B2B trade finance platform. Traxia ICO ICO rating – not rated.
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Ended ICO : 01/05/18 – 02/06/18
About Traxia ICO ICO (token sale)
Traxia ICO is a non-profit foundation being established under the laws of Switzerland. It is the creator and initiator of the blockchain model described in this paper. The Traxia foundation’s mission is to promote and support the Traxia ICO platform through development and education and provide buyers, sellers and investors around the world with a more accessible, transparent and more trustworthy system to engage in global trade.
The Traxia foundation will support projects like LiqEase and can invest in entities and projects that support the purpose of the foundation as stated.
LiqEase operates a for profit businesses and is building the gateways and applications to connect and be part of the Traxia ecosystem. LiqEase is an Issuing and Listing Provider and is in fact the first successful proof of concept of the Traxia ecosystem.
Coming back to our initial assumption, the Traxia platform creates more transparency within a supply chain by integrating smart contracts into business processes and is creating the basis for Buyers and Sellers in B2B trade to become active participants in supply chain finance, hence improving the information symmetry between the supply chain and capital markets. Higher information transparency between actors, increases the likelihood that financing can be provided for an asset that is issued by a Seller/Buyer.
The development of LiqEase increases the demand for the TMT and improvement of the Smart Contracts, creating higher levels of transparency within the supply chain powered by the Traxia Foundation.
Traxia Membership Token (TMT) Sale
To fund the initial operation and creation of the Traxia platform, we will be offering the sale of TMT tokens.
The supply of TMT is limited to a maximum of max. one billion (1,000,000,000) tokens in total, including those available for sale during the Token Sale. The tokens will be generated upon the token launch and will be distributed in the following manner:
- 70% of the tokens will be eventually allocated amongst the community. Distributed in the following order 30% + 30% + 5% + 5%
- 20% will be allocated to the foundation creation, development team, early backers.
- 10% will be allocated to treasury with the purpose of providing TMT Liquidity if necessary as well as being a contingency fund.