Bitcoin
Bitcoin$54 578.06

-2.82%

Ethereum
Ethereum$2 089.13

-6.40%

Binance Coin
Binance Coin$482.99

0.84%

XRP
XRP$1.24

-11.98%

Tether
Tether$1.00

0.02%

Dogecoin
Dogecoin$0.371400

16.53%

Price predictions

TradeCloud – ICO Detailed Information


ICO TradeCloud
Since they originally appeared almost 11 years ago, cryptocurrencies have been promising a change that would make the world a better place for everyone. They offer a number of benefits over traditional finances, including lower transaction fees, decentralization, as well as the ability to reach everyone, whether or not they have access to the bank.
Start July 1, 2019
End September 30, 2019
Rating 3.9
Status
KYC Yes
Founded
Categories Industry
Platform
Whitepaper No
Discussion
Countries

Get Tokens Now

TradeCloud Overview

ICO description, Technical Details and Documents

TradeCloud: Blockchain Solution for Commodity Industry


TradeCloud is an international blockchain project, the members of which have developed a platform for commodity trading in partnership with Inacta AG, the Switzerland-based company that provides the information management and blockchain services, and R3, another Swiss company that specializes in creating open-source permissionless blockchain solutions known as Corda. The project itself is also registered in Switzerland and operates in full concordance with the local blockchain regulations.

TradeCloud has already presented a prototype of the commodity trading platform, and now the project is seeking additional investments through the offering of the ERC-20 security tokens TC, the primary trading vehicle.

Platform features


The primary purpose of TradeCloud is to bridge the gap between the producers, consumers, and traders that deal with various commodities, such as oil, agricultural products, and metals, through the efficient exploitation of blockchain and the TC security token. The project aspires to develop the blockchain-enable ecosystem called the Commodities Web to deal with four major segments of the commodity trading industry: the financial operations, logistics, risk mitigation, and contract execution. All these operations are to be powered by the TC token, the holders of which will obtain access to the premium services and trading functional.

Moreover, TradeCloud features smart contracts that serve not only as commercial and insurance contracts, but also allow for the provision of digital documentary and freight & storage services.   


The TradeCloud team members

Social media presence


The audience of TradeCloud on such social media platforms as Twitter and Telegram is very scanty for a seemingly well-elaborated project. The Twitter account shows only 54 followers while the circle of members on Telegram is limited to 265 users. Surprisingly, TradeCloud has the most significant presence on LinkedIn with 351 followers. The reason behind this negligence is unclear, but it is most likely that the project is targeting a narrow pool of well-endowed private investors or big institutional ones.

The STO details


TradeCloud has already completed an efficient private sale of TC, so now they are looking to consolidate this success by carrying out a successful sale of 50 million security tokens. The token sale is already underway, with the end date set on September 30. The project wants to raise at least $5 million, with $42 million being the maximum objective. The minimum investment threshold is quite high - $10,000. TradeClous accepts BTC, ETH, USD, CHF, and EUR. All investors must get whitelisted and pass KYC. Citizens of the United States and China can’t participate in the token sale. 

Author: Alex Paulson for Crypto-Rating.com

TradeCloud Milestones

* Crypto Rating accepts no liability for any errors in the TradeCloud ICO information and Rating. For the most up-to-date information please visit the ICO's official website.

Be the first to receive Cryptocurrency Price Predictions and Forecasts daily

Get cryptocurrency price predictions, forecasts with analysis and news right to your inbox.

© 2015-2021 Crypto-Rating.com

The usage of this website constitutes acceptance of the following legal information. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website, including information about the cryptocurrencies and bitcoin is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Crypto Rating shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about cryptocurrencies. The entire responsibility for the contents rests with the authors. Reprint of the materials is available only with the permission of the editorial staff.