Fr8 Network Launches FR8 Token Sale on LATOKEN Cryptocurrency Exchange
Logistics and blockchain startup Fr8 Network to launch a public token sale on preeminent cryptocurrency exchange LATOKEN.
SAN FRANCISCO, May 16, 2019 /PRNewswire-PRWeb/ -- Fr8 Network (https://fr8.network) is excited to announce an upcoming public sale of FR8 token on the popular cryptocurrency exchange LATOKEN. Beginning May 15, 2019 registered users of LATOKEN can purchase FR8 through LATOKEN's token sale platform. This exclusive purchase opportunity will be available for 7 days before the launch of the FR8/BTC trading pair launching on May 22, 2019.
To sign up for the sale and begin depositing FR8 please visit http://bit.ly/2YVDpYW.
Fr8 Network is a leading blockchain and logistics startup focusing on inefficiencies in global trade. Starting with the $800Bn US trucking market, Fr8 Network will drive improvements in visibility and trust through an online marketplace of applications.
"As a tool to incentivize behaviors in an ecosystem like US trucking, digital assets are incredibly useful," says Sloane Brakeville, CEO of Fr8 Network. "Where many logistics professionals are slow to adopt new technology, having a way to incentivize marketplace members to participate becomes a big advantage. We plan to use FR8 tokens as a way to pay for software subscriptions as well as reward drivers for uploading data during deliveries."
Fr8 Network has also reserved an allocation of FR8 for industry professionals who wish to join the ecosystem early.
"We ask that companies and professionals in the logistics community reach out to get more information," Sloane Brakeville noted. "Many of the products we are working on depend on data from organizations joining the network. For example, a trucking company's Fr8 Score can be enhanced for a brokerage firm to give their salespeople quick compliance validation when booking with unfamiliar trucking companies."
By hosting a public sale of FR8 we look forward to having new users join the broader Fr8 Ecosystem. LATOKEN is already a leading cryptocurrency exchange that will provide a method for new ecosystem entrants to participate in the exciting things happening at Fr8 Network.
About FR8 Network
Fr8 Network is transforming global trade through blockchain enabled solutions. Started by an ex-IBM Blockchain Labs founding member, Fr8 Network is connecting the global logistics industry to reduce disputes, paperwork, and improve visibility into shipments. Front end applications on the marketplace being built by Fr8 Network are backed by the Fr8 Protocol. The blockchain-backed Fr8 Protocol collects data from all participants in a shipment's lifecycle. That data is used in conjunction with modern user interfaces to address the coordination challenges facing the $15.5Tn logistics industry.
About LATOKEN
LATOKEN is a rapidly growing Top-30 crypto exchange focusing on providing liquidity for new tokens:
$200+ million daily turnover
135,000+ registered traders
350+ crypto pairs available for trading
Besides crypto trading, LATOKEN users can participate in selected Tokens Sales at pre-sale and crowd sale stages.
FR8 Token does not constitute an investment. There are crypto coins or tokens in the market that either explicitly or implicitly are intended to have features characteristic of securities and that promise or that are intended to provide a return to investors in a manner comparable to the types of returns expected by equity investors. Our Token; however, is not such an investment. Our Token was created and exists in order to provide holders discounted access to services provided by Fr8 Network.
SOURCE Fr8 Network
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