VALID is an ICO that uses two parts of Blockchain technology to manage and authorize your personal data even to sell them. The project is part of the Procivis, a digital identity platform that works with various misits around the world to make eID for citizens.
KULETA 'VALID'
By reading 'whitepaper', VALID is a wallet that keeps your personal data. Your personal data are 100% under your control. No one can access without your permission. Even VALID team can not to access your wallet because it is stored in your mobile and protected by many protection factors.
MARKET 'VALID'
The VALID market enables you to organize your personal data sales with Digital Advertisers. However, the buyers do not receive any ID cards, so you are anonymous. With the sale of the data, you receive the VALID Token.
FOUNDATIONS 'VALID'
VALID is a non-profit foundation, which implies that no provision is made for us to use the VALID Data Protection Platform. However, any profits received by the VALID Foundation will be given as a gift to VALID Wallet users.
TOKEN 'VALID'
VALID TOKEN is the money that will be used in TRUTH 'VALID', the most recent 'VALID' tokens are ERC20 Tokens.
TEAM 'VALID'
The VALID team is a well-known team in the world of finance in the world of Krypto Valutave.
Lucas Betschart, President of the Bitcoin Association in Switzerland
Eva Kaili, participant of the European Parliament
The team worked with several Swiss municipalities for eID equipment.
Token Distribution
VALID pre-sale tokens were sold more quickly than 24 hours reaching $ 7Million. But the official sale of ICOs begins on 24Shkurt and is expected to collect a $ 24Milion
During the official sale you will be able to buy a VLD Token for $ 0.065 using ETH, BTC or using a Credit Card. The team will sell 20Million VLD at a discount of 25%. Then the first week will be a discount of 15% two% 10.
100 Million Tokens will be allocated in this way.
% 50 - For ICO contributors
% 30 - To increase and to reward new users
% 9 - For workers
% 9 - Will be used to set the price
% 2 - For partners and advertisers
The next part will go for different costs, and for marketing.
Final Thought
VERDICT is a platform that will use Blockhain for storing and selling data.
Finishing Note
7/10
It looks like a good project the only drawback is that it is a nonprofit project and the team does not seem interested in raising the price.