 | VendEx (VEND) |
Status
ICO
Vendex is a cryptocurrency exchange and trading platform to access and trade crypto currency in Africa
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Ticker
VEND
Type
Utility-token
Token standard
ERC-20
What is VendEx
- Support for FIAT deposit/withdrawal in local currency.
- Trading of popular and credible assets voted by community
- Web and mobile apps for exchange, trading and partners
- Access through partner network (Mobile money operators, merchants, kiosks)
VendEx Roadmap
1
2017/09
Registration
Official Registration for Vendex.
2
2017/10
Smart Contract
Development and testing of smart contract for token management and issuance.
3
2017/11
Research & Development
Start of Vendex Platform Development
4
2018/Q1
White Paper Released.
KYC Process
5
2018/Q2
Token Sale
Token Distribution
6
2018/Q3
Vendex Version 1
Vendex Version 1.2 and Mobile App Release.
7
2018/Q4
Fiat Partnership Integration.
VEND FIAT and deposit.
Token Sale Dates
Presale Period
Start date: Apr 03, 2018
End date: Apr 15, 2018
ICO
Start date: Apr 21, 2018
End date: May 06, 2018
Token Allocation
Total Token Supply 120000000
Funding Details
Soft Cap 2,520,000
USD
Hard Cap 10,920,000
USD
Restrictions
Residents of the following countries are prohibited from participating
China, United States
China, United States
Token distribution
60% Public Allocation
20% Founder & Key Employee Allocation
10% Market Place Incentive Fund Allocation
5% Legal Fund Allocation
5% Advisory Fund Allocation
Funds allocation
30% - Development and infrastructural maintenance
25% - Liquidity Pool, Central Banks Liquidity requirement
15% - Brand Awareness
10% - Regulatory, Licensing and compliance
10% - Salary & Wages
10% - Reserve
Token Price and Payment Options
Token price USD 1 Token = 0.100000 USD
Accepted Currencies BTC, ETH
Project team
Onyemaechi Okafor
Lead Developer
Saminu Salisu
Lead Developer
Uchenna Okafor
Lead Developer
Aylin Kilic
Graphic Designer
Leonard Chimezie
Project manager
Emmanuel lamptey
Financial Accounting & Audit
Advisors
DR Xiaochun Cheng
Technology and Security Advisor
Collins Nzekwe
Business Development Advisor
Austin Otah
Legal Advisor
Social media
Twitter
Telegram
YouTube
InstagramIndustries
