Tron Logo
Trade on HitBTC
Like this video

Team Fr8 Network

Unleashing the Power of Blockchain

The $700B US trucking industry is the backbone of American commerce with 80% of all cargo transported overland by trucks, yet it is plagued with inefficiency and ultimately controlled by a bloated intermediary brokerage system whose incentives are not aligned with the true stakeholders. Imagine forming a blockchain platform bringing together shippers, carriers, truckers and brokers where they can place and track orders, assess performance records, compare pricing and extend credit. Add in a set of decentralized applications (DApps) linking up these stakeholders--and a new digital token speeding their transactions--and you could cut billions of dollars in inefficiencies from the $700 billion-dollar-a-year trucking industry. That is the vision of Fr8 Network, a newly formed upstart that aims to take the pain out of shipping by targeting, in particular, the $66 billion a year in fees exacted by some 16,000 middleman brokerages. Some key points: · Potential savings are huge. Trucks travel an astounding 29.6 billion miles every year only partially loaded or entirely empty--a waste of capacity even as businesses struggle with a shortage of drivers. · Cut that unused capacity in half, and we could save $30 billion a year in fuel costs and reduce carbon emissions from trucks by 100 million tons per year, 20% of their total carbon output. · By matching customers to and carriers online, the industry could sidestep broker fees that pose up to 20% of the cost of shipping goods; cut fees in half and the industry saves some $30 billion.

2.6
3 2 expert ratings
Benchy 2.3
KYC
Experts
3.5
4.0
3.5
Review: coming soon PRO
~$1,213,222
value of tokens sold in ICO
Ended
Token
FR8
Type
IEO launchpad
Price in ICO
0.1500 USD
Country
USA
Whitelist/KYC
KYC
ICO start
16th Apr 2019
ICO end
22nd May 2019
Visit ICO website
Report

Team

Apply as an advisor

Jon Fox

CEO

Sloane Brakeville

CTO

Ling Qing Meng

VP Engineering

Shankhri Balaji

Chief Strategist

Yevgeniy Spektor

Lead Engineer

Barry Glasco

Senior Enterprise Engineer

Michael Zargham

PHD Mathematician

Matt Barlin

MIT Trained Data Scientist

Peter Crane

Business Development

Will Kamensky

Community Management

Advisors

Scott Walker

Partner Distributed Network Advisors (DNA)

Dustin Boyer

Partner Distributed Network Advisors (DNA)

Emily Bush

Partner Distributed Network Advisors (DNA)

James Regenor

Deputy Executive Secretary National Security Council Executive Office of the President for Bush and Obama Administrations

Adam Helfgott

CEO Madhive

Tom Bollich

CTO Madhive

Court Coursey

Managing Partner, Tomorrow Ventures

Konstantin Richter

CEO Blockdaemon

Alex Lightman

CEO Millennium Energy Corporation

Matt McGraw

Founding Partner, The Bureau

Matt McKibbin

CDO, Decentranet

Ted Moskovitz

Founder, Decentranet

Eric Greenberg

Founder, Chairman and CEO Warp Media

Scott Nelson

Chairman & CEO Sweetbridge

Mac McGary

President, Sweetbridge

Dave Henderson

Co-Founder and CFO Sweetbridge

Rebecca Lerner

EVP Madhive

E. David Ellington

Founder Silicon Valley Blockchain Society

Amit Pradhan

Managing Partner Jet Ventures

Add to bookmarks
ICO KYC Report
Not conducted yet
KYC procedure verifies selected/specific team members only. It does not guarantee ICO success nor is a call for investment.
Missing or incorrect data? Let us know.

ICOs that might interest you

WINSSHI

Winsshi is the world's first decentralized gaming platform with revenue sharing module.

31 days 13 hours left
4.5

Mindsync

Mindsync is a platform to solve customer's tasks with AI technologies competitions as w...

32 days 3 hours left
4.7

PointPay

First Worldwide Working Crypto Bank Ready and Live, Live Working Fiat Exchange, Live Wo...

62 days 3 hours left
4.4

LOHN

Lohncontrol develops a business platform for processing economy based on an innovative ...

Cookies help us deliver our services. By using our services, you agree to our use of cookies.

Learn more Got it