Valorem Foundation is developing a unique platform with the following features: Microloans, Student Loans, Car Loans, P2P Networks, Business Investing, Crowdfunding, Buying/Selling of goods, Insurance and Charity. . Valorem Foundation ICO rating – not rated.
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Ended ICO : 01/12/17 – 12/01/18
About Valorem Foundation ICO (token sale)
Valorem ICO – Presale is live now!
Valorem Foundation is focused on creating seamless, quick, blockchain verified and smart contract approved transactions. A system where value creation is the focus and results, not just in jobs, but also in everlasting value. In its entirety, Valorem Foundation has the potential to be a one stop shop for all financial transactions allowing the user’s to benefit from an ecosystem with a real value of exchange. It will be a place where one can go, borrow money for a car, sell something they made, give to their favorite charity, or even pay for their insurance and so much more.
What is Valorem?
Valorem is a decentralized blockchain that governs itself by establishing trust between all users utilizing verifications via the Valorem Platform. Implementation of smart contracts from Etherium the ever-expanding Valorem platform allows for an array of services via our cryptocurrency. In order to use the platform, a user must exchange their tokens into the
What is the vision?
The vision is simple. The people who are in this project are tired of paying more and getting less in their respected countries. We are tired of using fiat currency that goes down in true value instead of up. We want more buying power. We want to create an ecosystem that generates value and we will do that by adding users, vendors, partners, trade’s people, and various other interests that will allow us to keep exchange on the platform a valuable one. We want to create and add-value. Simple.
What does Valorem stand for?
Value must be estimated & proportionate to the goods and transactions concerned. Valorem platform will be a decentralized blockchain hub where all sorts of transactions can take place. Users can use our technology to start businesses, become their own payment processing company, allow lending, and so much more. The purpose of Valorem is to be a platform of simplicity and transparency for both parties of a transaction.
What the name of the token?
The token is called the VLR.
What are the details of the Token Sale?
Our goal is to raise a maximum of $60 million USD and a minimum of $45 Million USD. Some of the numbers may change with Eth/USD exchange rates and volatility, but the following numbers are best effort estimates as of 9/28/17. ETH was $298 and BTC was $4,165.
- Maximum Financing: 201,342 ETH and/or 14,405 BTC – this may change with exchange rates
- Minimum Financing: 151,007 ETH and/or 10,804 BTC – this may change with exchange rates
- Exchange Rate: 1 ETH = 200 VLR
- Token Contract Address: (Published through various channels 48 hours before sale launch)
- Launch Date & Time: Nov 10th 2017
- End of Token Sale: Jan 11th 2018 (60 days)
- Token Launch Completion: Token Sale will end when the max number of ETH/BTC is reached
- Bounty: 5-7% of reserve tokens
- Burn: 10-20% after end of ICO