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VenusEnergy – ICO Detailed Information


ICO VenusEnergy
VenusEnergy 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 June 1, 2019
End August 31, 2019
Rating 3.9
Status
KYC Yes
Founded
Categories Energy
Whitepaper No
Discussion

VenusEnergy Overview

ICO description, Technical Details and Documents

While the cryptocurrency space still has its flaws in multiple areas, one of the most complex issues remains the mining process. More specifically, the amount of energy used to make the mining possible. Bitcoin mining is undoubtedly the largest spender out there, and electricity necessary to mine the largest coin goes up to some quite incredible amounts.

Many point out that this also leads to adding to environmental pollution, instead of helping reduce it, which is yet another major problem. Luckily, in this day and age, switching to clean energy appears to be taking more and more attention, particularly in some European countries. With that in mind, it is not surprising that there are several projects in the crypto industry that aim to address the issue, and potentially come up with a solution. VenusEnergy is one such project which is holding its ICO right now.

About VenusEnergy


VenusEnergy is a project that aims to offer an alternative way of approaching the mining of cryptocurrencies. As mentioned, the mining process uses quite a lot of electricity, which leads to large-scale environmental pollution. VenusEnergy's idea is to start using electricity generated from renewable sources. That would solve both problems — crypto mining's need for large quantities of energy, as well as the pollution that comes as a consequence of creating enough energy.

The idea would support the 'Green World' initiative, and also help create a well-built financial model. Further, the migration towards renewable energy sources in the crypto/blockchain sector might even end up leading to the same result in other areas.

This is one of the reasons why VenusEnergy has received quite a lot of support from the crypto community and why the project has a great chance of succeeding.

VenusEnergy ICO details


As mentioned, VenusEnergy's token sale has already started, beginning on June 1st, and with plans to end on August 31st. However, this is not really an ICO, but an IEO that is being launched on Exmarkets Launchpad. This provides the project with support from a trusted backer, as well as greater exposure to potential investors.

The token itself, VENUS, is a utility designed on Ethereum's network, which makes it yet another ERC-20 token. It has an available MVP and bounty, and its current price is 0.00225 EUR per VENUS. However, the token can only be purchased in exchange for ETH, and fiat currencies are not being accepted.

The project has set a soft cap of 14,799,160 EUR, and a hard cap of 30,101,460 EUR. It is based in Estonia, and anyone can join in, apart from two areas — US and China. Everyone else can participate after going through a KYC procedure.

Author: Ali Raza for Crypto-Rating.com

VenusEnergy Milestones

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

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Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 74.4% 48 $49 653.41 -1.04% -11.92% $938 231 285 210 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 77.2% 39 $4 371.46 1.74% -2.81% $518 726 908 591 ETH 7 days price change
3 Binance Coin (BNB) BNB Binance Coin predictions 78.4% 35 $602.61 6.15% -1.70% $100 516 630 091 BNB 7 days price change
4 Tether (USDT) USDT Tether predictions 93.6% 1 $1.001029 0.01% 0.07% $76 404 874 493 USDT 7 days price change
5 Solana (SOL) SOL Solana predictions 70% 61 $189.68 1.51% -15.46% $58 298 771 519 SOL 7 days price change
6 Cardano (ADA) ADA Cardano predictions 65.2% 77 $1.37 1.42% -10.77% $45 766 334 793 ADA 7 days price change
7 USD Coin (USDC) USDC USD Coin predictions 92.4% 2 $1.001815 0.22% 0.32% $41 115 117 851 USDC 7 days price change
8 XRP (XRP) XRP XRP predictions 68.8% 65 $0.847842 5.03% -12.53% $40 058 264 442 XRP 7 days price change
9 Terra (LUNA) LUNA Terra predictions 64% 75 $75.43 12.62% 19.06% $28 728 578 546 LUNA 7 days price change
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13 SHIBA INU (SHIB) SHIB SHIBA INU predictions 62.4% 79 $0.000036 0.19% -13.18% $20 008 775 732 SHIB 7 days price change
14 Polygon (MATIC) MATIC Polygon predictions 63.2% 70 $2.34 4.62% 13.05% $16 582 834 795 MATIC 7 days price change
15 Crypto.com Chain (CRO) CRO Crypto.com Chain predictions 65.2% 78 $0.607936 -0.59% -14.02% $15 358 289 057 CRO 7 days price change

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