Review of ICO TraXion

Traxion will be offering familiar financial products and services while using blockchain to do it. Their plans include, but are not limited to, insurance, peer to peer lending, investments, payments, remittances, savings, and more. Traxion has already built 4 platform elements out of the proposed 6. These elements are the wallet, payment platform, fundraising platform, and personal finance platform. They are trying to build a long lasting platform for cryptocurrency and are focusing on eliminating middlemen, scalability, and a decentralized system. The whole goal is to bridge the gap from new difficult to use cryptocurrency technologies and traditional finance systems.

Traxion hopes to solve a number of problems that regular financial institutions have. One of these problems is that many adults all over the world are still going without any kind of bank account. Traxion can add greater accessibility to banking. Speed of transactions can also be a large problem, often taking several days to complete a transaction. I experienced this recently while doing an ACH fund transfer. I had to wait just about a week to have access to my funds. Blockchain fund transfers can happen almost instantly in many cases. Cost can be another major problem for regular banking with many high fees. Again, blockchain cryptocurrency transfers can cost just pennies, and some are even free. Additionally, blockchain transactions are completely transparent.

Token

Token type: ERC-20

In total it is made: 500 million tokens

On free sale: 50% of total (250 million)

Hard cap: 100 000 ETN

Course: 1 TXN 0,001 ETH is equal

Beginning of pre-sales: 5/1/2018 years

Development plan for the project

• Start of Blockchain Dev Hub (1 quarter 2017)
• Beginning of work of payment service provider (the 2nd quarter 2017)
• Beginning of network functioning of fund raising (the 2nd quarter 2017)
• ICO start (spring of 2018)
• Expansion of opportunities of a purse (summer of 2018)
• Start of a possibility of fund raising (fall of 2018)
• Cryptocurrency purse with support of different cryptocurrencies (the 4th quarter 2018)
• Peer crediting (the 4th quarter 2019)

Team of the project

Ann Cuisia-Lindayag the CEO with 20 years of an experience. Except work in the financial sphere long time I did also charity work.

Tamer Maher the executive director has passed a way from work as software developer to the vice-president.

Fernando Contreras the chief engineer has based a set of startups including Imperium group of companies. Enters a top of the most influential people in the sphere.

Act as consultants:

Nathan Christian International adviser blockchain of community.

Tyler Sanford - The international adviser a blockchain of community has deep understanding a blockchain industry and always looks for innovative ways. Today it was part 13 ICO, having collected 200+ million dollars in 7 years of work.

Rick Tapia (The international adviser a blockchain of community) is the branch expert in the business analysis the Blockchain platforms and their infrastructures with profound knowledge of processes of ICO from beginning to end.

References to the project

Website: https://www.traxion.tech/
Whitepaper: https://traxion.tech/documents/Traxion%20Whitepaper.pdf
Telegram: https://t.me/TraXionICO
Twitter: https://twitter.com/traxiontoken
Facebook: https://www.facebook.com/traxion.tech/
Medium: https://medium.com/traxion-tech
ANN: https://bitcointalk.org/index.php?topic=3043553.0

Author :
Bitcointalk Username : nguyenthitam88
Bitcointalk url : https://bitcointalk.org/index.php?action=profile;u=1613875
My Ethereum Wallet: 0x2F1b57FbEf83e885dD74f5E1912A674Ab6ea72B4