What is Traxia? (Plans to build on Cardano Q4 2018?)

English General Discussions
21

http://cardanoroadmap.com/ you see the liqease project
liqease.co (Hong Kong) = Traxia Foundation (Zug, Swiss)

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22

Thank you @Adafans_io that is exactly the kind of information I am looking for.

23

Please check https://blog.traxia.co/the-traxia-who-is-who-110b3acd1d9f - I think the team is really great and its obvious they have good connections in Asia to make this business work.

24

Their CTO https://angel.co/jean-michel-lied-lied makes website, got his degree 2016. I’ll pass.

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25

Traxia coin sales are not open to United States citizens. So that leaves me out. That’s what it says on their google doc form for KYC information.

Also, the minimum buy in according to what I read is 10 Ethereum. Is that correct? That is a big investment for such a limited amount of information. No one I know is going to invest the equivalent of $10,000 US dollars based off a web site. This does not appear to be geared to small investors.

Any new information would be great, but please provide data with a little more meat to it. Thanks!

26

If you want to take a slice, there are “pooling” services, where you club together with others to meet the minimum. Traxia staff will set up for you if you want to participate.

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27

Interesting, I just found that here under FAQ number 1. https://www.traxia.co/token-sale-info

Pool is here https://primablock.com/support

28

Haha and not a word about KYC, nice SEC sidestep there. Take note where it says “this product is NOT trustless”

29

I don’t know what that means by “this product is NOT trustless” . Does that create a loophole where it could be sold to a US citizen because it is not regulated by SEC?

Edit: The KYC requirement came up once I started filling out the form.

30

I’m saying two different things: 1) I don’t think primablock are going to comply with Know Your Customer regulations (could be wrong), thereby allowing US citizens to buy in. 2) If you do use primablock, be careful, there is a section at that link emphasising their system is not trustless, i.e. the pool admin can keep the 10ETH for himself. Just sayin’

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31

Ahhh thank you HazelMazel3. The risk for this endeavor is through the roof. Too much risk for me, for now.

32

For those with limited resources who don’t want to or can’t get into a pool:

The second round of Pre-Sale:

Starts 19th Mar. 2018

Ends 9th Apr. 2018

20% bonus

Price:

1 TMT = $0.12 USD

Minimum contribution:

0.01 ETH

33

It appears I can’t get in on it anyway since I am a US citizen. Does any one here know when US citizen’s can buy in?

34

You can participate if your a US citizen, just don’t check the box.

Here’s the deal, if you read it carefully, you’re not banned, it’s just very fancy lawyer talk for your doing this at your own risk if you’re from one of these countries. You see if you’re from the US, nobody is coming to your rescue if you get scammed in a pool or mistype the contract address and lose your money. They want to be absolutely sure that you understand that and that they can identify the investors who are doing it at their own risk.

35

In a way you can participate, without KYC, if you contribute to a pool! Check traxia.co telegram

36

Their team is quite lacking, even the CTO has no blockchain experience. I passed for same reason.

So far they only raised around USD 300Kish based on their ETH/ADA wallet addresses.

37

Just check their Whitepaper and their real-use case. They dont need need blockchain experienced ppl on their team for two obvious reasons: 1. They have Emurgo as backup (I hope you know who Emurgo is) 2. Its a not a tech focused project but a B2B one. As you can see they already have Porsche China as their first real use case example… more will follow :sunglasses:
It’s your choice to pass this, but don’t invent fake reasons pls :nerd_face:

38

Pre-sale started like a few hours ago, and they didn’t want to make this ICO sale in a show like other do. Its a long term project, it will take a lot of work on the field to get business on board. I know from the chatter on telegram group that they don’t want to raise “to much” - they are not greedy and are here to stay for long - i like them a lot!

You’re gonna claim this is a "bad" team - https://blog.traxia.co/the-traxia-who-is-who-110b3acd1d9f ? + don’t forget about having Emurgo’s finance and connections

39

I really don’t see why you need to antagonize for no reason. This forum is not just about your POV. I have mine and I will share it.

Referring to your point if I knew Emurgo - They must be a TOP secret intelligence report that only you have access to.

  1. Their team lacks Blockchain experience. This is a fact.
  2. Their ICO is not of high interest in the ICO world. This is again a fact (refer again to the investment in first 24 hours)
  3. Their telegram group is 630ish people. That gives a clear signal based on the wisdom of the crowd.

You can be a blind follower of Emurgo but I prefer doing my own research. I read their paper, checked their teams (infact I even shared feedback with Bruno to improve their teams profile)

In my opinion there are better projects. And this is a reference for Traxia not Cardano which I am 100% bullish about.

I do like reading your perspective but I am hoping you can skip the condescending tone.

1 Like
40

They want to raise 41.4 million USD

200 million tokens * 0.09
180 million tokens * 0.12

= 41.4 million usd

That’s not a small amount.