THE VERTEX MARKET : A PLATFORM OF TRUSTWORTHY ICOs FOR INVESTMENT OPPORTUNITY

resuscitate (59)in #contest • 6 years ago

This is my entry for the sponsored writing contest organized by @monajam. You can find the contest here

INTRODUCTION

The crypto space is experiencing rapid growth and more crypto projects are springing up on a daily basis. The number of ICOs being launched daily is leaving the crypto investors confuse on which of the new ICOs is worth investing in. Most of the new ICOs seem to have a detailed whitepaper, but every experienced investor in the crypto market understands that it takes more than the information on a whitepaper for an ICO to be successful and give investors good returns on their investment.

The crypto investor needs to determine the ICOs that solve real problems, have trustworthy and credible teams that will be willing to commit to the project before investing in such ICO. But all these information cannot be found in a whitepaper and most crypto investors might have a very limited time to do their research on such ICOs before the token sale will be over. This is why a group of investment experts have come together to investigate ICOs coming into the crypto market and approve only the ones with high profit potentials for the crypto investors to invest in.

It is on record that over half of the ICOs launched last year had already failed and the crypto investors are the ones incurring the losses in the event of such failures. Should this trend continues, investors will get scared of putting their money in ICOs and genuine ICOs that solves real problems will not be able to generate funds for such prohects. These are some of the motivating factors why these group of investment experts have come together to reduce the risk crypto investors will encounter in the crypto market by ensuring that the crypto investors invest in only trustworthy ICOs that solves real problems. This body of investment expert is known as the vertex market.

WHAT IS THE VERTEX MARKET?

Vertex market comprises a group of investment experts with years of experience in the crypto market that comes together to evaluate new ICOs coming into the crypto space in order to give crypto investors guidance on the ICOs that are worth investing in. Once the vertex team has evaluated an ICO and discover that it solves real life problems, has a credible and committed team and a high success potential, they will purchase such ICO at a discounted price during the private and public sale and have it listed on the vertex decentralized aftermarket platform for its users to invest in after the public sale of such ICO is over.

VISION OF VERTEX MARKET

The vertex market understands that the risk in ICOs investment is very high thus it aims to ensure that the crypto investors only participate in purchase of genuine ICOs with great profit potential and sustainability. Only genuine ICOs with future usability and profitability will be listed in the vertex aftermarket platform for investors to make investment decision on.

VERTEX MISSION

Vertex seeks to bring every investor in contact with good ICOs and also give good ICOs the opportunity to attract investors and raise funds for such project. This will help limit the number of scam projects coming into the crypto market and also ensure that everyone has the opportunity to participate in genuine ICOs.

HOW THE VERTEX PLATFORM WORKS.

Tokens that have been vetted and approved by the vertex team of experts will be listed on the vertex aftermarket platform for the users that have registered on the platform to make investment decisions on. Information about the tokens will be listed on the platform alongside the token. This information will assist the users of the vertex system to make an informed decision on the ICO. The vertex platform will be powered by the vertex token. Investors that registered in the vertex system will be required to purchase the vertex token because this is the token they will be using in purchasing any ICO of their choice that is listed on the vertex platform.

Investors will only be allowed to purchase ICOs on the vertex platform after the public sale is over. Vertex will purchase vetted ICOs during the ICO's private and public sale at discounted price and give its users the opportunity to purchase such ICO with the vertex token on its platform after the public sale for such ICO is over.

The vertex tokens (VTEX) are ERC-20 tokens listed on the ethereum blockchain. This token has a total supply of 300 mllion of which 60% of it will be available for public sale.

WHO WILL BENEFIT FROM THE VERTEX MARKET?

The vertex market hold immense benefits for both the crypto investors, the vetted ICOs and the crypto market.

BENEFITS TO THE CRYPTO INVESTORS

With the vertex market, crypto investors are assured of participating only on genuine ICOs with huge profit potential.
Crypto investors will be presented with a wider choice of profitable crypto projects all on one platform.
Crypto investors can participate in several ICOs without going through the stress of multiple registration and confiirmation processes before they can participate in ICOs of their choice.
Crypto investors will be offered the opportunity to purchase ICOs even after the public sales are over at reasonable prices. Etc.

BENEFITS TO THE ICOs

Genuine ICOs will be able to attract investors to raise funds for such ICOs.
ICOs will be given free exposure and advertisement on the vertex platform.
ICO teams can also have free access to the vertex team of experts for consultation and guidance when needed. Etc.

BENEFITS TO THE CRYPTO MARKET

There will be reduction in the number of scam projects being introduced in the crypto space
Investors trust in the crypto market will be increased and more investors will be encouraged to come into the industry.
It will contribute in fostering the growth of the crypto industry by encouraging more users with trustworthy ideas and investors to take interest in the industry.
It will reduce investment losses in the industry and guarantee the investors return on their investment. Etc.

HOW TO BECOME PART OF THE VERTEX MARKET

Interested users will have to log in and create an account passing through a KYC procedure. Once the account is opened and the KYC procedure is approved, the user can be able to browse the vertex market and see information on available token sales. All the information the user will need to make informed decision on available tokens will be on the platform including ratings and comments of other users. Once the user decides on a particular token, he can click the "buy button " on the platform and exchange his vertex tokens for the chosen ICO.

VERTEX TOKEN SALE

ROAD MAP

CONCLUSION

The vertex market is an awesome project as it will help reduce the number of fraudulent ICOs infiltrating the crypto space and causing distrust in the sector. It will also ensure that laudable crypto projects get the support that they deserve and ensure that investors have access to the most laudable crypto projects available in the industry all in one platform.This project is a welcome development to the crypto industry as it will help propel and sustain the growth already being experienced in the industry.