FR8 (FR8)

FR8 (FR8) widget

ICO date:
Product Type: Marketplace
Industry: Supply & Logistics
Description:

Fr8 Network is a set of decentralized applications designed to connect the freight industry’s fractured value chain by connecting key stakeholders, removing high-cost arbitrage, increasing efficiencies, and re-aligning incentives to deliver increased value to all players.

Features:

Fr8 token powers all Fr8 Board transactions, acts as credit escrow, and enables instant settlement. Fr8’s trustless token economy eliminates centralized control by ensuring valuable data can’t be coopted into walled gardens.

Fr8 added value services delivers complementary technology and services that helps our community grow, as well as providing a platform to partner with other verticals on new opportunities. Services like Fr8 Factoring deliver access to lowcost capital for carriers, shippers, and independent brokers - and enables new entrants to hold and loan Fr8 Token. Fr8 Rewards program opens up new opportunities to partner with complementary industries on discount programs for everything from parts and service, to insurance, fuel, food, and accommodations.

Fr8 Board is a decentralized marketplace for carriers and shippers to coordinate freight transactions through customizable smart contracts.

Fr8Brokers will act as critical enablers in the market, absorbing risk and providing credit so that shippers and carriers can take the contracts that best suit their needs while simultaneously improving efficiency in the value chain.

Website: fr8.network

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See also