Velix.ID :: A Global Platform for Frictionless Identity Verification

bitcoinmux (30)in #cryptocurrency • 8 years ago

Velix.ID aims at solving the problems of financial costs, time consumption, privacy, and security concerns in the Identity Verification Space by introducing a decentralized Ecosystem for Identity Verification that puts both Users and Businesses at an advantage.

Such a platform is user-optimized (i.e. time and cost efficient), decentralized (does not store data in any central database), transparent (the authenticity of transactions can be verified by anyone), secure (even if Velix.ID systems are breached, it does nothing to compromise the Users data), obscure (the Users privacy is protected at all times), and universal (near-instant IDverification without geographical restrictions).

Velix.ID aims to become an ecosystem for all stakeholders in the IDV industry by offering an open, secure, reliable and trusted blockchain smart contract that can become the base of a trust-framework subscribable by all the stakeholders; whether identity holders, verified-identity providers orthe verified- identity seekers.

Token Sale start on :

April 17, 2018

VXD Token Sale Bonus Structure

<0.1 ETH : 0% Bonus
0.1 ETH - 0.5 ETH : 5% Bonus
0.5 ETH - 1 ETH : 10% Bonus
1 ETH - 5 ETH : 20% Bonus
5 ETH - 10 ETH : 30% Bonus
10 ETH - 50 ETH : 40% Bonus

Token Distrubution

VXD is a ERC-20 compatible token on the Ethereum blockchain.

Token Sale

VXD Tokens Allotted : 50 Million
Token type : Utility Token
Purpose : To be sold in the Private Sale, Presale, and Crowdsale.
Soft Cap : $2.5 Million
Hard Cap : $3.4 Million
All unsold tokens from the token sales will be burnt
Availability : Tokens will be instantly sent to the investors ERC-20 wallet through the smart contract.
Total supply : T100 Million

Team

VXD Tokens Allotted : 16 Million
Purpose : Founders, team, and advisors for their contribution towards the development of the Velix.ID product.
Availability : For the Founders, every 6 months, 25% is unlocked from the smart contract. For advisors and team, half of the tokens will be available immediately, and the rest 50% will be locked in the smart contract for 3 months.

Community

VXD Tokens Allotted : 4 Million
Purpose : To run the bounty program and incentivize the community participants who aid in the development of Velix.ID.
Availability :
Bounties : 100% will be available immediately.
Community : 50% will be available immediately.
50% will be locked in the smart contract for 3 months.

Reserve

VXD is a ERC-20 compatible token on the Ethereum blockchain.

Purpose : 15 million reserved for a future crowdsale after 18 months.
15 million retained for future business partners onboarding and incentivising Velix.ID Users.

RoadMap