Volentix – ICO Detailed Information

Industry: finance

Description

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.

About Volentix

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.

Volentix token sale details

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

Features

Benefits:

• VENUE is a dynamic community platform that recruits and aligns members of the VOLENTIX community to support the distribution of the native VOLENTIX digital asset known as VTX.
• VERTO is being built as a multi-currency wallet to facilitate personal custody and local management of private and public keys for use in peer-to-peer transactions, with the goal of eliminating risks of devastating losses of stake associated with traumatic failures of central operators.
• VESPUCCI is in development as an analytics engine accessible via a user-friendly interface with treasure troves of real-time and historical market data, including digital assets ratings and sentiment analyses.
• VDEX is envisioned as a distributed, decentralized digital assets exchange with emphasis on user experience, security, speed, authentication, ease of use, scalability, multi-asset support, and community development and governance implemented by a decentralized autonomous organization (DAO) constructed on custom-built applications using EOS.IO smart contracts and related technology.

Founded: 2018, Georgia

Social networks

• Twitter
• Facebook
• Youtube

Conversion Block

• Token VTX
• Bounty Available
• MVP/Prototype Available
• Platform EOS
• Accepting BTC, BCH, EOS, ETH
• Hard cap 48500000 USD
• Country Georgia
• Whitelist/KYC KYC & Whitelist
• Restricted areas USA, China

More on ICO

Technical details

• Token VTX 
• Platform EOS
• Type EOS
• Price in ICO 0.0000 USD
• Average price 0.00 USD
• ROI nan% Tokens for sale 1,619,000,000
• Accepting BTC, BCH, EOS, ETH
• Distributed in ICO 78%
• Hard cap 48500000 USD

Milestones

• February 2014 MtGox Hacked.
• November 2015 Cryptsy Disappears.
• Q2 2016 A Storm is brewing.
• Q3 2016 Pythagoras Systems.
• Q4 2016 Serious talks begin.
• Q2 2017 Founders agree on the need for an R&D partner in Canada.
• Q3 2017 Startegic partnerships are formed in London, UK and Istanbul, Turkey.
• Q4 2017 Decentralized from inception.
• Q1 2018 Volentix Labs is growing.
• Q2 2018 And so it begins.
• Q3 2018 Present day.
• Q4 2018 Everything Changes.
• Q1 2019 Ready for market.
• Q2 2019 Vespucci Beta.
• Q3 2019 VCard white paper.
• Q4 2019 VDEX.IO Launch.

Team

• Sylvain Cormier Blockchain R&D and Lead Developer
• Rhys Parry Operations
• Yiannis Emiris CTO AND CS
• Dimitra Panou R&D and Engineering
• Shawn Lauzon Engineering
• Alexis Anastasiou CEO
• Manolis Christoforou R&D and ML
• Konstantinos Pylarinos Investment and Trading
• Nemr Hallak R&D and Trading
• Marwan Ayoub Strategy and R&D
• Mojgan Ahmadi Creative Marketing
• Marylou C HR and Finance
• Matthew Isganaitis Strategy and Marketing
• Ksenia Popova R&D and Engineering
• Panos Sakkos Founder of Blocktopus
• Ioanna Fotopoulou Media
• Chrysanthi Saliagkopoulou Marketing & Operations