The cryptocurrency market currently boasts of over a thousand different projects and their ICOs all of which is aimed at one part of the society to solve different problems present in the economy or those arising from the use of blockchain technology and this have impacted the crypto world greatly as funds in and investors also enjoy the benefit of earning quick profits on their various investments.
However because these ICOs are numerous, investors are not able to quickly detect the ones that are unprofitable and fraudulent in nature thus ending up investing in bad projects that fold up and cart away their funds. This is a huge problem for the blockchain market and is responsible for spreading bad reviews about the crypto market while also not allowing solid projects to get what they need in order to be of benefit to the crypto market.
It has therefore become important that a solution be found to this demeaning problem and that solution is the VERTEX platform which was kept in place as a trusted medium where users can get ICOs that have been thoroughly vetted and worthy of investments,
VERTEX PLATFORM
This is a unique crypto market built on the Ethereum blockchain that is very much different from crypto exchange platforms as it was created with the aim to offer to users ICOs that are profitable for financial investments by disposing fraudulent and unworthy projects through a tough screening procedure.
How vertex works?
The vertex platform basically wants to reduce investment risk that is prominent in the crypto market through a vetting or filtration process that immediately dispose of fraudulent and unprofitable projects before they get funded to protect investors funds and create a completely functional crypto market.
To do this, this platform makes use of the following methods:
✔️Gathering a body of complete professionals who are successful investors, business inclined individuals and business owners who will be responsible for filtering the projects according to their gathered experience in the crypto market as well as some laid down procedures.
✔️Following the filtration procedure, an estimated value of only about 3% of all the projects vetted initially will be approved by the platform and will get funded by investors after they have been bought into by vertex which will in turn make these vetted projects tokens available on their platform for sales to interested buyers.
Benefits of vertex
The benefits of using the Vertex platform are ones that are mutually satisfying and enjoyed by all parties of the vertex Ecosystem and some of them are:
Provides to users best available ICOs that have passed standard vetting thus reducing greatly the possibility of users investing in scams and fraudulent projects.
Makes available a very rare opportunity for users to invest their funds into some solid projects that are sold privately which normally would not be present in the open market.
Vertex platform provides a very much decentralized system for users where their funds are safely secured in their own wallets and an environment where ICO owners can get the much needed funds to start up their projects.
Token information
The token of this platform is known as VTEX which is a utility token of great importance to the success of the platform as it is the currency to be used in purchasing tokens and the ICOs that have vertex integrated into them will also accept VTEX as a form of payment including their own tokens. The VTEX token can be bought using BTC, ETH and Bitcoin cash.
Token :VTEX
Price 1 VTEX = 0.31 USD
Platform: Ethereum
Accepting ETH, BTC
Minimum investment 50 USD
Soft cap: 3,000,000 USD
Hard cap: 44,700,000 USD
Country: Cayman Islands
Whitelist/KYC KYC & Whitelist
Restricted areas: USA, China
In conclusion, the vertex platform is one of a kind as it proposes a novel idea that will not only bring potential investors to worthy ICOs but also help spread the gospel of cryptocurrency and the blockchain technology.
Team Information
Relevant Links
WebSite: https://vertex.market
Whitepaper: https://vertex.market/static/whitepaper/vertex_whitepaper.pdf
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=4630951.0
Medium: https://medium.com/@official_83664?source=linkShare-5ab3c3779778-1529055568
Twitter: https://twitter.com/Vertexplatform
Telegram: https://t.me/Vertexmarkeplace
Authors information
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1954514