TRAXION - ICO | Ecency

ABOUT TRAXION
TraXion is building an ecosystem where everybody can work together for the common good by enforcing data integrity, accountability, transparency and trust.
Solution is a smart contract–enabled blockchain platform that is scalable, immutable, transparent and permissioned.

Please see the video about the traxion project below:

TraXionWallet - Enables remittances, P2P lending and donations, along with data analytics and a rewards system. We provide white-label wallets to organizations who want to move financial assets at zero cost through tokenization of their local currencies.
TraXionChain - Creates customized business solutions on the blockchain for conglomerates requiring interoperability, data integrity and asset tracking within their supply chain.
TraXionContract - Applies smart contracts to guarantee complete transparency and integrity of information, improved performance management and reduced wastage and corruption.

HYPERLEDGER FABRIC TECHNOLOGY
Easy. Frictionless. Compliant.

Please see the video about traxion project technology below

WHY TRAXION?

Competent team with relevant skills
The TraXion team includes specialists with about 20+ years of combined experience in cryptocurrency, banking, blockchain and peer-to-peer technologies, payments, AI, cyber-security, internet marketing and economics, politics and PR.
Proof of concept and relevant products
Established a firm footing with GavaGives and TraXionPay.com with over 20 thousand members combined, and with a white label version of the TraXionWallet already in use by our customers.
Current contracts and partners
Unbanked people in the Philippines will now be able to use a prepaid TraXion MasterCard linked to a digital wallet to enable crypto transactions, peer-to-peer payments and lending. Onboarding up to a million SEACOOP members on the TraXion Wallet.
Network of users and organizations
Individuals, merchants, conglomerates, and non-profit organizations—all in a single infrastructure that enables a crypto economy free of obstruction, fraud and bureaucracy.
Start of Pre-sale : May 1, 2018
End of Pre-sale : May 31, 2018
Start of Crowd Sale : June 15, 2018
End of Crowd Sale : July 31, 2018
The pre-sale period will have a duration of 4 weeks. Main sale will have a duration of 6 weeks. Tokens unsold during the sale will be used for future sales.
Token Price : 0.001 ETH
Hard Cap : 100,000 ETH
Assuming 40,000,000 tokens are purchased during the presale, the total supply available during the sale will be 200,000,000 (two hundred million) tokens. Anything exceeding this supply will apply the base price of 0.001 ETH/TraXion Token.

Token Sale Period dan Bonus

During the pre-sale, the bonuses per tier vary in token supply, whereas there will be four tiers. 10,000,000 (ten million) TXN will be available for sale for each bonus tier. The entire pre-sale will have a total token allocation of 40,000,000 (forty million) tokens
The availability of tokens come on a first come first serve basis. Exchanges will automatically move to the next period’s exchanges when demand exceeds the period’s allocation until tokens allocated for the entire pre-sale runs out.
During the Crowd Sale, 200,000,000 (two hundred million) tokens will be on sale. The minimum and maximum purchase during Pre-Sale and Crowd Sale is 0.50 ETH or 500 TXN and 10,000 ETH or 1,000,000 TXN, respectively.

Token Distribution

50% of tokens (250,000,000 TXN) will be allocated to token sale contributors and will be transferrable when crowd sale ends;
20% of tokens (100,000,000 TXN) will be allocated to the team and will be locked by the smart contract for 12 months;
5% of tokens (25,000,000 TXN) will be allocated to the community to incentivize developers, partners, strategists, and other members of the community who wants to leverage TraXion network to build new products and partnerships.
20% of tokens (100,000,000 TXN) will be allocated to TraXion’s parent company, Pluma Technologies Ltd, and will be held as a provision for future expenses, partnerships, business development, marketing and strategic acquisitions. Depending on future developments, a portion of these tokens could be allocated towards the reserve funds. Tokens will be locked by the smart contract for 12 months;
3% of tokens (15,000,000 TXN) will be used to eventually create a bounty program. Unused token will be reallocated back to the reserve.
2% of tokens (10,000,000 TXN) will be allocated for corporate social responsibility (CSR). It will serve as a grant given to its trusted charity donation platform gavagives.com to be used for rewards program.

Fund Allocation

Legal & Compliance - 20%
Business Development - 30%
Platform Development - 35%
Operations - 15%

ROADMAP

Completed - Formation of Blockchain Dev Hub
TraXionHub.com is Manila’s developer hub that focuses on using Hyperledger Fabric to create blockchain solutions for financial institutions. The dev hub serves as a source of revenue for the company and will fuel the proliferation of blockchain applications in the Philippines.
Completed - Launch of Payment Platform
TraXionPay.com is a digital unified payment system for merchants and businesses. All payment gateways—both offline and online—are seamlessly consolidated in one platform with the TraXion Wallet.
Completed - Launch of Fundraising Platform
Gavagives.com is an end-to-end fundraising platform providing a quick and convenient way for donors to support charitable social causes. There are over 20 payment options available for donors to deliver aid, and an automated management dashboard with analytics accessible for fundraisers’ use.
Ongoing - Token Sale
TraXion Wallet Capability & SMARTER Fundraising
Q2 2018
TraXion Wallet supports fund transfers and peer-to-peer transfers using a disbursement gateway. This will enable our customers to remit, make payments and donate to anyone in the world.
The existing TraXion platform will be enhanced with smart contracts to automate performance evaluations of non-profit organizations through reputation scoring and blockchain analytics.
End of 2018 - Crypto Trading on Wallet
Aside from payment, remittance and donation capabilities, TraXion Wallet will launch a crypto trading feature supporting major cryptocurrencies such as ERC20, Bitcoin, Ripple, NEM and more.
Early 2019 - Whitelabel Remittance Portal
Using Hyperledger technology, a whitelabel, enterprise-grade remittance solution will be offered to existing agencies and brokers to make transactions faster, cheaper and more secured.
Late 2019 - Peer-to-peer Lending
TraXion Wallet customers will be able to lend money to other users by using their TraXion KYC registration and credit score as security assurance.