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#Blockchain, #Lifestyle All projects

Treon: Brings Crypto Revolution To Utility Payments

Utilities bill payment made simple: Pay Telecom, Electricity, Gas, and Water bills in one click

stage Ended crowdsale

3.4 Rating

by 5 users


    KPLs

    • Employees7

    Team

    7
    man Hesham El Metainy

    Founder, Strategy

    Hesham is an accomplished executive with 25 years of experience in global Information & Communication Technology (ICT) companies. He reshaped major corporate strategies and led the design and implementation of commercial operations across MEA region and succeeded in overachieving revenue targets. He was the main catalyst behind the fast growth of international companies like Cisco Systems, Logica, Orascom, and Zain Group in Africa and the Middle East. Hesham was part of the core team that created and launched the first digital customer-centred mobile operator in emerging markets. He is a seed investor and advisor to a number of technology ventures.

    man Khaled Khorshid

    Founder, Technology

    Khaled started his 25-year career with leading consulting firms, namely Accenture and EDS where he led technology projects for disrupting old and creating new business models. His most recent was a Silicon Valley startup revolutionizing delivery, billing, and payment systems of solar-powered micro electricity grids in Africa and Asia. Khaled held high profile executive roles within large energy and telecom utilities in North America, Africa and Asia. His last of such roles was heading the 5th largest mobile telecom operator in Africa. He is a digital transformation specialist, advisor to few startups and a crypto entrepreneur.

    man Mohamed T. Kesseba

    Head of Marketing

    A Marketing and Strategy executive with 20 years of experience both B2B and B2C models who achieved an established record of influencing multi-million dollars in revenue, building new businesses from vision and strategy through execution. He held senior international positions at leading fortune 500 companies and is knowledgeable of major global markets across four continents. A Chartered Marketer, CIM UK, has an MBA from ESLSCA Business School France. Mohamed holds a Joint Post-Graduate Diploma in Digital Business by Columbia Business School and MIT an SVP sitting on the Internationally Accepted Marketing Standards IAMS™ Board at IIMP™, a full member of CIM UK and SCIP US.

    man Binal Patel

    Head of Technology

    Binal is a veteran IT Strategist with a strong techno-functional background. He holds 13 years of experience in the technology industry, including blockchain projects development. Binal has been active in crypto space since 2015 and has a comprehensive experience of decentralized technologies such as Ethereum, Bitcoin etc. He has a vast experience in building smart contracts on Solidity platform. Binal is one of the key team members of the augmented intelligence platform (tokensale.xchangerate.io)

    man Hoda El Kara

    Head of Corporate Communications

    A communication professional with a wide experience in PR, marketing, event management, multilingual content development and syndication. Worked in the Communication ecosystem for the past 12 years and delivered quality and consultancy services for high echelon clients in various practices such as technology, FMCG, leisure, fashion, luxury brands, real estate, government and global business advisories across Dubai and the Middle East. A veteran in event management, she co-founded an event management company and forged remarkable collaborative relationships in the private, public and NGO sectors. Hoda earned a Master degree in Translation from Saint Joseph University in Beirut-Lebanon.


    Advisors

    8

    Dr. Saad Al-Barrak

    Principal Advisor, Telecom strategy & Corporate governance

    Alain Sainte Marie

    Advisor, Telecom and Finance

    Dee Murphy

    Advisor, Branding and Design

    Anthony Blenman

    Advisor, Procurement and Cross-Trade agreements

    Jad Hindy

    Advisor, Digital Marketing and Communications

    Mathew Kimolo

    Advisor, Energy Utilities and Solar Power

    Ahmed Abdelgelil

    Advisor, Energy Utilities & Consulting

    Mark Hill

    Advisor, Legal & Copyrights




    Crowdsale details

    Distribution of tokens
    • Crowdsale (43%)
    • Future TXO Reserve (48%)
    • Founders (5%)
    • Ecosystem (3%)
    • Team (1%)
    Budget allocation
    • Technology (60%)
    • Marketing (25%)
    • Operations (10%)
    • Legal & Admin (5%)
    Details Indicators
    Token Symbol TXO
    Full Token Name Treon Token
    Pre-crowdsale Start May 21st, 00:00 GMT+03:00
    Pre-crowdsale End June 17th, 00:00 GMT+03:00
    Pre-crowdsale Soft Cap Yes, $0
    Crowdsale Start June 18th, 00:00 GMT+03:00
    Crowdsale End Hard cap is reached or July 17th, 00:00 GMT+03:00
    Crowdsale Hard Cap Fixed, $25000000
    Crowdsale Soft Cap Yes, $4000000
    Token type utility token
    Domain owner Individual

    Cost of the token

    6000 tokens for 1 eth

    Price without discounts

    Bonuses

    5/21/2018 - 6/3/2018:
    Below 2.5 ETH-20% bonus
    2.5 – 4 ETH-25% bonus
    Above 4 ETH-30% bonus


    Accepted currency

    • Bitcoin
    • Ethereum


    Rate the project

    Estimate the project on a five-point scale or switch to the simple scale

    Five-point scale Simple scale

    Relevance of the problem and Market size

    1 2 3 4 5

    Product competitiveness

    1 2 3 4 5

    Founders, Team & Advisors

    1 2 3 4 5

    Budget allocation and roadmap

    1 2 3 4 5

    Token economy, Tokenization & Business model

    1 2 3 4 5

    Distribution & Lock up of tokens, Discounts for early buyers

    1 2 3 4 5

    Summary rate the project

    1 2 3 4 5

    Rate the project by other users

    5
    Alexandr Gonchar August 22, 2018
    Rating of project
    3.7

    Advantages

    The project represents a mobile panel that operating on the basis of tokens and a wallet for municipal services payments, which can be used by millions of customers. Treon is a new form of private, instant, trusted and reliable transaction. Treon is simple and convenient, absolutely transparent and trustworthy, it's a universal platform for paying utility bills through only one panel. Treon makes paying your bills effortlessly and without problems in real-time, monitored and cost-effective, from almost anywhere. Treon is a platform which based on the Ethereum blockchain, created to allow consumers all around the world to manage and pay their monthly utility bills for use on telecommunications, electricity, gas and water.

    Risks and disadvantages

    This is an interesting project that can solve the pressing issues of millions of users and help them to save time on paying for numerous utility bills. However, the description of the project doesn't explain how payments can be made in different countries with different currencies, using one cryptocurrency, which vulnerable to high volatility.

    Comments

    I think this project is very interesting and can solve a lot of problems for users, and it can achieve success on condition that the team would be able to maintain the exchange rate of its internal cryptocurrency and in addition, there would be an internal exchange that will transfer the cryptocurrency into the fiat without high commissions.

    James Young June 16, 2018
    Rating of project
    4.3

    Advantages

    Very perspective and progressive platform and which is more important it has a practical value which is difficult to underestimate. Funds distribution looks quite pragmatic along with the Team supporting the project. The white paper provides enough details including business model, revenue streams within detailed explanations.

    Risks and disadvantages

    I have tried the demo on the smartphone and couldn't recognise any issues so far.

    Comments

    I am looking forward to this project become the solution, so I would be one of the first clients.

    Denys Serhiichuk June 05, 2018
    Rating of project
    2.5

    Advantages

    The team looks skillful, as member have many years of experience in running different projects. There are also advisors, which is a great plus for the future of the platform. 2 versions of Whitepaper is also an advantage: usual one and One Page.

    Risks and disadvantages

    Roadmap has only few steps of project development. I wish it would be more precise. Despite the fact, that the platform is focus on creating an application, there is no working product yet.

    Comments

    Paying bills with tokens is a great idea, however I am not sure whether companies which offer such services agree to accept digital assets. As there is no regulation yet of Blockchain in different countries.

    William Anderson June 05, 2018
    Rating of project
    3.3

    Advantages

    Bonuses are definitely going to bring lots of early buyers onto the project. With the social media platforms engaged the project will be able to reach out to many people who could be interested.

    Risks and disadvantages

    The road map has delays in execution of some tasks and these include the pre ICO sale which is more like a time wastage scheme because the team does not have trust in itself.

    Comments

    For the need of success a work plan has to be drawn or else the project might not make it past the crowd funding.

    Jordan Semanda June 05, 2018
    Rating of project
    3.3

    Advantages

    There will be reduced charges on the payment process as exbhunt charges will be done away with. The business module is unique.

    Risks and disadvantages

    There are no advisors attached to the team and this will hinder the effective of decision making. The road map of this startup is not elaborative and will tantamount to the dissolve of the project because it hasn't any planned way forward.

    Comments

    In this era were the world is becoming more and more mobile such a system is necessary because it makes payment of utility bills easy and in timely.


    FAQ

    FAQ

    What is Treon?

    Treon is a token based mobile dashboard and wallet solution for utility bill payments, specially designed for the billions of customers using public utilities to settle their bills using blockchain smart contract technology. Treon is a new form of private, instant, verified and reliable transaction.

    What kind of token is TXO?

    Treon (TXO) is an ERC20 based token. The amount of tokens is definitive and TXOs are premined.

    Where is the Treon team located?

    Treon team is distributed globally by design: integrated development team based in India for proximity to pools of technical experts; product management team based in Egypt for proximity to African and Asian target markets; strategy, investment, and commercial team based in Dubai for proximity to financial hubs, and a corporate structure with applicable crypto licenses based in Estonia.

    What is the purpose of the TXO token?

    TXO tokens can be used as Utility payment by all the customers and also as a settlement tool between different utility providers. It is designed as Utility tokens for payment, top-up and recharges on our platform.

    When does the ICO start and end?

    The pre-sale is planned to take place between 21st of May 2018 to 17th of June 2018. The ICO is going to take place between 18th of June 2018 to 17th of July 2018. Tokens are expected to be distributed within 2-4 weeks after the ICO ends.

    Can anyone participate in the pre-ICO/ICO?

    Anyone from around the world can participate in Treon ICO, except USA based participants.


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