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Description

Description


Valorem is a blockchain-based platform that will use the Ethereum blockchain to provide a global marketplace. The Valorem team aims to provide a platform where users are able to require any type of transactions, such as microloans, insurance, investments just to name a few. Furthermore, the platform will feature the Zero Coin Protocol to verify and store all the transactions on the blockchain.

Valorem token (VLR) is an ERC-20 token that will be used as the medium of exchange on the platform.

Full Name Valorem (VLR)
Start Date 2017-10-11
Algorithm ETH Token
Proof Type N/A
Website https://advalorem.io/
Twitter @ValoremF
Facebook https://www.facebook.com/advalorem.io/
Reddit N/A
Block Number N/A
Block Time N/A
Block Reward N/A
Previous Total Coins Mined N/A
Net Hashes Per Second N/A
ICO Details

ICO Details


Valorem is a blockchain-based platform that will use the Ethereum blockchain to provide a global marketplace. The Valorem team aims to provide a platform where users are able to require any type of transactions, such as microloans, insurance, investments just to name a few. Furthermore, the platform will feature the Zero Coin Protocol to verify and store all the transactions on the blockchain.

Valorem token (VLR) is an ERC-20 token that will be used as the medium of exchange on the platform.

Team:

  • VAL KLEYMAN: CEO & Founder.
  • HARINDERJIT SINGH: Head of Wed & Design Development.
  • NAVDEEP GARG: Head of Platform Development.
  • ANURAG MAKOL: Lead Developer of Valorem Platform.

Valorem will be holding its ICO on the 28th of January, 2018. The ICO token supply represents 75% of the total token supply, so there will be a total of 150,000,000 tokens available, for 0.001 ETH each during the offering. The ICO funding target is 25,000,000 USD, the funding cap is 52,500,000 USD and is expected to end on the 28th of June, 2018 or when the funding cap is reached. Any unsold/remaining tokens will be burned.

Token Reserve Split (25%):

  • 17% Company;
  • 7% Bounty Campaign;

Valorem ICO will feature a bonus program and a bounty campaign, and the token will not be mineable.

Bonus Structure:

  • Stage 1 Start = 28 Jan – 50% Bonus
  • Stage 2 Start = 28 Feb – 40% Bonus
  • Stage 3 Start = 28 Mar – 20% Bonus 
  • Stage 4 Start = 28 Apr – 10% Bonus
  • Stage 5 Start = 28 May – 10% Bonus 
  • Sale End = 28 June – 0% Bonus
ICO Status Ongoing
Token Supply 150000000
Start Date 2018-01-28
End Date 2018-06-28
Fund Raised (BTC) 42,472,745 VLR tokens sold. 42472.745 ETH collected
Fund Raised (USD) 19112735.25
Start Price (USD) 0.001
Security Audit Company N/A
ICO Legal Form N/A
ICO Jurisdiction N/A
Legal Advisers N/A
Blog http://medium.com/@Valorem
White Paper https://static1.squarespace.com/static/5970abb237c581505171cbae/t/5a4072f80852297f082397f2/1514173224370/Valorem+Whitepaper+Final%281%29.pdf
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