FactR (FTR) - ICO rating and details

About Team Milestones Financial Ratings Whitepaper

About FactR

Our mission is to bring decentralized, immutable Blockchain technologies to the logistics, freight industry, and financial services, advancing and enhancing supply chain transparency and enabling trusted global freight, fleet and logistics transactions management.

By doing this, we will drive trust and automation in freight logistics transactions, lowering operations costs and enabling instant finance settlement.

Whitepaper

Missing whitepaper? Let us know.

Ratings

All ratings published on ICObench serve informational purposes only. ICObench does not provide investment forecast, recommendations or any consulting for that matter. Thus, neither ICObench, nor the experts can be hold responsible for the visitors’ investment decisions. Read more

Jeremy Khoo

4Team

4Vision

4Product

27%weight

Strong Commercial project. International team with record in data, freight and tech. It is clear that the freight industry requires blockchain and FactR may be of key importance should they execute on their product well.

+3Agree

-1Disagree

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Stephan De Haes

ICO Advisor, Community leader and COO/Co-founder Krypt.ly
Rated on Sep 27, 2018

3Team

2Vision

4Product

14%weight

Team passed KYC,but they don't speak about their project on their connected LinkedIn profiles,which makes it look like a side project for them,and they will need all focus on the project for investors... Team consists out of 4 members without advisors and blockchain contractor included. The logistics industry already has some strong crypto projects (Morpheus network for example) and they will need lots of hype and strong product to compete but they have almost no community and telegram action. to download the whitepaper you have to give your name and email, what if investors don't want to share those details intially? Only 25% being sold on public and pre sale which is very low. MVP available

+1Agree

-1Disagree

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Cory SkinnerICO team member replied on 4 Oct 2018

Thank you Stephan - we have the whitepaper available for download (https://www.factrpay.io/FactRWhitepaper.pdf) without the name/email, but also, we want to know who is interested (KYC?) in our platform.

Additionally, my LinkedIn does have me listed as Founder and CEO, and we post quite regularly on the business/project. I do however feel that we don't need a lot of hype, since FactR is mainly used with an internal token, for escrow based settlement via finance partners, this not needed to raise funds, etc.

I do appreciate your feedback and taking the time to post here - it will now drive further changes and make our offering stronger. Best, Cory

Benchy

ICO analyzer bot

3.8ICO Profile

60%weight

Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.

Ratings and ICO analyzer results are being updated (re-calculated) every few hours.

Press Releases

Blog

Team

Apply as an advisor

Cory Skinner

CEO & Co-Founder

Huan Jin

CTO & Co-Founder

Jenny Jin

Co-Founder, Logistics SME

Steve Downer

Business Consultant, Blockchain

Guillermo Ginesta

Advisor

Michael Szucsik

Crypto Developer

Jason Cassidy

Advisor

Luke Major

Advisor

Graham Westwood

Advisor

Kai Brown

Advisor

Sydney Ifergan

Advisor

Financial

Token info

Token

FTR

Platform

Stellar

Type

Stellar

Price in ICO

0.1500 USD

Tokens for sale

50,000,000

Investment info

Min. investment

1,000 USD

Accepting

ETH, BTC, Fiat

Distributed in ICO

50%

Soft cap

20,000,000

Hard cap

60,000,000

Raised

Unknown

Milestones

(**Completed**) Technical Design (TMS/Hyperledger/Stellar)

Complete Technical Design (TMS/Hyperledger/Stellar) of the logistics platform, smart contracts, escrows, token assignment/creation/burn and settlement via finance partners

(**Completed**) Token Creation

Create and publish/establish tokens for investemnt and utility within escrow create/transfer/burn processes on the platform and wallet.

(**Completed**) APIs and SDK

Complete APIs and SDK development, testing and deployment

(**Completed**) KYC/AML Mechanism for RoadLaunch/FactR

Need KYC/AML Mechanism for RoadLaunch/FactR.

Develop and integrate KYC/AML functionality

(**Completed**) Mechanism for semi-automated token purchase/sale

Development - Mechanism for semi-automated token purchase/sale

Provide users with a way to purchase/sell tokens directly from platform and wallet / SDK

(**Completed**) - Develop secure transaction wrapping and chain of custody

Development - Develop secure transaction wrapping and chain of custody

(**Completed**) Mobile app changes for digital wallet

(**Completed**) Update Mobile App with FactR wallet, other needed changes for SDK and multi part usage

(**Completed**) Integrate FactR SDK and associated community for partner/developer community

Build out multi language SDK for FactR wallet to be used in multi-industries (new wallets for new app and other applications)

(**Completed**) Integrate with RoadLaunch Hyperledger/Platform

Integrate with RoadLaunch Hyperledger/Platform - Milestone for the TMS, Hyperledge to be able to invoke FactR wallet

(**Completed**) Test Transactions / Settlement flow

Testing the workflow and transactions of the TMS & FactR wallet

(**Completed**) User Acceptance Testing

User Acceptance Testing - UAT formal acceptance and signoff

(**Completed**) Support technical migration and Go-Live

Post UAT, document and plan technical code migration for Go Live

(**Completed**) Upload Wallet code to GitHub / Code Sharign for partner use to production go live

Provide all source code for RoadLaunch and FactR as updated/developed for approved partners

(**Completed**) FactR is Live

All testing, security, scale and customer pilots are completed - FactR is live and in market

FactR

A Token for a New Logistics Platform

About FactR

Whitepaper

Ratings

Press Releases

Blog

Team

Cory Skinner

CEO & Co-Founder

Huan Jin

CTO & Co-Founder

Jenny Jin

Co-Founder, Logistics SME

Steve Downer

Business Consultant, Blockchain

Guillermo Ginesta

Advisor

Michael Szucsik

Crypto Developer

Jason Cassidy

Advisor

Luke Major

Advisor

Graham Westwood

Advisor

Kai Brown

Advisor

Sydney Ifergan

Advisor

Financial

Token info

Investment info

Milestones

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