BTC $ 61,878.21 -1.81038%
ETH $ 2,428.35 -1.93308%
MARKET CAP $ 2231 bln -0.88%
ICOs 6,591

Velix.ID

ICO Ended
18,681 Views
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%)

Get widget
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 on 7 Feb 2018
Manav Singhal
CEO & Co-founder
Takes part in this project only
Balwant Singh
CTO & Co-Founder
Takes part in this project only
Neer Varshney
Head of Communications & Outreach
Takes part in this project only
Shivam Mehan
Head Of Operations
Takes part in this project only
Guangling Yang
Blockchain Developer
Takes part in this project only
Mike Cunningham
Community Head, Australia
Takes part in this project only
Aajay C.
Community Manager, Australia
Takes part in this project only
Vaishali Verma
PR MANAGER
Takes part in this project only
Sumeer Pai
KYC/ AML EXPERT
Participates in several projects
Priyanka Pandey
DIGITAL MARKETING
Takes part in this project only
Utsav Shaw
INVESTOR RELATIONS
Takes part in this project only
Piyush Goel
FRONT END DEVELOPER
Takes part in this project only
Aquil Sultan
GRAPHICS
Takes part in this project only
Udit Gupta
INFOSEC
Takes part in this project only
Madhav Bhatt
COMMUNITY MANAGER
Takes part in this project only

Advisors (7)

Mohit Kalra
STRATEGIC ADVISOR (CEO, CoinSecure)
Takes part in this project only
Simon Noonan
TECHNICAL ADVISOR (CIO, Sportsbet)
Takes part in this project only
Tony Simonovsky
MARKETING ADVISOR
Participates in a number of projects
Manan Mehta
STRATEGIC ADVISOR
Participates in several projects
Prof Simon Choi
LEGAL ADVISOR
Participates in a number of projects
Peter O'Neill
STRATEGIC ADVISOR (President, FindBiometrics)
Takes part in this project only
Mickaël Fourgeaud
INVESTMENT ADVISOR (CEO, PrimaBlock)
Takes part in this project only
HEIGHT - 0px
WIDTH - 0px
PUT THIS CODE TO YOUR WEBSITE
ICO List
Other Interesting ICOs
Upcoming
Dafi Protocol
All decentralized economies distribute tokens to users. The problem is that distributing tokens when adoption is low, creates an excess supply & devalues the economy. There is no link between the release of network supply and the network's adoption. This harms longer-term users and only favours short-term participants. Dafi introduces the first alternative since Bitcoin, to use network rewards for building a decentralized economy. Instead of directly issuing tokens for staking & liquidity – Dafi ties synthetics to each network's adoption. This means that the token release & network demand is proportional. Meaning users are still incentivized when adoption is low, but by being rewarded later, not earlier. By linking these two factors, it attracts longer-term users to be incentivized longer, supporting adoption. Dafi enables every protocol and platform to create a synthetic flavour from their native token. This is then algorithmically pegged to the demand of their network and distributed to users. Synthetic dTokens on Dafi can be created by projects and distributed to their users for Staking, Nodes, Liquidity, or even Participation/Bounty rewards. Individuals can stake the DAFI token for governance and collateralize the creation of dDAFI, the first synthetic unit which is tied to network demand. The quantity of the synthetic can increase only as network adoption rises – incentivizing longer-term users.
Upcoming
Eloncity
ELONCITY decentralizes our power infrastructure into millions of self sufficient microgrids. Locally produced energy is available 24/7 and directly competitive to utilities. Energy price becomes transparent to all. People use Eloncity's open technologies to make electricity virtually free so that we can electrify the world with clean energy.
Upcoming
Verity
Verity makes it easy for people to get paid for reporting on real-time events and information around them, while developers can get any data they want in a cheap, fast and secure data feed. It uses sub-ms network to process data with wisdom of the crowd approach and uses blockchain‑as‑a‑court‑system on Ethereum network to guarantee security and fairness.
Upcoming
Plentix
The advent of cryptocurrencies and the tokenized economy makes it possible to re-imagine the entire value chain of consumer, products, and producers from a referral perspective. We present Plentix, a tokenized platform that enables users to refer other users to a business entity and enables business entities to leverage existing APIs for industry specific referrals and allows for safe, secure, trustless value exchange to take place. Unlike other referral platforms, Plentix unleashes the potential of a new global ecosystem to monetize referrals for every stakeholder, from the producer to the consumer.
Upcoming
Orion Protocol
ORION is a new kind of blockchain investment platform that combines the best features of exchanges, brokerages, and instant trading apps. The platform is built around a liquidity aggregator connected to all of the major crypto exchanges, as well as its own internal decentralized exchange, enabling users to gain the best price for their trades from a single portal. Along with powerful tools for portfolio management, ORION offers exceptional security, convenience, and flexibility. The platform is suitable for experienced traders, institutional investors, and newcomers alike.
Upcoming
DocTailor
DocTailor is a unique self customizing smart legal contract platform, that allows, lawyers, individuals and organizations to send and create legal tailor-made smart contracts and agreements on the blockchain without developer experience.Bridging the gap between the trillion dollar crypto economy market.