Vertex - The gateway to a smart crypto investment
It has become norm in crypto ICOs to have some group of ambitious fellows design schemes that says a lot of what they want to do but never tell us how they seek to achieve it. Yet, we have seen with constant regularity how countless investors have fell to this cheap mind games borne out of the high enthusiasm and hype before investing into a cryptocurrency project. So far,so good this has being the tale of most investors when it comes to investing in crypto-related projects through ICOs.
And this trend will continue if investors dont change their attitude towards cryptocurrency investments because everytime an investors mindlessly sift through projects he is interested in and will possibly invest in, he risk a 50% chance that his funds might fall into the wrong hands meaning there is a low chance of ROI on his initial investment. This claim might be true for investors in the coming years as 2017, a year which marked the birth of ICOs was pitted to have being a year of missed oppurtunities for different investors as more than 50% of all 879 ICOs in that year were unsuccesful. The story doesnt end there as the lesser half of this equation must have recorded a high return on their initial investment. The latter is the reason why the cryptocurrency space is gaining new investors everyday but with no knowledge and proper assessment of a project before their ICO, there is room for history to repeat itself again. But really nobody is interested in plastics ICOs anymore, the crypto space need new fiat money to increase the market liquidity and that will come when the so-called ICOs are being streamlined to be attractive for investment.
This leads us to Vetting before ICOs!
Vertex is a first-of-its-kind decentralised, aftermarket platform that will allow potential investors to buy carefully vetted tokens at preferential price before they can be listed on exchanges.
The truth is that ordinary investors may not get the chance to invest in such projects with high chances of success because most of the tokens are sold during the private sale leaving many with rued chances, driving many into the dreaded-half whose story about ICOs leaves a sour taste.
Apart from the high volatility of the cryptocurrency market, this is one of problems which stands in the way before the full adoption of cryptocurrency and the blockchain technology.
Vertex platform is looking to bridge this gap by offering all class of investors a level playing field to invest in solid cryptocurrency projects through their ICOs offerings before they get listed on an exchange.
This means that investing through the Vertex platform can offer investors the security that their investment does stand the test of time.
watch this brief video before proceeding
Before buying into any project, it is advisable than an investor carryout sufficient risk assessment that ensures his investments are well protected. As with many crypto projects, this risks gets higher because the team are relatively unknown, they could have ulterior motives or they might not be capable of fulfilling all the rich promises their investors buy into. All this are complicated issues that investors can't control and mostly can't influence from the outside.
Vertex will help every class of investors to arrest these type of issues and many more by ensuring that all users on their platform ONLY gets access to carefully vetted ICOs; which considerably reduces the level of risk that they might face if they do it the normal way by just investing in ICOs without going through the vetting process.
Although the concept of smart investment on Vertex is not a one-side affair that will benefit only investors as the ICO also stand to gain disciplined and verified investors on the platform after succesfully scaling through the vetting process. The vetting process will go a long way to enhance investors confidence in a project while helping the project team focus on working on their idea to achieve their setgoals.
This project is supported by experienced investment experts who knows what it takes to identify a project with a good chance of making the cut. So in a similar vein, Vertex helps you to identify such project as well as offer you the oppurtunity to invest in such project early enough before they hit an exchange. This means that
For Investors : Investors have a better chance of getting a good return for their investments big or small
For Users : Can easily use the VTEX token to invest increasing their return on both ends of the token economy.
For ICOs : Might serves a channel for new investors through their UHNWI (Ultra High Net Worth Investors) schedule offered by Vertex Capital; a private crypto management firm. Although this is not a guarantee for every ICOs but Vertex gives the necessary exposure to all ICOs through free advertisement on their platform.
Vetting Procedure
The vetting procedure on Vertex is geared towards encouraging a disciplined and economic approach by both ends of the token investment.
A thorough evaluation process must have ensued to ensure a fair and transparent ICO vetting exercise ; Once such ICOs are deemed to have Passed the vetting exercise succesfully by Vertex group of experienced investors; they are offered a seal of approval and integrated into the mainstream of the Vertex platform where investors can then invest into such project at will knowingfully well that there funds is in the right hand.
Through this singular act , Vertex ensures that every class of investors get the oppurtunity to invest in projects with high aesthetic value and interesting economic benefits.
Post-Vetting
Once an ICO is succesfully integrated into the Vertex ecosystem, they gain full exposure to the scores of KYC- verified investors already using the platform to manage their crypto assets. This means that this ICOs have a high chance of gaining new investors ensuring that the project gains quick access to the funds they need in the process.
This promote a two-way gain method as the project team derives the much needed motivation to pursue to the latter every goal laid out at the conception of the project which is captured in the project roadmaps, project goals, vision and mission.
This creates a conducive ecosystem for new ideas to brew and stand the test of time ensuring that investors get a good ROIs.
The key is ensuring an healthy ICO. Carefully vetted to reduce the risk for investors and Increasing the chances of getting more investors to participate in such ICOs.
So the VTEX token has some use cases within the Vertex economy which are integral to the growth of the whole ecosystem.
To An Investor
Investors can use the VTEX token to invest in vetted ICOs within the vertex ecosystem. Vertex gets invited to invest in many ICO’s ahead of time and is granted exclusive discounts on the tokens. These tokens are kept in the platform’s portfolio until the ICO is over, after which they are offered to the community at discounts.For An ICO
Vertex seek to grow an economy around healthy ICOs by re-injecting funds generated from their public token sale back into the ecosystem inorder to create a robust and interactive VTEX token economy that will be accepted as attractive investment for ICOs.This means that the acquisition of VTEX token by an ICO serves as the benchmark to drive a vetting-based ICO economy. While the Vertex Capital can help their clients gain interest into such vetted ICOs and consequently inject the much needed fiat into the project to drive the liquidity level high.
- Full disclosure of vetted ICOs evaluation for transparency
- ICO ranking and feedback left by team and member
- Users get constant progress report as the ICO unwinds.
- Supports both utility and security token while banning tokens in tobacco, alcohol and gambling industries
- OTC Platform
- Minimum investment which Vertex allows is US$500 000
- A channel for new investors
- Instituting an healthy investment culture among crypto investors.
- Ensures preferential access for early participation in ICO’s.
User registers with his information including the ether address which he will use for transactions and completes the Kyc requirement to be reviewed and approved under 48 hours
Once approved , Users can browse through available projects. They will be provided with a unique ether address and are required to send the VTEX token to this address to buy into any vetted ICOs.
There is a possibility for ban when a user users states his intent to purchase thrice without purchasing.
Vertex offers a solution that may increase wide crypto adoption once ICOs learn the full benefits of the Vertex platform for their project and investors.
This is my entry for the sponsored writing contest organized by @monajam. You can find the contest here.
This is a beautiful piece! Weldone @apiprincz