Fr8 Network

Fr8 Network

TBA
18,146 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%)

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
Raised $ 1,213,222
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 on 16 Mar 2018
Jon Fox
CEO
Participates in a number of projects
Sloane Brakeville
CTO
Participates in a number of projects
Ling Qing Meng
VP Engineering
Participates in a number of projects
Shankhri Balaji
Chief Strategist
Participates in a number of projects
Yevgeniy Spektor
Lead Engineer
Participates in a number of projects
Barry Glasco
Senior Enterprise Engineer
Participates in a number of projects
Michael Zargham
PHD Mathematician
Participates in a number of projects
Matt Barlin
MIT Trained Data Scientist
Participates in a number of projects
Peter Crane
Business Development
Participates in a number of projects
Will Kamensky
Community Management
Participates in a number of projects

Advisors (19)

Scott Walker
Partner Distributed Network Advisors (DNA)
Participates in a number of projects
Dustin Boyer
Partner Distributed Network Advisors (DNA)
Participates in a number of projects
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
Participates in a number of projects
Adam Helfgott
CEO Madhive
Participates in a number of projects
Tom Bollich
CTO Madhive
Participates in a number of projects
Court Coursey
Managing Partner, Tomorrow Ventures
Participates in a number of projects
Konstantin Richter
CEO Blockdaemon
Participates in a number of projects
Alex Lightman
CEO Millennium Energy Corporation
Participates in a number of projects
Matt McGraw
Founding Partner, The Bureau
Participates in a number of projects
Matt McKibbin
CDO, Decentranet
Participates in a number of projects
Ted Moskovitz
Founder, Decentranet
Participates in a number of projects
Eric Greenberg
Founder, Chairman and CEO Warp Media
Participates in a number of projects
Scott Nelson
Chairman & CEO Sweetbridge
Participates in a number of projects
Mac McGary
President, Sweetbridge
Participates in a number of projects
Dave Henderson
Co-Founder and CFO Sweetbridge
Participates in a number of projects
Rebecca Lerner
EVP Madhive
Participates in a number of projects
E. David Ellington
Founder Silicon Valley Blockchain Society
Participates in a number of projects
Amit Pradhan
Managing Partner Jet Ventures
Participates in a number of projects
HEIGHT - 0px
WIDTH - 0px
PUT THIS CODE TO YOUR WEBSITE
ICO List
Other Interesting ICOs
Pre-Sale
Antix
Antix creates hyper-realistic digital humans that bridge the gap between the real and virtual worlds. At the heart of Antix is an extensive set of features designed to provide users with unprecedented flexibility and accessibility to the world of digital humans. These features include: 1) Generation of Hyper-Realistic 3D Avatars: Antix offers an unprecedented level of realism in digital human avatars, with detailed facial features, setting a new standard for visual authenticity. 2) Behavior Selection & Creation: Users can choose from basic behavior scenarios designed for various types of interactions. 3) Voice Selection & Creation: Users can select a voice for their digital human from basic options based on their personality traits or use their own voice. 4) Multilevel Customization System: Using the marketplace, users can purchase various elements to customize their digital avatars. 5) Lifetime & Repair: All assets on the Antix platform are presented in the form of NFT, which allows you to transfer elements of realism to a digital environment. 6) Advanced AI Integration: The Antix platform incorporates cutting-edge AI technologies, including GPT-4.o support, which allows your digital human to interact with you. 7) Create & Customize a Personal Space: Immerse your digital human in a specially designed setting. 8) Static/Dynamic Content Production: Digital humans created in Antix exhibit realistic behavior and can be used to create various types of content. 9) Social Interaction: The social network within the Antix platform is built around digital humans, providing users with the opportunity to interact in a virtual space.
Pre-Sale
OYOFI Finance
The Platform is one stop solution for integrated Crypto DeFi Ecosystem Viz–A-Viz staking, Swapping, Tokenisation of Real World Assets and use of crypto assets in real world through OYOFI debit and credit card.
Active
Rivalz
Rivalz is redefining AI infrastructure by creating an AI Intel Layer to unlock new agentic economies. Built on a dual-chain DePIN architecture using Dymension and Arbitrum, Rivalz addresses one of the biggest bottlenecks in AI today: access to AI-ready, verifiable, and secure data. As we envision the web3 space to become agentic and overtake humans in the amount of transactions over time, what Rivalz is building is key for enabling this future. The core challenge that Rivalz is addressing is the need for AI-ready, verifiable and accessible data and later on intelligence. Rivalz offers a hybrid solution combining decentralized storage and high-speed agent-centric connectivity networks that cater specifically to AI's demands, ushering in the era of the agentic economy.
Upcoming
RewardsToken
Rewards.com is introducing a global marketplace that brings together over 100,000,000 products and 7,000 merchants, including restaurants, travel, entertainment and retail. This marketplace will allow customers to earn and redeem, what we call RWRD tokens, at any participating merchant or be traded on the exchanges. We believe this solution will transform loyalty by taking cryptocurrency mainstream, building a healthy and strong token economy and restoring true value to the consumer reward.
Upcoming
Xsure
Xsure is a decentralized risk management platform that facilitates real-time communication between insurance providers and the end customer. With the help of machine learning and blockchain trust-less governance technologies we have managed to eliminate third parties from the whole insurance life-cycle and turn it into a dynamic process instead of a static one.
Upcoming
Co-DEX Exchange
Co-DEX is a Decentralized trading platform for cryptocurrencies, built on vanguard security infrastructure and using a revolutionary system. Co-DEX is an exchange created by the community, for the community, thus Co-DEX will be the first exchange that will apply a NO FEES policy on transactions, the users being required to cover solely the transaction cost of the miners and/or validators that register the action on the blockchains. Experience direct peer-to-peer trading without the security risk of trusting a third party, thus having complete control of your assets at any time.