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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 59.6% 88 $16 214.11 -2.13% 1.16% $311 614 263 633 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 62.4% 86 $1 173.09 -3.68% 4.41% $143 555 103 439 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 95.6% 1 $0.999652 0.01% 0.09% $65 339 950 174 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 65.2% 66 $295.36 -5.89% 14.59% $47 249 279 709 BNB 7 days price change
5 USD Coin (USDC) USDC USD Coin predictions 94.4% 1 $1.000133 0% 0% $44 306 782 850 USDC 7 days price change
6 Binance USD (BUSD) BUSD Binance USD predictions 92% 1 $1.000432 0.05% -0.07% $22 411 208 216 BUSD 7 days price change
7 XRP (XRP) XRP XRP predictions 66.4% 75 $0.383127 -4.51% 8.98% $19 270 803 660 XRP 7 days price change
8 Dogecoin (DOGE) DOGE Dogecoin predictions 56% 88 $0.095272 -2.20% 25.28% $12 639 864 763 DOGE 7 days price change
9 Cardano (ADA) ADA Cardano predictions 59.2% 81 $0.306279 -3.57% 0.59% $10 546 382 458 ADA 7 days price change
10 Lido stETH (STETH) STETH Lido stETH predictions 94.4% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
11 Polygon (MATIC) MATIC Polygon predictions 68.8% 68 $0.822110 -4.08% 2.56% $7 180 572 486 MATIC 7 days price change
12 Polkadot (DOT) DOT Polkadot predictions 63.6% 72 $5.17 -4.71% -0.87% $5 890 126 421 DOT 7 days price change
13 Dai (DAI) DAI Dai predictions 95.2% 1 $1.000012 0.01% -0.02% $5 658 040 659 DAI 7 days price change
14 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 64% 79 $0.052681 -0.98% 5.20% $5 356 385 320 WTRX 7 days price change
15 Litecoin (LTC) LTC Litecoin predictions 66% 70 $71.96 -6.30% 18.17% $5 160 456 948 LTC 7 days price change

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