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[ ICO Review ] : Tracoin ICO - The World’s First Global Market Place For Land Transport Systems
Tracoin Land Transportation is an essential part of human activity, and in many ways form the basis of all socio-economic interactions. Indeed, no two locations will interact effectively without a viable means of movement. In many developing countries, inadequate transport facilities are often the norm rather than the exception. Thus, a good transport system is essential to support economic growth and development. Land Transport is a crucial driver of economic and social development, bringing opportunities for the poor and enabling economies to be more competitive. Transport infrastructure connects people to jobs, education, and health services; it enables the supply of goods and services around the world; and allows people to interact and generate the knowledge and solutions that foster long-term growth. Rural roads, for example, can help prevent maternal deaths through timely access to childbirth-related care, boost girls’ enrolment in school, and increase and diversify farmers’ income by connecting them to markets.
Tracoin is the first open source, peer-to-peer decentralized cryptocurrency specifically tailored for the global land transport industry. Through the utilization of recent technological innovations, including blockchain technology and smart contracts, we have developed a model with the ability to overcome the majority of the challenges currently faced by the land transport industry. Furthermore, Tracoin plans to propose and implement additional measures that will significantly improve the efficiency of land transport services thus improving the users level of comfort and safety while using land transportation.
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Features Of Tracoin

One thing that sets Tracoin apart from other digital currencies is its speed.
Transaction confirmations occur within a few seconds. Tracoin is even faster than
Bitcoin! Tracoin blockchain technology gives  the ability to surpass Bitcoin
and other digital currencies when it comes to the speed of money transactions.

Token Standard

Since Tracoin (TCN) is built on the ERC-20 token standard, it is easily integrated into users wallets and can be traded via direct transfers or through the use of smart contracts. Tracoin offers the following benefits to users.

Means of Payment

TCN can be used as a means of paying for land transport services within the  Tracoin ecosystem.

Accessibility

Users will be able to unlock access to driver profiles, special offers from transport companies, and other features and services.

Commissions

Users can earn Tracoin tokens in the form of commissions for intermediation and client introductions.

Tracoin Ecosystem

Market Place App

The Market Place App is an Ethereum blockchain-based platform that connects land transportation companies all around the world. Through the app, passengers will have access to an on-demand fleet of available vehicles, while transport companies will have access to up-to-date market research.

Passenger Review Platform

Through Tracoin’s Market Place App,they are creating the first Ethereum blockchain-based platform for trusted transport company service reviews. The review platform will allow passengers’ voices to be heard while providing transport companies with valuable feedback.

Tracoin Wallet

Our user-friendly wallet is designed with the highest level of security in mind and is available for following platforms / OS Web Wallet
  • Desktop Wallet: Windows, Linux, Max
  • Mobile Wallet: Android, iOS

Token Sale

Tracoin

Tracoin Buy Back Plan

Because Company have absolute confidence in Tracoin‘s long-term prospects and value, and to alleviate investors’ concerns about token stability, we are going to buy back Tracoin tokens on the open market every year after the successful completion of Company ICO. We plan to buy back our tokens at a steady rate once Tracoin becomes listed on exchanges, which will not only stabilize token prices in the short term, but will result in an increase in the token’s value over time.

Tracoin Benefits

Data Storage

Tracoin offer unlimited data storage to Company clients so you dont have to bother about deleting logs.

Genuine Ratings

Tracoin app provides a lot of important data you can use for analytics and point you in the right business step.

Feedback System

Tracoin application provides a useful feedback system which enables us to further improve our service.

Token Value

There are no absolute guarantees when it comes to investing, however Tracoin are supremely confident in the long term value and prospects of Tracoin. Consider the following: From the general public to world leaders, everyone depends on land transportation and Tracoin is poised to become an essential part of the land transport economy. The value of TCN is expected to appreciate for several reasons, including.

Token Functions & Benefits

Tracoin (TCN), an ERC20 compliant Ethereum-based token with a total supply of 30,000,000 TCN. During the token sale, a fixed number of TCN are created, after which no further tokens will be created. Tracoin is a utility token created to fund the development and marketing of the Tracoin project, including the associated distributed database, online portal, and mobile applications.

Token Standard

Since Tracoin is built on the ERC-20 token standard, it is easily integrated into users wallets and can be traded via direct transfers or through the use of smart contracts. Over time, the total supply of TCN will slowly start to decrease as tokens are taken out of circulation. This, combined with our buy back and staking plans, will effectively render TCN deflationary. Any transaction fees on the Tracoin platform will be in TCN.

Token Sale

There are several reasons why we have chosen to raise money through a token sale instead of using more traditional means.A token sale allows us to reach investors from all around the world and incentivize them to use and promote Tracoin’s products. Tokens provide liquidity since they can be traded on exchanges after the token sale. Investors are able to sell their tokens if they wish and thus benefit from the growth of Tracoin‘s market value. The token smart contract allows for easy
distribution of tokens to investors, instant payments, and a level of security and
transparency that would otherwise be near impossible to achieve.

ICO Funds Allocation/Distribution


Tracoin

Team

Tracoin


Advisors


Tracoin

Roadmap


The Tracoin web wallet will be launched in the 3rd quarter of 2018. In the same period, Tracoin will also be listed on external exchanges like Coinexchange, and Cryptopia. The 3rd quarter of 2019 will see the release of the Tracoin debit card which will be the easiest way to pay for goods and services. Multiple cryptocurrencies (not just TCN) can be stored on the debit card.

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References


Authored by terry17

BitcoinTalk: https://bitcointalk.org/index.php?action=profile;u=1450768

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