TraXion - transitions you to a crypto-ready society. Ramon’s rating
I. Category & Industry
II. Description & White paper
III. Team, advisers & Road map
IV. Crowdsale
V. Expert and analytical evaluation
VI. Mentions in the media
VII. Author's opinion & Consolidated valuation
The modern distribution of cryptocurrency in the world and the constant involvement of new people - allows us to give confident predictions about the future of the system of digital money. Prospects for the development of cryptocurrency look unequivocally rosy, because they obey the natural laws of supply and demand, and with the increase in the number of those who want to buy - emission doesn't increase.
Consider online forecasts of cryptocurrencies in most cases is meaningless because they can indicate the most futile projects. Even the best experts from around the world can't predict the exact highs and lows, which is why it is better to be guided by the available charts and own knowledge in the global economy.
Specify unambiguously which of the most promising cryptocurrency is practically impossible, because there are likely to be several more leaders in the coming years. The total number of popular tokens can't be named, because each platform-site offers its own capabilities and unique advantages.
For most people, the cryptocurrency markets seem to be a phenomenon of the future. Because of the lack of study of the sphere, many people invest money here, which leads to various consequences. On the difference in the cost of tokens, people have won and lost whole fortunes, and large organizations often remain only as investors.
Even the biggest skeptics of investing in Bitcoin don't indicate a number of design features. Modern international payment systems greatly overstate the prices for services, and these financial organizations work quite slowly and inconveniently. Maybe Bitcoin and Ethereum can't replace the current giants in payment systems, but they will definitely give the opportunity to create new benefits for users.
Soon it will be possible to use all kinds of altcoins as an official means of payment. This development perspective of the cryptocurrency is becoming more and more real day by day, and the growing interest from political and banking systems from around the world favors this.
In this blog, I want to tell about new and promising project - TraXion, a payment platform that will provide favorable conditions for making payments, with a reduced cost of P2P lending and transfers, provide a transparent account of the charitable activities of non-profit organizations, and also offer the most effective terms of insurance and investment through the use of Blockchain - technology and smart-contracts.
Traxion (https://traxion.tech/) 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!
The TraXion Whitepaper (https://traxion.tech/documents/Traxion%20Whitepaper.pdf), 47 sheets - is very good prepared in all parts. It has all detailed information. Also, there is all necessary information for the buyer of tokens.
TEAM:
Ann Cuisia (https://www.linkedin.com/in/ann-cuisia-93903013b/), CEO.
With her 20+ years of information technology experience, she has led several women startup founders. Prior to entrepreneurship, she has advanced in the corporate scene of banking and finance and have spent a good number of years in payments and donations. She has been a pioneer in the Philippines for helping non-profit organizations achieve its digital transformation and online giving facilities. She is passionate about social impact and is now leading the whole TraXion direction on blockchain for the common good.
Tamer Maher (https://www.linkedin.com/in/tamermaher/), COO.
Possesses 20+ years of experience in the software field, ranging from working as a software developer, project manager, product manager, scrum master, Chief Technology Officer, and VP Of Finance and Operations. Tamer has worked on consulting in different industries on different scales and helped numerous companies and entrepreneurs turn their business ideas into successful working companies. He also has global experience working with companies in US, Europe, and MENA region. In addition, he is PMP certified and holds an MBA.
Fernando Contreras Jr. (https://www.linkedin.com/in/fernandoc3/), CTO.
Fernando Contreras Jr. is a serial entrepreneur with over 30 years of experience in electronics and open source technology. He founded IPhil Communications, one of the first Internet service providers in the Philippines, and several companies including Imperium Group of Companies. He was a founding member of and held top positions in various trade and industry groups on Internet services and open source related technologies, was recognized by both local and international press on his work and achievements, and was part of the Top 10 Most Influential Filipinos on the Internet.
The executive team and advisors are driving force behind TraXion business development.
The core team consists of talented IT-professionals from developments to design and customer service. Also the team consists of blockchain industry professionals.
The team of advisors consists of outstanding professionals in the field of blockchain, development, communications, finance, law, crypto exchange and other areas.
MAIN ADVISORS:
Phillip Nunn (https://www.linkedin.com/in/phillip-nunn/), International Blockchain Advisor.
An entrepreneur and a well-known online influencer in the Blockchain and Cryptocurrency world. With more than 15 years’ experience in financial services, Phillip specializes in wealth management, angel investment, commercial property investment and financial technology. He has served in the advisory boards of many Blockchain companies, and is an international speaker on Blockchain, Cryptocurrency, and Financial Technology.
Yobie Benjamin (https://www.linkedin.com/in/yobie/), International Blockchain Partnership Advisor.
Founder of Token Inc. and Chief Technology Officer of ClickSWITCH, Yobie founded TokenOS, an operating system for open banking that features smart tokenization. He also leads technology development for cloud-based financial software company ClickSWITCH and cofounded virtual reality software company Avegant. In addition, he was invited as a technology pioneer for the World Economic Forum in 2015.
Preston Junger (https://www.linkedin.com/in/prestonjunger/), International Blockchain Advisor.
Former early Yelp employee, previously worked for Yahoo!, IAC, Apple and currently is Co-Founder of Mile Square Labs, working with domestic and international startups on sales operations and growth objectives. He joined Yelp in 2008 as hire #82, opening & expanding the first NY office, bringing the company through IPO & growing Yelp to 4,000+ global employees as VP of Brand Solutions. Preston has a B.A. from the Univ. of Vermont and is an active growth partner & independent board director with several accelerators, traditional tech and blockchain/ICO companies.
The Road map of the project is well detailed. Everything is painted quarterly, step by step, from 2018 to 2019 years.
PARTNERS:
- IBM (https://www.ibm.com/blockchain/hyperledger.html)
- Gavagives (https://www.gavagives.com/)
- Bayanihealth (http://www.bayanihealth.com/homepage/)
- Azurrance (http://www.azurrance.com/)
- Parachure (https://parachure.com/)
- Globallinker (https://www.globallinker.com/login)
- Seacoop (https://www.seacoop.ph/)
Token name: TraXion (https://traxion.tech/)
Ticker: TXN
PLATFORM: Ethereum
Token Sale Period: Pre-sale: May 1, 2018 - May 31, 2018; Crowdsale: June 15, 2018 - July 31, 2018
Total supply: 500,000,000 TXN
Total for sale: 250,000,000 TXN
Token Price: 1 TXN = 0.001 ETH
Hardcap: 100 000 ETH
PAYMENT METHOD: ETH
Country: Philippines
Whitelist/KYC: YES
*Residents from the United States of America, China, Cuba, Sudan, Iran, and North Korea are not currently permitted to participate in the token sale. Only Accredited Investors from the aforementioned countries are allowed.
- ICObench (https://icobench.com/ico/traxion) - 4.8
- ICOholder (https://icoholder.com/ru/traxion-19296) – 4.53
- Foxico (https://foxico.io/project/traxion) - 8(4)
- Trackico (https://www.trackico.io/ico/traxion/) - 4.3
- Foundico (https://foundico.com/ico/traxion.html) - 7.3(3.65), lowest estimate
- ICOlink (https://icolink.com/ru/ICO-traxion.html) - 4.89
- ICOmarks (https://icomarks.com/ico/traxion) – 8.6(4.3)
- ICOmonitor (https://icomonitor.pro/ico/traxion) – 4.7
- Tokenoid (https://tokenoid.io/ico/TraXion) – 4.8
- ICOcreed (https://www.icocreed.com/ico-traxion-token-ico-76.html) – 4.9
- Forico (https://forico.io/icos/traxion) – 4.8
- ICOplum (https://icoplum.com/ico-traxion-review) – 4.9
- Wiserico (https://wiserico.com/ico/traxion-project) – 5, highest estimate
- Coooins (https://coooins.com/ico/2405/traxion) – 4.82
- ICOcatcher (https://icocatcher.com/icos/2351-traxion) – 96(4.8)
- Coinspectator (https://coinspectator.com/news/298392/crypto-bank-in-a-wallet-platform-traxion-launches-an-ico-and-seals-a-co-op-deal)
- Bitcoinist (http://bitcoinist.com/crypto-bank-wallet-platform-traxion-launches-ico-seals-coop-deal/)
- Bittox (https://bittox.com/2018/03/11/crypto-bank-in-a-wallet-platform-traxion-launches-an-ico-and-seals-a-coop-deal/)
- Coinworldstory (https://coinworldstory.com/traxion/)
- Coinhills (https://www.coinhills.com/ico/view/traxion/)
- USfinancialnewstoday (http://www.usfinancialnewstoday.com/story/157237/crypto-bankinawallet-platform-traxion-launches-an-ico-and-seals-a-coop-deal.html)
- Cryptocurrencies.space (https://cryptocurrencies.space/crypto-bank-in-a-wallet-platform-traxion-launches-an-ico-and-seals-a-coop-deal/)
- Weny (http://www.weny.com/story/37589402/crypto-bank-in-a-wallet-platform-traxion-launches-an-ico-and-seals-a-coop-deal)
- Bitnews (https://bitnews.one/government/2018/02/26/31174-crypto-bank-in-a-wallet-platform-traxion-launches-an-ico-and-seals-a-coop-deal-us-financial-news-today.html)
My consolidated valuation is consisted of:
v1 - weighted average, except for the highest and lowest estimates “Expert and analytical evaluation”:
4.8 + 4.53 + 4 + 4.3 + 4.89 + 4.3 + 4.7 + 4.8 + 4.9 + 4.8 + 4.9 + 4.82 + 4.8 = 60.54/13 = 4.66
v2 - my weighted average evaluation: 1) WEBSITE-4.5 ; 2) WHITE PAPER-4.5; 3) TEAM-4; 4) ADVISORS-4.5; 5) VISION-4.5; 6) PRODUCT-4.5; 7) CROWDSALE-4; 8) MEDIA-4.5; 9) PARTNERS-4.5; 10) The current position of the global crypto-currency market-4;
4.5+4.5+4+5+4.5+4.5+4+4.5+4.5+4=44/10 = 4.4
Final “Ramon’s rating” for TraXion ICO = (v1 + v2) / 2; 4.66+4.4= 9.06/2 = 4.53
4.53 of 5.0 points – excellent score, obtained on strict criteria and impartiality and also taking into account the current state of the global crypto-currency market.
The TraXion platform (https://traxion.tech/) builds an infrastructure for everyday users by enforcing data integrity, accountability, transparency, and trust through the use of Blockchain - technology. These features are beneficial to all kind of businesses enabling them to earn higher returns, hence I would invest in the project.
I advise all fans of modern technology to carefully study the project and monitor the dynamics of the passage of the ICO. This project is a good investment opportunity for all us!
Bitcointalk username: Oleh Khoroshko
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1559660
Source: https://traxion.tech/
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Thank You!
Hi, robot! You're right. I pointed the link to it, this material can't be changed, otherwise, the sense of the review will be lost!
Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://traxion.tech/
Hi, robot! You're right. I pointed the link to it, this material can't be changed, otherwise, the sense of the review will be lost!
I still find that I can only use Crypto as an asset; I still think of it in terms of how much it's worth in United state dolars. Do you actually believe that we can get into a system of money where all that matters is Crypto and not the US dollar or any other government sponsored form of money? Or is it always going to be how much in fiat currency is this worth?
If crypto has already become a valuable asset, then this is a unit of value, and therefore part of the financial ecosystem! Isnt it? We are no longer on the verge of discovery - we are already in a new digital age!=)
If that's so, then why hasn't the government-built money system just gone poof?
Transition period! Cryptocurrency is not decentralization=)
This is US centralization! Or, rather, the ruling elites - transcorporations ;)
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