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VendEx (VEND)

ICO
VendEx bounty

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

IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice.

Overview

Project industryExchanges & Wallets
Product typePlatform
WhitepaperVendEx White Paper Open

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

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.

Project team

Onyemaechi Okafor
Onyemaechi Okafor
Lead Developer
Onyemaechi Okafor linkedin
Saminu Salisu
Saminu Salisu
Lead Developer
Saminu Salisu linkedin
Uchenna Okafor
Uchenna Okafor
Lead Developer
Uchenna Okafor linkedin
Aylin Kilic
Aylin Kilic
Graphic Designer
Aylin Kilic linkedin
Leonard Chimezie
Leonard Chimezie
Project manager
Leonard Chimezie linkedin
Emmanuel lamptey
Emmanuel lamptey
Financial Accounting & Audit
Emmanuel lamptey linkedin

Advisors

DR Xiaochun Cheng
DR Xiaochun Cheng
Technology and Security Advisor
DR Xiaochun Cheng linkedin
Collins Nzekwe
Collins Nzekwe
Business Development Advisor
Collins Nzekwe linkedin
Austin Otah
Austin Otah
Legal Advisor
Austin Otah linkedin

Social media

VendEx web-siteVendExYouTubeVendEx TelegramVendEx InstagramVendEx Twitter

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