What is an ICO?
What is an ICO? ICO is short for Initial coin offering and can be thought of as the cryptocurrency equivalent of an Initial Public Offering (IPO).
With the rise of the cryptocurrencies, an ICO is a new mechanism to raise funds for amazing business developments and projects. To a person that is already part of the “crypto world” it makes total sense. With this explanation I hope to reach the granny who is knitting a sweater on her rocking chair to the non millennial who has heard these terms and is dying to get on the wave.
Basically, Dapps (Decentralized Apps , a blockchain service or utility, built on the Ethereum blockchain or any other programmable blockchain) use an ICO to raise money and value the tokens (or coins) they will use in their service/apps. Instead of shares, you receive tokens that are built on the blockchain where stakeholders are also fund contributors. Those tokens are then listed on private exchanges where their values are determined based on factors such as supply and demand, what is happening in the project and so forth. Simply put, an ICO is a process of raising funds for startup companies. Simple right?
Startup companies create a token specifically related to their company on the blockchain. They then usually have a pre-sale where tokens are often sold at a discount. They then have the main sale, called the public sale, where tokens are sold at the full price. To protect anyone buying in the public sale, pre-sale tokens are often locked up for a specific period. You can think of the tokens as owning a share in the company, except the token gives you no ownership rights nor do you really share in the ‘profits’ of the company. Instead, you hope that your token value will grow as the demand for it increases. The one advantage of an ICO over an IPO is that you also will have the option to pay in cryptocurrency, often Bitcoin and Ethereum.
What is velox?
Velox is a decentralized crypto currency, focused on the development and use of high-frequency trading for businesses and individuals.
Distributed projects, valuable for potential investors and investors, are one of the projects that are growing rapidly, as changes in the digital assets exchange this year become very large. The definition of this network uses an extremely unique topic for other platforms in the world and has an investment process with an equilibrium value and profit exceeding the capital necessary for the modern trade in digital assets. Velox is a block-platform that originally presented original ideas in a symbolic economic and economic market where people can start trading, a platform for exchanging digital assets.
Velox https://vlxexchange.com/ One of the results of the development of the block chain industry, which has experienced excellent achievements and excellent ideas based on a system that opens up more open opportunities for investors with symbolic investments. This is so. This company is one of the first created block chains and represents a block-platform dedicated to the economic weaknesses of many people in the world in the concept of mutual investments as investors, an important point of the Velox platform. Most registered investors and potential investors who start a business on this platform, will participate in business.
Velox https://vlxexchange.com/In accordance with the terms of service of the platform, the Source of income, which brings the balanced value of useful ecosystems to each other between buyers and sellers. In this case, if the investor has an economic concept that the average option price is greater than the investment capital income, the symbolic sales will be deeply distributed to investors who want to profit on this platform. The ability to lead to the next project is to make great efforts for the legal and safe trade of tobacco and tokens in the chain-link industry and to develop a balanced analytical system within its own tactics and ideas that many people direct the Investor who begins to work and begins execution Velox A distributed block chain, aimed at creating investment, which affect the active aspects of fund management invested in this platform. In other words, this platform is a place for investors all over the world.
Many and the current commercial cryptographic markets that dominate the Velox market are presented at the beginning of the year by commercial encryption companies with certain characteristics. Empresa Velox Empresa Velox is becoming an excellent company with great success in the future. I will do it. Transactions in the world of crypto-currency were insensitive to the exchange of currency value and currency fluctuations, but this is natural for commercial cryptographic companies. Please protect the system from investment. Of course, this is a disaster that will be fatal to the destruction of the company. A distributed investment fund in a block chain for investors around the world is an effective philosophy provided by this platform. This year, the vision and mission of the concept of mutual benefit between the project owner and the owner of the token, This may be one of the successes, which a commercial cryptographic community can achieve in the world of cryptography of many companies that many companies need to have unique characteristics and creativity that are commercialized. ,
Market Overview: VLX / BTC
This company has a special commercial value on each exchange. Providing convenience to potential investors is one of the categories that cryptographic companies can classify in the world, but at the same time not only provide clear and detailed information, but also decide whether they will give real attention to future investors. This is a road map. If you are looking for a market as a place to discuss the possibility of currency, this is a decision that can be taken as one of the key options in the market for cryptographic operations, based on the block chain platform. The latest Velox block chain technology This is one of the commercial currency markets and is the exchange of cryptography by the market democratic regime and brings great benefits for the benefits of shareholders. Not only is Velox here, but also other markets there are advantages.
This is a new trading platform based on a successful block chain method that demonstrates the Velox market and changes the function of the financial ecosystem. This system is a means of supporting the negotiation process for several types of incredible assets using analogues of this platform. In addition, this platform also uses its own encryption method, called a token transaction. The developers hope to create huge liquidity goals that support the manipulation of tokens, which will benefit the owner of the token. The goal of this platform is to become a leader that uses block chain technology to convert several financial assets. After you decide to participate in this negotiating site, you will continue to invest and start trading with the experience and creative ideas of the founder.
The Velox Future Platform As a first-generation platform for resolving investor problems that are not possible in a timely manner, as well as changing the encryption market and higher or lower encryption prices, they will be asked to be ready to receive automatic notifications on the mobile device. Without minimizing its activities, the goal is not only to create an ecosystem that conceptualizes trade and mutual benefits between users, but also to create a platform that can permanently help stabilize revenues. We solve the problems that most investors often face by solving them, providing an intelligent solution with a platform that improves Velox performance and has easy access to accounts.
Roadmap
VeloxCoin [VLX]
VeloxCoin is a Proof-of-Work/Proof-of-Stake (POW/POS) hybrid which comprises the digital aspect of the Velox Project. Each quarter, a percentage of profit accumulated from revenue generated by the utilities and services offered by the Velox Project, will be used towards VeloxCoin [VLX] “buy-¬backs”, performed on-exchange by the team, this will reduce the overall circulating supply of VeloxCoin [VLX] in the market and strengthen the VeloxCoin [VLX] community as well as the marketplace overall. VeloxCoin [VLX] is the only aspect of the Velox Project externally tradable, the rest of the Velox Project utilities and services will reside exclusively on the VeloxCoin [VLX] platform. All other Velox-associated currencies are not (such as the Velox Utility Currency) do not have any value outside of its designated platform.
Distribution
• 80% Distribution via Proof-Of-Work (up to Block #10000) and Proof-of-Stake
• 9% Supply Allocation to Marketing and Public Relations
• 7.5% Supply Allocation to Development Team & Staff
• 3% Allocation to Bounty & Translation Campaigns
• 0.5% Initially Sold Supply
VeloxCoin [VLX] Exchange
The VLX Exchange will provide a temporary, yet instant & safe way, to exchange VeloxCoin [VLX] with a number of pairs upon the launch of the Velox Project. This is to reach the initial 0.5% VLX distribution, to instantly offer a means of exchange for VeloxCoin [VLX] holders and to create an operational real-world environment for the future open-source version of the platform. The Velox Project has transformed the outdated & centralized WLOX open-source platform into a simple yet secure, fast & anonymous exclusively cryptocurrency exchange with absolutely no limitation for users all over the globe.
Links and social platforms Velox
Velox ★ Https://Vlxexchange.Com/
ANNOUNTCEMENT ★ Https://Bitcointalk.Org/index.Php?Topic=2431660.0
TWITTER ★ Http://Twitter.Com/velox_coin
Faceboook ★ the Https: // Www .Facebook.Com / Velox-The-Decentralized-High-Frequency-Trading-CryptoCurrency-531011417245354 /
TELEGRAM ★ Https://T.Me/veloxproject
Author
BitcoinTalk Username : purwapw_
BitcoinTalk Profile : https://bitcointalk.org/index.php?action=profile;u=2087445
Email : purwa.nugrahaaa@gmail.com
ETH Address : 0x0FE4743bc2b99b97d98D14609D7155d71723B8B6