthens the business and ensures a long-term venture and huge future performance.
Limiting the market and supply of tokens
The hard cap plan will have a market capitalization of almost $ 42 million, unless additional tokens are issued at the moment. In the current ICO atmosphere on the upper side is the estimated market capitalization. The extreme amount on the upper side, the high cost of financing is necessary for the proper financing of the loan warehouse on the Traxia platform.
The loan warehouse will allow Traxia to purchase the amounts of receivables and hold them until they are redeemed by the buyer. At an early stage of the plan, the warehouse will play a vital role in matchmaking and avoid bottlenecks for the system.
Exchanges
Traxia is one of the few plans in which the date of their tokens was issued to look at the stock exchanges. TMT-tokens are planned to be used on June 5.
Social and advertising
The Traxia Telegram group has more than 1,100 members of the group and reflects that this plan is in early marketing periods. A telegram increasing activity and team members, including the CMO and the CEO, appears to be answering questions.
For other info about the Traxia, please visit the following links:
• WEBSITE: https://www.traxia.co/
• WHITEPAPER: https://goo.gl/8afHXv
• ANN: https://bitcointalk.org/index.php?topic=3019695.0
• TWITTER: https://twitter.com/TraxiaNetwork
• FACEBOOK: https://www.facebook.com/TraxiaFoundation/
• TELEGRAM: https://t.me/traxiafoundation
Bitcointalk user name :rajee89