 | Everex (EVX)ICO Everex offers stablecoin powered payment solutions, digital national currencies, money transfers and customer friendly ways to manage digital assets. Secured by the Ethereum blockchain, and in partnerships with local banks, Everex lets you send, receive and safely keep stablecoins and digital assets in a secured digital wallet. IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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OpenWhat is Everex
Everex is a Singapore registered financial technology company, with head office in Bangkok, Thailand, that provides Ethereum blockchain-powered solutions for cross-border money transfers, direct payments and fiat to digital asset swaps using stablecoins. Although there are different types of stablecoins, we are only focusing on fiat pegged digital currencies that represent units of national currencies, such as USD or EUR that are powered by smart contract and exist in Ethereum blockchain token format. Everex was a second company in the world after Tether (USDT) to introduce a second fiat pegged stable coin THBEX in 2016, representing Thai Baht.
Using stablecoins in financial services allows to achieve much faster settlement times, usually in a few seconds, with very low transaction cost regardless of the transferred amounts. We implement Ethereum blockchain technology as a new rails for faster and cheaper money transfers to challenge existing legacy payment systems and also to address growing global financial inclusion problem.
Everex also offers expertise and services in developing smart contracts for fiat pegged stablecoins to support digital currency initiatives of commercial and central banks. Unlike traditional tokens used for ICOs, stablecoin smart contracts must adhere to a very difficult levels of governance and internal administration. Our own developed Thai Baht digital fiat currency token caters to individuals and SMEs in the South Asian region who send money and payments to neighboring countries.
With Everex, users will not only be able to save on exchange and withdrawal fees but also gain access to digital asset markets through the Everex platform. This will open up a whole new level of opportunities in the application of digital assets made available for payment and investment.
Our Achievements:
- Approval from the US regulator to conduct cross-border transfers with cryptocurrencies.
- Approval from the US regulator to conduct fiat-crypto exchange.
- Approval from Central Bank of Thailand to conduct cross-border remittance services between Thailand and Myanmar.
- Partnership with as Shwe (Rural and Urban Development) Bank, Myanmar.
311 West 43d street New York, NY - +1-518-945-8911 8 Burn Road #15-13 Trivex 369977 Singapore - +65-944-81222 Lake Rajada Office Complex, 10 fl, Bangkok, Thailand 10110 - +66-2-126-7814
DetailsToken supply: 25,000,000 EVXLegalBlockchain Platform: EthereumOffice address: Lake Rajada Office Complex, 10 fl, Bangkok, Thailand 10110 | Token infoTicker: EVXToken standard: ERC20 |
Everex Roadmap
VALIDATION AND PILOT
Scope: 100 migrant workers, 850,000 Crypto THB Successful transfers confirmed between Thailand and Myanmar (eqv. $24,000)
STRATEGY AND PLANNING
Legal structure and frameworkStrategic PartnershipsMarketing and PREstablish EVX community Advisory Board SelectionToken Sale Platform development and testingDevelopment of EVX token
OPEN FOR BUSINESS
Regulatory Framework Compliance Execution Plan
License Application for lending and currency exchange
Establish Partnerships with banks and Liquidity Providers.
Token Sale Event, listing EVX on exchanges
Talent Recruitment for Key positions
Product Portfolio Roadmap Execution Plan Official Launch of Myanmar, Russia and Thailand Markets
EVX community development
PRODUCT/MARKETS GRID
Launch of Remittance and Microlending in 3 Asian markets
New product features validation and integration
Commercialization Campaign of Cryptocash Business growth opportunities in Middle East and Europe
Sales and Marketing Campaign Strategy
Regulatory Framework Compliance
Secure Technical Partnerships
First quarterly EVX token buy back
PRODUCT/MARKETS EXPANSION GRID
Launch New Markets Middle East
Market-Specific Sales and Marketing Campaigns
Business growth opportunities in mature markets: Europe/US
Business growth opportunities in emerging markets: China, India, SA
Strengthened Regulatory Framework Compliance
Establish hardware partnerships
Establish easy cash in/out network in selected markets
B2B Expansion Strategy
Quarterly token buyback
BUSINESS GROWTH
Launch of key mature and emerging markets
Strengthened EVX Community
Product Portfolio Expansion
- CrowdLending
- CrowdInsurance
- Cryptocash Crowdfunding
- Blockchain B2B consulting
Quarterly token buyback
Project team
Social media
MVP
