VERTEX Contest

in #crypto6 years ago (edited)

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

Hello friends I hope you are very well, the boom that generated the high prices of the cryptomonedas last year, caused a huge amount ICO, the vast majority of the ICO of late 2017 due to the price boom almost all were beneficial for investors and not because they were good projects, only that the money circulated abundantly and with a moderately decent project the token went up in price, the investors did not look for a good project, they only looked for to verify economic tokens to sell them in a short time more expensive, the year 2018 brought Another story, the price of cryptos began to fall sharply and that meant that many ICOs began to cheat their investors, this is a product that, according to its creators, the tokens would have a value in going out to the market much higher than the price of the ICO, simulate a good project for investors to buy the monda and when the date comes to go to the public it turns out that everything is a lie There is no project and all the funds disappear.

Thinking about how to solve or prevent these scams was created VERTEX, although currently the markets are in red, the cryptography is still a latent and profitable business, VERTEX offers benefits to both us investors and the creators of the projects, when the projects are serious founders want investors to arrive, and investors want to put their money in serious projects with a future, VERTEX provides us with the following benefits:

• Buyers: all investors want to protect their money, but often we do not have the time or the knowledge to differentiate the real projects from the scams, VERTEX has a great team dedicated to the verification and study of the ICO that will be accepted on the platform , apart from being part of VERTEX as a user, we will have special prices for the ICOs approved by them.
• Projects (ICO): when the projects are approved to enter the VERTEX platform they will be benefited since all the users will feel confident to invest in them, so they will have a faster capitalization.

The VERTEX platform will provide us with the following features

  • OTC platform.
  • Decentralized.
  • News and rankings for investors.
  • Last offer.
  • Historical performance in previous projects that supported.

Here I leave the roadmap

VERTEX token --- (VTEX)

These touches are ERC-20 from the blockchain of Ethereum and they will offer their own wallet, this touch wax the base of the ecosystem of the platform, since all the investment transactions in the different ICO, will be made by means of this token, the tokens can be purchased with BTC and ETH, they can participate in the initial sale of the token with a minimum amount of $ 50.

The distribution of the token will be as follows

As VERTEX will examine the ICOs that will be approved in its platform

The VERTEX team will follow a 6-step process to study whether or not an ICO enters the platform:
• They will gather all project data, main and secondary objectives and all economic information of the project
• The research team will take all the information and categorize the ICO according to the information received, from the weakest to the strongest.
• Focus on the business plan and its collaborators, also on the quality of the project team, with this step about 75% of the projects will be discarded.
• We will proceed to do the same process but in a more detailed way and again we will discard more or less 75% of the projects
• The penultimate step is to coordinate a face-to-face meeting with the creators of the ICO, being more involved with the project you can truly understand the real plans of the work team, this step will remember another 50% of the remaining projects
• The last step is to present the investment project to the ICOs accepted, one of the conditions includes discounts on the purchase of tokens for users of the platform and the requirement that part of the ICO payment be in the VERTEX token

With the following video you can learn a little more about the project

You can also contract with them through social networks
Vertex Market Website

Vertex Market Twitter

Vertex Market Facebook

All the information to make this post was subtracted from the main page https://vertex.market/ of the project and its whitepaper




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