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Valorem foundation

Financial Services

Overview

Valorem foundation is a decentralised P2P (peer-to-peer) platform for multi-party transactions across multiple industries.

Features

Valorem is a decentralized platform based on blockchain technology and smart contracts which allows users to participate in a global marketplace that can support the ability for buying, selling, investing, or exchange of ERC-20 tokens called VLR. All transactions will be verified and stored on the blockchain via the Zero Coin Protocol.

Valorem developed a platform to be used by people all over the world by providing them with the following services: student/car loans, microloans, business investment, P2P networks, buying/selling of goods and services, crowdfunding, charity. Valorem will enable their users to use their cryptocurrency for any kind of transaction or action they could do if they were using fiat money.

Technically the main purpose of Valorem foundation is to change or replace any of the existing centralized networks and services and move them to a decentralized ecosystem. Valorem uses a reserve banking algo to funnel investments and money to specific high ranking profiles. ‍

Valorem team plans to create an ecosystem where users, vendors, product and service providers of all kinds will be able to unite and everyone will receive their benefits. In turn, Valorem platform will receive a small amount of commissions from each transaction. These fees will feed the future development of this ecosystem.

Crowdsale

Token Sale
ICO start date 10 Nov 2017
ICO end date 28 Jun 2018
ICO token supply 150,000,000
Soft cap 25,000,000 USD (fiat)
Hard cap size 52,500,000 USD (fiat)
Raised 19,112,735 USD
Legal
ICO Platform 3
Token details
Ticker VLR
Type Utility-token
Additional Token Emission No
Accepted Currencies

ETH

BTC

Bonus Program

Week 1-2    50%
Week 3-4    20%
Week 5-6    15%
Week 7-8    10%
Week 9-10    5%

Token distribution

75% - Tokens available to public after launch

25% - Tokens held in reserve

Funds allocation

30% - Dev/Eng/Design
10% - Admin
15% - Marketing & Advertising
25% - Sales and Biz Dev
10% - Contractors
10% - Contingency

Ratings

Type of scores
Score
Status
Hype score Medium Active
Risk score Medium Active

Team members

Name
Position
Score
Social
Head of Platform Development
NA
CEO & FOUNDER
NA
Co-Chair of the firm’s Venture Capital & Emerging Growth Companies practice
NA
Lead Developer of Valorem Platform
NA
10 yrs in IT and Specialized Network Infrastructure, Security, and Server Development
NA
7 yrs in Digital & Online Marketing Strategy, Advertising and Social Media Development
NA
16 years in Business Development, Strategy, E-Commerce, Logistics
NA
Head of Wed & Design Development
NA
2 yrs in Pharmacy Operations and Pharmacy Technician
NA
7 years in Commercial & Residential Lending & Real Estate Development
NA
10 years in Auto, Home, Business, Casualty, Liability & Life Insurance
NA
20+ yrs in Wealth Mgmt, UI/UX creation, Algo, AML, KYC, R & C
NA

Funding Rounds

Development

Pre-Launch
Launch
Custom blockchain
Testnet
Mainnet
Oct 2017 NA NA NA NA

Rating Review and Analytics

Investment rating Info NA
Hype score Info Medium
Risk score Info Medium
Valorem foundation ICO Contacts
Website

Ended

$19,112,735 Of $52,500,000 (36%)

Start ICO 10 Nov 2017
End ICO 28 Jun 2018
Token VLR
Price 1 VLR = 0.029682 USD
Product Type Platform
MVP No product
Whitepaper View
Valorem foundation rating widget
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