TREON — To ICO or not to ICO

Gecko Trader
Cryptocurrency Beyond Limits
5 min readJul 16, 2018
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.

“Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas.”

Paul Samuelson, Economist

Paul Samuelson’s comment above is very interesting because it talks about patience and this is what all venture financing (VC) investors must have when undertaking to invest. It is clear that all certainly have their own criteria when committing to do so. However, despite their criteria being varied, they all have one agenda. This agenda is very succinctly summed up by Warren Buffet when he commented “Rule №1: Never lose money. Rule №2: Never forget rule №1”. Indeed the aim of the game is to gain high returns. The aim is to be a winner. The market place is often tough so staying a winner and not losing out over the years is both difficult and complex. This is clearly a factor as to why in the past often exciting projects have often not been given enough consideration by some investors.

With one click of a button, you will be able to purchase (TXO) tokens, view your usage and effect your payment for all your utilities anywhere in the world. Combining the ease of using a single interface through multiple payment options to settle bills of different Utility companies on one dashboard.

The good news is that times are changing and “dried paint” and “the Las Vegas excitement buzz” do not necessarily need to be separated. Indeed the investment “game” is transforming as the popularity in ICOs grows. ICOs have seen what can only be described as a meteoric rise since 2017 resulting in $2.3 billion being raised to date as blockchain companies turn to crypto currency. This has been only good news for rising unknown projects such as TREON. However the question still at times hangs in the air of whether going down the traditional venture financing path is a more solid bet. The answer to this is perhaps the question of just what you are expecting from your investment. However, one motivating pointer to favouring the ICO is that unlike VC is not a cumbersome process. ICOs offer a process which is a lot more flexible and less rule bound. Indeed this is the reason why we are experiencing a sea change in how companies and potential investors view the ICO.

A decentralised utility payment gateway and processing wallet app that are built for all customers around the world including the unbanked, with a consolidated and simple smartphone app to manage and pay all your due payments across various utility accounts.

Treon gives back rewards to customers against using TXO tokens to make adoption and usage much more appealing. Additionally, such savings will be the catalyst for utility companies to move their cross — trade contracts to the blockchain in order to cost effectively manage their business dealings.

Through the consolidation of the above margins and fees, Treon Business model is built to address a growing global market and be a true partner to utility providers, bringing real value to consumers and providers alike.

Buy TREON Token (Click Here)

The business model of Treon is based on multiple revenues streams coming from different utility services, mainly from distribution margins, transaction fees and platform usage fees. Treon (TXO) will realize healthy margins while delivering significant savings to utility providers.

One of the main attractions of crypto currencies is their liquidity. The ICO offers investors with an alternative to the lengthy investment process involving investing large amounts in a startup which is then locked up in the equity of the company. They offer the opportunity for investors to see their gains much quicker and to take out profits much more easily and of course as we have already said — the aim of the game is just that. An additional game changer is also that ICOs can appreciate much faster in value. Everyone knows by now the incredible rise in the value of the Bitcoin which was worth $100 in 2013 and by 2017 had grown in value to be worth $4000. Clearly the potential ROI for investors using crypto currency is much higher.

Treon will ensure the integrity and security of the e-wallet using Ethereum blockchain smart contracts acting like multi-signature wallets (multisig). We partnered with multiple cryptocurrency wallet experts to provide Treon (TXO) users with the best experience of the crypto ecosystem.

These are both highly attractive reasons for getting on board. Perhaps equally important is its accessibility. This accessibility is a mentality in itself. Indeed it goes hand in hand with the mind-set of those collaborative communities. TREON was probably inspired by the fact that the ICO is open to everyone. Anyone can become an integral part of a project and therefore be a part of that engine which fires it. Just as with Freelabster, Airbnb and Uber, whereby the general public can get involved by providing a service, here anyone can become an integral part of a company’s first steps, subsequent success and growth.

Buy TREON Token (Click Here)

Furthermore and certainly again fitting entirely in the collaborative mentality, the ICO is without boundaries. Traditional venture financing is more than often geographically limited to those financial hubs such as New York, Paris or London. However, the ICO removes this limitation and opens up opportunities for anyone in any geography. It could be described as a democratic funding strategy. Certainly the workings of the ICO could be compared to Google’s IPO in 2004 which used a Dutch auction model to allow everyday people the possibility to become a part of the company’s CAP table and so reap the benefits. It was recently pointed out by an ICO expert that “If the ICO process itself drives adoption for a product, a startup might find that the first 1,000 or even first 100,000 user problem has largely vanished during the fund raise process itself. The startup is not just getting capital, but also its first customers”.

Buy TREON Token (Click Here)

The list of advantages does not end here but my aim, as indicated earlier, is simply to whet the appetite. Clearly the ICO is here to stay because its advantages are huge. What they offer is not only attractive but it is compatible with the way we do business today in this connected world. They clearly have their place in the world of investment and as for those still sceptical, perhaps good to know, they pass that all important criteria outlined in the “howey test” in 1964. As with all investor games, however, getting in early is all about reaping the benefits more. Projects on the “market place” today such as TREON are inspired by the mindset of the future as well as their wish to revolutionize their industry. It is this sheer modernity and way of thinking which will be one of the reasons they will be ICO success stories of tomorrow.

For More Details Visit these links:

Website: https://www.treon.io/
ANN Thread: https://bitcointalk.org/index.php?topic=3403731
ICO: https://www.treon.io/#

Author:

Bitcointalk username: GeckoTrader
Bitcointalk Profile link: https://bitcointalk.org/index.php?action=profile;u=1846257

--

--