Trace Network is an enterprise grade decentralized finance protocol harnessing the capabilities of composable smart contracts, permission-less financing options powered by DeFi
Dec 12, 2023 00:00:00
Dec 30, 2023 00:00:00
ICO Details
What Is Trace Network?
Trace Network is an enterprise grade decentralized finance protocol harnessing the capabilities of composable smart contracts, permission-less financing options powered by DeFi and NFT based unique merchandise identification solutions to unlock the billions of dollars’ worth of business potential otherwise undermined due to poor merchandise inventory & ownership management, costlier trade financing & banking options, and perennial inefficiencies in par diem business transactions.
Trace Network Unique Features
Roadmap
Updating…
Trace Network Token Economy
Governance
TRACE is the governance token and empowers network users with governance control over the protocol. Network users & holders shall be able to run protocol on a day to day basis and participate in various decisions accordingly.
Protocol incentivization
TRACE would be distributed as a reward to network participants through various incentivization mechanisms from time to time.
Protocol participation
TRACE token is the fuel of the network and ecosystem which makes it mandatory for network participants to use for transactions & participate in operations of the protocol.
Staking rewards
A major portion of TRACE’s total supply is to be distributed among network users and therefore, TRACE will be used to incentivize staking on the network.
Interoperability & cross-chain settlement
TRACE will be used as a unit of settlement for all cross-chain settlement and a reconciliation unit for multi-chain interaction including inter & intra-chain transactions.
Detailed Token Metrics
Trace Network private sale price:
Updating…
Token Distribution
Token Release Schedule
Updating…
Partners & Advisors
Updating…
Team Members
Updating…
Investors
Marquee investors include industry heavyweights, such as AU21 Capital, NGC Ventures, OKEx Blockdream Ventures, LD Capital, Spark Capital, Morningstar Ventures, Inclusion Capital, Lotus Capital, Spark Digital Capital, Moonrock Capital, Blocksync Ventures, 18.ventures, DAO Maker, Acheron Trading, EthDesign, Genblock Capital, Master Ventures, GBV Capital, Black Edge Capital and Moonwhale Ventures, as well as many other reputed angel investors, such as Sandeep Nailwal, chief operating officer and co-founder of Polygon.
Lokesh Rao and Sunil Arora, both well-known in enterprise technology, co-founded Trace Network with the vision to redefine the product life cycle and traceability for luxury and lifestyle products.