Fr8 Network (Fr8token) - ICO Details

Fr8token - Fr8 Network ICO details,price, stage, bonus, team.
Overview
0
Fr8 Network (Fr8token) Initial Coin Offering Logo
StatusInactive
HeadlineUnleashing the Power of Blockchain
CategoryCommerce & Advertising
Starting date04/16/2019
Ending date05/22/2019
WebsiteView Website
WhitepaperView Whitepaper
Links

Fr8 Network ICO Summary

Fr8 Network is bringing blockchain solution in the Commerce & Advertising industry.

Their initial coin offering will be held from April 16, 2019 and investors will be able to buy it until May 22, 2019.

A total of 0 Fr8token will be created and 100,000,000 will be available during the coin offering.

Fr8token sale will be considered successful if their softcap of 0(USD) is reached. Please keep in mind that the sale could end before May 22, 2019 if the hardcap of 1,000,000(USD) is reached.

During Fr8 Network ICO, investors will be able to buy Fr8token at 0.15 USD per Coin/Token.

Get all the details about Fr8 Network below and on Fr8 Network Official ICO website

Fr8 Network Project Info

The $700B US trucking industry is the backbone of American commerce with 80% of all cargo transported overland by trucks, yet it is plagued with inefficiency and ultimately controlled by a bloated intermediary brokerage system whose incentives are not aligned with the true stakeholders.

Imagine forming a blockchain platform bringing together shippers, carriers, truckers and brokers where they can place and track orders, assess performance records, compare pricing and extend credit. Add in a set of decentralized applications (DApps) linking up these stakeholders–and a new digital token speeding their transactions–and you could cut billions of dollars in inefficiencies from the $700 billion-dollar-a-year trucking industry.

That is the vision of Fr8 Network, a newly formed upstart that aims to take the pain out of shipping by targeting, in particular, the $66 billion a year in fees exacted by some 16,000 middleman brokerages. Some key points:
· Potential savings are huge. Trucks travel an astounding 29.6 billion miles every year only partially loaded or entirely empty–a waste of capacity even as businesses struggle with a shortage of drivers.
· Cut that unused capacity in half, and we could save $30 billion a year in fuel costs and reduce carbon emissions from trucks by 100 million tons per year, 20% of their total carbon output.
· By matching customers to and carriers online, the industry could sidestep broker fees that pose up to 20% of the cost of shipping goods; cut fees in half and the industry saves some $30 billion.

Tokenomics

TypeToken
Coin SymbolFr8token
Total Coins0
PurposeUtility
Working Product?
ERC20 Token

Fr8 Network ICO Details

Fr8token ICO Details
Softcap0(USD)
Hardcap1,000,000(USD)
Geo RestrictionNone
Currency AcceptedETH
Total CoinsUnknown
Coins for Sale100,000,000
Private-Sale/Pre-Mined CoinsUnknown
Coins SoldUnknown
Coin Price0.15 USD
Softcap Reached
Confirmed Exchange
Unsold Coins Goes to

Fr8 Network Stage Details

Fr8 Network

Start date04/16/2019
End date05/22/2019
Token for sale100,000,000
Token Price0.15 USD
Road Map
Fr8 Network Road Map
  • Project initiated.

    May, 2017
  • Proof of Initial Thesis - Direct carrier negotiation netted an 18% discount overnight, proving we didn’t need brokerages to drive deep savings.

    July, 2017
  • 1st Carrier Customers Onboarded - (Fr8 National Carrier Network). 8 regional carriers (complete lower 48 coverage). 500 independent carriers.

    August, 2017
  • 1st Shipper Customers Onboarded - (Fr8 National Shipper Network). Lewisco Holdings commits to ship $5m through Fr8 Market.

    September, 2017
  • Blockdaemon Partnership announced. Fr8 Fair Trade Consortium Launch. MVP Launch.

    Q1, 2018
  • Development Begins on Added Value Products & Services. Fr8 Market Expansion (USA only).

    Q2, 2018
 

Fr8 Network Team Info

Core Team

Jon Fox

CEO

Sloane Brakeville

CTO

Ling Qing Meng

VP Engineering

Shankhri Balaji

Chief Strategist

Yevgeniy Spektor

Lead Engineer

Barry Glasco

Senior Enterprise Engineer

Michael Zargham

PHD Mathematician

Matt Barlin

MIT Trained Data Scientist

Peter Crane

Business Development

Will Kamensky

Community Management

Fr8 Network Discussion

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