Traxia

First project invested by Cardano Core team (Emurgo)

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ICO Active ICO

Ends in 10 days

Time: 01.05.2018 - 02.06.2018

PROJECT DESCRIPTION

Traxia is a B2B trade finance platform that allows SMEs to access short-term funding by using their accounts receivables as collateral. Institutional investors can buy and trade this newly created tokenized debt securities on a global market.

How does it actually work?

 

1) A Small Medium Enterprise (SME) creates a profile and Uploads their invoices with a large multinational company (MNC) to the platform.

2) The MNC verifies the invoice and if in agreement with the terms, accepts the debt by using their private key.
3) We create a digital asset (smart-contract) out of that invoice - this debt security can now be traded.
4) Institutional investors make an offer to buy this debt security at a discount

  • First project invested by Cardano (through Emurgo investment arm)
  • Targets a global $43 trillion market
  • First use-case with Porsche Design in China
  • Platform up and running (second version in April 2018)

TOKEN DETAILS

Token Sale Liquidity Pool Team Treasury Bounty Advisor

Traxia Membership Token (TMT) is the utility token issued by Traxia Foundation (Swiss law) that gives access to our ecosystem.

Each time an Issuing Provider adds a new invoice to the system, TMT has to be purchased at an exchange to settle access fees.

  • Token Name TMT
  • Platform and Token Type Ethereum ERC20
  • Price per token 1 TMT = 0.055 USD
  • Hard cap 15,100,000 USD

TEAM

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Tobias Pfütze co-Founder & CEO
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Florian Zeim co-Founder & Product Development
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Jean Michel Lied Lied CTO
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Bruno Botelho CMO
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Sebastien Cheng Business Development Executive
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ADVISORS

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Mauricio Benitez Director at BDO China
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Bernd-Uwe Stucken Attorney at Law in Pinsent Masons
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Carl Wegner Managing Director, Head of Asia at R3
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