All these years, it seems there are a different gap and separation between the business and the common goods (or users). But Traxion is about to change it by creating a system that can connect the two. By bridging the two worlds, the development team believes that they can bring more functions and usage to the platform. After all, this is the digital era and transformations have happened. If they can include more technologies and bring more services in one platform, then why not?
Creating a Bridge
All these years, it is believed that business and customers are completely separated, but Traxion is about to prove that it is wrong. What if business and common goods can work together? A lending program is one of the examples. What if a business owner needs fresh funds and someone (having the finance) wants to invest in the project? This decentralized peer-to-peer system will beneficial for both parties.
First of all, the peer-to-peer relationship will present equal and fair opportunity. The business owner can get the fresh funds without having to deal with the complication of the traditional banking system. The investor will have the chance to expand his investment portfolio and save his money on something he likes (and trusts).
Another scenario that involves business and common goods is the fundraising sector. When a business wants to donate the money, he can send the money to the wallet where the money will be saved in the escrow. To make sure that the money is channeled to the right recipients, the donator can have a set of rules or conditions. When the conditions are met, then the funds can be released.
How Traxion Changes the System
In the traditional banking system, these two scenarios were difficult to implement. Those who want to participate would have to go through difficult and complicated processing to prove their credibility and trustworthiness. But thanks to the most current technologies, it is possible to create a trustless ecosystem. No need to go through complicated checking or procedures anymore. The participating parties only need to create a smart contract and seal the deal in Traxion blockchain system.
Blockchain system encourages open and transparent platform. Each user creates its own network which will make up a bigger network. If you try to cheat, you need to override the whole network – which is kind of impossible. Top it off with the smart contract, and you can have a detailed and written contract laying out everything. Since everything is written in details, frauds and scams can be prevented.
TXN Tokens
Since this platform is about a decentralized system, which means that there won’t be any superior ruler and middlemen, TXN token is needed. The token is offered in the token sale to generate funds. 1 TXN is equal to 0.00035 ETH. During the private sale, 10 million tokens are available with 50% bonus. During pre-sale event, 40 million will be made available with bonuses ranging from 40% to 10%. And during crowd sale, 200 million will be available but there won’t be any bonus. Investors wanting to invest their money in Traxion should plan when they are going to buy the tokens.
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ETH: 0xba2ee0c2Da9c2214bC4f7C0c35BbD7539b313276
