VERTEX: OFFERING THE BEST ICOs TO THE WORLD
This is my entry for the sponsors d writing contest organized by @monajam. You can find the contest here
1.0 Introduction to Challenges
The acronym ICO means initial coin offering. It is a means by which crypto firms offer investors units of a new coin(token) in exchange against cryptocurrency such as Bitcoin. The outstanding amount of returns from these ICOs has contributed to its wide range of adoption by investors and traders on the blockchain.
These ICOs may decline or appreciate in value depending on several factors. This has made it difficult for investors to determine the fate of an ICO upon its release to the market.
The current growth of the digital market and crypto trading has also contributed to the problems faced by investors. Over the space of 4 years there have been in flux of ICOs and investors find it strenuous to opt for the most economically viable ICO.
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These questions arise:
- Which token do I purchase??
- Which ICO gives me the best returns??
- Which token has a solid economic base??
These questions would be quite overwhelming for the ordinary individual but for a seasoned expert at ICO investment and analysis it would be a simple task. This is where the platform VERTEX comes in.
Vertex is the first ICO aftermarket platform and ecosystem that will offer users the most economically viable tokens that will yield returns.
2.0 Fixing the Problem
For an individual who wants to venture into crypto trading but lack the know how in terms of analyzing ICOs, Vertexwill offer him an opportunity to change that. The vertex team of analysts and private equity investors will carefully analyse ICOs on their platform before allowing users invest and purchase the tokens at preferential price. On vertex
- Buyers choose the project to invest on
- Users will be in full possession of tokens
- Users have full control and management of token after puchase.
3.0 VERTEX WORKING PRINCIPLE
TOKEN USE
Users on vertex platform will be allowed to buy tokens from projects they have invested in using the vertex tokens they must have acquired.
SECURITY
Vertex will be a decentralized system and all tokens will be stored using cold storage where it would be safe from cyber attack. Gaining accessto accounts will be based on the two factor authorization (TFA).
SPECIAL TREATMENT
Vertex will be given special access to ICOs before hand and at a discounted price. Vertex will the offer tokens to its users at special discounts. For the purpose of fairness , Vertex will ensure that No single user can purchase large volumes of token. This way every user gets equal chance of participating.
4.0 Getting On Vertex
As a firm with the intention of conducting an ICO, the whitepaper alongnside every relevant document will be submitted to Vertex for pre-evaluation by the best set of minds and eyes.
4.1 The Vetting Process on VERTEX
The Vertex team of experienced equity investors and analysts will keenly scrutinize the ICO and present the result to users. After their analysis , there are two categories of ICOs:
- An ICO that is viable but requires little investment
- An ICO that is transformative but and requires a large investment.
The Vertex team will use certain parameters(background, aim, feasibility studies) to judge which of the ICO will be suitable for their platform. Upon completion of the first screening, a further in depth screening is carried out and the ICOs left will have a face to face meeting with the vertex team for proper negotiations and interactions.
5.0 Who will benefit from VERTEX
INVESTORS
Most ICOs never go public and this makes it difficult for investors to get access to their tokens. The process involved is just to hectic. Vertex offers investors a single token market through which they can access all ICOs and more importantly, at discount price. The prices that Vertex offers tokens will be less than the price of the token when it goes public. The investors need not worry about risks, the ICOs on have already gone through the right evaluation.
ICOs
ICOs who have been vetted by the Vertex team, will have an increased chance of being selected. The investors will see the vetting by vertex as a high rated approval of the ICO they are about to invest in. These ICOs will also receive support and consulting services from the seasoned team of vertex.
CRYPTO COMMUNITY
Risks involved with choosing the wrong ICO has been the major reason why most individuals have not ventured into the crypto world. With Vertex, they can confident that as they join the crypto community, they will get the best ICOs
THIRD PARTY INVESTORS
Third party investors can invest with the team , leverage the Vertex platform to offer tokens they have invested in. They can trade the tokens they have acquired from the vertex platform on the Vertex platform. This will create wider supply of viable projects and ultimately more users.
6.0 Peek into the Vertex Economy
The tokens to be offered on Vertex will not be tied to any business with connections to drug and tobacco.
Vertex Wallet
The Vertex wallet will be an ERC20 friendly wallet. Users will hold their tokens in the wallet and receive periodic news and updates about the tokens they currently posses.
Premium Token
This token is likened to the shares held by shareholders in a traditional market situation. Users with this token will be able to vote on decsuins concerning the platform and earn profits.
Token distribution
Proceed Allocation
RoadMap
Conclusion
Vertex is helping users invest their money wisely in the crypto business. The risks associated with choosing ICOs that may fail has been limited. Inviduals aiming to invest in ICOs will be rest assured that they are making the right choice because the ICO have been properly vetted.
My animation
Vertex website
Vertex White paper
Vertex Airdrop
Vertex Facebook
Vertex Twitter
Uncomplicated article. I learned a lot of new things. I signed up and voted. I will be glad to mutual subscription))))