Velix.ID

Velix.ID

ICO Ended
22,473 Views
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 — 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.
9.3
TOTAL SCORE
10
ICO PROFILE

(weight: 45%)

10
TEAM PROOF

(weight: 20%)

Get widget
General
Website: Visit
White paper: Read
Bounty: Bounty
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 — 5 % 0.5 - 1 ETH — 10 % 1 - 5 ETH — 20 % 5 - 10 ETH — 30 % 10 - 50 ETH — 40 %
JUNE 2016 — CONCEPTUALIZATION
A blockchain-based universal unique ID for each individual.
JUNE 2016 - MARCH 2017 — RESEARCH & DEVELOPMENT
Testing the concept over Bitcoin's, Ethereum’s, Stellar’s and other available blockchains.
APRIL 2016 - NOVEMBER 2017 — VALIDATION
Architecting the idea with a hybrid blockchain of Ethereum and Stellar — validation of idea by technical advisors.
DECEMBER 2017 — PUBLIC LAUNCH
Concept launched publicly — Website, White Paper, and Public Communications, presenting the idea to potential advisors & partners.
NOVEMBER 2017 - MARCH 2018 — TEAM EXPANSION
Seed-funding raised, team expanded with Developers, Blockchain & Smart Contracts Experts, and PR, Strategy, and Marketing Professionals.
JANUARY 2018 — MVP & SMART CONTRACT
Minimal Viable Product developed and launched on play store, and Smart Contract Deployed.
APRIL 2018 — TOKEN SALE
Presale and Crowdsale for the VXD tokens with bonuses.
MAY 2018- OCTOBER 2018 — MVP BETA TESTING
MVP & Velix.ID Blockchain beta testing & development as per feedback from industry experts and Ecosystem users.
NOVEMBER 2018 — 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 — OPERATIONS EXPANSION I
Expansion to 10 other Asia-Pacific Countries for PII Level 0,1. <br /> <br /> Users Identified: 200 Million
OCTOBER 2019 — 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 — OPERATIONS EXPANSION II
Further expansion in Asia-Pacific and Western Europe. <br /> <br /> Users Identified: 300 Million
MAY 2020 — PRODUCT UPGRADE II
App expanded to support PII Level 3. <br /> <br /> Functional for use-cases such as Medical Records.
JULY 2021-DECEMBER 2022 — 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
Mickaël Fourgeaud
INVESTMENT ADVISOR (CEO, PrimaBlock)
Participates in a number of projects
HEIGHT - 0px
WIDTH - 0px
PUT THIS CODE TO YOUR WEBSITE
ICO List
Other Interesting ICOs
Upcoming
Escrowblock
The aim of the project is to create an EscrowBlock platform for the Ethereum network blockchain. Such a platform can work as an independent environment, or be integrated into other Smart contracts, to provide escrow services as part of any other projects. The team will start the project on Mainnet Ethereum blockchain and then make a fork for providing an independent service.
Upcoming
MetaShooter
Metashooter is the first decentralized blockchain-based hunting metaverse that joins millions of hunting enthusiasts in a community where they can: Experience real hunting: Play in tournaments, multiplayer, and with stunning visuals with VR compatibility; Hunt & Earn: Receive token rewards by hunting trophies, wining tournaments, and more; Customize & Upgrade: Buy, upgrade hunting equipment and customize your hunter; Develop: Buy hunting lands, build towers, breed NFT dogs, and earn passive income; Explore the open World: Experience various environments, stunning visuals and realistic dynamics.
Upcoming
Elements Estates
"Elements Estates is creating a Blockchain-based platform with underlying unique portfolio of real estate deriving from banks’ distressed assets. The platform will offer the ability to utilize ELES tokens through purchase or rent of real estate and other services, all primarily related to newly developed and modern properties in platform ownership. Elements Estates is giving you the opportunity to get involved in something that will enable growth of token value from unlocking the hidden value of the distressed assets deriving from non-performing bank portfolios, usually reserved for major players."
Upcoming
MeFy
Mefy works on a subscription-based model, where the user of MeMe Care subscribes for yearly subscription allowing them any number of tests throughout the year for the cost of just consumables. Through its eConsult feature it connects worldwide doctors to worldwide patients thereby resolving accessibility issues and with its MeMe Edge device, it provides authenticity to the test conducted.
Upcoming
INVERSE
INVERSE is a DeFi based platform that provides an array of smart-contract features with integrated time-based options. Users have the opportunity to speculate on the drop in value of a suite of Defi coins by utilizing the multiple 'tracking vaults' on the platform. XIV, the protocol's native token, is used to unlock these vaults, and then staked within these vaults for no more than 7 days. As their name implies, these vaults track the real-time price movements of select DeFi tokens (i.e. COMP, AAVE, UNI, YFI). After 7 days, if the value of the DeFi asset being tracked has dropped by a certain percentage, the user will gain a significant percentage yield on the amount of XIV held within the tracking vault. If the price of the DeFi asset does not drop in value beyond the predetermined percentage by the end of the 7-day staking period, the user will forfeit a portion of their staked XIV. Rewards will be automatically disbursed to the user’s web3 browser wallet at the end of the 7-day staking period. Ultimately, INVERSE offers users the option to hedge against the volatility of select crypto assets.
Upcoming
Coolomat
Coolomat Market will change the online e-commerce grocery sector with an innovative approach connecting customers and producers, big and small, over a new innovative online platform utilizing blockchain technology and open source software. A big “game changer” is the connection to physical click & collect pick up point devices – Coolomats. Our devices present the first and the only worldwide network of such kind.