[ANN][ICO]⚡Vernam- The World's 1st 0% commission insurance ⚡ [SOFT CAP REACHED] - page 32.

vernam

newbie

Activity: 42

Merit: 0

Quote from: mysql544 on May 05, 2018, 09:00:51 AM

What is your hard cap in US$?
What is your soft cap in US$?

How does the team intend to use the funds raised?
Sorry if this is mentioned in the white paper. Already downloaded but will have a look at it later.

Besides platform development, our growth strategy foresees the establishment of a broker network across a number of EU countries at first, depending on the funds raised.

The token will conform to the ERC20 standard. The minimum target for the token sale is set to 40 million VRN tokens while the hard cap will be set to 500 million VRN tokens. If the minimum goal is not reached, the Vernam team will make a full refund to the contributors.

You can fidn also detailed information from our website : https://www.vernam.com/#token

vernam

newbie

Activity: 42

Merit: 0

Quote from: ?? on ??

Nice ICO! this project is very promising and I also believe it will grow quickly. I hope its iCO runs smoothly. Great!

Thank you for your nice comments, this is very valuable to get postive feedbacks from our community!! Please keep to follow us!!

https://medium.com/@vernam.official

mysql544

newbie

Activity: 122

Merit: 0

What is your hard cap in US$?
What is your soft cap in US$?

How does the team intend to use the funds raised?
Sorry if this is mentioned in the white paper. Already downloaded but will have a look at it later.

tatangas215

newbie

Activity: 182

Merit: 0

I really like the suggestion of there is no broker, the standard broker’s commission will be awarded to the client in the form of VRN. I want to ask that can anyone, anywhere in the world participate public sale?

AnnaGova

newbie

Activity: 70

Merit: 0

Good afternoon. Admin, has the company ended bounty? Whether it is necessary to present the report in a topic, there is no form since 7 weeks. Will our work protect us? Thank you

MihailJ

full member

Activity: 504

Merit: 102

Vernam team answering frequently asked questions: Part 2 — The Vernam Token

Although insurance is one of the very well fitted industries for blockchainimplementation, there aren’t many ICO s introducing new insurance models.

Anyway the $4.73 trillion market of risk management needs a change as a move away from pre-Internet paperwork and the first days of the Vernam project prove that people are ready to embrace the new era of insurance process on the blockchain.

Our social media channels are growing exponentially and people engage in conversations about the future of insurance.

During the last two months we received tons of questions regarding the Vernam project, so we decided to put together the most asked ones and write a post about them. We have almost 50 questions people ask most often, so we decided to split them in separate posts. Our first post was dedicated to the Vernam product.

https://medium.com/@vernam.official/vernam-team-answering-frequently-asked-questions-part-2-the-vernam-token-1457deb81b62

dmngdsm

jr. member

Activity: 58

Merit: 4

Quote from: tatangas215 on May 04, 2018, 06:52:25 AM

I belive that lower the cost of insurance services while making the business way more efficient not only for the clients, but for the insurance providers as well. So, Vernam’s mission should be change the insurance market into a transparent and honest place of integrity and high social values. But how do you plan to use blockchain in your Vernam project?

Really important question, tatangas215!

How and why we'll use blockchain?

Given the lack of transparency and the resulting misinformation, or loss of trust between end customers, insurance providers, and intermediaries, such as brokers and agents, we are confident that the decentralized nature of the blockchain technology will help to recover the lost balance and will provide a platform, driven by shared data and mutual trust, while at the same time the clients may benefit from reducing administrative cost of the insurance products.

The blockchain sub-system of Vernam, is system of inter-related smart contracts.

It has two main purposes:

• Create Insurance Smart Contracts as a proof of the issuance of insurance and its details

• Transfer a commission back in the form of VRN Tokens

Read detailed description of the implementation of blockchain on the Vernam platform in our whitepaper.

You can read our FAQ posts on our blog. There you'll find answers on everything important about the Vernam project.

Part 1 - The product

Part 2 - The VRN token

tatangas215

newbie

Activity: 182

Merit: 0

I belive that lower the cost of insurance services while making the business way more efficient not only for the clients, but for the insurance providers as well. So, Vernam’s mission should be change the insurance market into a transparent and honest place of integrity and high social values. But how do you plan to use blockchain in your Vernam project?

dmngdsm

jr. member

Activity: 58

Merit: 4

Quote from: bitlborg on May 03, 2018, 01:51:29 PM

I personally have done a lot of digging on Vernam and I am yet to find any major red flag that would make me give up on investing in their ICO. Knowing their project mission/vision and how much the core members of the team have sacrificed to build everything from the ground up gives me more hope about the company as a whole.

Glad to hear that, it's important that people see how much we really have sacrificed to bring this project live.

By the way, have you seen the video presentation of our CEO Roman?

bitlborg

member

Activity: 308

Merit: 34

I personally have done a lot of digging on Vernam and I am yet to find any major red flag that would make me give up on investing in their ICO. Knowing their project mission/vision and how much the core members of the team have sacrificed to build everything from the ground up gives me more hope about the company as a whole.

dmngdsm

jr. member

Activity: 58

Merit: 4

Hey guys, during the last two months we received tons of questions regarding the Vernam project, so we decided to put together the most asked ones and write series of posts about them.

We are starting with the project-related questions - click on the picture to open the post on our blog:

tuncaysanli395

newbie

Activity: 135

Merit: 0

When I investgated the project I realized that the concept of The CryptoSafe (CS) will be very interesting. The CryptoSafe will be a digital crypto product, only available through the Vernam platform. Each registered platform user, who has a sufficient number of its proprietary Vernam Tokens, will be able to purchase the CS, which is a type of a smart contract, guaranteeing that when a defined set of events occur, the client will be com-pensated with a certain amount of Vernam Tokens (VRN). Smart contracts are autonomous and execute without the need of a third party.

dmngdsm

jr. member

Activity: 58

Merit: 4

Quote from: ?? on ??

your ICO is listed on our website with overall score 4.8 out of 5!
https://coinatory.com/ico/vernam-the-future-of-insurance/

Thank you, we really appreciate it.

Quote from: ?? on ??

Is there something special planned for the future?

You should check our whitepaper. There's a lot planned even after the ICO. We will set up an insurance broker network and start operating in Europe, depending on how much funds we collect.

eren0x

newbie

Activity: 168

Merit: 0

The world's first 0% commission insurance on the blockchain. Our goal is to revolutionize the insurance industry! We are probably the first company in the world ready to implement a high-end technological solution which will dramatically lower the cost of insurance services while making the business way more efficient and friendly for all parties-from End Clients to major Insurance Companies! Vernam utilizes blockchain technology to provide: 1. Competitive online marketplace for conventional insurance products by the biggest insurance companies 2. Generous compensation - up to 30% of the policy premium in Vernam tokens (VRN) is returned to clients 3. “CryptoSafe” - a smart contract, guaranteeing that when a defined set of events occur, the client will be compensated with a certain amount of Vernam Tokens (VRN). The newest and most innovative blockchain based insurance product that Vernam will introduce.

dmngdsm

jr. member

Activity: 58

Merit: 4

Quote from: ?? on ??

Interesting project for me. I'd like to read more about it. Can I have the link of the white paper

Hey Candam.

You can check our whitepaper here - click on the picture:

Have a look at our video too:

Quote from: Silasa on April 26, 2018, 01:44:56 PM

I want to know more about your sale. Anw I will be waiting for more information, let's see another comment this project before enjoying this project

Hey, Silasa. You can check our Medium blogpost with the announcement of our main sale dates:

Silasa

newbie

Activity: 156

Merit: 0

I want to know more about your sale. Anw I will be waiting for more information, let's see another comment this project before enjoying this project

dmngdsm

jr. member

Activity: 58

Merit: 4

Quote from: cattano on April 24, 2018, 04:15:59 AM

Good to hear that the project has reach it's softcap.
So next target will be the hard cap, may i know how much the hard cap is?

Hey cattano. The target is the hard cap and, of course, the moon and beyond Cheesy

These are the three caps and what we are planning to achieve when we reach them:

filipe3x

hero member

Activity: 1008

Merit: 500

I really do not understand why the existing intermediaries take such commissions? I read in white paper that it can be up to 30%. A real, routine work there for 5 minutes. For example in car insurance

cattano

sr. member

Activity: 616

Merit: 250

Good to hear that the project has reach it's softcap.
So next target will be the hard cap, may i know how much the hard cap is?

dmngdsm

jr. member

Activity: 58

Merit: 4

Dear friends and contributors to the Vernam project,
It’s hard to say how much excited we are to share this:

Topic: [ANN][ICO]⚡Vernam- The World's 1st 0% commission insurance ⚡ [SOFT CAP REACHED] - page 32. (Read 4236 times)