BTC $ 8,226.57 1.12235%
ETH $ 174.33 -0.397722%
MARKET CAP $ 222 bln 0.87%
ICOs 5,500

Fr8 Network

TBA
11,562 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
Upcoming
Rateonium
A blockchain-based, anonymised customer-company review system operated via the Rateonium platform. Rateonium is using blockchain technology to create new horizons for the management of customer-company relationships. The platform connects products and services purchased with a subsequent customer review process. Customer reviews of products and services are responsible for the long-term success of a company. New leads rely on customer opinions, not on corporate communication. Too few customers write qualitative reviews, which means that there is no suitable data on which new leads may base their decision. In addition, there is no globally active verification system to prove the authenticity of customer ratings. Rateonium collects qualitative and individual consumer data for companies, while the respective consumer is rewarded at the same time with the Rateonium currency by means of an automated algorithm. Rateonium offers its users a modern purchase experience with an app powered by metadata – free from manipulation and data misuse. We support our Rateonium business clients by implementing modern, long-term quality and customer relationship management processes in the platform.
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.
Active
Discoin
Discodery is all-in-one solution that allows any small business to create its own website, its own mobile app and a complete management software. In a world where customers are connected 24/7 and where consuming habits have completely shifted, turning to digital has become a necessity, as much as an opportunity, for small businesses. However, most of these businesses are late in their digital transformation and usually for 3 reasons: they don't have enough financial resources, they don't have enough time or human resources and/or they simply don't know where to start or how to do it... And that is exactly why Discodery is such a unique solution! All-in-one (website + mobile app + management software with over 50 key features to optimize their business) and fully-serviced solution, meaning we take care of everything for them - from design to development, publication, maintenance and security. Today, Discodery would like to take advantage of the technological advances offered by the blockchain and cryptocurrency concepts to improve its digital solution, strengthen its security and make life even easier for its customers.
Upcoming
Real Estate Doc
Real Estate Doc (RED) will revolutionise the managing of commercial real estate businesses. Running on our blockchain network, our technology platform facilitates secure, immutable and legally binding transactions between parties using blockchain and smart contracts in a seamless environment, to achieve data-driven, cost-efficient and seamlessly fast transactions. Our long term vision for RED is to become a versatile blockchain protocol and business application where real estate companies can rent out and transact the lease of any kind of commercial real estate space. Through the RED application, the user will easily manage every aspect of these transactions on one convenient application. The RED blockchain protocol will over time, also allow for other real estate businesses to plug-in to the RED private sidechain with their existing system to access its benefits available. RED has successfully deployed proof-of-concepts in large commercial retail establishments in Singapore, streamlining commercial retail leasing transactions between landlords and vendors.
Upcoming
Verity
Verity makes it easy for people to get paid for reporting on real-time events and information around them, while developers can get any data they want in a cheap, fast and secure data feed. It uses sub-ms network to process data with wisdom of the crowd approach and uses blockchain‑as‑a‑court‑system on Ethereum network to guarantee security and fairness.
Active
PBET
The PBET project is a unique innovation that addresses the convergence between physical and online gaming through a Unified Gaming Platform. PBET generates synergies between these two channels while integrating crypto-currencies instant payments and combining partners in a unique token based Reward Club.