BTC $ 3,738.07 1.9%
ETH $ 124.65 2.34%
MARKET CAP $ 124 bln 1.96%
ICOs 5,261
Translate this page
0

Fr8 Network

TBA
6,203 Views
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.
7.2
TOTAL SCORE
5.8
ICO PROFILE

(weight: 35%)

8
SOCIAL ACTIVITY

(weight: 30%)

10
TEAM PROOF

(weight: 20%)

5
WEBSITE

(weight: 15%)

Get widget
General
Website: Visit
White paper: Read
Dates: TBA
Whitelist/KYC: KYC
Country: USA
Token info
Ticker: Fr8token
Platform: Ethereum
Token Type: ERC20
Available for sale: 100,000,000 Fr8token (10%)
Financial
ICO Price: 1 Fr8token = 0.15 USD
Accepting: ETH

Alexa Rank

May, 2017
Project initiated.
July, 2017
Proof of Initial Thesis - Direct carrier negotiation netted an 18% discount overnight, proving we didn’t need brokerages to drive deep savings.
August, 2017
1st Carrier Customers Onboarded - (Fr8 National Carrier Network). 8 regional carriers (complete lower 48 coverage). 500 independent carriers.
September, 2017
1st Shipper Customers Onboarded - (Fr8 National Shipper Network). Lewisco Holdings commits to ship $5m through Fr8 Market.
Q1, 2018
Blockdaemon Partnership announced. Fr8 Fair Trade Consortium Launch. MVP Launch.
Q2, 2018
Development Begins on Added Value Products & Services. Fr8 Market Expansion (USA only).
Screenshots taken 16 Mar 2018
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

Advisors (19)

Scott Walker
Partner Distributed Network Advisors (DNA)
Dustin Boyer
Partner Distributed Network Advisors (DNA)
Emily Bush
Partner Distributed Network Advisors (DNA)
James Regenor
Deputy Executive Secretary National Security Council Executive Office of the President for Bush and Obama Administrations
Adam Helfgott
CEO Madhive
Tom Bollich
CTO Madhive
Court Coursey
Managing Partner, Tomorrow Ventures
Konstantin Richter
CEO Blockdaemon
Alex Lightman
CEO Millennium Energy Corporation
Matt McGraw
Founding Partner, The Bureau
Matt McKibbin
CDO, Decentranet
Ted Moskovitz
Founder, Decentranet
Eric Greenberg
Founder, Chairman and CEO Warp Media
Scott Nelson
Chairman & CEO Sweetbridge
Mac McGary
President, Sweetbridge
Dave Henderson
Co-Founder and CFO Sweetbridge
Rebecca Lerner
EVP Madhive
E. David Ellington
Founder Silicon Valley Blockchain Society
Amit Pradhan
Managing Partner Jet Ventures
HEIGHT - 0px
WIDTH - 0px
PUT THIS CODE TO YOUR WEBSITE
ICO List
Other Interesting ICOs
Pre-Sale
BitValve
Buy, Sell & Trade Crypto for PayPal, Bank, Amazon, Skrill and more, from anywhere in the world. Featuring 50% less fees than LocalBitcoins and Paxful. Bitcoin, Ethereum, Monero, and alt coins supported. Full trade encryption, advanced security and availability.
Active
Lynchpin Token
We strongly believe that cryptocurrency is the way to move forward but the current situation in the market has a lot of problems that needs to be rectified. We are coming into the market currently to rectify the problems that plague the market today and we believe that we can solve most of them. We have merged and partnered with a lot of industry experts so that we can give you an all round token with a good eco system that solves the most critical problems in the industry. Our key motive is to merge the whole crypto market to be liquid in cross networking utility capabilities and come out with solutions for everyone in the cryptocurrency market. From our view, we believe that the whole industry should not fail and should come together to progress with one common objective of moving forward to grow the industry for the future.
Active
Moozicore
Moozicore service transforms background music into an interactive customer-sourced playlists. Moozicore's goal is to evolve places such as bars, restaurants, gyms and any other entertainment venues by creating personalized, social music experience for each customer. Unlike Spotify, Tidal or any other non-commercial services, Moozicore is fully licensed and legal for businesses of all kinds.
Active
CWEX
Fine wines are among the most profitable investment assets. Demand for investing in them is growing significantly. However, current fine wine trading platforms are complicated and have high processing fees. The CWEX exchange aims to establish easy to access and easy to use fine wine trading platform. Backed up by its partner, DotChain GmbH based in Switzerland, it guarantees anonymity and security of investment by providing blockchain based ownership certification to each bottle of wine traded on the trading platform. This system of trading with ownership certificates significantly lowers the current processing fees, leaving the buyer almost 80% higher value of his investment at the start.
Upcoming
Xenchain
XenChain accelerates and strengthen identity verification processes by using e-KYC technology that requires facial recognition, making manual document authentication a thing of the past. Personal data is encrypted and stored in a public ledger making it safe from breaches. Xenchain, in cooperation with multiple trusted corporate data validators, will accurately acquire, validate and store identity data into a decentralized Blockchain. End users have full control over their data; companies can retrieve identity data (with end users’ permission) from Blockchain, thereby reducing cost and time
Active
Coinchase
It promotes community building, social interaction, and Public Sales between Blockchain projects and platform users, offering participation rewards worldwide through its platform token, the CCH Token. An important key to inspiring participation in Coinchase is to incentivize both parties to reach consensus. Break and Return‘ Insurance : In order to protect participants in bear market, Coinchase stands by the users' side and asks project parties to participate in ‘Break and Return' insurance: If the average price of project's token falls below Public Sale price on the first 48 hours of the first exchange listing, users can choose to be refunded by Coinchase. The 200% Incentive: Coinchase allocated 51% of the total supply of CCH tokens.