LITTLE ON TRAXION?
Traxion's vision is different; we focus on building ecosystems where business will be very friendly for the common good. Imagine
a world in which the business of profit fulfills a nonprofit
organization into a mutually beneficial overall crypto economy without
limiting and frictionless financial transactions.
Traxion focuses on building infrastructure for everyday users. Blocked environment changes how people do business by implementing data integrity, accountability, transparency, and trust.
Our
solution is a business-ready blockchain platform that means it's
scalable, unchangeable, authorized, and has all the need to implement
smart contracts, business provision and data visibility.
TraxionWallet
Combines our existing fintech and insurtech apps in one ecosystem. We
provide white-labeled wallets to business organizations that want to
move financial assets at zero cost through tokenization of their local
currencies.
TraxionChain
Creates inter-business blockchain solutions for closed networks. We
deliver customized business solutions to conglomerates requiring
interoperability, data integrity, and asset tracking within the supply
chain.
TraxionContract
Applies Smart Contracts on workflows for good governance. We can improve the integrity of information, improve performance management, and reduce wastage and corruption.
Traxion
aims to become a better bank in a block-based environment, enabling its
community to load, transmit, store, spend, lend, borrow, and use more
secure, simplified but appropriate applications. This is an
environment where nonprofits meet with the nonprofit sector and develop
synergies to corruption-free social impact activities.
Traxion has launched several products and services to prepare for this exciting event that involves a crowd in its mission. Traxion plans to have significant infrastructure in place before the initial coin offer (ICO). To date, Traxion has built four (4) out of six elements on a proposed economic scale: Payment Platforms, Wallets, Personal Finance Platforms and Fundraising Platforms. These
four platforms will soon be in TraxChain - connecting people to
effectively make payment transactions, lowering peer-to-peer lending and
remittance costs, transparently explaining the philanthropic activities
of nonprofit organizations and enabling insurance and investment to be
processed more efficiently using smart contracts . . Traxion
is building a crypto economy to survive, therefore, its focus will be
on scale, elimination of intermediaries, and the decentralization of
inheritance systems. To
achieve this goal, Traxion will offer white labeling platform worldwide
and connect it in distributed, authorized and secured blockchain. It will be used by banks, operators and agents in key jurisdictions to
process various fiat currencies and facilitate crossborder transactions
without requiring the opposing party while also allowing all players to
contribute to cause this blockchain trust. Traxion
aims to fill the gap between existing financial systems and emerging
non-user-friendly technologies by presenting a safe and simple way to
use banking payments and architectures aimed at lowering financial
inclusion barriers and providing financial services to owners and not
having stocks . Through
planned integration with the Master Card Service Provider, we will
build a wallet that lets our users store or transfer money to any card
in the world. The sender and receiver transact in local currency and does not
require awareness of cryptocurrencies or blockchain technologies. To achieve these objectives, an initial coin offering (ICO) will be made. Offer will be a virtual currency token known as Traxion Token or TXN. The
funds raised will be given as grants to foundations located in
Southeast Asia (Gava Foundation Foundation) to facilitate the
development of the Traxion project.
SUPPORT TRAXION ICO (Initial Coin Offering)
Traxion is
building a crypto economy to survive, therefore, its focus will be on
scale, elimination of intermediaries, and the decentralization of
inheritance systems. To achieve these objectives, the company will conduct an initial coin offering (ICO). The offer will be a virtual currency token known as "TraXion Token" (TXN).
During an
initial coin offering (ICO), the company will issue a virtual currency
token called Traxion (TXN) on the block operated by a smart contract.
We have chosen to do an initial coin offering, not an alternative way to raise money because initial coin offers not only allow us to participate onboard from different regions but also incentivize them to promote Traxion products through affiliate commissions. Second, tokens provide liquidity because they can be traded on various exchanges after ICO.
We have chosen to do an initial coin offering, not an alternative way to raise money because initial coin offers not only allow us to participate onboard from different regions but also incentivize them to promote Traxion products through affiliate commissions. Second, tokens provide liquidity because they can be traded on various exchanges after ICO.
TOKEN DISTRIBUTION
The initial generation of Traxion is programmed by a smart contract running on Hyperledgers and will be distributed as follows:• 50% of tokens (250,000,000 TXN) will be allocated to crowdsale 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 parent
company 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 its charity donation platform gavagives.com to be used for rewards program. Tokens
will be issued to both donors and charity organizations based on
certain conditions that will be stipulated in a smart contract. Conditions will be based on contributions (donors) and performance (charity org).
For more information on TraXion, please visit the link below:
Website : https://traxion.tech/
Whitepapper : https://traxion.tech/documents/Traxion%20Whitepaper.pdf
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