We are on the age of modern science and technology. The internet is a significant invention of modern science. Now internet based businesses are growing up day by day on the online digital ecosystem. The online digital ecosystem’s driven force is cryptocurrency. The cryptocurrency is the digital asset or virtual currency which has value like money. The online ecosystems businesses are driven by the cryptocurrency. Now different cryptocurrency based platform are appearing in the online digital cryptocurrency industry. This platforms are using blockchain technology for their security and trust in the infrastructure. The Satoshi Nakamoto has invented blockchain technology in 2008. He introduced us with the Bitcoin and Bitcoin mining. He said that “Bitcoin is a peer to peer electronic cash system”. The Bitcoin is a cryptocurrency or digital currency which is the first application of the distributed public ledger technology known as blockchain technology. The TraXion is the world’s first transaction platform in the online digital ecosystem of the cryptocurrency industry.
The TraXion is a blockchain technology based payment platform in the online digital ecosystem of the cryptocurrency industry. It is a wallet and personal finance as well as a fundraising platform. The payment platform, wallet platform, personal finance platform and fundraising platform will be included soon on the TraXion chain which will be connecting people to effectively transact payments, lower the cost of peer to peer (P2P) lending as well as remittance, transparently account for philanthropic activities of non-profit organizations. This platform is enabling insurance as well as investment processed more efficiently using smart contracts technology. This platform is enforcing data integrity, accountability, transparency as well as a trust by building a decentralized ecosystem for the people from all over the world. This platform is enabling blockchain technology by creating a smart contract to serve scalable, immutable, and transparent and permission ecosystem. This platform is giving all the opportunities of blockchain in the transaction system with the help of the specialist’s team of this platform. They have created a TraXion token for the public interest by their smart contract technology of the blockchain. We can purchase TraXion token form this platform’s website. The website link for this platform is https://traxion.tech/. We can know the TraXion ICO information from the white paper of this platform which is already released. The whitepaper link of this platform is https://traxion.tech/documents/Traxion%20Whitepaper.pdf.
The key element of Traxion platform:
The TraXion is the blockchain technology based decentralized transaction ecosystem by enforcing data integrity, accountability, transparency, and trust. This platform is making our daily transaction easy and comfortable with their technology and expertise. The platform is offering TraXion Wallet, TraXion Chain, and TraXion contract. These are the key component of this platform. The Key elements of this platform are explained below:
TraXion Wallet: This platform has created TraXion Wallet for cryptocurrency storage and payment. This Wallet is enabling remittances, P2P (Peer to Peer) lending as well as a donation by implementing data analytics and a reward system. The TraXion Wallets are white-label wallets for organizations. The organizations can move financial assets at zero cost through tokenization of their local currencies by these white-label wallets. At the present, the TraXion Wallet is enabling a disbursement gateway for transfer of funds collected by non-profit organizations to their bank account. This platforms wallet can be used as a TraXion Pay model which is playing a big role in securing more market in the retail sector.
Traxion Chain: The TraXion platform is offering TraXion chain platform which is creating customized business solutions on the blockchain for conglomerates requiring interoperability, data integrity as well as asset tracking within their supply chain. This platform is giving blockchain smart contract solution that is scalable, immutable, transparent as well as permission.
TraXion contract: This platform is offering TraXion contract system. This platform is giving guarantee complete transparency as well as the integrity of information, improved performance management by applying smart contract. This platform’s TraXion Contract is reducing wastage as well as corruption. The website link for this platform is https://traxion.tech/.
Token overview of the TraXion platform:
The TraXion is a tokenize cryptocurrency based platform in the online digital ecosystem of the cryptocurrency industry. They already created TraXion tokens named TXN token. This token is ERC20 standard token using smart contracts of the TraXion blockchain. This platform has created a total 500, 000, 000 TXN tokens. They will use 250, 000, 000 TXN tokens for token sale. The token sale hard cap is 50, 000, 000 USD. The TXN tokens exchange price is 0.0007 ETH and exchanges hard cap is 45, 000, 000 USD. This platform’s pre-sale will start on May 1st, 2018 and end on May 31st, 2018. The crowd sale will start on June 15th, 2018 and end on July 31st, 2018. The private sale tokens supply is 10, 000, 000 TXN tokens with a 50% bonus offer. The Crowd sale token supply is 200, 000, 000 TXN tokens with no bonus. The pre-sale token supply is 40, 000, 000 TXN tokens. The pre-sale tokens bonuses will be in four tiers. It will be as flows:
Pre-sale bonus tiers:
Stage 01: 40%
Stage 02: 30%
Stage 03: 20%
Stage 04: 10%
The TraXion platform’s pre-sale period will be 4 weeks long and the main sale will 6 weeks long. If any token remains unsold that will be used for future sales. The token price is 0.001 ETH and hard cap is 100, 000 ETH. The website link for this platform is https://traxion.tech/
Token distribution process:
The TraXion platform will distribute them all tokens for different uses. The token distribution will be as flows:
• This platform will distribute 50% (250, 000, 000 TXN tokens) of total tokens for token sale which will be transferable after the end of crowd-sale.
• This platform will distribute 20% (100, 000, 000 TXN tokens) of total tokens for a team which will be locked for 12 months by the smart contract.
• The incentivize developers, partners, strategists and another member of the community will be distributed 5% (25, 000, 000 TXN tokens) of total tokens.
• This platform will distribute 20% (100, 000, 000 TXN tokens) of total tokens for TraXion parent company, Pluma Technologies Ltd as a provision for future expenses, partnerships, business development, marketing and strategic acquisitions. These tokens will be locked up for 12 months.
• The bounty program of this platform will be distributed 3% (15, 000, 000 TXN tokens) of total tokens.
• 2% (10, 000, 000 TXN tokens) of total tokens will be distributed for corporate social responsibility (CSR).
After the tokens sale of this platform, they will raise fund and use them for different development and program. They will allocate their fund for business development, platform development, operations, legal and compliance program of this platform. The fund allocation of TraXion platform will be as flows:
Conclusion: At the conclusion of this above discussion, I can say that the Traxion platform is giving the world’s best transaction services using blockchain technology and decentralized ecosystem. We can join this platform as early as possible to take all the advantages and opportunities that is giving by the TraXian platform. We can the ICO of TraXian platform to purchase their token and can become a beneficial investor in the cryptocurrency industry. You must hurry to purchase token before the time end of the token sale.
We can visit below links of the Traxion platform to know them more detail:
• Company Website: https://traxion.tech/
• Twitter Pages: https://twitter.com/traxiontoken
• Telegram Group: http://t.me/TraxionICO
• Reddit Profile Link: https://www.reddit.com/user/TraxionICO/
• Youtube Channel Link: https://www.youtube.com/channel/UC7dCqbfGAc_-2VZ1ZvNv2IA
• Medium Blog Link: https://medium.com/Traxion-tech
• Github Profile Link: https://github.com/Traxioncoin
• Facebook Page Link: https://www.facebook.com/traxion.tech/
• Bitcointalk ANN Thread: https://bitcointalk.org/index.php?topic=3043553.0
• Whitepaper Link: https://traxion.tech/documents/Traxion%20Whitepaper.pdf
• BitcoinTalk User Name: group.bdworkers
• BitcoinTalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1300411
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