Traxia - a fintech platform aimed at securing SMEs' liquidity with low credibility



Welcome 'on this blog I will review a little about Traxia project.

What is Traxia's project?

 TRAXIA is a new cryptographic project that can be adapted to chain of cardio block (ADA), distributed, scalable, open source, smart contract. Traxia is a fintech platform aimed at securing SMEs' liquidity with low credibility. The idea was born out of real-world trouble, the bank raised 7% of short-term assets and greatly assisted the expansion of small businesses.

 How can small businesses quickly access credit that destroys bank ecosystems? 

 Trade financing
  • Actors: Focus on actors in the financial supply chain.
  • Objectives: Cash to Cash Cycle = Average Trading Period + Beneficiary Period - Loan.
  • Condition: capital cost = amount * period * tariff of capital cost.
  • Traditional trading finance products: factoring, letter of credit, supply chain finance (SCF), securitization.
Problems encountered:
  • Receivables amounting to 43 trillion dollars on certain days.
  • Banks continue to discuss the issue of liquidity, rather than financing small and medium enterprises.
  • Financial trade operations are expensive, bureaucratic and time-consuming.
Give TRAXIA solution
  • Global decentralization
  • Invoices are converted into smart and traded contracts.
  • Seller and buyer will continue to receive payments at Fiat.
SMEs need to digitize invoices (to pay 60/90/120 days), upload them to the system, invoice professional investors to create digital asset invoices. Immediately using a secret key, a small business can confirm the accuracy of the invoice and receive a negative Fiat charge.
On the other hand, who wants to be a technology project partner that streamlines this process, securing transactions and earning commissions?  Technical tie-up firms have liquidity providers, such as funds that fund operations that receive TMT tokens, are sold to small investors in the market, and earn spreads (ie funds).  In the same flat, there are special investors who seek to gain by entering the commercial invoicing market (digital assets).

What's wrong with the ICO?

Currently ICO includes four presale rounds that offer 40% of total token inventory for sale.   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 ET.
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's individual hat is lifted for round 4.
Hardcap from token sales is $ 41.4 million and there is 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 June 2nd.
Team members, initial investors, strategic advisors and partners will have 60% of their tokens locked for 12 months and the remaining 40% locked for 24 months.   The Treasury Fund 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-constructed and thought out, supported by the Cardano community through the investment arm of Emurgo, the 201de Slush 201de Edition 201de winner.   The development team, called LiqEase, has many notes in launching and executing successful digital projects for large companies or independently and with an in-depth knowledge of the fintech world.   Finally, Miguel Solana from Santander Bank and Mr.  Kapron from Citibank, who supports the project, ensures long-term investment and great success in the future.

More information can be found through the link below:
Telegram Group:   https://t.me/traxiafoundation
My profil:  https://bitcointalk.org/index.php?action=profile;u=980024
ETH address : 0xd4BF60ac9b7D4978a2be8a19CA2BF129C5ac327d

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