Tachain ICO Report – Future of Travelling & Advertising
Standard ICO Report Structure:
- Part 1: ICO Analysis (What is it about? What is the ICO intending to do? Describes what the platform is.)
- Part 2: CROWDSALE ANALYSIS – DETAILS & TOKEN SUPPLY
- Part 3: Useful Links (Further Research)
Part 1: ICO Analysis
The world is fueled by our ability to travel, communicate, and interact with one another at rates never before seen in history. With the development of mobile technologies, the internet, and our industrial world things happen quickly and efficiently in the digital age.
Further, It’s never been easier to interact with others while generating value for them or utilize another’s expertise. New trends such as Uber and Lyft now are the pinnacle of a decentralized work force and the luxury it can bring to someone’s life.
The tachain project hopes to bring a complete ad targeting program within transportation apps. Both transportation and advertising have taken giant leaps forward with innovations over the last digital decade yet the two industries are not working together enough.
Enter the Tachain solution, a blockchain powered advertising platform for those using transportation services. Let’s take a closer look at their solution to innovate the travel service and advertising industries.
The Tachain Revolution
Tachain plans to disrupt two heavily altered industries with their advertising platform. The Tachain will capitalize upon the powerful application of blockchain technology to allow advertisements a platform with wider opportunities than before through the reach direct to Tachain application users.
Furthermore, the application will feature a variety of fun and exciting features to help attract new users. First, the implementation of machine learning will ensure the advertising platform is operating with smart technology. Further, the use of big data and predictive analytics will help the ads be better targeted at the correct consumer. T
hese three digital features will also be empowered with the implementation of AI targeting to make better use of the data, machine learning, and predictive analytics. Finally, implementation of biometrics and security of smart contracts will add powerful protections to the overall system.
Minimal Viable Product
Tachain has already launched a minimal viable product, an exciting change of pace for initial coin offerings today. The app can be downloaded on IOS devices now available with the Android version of the app in development and coming soon.
With the MVP the platform will cater to three key segments to complete their mission vision. First, the token market will empower users to interact with ads while being compensated and on the other side of the equation the advertisers will be able to pay for their services rendered on the platform.
Furthermore, advertisers will be able to login to the platform to set up their advertising parameters. Finally, on this note, the Tachain platform will allow users to order transportation and travel accommodations at a new level of efficiency.
To ensure the longevity of the token and establish some positive tokenomics for the platform, the team has determined that transportation providers and users will have access to earn TCHN tokens for traveling through the platform.
On top of this, the advertisers will need tokens to process their ad requests, users can purchase rides with native platform tokens and sell on the TMARQ marketplace. Finally, the users on the platform will have the ability to earn tokens from watching qualifying ads through the network.
Part 2: Crowdsale Analysis – Details & Token Supply
Total token supply: 2,275,000,000 Tokens
Token type: Utility Token
Token Distribution: The Tachain platform slates about 60% of the total tokens minted to be offered for sale in its crowdsale, 20% goes to the platform’s reserve, 5% will be for Marketing, another 5% for bounties, another 5% for Advisors to the team and finally 5% for the founders.
ICO Sale Phase: Closed Sale
Token Price: 1 TCHN = 0.01 USD
Crowdfunding Usage: The team does not disclose their planned use of crowdfunding.
Team Overview- Members and Advisers
The Tachain team is led by Demetrius Vallas, with Eric Van Loon, Thayne Swindell, Khaya Maloney, Claude Chi, Chen SiYuan and many others also on the team.
Part 3: Useful Links (Further Research)
- Website: https://tachain.io/
- Facebook: https://www.facebook.com/tachain.io
- Twitter: @tachain6