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Topic: [ANN][ICO]⚡Vernam- The World's 1st 0% commission insurance ⚡ [SOFT CAP REACHED] - page 5. (Read 4221 times)

newbie
Activity: 220
Merit: 0
Do i have to go trough KYC in order to join the sale?

Yes,KYC is needed.I know that noone likes that,but its  necessity nowdays.

KYC is a positive thing, crypto can use a bit of regulation and order.
jr. member
Activity: 238
Merit: 1
Do i have to go trough KYC in order to join the sale?

Yes,KYC is needed.I know that noone likes that,but its  necessity nowdays.
newbie
Activity: 147
Merit: 0
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.
newbie
Activity: 158
Merit: 0
I see that ICO finally started, how long will ICO run? When does it end?

No ICO actually did not start, it starts in 74 days.

Isnt that a huge gap between presale and main sale?

Maybe they are taking more time to do proper marketing before the main sale
newbie
Activity: 219
Merit: 0
I see that ICO finally started, how long will ICO run? When does it end?

No ICO actually did not start, it starts in 74 days.

Isnt that a huge gap between presale and main sale?
jr. member
Activity: 350
Merit: 3
Do i have to go trough KYC in order to join the sale?
sr. member
Activity: 409
Merit: 250
Insurance sort of is now entering the blockchain. Your project have a lot of competitors specially PolicyPal which ended their ICO reaching the hardcapped. So what advantage using your platform than PolicyPal?


Based on what i've read on the WP, they are going to be targeting countries where the brokers have the highest commissions. And the advantage that really impressed  me much is that they will be acting as a licensed broker, meaning they can offer actual insurance and save the customer the money from the commission.


jr. member
Activity: 247
Merit: 2
I see that ICO finally started, how long will ICO run? When does it end?

No ICO actually did not start, it starts in 74 days.

Wow, how come that ICO did not start just right after the presale?
Most likely to give people time to learn about Vernam and get more investors that way, which is not bad at all if you ask me.
jr. member
Activity: 140
Merit: 2
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

Cheesy This is not about you understanding it, it's about supply and demand and if they can charge so much why shouldn't they? Now when alternatives come to market things will change.

Exactly, they just tend to take as much money as possible as everyone else does Cheesy We don't like when we are the sheep, but we love when sheep come to us for a haircut Cheesy

 Grin Grin We should perceive high prices always as an opportunity for technology or solutions that make those prices lower. That's what Vernam is doing.

Exactly, lower prices attract more people and you make as much as money and in most cases even more money then before and we get better tech along with it.That's why Vernam is a win-win Cheesy
jr. member
Activity: 117
Merit: 2
I see that ICO finally started, how long will ICO run? When does it end?

No ICO actually did not start, it starts in 74 days.

Wow, how come that ICO did not start just right after the presale?
newbie
Activity: 193
Merit: 0
I see that ICO finally started, how long will ICO run? When does it end?

No ICO actually did not start, it starts in 74 days.
newbie
Activity: 219
Merit: 0
On your website it says that ICO starts in 74 days.Is it true?
jr. member
Activity: 350
Merit: 3
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

Cheesy This is not about you understanding it, it's about supply and demand and if they can charge so much why shouldn't they? Now when alternatives come to market things will change.

Exactly, they just tend to take as much money as possible as everyone else does Cheesy We don't like when we are the sheep, but we love when sheep come to us for a haircut Cheesy

 Grin Grin We should perceive high prices always as an opportunity for technology or solutions that make those prices lower. That's what Vernam is doing.

Exactly,competition is a good thing for us users,we will get cheaper prices and better product
newbie
Activity: 126
Merit: 0
Where exactly is your team heaquarters,some place where most of the team is?
newbie
Activity: 147
Merit: 0
How much i have to invest to join the sale?What si the minimum?
newbie
Activity: 182
Merit: 0
Insurance sort of is now entering the blockchain. Your project have a lot of competitors specially PolicyPal which ended their ICO reaching the hardcapped. So what advantage using your platform than PolicyPal?
sr. member
Activity: 910
Merit: 253
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

Cheesy This is not about you understanding it, it's about supply and demand and if they can charge so much why shouldn't they? Now when alternatives come to market things will change.

Exactly, they just tend to take as much money as possible as everyone else does Cheesy We don't like when we are the sheep, but we love when sheep come to us for a haircut Cheesy

 Grin Grin We should perceive high prices always as an opportunity for technology or solutions that make those prices lower. That's what Vernam is doing.
jr. member
Activity: 140
Merit: 2
I see that ICO finally started, how long will ICO run? When does it end?
jr. member
Activity: 248
Merit: 1
Some info from their whitepaper for new users.

The platform will be powered by Ethereum based ERC20 utility token named Vernam
Token (VRN), which will be used by clients, insurers, brokers and third parties. Each
new insurance contract, signed on the Vernam platform will be denominated in VRN.
Tokenizing the platform will allow the unique identification of customers and assets,
and the transfer of this information through the blockchain to insurers as an
unalterable digital record.


What kind of wallet do i need  have to be able to store Vernam tokens?

You should be able to store VRN in any erc-20 compatible wallet, like MEW, Ledger Nano...

There should be some kind of a tutorial that explains how to add VRN to MEW or Ledger.Did anyone shared this already?
newbie
Activity: 224
Merit: 0
What will be the price of VRN in ICO phase?

I think it will be 1 VRN - 0.076$ in ICO phase.Btw. ICO starts in a few hours!

Finally ! Let me just add that 20 days into ICO price will change from 0.076 USD to = 0.085 USD so better to jump in as soon as possible then to wait.

Do you have any bonus available too?

There is no bonus in ICO, except that it will be a bit cheaper to buy during first 20 days of ICO.

No bonus even for big investors?

I think that if you contact the team directly there could be a chance to maybe get some kind of a deal even during the ICO phase.
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