Today we will talk about another perspective project, that is called Traxion ICO. The team of Traxion is going to change the understanding of a modern financial system. They are going to create an ecosystem, where the traditional banking and blockchain will be combined. The Traxion ICO is so ambitious, that they are launching four different products.
The first one is the Payment platform, that was launched in the middle of 2017. The main advantage of this platform is the usage of more than 20 different payment methods. So the https://traxionpay.com provides a little bit more, than just a payment via credit card.
The second very interesting product is the fundraising platfrom named Gavagives. You can check it out by yourself here: https://www.gavagives.com . The goal of Gavagives is to help to collect funds for the non profit organisations. This website is very user friendly and simple to use. Moreover, it also allows up to 20 payment methods. According to the Whitepaper Gagagives is cooperating with more than 120 NGOs and it already helped to collect more than 1 million USD for children in Philippines.
The next exciting feature of Traxion ICO is that they are going to create their own wallet, where you will be able to store your funds and in the near future, they will implement the trading function, so you will simply exchange your tokens and trade with different crypto currencies directly in your wallet. The fourth product is going to be the personal financing platform and will be launched soon.
The Traxion ICO is not just simply another financial system on blockchain. It is something bigger behind this project. They launched the fundraising platform for NGOs, which is a very generous and charitable idea. Traxion project will launch their own blockchain, which is going to be one of the fastest in the world. The average transactions speed will be about 100,000 transactions per second! If you are not so familiar with crypto world, we could make an example. The most popular cryptocurrency, the Bitcoin, achieves 7 transactions per second. The more modern one, which is called Ethereum, achieves 20 transactions per second. Now, you see the difference. The goal of the Traxion ICO is not just create four products and enter the financial sector with them. They want to make a revolution in the financial industry by reducing the costs, bringing more safety and transparency with blockchain technology and increasing the transaction speed.
Furthermore, as a part of the Roadmap, the Traxion team wants to make two very clever and amusing partnerships with companies that everybody knows. The first partnership is going to be the MasterCard. The users of Traxion Token will be able to directly convert their digital assets to their MasterCard balance, that would be absolutely amazing. The second partnership will be made with IBM. The strategic partnership with such an IT giant will help to improve the technical aspects and to use the IBM connections in the financial sector.
All of the Traxion platforms will run on the Traxion token or TXN. The total supply is 500 million tokens and 250 million will be available for purchase during all the ICO stages. The pre sale stage of Traxion ended with a big success and the main token generation event is already live! The main stage will last till the 31 of July. The price for now is 0.00035 Ethereum per 1 TXN token. The minimal contribution is 0,2 Ethereum.
All in all, the Traxion ICO, is one of the most popular projects at the moment. Moreover, they have already some working and successful products and not only pictures on the Whitepaper. By the end of 2018 we will see the working Traxion wallet with an integrated trading feature. Furthermore, the Traxion ICO is one of the best rated projects on the ICOBench. They got 4,6/5 and were rated by 28 experts. If you would like to participate, than you need to hurry, because the clock is ticking and you have only 20 days left!
Official website: https://traxion.tech
Whitepaper: https://traxion.tech/documents/Traxion%20Whitepaper.pdf
Blog: https://medium.com/traxion-tech
Twitter: https://twitter.com/Traxiontoken
Facebook: https://www.facebook.com/traxiontech/
LinkedIn: https://www.linkedin.com/company/traxiontoken/
Youtube: https://www.youtube.com/channel/UC7dCqbfGAc_-2VZ1ZvNv2IA
Telegram: https://t.me/TraxionICO
Github: https://github.com/Traxioncoin
Reddit: https://www.reddit.com/r/TraXion/
ANN on Bitcointalk: https://bitcointalk.org/index.php?topic=3043553.0
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