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Velocity Ledger (VL)

ICO

Velocity Ledger (VL) is a blockchain enabled platform which will allow for initial issuance, secondary trading and trade matching for illiquid real estate securities, joint venture interests and individual properties.

VL is a set of comprehensive solutions designed to streamline the investment cycle for select real estate asset classes, creating liquidity, real-time market pricing, cost savings, and transparency.

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Overview

Project industryFinance Services & Banking
Product typePlatform
FoundedUnited States
WhitepaperVelocity Ledger White Paper Open

What is Velocity Ledger

Velocity Ledger’s comprehensive user-friendly, web-based ecosystem driven by blockchain technology will provide new issuance, secondary trading and shareholder services for targeted illiquid real estate securities and assets:

  • Non-Traded REITs
  • Delaware Statutory Trusts
  • Institutional Joint Ventures
  • Properties
  • VL provides a first-of-its-kind solution to real estate illiquidity by combining Fundamental Interaction’s proprietary trading and settlement technology with blockchain protocol. Sponsors, investors, and advisors can access a simple web interface which links to a sophisticated multi-dealer electronic trading infrastructure where customer orders are matched on a central limit order book (“CLOB”).

    The platform will “tokenize” (put on the blockchain) each security/asset, facilitating ease of future ownership and investment by creating liquidity and pricing transparency for peer-to-peer transfers. VL’s capabilities aim to fundamentally alter initial and secondary markets, and seek to reshape the historically dislocated network of real estate sponsors, inter-dealer brokers and registered investment advisors into a dynamic competitively traded marketplace with reduced frictional costs and market-based pricing.

    A major problem with the existing real estate ecosystem is that there is no scalable, cost-effective process for marketing the new issuance of securities like Non-Traded REITs and Delaware Statutory Trusts, or properties held by institutions in Joint Venture and as standalone investments – nor is there a transparent, real-time, market-based, secondary trading system for these same securities/assets.

    Velocity Ledger’s underlying trading and settlement platform has already been deployed across multiple asset classes. VL enhances this platform with blockchain recordkeeping to address current market weaknesses for illiquid securities in a first-of-its-kind market utilitin a first-of-its-kind market utility.

    Real estate is a well suited industry for deploying VL’s disruptive blockchain technology. The sector is global in scope, represents trillions of dollars in value, and has historically trailed other asset classes in terms of modernization and utilization of the best available technologies. Inevitably, technology, regulation and pricing drive economic incentives in such a way that they become a catalyst for change. The industry would benefit from increased transparency and marketbased pricing to the broadest range of participants, including: issuers, investors, Registered Investment Advisors, market makers, and Independent BrokerDealers – the core value proposition of Velocity Ledger.

    In short, blockchain and smart contracts deployed through the VL platform combine to establish an investment and trading infrastructure unlike any other – a technological advancement that creates a new market structure paradigm that facilitates price discovery and transactional efficiencies.

    Details

    Pre-sales: Nov 15, 2018 - Apr 15, 2019
    Public sales: Apr 15, 2019 - Jul 15, 2019
    Token supply: 100,000,000 VL
    Soft cap: 500 USD

    Legal

    Blockchain Platform: Ethereum
    Office address: 147 West 26th Street 3rd Floor New York, NY 10001
    Clarendon House, 2 Church Street Hamilton HM 11 Bermuda

    Token info

    Ticker: VL
    Type: Utility-token
    Token standard: ERC-20
    Token price in USD: 1 BMD = 1 VL TOKEN
    Accepted currencies: ETH, BMD
    Bonus program:
    ROUND 1 +40% < 3.5 million VL Tokens sold
    ROUND 2 +30% < 5 million VL Tokens sold
    ROUND 3 +20% < 10 million VL Tokens sold
    ROUND 4 +10% 15 million VL Tokens sold
    Token distribution:
    60% - Token Sales
    10% - Employee
    10% - Advisory Board & Partners
    20% - Token Reserve
    Funds allocation:
    20% - Technology Development
    20% - Marketing & Advertising
    10% - Sales Business
    10% - Industry
    20% - Admin & General
    20% - Regulatory & Legal

    Velocity Ledger Roadmap

    1
    Token Sale

    Industry launch of VL Token

    2
    New Issuance Market
  • 506 (b)/(c) & SEC-registered securities
  • REG S and 144
  • 3
    Secondary Security Token Trading Market
  • NT REITs
  • DSTs
  • JVs
  • Properties
  • Security Tokens
  • OTC Digital currency
  • Project team

    Shawn Sloves
    Shawn Sloves
    CEO
    Shawn Sloves linkedin
    Julian Jacobson
    Julian Jacobson
    President, Chief Operating Officer
    Julian Jacobson linkedin
    Kun Luo
    Kun Luo
    Chief Technology Officer
    Kun Luo linkedin
    Enzo Villani
    Enzo Villani
    Entrepreneur + Fintech + M&A + Blockchain
    Enzo Villani linkedin
    Demetrios N. Skalkotos
    Demetrios N. Skalkotos
    Vice President
    Demetrios N. Skalkotos linkedin
    Gil Bruh
    Gil Bruh
    Technical Operations Manager
    Gil Bruh linkedin
    Jeff Mendl
    Jeff Mendl
    Business Development
    Jeff Mendl linkedin
    Steven Cohen
    Steven Cohen
    Business Development
    Yaroslav Yevtushenko
    Yaroslav Yevtushenko
    Chief Technology Officer Web Services
    Yaroslav Yevtushenko linkedin
    Alexander Kozyr
    Alexander Kozyr
    Head of Product & Project Management
    Alexander Kozyr linkedin
    Vlad Kosachev
    Vlad Kosachev
    Head of Web Services Architecture & Development
    Vlad Kosachev linkedin

    Advisors

    David Shuler
    David Shuler
    Co-Founder at Y2X
    David Shuler linkedin
    John F. Wallace
    John F. Wallace
    Delaware Board of Trade
    John F. Wallace linkedin
    Eric Hess
    Eric Hess
    HLC - Full Spectrum Security for Financial Firms
    Eric Hess linkedin
    Bill Karsh
    Bill Karsh
    Vice President at OTC Markets Group
    Bill Karsh linkedin
    Robert G. Benya
    Robert G. Benya
    President, Chief Revenue Offer and Board Director – Seven Stars Cloud Group Inc.files/5285-66007.jpg
    Brad Yasar
    Brad Yasar
    Founder and Managing Partner KrowdMentor
    Brad Yasar linkedin

    Social media

    Velocity Ledger web-siteVelocity Ledger LinkedInVelocity Ledger X (Twitter)Velocity Ledger Facebook

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