Website

Vertex (VTEX)

ICO

Last updated: Oct 12, 2018

Vertex (VTEX) is an ecosystem for investors, the community and the ICOs. The worlds first ICO aftermarket

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Overview

Project industry	Trading & Investing
Product type	Platform
Founded	Cayman Islands
Whitepaper	Open

What is Vertex

Vertex combines trading, venture capital experience, and fair-value based tokenization. Vertex offers an aftermarket for ICOs, which will provide investors with opportunities to get returns and bring more fiat resources into cryptocurrency markets, by attracting capital through its ICO vetting mechanisms. Vertex.market is an OTC platform and will offer tokens before they are listed on exchanges, the moment an ICO is over. The Vertex ecosystem is centered around the ICO vetting process, the platform and the VTEX token. Both the purchase of tokens from ICOs by Vertex and the subsequent sale of those tokens on the Vertex platform, are done using the VTEX token. Purchases from ICOs are partially funded with VTEX while user purchases of tokens on the platform must be done using the VTEX token only.

Details

Public sales: Oct 01, 2018 - Jan 25, 2019
Token supply: 180,000,000 VTEX
Total tokens for sale: 300,000,000 VTEX
Soft cap: 3,000,000 USD
Hard cap: 18 000,000 USD

Legal

Registration country: Cayman Islands
Registration year: 2018

Token info

Ticker: VTEX
Type: Utility-token
Token standard: ERC20
Token price in USD: 1 VTEX = 0.31 USD
Accepted currencies: BTC, ETH, Bitcoin Cash
Token distribution:
60% - Public / Private Sale
15% - Team & Investors
12% - Limited Company
8% - Strategic Partner
5% - Bounty Program
Funds allocation:
54% - Reinvestment
11% - Business Development
11% - Software Development
10% - Partners
7% - Operational
7% - Legal & Expenses