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Velix.ID

Velix.ID

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As the contemporary methods of identity verification take too long to process, incur a massive financial loss for both businesses and consumers, and often compromise the personal information of the consumers β€” Velix.ID is decentralizing the process using smart contracts, zero-knowledge proofs (zSNARKs), and stellar consensus protocol (SCP) to build an ecosystem that is Universal, Obscure, Transparent, Decentralized, Time-Efficient, and Cost-Efficient.

Velix.ID Ecosystem has its own native VXD utility tokens which will be used to transact identity verification between the stakeholders in the ecosystem.

The initial target markets are India & Australia with over 1.3 Billion identities, to be followed with operations launch in Asia-Pacific and UK.

The Velix.ID team and advisors come with extensive experience in the cryptocurrency industry with a varied background including from Cointelegraph, BnkToTheFuture, KickICO, PundiX, Propy, Trade.io, Covesting, Crypterium, and The Next Web.
Software Platform Internet Cryptocurrency Business Big Data
9.3
TOTAL SCORE
10
ICO PROFILE

(weight: 45%)

10
TEAM PROOF

(weight: 20%)

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General
Website: Visit
White paper: Read
Bounty: Bounty
MVP: Available
Pre-sale Time: 27 Jan 2018 - 31 Jan 2018
ICO Time: 17 Apr 2018 - 15 May 2018
Whitelist/KYC: Whitelist
Country: Singapore
Token info
Ticker: VXD
Platform: Ethereum
Token Type: ERC20
Available for sale: 35,000,000 VXD (35%)
Total supply: 100,000,000 VXD
Financial
Raised $ 2,500,000
ICO Price: 1 VXD = 1 USD
Accepting: ETH, BTC, XRP, LTC
Soft cap: 2,500,000 USD
Hard cap: 23,800,000 USD
Bonuses: 0.1 - 0.5 ETH β€” 5 % 0.5 - 1 ETH β€” 10 % 1 - 5 ETH β€” 20 % 5 - 10 ETH β€” 30 % 10 - 50 ETH β€” 40 %
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Links: Bitcointalk
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JUNE 2016 β€” CONCEPTUALIZATION
A blockchain-based universal unique ID for each individual.
JUNE 2016 - MARCH 2017 β€” RESEARCH & DEVELOPMENT
Testing the concept over Bitcoin's, Ethereum’s, Stellar’s and other available blockchains.
APRIL 2016 - NOVEMBER 2017 β€” VALIDATION
Architecting the idea with a hybrid blockchain of Ethereum and Stellar β€” validation of idea by technical advisors.
DECEMBER 2017 β€” PUBLIC LAUNCH
Concept launched publicly β€” Website, White Paper, and Public Communications, presenting the idea to potential advisors & partners.
NOVEMBER 2017 - MARCH 2018 β€” TEAM EXPANSION
Seed-funding raised, team expanded with Developers, Blockchain & Smart Contracts Experts, and PR, Strategy, and Marketing Professionals.
JANUARY 2018 β€” MVP & SMART CONTRACT
Minimal Viable Product developed and launched on play store, and Smart Contract Deployed.
APRIL 2018 β€” TOKEN SALE
Presale and Crowdsale for the VXD tokens with bonuses.
MAY 2018- OCTOBER 2018 β€” MVP BETA TESTING
MVP & Velix.ID Blockchain beta testing & development as per feedback from industry experts and Ecosystem users.
NOVEMBER 2018 β€” PRODUCT PUBLIC LAUNCH
Velix.ID App launch for PII Level 0, 1. <br /> <br /> Functional for use-cases such as e-commerce, KYC, etc. <br /> <br /> Users Identified: 130 Million
JANUARY 2019- DECEMBER 2019 β€” OPERATIONS EXPANSION I
Expansion to 10 other Asia-Pacific Countries for PII Level 0,1. <br /> <br /> Users Identified: 200 Million
OCTOBER 2019 β€” PRODUCT UPGRADE I
App expanded to support PII Level 2. <br /> <br /> Functional for use-cases such as Hotel booking and Employment Details.
JANUARY 2020-JUNE 2021 β€” OPERATIONS EXPANSION II
Further expansion in Asia-Pacific and Western Europe. <br /> <br /> Users Identified: 300 Million
MAY 2020 β€” PRODUCT UPGRADE II
App expanded to support PII Level 3. <br /> <br /> Functional for use-cases such as Medical Records.
JULY 2021-DECEMBER 2022 β€” OPERATIONS EXPANSION III
Expansion in Asia, Europe, Africa, and the Americas. <br /> <br /> Users Identified: 500 Million
Screenshots taken on 7 Feb 2018
Manav Singhal
CEO & Co-founder
Participates in a number of projects
Balwant Singh
CTO & Co-Founder
Participates in a number of projects
Neer Varshney
Head of Communications & Outreach
Participates in a number of projects
Shivam Mehan
Head Of Operations
Participates in a number of projects
Guangling Yang
Blockchain Developer
Participates in a number of projects
Mike Cunningham
Community Head, Australia
Participates in a number of projects
Aajay C.
Community Manager, Australia
Participates in a number of projects
Vaishali Verma
PR MANAGER
Participates in a number of projects
Sumeer Pai
KYC/ AML EXPERT
Participates in a number of projects
Priyanka Pandey
DIGITAL MARKETING
Participates in a number of projects
Utsav Shaw
INVESTOR RELATIONS
Participates in a number of projects
Piyush Goel
FRONT END DEVELOPER
Participates in a number of projects
Aquil Sultan
GRAPHICS
Participates in a number of projects
Udit Gupta
INFOSEC
Participates in a number of projects
Madhav Bhatt
COMMUNITY MANAGER
Participates in a number of projects

Advisors (7)

Mohit Kalra
STRATEGIC ADVISOR (CEO, CoinSecure)
Participates in a number of projects
Simon Noonan
TECHNICAL ADVISOR (CIO, Sportsbet)
Participates in a number of projects
Tony Simonovsky
MARKETING ADVISOR
Participates in a number of projects
Manan Mehta
STRATEGIC ADVISOR
Participates in a number of projects
Prof Simon Choi
LEGAL ADVISOR
Participates in a number of projects
Peter O'Neill
STRATEGIC ADVISOR (President, FindBiometrics)
Participates in a number of projects
MickaΓ«l Fourgeaud
INVESTMENT ADVISOR (CEO, PrimaBlock)
Participates in a number of projects
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