A lot of individuals and firms all over the world now have either heard about cryptocurrency, owns at least 1 cryptocurrency, or planning to own at least a cryptocurrency. While this is a positive sign for cryptocurrencies, it also goes to show that an enormous influx of individuals and firms to crypto is surely guaranteed and in no time, the whole world would buy into the cryptocurrency system.
The past year for crypto has seen its capabilities and potentials as its total market capitalization runs in billions and got close to a trillion last year. This is said to be expected soon. What this goes to show is that a lot of people and firms invest into crypto on a daily. It also shows that people now prefer this method of investment and are ditching the traditional investments systems. The concept of ICOs has seen a lot of funds come into the crypto world over time and it keeps on increasing. While this is welcoming, the frequent scenarios of investors not gaining on their investment and even losing a huge percentage of their investment is truly appalling and if not properly addressed can lead to a collapse of the ICO system.
These ICOs are what startups or already existing firms who want to utilize the Blockchain technology in making life easier and comfortable for us raise funds to be able to start and complete their projects. This process has led to the birth of huge platforms today and must not get to a point where it’s almost impossible to get investors. These have all been issues the Vertex Team has critically analyzed and therefore came up with the perfect solutions as they are a passionate people of the Blockchain technology and want the best for ICO projects as well as its Investors.
About Vertex
Vertex wants to create a totally unique market and a token which would comprise of an exchange platform, investment experience, and reasonable based tokenization. Through the planned financial ecosystem of Vertex, there would be a guarantee of a top of the line productive market for various investments in cryptocurrencies. Vertex offers the principal reseller's exchange for ICO's, which will give financial specialists solid chances to get returns and bring more fiat assets into the cryptocurrency markets, by pulling in capital through its ICO vetting processes. Immediately an ICO ends, tokens will be offered on the vertex market before they are listed on exchanges, the vertex market is an OTC platform.
The Vertex Ecosystem
This ecosystem is particularly focused around the ICO vetting process, the vertex platform, and the vertex(VTEX) token. These three pillars would create a favorable and beneficial economy for ICOs. Via this ecosystem, only projects which have been carefully reviewed(vetted) by the Vertex Team would receive investment from vertex and in turn sells the tokens it acquires on its platform. This is where the VTEX token utility comes in as the token would be used solely in the purchase of tokens from ICOs by Vertex and the subsequent sale of those tokens on the Vertex platform. Also, when Vertex buys tokens from the ICO, they partly pay with VTEX and users on the platform buys these tokens with the VTEX tokens. This shows a unique and effective use-case of the VTEX token which would surely result in a huge demand and also because the various tokens on sale are from carefully vetted projects whose tokens also has a huge demand and sold at fair prices. Another advantage of the ecosystem to the ICO projects is that vertex help out in investment and also link the projects to investors on the Vertex platform who have been verified via a standard KYC process.
Token & ICO
As earlier pointed out, the VTEX token is the utility token of the platform and would be used for all transactions on the platform. It’s an ERC-20 token on the ethereum Blockchain and has a total supply of 300 million.
Token Ticker: VTEX
Start Price: $0.22 ($0.01 increase in price for every 15 million VTEX sold)
Soft cap: $3,000,000
Hard cap: $44,700,000
ICO Starts: 02.07.2018
ICO Ends: 25.01.2019
Tokens for sale: 180,000,000 VTEX
Minimum contribution: $50
RoadMap
Team
For more information, please visit the following links:
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Published by Dogecoin92
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