ICO Project VEROS (VRS)
Tokensale Start: 19/03/2020
Tokensale Finish: 03/04/2020
VEROS is a charity platform that helps non-profit organizations raise funds, and also directs funds to eco-innovative projects related to renewable energy sources. The team also developed a mobile application with which organizations and individuals will be able to manage their crypto assets and carry out fundraising.
Business Model Overview VEROS (VRS)
1. The validity of income
The project will receive income from commission fees and the provision of various services. Users will pay a fee for currency conversion, as well as fees from transactions to finance projects. The project team will provide services for the financial evaluation of innovative projects and legal support of investment transactions. The project team will also receive income from user fees for posting advertising content.
2. Number of currencies accepted
The project accepts 4 liquid currencies, namely: BTC, ETH, USDT, USD.
3. Token emission
The project has a limited number of tokens. During the ICO, 994,340,026 issued VRS tokens will be available.
4. Discount on the purchase of tokens
The discount on the purchase of tokens is 10%.
In the provided technological map, the project goals are indicated until the middle of 2022. The project team will create a charity service in the first half of 2020, and an international advertising resource will also be created. In 2022, the authors of the project plan to release an investment platform and launch a venture fund.
6. SOFT CAP / HARD CAP Ratio
The project has an excellent SOFT CAP / HARD CAP ratio, which positively affects its investment attractiveness. The values of SOFT CAP and HARD CAP are $ 1,000,000 and $ 3,000,000, respectively.
7. MVP availability
The project has a developed mobile application available on Google Play, and soon applications will be added to the App Store.
8. Risk assessment and insurance
At the same time, however, there are no risk assessments by international standards, as well as any risk insurance methods, for example, Escrow, which increases the risk of loss of capital of potential token holders.
Criteria of accordance to the international standards of business-planning of UNIDO and EBRD