BTC $ 8,672.05 -0.158772%
ETH $ 167.49 1.14641%
MARKET CAP $ 239 bln 0.73%
ICOs 5,673

Fr8 Network

TBA
12,922 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.
7.1
TOTAL SCORE
5.8
ICO PROFILE

(weight: 45%)

7
SOCIAL ACTIVITY

(weight: 35%)

10
TEAM PROOF

(weight: 20%)

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
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
Takes part in this project only
Sloane Brakeville
CTO
Takes part in this project only
Ling Qing Meng
VP Engineering
Participates in several projects
Shankhri Balaji
Chief Strategist
Takes part in this project only
Yevgeniy Spektor
Lead Engineer
Participates in several projects
Barry Glasco
Senior Enterprise Engineer
Takes part in this project only
Michael Zargham
PHD Mathematician
Participates in several projects
Matt Barlin
MIT Trained Data Scientist
Takes part in this project only
Peter Crane
Business Development
Takes part in this project only
Will Kamensky
Community Management
Takes part in this project only

Advisors (19)

Scott Walker
Partner Distributed Network Advisors (DNA)
Participates in several projects
Dustin Boyer
Partner Distributed Network Advisors (DNA)
Takes part in this project only
Emily Bush
Partner Distributed Network Advisors (DNA)
No participating data
James Regenor
Deputy Executive Secretary National Security Council Executive Office of the President for Bush and Obama Administrations
Takes part in this project only
Adam Helfgott
CEO Madhive
Participates in several projects
Tom Bollich
CTO Madhive
Participates in several projects
Court Coursey
Managing Partner, Tomorrow Ventures
Takes part in this project only
Konstantin Richter
CEO Blockdaemon
Participates in several projects
Alex Lightman
CEO Millennium Energy Corporation
Participates in a number of projects
Matt McGraw
Founding Partner, The Bureau
Participates in several projects
Matt McKibbin
CDO, Decentranet
Takes part in this project only
Ted Moskovitz
Founder, Decentranet
Participates in several projects
Eric Greenberg
Founder, Chairman and CEO Warp Media
Takes part in this project only
Scott Nelson
Chairman & CEO Sweetbridge
Participates in several projects
Mac McGary
President, Sweetbridge
Participates in several projects
Dave Henderson
Co-Founder and CFO Sweetbridge
Participates in several projects
Rebecca Lerner
EVP Madhive
Takes part in this project only
E. David Ellington
Founder Silicon Valley Blockchain Society
Participates in several projects
Amit Pradhan
Managing Partner Jet Ventures
Participates in several projects
HEIGHT - 0px
WIDTH - 0px
PUT THIS CODE TO YOUR WEBSITE
ICO List
Other Interesting ICOs
Active
Liqio Exchange
LIQIO is an Estonian registered company (LIQIO OÜ 1478949). The company has an address in Estonia and offices in Western Europe. When you purchase LQO tokens, you will receive dividends once a month. 50% of the fees collected by the exchange will be paid to the holder of the LQO token. Community trading: follow the best traders In partnership with Shillerz.
Active
Flas Exchange
Flas Exchange is a comprehensive trading platform that offers various types of digital assets. As a secure, reliable and advanced digital assets trading platform developed for professional trading, Flas Exchange will develop a suite of advanced features to meet the unique and complex requirements of professionals and institutions. Flas Exchange & Flas Token are developed as the next generation of decentralization with the improved and advanced technology. The Flas Blockchain system will provide a multi-purpose digital asset trading platform with innovative solutions for current traders.
Active
EMJAC
As part of the renewable energy revolution, EMJAC is set to integrate blockchain technology to recycle and reduce illegally dumped waste tyres globally. We aim to enhance the transparency and full traceability of waste tyres from source to TRU facilities worldwide which will recycle the waste tyres into valuable products. EMJAC will also provide a market platform for stakeholders to digitize their procurement and trading of the renewable energy products with our EMJ tokens. EMJAC aims to be the leader in the "Waste to Green Energy" industry to recycle waste tyres globally by deploying green technology with the latest blockchain technology. Our vision is to recover the trapped energy in waste tyres and reduce the carbon footprint in our environment and channel the renewable energy back into our ecosystem to benefit communities around the world via a trusted market platform. EMJAC: Empowering blockchain towards a sustainable future.
Pre-Sale
Planport
The current supply chain industry is a $64 trillion market that employs millions around the world. Planport is building a decentralized business-to-business platform for the supply chain industry and our initial product focuses on procurement and its components. Procurement is one of the core sectors of the supply chain industry. It involves buying of goods and services that enable organizations to carry out their day-to-day operations. Someone involved in procurement may be responsible for sourcing raw materials from suppliers globally and bringing them into an organization by working with C-level executives, finance and engineering as well as external suppliers. While procurement is a vital aspect of operations, the process has critical problems that are costly for all businesses from small companies to big corporations. The obstacles include legacy systems with inefficient and closed networks that are expensive, risky and time-consuming, cash flow problems that take weeks or months, contractual nightmares, poor supplier management and closed and centralized access to goods and services. A company spends 30 to 70% of its revenue on outsourced goods and services, yet many still underinvest. The Planport Platform powered by the PORT token aims to solve these problems by unifying the entire procurement process end-to-end and empowering enterprises and suppliers using a decentralized business-to-business network in the supply chain industry. Buyers and sellers can use the platform for procurement, auctions, payments, and contract management. At the end of the supplier and buyer interaction, our invoice marketplace enables suppliers to push invoices to a network of global investors where they can access a diverse range of funders. This marketplace is built on the Blockchain distributed technology allowing participants to have a secure and efficient way to settle trade finance assets in the $3 trillion factoring industry. Planport, as part of Planport Platform, has built and is building the following products: Planport RFX - a procurement product for buyers and sellers. Planport Supplier Manager - a product for enterprises to communicate with and assess suppliers. Planport Auctions - a product for performing reverse auctions with multiple suppliers. Planport Payment Systems - a payment system empowered by the PORT token for business-to-business payments. Planport Contracts - a full contract management product for creation, storage, and discovery of contracts. Planport Experts Networks - an on-demand network of supply chain experts for enterprises. Plnaport Invoice Marketplace - a trade finance network for suppliers. Planport will revolutionise the supply chain industry by building a platform that streamlines the processes and is built on trust, mutual benefit and user-centric as part of the Web 3.0 by using the Blockchain technology.
Active
QAN Blockchain Platform
QAN is the first quantum-proof, secure, fast and multilingual crypto platform that runs smart contracts in all major languages and meets the real demands of industries adopting crypto. The unique Proof-of-Randomness (PoR) protocol behind it was built with ease-of-use and fast scalability in mind, focusing on the universal usability of the platform.
Active
PointPay
PointPay is ever growing UK-regulated company that has created all-in-one cryptocurrency ecosystem with single-time registration process for all the products. The one-stop fintech platform offers a full range of financial services within PointPay Crypto Bank enabling clients to earn daily interest on their holdings; PointPay Crypto Exchange with custom design layout for traders who can use advanced trading tools by placing stop-loss and take-profit orders; and PointPay Crypto Wallet designed for daily use by monitoring cryptocurrency price change in customer’s portfolio. PointPay Crypto Payment System allowing merchants to accept payments for Bitcoin and Ethereum is being developed with release scheduled in early 2020. PointPay platform has resolved a challenging issue and integrated fiat gateway letting customers to settle the payments with their bank cards. Now everyone can conveniently buy and sell crypto for USD, RUB and UAH with just a few mouth clicks.