TraXion ICO (TXN)

Transitions You To A Crypto-Ready Society


Using the latest IBM Hyperledger Fabric technology, we provide seamless integration and connectivity among networks, businesses and people. Traxion aims to be a better bank in a blockchain-driven environment, enabling its community to load, send, save, spend, lend, borrow, and more using a secure, simplified yet compliant application. It is an environment where for-profit meets non-profit sectors and develops a synergy towards corruption-free social impact activities. There are start-ups trying to focus on a niche and would not take advantage of economies of scale, which is one of the main advantages enjoyed by traditional financial institutions that may not be as technologically advanced. Traxion plans to offer traditional financial products in a blockchain-driven environment, eventually becoming the crypto-economy for payments, peer-to-peer lending, remittances, savings, insurance, investments, and philanthropy.

Banking Business services Charity Investment Platform Retail Smart Contract
4.8

by expert rating and reviews


4.8
ICO PROFILE
4.9
TEAM
4.9
VISION
4.7
PRODUCT
Ended
Token TXN
Platform Ethereum
Price 1 TXN = 0.0005 ETH
Country Philippines
ICO Start Date 01 May 2018
ICO End Date 31 May 2018

About TraXion

Traxion aims to be a better bank in a blockchain-driven environment, enabling its community to load, send, save, spend, lend, borrow, and more using a secure, simplified yet compliant application. It is an environment where for-profit meets non-profit sectors and develops a synergy towards corruption-free social impact activities.

There are start-ups trying to focus on a niche and would not take advantage of economies of scale, which is one of the main advantages enjoyed by traditional financial institutions that may not be as technologically advanced. Traxion plans to offer traditional financial products in a blockchain-driven environment, eventually becoming the crypto-economy for payments, peer-to-peer lending, remittances, savings, insurance, investments, and philanthropy.

Traxion has launched several products and services to prepare itself for this exciting event of involving the crowd in its mission. Traxion plans to have significant infrastructure in place prior to the initial coin offering (ICO). To date, Traxion has built four (4) of the six elements in the proposed economies of scale:

Payment Platform, Wallet, Personal Finance Platform and Fundraising Platform. These four platforms will soon be on TraxChain – connecting people to effectively transact payments, lower the cost of peer-to-peer lending and remittance, transparently account for philanthropic activities of non-profit organizations and enable insurance and investments processed more efficiently using smart contracts.

Traxion is building a crypto-economy to last, therefore, the focus will be on the scale, elimination of middlemen, and decentralizing legacy systems. To achieve these goals, Traxion will offer white-label platforms across the globe and connect them in a distributed, permissioned and secured blockchain. It will be used by banks, operators and agencies in key jurisdictions to process in different fiat currencies and facilitate cross- border transactions without the need for counterparties while also enabling all players donate to causes this blockchain trusts.

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 Master Card 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.

To achieve these objectives, an initial coin offering (ICO) will be conducted. The offering will be a virtual currency tokens known as a Traxion Token or TXN. Funds raised will be given as grant to a foundation situated in Southeast Asia (GavaGives Foundation Inc.) to facilitate the development of Traxion’s projects.

Team

Ann Cuisia member of TraXion ICO
Ann Cuisia
CEO
Tamer Maher member of TraXion ICO
Tamer Maher
COO
Anand Vemula member of TraXion ICO
Anand Vemula
CTO
Jojy Azurin member of TraXion ICO
Jojy Azurin
Business Strategist
Raymonde Sawal member of TraXion ICO
Raymonde Sawal
Marketing Head In Charge of UK
Alvin Veroy member of TraXion ICO
Alvin Veroy
Director, Infrastructure
Jon Margalit member of TraXion ICO
Jon Margalit
Biz Dev, North American Region
Iurii Znak member of TraXion ICO
Iurii Znak
Marketing & Investment Consultant
Jourdan Sebastian member of TraXion ICO
Jourdan Sebastian
Market Influencer
Burton Crapps member of TraXion ICO
Burton Crapps
Advisor
Yobie Benjamin member of TraXion ICO
Yobie Benjamin
ICO Advisor
Aldo Carrascoso member of TraXion ICO
Aldo Carrascoso
Advisor
Krishan Grover member of TraXion ICO
Krishan Grover
Business Advisor
Rafael Padilla member of TraXion ICO
Rafael Padilla
Legal & Compliance Advisor
Steven Stanley member of TraXion ICO
Steven Stanley
Advisor

Milestones

  • 1

    April 2018

    Initial Coin Offering.

  • 2

    Q2 2018

    Traxion Wallet Capability.
    Supports fund transfers using disbursement gateway and peer-to-peer transfers to prepare for full remittance solution. This will hold all 3 functions: payments, remittance and donations.

  • 3

    Q3 2018

    SMARTER Fundraising.
    Enhancement of existing fundraising platform to apply smart contracts that will measure performance of nonprofit organizations through its giving score and blockchain analytics.

  • 4

    End of 2018

    Crypto Trading on Wallet.
    Aside from payment, remittance and donation capabilities, Traxion wallet will launch cryptotrading facility supporting major cryptocurrencies like ER20, Ripple, NEM, etc.

  • 5

    Early 2019

    Whitelabel Remittance Portal.
    To scale the business, a whitelabel solution for remittance business will be offered to existing agencies and brokers. Using Hyperledger technology, transactions will be faster, cheaper and more secured.

  • 6

    Late 2019

    Peer-to-peer Lending.
    Wallet users will be able to lend to other users using TraXion KYC, Credit Score and Microfinance Solution.

Financial

Token Sale Info
Token TXN
Token Type ERC20
Platform Ethereum
Price in ICO 1 TXN = 0.0005 ETH
Tokens for Sale 250000000
Investment info
Accepting ETH
Distributed in ICO 50%
Hard cap 100,000,000 USD

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