Fr8 Network

Fr8 Network

TBA
17,986 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
Active
Masters of Trivia
Masters of Trivia has already built a global community of over https://mastersoftrivia.com/en/leaderboard/, offering a fun and competitive environment for users to test their knowledge. Now, with the introduction of the $MOT token, the platform is stepping into Web3, enhancing the way users engage with trivia and earn real rewards. The token will power the platform’s play-to-earn mechanics, granting access to premium quizzes, special events, and exclusive competitions where users can earn and redeem rewards. Additionally, $MOT holders will enjoy perks like merchandise discounts, access to VIP content, and future governance participation.
Active
CryptoIndex
CryptoIndex is a Web3 platform enabling the creation and trading of tokenized crypto-indexes — essentially allowing anyone (from retail to institutional players) to create or invest in baskets of cryptocurrencies. These baskets, referred to as indexes, reduce user exposure to the volatility of individual tokens while harnessing the collective upside potential. Drawing parallels with traditional finance (e.g., S&P 500, NASDAQ), CryptoIndex aims to replicate the convenience and risk-management benefits of index investing for a highly dynamic crypto market. Key features & use-cases: • High Demand for Simplicity Many investors find crypto overly complex, with thousands of tokens each requiring individual analysis. Index-based solutions solve this. • DeFi Evolution The DeFi market reached ~$100B+ in TVL at its peak, but index-focused solutions remain a small fraction of that. CryptoIndex targets this underexplored niche. • Hold-to-Earn Model Index token holders share in the platform’s fee revenue, creating a compelling incentive for long-term participation. • Deflationary $INDX A monthly Buyback & Burn mechanism further benefits token value appreciation over time, aligning with user interests.
Active
PayGalaxy
PayGalaxy is a next-generation cryptocurrency wallet and payment ecosystem built on Binance Smart Chain (BEP-20). Our mission is to provide a secure, fast, and user-friendly platform for managing digital assets. With seamless integration of multi-currency support, PayGalaxy allows users to store, transfer, and manage cryptocurrencies effortlessly. The project is set to expand into a full-scale crypto exchange and financial ecosystem.
Active
The Last Dwarfs
The Last Dwarfs is a blockchain-based gaming ecosystem built on TON. At the heart is $TLD, the token that’s both your key to the ecosystem and your voice in its future, acting as governance.
Active
Globe Token
The Globe Token (GLOB) is a cutting-edge cryptocurrency designed to bridge the gap between decentralized finance and everyday financial operations. Built on Base, a Layer 2 scaling solution for Ethereum, GLOB leverages blockchain technology to provide fast, secure, and cost-effective transactions. With a strong focus on transparency, innovation, and utility, GLOB aims to establish a robust ecosystem that addresses key challenges in the blockchain space while empowering users worldwide.
Pre-Sale
Stabull Finance
Stabull Finance is a DEX, currently on Ethereum and Polygon, that focuses exclusively on stablecoins and RWA's. With a growing range of USD and non-USD stablecoins, combined with a selection of tokenized real world assets such as precious metals, the platform allows simple, fast and efficient swaps between all supported assets. The platform also provides a range of liquidity pools, giving LP token holders a 50% share of swap fees (in output currency), and allows $STABUL to be staked in the vaults in order to participate in the liquidiity mining program. The DEX is live at https://app.stabull.finance , with pools available at https://app.stabull.finance/pools . Information on the tokenomics is available at https://docs.stabull.finance/ecosystem/tokenomics Audit: https://docs.stabull.finance/ecosystem/audits