Everex ICO
Let’s Start This Journey With Everex
Everex Adding 2 Billion People To The World Economy
Overview Of Everex Project
the rise of the Internet, mobile devices and cross-border integration. Sending money across international borders is still complicated and expensive, with charges per transaction averaging 7.45% Existing remittance- and transfer systems suffer from long lines, waiting times, exchange-rate losses, counter-party risks, bureaucracy and extensive paperwork. To achieve financial inclusion of the unbanked, or underbanked adults, Everex proposes the concept of Cryptocash. Cryptocash is a cryptocurrency, where each unit has its value pegged to, and a name based on, the fiat currency it represents, e.g., US-Dollar. Everex focus on solving the financial inclusion problem by applying blockchain technology for cross-border remittances, online payments, currency exchange and micro lending using Cryptocash, without the volatility issues of existing, non-stablecoin cryptocurrencies.
Cryptocash
Cryptocash is implemented on the Ethereum blockchain and uses Solidity Cryptocash tokens can also be converted from one unit to another, e.g., cryptoUSD (USDEX) to cryptoBaht (THBEX). It is also possible to deposit and redeem Cryptocash via an independent network of exchanges within a country using bank to bank transfers, an ATM network, or in cash. For individuals cash-in and wallet-to-wallet transactions are free of charge, but a small fee is charged when exchanging Cryptocash to fiat currencies. In the case of businesses, a 1% fee is charged for accepting Cryptocash payments, but withdrawal is free of charge.as a smart contract languages. In contrast to Bitcoin, Ethereum provides a publicly available and distributed ledger system, and incorporates Turingcomplete programming languages on the protocol-layer to realize smart contract capabilities.
Overview Of Cryptocash Eco — System
Everex Cryptocash contract based on the ERC20 token standard . During the initial setup-phase of the capital transfer system, those token contracts are controlled by Everex for security reasons, while everex learn the customers behavior and demand for their services.rity reasons, while we learn the customers behavior and demand for our services. During later project stages, the contract control is delegated to a third party, e.g., a public entity, or a regulatory body. All token contracts are publicly available and open for audits. Since published contracts cannot be changed anymore, a token contract governance system allows to create child-contracts, approved and voted for by the system stakeholders, thereby updating the rules of the corresponding parent contracts. The Cryptocash token smart contracts are independent from Everex wallets and therefore, external service providers can build their own ERC20-compliant wallets and conduct Cryptocash-based transactions.
Everex Token Sale
Everex token sale is live, join here: https://t.everex.io/t/Fq5rYSP
The EVX token sale is live now and will come to an end as soon as 70000 Ether have been raised.
During the sale, EVX will be offered in 5 price tiers:
Tier 1, starting on July 24, at 09:00 am GMT
1 Ether will buy you 250 EVX
Tier 2, starting on July 27, at 09:00 am GMT
1 Ether will buy you 225 EVX
Tier 3, starting on August 3, at 09:00 am GMT
1 Ether will buy you 200 EVX
Tier 4, starting on August 10, at 09:00 am GMT
1 Ether will buy you 190 EVX
Tier 5 staring on August 17, at 09:00 am GMT
1 Ether will buy you 180 EVX
The sale period will not exceed beyond August 31, at 08:59 am GMT
BTC/ETH rates for EVX purchases will be calculated according to the BTC/ETH exchange rates on July 24.
Everex token sale is still live and will be closed as soon as 70,000 ETH will be raised. Until now 41,094 ETH are raised.
Roadmap
2016
VALIDATION AND PILOT
Scope: 100 migrant workers, 850,000 Crypto THB Successful transfers confirmed between Thailand and Myanmar (eqv. $24,000
2017 Q2
STRATEGY AND PLANNING
Legal structure and frameworkStrategic PartnershipsMarketing and PREstablish EVX community Advisory Board SelectionToken Sale Platform development and testingDevelopment of EVX token
2017 Q3
OPEN FOR BUSINESS
Regulatory Framework Compliance Execution Plan
License Application for lending and currency exchange
Establish Partnerships with banks and Liquidity Providers.
Token Sale Event, listing EVX on exchanges
Talent Recruitment for Key positions
Product Portfolio Roadmap Execution Plan Official Launch of Myanmar, Russia and Thailand Markets
EVX community development
2018 Q1
PRODUCT/MARKETS GRID
Launch of Remittance and Microlending in 3 Asian markets
New product features validation and integration
Commercialization Campaign of Cryptocash Business growth opportunities in Middle East and Europe
Sales and Marketing Campaign Strategy
Regulatory Framework Compliance
Secure Technical Partnerships
First quarterly EVX token buy back
2018 Q2
PRODUCT/MARKETS EXPANSION GRID
Launch New Markets Middle East
Market-Specific Sales and Marketing Campaigns
Business growth opportunities in mature markets: Europe/US
Business growth opportunities in emerging markets: China, India, SA
Strengthened Regulatory Framework Compliance
Establish hardware partnerships
Establish easy cash in/out network in selected markets
B2B Expansion Strategy
Quarterly token buyback
How It Works
Blockchain-Powered Microfinance and Remittance Services
Quick Deposit
Top Up funds, borrow or purchase any currency with the click of a button
International Mobile Payments
Pay vendors and service providers globally
Cash Out in any Currency
Withdraw cash at ATMs, local currency exchanges, and retailers worldwide
Transfer
Send money anywhere instantaneously, or withdraw to your bank account at the cost of a local transaction
Digital Escrow
Send payments, secured with a one-time PIN code. Receiver will be able to release the secured payment once sender reveals the PIN
Important Links
Website: https://www.everex.io/
Slack: https://everex.slack.com/join/shared_invite/MjE2NjI1ODgxMTcxLTE1MDA4OTIzNzUtNTI5YmUwYjViMw
Twitter: https://twitter.com/everexio
Telegram: https://t.me/everexio
Whitepaper: https://daks2k3a4ib2z.cloudfront.net/59157962bdb4300afa8771a9/5963c09d077a520b5a965208_20170710_EVX_WP.pdf
Blog: https://blog.everex.io/