TraXion

Category: Business servicesPlatform

About

Transitions You To A Crypto-Ready Society

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.

Documents

Whitepaper

Contacts

TraXion by Pluma Technologies Ltd.

Ireland
Cork
Unit 3D North Point House North Point Business Park, New Mallow Road
support@traxion.tech

Milestones

  • 2018 April
    Initial Coin Offering.
  • 2018 April
    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.
  • 2018 September
    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.
  • 2018 December
    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.
  • 2019 February
    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.
  • 2019 December
    Peer-to-peer Lending. Wallet users will be able to lend to other users using TraXion KYC, Credit Score and Microfinance Solution.

Team

Board of directors

Ann Cuisia
CEO

Advisors

Phillip Nunn
International Blockchain Advisor
Yobie Benjamin
International Blockchain Partnership Advisor
Preston Junger
International Blockchain Advisor
Burton Crapps
Fintech Advisor
Krishan Grover
Business & Partnership Advisor
Anthony Pangilinan
Business & Partnership Advisor
Tony Herbosa
Finance and Investments Advisor
Randell Tiongson
Finance and Investments Advisor
Rafael Padilla
Legal & Compliance Advisor

Team

Tamer Maher
COO
Fernando Contreras Jr.
CTO
Bermil Espina
CIO
Jojy Azurin
CBS
Roberto Calida
CFO
Jason Dela Rosa
Head of DevOps
Raymonde Sawal
Marketing Head In Charge of UK
Iurii Znak
Marketing & Investment Consultant
Jourdan Sebastian
Market Influencer
Karl Del Val
Head of Marketing and UX
Christopher Asinas
Community Manager
Michael Samonte
Lead Developer

ICO information

ICO starts (UTC)
2018-08-01 12:00
ICO ends (UTC)
2018-08-31 11:59
Whitelist
Yes
KYC
Yes
Product status
Other
Est. product launch
12 months
Main competitors
Not specified
Payments
Ethereum

Token information

Symbol
TXN
Platform
Ethereum
Unsold tokens
Not specified
Token lock time
Not specified
Soft cap
Not specified
Hard cap
100 000 ETH
Circulating supply
250 000 000 TXN
Total supply
500 000 000 TXN
Max bonus/discount
Not specified
Token value
0.00035 ETH
Token issue
Not specified

Dates and stages

Stage Type Start date End date Amount Min. purchase / Amount from Max. purchase / Amount to
Round 1 (by date) 2018-08-01 12:00 2018-08-31 11:59

Financial distribution

40% Crowd Sale
20% Team
20% Reserve
5% Community
3% Rewards & Bounty
2% CSR
2% Seed
8% Pre-Sale

Ratings and reviews

TokenDesk rating
9.2
Reviewed and rated by
0 experts|0 members
Scanner
9.2
Scanner
9.2

No reviews yet. Be the first!

Add comment

You must be logged in to write a review.

Write a review

You must be logged in to write a review.

TraXion

Category: Business servicesPlatform
TokenDesk rating
9.2
Reviewed and rated by
0 experts|0 members
Scanner
9.2
Scanner
9.2
Platform
Ethereum
Token
TXN
Token value
0.08398 USD
Hard cap
23 993 898 USD
Payments
Ethereum

Write a review

You must be logged in to write a review.