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Valorem foundation (VLR)

ICO

Valorem allows users to transact with each other on a decentralized, blockchain-powered platform. Users transact with each other via smart contracts paid for with an ERC20-compliant token called VLR. Valorem allows the platform’s users to participate in a global marketplace supports the buying, selling, investing, or exchange of VLR tokens. All transactions will be verified and stored on the blockchain via the Zero Coin Protocol. Our vision is that Valorem will manage all future transactions that a user would require in their daily life, such as microloans, insurance, investments, and more..

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Overview

Project industryFinance Services & Banking
Product typePlatform
FoundedUnited States
WhitepaperValorem foundation White Paper Open

What is Valorem foundation

The perseverance of cryptocurrency into the mainstream yields enormous opportunities for those who seek them and are result oriented in adding value. Valorem platform aims to separate the “get rich quick” crowd and focuses solely on building and adding value across the platform. We aim to put the right tools in the right people’s hands and allow them to generate ideas, fund them and execute on their dreams in order to improve their communities. We are a dreamer’s platform and will cater to them, because dreamers change the world – in time.

Cryptocurrencies such as Bitcoin, Ethereum and many others are going mainstream, and the public will soon be evaluating them as either a fad or something that’s here to stay. Valorem is the latter.

Valorem Foundation’s goal is simple. Develop and grow our platform to encompass as many unique industries as possible, catering to as many services as possible via the VLR coin and the blockchain ledger. Never losing sight of our objective – long term adoption of VLR coin in the mainstream. Whether it’s the corner coffee shop that decides to accept the VLR token or it’s one of the large organizations that chose to adopt it. All will be equally given a chance to participate and add value for the long term benefit of Valorem community.

Details

Public sales: Dec 15, 2017 - Jun 27, 2018
Token supply: 200,000,000 VLR
Total tokens for sale: 150,000,000 VLR
Soft cap: 25,000,000 USD
Hard cap: 52,500,000 USD
Raised: 19,112,735 USD

Legal

Blockchain Platform: Ethereum
Office address: 850 New Burton Rd Dover, De 19904

Bounty

Bounty: 5%

Token info

Ticker: VLR
Type: Utility-token
Token standard: ERC-20
Token price in USD: 1 VLR= 0.43 USD
Token price in ETH: 1 VLR = 0.0001 ETH
Accepted currencies: ETH
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

Project team

Val Kleyman
Val Kleyman
CEO & FOUNDER
Val Kleyman linkedin
Harinderjit Singh
Harinderjit Singh
Head of Wed & Design Development
Navdeep Garg
Navdeep Garg
Head of Platform Development
Navdeep Garg linkedin
Anurag Makol
Anurag Makol
Lead Developer of Valorem Platform
Anurag Makol linkedin

Advisors

Yaron Vilosny
Yaron Vilosny
16 years in Business Development, Strategy, E-Commerce, Logistics
Yaron Vilosny linkedin
Jared Raia
Jared Raia
7 years in Commercial & Residential Lending & Real Estate Development
John Kleppinger
John Kleppinger
10 years in Auto, Home, Business, Casualty, Liability & Life Insurance
Kent Wallgren
Kent Wallgren
20+ yrs in Wealth Mgmt, UI/UX creation, Algo, AML, KYC, R & c
Payal Jain
Payal Jain
7 yrs in Digital & Online Marketing Strategy, Advertising and Social Media Development
Payal Jain linkedin
Joseph Yoo
Joseph Yoo
10 yrs in IT and Specialized Network Infrastructure, Security, and Server Development
Joseph Yoo linkedin
Dennis Kim
Dennis Kim
5 yrs in Building Code Consulting, Direct Sales, and Marketing and Business Development
Dennis Kim linkedin
Hwan Namkung
Hwan Namkung
2 yrs in Pharmacy Operations and Pharmacy Technician
Joseph Daniels
Joseph Daniels
Co-Chair of the firm’s Venture Capital & Emerging Growth Companies practice
Joseph Daniels linkedin
Mike Shokin, CFA
Mike Shokin, CFA
17 yrs in Financial Analysis, Corporate Finance, Valuation, SAS & Business Intelligence
Mike Shokin, CFA linkedin

Social media

Valorem foundation web-siteValorem foundation RedditValorem foundation MediumValorem foundation TelegramValorem foundation BTCTalkValorem foundation X (Twitter)Valorem foundation FacebookValorem foundation SlackValorem foundation Github

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