“The current method of KYC and biometric identification is just too hard and tedious for America as a Cryptocurrency Exchange and a explanation for vital loss of business. I in person believe that with Blockchain Technology, this method are often improved upon drastically. once the concept of Velix.ID was given to Maine, i used to be left affected with the concept and also the technical soundness of the execution arrange. In fact, I wholeheartedly believe —not simply the idea— however the particular ability of the Velix.ID team to be ready to execute this project successfully”
Velix could be a service that helps in conducting Identification verification. The users will simply verify their identity by following any mode like scanning their fingerprints. All this method will happen over the Velix.ID application and therefore the Velix ID may be used for plenty of things that has authorization of requests.
The present ways of verification ar superannuated and take quite an heap of your time for process. This typically ends up in name Brobdingnagian loss for business. Velix can prove its value by giving the rights to the users to regulate their own personal info. excluding that, the people may also decide regarding {the info|the knowledge|the data} they need to share with the globe and therefore the information they need to stay hidden
Decentralized: there's no likelihood for failure as there's no dent through that any run within the system will occur. one node does not have an effect on the remainder a part of the platforms.
Secure: the info involved with the users aren't below Velix's storage. So, albeit there's a slightest likelihood for the systems to be broken, users won't need to compromise with their shared information.
Universal: The transactions may be done anyplace within the world no matter the boundaries. The VDX tokens take excellent care of globalizing them.
Obscure: The Velix.ID uses the most recent blockhchain technology with the assistance of that it becomes easier to shield the privacy of the parties that build the transactions
Velix.ID provides a big nitty gritty whitepaper strolling an individual through the case, the issue, their answer and the way exactly they have to accomplish this. Having same that, the whitepaper contains specialised language to a furthest purpose that is tough to make up the comprehension.
Discussing the reserve distribution, forty five % from the deals can head to item improvement, twenty five % are going to be forgot for organization and showcasing, twenty % can watch out of the task expense, analysis are going to be appointed five % whereas the remainder of the five % can go towards legitimate piece of the enterprise.
One of the purpose that enterprise desires in is that the non-accessibility of the model. The model ought to be propelled by March 2018.
In spite of the actual fact that the organization is as of currently taking an effort at its model and have the codes accessible on the GitHub, the Velix.ID ICO desires it ready already to supply a substantive account its money specialists. As per the positioning of the organization, it'll return presently to the iOS App Store.
The Token Sale and ICO Details:
The Soft Cap of the sale is - $2.5 Million
The Hard Cap of the sale is - $25 Million
Today is the last day of the pre-sale and the crowdsale starts tomorrow i.e. 10th
February 2018 and will be over by 5th March 2018.
The Fund Allocation
45% - Development of Products
25% - Marketing and Partnership
20% - Operating Cost
5% - Research
5% - Legal
Token Metrics:
• Token: VXD
• Price: 1 VXD = 1 USD
• Bonus: Available
• Bounty: Available
• Platform: Ethereum
• Accepting: ETH, BTC, XRP, LTC
• Minimum investment: 0.1 ETH
• Soft cap: 2,500,000 USD
• Hard cap: 23,800,000 USD
• Country: Singapore
• Whitelist/KYC: Whitelist
• Restricted areas: Singapore
For More Information Visit :
Website : https://account.velix.id/
Whitepaper : https://www.velix.id/assets/Velix-White-Paper.pdf
Twitter : https://twitter.com/VelixId
Telegram: https://t.me/velixID
Author username:gayan
Author:https://bitcointalk.org/index.php?action=profile;u=1189054