|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||November 5, 2018|
|End||February 1, 2019|
ICO description, Technical Details and Documents
The year-long crypto winter has finally ended, and with its end, digital currencies are once again thriving, or at least, they are on their way to reaching a very prosperous period. Even the ICO model, which was considered to be extinct by many, is still around. Further, some of the tokens believed to have large potential are currently on sale.
One such token is VTX, which is offered currently by Volentix. The ICO is not going to last for much longer, so if you may be interested in investing in this digital currency, now might be the perfect time to consider it.
Volentix is a project that is creating a decentralized digital assets exchange, which would be connected with a highly secured multi-currency, cross-blockchain, P2P wallet. It also features a very user-friendly market-ratings analytical interface, and an incentive-based recruitment program.
The project's wallet, known as VERTO, is being built with the purpose of holding various different cryptocurrencies. It aims to eliminate the risks of experiencing losses and major traumatic failures of central operators.
Then, there is VDEX, the project's own decentralized exchange, with focus on security, ease of use, authentication, user experience, multi-asset support, and scalability. It is constructed within the EOS ecosystem, just like VTX itself.
Volentix also created a community platform called VENUE, which recruits and aligns members of the community. Finally, there is VESPUCCI, which is currently in development also, but once it is finished, it will act as an analytics engine with a user-friendly interface and a high amount of real-time, as well as historical market data.
As mentioned, Volentix is currently holding a token sale, which started on February 28th of this year, after a pre-ICO sale which lasted from November 5th, 2018, to the start of the ICO itself. The ICO is expected to end on May 30th, which leaves investors with a bit over 13 days to purchase VTX.
As for VTX itself, it is designed to act as a utility token, which currently has the price of $0.33 per coin. It is Georgia-based and developed on EOS blockchain. It can currently be obtained in exchange for several cryptocurrencies, including, of course, EOS itself, but also Bitcoin (BTC), Bitcoin Cash (BCH), and Ethereum (ETH).
However, it should be noted that investors located in China and the United States cannot participate in this ICO. These areas are restricted, but everyone located in other countries can start investing at any time.
Other details regarding the ICO include KYC, Whitelist, an existing bonus, and an available prototype. The project has also set up a soft cap of $3 million, and a hard cap of $48 million. Meanwhile, the number of tokens for sale is 364 million VTX. According to recent information, the ICO managed to raise around $15.5 million, although there is still nearly two weeks left for interested investors to join in.
Another detail worthy of mentioning is that the coin's pre-ICO price was only $0.17, while the current one, as mentioned, sits at $0.33. In other words, the price doubled, which is a good sign for the project, and it may serve as an encouragement for aspiring investors. As always, you should study the project thoroughly before investing, and there is still plenty of time to do so.
Author: Ali Raza for Crypto-Rating.com
Founded: 2018, Georgia
* Crypto Rating accepts no liability for any errors in the Volentix ICO information and Rating. For the most up-to-date information please visit the ICO's official website.
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