Fr8 Network

Fr8 Network

TBA
19,999 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
Upcoming
LERN360
LERN360 is a blockchain-powered, AI-enhanced decentralized learning platform that offers multilingual, skill-based education and incentivizes learners and educators with tokenized rewards. The platform transforms global education through verifiable and accredited micro-credentials, smart learning, and learn-to-earn models.
Upcoming
tokenforge
Tokenforge is a Germany-based infrastructure provider for the compliant tokenization of Real-World Assets (RWA). Since 2021, it has launched over 30 TokenSuite instances across five EU jurisdictions, fully aligned with MiCAR, eWpG, MiFID II, and national frameworks. The core product, TokenSuite, is API-first and modular, integrating KYC/KYB, e-signatures, custody, payments, and other regulated third-party services. Built under BaFin oversight, tokenforge integrates blockchain technology with traditional financial infrastructure. TokenSuite includes regulated services such as KYC, custody, payments, and registrar functions, ensuring compliance across different jurisdictions. The infrastructure will be expanded with EchoLayer, a decentralized network layer that enables cross-platform asset interaction, affiliate programs, and shared market access. Complementing this, IRIS is an AI-powered insights engine in development, designed to provide advanced analytics and decision support for asset structuring, placement, and lifecycle management within the ecosystem. At the core of tokenforge’s infrastructure is $TKFG, the native utility token. It enables issuers to access a 20% discount on service fees through staking and unlocks further benefits as the ecosystem evolves. tokenforge’s infrastructure is designed for institutional-grade scalability and positions itself as a foundational layer for the regulated digital asset industry in Europe.
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
TruePlay
TruePlay is a B2B platform with a complex of software solutions for online gambling business. TruePlay is not a gambling-provider, casino operator or casino owner. TruePlay allows only licensed gambling companies to access to their software (Software-as-a-service). The team are aimed at developing online gambling and making it as legal and transparent as possible from any point of view, TruePlay team has strong partners and has more than 10 years’ experience in the gambling industry.Join TruePlay and take part in the development of the gambling industry.
Upcoming
REPU
The REPU system (abbreviated from English – "reputation") is a revolutionary project that allows you to completely rethink the way social networks are perceived. REPU is a rating and feedback system based on decentralized blockchain technology. Technology allows you to completely replace the system of “likes” with the rating - both for users and for companies. The rating, subsequently, can be used as an assessment tool in various areas of the individual’s life - starting with professional skills, financial stability, and ending with all possible aspects of behavior and interaction with the public.
Upcoming
Digital Ticks
A First ever Commodity - Crypto Exchange well designed by traders for traders. Digital Ticks Exchange (DTX) is just not another crypto to crypto exchange but is also a semi-algorithm platform provider in its own. DTX plans to cater to all types of crypto assets as well as commodity to crypto assets. DTX would be power packed by a lot of advanced features including all the basic features of an exchange required by a novice trader to a professional trader as well as for a high frequency trader. In terms of security DTX is taking extra precautionary measures to avoid any kind of hacks like DDoS attacks, phishing attempts and by also performing vulnerability assessments and penetration testing. DTX has installed robust technologies behind the scene that could handle heavy volatility of the crypto markets as well as commodity markets which can handle upto 1,000,000 orders per second. Digital Ticks Exchange team believes into robust technology, ahead of industry standards in terms of providing customer service to its stakeholders as well as traders. Digital Ticks Exchange team ensures all its traders to have a smooth and user friendly trading experience. Digital Ticks Exchange would not levy any transaction charges for first few months of inception thereby giving traders to trade on zero transaction charges. DTX would give volume-based incentive for high frequency trader (HFT) which would give them scope for retaining higher profitability in the trade.