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Topic: [ANN][ICO]⚡Vernam- The World's 1st 0% commission insurance ⚡ [SOFT CAP REACHED] - page 13. (Read 4226 times)

sr. member
Activity: 1204
Merit: 288
I now use the signature of the company, which also deals with insurance for blockchain - https://www.gref.io/

Cool investors and a large branched team.

Tell me What are your key differences from this company? Is there any partnership possible?
newbie
Activity: 70
Merit: 0
Is there any specific region you plan to start,or you are going worldwide from the beginning?
newbie
Activity: 112
Merit: 0
The project looks promising. Very interesting idea. I like the name of the token, it has a strong personality, the project sounds promising, but it all comes down to the team, will they be able to run the project smoothly or will they lose it by going to success
The Vernam project will solve all modern insurance problems by introducing decentralization of the blockchain and the necessary updating of the model. It will also create a market for connecting large insurance companies to end customers directly and digitally. It really looks promising

Vernam looks great indeed,really promising!Its time for insurance market to beneft from blockchain technology
member
Activity: 434
Merit: 70
The project looks promising. Very interesting idea. I like the name of the token, it has a strong personality, the project sounds promising, but it all comes down to the team, will they be able to run the project smoothly or will they lose it by going to success
The Vernam project will solve all modern insurance problems by introducing decentralization of the blockchain and the necessary updating of the model. It will also create a market for connecting large insurance companies to end customers directly and digitally. It really looks promising
newbie
Activity: 108
Merit: 0
Are any countries excluded from the sale,whats the situation regarding that?

I guess United States and China are excluded,as  usual.
newbie
Activity: 90
Merit: 0
Are any countries excluded from the sale,whats the situation regarding that?
newbie
Activity: 294
Merit: 0
Do you already have some exchange lined up to list VRN?

I doubt they can say even if they have,they probably signed NDA
jr. member
Activity: 185
Merit: 1
When does presale and bonus end?
newbie
Activity: 216
Merit: 0
Could you give information about private sale and What benefits are there to holders of the tokens?
Holders of the token will be able to buy 0% commission insurance products when we launch our platform. Because of our token price growth mechanism, we believe that the VRN token price will only go up after the crowdsale, so holding it will be a good long term strategy.

What role does the commission actually play? It doesn't necessarily mean that prices will decrease, does it? If an insurance charges me 95X (price insurance) + 5X (price commission), it is the same as if they charge me 100X (price insurance). How can we be sure that price will decrease?
The cost of the insurance policy is 100X, irrespective of whether or not there is a broker or it is directly insurer. When there is a broker the insurance company pays him a commission of approximately 5-25% from the total value of the policy. What we will do is return that percentage back to the customers in the form of VRN tokens. (Every of our future clients will be able to easily compare the price that we will offer with that of the brokers on entire equal terms (same insurance value,same product, same insurer) So we can safely say that the insurance prices for our users will decrease sensibly.

Thank you for the explanation. So the main thing you do here is replace the broker and distribute those former costs as a payout to users? Why should insurers pick you over brokers if they don't benefit, too?

Well if Vernam offers more incentive to users then standard insurer people will want to go through Vernam and insurer benefits if he uses Vernam because he gets more customers that way Cheesy That is the way I see it.

That's the way you see it and the way you see it probably makes a lot of sense. Those insurance companies going first would even have some first mover advantage.

As Delboy say -There you go , you know it makes sense Cheesy
newbie
Activity: 20
Merit: 0
Is  there minimum and maximum contributions for the sale?
How to Contribute
1. Login to our contributors’ dashboard.


2. Click “Buy Tokens” on the menu on the left.

3. Enter the amount of ETH you’d like to contribute. It should be the equivalent of more than 0.1 ETH. We will accept ETH, BTC and USD (Visa and Mastercard).
https://s7.postimg.cc/egpor3igr/1_3-h_Zsdgl_P5_WFVt_XYbv_Jh_HQ.jpg

4. If you haven’t entered your details yet, the system will re-direct you to your profile settings:
https://s7.postimg.cc/5lougr95n/image.jpg

5. Carefully enter your wallet’s address. You have one chance only!!!
https://s7.postimg.cc/8ttbt9sp7/image.png

Do not use Coinbase address or similar. We accept MEW (MyEtherWallet) only.
6. You will receive the address you have to send your contribution to:
https://s7.postimg.cc/720cyhby3/image.png

Copy the address and deposit the sum. Use only MEW(MyEtherWallet) or similar accounts. Never use exchange accounts. This image is for illustrative purpose only. You can send even less than 25 ETH.
7. When you finish your transaction, add the VCT as a custom token to MyEtherWallet.
https://s7.postimg.cc/v5r4mvpaz/image.jpg

“How To Add a Custom Token to MyEtherWallet”
8. You will see the corresponding amount of VCT tokens in your wallet:
https://s7.postimg.cc/j3vqstg3f/image.jpg

The VCT token in MyEtherWallet
VCT — our anti-fraud guarantee for you during the campaign
As you already know, the Vernam token is called VRN. In order to prevent possible attacks of wallets during the campaign, we introduced another token in our smart contracts — it is called VCT — Vernam Crowdsale Token.

VCT is what everyone will be getting during the campaign. The only purpose of this token is to guarantee that after the end of the campaign you will be able to convert it in VRN token. It can’t be transferred and you can’t use it for anything else.

This is why it won’t be interesting for hackers to try to steal it.

But how do I know I’ll get my real VRN tokens after the crowdsale?
Everything about our token sale is transparent and so are our smart contracts — You can check them on GitHub.

You will see that the two tokens are identical, but the VCT one is of no use other than to be converted to VRN after the crowd sale and if KYC is passed.

https://medium.com/@vernam.official/how-to-buy-vrn-tokens-with-40-discount-97aacd8785fa



Thanks for sharing this tutorial, ti was a bit confusing for some of us new to crpyto, gonna send this to one of my friends also.

Maybe video guide wouldnt be bad idea,to help new people?

I second that for sure, it would me even more helpful for people like me Cheesy Does anyone has some skill to make that kind of video guide?
newbie
Activity: 45
Merit: 0
Hello there,

It's a pleasure to announce that we added Vernam on tropyc. Let us know if you have any feedback or suggestions!

https://www.tropyc.co/crypto/vernam

All the best for your sale,
Tropyc Team

Thanks for promoting the project, every exposure is helpful.
newbie
Activity: 219
Merit: 0
Is  there minimum and maximum contributions for the sale?
How to Contribute
1. Login to our contributors’ dashboard.


2. Click “Buy Tokens” on the menu on the left.

3. Enter the amount of ETH you’d like to contribute. It should be the equivalent of more than 0.1 ETH. We will accept ETH, BTC and USD (Visa and Mastercard).
https://s7.postimg.cc/egpor3igr/1_3-h_Zsdgl_P5_WFVt_XYbv_Jh_HQ.jpg

4. If you haven’t entered your details yet, the system will re-direct you to your profile settings:
https://s7.postimg.cc/5lougr95n/image.jpg

5. Carefully enter your wallet’s address. You have one chance only!!!
https://s7.postimg.cc/8ttbt9sp7/image.png

Do not use Coinbase address or similar. We accept MEW (MyEtherWallet) only.
6. You will receive the address you have to send your contribution to:
https://s7.postimg.cc/720cyhby3/image.png

Copy the address and deposit the sum. Use only MEW(MyEtherWallet) or similar accounts. Never use exchange accounts. This image is for illustrative purpose only. You can send even less than 25 ETH.
7. When you finish your transaction, add the VCT as a custom token to MyEtherWallet.
https://s7.postimg.cc/v5r4mvpaz/image.jpg

“How To Add a Custom Token to MyEtherWallet”
8. You will see the corresponding amount of VCT tokens in your wallet:
https://s7.postimg.cc/j3vqstg3f/image.jpg

The VCT token in MyEtherWallet
VCT — our anti-fraud guarantee for you during the campaign
As you already know, the Vernam token is called VRN. In order to prevent possible attacks of wallets during the campaign, we introduced another token in our smart contracts — it is called VCT — Vernam Crowdsale Token.

VCT is what everyone will be getting during the campaign. The only purpose of this token is to guarantee that after the end of the campaign you will be able to convert it in VRN token. It can’t be transferred and you can’t use it for anything else.

This is why it won’t be interesting for hackers to try to steal it.

But how do I know I’ll get my real VRN tokens after the crowdsale?
Everything about our token sale is transparent and so are our smart contracts — You can check them on GitHub.

You will see that the two tokens are identical, but the VCT one is of no use other than to be converted to VRN after the crowd sale and if KYC is passed.

https://medium.com/@vernam.official/how-to-buy-vrn-tokens-with-40-discount-97aacd8785fa



Thanks for sharing this tutorial, ti was a bit confusing for some of us new to crpyto, gonna send this to one of my friends also.

Maybe video guide wouldnt be bad idea,to help new people?
newbie
Activity: 122
Merit: 0
The project looks promising. Very interesting idea. I like the name of the token, it has a strong personality, the project sounds promising, but it all comes down to the team, will they be able to run the project smoothly or will they lose it by going to success
newbie
Activity: 119
Merit: 0
Hello there,

It's a pleasure to announce that we added Vernam on tropyc. Let us know if you have any feedback or suggestions!

https://www.tropyc.co/crypto/vernam

All the best for your sale,
Tropyc Team
sr. member
Activity: 910
Merit: 253
Could you give information about private sale and What benefits are there to holders of the tokens?
Holders of the token will be able to buy 0% commission insurance products when we launch our platform. Because of our token price growth mechanism, we believe that the VRN token price will only go up after the crowdsale, so holding it will be a good long term strategy.

What role does the commission actually play? It doesn't necessarily mean that prices will decrease, does it? If an insurance charges me 95X (price insurance) + 5X (price commission), it is the same as if they charge me 100X (price insurance). How can we be sure that price will decrease?
The cost of the insurance policy is 100X, irrespective of whether or not there is a broker or it is directly insurer. When there is a broker the insurance company pays him a commission of approximately 5-25% from the total value of the policy. What we will do is return that percentage back to the customers in the form of VRN tokens. (Every of our future clients will be able to easily compare the price that we will offer with that of the brokers on entire equal terms (same insurance value,same product, same insurer) So we can safely say that the insurance prices for our users will decrease sensibly.

Thank you for the explanation. So the main thing you do here is replace the broker and distribute those former costs as a payout to users? Why should insurers pick you over brokers if they don't benefit, too?

Well if Vernam offers more incentive to users then standard insurer people will want to go through Vernam and insurer benefits if he uses Vernam because he gets more customers that way Cheesy That is the way I see it.

That's the way you see it and the way you see it probably makes a lot of sense. Those insurance companies going first would even have some first mover advantage.
newbie
Activity: 20
Merit: 0
Is  there minimum and maximum contributions for the sale?
How to Contribute
1. Login to our contributors’ dashboard.


2. Click “Buy Tokens” on the menu on the left.

3. Enter the amount of ETH you’d like to contribute. It should be the equivalent of more than 0.1 ETH. We will accept ETH, BTC and USD (Visa and Mastercard).
https://s7.postimg.cc/egpor3igr/1_3-h_Zsdgl_P5_WFVt_XYbv_Jh_HQ.jpg

4. If you haven’t entered your details yet, the system will re-direct you to your profile settings:
https://s7.postimg.cc/5lougr95n/image.jpg

5. Carefully enter your wallet’s address. You have one chance only!!!
https://s7.postimg.cc/8ttbt9sp7/image.png

Do not use Coinbase address or similar. We accept MEW (MyEtherWallet) only.
6. You will receive the address you have to send your contribution to:
https://s7.postimg.cc/720cyhby3/image.png

Copy the address and deposit the sum. Use only MEW(MyEtherWallet) or similar accounts. Never use exchange accounts. This image is for illustrative purpose only. You can send even less than 25 ETH.
7. When you finish your transaction, add the VCT as a custom token to MyEtherWallet.
https://s7.postimg.cc/v5r4mvpaz/image.jpg

“How To Add a Custom Token to MyEtherWallet”
8. You will see the corresponding amount of VCT tokens in your wallet:
https://s7.postimg.cc/j3vqstg3f/image.jpg

The VCT token in MyEtherWallet
VCT — our anti-fraud guarantee for you during the campaign
As you already know, the Vernam token is called VRN. In order to prevent possible attacks of wallets during the campaign, we introduced another token in our smart contracts — it is called VCT — Vernam Crowdsale Token.

VCT is what everyone will be getting during the campaign. The only purpose of this token is to guarantee that after the end of the campaign you will be able to convert it in VRN token. It can’t be transferred and you can’t use it for anything else.

This is why it won’t be interesting for hackers to try to steal it.

But how do I know I’ll get my real VRN tokens after the crowdsale?
Everything about our token sale is transparent and so are our smart contracts — You can check them on GitHub.

You will see that the two tokens are identical, but the VCT one is of no use other than to be converted to VRN after the crowd sale and if KYC is passed.

https://medium.com/@vernam.official/how-to-buy-vrn-tokens-with-40-discount-97aacd8785fa



Thanks for sharing this tutorial, ti was a bit confusing for some of us new to crpyto, gonna send this to one of my friends also.
jr. member
Activity: 247
Merit: 2
Do you already have some exchange lined up to list VRN?

It's a bit early for exchange announcements in this phase, even if team had exchange lined up they would most likely keep it quite since most exchanges make you sign NDA's.
jr. member
Activity: 140
Merit: 2
Do you already have some exchange lined up to list VRN?
newbie
Activity: 35
Merit: 0
Is private sale finished?

Yeah, private sale finished as far as I know, everyone can now participate in presale normally.
newbie
Activity: 45
Merit: 0
Which wallet do I need to receive VRN tokens? Will you create a wallet where we can store VRN?
You will need ERC-20 compatible wallet, similar to MEW(My Ether Wallet). Please do not use exchange wallets, similar to Coinbase.

Can i use ledger nano s?

Off course, that is actually the best way to go.Safest way.
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