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Vernam

Vernam

ICO Ended

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Last screenshot taken on
26 Mar 2020 .

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The world's first 0% commission insurance on the blockchain. Our goal is to revolutionize the insurance industry! We are probably the first company in the world ready to implement a high-end technological solution which will dramatically lower the cost of insurance services while making the business way more efficient and friendly for all parties-from End Clients to major Insurance Companies!

Vernam utilizes blockchain technology to provide:
1. Competitive online marketplace for conventional insurance products by the biggest insurance companies
2. Generous compensation - up to 30% of the policy premium in Vernam tokens (VRN) is returned to clients
3. “CryptoSafe” - a smart contract, guaranteeing that when a defined set of events occur, the client will be compensated with a certain amount of Vernam Tokens (VRN). The newest and most innovative blockchain based insurance product that Vernam will introduce.

Software Smart Contract Platform Cryptocurrency Business

9.8

TOTAL SCORE

9.6

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: 15 May 2018 - 04 June 2018

ICO Time: 20 Aug 2018 - 20 Sept 2018

Whitelist/KYC: Whitelist + KYC

Country: Bulgaria

Token info

Ticker: VRN

Platform: Ethereum

Token Type: ERC20

Available for sale: 500,000,000 VRN (50%)

Total supply: 1,000,000,000 VRN

Financial

Raised $ 1,000,000

Pre-sale Price : 1 VRN = 0.051 USD

ICO Price: 0.0850 USD

Accepting: ETH, BTC, Fiat

Soft cap: 40,000,000 VRN

Hard cap: 500,000,000 VRN

Social media

Links: Bitcointalk

Facebook

Twitter

Telegram

Reddit

Github

Medium

Youtube

2017

Founders joined efforts to change the insurance industry and started building the Vernam concept.

January, 2018

Concept was validated by experienced InsurTech executives, who later joined the team.

February, 2018

Angel investment received, start of platform development.

March, 2018

Start of the preparation for a token sale.

Q3, 2018

Listed on an exchange.

Q4, 2018

Vernam platform MVP launch and testing.<br /> <br />

Q1, 2019

Vernam broker starting operation in several markets.

Q2, 2019

First CryptoSafe smart contracts signed. Vernam mobile app launch.<br /> <br />

Q3, 2018

Development of additional smart contract insurance products.

2020

Operating on 8+ key European markets.

Screenshots taken on 16 Mar 2018

Vernam ICO

Vernam ICO

Vernam ICO

Vernam ICO

Vernam ICO

PhD Student, MBA Roman Angelov

CEO, Co-founder

Participates in a number of projects

Ivan Georgiev

Co-founder

Participates in a number of projects

PhD Student, Dipl. Eng Dimitar Mitrev

Co-founder

Participates in a number of projects

HBS MBA, Borislav Stefanov

Business Developer

Participates in a number of projects

Vesselin Zahariev

Financial Expert

Participates in a number of projects

PhD, Prof. Zhelyo Hristozov

Insurance Director

Participates in a number of projects

René Rosenberg

German Operations

No participating data

George Matev

General Legal Counsel

Participates in a number of projects

Nadya Kaloyanova

CMO

Participates in a number of projects

Venimir Petkov

Blockchain & Crypto Expert and Developer

Participates in a number of projects

Sevgin Mustafov

Blockchain & Crypto Expert and Developer

Participates in a number of projects

George Spasov

Blockchain & Crypto Expert and Developer

Participates in a number of projects

Branimir Minkov

CTO

Participates in a number of projects

PhD, Prof. Angel Doraliyski

Strategic Planning

Participates in a number of projects

Milen Radkov

Blockchain developer

Participates in a number of projects

Advisors (9)

Boris Cuchran

Insurance Expert

Participates in a number of projects

Alexander Shirletov

Financial Expert

No participating data

Ivan Manchev

Marketing Advisor

Participates in a number of projects

Nick Todorov

Blockchain & Crypto Expert

Participates in a number of projects

Nathan Christian

Advisor

Participates in a number of projects

Jason Hung

Advisor

Participates in a number of projects

Simon Cocking

Advisor

Participates in a number of projects

Theodor Tamvakidis

Advisor

Participates in a number of projects

Borislav Iliev

Advisor

Participates in a number of projects

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