OriginTrail is not a company, it is an ecosystem. It’s based on token economy with direct
relations between users and network nodes free of arbitrary fees. Contribution to OriginTrail ecosystem is a pledge towards more transparent, collaborative, fair and trusted supply chains.
TRAC token ICO was held on 15 JAN – 17 JAN which means it is a relatively new token and has not had much of an exposure yet.
Meet TRAC token
OriginTrail is the first purpose-built protocol for supply chain based on the blockchain. Trace (TRAC) is a utility token that enables data operations on the OriginTrail Decentralized Network. It's functions are the following:
Incentive for nodes for performing:
Discover & connect functionalities
Supply chain consensus checks
Data quality checks
Data replication checks
Data storage & management
Filtering & delivering supply chain data
Voting rights for token holders (on the next pilot projects)
Applications where OriginTrail’s
protocol delivers value are:
● product authentication,
● product journey visibility,
● product recall efficiency,
● product freshness for perishables,
● chain of custody with accountability,
● CSR activities support,
● supply chain mapping and optimisation,
● inventory management,
● alert systems (exception management),
● supply chain compliance assurance,
● customs, audit and regulations process optimisation,
● and any other supply chain application that requires transparent supply chain
as a starting point.
Why am I choosing https://origintrail.io/ as an investment?
✓ As the ICO just sold out 2 weeks ago this one has got relatively small exposure. We see tens of other ICO´s announcing their "amazing" solutions and people just can not cope with selecting real ones which I truly believe this is.
✓ OriginTrail can be the biggest ecosystem in retailing.
✓ OriginTrail – Winner of Walmart 2017 Food Safety Innovation Award
✓ Their roadmap states that they started with this project in 2013. They have had a lot of time to learn and progress.
✓ Since the release of their token it has only gained 2.75x (USD) gains. Since the release TRAC has been growing steadily and throughout the crypto "bloodbath" it has stayed pretty stable.
✓ High volume
✓ Low marketcap, no major exchange listings yet
✓ Many signs point to blockchains being the most promising gainers in 2018
Where did I buy TRAC?
I used EtherDelta. The negative thing about EtherDelta is that you have to pay 0.001ETH fee every time you want to move coins from exchange to your wallet or vice versa. Compared to the potential out there it is worth it in my opinion.
Final words
I am sure I did not cover enough for all of you to jump into it right away and that is why I suggest to first visit their website. It looks incredible and easy to use and yet it gives you so much information at first glance.
Circulating Supply: 254,507,606
Total tokens: 500,000,000
All of TRAC's surprises,developments and plans is worth waiting for!