Valorem foundation (VLR) ICO
Past ICONov 10, 2017 – Jun 28, 2018
Valorem foundation is a decentralised P2P (peer-to-peer) platform for multi-party transactions across multiple industries.
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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.
ICO DetailsICO token supply: 150000000
Soft cap: 25,000,000 USD
Hard cap: 52,500,000 USD
Raised: 19,112,735 USD
Token infoTicker: VLR
Token standard: ERC-20
Token price in USD: 1 VLR = 0.029682 USD
Token price in ETH: 1 Token = 0.000100 ETH
Accepted currencies: ETH, BTC
Week 1-2 50%
Week 3-4 20%
Week 5-6 15%
Week 7-8 10%
Week 9-10 5%
75% - Tokens available to public after launch
25% - Tokens held in reserve
30% - Dev/Eng/Design
10% - Admin
15% - Marketing & Advertising
25% - Sales and Biz Dev
10% - Contractors
10% - Contingency
Valorem foundation (VLR) Roadmap
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