bitcoin Bitcoin
ethereum Ethereum
polkadot Polkadot
ripple XRP
Show details
Vertex – Building a Trusted Environment for the ICO Market

Vertex – Building a Trusted Environment for the ICO Market

Reading Time: 3 minutes by on July 14, 2018 Blockchain, ICO/IEO, News
Follow by Email

The ICO market is still a market filled with gaps and nuances that turn it into the wild west of cryptocurrencies. A new project is trying to come up with a solution to this problem. Vertex is building the next generation of ICO platform which will provide a trusted environment for the assessment, evaluation, and validation of Initial Coin Offerings (ICOs). The features Vertex is trying to introduce will undoubtedly make newbies, and professional Investors rush to use the Vertex platform.

What is Vertex Trying to Solve?

The ICO market is a lawless badland where you can find all sorts of people. It is a place where many scammers roam and as so, there is an increasing need for a trusted platform that can provide the most accurate information on ICOs.

In the Initial Coin Offerings market, there are a significant number of platforms promising investors the chance of making millions. Every project offers its version of the blockchain as a way of solving a real-life problem. Every project promises added and new features, but overall they all offer pretty much the same, and some of them will never grow to see the light of day.

Even after many of these projects have gone through a meticulous regulation compliance process as well as implemented all KYC features, many are vetted to die.

This may attract investors who are eager to make an easy profit with the volatility of the crypto market, but the truth is that the majority of the ICOs are poised to fail. On the other hand, experienced investors have a more careful approach and usually avoid this sort of undisciplined investment as they see this volatility as a negative aspect of this new fast money culture. Vertex aims to solve these issues by offering a platform that validates and evaluates projects and companies using ICOs.    

Vertex To benefit the Industry?

The reason that differentiates Vertex from other projects is the fact that it is actually introducing a real solution to a problem that haunts the industry: the undisciplined behavior of the market actors.

To counter the undisciplined behavior of market participants, Vertex will evaluate every ICO and after a rigorous vetting process will buy into those ICOs that have passed the company’s proposed standards and approval. Vertex will then sell these newly acquired tokens to the users on its platform. Vertex will also keep some of the tokens it buys as a way of showing its vested interest.

Vertex will have a team of professional and experienced investors whose mission will be to meticulously evaluate each ICO token using traditional methods regularly used by angels and seed investing companies. Vertex will then buy into these tokens and keep some as long-term investing while selling the remaining tokens to its platform users.

Vertex is also incorporating the core principles referred by Smith & Crown on self-governance as part of its methodology to evaluate ICOs.

New and experienced investors alike will find the platform more than an easy to use. They will find a platform that will allow peace of mind for those investing into Tokens that have passed the company’s team of experts seal of approval. Vertex also offers a safe and transparent environment with accessible information on tokens available to buy through the platform.

The central piece and the main engine of the platform will be its own token – VTEX. VTEX is the platform’s utility token through which users will buy and sell tokens. The VTEX is set to enable the creation of an ecosystem focused on disciplined investment and transparency.

The Vertex platform will offer unique features and implement KYC standards to anyone wanting to participate in the Vertex market. It will offer exclusive access to ICOs and tokens that can only be acquired through Vertex. Besides, the platform user will find tokens at lower prices because Vertex bought into in an early stage and made available at reduced rates.

More information on Vertex can be found here:

Vertex – Telegram group and Twitter

Contact – [email protected]


Disclaimer: BTCManager does not endorse any content or product on this page. While we aim at providing you all important information that we could obtain, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor this article can be considered as investment advice.

Like BTCMANAGER? Send us a tip!
Our Bitcoin Address: 3AbQrAyRsdM5NX5BQh8qWYePEpGjCYLCy4
Join our telegram channel