You guys are working on it since 2014. So, is there any MVP available?
It is really a very long roadmap and there is still road to go.
They have something better than a mvp. They have a patent.
A bit offtopic, but I disagree that a patent is better than a mvp. As someone with past experience investing in biotech stocks: patents are worthless if the product is not fit for market. What happens then is the burn rate is high while there is no turnover, so to even survive for a short period before going completely broke the company has to sell licenses of their patents to competitors.
But sure, there are also companies that thrive on hoarding patents and suing infringers for staggering figures with no intention of ever making a product. So called patent trolls.
They need to partner up with freight companies that want to use their system relatively soon. that will be the hardest task.
Where can a find a breakdown of how the raised funds will be used? Since the software seems to be working I would be interested to see what you will spend the money on.
According to their whitepaper, funds will used as:
"The proceeds of the TGE are intended to be used for the ongoing development of
the Platform and LaneAxis, as outlined in this White Paper, as well as Axis Token
International’s and LaneAxis’ ongoing expenses, reimbursement of expenses
incurred by Axis Token International and LaneAxis in connection with the
preparation for the TGE, creation of the AXIS Tokens and other expenses of
Axis Token International and LaneAxis incurred in connection with the
development of the Platform. However, there are no restrictions on
how Axis Token International may use the proceeds of the TGE,
and Axis Token International may use the proceeds of the TGE
as its board of directors believes is in the best interests of
Axis Token International, LaneAxis, the Platform and the
holders of the AXIS Tokens.
"
Definitely a long road to, they started in 2014 and their roadmap goes until 2022. But logistics, transportation are always be number 1 priority due to world trade, so if they can pull through their is a huge possibility for success.
