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Traxia Foundation [TMT]

ENDED: May 10, 2018

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Description

A B2B trade finance platform that allows SMEs to access short-term funding by using their accounts receivables as collateral.


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Sectors

Finance

Executive Summary

Thereare over$43 trillionofinvoicessitting incompanies'balancesheetswaiting tobepaid.TheTraxiaecosystemallowsthoseshort-termassetstobedigitized,tokenized andultimatelytobetradeableinadecentralizedmarket. Traxiaenvisionsasystem where Sellersuploadtheirinvoice,Buyers approve itwiththeirprivatekeys,IssuingProviders writeitintoasmart contract,LiquidityProvidersdistributecash liquidity,Listingproviders managethemarketplaceandInvestorstradethenewlycreateddigitalassets. Thinkofit asfactoringonablockchain.
Wehavebuilt arealusecaseusingLiqease LtdasourListing provider,Porsche astheBuyer,mediaman andVokDamns astheSeller andacorporate investor astheLiquidityProvider.Although, theEthereumblockchainhasbeenusedin this first caseto issue the smart contract, Traxia intends to build upon the Cardano blockchain. Traxia and LiqEase are the first investment of Cardano through their investmentarmEmurgo. 
(Obtained from ICO Whitepaper)

Documents


Whitelist and KYC

This ICO has a whitelist and a KYC (Know Your Customer) policy.

Timeline

Sale Ends

10th May 2018

The ICO/Token/Coin sale closes

Happened: 1 Years, 10 Months, 27 Days ago

Sale Starts

15th May 2018

The ICO/Token/Coin sale opens

Happened: 1 Years, 10 Months, 22 Days ago

TODAY

6th April 2020

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Financial Information


Ratings and Flags


Overall Rating

6.7
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