Website

VendEx (VEND)

ICO

Last updated: May 04, 2018

Vendex is a cryptocurrency exchange and trading platform to access and trade crypto currency in Africa

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Overview

Project industry	Exchanges & Wallets
Product type	Platform
Whitepaper	Open

Bounty program

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)

Details

Pre-sales: Apr 03, 2018 - Apr 15, 2018
Public sales: Apr 21, 2018 - May 06, 2018
Token supply: 120000000
Soft cap: 2,520,000 USD
Hard cap: 10,920,000 USD

Legal

Country limitations: China, United States

Token info

Ticker: VEND
Type: Utility-token
Token standard: ERC-20
Token price in USD: 1 Token = 0.100000 USD
Accepted currencies: BTC, ETH
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