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Vernam ICO (Initial Coin Offering)

What is Vernam Token / Coin?

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 companies2. Generous compensation – up to 30% of the policy premium in Vernam tokens (VRN) is returned to clients3. “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.

Price: 1 VRN = 0.085 USD
4.0
Average Rating
PhD Student, MBA Roman Angelov
Start: 2018-05-15
End: 2018-06-04
Ends In:
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Milestones

1
2017

Founders joined efforts to change the insurance industry and started building the Vernam concept.

2
January, 2018

Concept was validated by experienced InsurTech executives, who later joined the team.

3
February, 2018

Angel investment received, start of platform development.

4
March, 2018

Start of the preparation for a token sale.

5
Q3, 2018

Listed on an exchange.

6
Q4, 2018

Vernam platform MVP launch and testing.

7
Q1, 2019

Vernam broker starting operation in several markets.

8
Q2, 2019

First CryptoSafe smart contracts signed. Vernam mobile app launch.

9
Q3, 2018

Development of additional smart contract insurance products.

10
2020

Operating on 8+ key European markets.

TokenVRN
PlatformEthereum
TypeERC20
Price1 VRN = 0.085 USD
Tokens For Sale500,000,000
BonusYes
BountyYes
WhitelistYes
KYCYes
Min. Investment:0.1 ETH
Accepting:ETH, BTC, Fiat
Soft Cap40,000,000 VRN
Hard Cap500,000,000 VRN
Average Rating:

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