Cryptocurrencies: 12535
Markets: 58853
Market Cap: $956,401,492,414     
24h Vol: $56,790,229,397
1 Traxia Membership Token (TMT) Rank 3452
$0.076533
Traxia Membership Token (TMT) Rank 3452
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0 TMT

Traxia Membership Token (TMT)

Traxia Membership Token (TMT)

TMT

Traxia Membership Token (TMT) Price
$0.08

Traxia Membership Token (TMT) 24h Vol
$47,791

Traxia Membership Token (TMT) Market Cap
$0

Traxia Membership Token (TMT) Circulating
0

Full Name
Traxia Membership Token (TMT)
Symbol
TMT
Algorithm
ETH Token
BTC Price
0.00000137 BTC
BTC Market
0 BTC
BTC 24h Vol
1 BTC
Total Coins Mined
0 TMT
1h
0.85 %
24h
-5.74 %
7d
-12.45 %
Charts

Traxia Membership Token (TMT)
Traxia Membership Token (TMT)

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.

Full Name Traxia Membership Token (TMT)
Start Date N/A
Algorithm ETH Token
Proof Type N/A
Website traxia.co/
Twitter @TraxiaNetwork
Facebook www.facebook.com/TraxiaFoundation/
Reddit www.reddit.com/r/traxia/
Block Number N/A
Block Time N/A
Block Reward N/A
Total Coins Mined N/A
Previous Total Coins Mined N/A
Net Hashes Per Second N/A
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 docs.wixstatic.com/ugd/baba69_f604ea0132b34cd2bf46fd89948a6e47.pdf

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