TxHash Network

TxHash Network

Created using Figma
Created using Figma
Simplest way to track payments and smart contract events. Monitor and keep track of any address. Notify your services and APIs with a few clicks.
Public Sale
May, 2018
Jun, 2018
100% completed
Raised funds - no Data
past
Presale
Apr, 2018
May, 2018
100% completed
Raised funds - no Data
past
Token Details
Ticker
TXN
Company Details
Registered Country
Gibraltar
Additional Details
KYC
Yes
Categories
Platform, Internet, Software

About TxHash Network

Enabling web 2.0 services to listen and react to events on distributed ledgers. TxHash Network allows web 2.0 apps, in a decentralized manner, to track and react on DLT transaction events.

TxHash Network Roadmap

  • Q2 2017

  • Development started
  • Q3 2017

  • Launched First Alpha Prototype
    Ethereum Payment Notifications
  • Q4 2017

  • Added BTC and LTC Notifications
    Started Development of IFTTT API Bridge
  • Q1 2018

  • TxHash Tracker Beta Launch
    IFTTT Service Partnership
    Added Ethereum Smart Contract Notifications
  • Read More
  • Q2 2018

  • Announced TxHash Network
    Publishes Whitepaper
    TxHash Network Private-Sale and Pre-Sale
  • Q3 2018

  • TxHash Network Public Sale
    TxHash Network Token Generation Event (TXN)
    Research Proposed Architectures
    Add Zapier Support
  • Q4 2018

  • Implement Additional Protocols
    Research Sharding, Off-Chain Support
  • Q1 2019

  • TxHash Network Testnet
    Test Rewards in Kovan
  • Q2 2019

  • TxHash Network Mainnet
    Launch Node Rewards
  • Q3 2019

  • TxHash Network Analytics Testnet
    Decentralized Triggers Testnet
  • Q4 2019

  • TxHash Network Analytics Mainnet
    Decentralized Triggers Mainnet

Activity

Posts:
9
VERY LOW
Followers:
117
VERY LOW
Likes:
101
VERY LOW
Followers:
488
VERY LOW
Tweets:
11
VERY LOW
Members:
6 796
HIGH

Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Founder and CEO
unverified
Front-end developer
unverified
Backend developer
unverified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Last News

N/A
5.0 15
ICO Profile Vision Activity Potential Product Team

TxHash Network Reviews

icoscoring.com
ICO review website

Somewhat related competitors, such as Etherscan and Blockseer have large audience and may implement the tools of TxHash.  The first app that TxHash aims to develop is an event-tracking analytics solution - TxHash Analytics - which will allow tracking events, accounts, and smart contracts. In this way, TxHash Analytics can become an analog of what Google Analytics does for internet website owners, except on the blockchain. TxHash development started from TxHash Tracker development. This service has been in development since June 2017, when it started as a proof of concept. Then a private alpha was tested before launching the public beta in January 2018. TxHsdh network Test Net is planned for Q1 2019. Mainnet is expected in Q2 2019.

A node operator simply installs the TxHash plugin on a node running a supported client with enabled JSON RPC API. The node then becomes part of the TxHash Network. Nodes in the TxHash Network signal their intention to participate in the network by staking TXN tokens in a smart contract on the Ethereum network. A node then starts monitoring new transactions to the ledger for addresses that match the target of one of its delegated TxHash Tracker instances. TXN tokens are distributed to nodes at a consistent interval from the Node Rewards Reserve.

TxHash soft cap will be $5M, hard cap - $15M. The team aims to sell 40% of the tokens. Therefore the company valuation will be in a range from $12.5M to $37.5M. In our opinion, in case of hitting Hard Cap, the company will be overvalued. We think that the event tracking protocol valuation of $37.5M is too high. For comparison, Blockseer raised $14.5M in March 2018, according to PitchBook. However, Blockseer is a more complex blockchain analytics platform and it offers more analytical tools. There will be 20% of tokens reserved for team and advisors. The team vesting period will be 2 years. It is unclear what kind of a vesting scheme will be used for team bonus. The team will spend 40% of the funds on product development, 25% on marketing, 20% - operations, company reserve - 10%, legal&administrative - 5%. There will be two pre-sale rounds with discount of up to 35%. There will be a lock up of 60 days on the bonus.

Now There are just 3 people working in the team. The whole team size is unclear. Team members are not strong, "all star" experts in software development or cryptography. There are no specialists with deep expertise in blockchain/distributed systems/cryptography.

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