TraXion is building an ecosystem where everybody can work together for the common good by enforcing data integrity, accountability, transparency and trust.
TraXion aims to fill the gap between the existing financial system and emerging non-user-friendly technologies by presenting a secure and simple way to use payments and banking architecture that aims to lower financial inclusion barriers and provide financial services to the banked and unbanked. Through the planned integration with MasterCard Service Provider, we will build the wallet that enables our user to store or transfer money to any card in the world. The sender and the receiver transact in the local currency and needs no awareness of cryptocurrencies or blockchain technology behind.
The vision of TraXion is different; we are focused on building an ecosystem where businesses will be very friendly for the common good. Imagine a world where for profit businesses meets non-profit organizations into one whole crypto economy mutually benefitting borderless and frictionlessfinancial transactions
GavaGives.com is an end-to-end fundraising platform under Gava Technologies Inc. that empowers nonprofit organization improve and manage their donors and donations seamlessly. It offers more than 20 payment options and user-friendly management dashboard with analytics.
TraXionPay.com: One of the latest budding payment integrators in the Philippines, enabling more payment options for non-credit card holders. This newest product focuses on user experience of both merchants and consumers. It has an easy onboarding process for merchants and a more seamless payment experience for consumers. It allows for merchants to send and receive payments easily using more than twenty (20+) payment options. Powered by known payment gateways in the country, TraXionPay adds value in the integration point and in the payment experience.
TraXionWallet is currently used as a white-labeled solution of Gavagives.com (see screencap below). This wallet currently enables transfer of funds collected by non-profit organizations to their chosen bank account through a disbursement gateway. The same wallet enables users to see all donations listings, data analytics and other reports.
The same wallet structure will be rolled out soon as part of TraXion Systems and thus will be called HyperTraXion Wallet. Such wallet will hold also payments and remittance functions
During the initial coin offering (ICO), the company will issue virtual currency tokens called TraXion Tokens (TXN) on the blockchain operated by a smart contract. The tokens for sale are on Ethereum network using ERC20 protocol.
We have chosen to do initial coin offering instead of alternatives ways to raise money because an initial coin offer not only allows us to onboard participants from different regions but also to incentivize them to promote TraXion’s products via affiliate and commission. Second, tokens provide liquidity since they can be traded on various exchanges after the ICO.
TraXion is building a blockchain to last by focusing on scalability, elimination of middlemen and decentralization of legacy systems. We will raise initial funds to achieve these goals through a token sale for our TraXion token (TXN).
As geared towards being the complete bank in a distributed network, TraXion aims to develop features that would be beneficial for all financial needs and services the users of the platform will be looking for. To make this happen, 35% of the total fund allocation (detailed in the latter portion of this whitepaper) will be consumed for platform development, which involves further improvements of the token utility.
Formation of Blockchain Dev Hub (early 2017)
Launch of Payment Platform (mid 2017)
Launch of Fundraising Platform (mid 2017)
Initial Coin Offering (May 2018)
TraXion Wallet Capability (Q2 2018)
SMARTER Fundraising (Q3 2018)
Crypto Trading on Wallet (end of 2018)
Whitelabel Remittance Portal (early 2019)
Peer-to-Peer Lending (late 2019)
3% of the tokens (15,000,000 TXN) will be used for a bounty program. 7,000,000 TXN is allocated for commission, 3,000,000 TXN for affiliate links, and 5,000,000 TXN is for the bounty detailed below.
More Information :
Website : https://traxion.tech/
Whitepaper : https://traxion.tech/
Telegram : https://t.me/TraxionICO
Medium : https://medium.com/traxion-tech
Facebook : https://www.facebook.com/traxiontech/
Linkedin : https://www.linkedin.com/company/traxiontoken/
Youtube : https://www.youtube.com/channel/UC7dCqbfGAc_-2VZ1ZvNv2IA
Reddit : https://www.reddit.com/user/TraxionICO/
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Username bitcointalk : soblespwk
Profil bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1807206;sa=summary
Ethereum Wallet Address : 0xF52FFe2a1e43bF80e11A054eE1f9f62143e4fb00
