TREON

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 cornerstones of Treon’s business model and mass adoption strategy for the billions of consumers.

VISION

Treon aims to become the new “Utilities Money” to transact on and off utility networks. We envision a world where banked and unbanked consumers are equally enjoying the convenience and security of knowing and paying for what they used from minutes of voice calls, gigabytes of data, kilowatts of electricity, thermal units of natural gas, or gallons of potable water. All from one online and consolidated dashboard running on their smartphones and paying for such usage using the currency of their choice -- crypto or fiat -- by few simple
clicks.

Treon team designed a robust and unique digital platform, smartphone app and a wallet to enable customers to manage their services from one place with utility providers and pay for their usage through a consolidated application, which is connected to each provider through open and secure interfaces. In addition, to grow this new ecosystem, Treon will reward customers every time they use Treon tokens (TXO) to top-up their utility accounts or settle their utility bills.

Moreover, we envision that utility companies will find Treon tokens one of the leavers for their long overdue digital transformation. We strongly believe that Blockchain smart contracts is the eminent next wave of automation for utilities to manage and settle bilateral/multilateral agreements amongst them. The efficiency, speed, and savings Treon platform and TXO tokens will bring to bear is a strong attraction for utilities to adopt. The way public utilities are managing interoperability agreements amongst them is ready for disruption from within. The Treon token ecosystem will digitise these agreements on smart contracts so that telcos’ interconnect and international roaming agreements (IIR), energy companies’ power purchase agreements (PPA) or wheeling agreements, etc. would be managed and settled via cryptocurrency using TXOs. We envision Treon as a strong enabler of digitally transforming the utilities industry on the consumer and enterprise fronts.

BUSINESS MODEL: THE FUTURE OF UTILITY PAYMENT EXPERIENCE

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

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.

THE PROTOTYPE

1 TOKEN, 1 SCREEN & 1 CLICK

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.

CONVENIENT

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.

SECURE

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.

TREON TOKEN

The Treon Token (TXO) will be based on the TPP ecosystem. The TXO token is the payment mechanism for utilities adopting Treon Payment Protocol (TPP). It will initially build on the ERC20 standard interface but will extend the money transfer process so that advanced payment methods can be utilities. The TXO token is designed to be different from current cryptocurrencies as it will allow comprehensive all-in-one billing mechanism to be implemented in a flexible way.

Token Details

Token Symbol: Treon (TXO)

Total Supply: 1,000,000,000 Billion

Allocation: 429.7 Million

Soft Cap: 4 Million USD

Hard cap: 25 Million USD

Currency: ETH, BTC

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