TRAXIA Rank 748
$0.001976
TRAXIA Rank 748
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500,000,000 TMT

TRAXIA
TRAXIA
TMT

TRAXIA Price
$0.00

TRAXIA 24h Vol
$93,665

TRAXIA Market Cap
$987,811

24h Vol
9 BTC
1 H
0.04 %
24 H
0.55 %
7 d
-5.64 %
Today TRAXIA price in US dollars is currently 0.0020 USD, and if converted to Bitcoin is 0.00000019 BTC. A total of 95 coin's are currently circulating in the Market. TRAXIA prices are currently experiencing a change of 0.55 %, check all cryptocurrency. Over the past 24 hours 0.001 M US dollars TRAXIA has been traded on Crypto Exchanges. Get TRAXIA's progress by adding it to your favourites and creating a free portfolio if you wish.
Full Name
TRAXIA
Symbol
TMT
Algorithm
ETH Token
BTC Price
0.00000019 BTC
BTC Market
95 BTC
BTC 24h Vol
9 BTC
Total Coins Mined
500,000,000 TMT
1h
0.04 %
24h
0.55 %
7d
-5.64 %
Twitter
Facebook
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Description

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. TMT is an ERC20 utility token that serves as a currency on the Traxia platform.

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

5) The Investor who bids the lowest discount acquires the debt security token by paying the SME in a Fiat currency.

6) The Investor now owns the security. He can also trade it on a secondary market.

7) On the due date, the MNC pays the investor or the current holder of the debt security back in fiat currency.

ICO Details

ICO Details


)

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. TMT is an ERC20 utility token that serves as a currency on the Traxia platform.

Team:

  • Tobias Pfütze: co-Founder & CEO. 
  • Florian Zeim: co-Founder & Product Development. 
  • Jean Michel Lied: CTO. 
  • Bruno Botelho: CMO. 
  • Sebastien Cheng: Business Development Executive. 
  • Armin Bieser: Senior Management and Strategy Support. 
  • Jerome Eger: Business Development (Institutional Investors). 
  • Alexander Feenie: Business Development. 
  • Joyce Gu: Senior Sales Support. 
  • Miguel Solana: Product Strategy and Europe. 
  • Jonas Tang: Senior IT person.

Traxia Membership Token will be holding its ICO on May 1st, 2018. The ICO token supply represents 40% of the total token supply, so there will be a total of 400,000,000 tokens available, for 0.055 USD each at the offering. The ICO funding cap is 15,100,000 USD and is expected to end on May 9th, 2018 or when the funding cap is reached.

Token Reserve Split (60%):

  • 20% Liquidity Pool;
  • 20% Team;
  • 10% Treasury;
  • 5% Bounty;
  • 5% Advisor;
ICO Status Ongoing
Token Supply 1000000000
Start Date 2018-05-01
End Date 2018-05-09
Fund Raised (BTC) 13,000,000 USD
Fund Raised (USD) 13000000
Start Price (USD) 0.055
Security Audit Company N/A
ICO Legal Form Foundation
ICO Jurisdiction Switzerland
Legal Advisers N/A
Blog https://blog.traxia.co/
White Paper https://docs.wixstatic.com/ugd/baba69_f604ea0132b34cd2bf46fd89948a6e47.pdf

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