Velix.ID VXD ICO

adrianade (25)in #blockchain • 7 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).

Token sale begins @

17th April, 2018

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 User's 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.

Features

User-Optimized
The Velix.ID ecosystem is both time & cost efficient; the time and cost incurred in verifying identities is reduced significantly both for users and businesses.

Decentralized
No single point of failure can occur in the Velix.ID ecosystem; compromise of a node(s) does not affect the rest of the ecosystem.

Transparent
Transactions on the Velix ID blockchain can be seen by everyone. Verifiable authenticity exists for every transaction made.

Secure
User’s data is not stored with Velix. Even if Velix.ID systems are breached, it does nothing to compromise the data of the User.

Obscure
Using zero-knowledge-proofs, the latest in the blockchain technology, Velix.ID blockchain ensures the privacy of transacting parties from other users on the blockchain.

Universal
VXD tokens globalize the platform by facilitating near-instant autonomous transactions between anyone across the world irrespective of geographic boundaries.

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 investor’s 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.
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