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Velix.ID

ICO Ended
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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.
9.7
TOTAL SCORE
10
ICO PROFILE

(weight: 45%)

9
SOCIAL ACTIVITY

(weight: 35%)

10
TEAM PROOF

(weight: 20%)

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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.

Functional for use-cases such as e-commerce, KYC, etc.

Users Identified: 130 Million
JANUARY 2019- DECEMBER 2019 — OPERATIONS EXPANSION I
Expansion to 10 other Asia-Pacific Countries for PII Level 0,1.

Users Identified: 200 Million
OCTOBER 2019 — PRODUCT UPGRADE I
App expanded to support PII Level 2.

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.

Users Identified: 300 Million
MAY 2020 — PRODUCT UPGRADE II
App expanded to support PII Level 3.

Functional for use-cases such as Medical Records.
JULY 2021-DECEMBER 2022 — OPERATIONS EXPANSION III
Expansion in Asia, Europe, Africa, and the Americas.

Users Identified: 500 Million
Screenshots taken 7 Feb 2018
Manav Singhal
CEO & Co-founder
Balwant Singh
CTO & Co-Founder
Neer Varshney
Head of Communications & Outreach
Shivam Mehan
Head Of Operations
Guangling Yang
Blockchain Developer
Mike Cunningham
Community Head, Australia
Aajay C.
Community Manager, Australia
Vaishali Verma
PR MANAGER
Sumeer Pai
KYC/ AML EXPERT
Priyanka Pandey
DIGITAL MARKETING
Utsav Shaw
INVESTOR RELATIONS
Piyush Goel
FRONT END DEVELOPER
Aquil Sultan
GRAPHICS
Udit Gupta
INFOSEC
Madhav Bhatt
COMMUNITY MANAGER

Advisors (7)

Mohit Kalra
STRATEGIC ADVISOR (CEO, CoinSecure)
Simon Noonan
TECHNICAL ADVISOR (CIO, Sportsbet)
Tony Simonovsky
MARKETING ADVISOR
Manan Mehta
STRATEGIC ADVISOR
Prof Simon Choi
LEGAL ADVISOR
Peter O'Neill
STRATEGIC ADVISOR (President, FindBiometrics)
Mickaël Fourgeaud
INVESTMENT ADVISOR (CEO, PrimaBlock)
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