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Vectorium Plus – ICO Detailed Information


ICO Vectorium Plus
Vectorium Plus Since they originally appeared almost 11 years ago, cryptocurrencies have been promising a change that would make the world a better place for everyone. They offer a number of benefits over traditional finances, including lower transaction fees, decentralization, as well as the ability to reach everyone, whether or not they have access to the bank.
Start September 1, 2019
End October 31, 2019
Rating 3.5
Status
KYC Yes
Founded 2019
Categories Mining
Platform Separate blockchain
Token VCTP
Soft cap $750 000
Hard cap $300 000 000
Minimum investment 1 VCTP
Tokens for sale 330000000
Accepting ETH, BTC, LTC, FIAT, BCH, WAVES, XRP, ETC, USDT
Whitepaper Yes
Discussion
Countries Estonia
Social

Vectorium Plus Overview

ICO description, Technical Details and Documents

Vectorium: Waste Processing for Mining Purposes


Environmental security remains a great source of concern for governments, activists, and some members of the global crypto mining community. One of such members is Vectorium, an eco-conscious blockchain project registered in Tallinn, Estonia. They have formulated an interesting concept called Waste-to-Coin, which provides for mining the project’s coin named Vectorium Flash from the industrial, municipal, and other forms of wastes, at the special locations dubbed the Vectorium Islands. The project offers another currency unit - Vectorium Plus (VCPT), which is a convertible coin that with time will become a basis for receiving dividends from revenue obtained from the successful functioning of the ecosystem of Vectorium Islands.     

Converting waste to crypto


The essence of the Waste-to-Coin (WtC) process lies in establishing a worldwide network of secluded locations equipped specifically for producing green energy from various sources, but with a special focus on waste treatment.

The project will be focused on the collection and subsequent processing of municipal solid wastes, which would simultaneously resolve the problem of overfilled dumpsites and the uncontrolled emission of a toxic landfill gas.

Along with that, Vectorium Islands, also named Vectorium Consortiums, will accept further sources of energy, such as agricultural residues, animal, wood processing, and industrial wastes. All these materials will be carefully processed, sublimated, and then converted to either electricity, gas, or fuel for internal combustion engines. Evidently, the produced electricity will be used mainly for the purposes of Vectorium Flash mining.

As of now, the Islands exist only in the form of 3D models, though the project states in its roadmap that they have definitive plans for launching the first such Consortium this August. The next four Islands will be delivered by September 2020. Vectorium already began accepting applications from interested parties with regard to possible locations of other Islands.       


The team

Pre-sale details


As already mentioned, Vectorium is conducting the pre-sale of VCPT that will end on June 30. After that, the project will initiate several more stages of ICO, which are due to end on October 31. Vectorium has already gathered more than $600 thousand in contribution, which is almost half of the softcap. The hardcap is $300 million. The pre-sale price of VCPT is $0.7 per token. The project accepts BTC, ETH, LTC, BCH, WAVES, XRP, ETC, and USDT. There are no restrictions being imposed with regard to participation in the token sale.

Author: Alex Paulson for Crypto-Rating.com

Vectorium Plus Milestones

* Crypto Rating accepts no liability for any errors in the Vectorium Plus ICO information and Rating. For the most up-to-date information please visit the ICO's official website.

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1 Bitcoin (BTC) BTC Bitcoin predictions 73.2% 55 $42 798.37 -0.61% 1.96% $810 244 910 076 BTC 7 days price change
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