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Vernam (VRN)

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
ICO
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
ICO
Social
CEO, Co-Founder Member of this ICO only
Co-Founder Member of this ICO only
Co-Founder Member of this ICO only
CTO Member of this ICO only
Insurance Director Member of this ICO only
Business Developer Member of this ICO only
Financial Expert Member of this ICO only
General Legal Counsel Member of 2 ICOs
Business Developer Member of this ICO only
Strategic Planning Member of this ICO only
Marketing Expert Member of this ICO only
Marketing Director Member of this ICO only
Blockchain & Crypto Expert and Developer Member of this ICO only
Blockchain developer Member of this ICO only
Blockchain & Crypto Expert and Developer Member of this ICO only
Blockchain & Crypto Expert and Developer Member of 2 ICOs
CEO of MM Broker Member of this ICO only
Blockchain developer Member of this ICO only

Advisors

Name
Position
ICO
Social
Advisor Member of this ICO only
Advisor Member of this ICO only
Cybersecurity Expert Member of this ICO only
Advisor Member of 3 ICOs
Advisor Member of 21 ICOs
Advisor Member of 28 ICOs
Marketing Advisor Member of 14 ICOs
Marketing Advisor Member of 2 ICOs

Funding Rounds

Rating Review and Analytics

Investment rating Info NA
Hype score Info High
Risk score Info Medium

Ended

$2,500,000 Of $50000000 (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 (VRN) widget

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