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Vernam

Insurance

Overview

Vernam is a comission-free insurance platform on blockchain.

Features

Clients, purchasing conventional insurance through the Vernam platform will receive a cashback reward, equal to a typical broker’s commission (up to 30% of the premium price) in VRN tokens.

Every client will be able to sign the Vernam’s “CryptoSafe” smart contract, free of commission, guaranteeing that when a defined set of events occur, the client will be compensated.

To take full advantage of the platform Vernam will introduce the Vernam token (VRN), an Ethereum-based ERC20 standard non-minable utility token that can be obtained via the crowdsale.

The use of a shared ledger will prevent any possibility for data manipulation, increasing transparency on the Vernam platform.

Vernam utilizes blockchain technology to develop a competitive online marketplace for conventional insurance products by the biggest insurance companies.

Depending on the amount of funds received, Vernam may either focus on the European market, or expand beyond Europe and develop additional features and products.

Crowdsale

Pre-sale
Pre-sale start date 15 May 2018
Pre-sale end date 03 Jun 2018
Token Sale
ICO start date 04 Jun 2018
ICO end date 15 Jul 2018
ICO token supply 500,000,000
Hard cap size 50,000,000 USD (fiat)
Raised 2,500,000 USD
Legal
ICO Platform 3
Token details
Ticker VRN
Type Utility-token
Additional Token Emission No
Accepted Currencies

ETH

BTC

USD

Bonus Program

Token Price:

  • 15.05 06:00 AM UTC - 09:00 AM UTC - $0.051
  • 15.05 09:00 AM UTC - 23.05 09:00 AM UTC - $0.068
  • 23.05 09:00 AM UTC - 04.06 09:00 AM UTC - $0.072
  • 04.06 09:00 AM UTC - 15.07 - $0.076 (>ETH 10)
Token distribution
  • 50% - Token Sale
  • 5% - Liquidity Pool
  • 20% - CryptoSafe Insurance Fund
  • 15% - Founders and Team
  • 7% - Advisors and Ambassadors
  • 3% - Bounty & Airdrop
Funds allocation
  • 30% - Marketing
  • 25% - Platform Development
  • 20% - Community Growth
  • 25% - Legal and Admin

Ratings

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

Team members

Name
Position
Score
Social
Blockchain & Crypto Expert and Developer
NA
General Legal Counsel
NA
Blockchain developer
NA
Strategic Planning
NA
Business Developer
NA
CTO
NA
Co-Founder
NA
Co-Founder
NA
Blockchain developer
NA
Marketing Director
NA
CEO, Co-Founder
NA
Blockchain & Crypto Expert and Developer
NA
Financial Expert
NA
Insurance Director
NA
Marketing Expert
NA
Business Developer
NA
Blockchain & Crypto Expert and Developer
NA
CEO of MM Broker
NA

Advisors

Name
Position
Score
Social
Marketing Advisor
3.9
Advisor
1
Advisor
1
Marketing Advisor
NA
Advisor
NA
Advisor
NA
Cybersecurity Expert
NA
Advisor
NA

Funding Rounds

Rating Review and Analytics

Investment rating Info NA
Hype score Info High
Risk score Info Medium
Vernam ICO Contacts
Website

Ended

$2,500,000 Of $50,000,000 (5%)

Start ICO 04 Jun 2018
End ICO 15 Jul 2018
Token VRN
Price 1 VRN = 0.085 USD
Minimum investment 1000 USD
Product Type Platform
MVP Only design
Whitepaper View
Vernam rating widget
Rating Get this widget
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