Everex pre-ICO is live! Everex to put fiat currency on the Blockchain @BlockRush
Everex
Everex is a Blockchain development company which is planning to expand inclusion of the Blockchain powered financial services to the unbanked. The company's vision is to use Blockchain to power low cost cross border micro-finance to the billions who remain unbanked around the world.
The company plans to secure regulatory license, strike partnerships with banks and financial exchanges as well as recruit latent.
From a glance Everex does seem to have everything a startup would need to be a successful:
- Solid management team of expert
- Strong advisory team of fintech veterans
- Proven track record of success in the implementation of its pilot test
- A well documented business plan and a feasible road map
- Participation in development of already existing successful Ethereum applications used by the likes of ChronoBank
Everex promises some exciting features including:
- low fees and instant transfers of cash
- intelligent AI powered micro-lending services
- in-built forex market and exchange
- ease of accessibility of funds through ATMs, local exchanges and retails
- instant global payment solutions
- mobile payments supporting payment at stores and online
- access to everyone, no pre-requisites
Trails of Everex wallet
In November last year Everex announced to it had successful completed a pilot test of its Ethereum based mobile remittance app allowing migrant workers living in Thailand to send money back home to Myanmar.
Over 100 users were able to transfer around 850,000 Thai baht (around $24,000 USD) through their Everex wallet which recipient then converted to fiat currency using thirdparty exchanges.
In the trail participants were able to send the money instantly while also saving an overall of 7% in transaction and currency conversion fees as compared to conventional remittance systems.
Following the success of the test in Myanmar and further developments, the company believes it is ready to expand the Everex money remittance service to the rest of the world, particularly the unbanked who do have access to smartphones.
Everex wallet is now available on the web, iOS, Mac and the PC.
Everex Blockchain and ICO
Everex is an application built on the Ethereum Blockchain and will soon be launching an ICO for its CryptoCash tokens. However the pre-ICO is already live and will be ending in less about 23 hours! There is a 20% discount to be offered for those who participate.
Steemian talk
- What do you think of the Everex wallet?
- Will Everex live to its hype or fade in oblivion just like the many Blockchain based wallets out there?
- Will Everex ever meet the success of the likes of Xapo, Mobi.me and Abra?
- Above all, would you consider investing into the Everex ICO, why?
Let us know of your take on this by commenting below! Do not forget to check the pre-ICO which ends in less than 23 hours!
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This post is a re-post and was neccessary because the original post run into complications. Everything is now sorted out and you can see the original post here > https://steemit.com/bitcoin/@blockrush/everex-want-to-put-fiat-currency-on-the-blockchain-blockrush