TraXion would like to inform everyone about a special feature of our Pre-Sale tokens! TraXion tokens will be using the ‘Wise’ contract ERC721 feature. The ERC721 feature is a smart contract extension of ERC20 with a “deed of sale”.
This means early token holders will be able to resell outside the exchange platform enhancing the liquidity of the digital asset.
The prepaid tokens that are bought during the private or presale can be split into several “deeds of sale” via the plaform”
The contract itself can be split up to 5 deeds of sale and you can decide how many tokens you’d like to transfer to another purchaser or friend.
Remember though, you can only do this for “presale tokens” and to another ETH address.
Consequently, the deed of sale can be put in an escrow in Smart Contract through in the ethereum network which protects both buyers and sellers.
All in all, this feature will help promote the organic growth of TraXion’s token economy and help spread the word about the project during our pre-sale phase.
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