TRAXIA

In this discussion I will discuss about a very innovative project where this project can solve the problems below :

• $43 trillion USD in accounts receivable at any given day.
• Banks continue to argue liquidity problems to not finance SMEs.
• Trade Finance operations are expensive, bureaucratic and time-consuming.

Traxia is a blockchain solution to disrupt trade finance. There are $43 Trillion in accounts receivables at any given day, banks ‘only’ provide $3 Trillion in cash liquidity and we tap into this market potential.

In simple terms Traxia will allow SMEs to sell invoices (accounts receivable) to investors. This will provide liquidity to businesses by making accounts receivable into short term tradeable assets thus shortening the billing cycle.

An example of this would be:

1. A clothing manufacturer signs a deal with Nordstroms to deliver 1000 shirts. Nordstrom will pay the importer upon delivery of the shirts.
2. Manufacturer starts on the shirt project and estimates completion in 60 days. The manufacturer must pay employees and purchase supplies prior to payment.
3. The manufacturer uses Traxia to “sell” their Nordstroms invoice for 90% of the value.
4. The manufacturer receives payment from Traxia for the invoices.
5. 60 days later the clothing shipment arrives at Nordstroms and the investors receive payment from Nordstroms directly.

In this example the manufacturer received 90% of their payment 60 days in advance. This increased liquidity allows them to make additional deals, create more merchandise and grow their business faster.

Token Sale
Total TMT allocation for Token Sale is 60%, other 20% is for Team, 10% for Treasury, 5% Bounty and 5% to Advisors. The Pre-Sale is divided into 4 stages, starting with a discount of 40% and token price of 40% and finishing with no discount at 18th of April. In the first stage the minimum amount to participate is 10 ETH and then, from the 19th of March, the minimum becomes 0,01 ETH. For whom want to participate in the first sale but haven’t 10 ETH, I suggest to visit primablock.com web page and create a pool on Ethereum blockchain. Is possible contribute also with Cardano (ADA) and the cap could be reached during pre-sale, avoiding the public sale.
The 6th of June TMT will hit exchanges Trade.io and Gatecoin with which already there is an agreement.
The token sale system is fully compliant with rules regulation.
Total supply of 1,000,000,000 TMT and hard cap to hit is of 41.4 million dollars, to spend into 64% Loan Warehousing, 11% Business Development & Sales, 15% Smart-Contract Development, 5% Legal and Compliance and 5% Contingency Budget. It’s very important to note that the major amount is going to be spent in Loan Wharehousing for assuring Liquidity Provider activity and so the work of platform.

The undertaking is great organized and well idea, bolstered via Cardano people group through its venture arm Emurgo, victor of Slush Shanghai 2017 Edition prize. The advancement group, called LiqEase, has a great deal of records in propelling and executing computerized extends effectively for expansive companies or freely and with profound information of fintech world. At last, Miguel Solana from Santander Bank and Mr. Kapron from Citibank, bolster the undertaking, ensuring a long haul venture and enormous future achievement.

To know more about TRAXIA visit the link below :

• Home Page: https://www.traxia.co/
• Whitepaper: https://docs.wixstatic.com/ugd/baba69_30f719c55f344ab7ae44715a4d287811.pdf
• Telegram Group: https://t.me/traxiafoundation

My Bitcointalk : Gemse29