INVECH IEO - Exchange of Crypto Exchange and Blockchain Technology for Smart City in TIMOR LESTE.
Hello readers on the Golos.io forum. In our meeting today, I will discuss, and introduce a future project that will improve life through technology that will be very useful for all of us to use in the future!
This project is called INVECH! Well, to be clearer about all the procedures for working on this future project, let's follow all my notes below.
Invech Cryptocurrency Exchange is an exchange of cryptocurrency pioneered by Invech Group. Our platform IV token runs on the Ethereum network.
Invech Group is licensed and supported by the government of Timor Leste to implement and regulate, block chains and related cryptocurrency operations such as exchanges, ICOs, mining, consultations, and others.
We aim to make Timor Leste the first Blockchain Smart City in the world, and bring development to the postwar country.
About INVECH Project Tokens.
The Invech Cryptocurrency Exchange project is an exchange of cryptocurrency pioneered by Invech Group. We have our own platform token called Invech Coins or IV which runs on the ERC20 platform.
Licensed and authorized directly from the Government of Timor Leste, our licenses cover the entire framework of the Blockchain and Cryptocurrency, including cryptocurrency, ICO, mining, blockchain solutions, etc. (This is also the first blockchain / cryptocurrency service in Timor Leste).
The INVECH project has a big mission for the future that you can see below :
- Bringing direct business outside and reducing unemployment.
- Manage crowdfunding through controlled procedures.
- Fully tokenize the travel and horticulture industry in Timor Leste.
- Increase human capital and the capacity of the people closest to Timor Leste.
- Give advice and consultation to administration about blockchain and innovation related issues.
- Give instructions and preparation to improve the call. Enhance life through blockchain and innovation to make a developed and stable economy grow.
The IEO is the most ideal route for business groups to offer their coins to the general population with the right portion and directness. We will issue our token, called Invech Token IV, which runs locally on the Blockchain Ethereum, stage ERC20.
Benefits of owning or holding IV tokens.
- Multi-Platform : Invech Tokens will be used at all factual stages of the Invech Group.
- Exchange Discounts : Get a price reduction of up to 60% on exchange fees when exchanging with an IV Token.
- Peer-to-Peer Payments : The ability to use it as P2P installments for businesses and people. The portable wallet will run out.
- Early Bird Discounts : IEO members can have IV Tokens at a limited price and appreciate endless IEO supply tokens.
- Crypto-Fiat : The platform for changing IV Tokens to Fiat will be pushed in 2019.
- Admittedly : IV Tokens are considered real digital money by the East Timor administration.
- To be widely recognized : Aim to become the main installment method for Timor Leste, Blockchain Smart City
- Low Risk Investment : Invech is an official body from the Government of Timor Leste to lead and manage crypto related organizations.
IEO Sales.
- 175,000,000 IV will be open to the public.
- The IEO will run for 60 days starting November 1, 2018.
- Phase 1–30 days: 75,000,000 IV @ 20% discount. Locked for 6 months.
- Phase 2–30 days: 100,000,000 IV @ 10% discount. Locked for 9 months.
- IV Tokens that are not sold at the IEO will be given to Timor Leste.
- Invech Foundation with a 3-year vesting period.
- Soft Cap: 75,000,000 IV Tokens (USD 24,000,000).
- Hard Cap: 175,000,000 IV Tokens, (USD 60,000,000).
- Prices at IEO Stage 1: US $ 0.32 (after a 20% discount).
- Phase 2: US $ 0.36 (after a 10% discount).
Token Information at the INVECH Project.
- Token Name : IV.
- Platform Token : Ethereum.
- Token type : ERC20.
- ICO Price : 0.4000 USD
- Sales Tokens : 175,000,000
- Min. investment : 10 USD
- ICO Distributed : 35%
- Soft stamp : 24,000,000 USD
- Hard stamp : 60,000,000 USD
Token Allocation :
- IEO Post-Reserve : 30.00%
- IEO Stage 1 : 15.00%
- IEO Stage 2 : 20.00%
- Bounty and Airdrop : 5.00%
- Founding Team : 20.00%
- INVECH Foundation : 10.00%
Fund Distribution :
- Security : 10.00%
- Development, Maintenance, Reconstruction and Tranning : 30.00%
- Backup : 30.00%
- Branding and Marketing : 30.00%
- 30% of the funds will be used to build an Invech platform and make improvements to the system, which includes team recruitment, training and development budgets.
- 30% will be used for Invech branding and marketing, including continuous promotion and education of Invech and Blockchain innovations in industrial media. Adequate budget for various advertising activities, to help Invech become popular among investors, and to attract active users to the platform.
- 30% will be saved as a backup to deal with emergencies or unexpected situations that may arise.
- 10% security for scheduled and periodic security reviews, audits and risk management to cover technical and business vulnerability processes.
Invech also wants to provide examples and create public Blockchain services to get a new, more sustainable economic model with high income, to develop a platform for management and procurement of orders, where all processes will be transparent and honest.
The team plans to expand the use of tokens, here only a small list of them such as :
- Health care.
- Payroll
- Insurance.
- Education.
- E-Commerce.
- Payment system.
However, a distributed registry system helps to capture large amounts of data, analyze it quickly, and draw conclusions for solutions that are more effective and necessary for people.
If you are interested in joining this future project, or you want to know all the latest developments in the INVECH Project, you can see directly through the links below :
- WEBSITE : https://invech.io/
- WHITEPAPER : https://tokensale.invech.io/documents/ieo-whitepaper.pdf
- FACEBOOK : https://www.facebook.com/InvechExchange
- TWITTER : https://twitter.com/invechexchange
- TELEGRAM : https://t.me/InvechOfficial
- INSTAGRAM : https://www.instagram.com/invechexchange/
- YOUTUBE : https://www.youtube.com/c/InvechExchange
- SOLD TOKEN : https://ieo.invech.io/register?u=49
- THANK YOU : https://bitcointalk.org/index.php?topic=5052844.0
About me as a writer :
- Author : Restubumi
- My Bitcointalk Address : https://bitcointalk.org/index.php?action=profile;u=2596295
- My ETH Address : 0x81E81B2E38b1EB5C715559bC05df2B135041097b