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ico ratings

9.3

5.0

7.4

4.2

$5 Trillion+

Utilities Market Size

$4 Billion+

Treon Opportunity

1.6 Billion+

Households Worldwide

  • Wael El Nashar
  • Founder & CEO, OneraSystems

"Seeing the expected big potential, OneraSystems has been in strategic discussions with Treon to partner and collaborate on go-to-market solutions for the African and Asian markets in the near future."

problem

We spend over 1000 hours of our lives paying utility bills

Wherever you are in the world, paying your utility bills takes time and is often a frustrating experience. From missed due dates, to complicated payment systems, there’s never been an easy to way to pay. Until now.

With Treon, billions of consumers over the world will be able to see, manage, and pay for all of their utilities through the one simple dashboard.

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  • coming soon...

solution

Treon: All of your bills, in one place

No more missed bills. No more missed payments.

  • One payment system
  • See everything that’s due
  • Track your consumption
  • Make instant payments
  • Get notifications & messages
  • Renew services, and more

Treon is a blockchain-powered app that integrates all of your utility accounts (electricity, water, gas, phone etc) into one secure account. And because bills are paid using Treon tokens (TXO), you can pay any bill anywhere in the world in just seconds.

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It’s the new way to
pay bills

The Treon app uses its own native Ethereum-based digital currency or ‘tokens’ called TXO.

It’s easy to purchase TXO using a Bitcoin, Ethereum, or cash wallet built into the Treon App. Plus, you can trade TXO on global cryptocurrency exchanges once the crowdsale is over.

You can top-up your TXO balance using bank deposits, credit card or PayPal. You’ll always know how many TXO tokens you have and what bills need paying because you can see everything at a glance in your Treon dashboard e-Wallet.

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tokenomics

A revolutionary platform for both consumers and utility companies

Treon isn’t just about paying bills.

Our platform delivers a business-to-business model that allows for cross-trade agreements via Ethereum’s ERC-20 Smart Contract protocol in a way that’s never been done before.

Not only can bills be instantly settled in the utility companies’ payment systems, smart contracts can be setup between providers too - opening up new business opportunities across the world.

scalable

Taking payments onto the blockchain

Treon intends to bringing thousands of utility providers from across the world onto one secure blockchain solution. This could eliminate hundreds of different payment processing solutions in one go, and transform how consumers and utility providers transact with each other.

reliable

Powered by smart contracts

Ethereum-based smart contracts are simple pieces of code that will only execute if certain conditions are met, so when you’ve paid your bill, it’s paid, with full transparency. The Treon Smart Contracts Engine can also enable smaller utility providers to setup smart contracts between themselves and wholesale suppliers, bringing supply chain improvements right across the industry.

adoption

Utility providers will be the enabler of the ecosystem

Unlike many blockchain solutions that depend on constant marketing to grow participation, Treon’s TXO tokens and e-Wallets will be shared with millions of consumers by the utility companies themselves.

convenient

Additional margins on TXO tokens for providers

Utilities on our platform will receive additional margins on TXO tokens based on their annual transaction volume via Treon, allowing them to make additional profits simply by using the system.

secure

Security that can’t be tampered with

Distributed ledger technology is incredibly difficult to maliciously alter due to its high levels of encryption, so users can transact securely with confidence.

lower costs

Savings on transaction fees

By eliminating the transaction fees charged by banks, payment processors and credit card issuers, Treon can reduce costs to utilities by up to 80%. This also means lower costs to consumers too, benefiting everyone using the ecosystem.

smart

Industry-empowered partnerships

Our billing platform can help utility providers to form new partnerships with the knowledge that Treon can handle all their payments. And thanks to our Smart Contract Engine, payment distributions can be enabled in seconds.

scalable

Taking payments onto the blockchain

Treon intends to bringing thousands of utility providers from across the world onto one secure blockchain solution. This could eliminate hundreds of different payment processing solutions in one go, and transform how consumers and utility providers transact with each other.

adoption

Utility providers will be the enabler of the ecosystem

Unlike many blockchain solutions that depend on constant marketing to grow participation, Treon’s TXO tokens and e-Wallets will be shared with millions of consumers by the utility companies themselves.

secure

Security that can’t be tampered with

Distributed ledger technology is incredibly difficult to maliciously alter due to its high levels of encryption, so users can transact securely with confidence.

smart

Industry-empowered partnerships

Our billing platform can help utility providers to form new partnerships with the knowledge that Treon can handle all their payments. And thanks to our Smart Contract Engine, payment distributions can be enabled in seconds.

reliable

Powered by smart contracts

Ethereum-based smart contracts are simple pieces of code that will only execute if certain conditions are met, so when you’ve paid your bill, it’s paid, with full transparency. The Treon Smart Contracts Engine can also enable smaller utility providers to setup smart contracts between themselves and wholesale suppliers, bringing supply chain improvements right across the industry.

convenient

Additional margins on TXO tokens for providers

Utilities on our platform will receive additional margins on TXO tokens based on their annual transaction volume via Treon, allowing them to make additional profits simply by using the system.

lower costs

Savings on transaction fees

By eliminating the transaction fees charged by banks, payment processors and credit card issuers, Treon can reduce costs to utilities by up to 80%. This also means lower costs to consumers too, benefiting everyone using the ecosystem.

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How the token sale funds will be used

Our aim is to be the #1 global utility payments provider enabling trillions of dollars in instant bill payments within the
next 5 years. To do this, we’ve carefully planned the deployment of funds raised from the token sale to maximise their
impact and ensure value for investors.

A Deflationary Token Model That Benefits Buyers

Treon is a token based mobile dashboard and wallet solution that lets customers settle their utility bills using blockchain smart contract technology.

Treon has a hard cap of 429.7 Million tokens available during the token sale. Any reserve or unsold tokens will be burned at the end of the token sale.

  • Token Symbol Treon (TXO)
  • Allocation 429.7 Million
  • Soft Cap 4 Million USD
  • Hard Cap 25 Million USD
  • Currency ETH, BTC

Spend Allocation

  • 60% Technology
  • 25% Marketing
  • 10% Operations
  • 5% Legal & Admin

TXO Token Allocation

  • 48% Future TXO reserve - will be burned after the ICO ends
  • 43% Pre-ICO and ICO
  • 1% Team
  • 3% Ecosystem
  • 5% Founders

ICO Phases

Pre-ICO phase 1

May 21 - June 3, 2018

Pre-ICO phase 2

June 4 - June 17, 2018

Pre-ICO phase 3

June 18 - December 31, 2018

Demand is expected to grow significantly

With a market size in the trillions of dollars, and when TXO tokens will be needed for millions of account payments each month, we anticipate demand to be strong.

TXO token buyers can also benefit from strong speculative demand by cryptocurrency investors across the globe after the ICO is complete.

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Market opportunity

Over 5.0 billion people around the globe are advanced mobile users. It has become the single most important lifeline to connect, conduct business, entertain, buy & sell and pay through the course of our daily lives.

Treon (TXO) will use the mobile phone as the bridge for customers to harness the power of blockchain technology and cryptocurrency. According to the World Bank and GSMA, 3.8 billions of all global mobile users are unbanked. Treon token (TXO) aims to bridge the digital divide for the unbanked, giving them opportunities to participate in the ever-growing online space.

The real opportunity of this fast-moving digital economy is yet to be fully explored across the different utility sectors. The growth and market potential are in the trillions of US dollars across telecom, electricity, natural gas, green energy and water sectors.

telecom

Opportunities in
Telecom

Telecom utilities are at a more advanced stage in offering consumers digital solutions to enhance their experience. Treon will target telecom companies first to be the early adopters of the token and digital tool. According to GSMA, 2018 global telecom.

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electricity & water

Opportunities in Electricity and Water

In 2017, electricity generated around USD 2.0 trillion of revenues, out of which USD 650 billion came from household consumers (business to consumer market). Our vision is to grab a considerable share of the online payment of household consumption through.

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natural gas

Opportunities in
Natural Gas

Natural gas utilities generated USD 350 billion from consumers’ usage in 2017. Treon’s business-to-consumer vision is to capture a considerable share of ’Digital Payment for Gas Utilities’ bull market through its Utilities Wallet and TXO tokens.

Read more
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A fully featured app that’s designed and ready to go

Unlike many businesses that are utilizing a token sale to launch a new product or service, our Treon app is already developed and ready.

The working prototype is available right now in the Google Play Store, ready to deploy to millions of users after the token sale and ecosystem launch.

  • Add, remove and view all of your utility bills
  • Make payments and track spending
  • Monitor utility usage
  • See upcoming bills with total due per month
  • Communicate directly with your providers through the app and get support
  • Get rewarded by using your Treon e-Wallet to pay bills with TXOs
  • Receive customised smart notifications so you never miss a bill payment ever again
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Benefits to Consumers

User-Friendly Consolidated View

Customers will easily navigate the dashboard for a full view of their consumption of various utility subscriptions; customised notifications will provide convenient early alerts for payments or renewals.

Inclusion of the Unbanked

Treon (TXO) aims to bridge the gap for the unbanked by providing easy access to a currency that can be used as a settlement tool for different utilities – offering them the best services and value for money.

Management of Different Utility Accounts

Treon (TXO) offers the ability to completely and optimally manage multiple utility services on one interface - a simple dashboard covering all customer needs.

Change and Optimise Consumption

The analytical capabilities of the Treon (TXO) e-wallet will provide smart recommendations on how to optimise usage, whether to save cost and/or to save energy. Treon also plans to link with relevant IOT services and use Artificial Intelligence to advance its analytics and service offerings.

Top-up & Payment

Making use of Treon’s ecosystem, customers will be able to settle their payments for any of their utilities using a safe, secure, seamless and rewarding method.

Rewards on Payment - Loyalty Program

Customers will receive rewards in the form of loyalty points upon settling their bills or topping -up their accounts using the Treon (TXO) e-wallet. This will be an incremental benefit that the customers will receive upon every payment they make using TXOs.

Smart Notifications

Consumers will have the option to customise different notifications for all their utility providers to ensure timely updates and, more importantly, to avoid any service suspension due to any payment delay.

Benefits to Companies

Savings on Transaction Fees

The savings will reach up to 80% on the existing transaction fees with the introduction of Treon tokens (TXO) that will incur considerably lower bank or credit card commissions and/or fees.

Partnership Relationship Agreement

Utility providers play a significant key role in our business model. Different networks are the intermediaries, between utility service providers and Treon’s end users.

Industry Participation

Based on our vast experience, industry participation goes a long way in the utility world.

Treon’s Release Incentive Model

Any utility operator will receive additional margin on TXO tokens based on each year’s transaction volume on Treon.

Educating Consumers

Our priority is to ensure that potential users have an actual idea of how their product works. This requires an effort to create awareness through various communication channels.

Application Support

Applications created by utility operators are not widely adopted by their end users. We want to seize the opportunity by partnering with different utility operators and introduce Treon (TXO) e-wallet.

Treon’s Influence with Impact

In comparison with other cryptocurrency organisations, we are fortunate enough to make use of utility companies as the intermediary between Treon (TXO) and end users.

Incentivizing Green and Renewable Energy Usage

Green Energy comes from natural renewable energy resources, meaning they're naturally replenished. Treon (TXO) will provide zero fees for green energy providers to promote and encourage customers to migrate their usage to clean renewable energy.

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Reviews from the utility industry leaders

Dr. Saad Al-Barrak

Dr. Al-Barrak is world renowned pioneer in telecom utilities. CEO of the Zain Group from 2002 until his resignation in 2010. In almost seven years, Dr. Al-Barrak transformed a moribund, state-controlled telecoms operator (known then as MTC) with less than 1 million customers in 1 country into the international giant Zain, a company that reached over 100 million customers across 23 countries in Africa and Asia. He has received many distinguished leadership awards throughout his professional career: in 2009, he was ranked the 20th most influential telecoms executive worldwide by Global Telecoms Business Magazine. Dr. Al-Barrak is a much sought out motivational and management speaker at prestigious higher educational institutions, industry conferences and corporate events across the globe.

Alain Sainte Marie

Alain has over 30 years of operational experience in finance and management. He occupied several Top Executive positions in Telecommunications groups such as Etisalat as CEO of Atlantique Telecom in Ivory Coast; VTEL Holding - CEO of Itisaluna in Iraq, Group CFO of the holding in Jordan; CEO in Zain Nigeria, CEO Zain Gabon and COO for Zain group Middle East. Prior to joining Zain Alain was CEO of Iraqna, CFO of Tunisiana, and CFO of OTH holding in Egypt. Earlier he was with France Telecom Mobile Liban (FTML) – Cellis ® as Deputy of the Finance and Administrative Director. Alain hold a Master in Information Technology from the Saint-Joseph University of Beirut.

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Treon is backed by an experienced team

Our hand-picked team of professionals have all worked with multicultural and multidisciplinary teams previously,
allowing us to deploy a worldwide platform with confidence.

Our strong team of advisors expect Treon and the TXO launch to be highly successful.

Treon team

Hesham El Metainy

Founder, Strategy

Hesham is an accomplished executive with 25 years of experience in global Information & Communication Technology (ICT) companies. He reshaped major corporate strategies and led the design and implementation of commercial operations across MEA region and succeeded in overachieving revenue targets. He was the main catalyst behind the fast growth of international companies like Cisco Systems, Logica, Orascom, and Zain Group in Africa and the Middle East. Hesham was part of the core team that created and launched the first digital customer-centred mobile operator in emerging markets. He is a seed investor and advisor to a number of technology ventures.

Khaled Khorshid

Founder, Technology

Khaled started his 25-year career with leading consulting firms, namely Accenture and EDS where he led technology projects for disrupting old and creating new business models. His most recent was a Silicon Valley startup revolutionizing delivery, billing, and payment systems of solar-powered micro electricity grids in Africa and Asia. Khaled held high profile executive roles within large energy and telecom utilities in North America, Africa and Asia. His last of such roles was heading the 5th largest mobile telecom operator in Africa. He is a digital transformation specialist, advisor to few startups and a crypto entrepreneur.

Mohamed T. Kesseba

Head of Marketing

Khaled started his 25-year career with leading consulting firms, namely Accenture and EDS where he led technology projects for disrupting old and creating new business models. His most recent was a Silicon Valley startup revolutionizing delivery, billing, and payment systems of solar-powered micro electricity grids in Africa and Asia. Khaled held high profile executive roles within large energy and telecom utilities in North America, Africa and Asia. His last of such roles was heading the 5th largest mobile telecom operator in Africa. He is a digital transformation specialist, advisor to few startups and a crypto entrepreneur.

Binal Patel

Head of Technology

Binal is a veteran IT Strategist with a strong techno-functional background. He holds 13 years of experience in the technology industry, including blockchain projects development. Binal has been active in crypto space since 2015 and has a comprehensive experience of decentralized technologies such as Ethereum, Bitcoin etc. He has a vast experience in building smart contracts on Solidity platform. Binal is one of the key team members of the augmented intelligence platform (tokensale.xchangerate.io)

Hoda El Kara

Head of Corporate Communications

A communication professional with a wide experience in PR, marketing, event management, multilingual content development and syndication. Worked in the Communication ecosystem for the past 12 years and delivered quality and consultancy services for high echelon clients in various practices such as technology, FMCG, leisure, fashion, luxury brands, real estate, government and global business advisories across Dubai and the Middle East. A veteran in event management, she co-founded an event management company and forged remarkable collaborative relationships in the private, public and NGO sectors. Hoda earned a Master degree in Translation from Saint Joseph University in Beirut-Lebanon.

Miranda Rector

Head of Product

With a background in Psychology and Design, Miranda Rector brings to her Head of Product role at Treon, her vast experience in managing software and application products from early conception stage, all the way through to development and successful delivery into markets. Specializing in Product Strategy and Systems Design in the Educational, Retail, E-Commerce and Fin-Tech Industries, Miranda has worked at multiple technology start-ups in the region, acquiring expertise on best product practices and bringing to life world-class software and applications.

Harshil Sanghavi

Blockchain Architect

Harshil is a highly professional and trusted ICO advisor, blockchain enthusiast and crypto investor with over a decade of experience in IT industry. He owns in-depth knowledge and extensive experience in processing campaigns. At present, he is an advisor at seven blockchain based startup companies. He provides a complete roadmap to develop a feasible and practical business model that benefits all the stakeholders, promoters, investors and customers. Harshilis Skilled in Bitcoin, Ethereum, BlockchainICO, Crypto Exchange, Crypto Mining Pools and Mining Farms.

Dr. Saad Al-Barrak

Principal Advisor, Telecom strategy & Corporate governance

Dr. Al-Barrak is world renowned pioneer in telecom utilities. CEO of the Zain Group from 2002 until his resignation in 2010. In almost seven years, Dr. Al-Barrak transformed a moribund, state-controlled telecoms operator (known then as MTC) with less than 1 million customers in 1 country into the international giant Zain, a company that reached over 100 million customers across 23 countries in Africa and Asia. He has received many distinguished leadership awards throughout his professional career: in 2009, he was ranked the 20th most influential telecoms executive worldwide by Global Telecoms Business Magazine. Dr. Al-Barrak is a much sought out motivational and management speaker at prestigious higher educational institutions, industry conferences and corporate events across the globe.

Alain Sainte Marie

Advisor, Telecom and Finance

Alain has over 30 years of operational experience in finance and management. He occupied several Top Executive positions in Telecommunications groups such as Etisalat as CEO of Atlantique Telecom in Ivory Coast; VTEL Holding - CEO of Itisaluna in Iraq, Group CFO of the holding in Jordan; CEO in Zain Nigeria, CEO Zain Gabon and COO for Zain group Middle East. Prior to joining Zain Alain was CEO of Iraqna, CFO of Tunisiana, and CFO of OTH holding in Egypt. Earlier he was with France Telecom Mobile Liban (FTML) – Cellis ® as Deputy of the Finance and Administrative Director. Alain hold a Master in Information Technology from the Saint-Joseph University of Beirut.

Dee Murphy

Advisor, Branding and Design

Dee is the managing partner at one of the regions most awarded brand consultancies – Bellwether. Over the years she and the team at Bellwether have guided regional power houses and start ups in building brand experiences that create differentiation; helping them to realise their true potential. Her experience includes senior branding and marketing positions in regional companies as well as award winning communication agencies. Dee’s most recent work has been with du, Careem, STC, Kuwait Petroleum for KIPIC, The Prime Minister’s Office (UAE) and The Entertainer, to name a few

Anthony Blenman

Advisor, Procurement and Cross-Trade agreements

With 20 year-experience in Procurement and Project Management, Tony has worked with some of the world’s largest telecommunications company: Vodafone, MTN, STC and more recently Ooredoo in Oman. Tony enjoys the thrill of ground breaking innovation and life changing solutions having delivered projects as diverse as Mobile Money to Safaricom in Kenya through the launches of Google and Facebook on mobile to the recent launch in Saudi Arabia of “Jawwy from STC”, the first mobile service in an app.

Jad Hindy

Advisor, Digital Marketing and Communications

Seasoned executive with twenty years of experience in business setup, start-ups, marketing, communication and brand building across the Middle East and North Africa region. Known for his passion for digital communication, he worked on some of the biggest brands in the MENA Region including Saudi Telecom, Jawwy, Ooredoo (Qtel), du, Etisalat, P&G, Virgin Mobile, Red Bull, Unilever, Qatar National Bank, McDonald's, EmiratesNBD, Aspire, Careem, to name a few. Jad is a serial entrepreneur with several successful exists having founded 123vouchers in 2008, Netizency in 2011, ColNewMedia in 2013 and Engaged Brands in 2014. Active TiE Dubai charter member since 2012, and an active mentor and advisor in the area of marketing to startups and enterpreneurs.

Mathew Kimolo

Advisor, Energy Utilities & Solar Power

Mathew is the Director of Sales, Marketing and Customer Engagement at an Integrated Power Supply company that is Kenya’s first private electricity utility. He has solid experience in the renewable industry, having built one of the first commercially viable and scalable distribution chains for renewable energy consumer products in Africa. Mathew joined the energy space from the pharmaceutical and medical devices industry where he was the Regional Sales Director for Eastern Africa.

Ahmed Abdelgelil

Advisor, Energy Utilities & Consulting

Ahmed is the Founder and MD of ZYMAG CCI Consulting. He also co-founded Skopos Consulting MEA region. He has 30+ years of experience in senior executive and consultancy roles within various institution in both public and private sectors including petroleum, technology, telecom, pharmaceutical, construction, education, philanthropy and FMCG. Ahmad led the restructuring and transformation of large companies to enhance employees’ engagement, promoting new culture change, increase strategic focus, and improve productivity and operating efficiencies across their value and supply chains. He held numerous top managerial positions in multinational companies including Schlumberger, Eli Lilly, Hilti, & Zain Group. He is UCLA MBA graduate and speaker in global industry conferences

Mark Hill

Advisor, Legal & Copyrights

Widely recognized as the leading media, advertising and entertainment lawyer in the region for the last 20 years, Mark runs the boutique firm The Rights Lawyers dedicated to the Creative Industries, Intellectual Property, Technology and all things Digital. He regularly sits on the Board for various organisations including the International Live Event Association, the UAE Production Forum, Mestaria (an innovative art consultancy) and The Tribe (one of the region's last remaining independent advertising and digital agencies).

Chirag Vekariya

Blockchain Developer

I love participating in creating amazing startups using agile methodologies and cutting-edge technologies, such as Blockchain + Smart Contracts, Cryptocurrencies, ICO, and so on. Recently most of my work is connected to Ethereum ERC20 /ERC223 Token and Dapp development , various wallet creation. And I have already launched some ICOs successfully.

Uzaif Nilger

Blockchain Developer

I am Blockchain specialist with extensive expertise in assisting ICOs and token development on Ethereum and Bitcoin blockchain space. I have also developed DApps, decentralized application publishing their data and interacting with the blockchain.

Hesham El Metainy

Founder, Strategy

Hesham is an accomplished executive with 25 years of experience in global Information & Communication Technology (ICT) companies. He reshaped major corporate strategies and led the design and ...

Read more

Khaled Khorshid

Founder, Technology

Khaled started his 25-year career with leading consulting firms, namely Accenture and EDS where he led technology projects for disrupting old and creating new business models. His most recent was a ...

Read more

Mohamed T. Kesseba

Head of Marketing

A Marketing and Strategy executive with 20 years of experience both B2B and B2C models who achieved an established record of influencing multi-million dollars in revenue, building new businesses from ...

Read more

Binal Patel

Head of Technology

Binal is a veteran IT Strategist with a strong techno-functional background. He holds 13 years of experience in the technology industry, including blockchain projects development. Binal has been active in ...

Read more

Hoda El Kara

Head of Corporate Communications

A communication professional with a wide experience in PR, marketing, event management, multilingual content development and syndication. Worked in the Communication ecosystem for ...

Read more

Miranda Rector

Head of Product

With a background in Psychology and Design, Miranda Rector brings to her Head of Product role at Treon, her vast experience in managing software and application products from early conception stage, all the way ...

Read more

Harshil Sanghavi

Blockchain Architect

Harshil is a highly professional and trusted ICO advisor, blockchain enthusiast and crypto investor with over a decade of experience in IT industry. He owns in-depth knowledge and extensive ...

Read more

Chirag Vekariya

Blockchain Developer

I love participating in creating amazing startups using agile methodologies and cutting-edge technologies, such as Blockchain + Smart Contracts, Cryptocurrencies, ICO, and so on. Recently most...

Read more

Uzaif Nilger

Blockchain Developer

I am Blockchain specialist with extensive expertise in assisting ICOs and token development on Ethereum and Bitcoin blockchain space. I have also developed DApps, decentralized application...

Read more

Treon Advisors

Dr. Saad Al-Barrak

Principal Advisor, Telecom strategy & Corporate governance

Dr. Al-Barrak is world renowned pioneer in telecom utilities. CEO of the Zain Group from 2002 until his resignation in 2010. In almost seven years, Dr. Al-Barrak transformed a moribund, state-controlled ...

Read more

Alain Sainte Marie

Advisor, Telecom and Finance

Alain has over 30 years of operational experience in finance and management. He occupied several Top Executive positions in Telecommunications groups such as Etisalat as CEO of Atlantique ...

Read more

Dee Murphy

Advisor, Branding and Design

Dee is the managing partner at one of the regions most awarded brand consultancies - Bellwether. Over the years she and the team at Bellwether have guided regional power houses and start ups in building brand ...

Read more

Anthony Blenman

Advisor, Procurement and Cross-Trade agreements

With 20 year-experience in Procurement and Project Management, Tony has worked with some of the world’s largest telecommunications company: Vodafone, MTN, STC and more ...

Read more

Jad Hindy

Advisor, Digital Marketing and Communications

Seasoned executive with twenty years of experience in business setup, start-ups, marketing, communication and brand building across the Middle East and North Africa region. Known for his passion for digital ...

Read more

Mathew Kimolo

Advisor, Energy Utilities & Solar Power

Mathew is the Director of Sales, Marketing and Customer Engagement at an Integrated Power Supply company that is Kenya’s first private electricity utility. He has solid experience in the renewable ...

Read more

Ahmed Abdelgelil

Advisor, Energy Utilities & Consulting

Ahmed is the Founder and MD of ZYMAG CCI Consulting. He also co-founded Skopos Consulting MEA region. He has 30+ years of experience in senior executive and consultancy roles within various ...

Read more

Mark Hill

Advisor, Legal & Copyrights

Widely recognized as the leading media, advertising and entertainment lawyer in the region for the last 20 years, Mark runs the boutique firm The Rights Lawyers dedicated to the Creative ...

Read more
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Treon Roadmap

Our go to market strategy will prioritise countries with the
highest population of unbanked mobile subscribers. We
prioritise technology rollout to utilities based on their
readiness for digital transformation.

timeline

2017

Q1 2017

Start of Ideation and planning

Q4 2017

Technical architecture and prototype build

2018

Q1 2018

ICO planning & preparations

Q4 2018

Enlist Tokens on Crypto exchanges

2019

Q2 2019

Onboarding Telecom Providers

Q4 2019

Agreements with Telecom top-up distributors

2020

Q1 2020

Agreements with payment gateways

Q4 2020

Onboarding Electricity companies

2021

Q1 2021

Smart Contracts for Natural gas companies

Q4 2021

Onboarding of water Utility companies

2022

Q1 2022

Telecom reseller Agreement rollout

Q4 2022

Close all utility providers reseller agreement

Q4 2017

Technical architecture and prototype build

Q4 2018

Enlist Tokens on Crypto exchanges

Q4 2019

Agreements with Telecom top-up distributors

Q4 2020

Onboarding Electricity companies

Q4 2021

Onboarding of water Utility companies

Q4 2022

Close all utility providers reseller agreement

2017

2018

2019

2020

2021

2022

Q1 2017

Start of Ideation and planning

Q1 2018

ICO planning & preparations

Q2 2019

Onboarding Telecom Providers

Q1 2020

Agreements with payment gateways

Q1 2021

Smart Contracts for Natural gas companies

Q1 2022

Telecom reseller Agreement rollout

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About Treon

Founded by Hesham El Metainy and Khaled Khorshid, two highly accomplished technology veterans, we have a vision of a future where utility consumers around the world use the Treon token (TXO) as their currency of choice and preferred payment tool.

Buy Tokens

Get up to 7% in TXO bonuses in our token sale

Participating early in the Treon TXO sale gives you up to 7% extra tokens, delivering a big advantage when the tokens become available on major cryptocurrency exchanges.

But hurry, as the token sale only runs until 17 July, 2018.

BUY TOKENS & GET 7% BONUS

Answers to 26 great questions people ask

  • General Questions
  • Platform Questions
  • ICO Questions

General Questions

What is Treon?

Treon is a token based mobile dashboard and wallet solution for utility bill payments, specially designed for the billions of customers using public utilities to settle their bills using blockchain smart contract technology. Treon is a new form of private, instant, verified and reliable transaction.

What kind of token is TXO?

Treon (TXO) is an ERC20 based token. The amount of tokens is definitive and TXOs are premined.

Where is the Treon team located?

Treon is incorporated in Estonia as a technology company with two crypto licenses approved by the Estonian Finance Regulator. Our office in Tallinn is Treon’s legal HQ and where all finance functions and activities are clustered. TreonX OÜ is both the issuer and operating company of the TXO token and technology solution offered to utility companies. Treon’s commercial head office is in Dubai, UAE where all business development, partnerships, utility companies’ relations, marketing, and PR activities take place. Treon’s technical head office is in Hyderabad, India where we have over 20 developers working on building both the on-chain and off-chain components of Treon’s solution.

What is the purpose of the TXO token?

TXO tokens can be used as Utility payment by all the customers and also as a settlement tool between different utility providers. It is designed as Utility tokens for payment, top-up and recharges on our platform.

When does the ICO start and end?

The pre-sale is planned to take place between 21st of May 2018 to 17th of June 2018. The ICO started on the 18th of June 2018 and will be concluded on the 31st of December 2018. Tokens are expected to be distributed within 2-4 weeks after the ICO ends.

Can anyone participate in the pre-ICO/ICO?

Anyone from around the world can participate in Treon ICO.

Platform Questions

How many Treon will be sold during the Pre-ICO/ICO?

We are selling up to 429 million Treon tokens during the pre-ICO and ICO, including 29 million allocated to Bonus and Bounty.

Would I be able to buy tokens, using euro or dollars?

Only Bitcoin (BTC) and Ethereum (ETH) are accepted to buy Treon Tokens.

Is there a minimum or maximum individual contribution for the pre-sale?

Pre-sale minimum investment amount is 0.1 ETH. Whereas, the maximum individual contribution is 65 ETH.

What is pre-sale price? Is there any bonus?

Pre-sale price is the equivalent of $0.0625 in ETH.

Bonus matrix is as follows:

Bonus Matrix Below 2.5 ETH Between 2.5 – 4 ETH Above 4 ETH Days
Presales 1
May 21 - June 03
20% 25% 30% 14
Presales 2
June 04 - June 17
15% 20% 25% 14
ICO
June 18 - July 17
0% 5% 7% 30

Are TREON tokens ERC-20 re-sellable?

Yes. The TXO token price is: 1ETH = 6,000 TXO or 1 TXO = 0.0001667 ETH.

Do you have a referral program?

We are using airdrop. Once you sign up there you will receive an e-mail with your referral link - Spamming will result in account termination. You can share it with your friends to earn 10% of the total numbers of tokens (bonus included if any) purchased by the person you referred. Payment will be done in TXO only once the token sale is over.

Do you have a bounty program? Where can I find the bounty program details?

Yes, it is available on the website.

What is your official email and social media accounts?

Official support Email support@treon.io
Twitter -- Official account @TreonNews
FB -- Official page TREON Token
Telegram -- Official account @TreonNews
Instagram -- Official account @treon_official

How do you ensure the safekeeping of the tokens?

Treon is ERC20 token under “smart” contract system, based on Ethereum protocol. Ethereum addresses of investors will be automatically added to the ICO contract. The vast majority of the system's tokens is kept in cold storage as we ensure the strict safety procedures. The account access is secured with two-factor verification that prevents unauthorized access.

Where and how do I keep my tokens?

You can keep them in your wallet on www.treon.io. We can also send your purchased tokens to your ETH wallet. It is completely your choice, where do you want to keep them. However, we recommend to you to use a cold storage wallet as it has the highest level of security.

Can owners dump their tokens once the Tokens get listed?

No, tokens allocated to the owners and developers are locked for a duration of 12 months.

Who is offering similar services to Treon?

There are few organization out there who are offering similar services, but none of them is offering a holistic utility solution and bringing such level of transformation to the industry as Treon.

Is your Token only restricted to Utility sector?

We are focused on bringing the required changes for the Utility sector, but we are not at all restricted to the utility sector only. We have our business development expansion plans that we might adopt based on how the market evolves.

Do you have a prototype/MVP (minimum viable product)?

We have a Minimum Viable Product & a downloadable prototype. Kindly visit www.treon.io to download our app.

When will I receive my TXO tokens?

All tokens will be released within 30 days of the ICO close date.

ICO Questions

Will you list Treon tokens on the exchanges?

Yes. After the Token sale ends, the team will establish agreements with reputable leading exchanges to enable customers to freely trade their Tokens. Some of the exchanges we are planning to work with are: EtherDelta, Binance, KuCoin, Bittrex, OKEx, bitflyer & Yobit.

If the soft cap is not reached during the token sale, will I get my investment back?

Treon will endeavour to reach the soft cap by extending the ICO duration if needed. Additionally, we will capitalise on existing relationships with different utility companies to push a Pilot project as a Proof of Concept (POC) to get the business airborne with the available investment we can raise.

If the hardcap is not reached during the token sale, will the remaining tokens be destroyed?

We decided to adopt a deflationary model to benefit buyers of TXO tokens. In the ICO, 429 million Treon tokens will be up for sale. On the last day of the ICO, all unsold tokens will be destroyed. We will also destroy at the same time the 571 million tokens in reserve. We will broadcast the TXO token burning and share it on our social media channels.

What will happen to my fund if the crowdsale does not reach its goal?

Reaching the soft cap of the crowdsale will put Treon team on the runway to kick-start the roadmap of deliverables. We strongly believe in our vision and the success of the Treon business model. If we don’t reach the hard cap during the ICO period, we will use the raised funds to start executing on the roadmap, then do a second token offer after completing milestones 1 and 2.

This sounds like a scam; how do I know this is legit?

We are a team of industry experts with a proven track record in this industry. We want to bring blockchain based secure payment platform where consumers can make their payments with the confidence that their payments are being managed by an organization who understand the value of their money. To validate our authenticity, we invite you to read the white paper and review our team’s background to know how serious and dedicated we are towards Treon.

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