Hello LaneAxis Shareholders and Supporters,
Whew. April was quite a month. As always, we’ve done our best to keep you informed with regular updates. Now that we’ve moved into May, let’s make sure you’re caught up on all the accomplishments of the past few weeks.
$2 Million Raised in 6 Weeks
Boasting a groundswell of support from traditional investors, blockchain enthusiasts, and the independent trucking community, this week LaneAxis hit the $2 million mark in its Reg CF Crowdfund - just 6 weeks into the campaign! LaneAxis is one of the highest-momentum projects on StartEngine, and just like in 2020 – we anticipate reaching our fundraising cap early.
Network & Revenue Growth
LaneAxis averaged between 1,000 to 2,000 new carriers on-boarded per week in April. We’d previously forecast on-boarding 1,000 to 2,000 carriers PER MONTH. The word is spreading fast and we are being approached by numerous organizations in the trucking, supply chain and crypto sectors who are interested in partnering with us in a variety of ways.
Revenue is increasing at a rapid rate, we are a profitable company, and we have yet to unleash numerous other revenue streams.
Our exploding support from investors and carriers has begun to take a life of its own. We are dubbing this community of supporters and evangelists “LaneAxis Nation.”
Core System Updates
We continue to refine the UI/UX of our core LaneAxis system - both the backend dashboards and and FreightVISION app - while also adding new features.
LaneAxis Network: Carriers and Shippers can now view the location of their search results on a map and can view profile details to establish a quick network connection.
We've just pushed out our latest FreightVISION Driver app updates on iOS and Android. Upgrades include:
- Shipper Network search
- Shipper Network Management
- Shipper and Carrier Contract and Certificate of Insurance (COI) Management
- Improved notifications on Bids, Shipment Status, Messages and more.
We also continue to refine the backend shipment management portal for Shippers and Carriers.
BLOCKCHAIN AND AXIS TOKEN
As the StartEngine campaign continues to soar, so too does the interest in the LaneAxis Blockchain and AXIS Token, which is integrated into the core LaneAxis Network system. The AXIS Token prelisting sale has been a tremendous success, with token buyers flocking to www.axistoken.io to scoop up as many tokens as they can. Currently, only LaneAxis shareholders have exclusive rights to purchase the AXIS Utility Token.
“We are definitely working overtime to keep up with all the AXIS Token purchase requests we’re receiving,” says Mason Burnett, LaneAxis Chief Operations Officer. “The token will have a wide variety of important uses within the network ecosystem, and it’s clear our token purchasers understand the value of that.”
Important Note: The AXIS Token price will increase from its current price of $.25 cents to $.30 cents on May 15th. Remember, only LaneAxis Shareholders can purchase AXIS Tokens. Visit www.axistoken.io to learn more, including the shareholder discount. We are now on track to list the token on cryptocurrency exchanges in early Q3.
Praise for (and from) PixelPlex
LaneAxis’ primary blockchain engineering partner, PixelPlex, is putting the finishing touches on the updated LaneAxis White Paper, which will delve into the details of how the blockchain network will function. PixelPlex has built systems for corporate titans such as Oracle, Mercedes-Benz, and Swissbank. Recently, another of PixelPlex’s blockchain clients – VeChain – has been in the news for reaching all time highs amid meteoric growth. The price of VeChain’s native coin – VET – has increased more than 400% over the past two months. VeChain’s market cap currently stands at over $12 billion dollars, placing the company at #13 on CoinMarketCap.
“Our team places transparency, efficiency, and safety at the top of our priorities," says Alexei Dulub, CEO & Founder of PixelPlex. "That’s why we are particularly proud to partner with LaneAxis and help them transform the supply chain industry with blockchain technology. We look forward to seeing how LaneAxis changes the game using disruptive technologies to eliminate major pains and modernize obsolete processes, making another step into a future decentralized economy.”
The fact that Pixelplex built the blockchain backbone for VeChain should excite every LaneAxis Shareholder and AXIS Token holder. Pixelplex is the real deal. They only work with the best because they are the best.
We continue to receive so much positive feedback from our investment AND carrier communities. This truly adds fuel to our fire. We thought we’d share a few of them with you:
“I am so excited with this company and the company’ future. I have wanted to do what LaneAxis is doing for over 15 years now. The amount and duration of empty trucks on the roadways has always upset me. The company I work for has about 5-10 18-wheelers a day leaving without product. Once again thank you for your time and I wish for great success for LaneAxis.”
“Keep up the momentum and great work in this space. Once this nut is cracked, I see huge potential for the same technology in shipping within the Oil and Gas industry. We can discuss at the appropriate time. Good Luck and Keep Going!"
“I invested in the first round along with this round. I also bought the tokens with the 30% bonus tokens. You are doing an awesome job. I believe in your mission to revolutionize the trucking industry for fair play between large and small transport industries. [The LaneAxis] team are truly building the future transportation in the world.”
Looking ahead to the new month, we’ll be releasing our much-anticipated blockchain white paper soon. We hope to announce new partnerships. And we have a special announcement coming up on May 11th regarding important upgrades to the platform.
As always, we will continue to keep you informed on any and all important updates.
Let’s keep this momentum going LaneAxis Nation!