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Main details
Token: Trace (TRAC)
Total supply: 500 000 000 TRAC
Available for sale: 250 000 000 TRAC
Token Standard: ERC20
Accepted currencies: ETH
PRE-SALE
Start: January 15th, 2018
End: January 28th, 2018
Token price: 1 TRAC = $0.10
For sale: 125.000.000 TRAC (10 Million USD)
Soft cap: NONE
Hard cap: 125.000.000 TRAC
20% discount in the first week; minimum contribution 5 ETH
Public Crowdsale
Start: January 29th, 2018 - or as soon after presale's cap is reached
End: February 12th, 2018
For sale: 125.000.000 + (any outstanding distribution from Pre-Sale)
Soft cap: 5 Million USD (all periods)
Hard cap: 125.000.000 TRAC + (any outstanding distribution from Pre-Sale)
Token price: 1 TRAC = $0.10
Minimum contribution 0.5 ETH
Our Mission
We believe that transparency is the new norm for better safety and quality of products we use every day. OriginTrail is a protocol that addresses the crucial challenges that need to be overcome to enable trustless sharing of data in supply chains. By introducing decentralized protocol we are creating a foundational technology for trusted supply chains. Our team is building on years of experience with product traceability and OriginTrail protocol was already recognized by the world’s largest retailer.
Winner of Walmart 2017 Innovation Award
What Is OriginTrail
OriginTrail enables seamless data sharing along any supply chain. The decentralized, blockchain-supported network protocol ensures trust, transparency, and security. It helps companies exchange relevant data seamlessly and in a secure way to build accountability, protect their brands and increase efficiencies. Token Generating Event will enable development of the OriginTrail Decentralized Network that will be scalable and applicable to any product supply chain.
How OriginTrail Works
OriginTrail is a purpose-built decentralized protocol running on a network of public nodes and enabling blockchain supported data sharing in supply chains. It enables seamless and automatic data connection and interoperability between IT systems and devices of different stakeholders in multi-organisation supply chains, with consensus mechanisms for ensuring integrity of data. Data exchange is based on globally recognised GS1 standards, while existing blockchain solutions are being used to keep fingerprints of the graphs ensuring immutability. This brings a profoundly new way of building transparency in supply chains and provides a necessary foundation to build new value - increased trust, optimised supply chain efficiencies, automated compliance and enforce quality assurance processes.
Using OriginTrail, all stakeholders can securely share their data and keep sensitive data fully encrypted at all times. By supporting global standards for data exchange (GS1, IoT, compliance standards), OriginTrail assures compatibility with existing ERP systems, making implementation process quick and efficient. Finally, it is fully decentralised. It removes the possibility of collusions and introduces full accountability for the data provided. OriginTrail is built on existing use cases.
Token Generating Event will enable development of the OriginTrail Decentralized Network that will be scalable and applicable to any product supply chain.
Who Will Benefit
Partners in Supply Chains
OriginTrail is based on industry-standard global GS1 standards which are needed for wide adoption of the solution and is also ready to incorporate Internet-of-Things (IoT) data. This will enable development of a wide range of decentralized apps for supply chain management, certification, brand protection, and much more.
Consumers
Modern supply chains are complex and opaque, information can easily get lost. We have experienced a number of affairs in the recent years, leaving consumers concerned. OriginTrail solution will enable the brands to be more transparent to consumers, thus increasing the standards and trust in global supply chains.
Environment
More transparent supply chains, with less risk for fraudulent behavior, bring benefits to the society in general. In addition to increasing efficiency and brand protection, trusted information, hashed on the blockchain, diminish possibility for bad environmental practices and poor labor conditions.
Supporters
OriginTrail will issue pre-mined, non-inflationary utility tokens (TRAC), which will be used to safely store information on the OriginTrail Decentralized Network. Value of the tokens will increase with the use of the network.
Founders
Tomaž Levak, CEO - LinkedIn
Žiga Drev, COO - LinkedIn
Branimir Rakić, CTO - LinkedIn
The rest of the team is listed on our website.
Advisors
We are proud of our board of industry-renowned advisors.
John G. Keogh - Supply Chain Integrity & Standards - LinkedIn
Tomaž Štolfa - Growth & Integrations - LinkedIn
Jan Karnath - Marketing & Communications - LinkedIn
Andrej Muževič - Business Development - LinkedIn
Srdjan Krčo - Internet-of-Things - LinkedIn
Brigham Ricks - Legal Advisor - LinkedIn
Media
Mapping the Blockchain Project Ecosystem
OriginTrail – Winner of Walmart 2017 Food Safety Innovation Award Announces Presale
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