INVECH GROUP
- Integrity
- Nurturing
- Value creation
- Excellence
- Competence
- Humanitarian
Invech Cryptocurrency Exchange is the cryptocurrency exchange lead by Invech Group. INVECH have their own platform coins called Invech Coins or IV coins which runs on the ERC20 platform. Most importantly Invech is Licensed and approved directly by the Timor Leste Government, the first blockchain / cryptocurrency service coming out of Timor Leste. Their license covers the whole blockchain and cryptocurrency framework, including cryptocurrency exchange platforms, ICOs, IEOs, mining farms, blockchain solutions any many more.
Current Problems
Insufficient Human capital
Human capital is called the set of collective skills, knowledge, or other assets of individuals that can be used to create economic value for the individuaIs, their employers, or their community:
Unequal distribution of wealth causing severe poverty or income inequality
Inequality of income is the different distribution of household or individual income over the various individuals in the economy. It is presented as the the percentage of lncome related to a percentage of the popuIation.
Absence of a national currency
At present day, the absence of a national currency has constrained their monetary and exchange rate policies. There is no any interest rate policy, or broad money management.
Introduction
The need for an advance, up to date, user friendly and most importantly, safe exchange platform is growing every day. As traders/ crypto investors tends to have multiple accounts across multiple exchanges to prevent keeping all their eggs in 1 basket.
Vision
Improving lives through blockchain and technology to create a stable and thriving digital economy
Mission
- To introduce an alternative currency through the creation of Invech Token.
- Bringing in foreign direct investment & decreasing unemployment rate.
- Regulating crowdfunding through controlled processes.
- To fully tokenize tourism and agriculture in Timor Leste.
- Improving human capital and capabilities of the local people of Timor Leste.
- To provide advice and consultancy to the government on blockchain and technology related matters.
- To provide education and training to improve livelihood
The Blockchain Smart City
After the birth of bitcoin, during the past decade the Blockchain has become one of the leading and advancing technologies when it comes to planning a smart city of the future. Blockchain is debuted as a digital Iedger for store of value back in 2009 with the cryptocurrency. Since then its been a revolution in the cryptocurrency sector.
INVECH TOKEN
INVECH TOKEN or IV token is the platform token used by Invech in all of its project.
IV tokens can be used as a platform token for Invech Cryptocurrency Exchange, and later will be able use on all of Invech licensed businesses. 500 million of IV tokens has been create on the ERC20 platform, and the amount of IV tokens will never increase nor decreased, amount is fixed. IV token is based on the Ethereum blockchain, ERC20 platform.
Benefits of having or holding IV token
- Exchange Discount — When trading with IV tokens, exchange is reducing up to 60% on transaction fee.
- Multi-Platform — IV Token will be able use on all platforms of Invech Group’s business after exchange launch.
- Peer-to-Peer Payment — Ability to use it as Peer 2 Peer payment for bussines. Android on iOS base mobile wallet to be released.
- Early Bird Discounts — IEO participants can own IV Tokens at a discounted rate and enjoy token appreciation upon completion of IEO.
- Crypto-Fiat — Platform for converssion of IV Token to Fiat will be launched in Q4 2019.
- Recognized — Invech Token is recognized as a legitimate cryptocurrency by the Timor Leste government.
- To be widely accepted — Aims to be the main mode of payment for Timor Leste — Blockchain Smart City.
- Low Risk Investment — IV is the licensed body from the Government of Timor Leste to conduct and regulate crypto related businesses.
Token Distribution
Conclusion
With the backup from various parties incIuding in different countries, I believe that INVECH will bring foreign investors & reduce the percentage of unemployment. The lnvech Tokens will be the starting point for econemic change in Timor Leste.
In case you want to find out more, you the below links:
- Website: https://invech.io/
- ANN thread: https://bitcointalk.org/index.php?topic=5052844.0
- Twitter: https://twitter.com/invechexchange
- Facebook: https://www.facebook.com/InvechExchange
- Instagram: https://instagram.com/invechexchange
- Telegram: https://t.me/InvechOfficial
- Youtube: https://youtube.com/c/InvechExchange
- Medium: https://medium.com/@bountyinvech/
- Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=2646618