Based on the Ethereum smart contract platform, vertex is a cryptocurrency platform with a solid technology created to address the need of investors. Vertex is a trading company with focus on venture capital experience, fair value based tokenization and trading. Part of the aim of vertex is to come up with a profitable, high end market for investors of cryptocurrency.
The platform offers very useful solution to users hence; vertex qualifies as the most versatile solution on the ICO market. With the rate at which current project fails, vertex is solid protection – the best ICO project
THE VERTEX PLATFORM: WHAT IT DOES
There is a six step safety review process that accompanies the vertex platform; this passes the ICO through some filters. This gives important business people and investors ability to access ICO projects easily. Through the vertex mechanism, users will be able to invest in the platform with peace of mind while going for the offer that suits them most.
There are many benefits packaged for users of the vertex platform. The project is offering a new breakthrough in the industry with the following benefits:
- All form of fraudulent activities will be checked with the security review system
- The platform is able to identify and distinguish projects that are more likely to succeed from those less likely to succeed.
- Users will have access to the most powerful projects at reasonable price. This is the first of its kind.
- The vertex system will be able to take part in projects that have special sales events.
- Vertex will be able to purchase all types of tokens in a fair manner for users.
VERTEX PLATFORM: THE CONCEPT BEHIND IT
The governing principle of vertex is pretty simple. In order for vertex to be able to get rid of misunderstanding from all angles, limit the projects less likely to succeed and get rid of scam, there is the need for a system that can scrutinize these projects very well before funding.
This is the main assignment of vertex as it thrives on a solid vetting principle to bring about a very useful ICO market.
THE VERTEX CURRENCY
All transactions and ICO investment on the vertex platform will operate based on the Vertex token. ICOs that are applicable through the Vertex system will need to use the Vertex token as a main part of their transaction. The vertex token will be the powerhouse of the whole ICO process. Associate ICOs and many other financial parts of the system can enjoy the benefit of the Vertex token.
Users will need the Vertex token to buy ICO tokens on the platform. The vertex token will also be used to buy any part of the tokens scrutinized by the vetted ICOs. The vertex token will drive the platform; link other ICOs and users via the vertex vetting principle on the platform. With this, everyone can benefit from the platform.
The working principle is discussed below:
- A team of trusted investors, business leaders will scrutinize (vet) projects judging with their experience and a set aside method
- After the scrutinizing process, just 3% of the project will qualify for funding
- This is where vertex will decide the project worth investing in
- Vertex token will be sold via this means
- Users of the platform will be able to buy tokens of vetted projects
- All users will be able to purchase any token that is available on the platform. There will be no artificial scarcity.
The Vertex token, VTEX will be an ERC20 token on the Ethereum blockchain. There will be a total supply of 300,000,000 (three hundred million) tokens.
Hard Cap:
The ITS has a hard cap of $44,700,000 USD – forty-four million seven hundred
thousand US Dollars.
Soft Cap: If the project fails to raise $3,000,000 USD, funds will be refunded to contributors
minus transaction fees.
Minimum Contribution is $50 USD and
maximum contribution is unlimited. Tokens which are not sold will be burned at the end of the ITS. Unsold tokens will be burned and sold tokens will be distributed.
Vertex tokens will be available to initial investors for private sale and for public Sale, Vertex tokens available to the general public.
To find out more about this project, here are some related links:
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