Treon Paying utility bills using cryptocurrency
Treon New Revolutionary Way To Pay Your Bills
Treon is a new platform that is created to offer seamless and easiest way to pay all your bills using 1 system only. It is easy to use and will give you many personal benefit in their rewards scheme. Whether you are a novice user or a crypto guru then Treon is the great and easy way to pay all those bills by using your cryptocurrency. It is safe, fast, easy and trouble free way to pay!
Treon is a token-based mobile application offering convenience in viewing and paying utility bills all at once in a single user dashboard. Using the blockchain technology as backbone, paying the bills with just a click is what Treon meant by its “smart contract technology”. You can pay the bills using the TXO currency of Treon which is based in the Ethereum blockchain. TXO offers a secure way in paying the bills using a mobile application where utility companies are connected as well which results in a single dashboard view of all your utility bills in real time and ready in one go. This solution provided by Treon will allow people from borders to borders or across nations to pay the necessary utilities at the comfort of their homes without leaving.
Treon is a new platform that is created to offer seamless and easiest way to pay all your bills using 1 system only. It is easy to use and will give you many personal benefit in their rewards scheme. Whether you are a novice user or a crypto guru then Treon is the great and easy way to pay all those bills by using your cryptocurrency. It is safe, fast, easy and trouble free way to pay!
Treon also viewed as a new “Utilities Token" that securely and seamlessly allow consumers around the world to easily manage and pay for their telecom, energy, and water usage. With a consolidated dashboard consumers will be updated on their consumption on one-screen, and with a one-click process will be able to pay their bills instantly with Treon tokens (TXO), other crypto, or fiat currencies. Paying with TXOs will reward consumers with loyalty points that can be redeemed for their preferred consumption units.
TXO is focused on providing exciting value-added services that will simplify utility management and payment processing like never before : consumers will instantly affect their payments using a very simple combined dashboard. In addition, Treon (TXO) is on its way to bringing a large number of new users to the Crypto space by connecting billions of utility customers to Blockchain Technology.
Treon is a platform on the Ethereum blockchain built to enable consumers around the world to manage and pay their monthly utility bills for usage on telecom, electricity, gas, and water networks. The mobile phone as a mainstream digital, always-on tool is one of the corner-stones of Treon’s business model and mass adoption strategy for the billions of consumers. Treon is a robust, modular, Ethereum blockchain-based, decentralised utility payment gateway and processing wallet app that any consumer can use from around the world to pay their utility bills. Treon aspires to become the tool and token of choice in a completely decentralized and inexpensive way.
For unbanked customers, there are assured benefits of using TXO tokens. Obviously, there is a learning curve for the customers to learn to access TXO as a settlement tool so in the interim we are offering and will continue to offer other payment tools. Treon’s core purpose is to provide all sorts of payment methods that exist today for the customers around the world to try to ease their day to day pain as we foresee that cryptocurrencies will be part of the regular day to day transactions soon. You can go ahead buy the TXO at https://www.treon.io/ or read more details on this TXO launch at https://bitcointalk.org/index.php?topic=3403731.msg35625366
By offering utilities access to buy Treon tokens for their cross company settlements and to provide their consumers the access to buy Treon directly as a mean to settle their bills and recharge their accounts. The current high commission will be reduced as Treon will reach out to utilities eventually to negotiate a direct agreement on a lower cost for the operators.. This is part of the whole onboarding program we will work on with utility companies to bring incremental revenues for them while reducing their operational cost. Token Release Model will be based on Proof of Stake algorithm for issuance. Licensed utility companies and their ecosystem partners will have the right to be issued TXOs.
Release rights to utilities will be based on an aggregate score composed of 5 criteria. We internally refer to this score by Treon Utility Score (TUS) because it measures how much Treon is integrated in the company’s business and systems. The higher TUS score the company has the higher the number of TXOs it will be issued. TUS criteria are:
TXO volume exchanged by Utility’s customers: 50%
Compliance Score for completed KYC, AML/CFT, FM activities: 30%
Utility’s size (network, volume, market share, etc.): 10%
Having an integration already with Treon: 5%
Activities done by utility to promote Treon adoption: 5%
Hurry up and get the TXO token, support the organization and at the same time give more benefit to you in your utility payment. The token sale as scheduled in https://www.treon.io/
Period of Pre-Sale : 21-May-2018 to 17-June-2018
Period of ICO : 18-June-2018 to 17-July-2018
Pre-sale minimum investment amount : 0.1 ETH
Tokens available during Pre-sale :118.2 Million TXOs
Tokens available during ICO :281.8 Million TXOs.
The Roadmap of Treon development:
- Q1 2017: Starting from Idea and planning
- Q4 2017: Technical architecture and prototyping
- Q1 2018: ICO planning & preparation
- Q4 2018: Request a Token on the Crypto Stock Exchange
- Q1 2019: Onboarding Telecommunication Provider
- Q4 2019: Agreement with Telecom top-up distributor
- Q1 2020: Agreement with payment gateway
- Q4 2020: Onboarding Electrical Company
- Q1 2021: Smart Contract for natural gas companies
- Q4 2021: Onboarding company Water Utility
- Q1 2022: Launch of Telecom reseller agreement
- Q4 2022: Close all reseller agreement of utility provider
TXO allocation will be:
- Founders get 9%
- Ecosystem get 5%
- Team get 2%
- Reserver get 84%
While the spend allocation is planned to be:
- For Technology = 60%.
- For Marketing = 25%.
- For Operations = 10%.
- For Legal and Admin = 5%.
Based on the roadmap above, it will develop and gain broad market adoption so do not get left behind, go get the TXO now at https://www.treon.io/
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