Have you ever dreamed about the insurance with zero percent commission fee? Me neither, but today I heard about the Vernam ICO. They are going to boost the crypto market by accessing such a huge market as insurance. The insurance is one of the biggest industries in the world, estimated by 4,3 billion dollars by 2016. Can you image what impact the Vernam will cause by entering such a market? This will take the crypto industry on a completely new level.
The main competitive advantage of Vernam, among the industry, is the lack of fees. The typical insurance fee, is approximately 30 percent. So, you are paying a big amount of money for nothing. The Vernam solves this problem, by giving their users, this 30 percent back! Yes, you heard it. Simply by using the Vernam platform, you will get this 30 percent in a form of a Cashback! This is absolutely amazing. Another interesting feature of this project is the usage of blockchain technology. Thanks to the blockchain, your personal data will be secured and you do not need to worry about your funds, because blockchain will guarantee the protection of your funds.
The whole Vernam ecosystem will run on VRN tokens. An ERC20 VRN token is named Vernam and is designed to make the payment among the platform easy and comfortable for users. With VRN token, you will be able to buy insurance products, to get your Cashback, and you also will be able to withdrawal all you crypto currency to an exchange and sell it.
The Vernam ICO has a very high level of trust in the crypto community. Moreover, they are listed on a variety of ICOrating websites. They got 4,6 from 5 by ICObench and were already rated by 16 experts. Almost every project with rating above 4,2 on ICObench was successful, and Vernam got 4,6. Furthermore, they got 9,2 from 10 by ICOmarks. I saw only several ICOs, that got such a rating.
According to the white paper, the Hard Cap is going to be 500 million VRN tokens. The ICO event will last from the 8th of May till the 18th of July. The investors who will contribute in the first three hours of the token sale, will get 1 VRN token for 0,051$. However, this tokens will be locked for the next six months. You will be able to use 1/6 amount of purchased tokens, each month. If you participate after the third hour, the tokens won't be locked any more. The later you contribute, the smaller is the discount on Vernam tokens. The end price is fixed by 0.085$ per token. The minimal contribution is 0.1 Ethereum or 0.01 Bitcoin. They are also going to burn all unsold tokens, which would lead to the price increase. According to the roadmap, we will see the MVP version of the platform by the end of 2018 and the exchange listing is planed for the Q3 of 2018. In the second quarter of 2019, the Vernam will launch their mobile app and the first smart contracts.
All in all, Vernam ICO is a very perspective project, with a huge trust among the crypto community. They have an experienced team and a lot of advisors, that will help to spread the project. Moreover, the entrance of blockchain technology in such a big industry will bring crypto world on the whole new level. If you are tired of paying the insurance companies for nothing, the Vernam project is for you. However, if you hurry up, the Vernam ICO has a very generous gift for you. Right now, you will get 10000 VRN tokens for 1 Ethereum, which is equivalent to 600$. Today is a perfect time to contribute, due to the current market situation.
If you want to invest in Vernam, please visit their website: https://www.vernam.com
You can also read the white paper for more detailed information: https://www.vernam.com/assets/uploads/Whitepaper_Beta_v015.pdf
If you would like to follow the news and be up to date, you can follow their social media channels:
Twitter: https://twitter.com/vernamofficial
Facebook: https://www.facebook.com/vernamofficial/
Telegram: https://t.me/vernam
Medium: https://medium.com/@vernam.official/
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Bitcointalk username: Boss95rnd
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