The following is an opinion based article, always do your own research. This is not investment advice.
Traxia is trade financing platform aimed at fast moving consumer good invoice factoring built on the Cardano platform.
Besides the technical knowledge an expertise that I outline in my other articles, I see two important aspect here that could result in potential ROI.
1 - Trade financing on the blockchain
2 - Cardano
1- Trade financing is already a hot topic for blockchain enthusasist. A distributed, transparent, and immutable ledger is the perfect home for company’s financials. A company’s ability to obtain a loan is almost entirely based on their historical performance. For example, would you loan your money to Nike or the brand new shoe company out Vietnam? There’s an obvious risk to reward ratio here but in general, your money is safe with the established companies.
But what happens when the start up in Vietnam has had 3 years of impeccable financials. They are growing their trust by performing, but their name has not reached mainstream. As an individual investor, this company may be hard to trust based of their word. Luckily the blockchain characteristics and the Traxia ecosystem provide a transparent opportunity to trust the facts. If you can see the companies historical performance, and you can trust it is immutable, then you have more reason to buy their invoice.
2 - The second aspect is equally as important to potential ROI for investors. Traxia is one of the first ICOs to be built ontop of the Cardano blockchain.
Cardano, in my opinion, has one of the most professional and scientific approaches to developing blockchain technology. Releasing products is the end goal but the process of studying is more important to Cardano. Just because a blockchain can be built, consensus can be made, smart contracts can execute, does not mean a chosen approach is the best. Cardano’s scientific method of peer review and study is pushing out some of the most in-depth research in the blockchain space. While this means the project moves slowly, it instill trust that whatever is released is the best option possible.
Historically the first Dapps built ontop of platforms other then Ethereum do extremely well.
For example, Medibloc built ontop of Qtum reached a peak of 850M marketcap, while Ontology built ontop Neo reached a peak marketcap of 950M. Developers are moving past Ethereum and building out the web 3.0 on all platforms. My guess is anything built ontop of Cardano has enough hype around it for token price to appreciate.
In conclusion, there is lots of hype around invoice factoring and Cardano blockchain, add in the fact that Traxia has a working product with Liqease, I see some serious potential for a ROI. What do you think?