Treon — Review of ICO  

Treon is a decentralized mobile platform and electronic wallet, through which it will be possible to make payments in the sphere of public utilities of all industries on one platform.

Naturally, the platform will use the blockchain mechanism and smart contracts in its work. With the help of Treon, you can pay anywhere at any time for any utility service in a few clicks. In addition, you can track how many minutes of mobile traffic you talked, how many hectares of the Internet spent, how many liters of water used, how many kilowatts of energy was allocated and so on. All this will provide not only a good opportunity to track your expenses, but also to stimulate to be more economical.


The platform team intends to solve many problems, the main ones of which are:

  • low level and quality of customer service, as the promises of service providers, do not coincide with reality;
  • the need to queue for 20-30 minutes to pay for each service, and if there is anywhere an opportunity to make a payment “decentralized”, then the algorithm of this payment is usually not understood by all;
  • there are no bonuses for timely payment, although this would affect many customers and make b payment a pleasant part of getting a bonus;
  • The lack of incentives or bonuses when using electricity produced by alternative energy sources, such as solar panels or windmills.

All these problems can be solved by creating a Treon purse, with high usability for users, with a system of bonuses and rewards and involving companies that extract electricity through alternative sources.

Tokens Platforms and their Sale:

Tokens will be used to pay for services on the platform. By the way, the services will be measured in the dollar price, and if the token used to cost one dollar and you need to pay 10 dollars, then you will spend 10 tokens, but if the tokens have grown in price to $ 2, then you will pay only 5 tokens , because of this there is a benefit of purchasing tokens right now.

A total of 1 billion tokens are issued. 429.7 million tokens were allocated for sales. You can buy tokens for bitcoins or ethers. The minimum required to run the project is $ 4 million, the maximum – for a quick launch of a platform with full functionality – $ 25 million. The sale of tokens will occur in three phases with different bonuses – 30 percent in the first pre-sale phase from May 21 to June 3, 25% in the second pre-sale phase from June 4 to June 17 and 7% during the main sales from June 18 to July 27, 2018.


On account of the distribution of tokens, we can say the following: 43% are allocated for sales, 48% – for future platform reserves, 5% for founders, 3% for ecosystem development and 1% for team. (tokens that are not allocated for sale will be mined within 10 years)

On account of the distribution of collected funds: 60% is allocated for the development of technology itself, 25% for platform marketing, 10% for operating costs and 5% for administration and legal costs.


At the expense of the plan for the development of the platform, we can say the following: in the first quarter of 2017, the idea of ​​creating a project appeared and planning began for its implementation. In the 4th quarter a prototype and technical structure was created. In the first quarter of 2018 preparations for the ICO began. In the 4th quarter, platform tokens will be flooded on various exchanges. In the first quarter of 2019, the conclusion of cooperation with various service providers will begin and in the fourth quarter it is planned to cooperate with top companies providing communication services. In the 1st quarter of 2020 – the conclusion of agreements with payment systems. In the 4th quarter – with companies providing electricity. In the 1st quarter of 2021 – a smart contract for gas companies. In the 4th quarter of 2021 – cooperation with companies that provide water. In 2022 agreements with intermediaries of the delivery of services will be broken and work will begin only directly with companies.

In conclusion, I want to say that the idea of ​​the project is really good. When creating such a mobile platform, life will become easier and you will be able to easily monitor the use of public services and pay for them. So, I think this platform will appeal to many. For a more detailed acquaintance with the platform, read Whitepaper.




Related Posts

You may like these post too

Dfinity — Review of ICO

LocalCoinSwap   — Review of ICO

Leave a Reply

it's easy to post a comment