Vega (Vega) Review

The crypto market continues to advance, and the surging prices are once again bringing investors back to the digital currency space. And, as always when the crypto space is seeing the return of would-be investors, the number of new tokens continues to grow.

This is an interesting time in crypto history, when digital coins are recovering from a year-long bearish market that forced the prices to go down by over 80%, and in some cases — more. New coins and tokens were scarce, as there was not a lot of people willing to invest in them. The high number of scams, weak projects, and regulators' crackdown did not help the situation either.

As a result, the popular ICO model became nearly completely extinct and forgotten. In its place, token sale models such as STOs and IEOs emerged, and many saw them as the future of token sales. But, with the market recovery, ICOs returned as well, and many of them are already scheduled and expected to arrive in the future, such as Vega ICO.

About Vega


Vega, also known as the Vega Project, is an effort to create a generalizable system which would enable coordinated action for multiple participants at once, based on the decentralized decisions of each participant. It is a blockchain-abased system that uses this technology to allow individuals to apply swarm intelligence in pursuit of shared objectives.

In other words, the system would use the collective knowledge and wisdom of an entire crowd of participants to make decisions. It is decentralization at its finest, where the group would make a decision that would maximize the benefits to each individual participant.

It can be seen as ultimate, leaderless democracy, where one participant uses the knowledge of the group to solve any issue.

Vega ICO details


When it comes to Vega ICO, there is not a lot of details that are known at this time. All that the project has revealed thus far is that ICO is coming at some point in the future. The coin's ticker will be VEGA, and it is also known that it will act as a utility.

It will also be developed on Ethereum's network, meaning that it will be an ERC-20 token. It is also reasonable to assume that it will be obtainable in exchange for ETH, although it is still not confirmed, nor do we know whether or not this will be the only token that the project will accept.

Finally, the project is based in the United States, and to participate, coin holders will have to go through a KYC procedure. The coin will also have 12 million units, with around 30% of this amount (3.6 million) being available during the presale and the ICO.

Author: Ali Raza for Crypto-Rating.com

Vega
StartMay 1, 2019
EndMay 31, 2019
Expired

Vega might perform differently, of course, and it comes as an interesting solution to a lot of different issues. It is certainly a project to keep an eye on, although current ratings are far from perfect, which shows that not a lot of people have faith in the project as of yet. This does not have to mean much, as nobody believed in Bitcoin 10 years ago, but things change. If Vega ends up being strong enough, it might become great some day, which would make HODLing the best option for those who wish to invest in it.

Dan   May 12, 2019  


The project does sound very interesting, and in theory, it holds a lot of potential. However, it is far from being the only such project out there, and historically, similar projects did not fare too well, as none of them went particularly big.

Cleo   April 29, 2019  


Add/Read Reviews

ICOs that might interest you

We list the most relevant upcoming crypto market ICOs from the industry leaders


Karvuon
Karvuon

While there are fewer and fewer people who raise doubts about the future role of blockchain as a fundamental component of international economic and financial relationships, data management...

6 days left

Crypcore
Crypcore

There are many reasons why people use crypto. While some people see it as an investment tool, others hold it as an asset. Others also use it for trading and commerce.

7 days left

PlanChain
PlanChain

The growth of Internet access and increased globalization in today’s world has made Intellectual property protection very significant. It’s important to have laws that offer protection over IP rights.

8 days left

ALTO
ALTO

The business model where users and game players are allowed to play free of charge is a very challenging one. Players and participants will consume content at no cost.

8 days left