TRAXIA Cardano First Based on Blockchain




What is TRAXIA? 

TRAXIA is a new crypto project that works on cardio (ADA) blockchain, decentralized, scalable, open source and customizable with smart contracting.
Traxia is a fintech platform that aims to ensure liquidity for small and medium enterprises (SMEs) that are difficult to access on credit.
The idea comes out of real-world real-world difficulties where the Bank only finances 7% of short-term assets, very useful for SME expansion.  Then, how SMEs can immediately access credit that disrupt the bank's ecosystem

SMEs must digitize and upload their invoices (to pay 60/90/120 days) into the system and let professional investors redeem it, turning invoices into digital assets. Instantly and by only using private key, SMEs confirm the accuracy of the invoice and receive a minus Fiat commission.  
On the other hand, who wants to be technology project partners that streamline this process, ensure transactions, earn commissions.  In technology partners, there are liquidity providers such as funds (ie), which finance operations in the first place that receive TMT tokens and then resell them on the market to smaller Investors, earning spreads.  In the same flat, there are professional investors who go into the market of commercial invoices (digital assets) trying to get margin.

What's wrong with the ICO?


At present the ICO includes four presale rounds that offer 40% of the total token inventory to be sold.  The token base price is $ 0.15 and can be purchased with ETH or ADA.
The first round of presale is currently open and offers 22% of total offer with a maximum discount of 40%.  This discount is available until March 18 and requires a minimum contribution of 10 ET and limits the individual to a maximum of 1000 ETH.
The second round of presale lasts from 9 to 9 April and offers a 20% discount.  The minimum contribution is reduced to 0.1 (or the ADA equivalent).  This round offers 18% of total supply for sales.
It seems that the third and fourth rounds will sell the remaining tokens from the first two rounds with a 10% discount followed without a discount.  If required, round 4 will end on 2 June.  Max individual cap lifted for round 4.
Hardcap from token sales is $ 41.4 million and no soft stamp.
According to whitepaper a total of 60% of total TMT tokens will eventually be sold to the public.  According to CMO Bruno Botelho an additional 20% will be sold to create additional capital if needed and will likely not be sold within the first 3 years.
Unsold tokens will be burned.

Token will be distributed at the closing of the crowd, when hardcap is reached or on 2 June.
Team members, early investors, strategic advisors and partners will have 60% of their tokens locked for 12 months and the remaining 40% locked for 24 months.  Treasury funds will also be locked for two years.

Supply Marketcap & Token


The hardcap project will have a marketcap of about $ 41.4 million (400 million TMT) if no additional tokens are released at that time.  In the current ICO environment, the calculated marketcap is on the high side.  The high amount of funds needed to fund properly the loan warehouse that is being implemented by Traxia.
The loan warehouse will allow Traxia to buy its receivables and hold it until it is bought back by the buyer.  In the early stages of the project, the warehouse will play an important role in matchmaking and prevention of ecosystem congestion.
Total token supply is 1 billion TMT.

Conclusion 
The project is well structured and thought out, supported by the Cardano community through its investment arm Emurgo, the 2017 Slush Shanghai 2015 Edition prize winner.  The development team, called LiqEase, has many notes in launching and executing successful digital projects for large corporations or independently and with an in-depth knowledge of the fintech world.  Finally, Miguel Solana from Santander Bank and Mr. Kapron from Citibank, supporting the project, ensures long-term investment and great success in the future.
Further information can be found through the links listed below:
ETH Address:  0xF2B7D5A0FD2b73098c8b0a3d547eced82C76BDD5

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