1. There are over $43 trillion of invoices sitting in companies' balance sheets waiting to be paid. This lack of liquidity can be detrimental to a sellers’ short-term cash flow, especially for small and medium enterprises (SMEs).
2. The Traxia ecosystem allows those short-term assets to be digitized, tokenized and ultimately to be tradeable in a decentralized market. Traxia envisions a system where Sellers upload their invoice, Buyers approve it with their private keys, Issuing Providers write it into a smart contract, Liquidity Providers distribute cash liquidity, Listing providers manage the marketplace and Investors trade the newly created digital assets. Think of it as factoring on a blockchain.
3. We have built a real use case using Liqease Ltd as our Listing provider, Porsche as the Buyer, mediaman and Vok Damns as the Seller and a corporate investor as the Liquidity Provider. Although, the Ethereum blockchain has been used in this first case to issue the smart contract, Traxia intends to build upon the Cardano blockchain. Traxia and LiqEase are the first investment of Cardano through their investment arm Emurgo.
4. 40% Discount during Pre-Sale (=$0.09 per TMT), 20% Discount in 2nd phase (1 week), 10% in 3rd phase (1 week). 0% in last phase until listing on gatecoin.com and others.