Velix ICO
💣ICO 17.04.18-15.05.18
💣Token VXD
💣Price 1 VXD = 1 USD
💣Platform Ethereum
💣Accepting ETH, BTC, XRP, LTC
💣Minimum investment 0.1 ETH
💣Soft cap 2,500,000 USD
💣Hard cap 23,800,000 USD
💣Country Singapore
💣Whitelist/KYC Whitelist
💣Restricted areas Singapore
As the contemporary methods of identity verification take too long to process, incur a massive financial loss for both businesses and consumers, and often compromise the personal information of the consumers — Velix.ID is decentralizing the process using smart contracts, zero-knowledge proofs (zSNARKs), and stellar consensus protocol (SCP) to build an ecosystem that is Universal, Obscure, Transparent, Decentralized, Time-Efficient, and Cost-Efficient. Velix.ID Ecosystem has its own native VXD utility tokens which will be used to transact identity verification between the stakeholders in the ecosystem. The initial target markets are India & Australia with over 1.3 Billion identities, to be followed with operations launch in Asia-Pacific and UK. The Velix.ID team and advisors come with extensive experience in the cryptocurrency industry with a varied background including from Cointelegraph, BnkToTheFuture, KickICO, PundiX, Propy, Trade.io, Covesting, Crypterium, and The Next Web.
🔥Official Website:
https://www.velix.id/
🔥Whitepaper:
https://www.velix.id/assets/Velix.ID%20White%20Paper.pdf
🔥ANN:
https://bitcointalk.org/index.php?topic=2721724.0
💥The personal identification Information of an individual has grown leaps and bound In the last three decades, but the methods of verification have not quite caught up. While recent innovations like the United Nation's ID 2020 initiative, New Zealand Govt.'s RealMe, and Sweden's BankID and Indian Government's AADHAAR Card are attempts at simplifying this process; they all lack in protecting the privacy of the concerned individual. The primary reason why a disruption in the identity-verification (IDV) space has not yet happened is the lack of a tested/proven trust-framework on which all institutions, globally, can rely on for sharing the costs and liability of identity verification. Velix.ID aims at bridging this gap by building a universal, obscure, transparent, decentralized, time-efficient, and cost-efficient ecosystem for Identity verification.
💥Time Consumption
Current process of identity verification can take from days to weeks to months; depleting resources otherwise capable of generating revenue.
💥Privacy
Data stored in centralized locations are vulnerable to multiple and mass data breaches & risk exposing the identity of the user.
Security
💥Personally Identifiable Information (PII) is leaked at various stages in the ID verification process which leads to unsolicitated use.
Financial Loss
💥The process of ID verification inflicts significant fincancial cost to the businesses.
🔥Videoobzor:
💥Milestones💥
💸1)JUNE 2016 — CONCEPTUALIZATION
A blockchain-based universal unique ID for each individual.
💸2)JUNE 2016 - MARCH 2017 — RESEARCH & DEVELOPMENT
Testing the concept over Bitcoin's, Ethereum’s, Stellar’s and other available blockchains.
💸3)APRIL 2016 - NOVEMBER 2017 — VALIDATION
Architecting the idea with a hybrid blockchain of Ethereum and Stellar — validation of idea by technical advisors.
💸4)DECEMBER 2017 — PUBLIC LAUNCH
Concept launched publicly — Website, White Paper, and Public Communications, presenting the idea to potential advisors & partners.
💸5)NOVEMBER 2017 - MARCH 2018 — TEAM EXPANSION
Seed-funding raised, team expanded with Developers, Blockchain & Smart Contracts Experts, and PR, Strategy, and Marketing Professionals.
💸6)JANUARY 2018 — MVP & SMART CONTRACT
Minimal Viable Product developed and launched on play store, and Smart Contract Deployed.
💸7)APRIL 2018 — TOKEN SALE
Presale and Crowdsale for the VXD tokens with bonuses.
💸8)MAY 2018- OCTOBER 2018 — MVP BETA TESTING
MVP & Velix.ID Blockchain beta testing & development as per feedback from industry experts and Ecosystem users.
💸9)NOVEMBER 2018 — PRODUCT PUBLIC LAUNCH
Velix.ID App launch for PII Level 0, 1.
Functional for use-cases such as e-commerce, KYC, etc.
Users Identified: 130 Million
💸10)JANUARY 2019- DECEMBER 2019 — OPERATIONS EXPANSION I
Expansion to 10 other Asia-Pacific Countries for PII Level 0,1.
Users Identified: 200 Million
💸11)OCTOBER 2019 — PRODUCT UPGRADE I
App expanded to support PII Level 2.
Functional for use-cases such as Hotel booking and Employment Details.
💸12)JANUARY 2020-JUNE 2021 — OPERATIONS EXPANSION II
Further expansion in Asia-Pacific and Western Europe.
Users Identified: 300 Million
💸13)MAY 2020 — PRODUCT UPGRADE II
App expanded to support PII Level 3.
Functional for use-cases such as Medical Records.
💸14)JULY 2021-DECEMBER 2022 — OPERATIONS EXPANSION III
Expansion in Asia, Europe, Africa, and the Americas.
Users Identified: 500 Million
💣Twitter:
https://twitter.com/VelixId
💣Facebook:
https://www.facebook.com/VXDID/
💣Telegram:
https://t.me/velixID
💣Medium:
https://medium.com/@velix.ID
bountyhive:
https://bountyhive.io/browse
Bitcointalk:
https://bitcointalk.org/index.php?action=profile;u=1412378