BTC $ 8,482.25 -1.71898%
ETH $ 182.42 -2.1176%
MARKET CAP $ 231 bln -2.22%
ICOs 5,562

Vernam

ICO Ended
14,824 Views
The world's first 0% commission insurance on the blockchain. Our goal is to revolutionize the insurance industry! We are probably the first company in the world ready to implement a high-end technological solution which will dramatically lower the cost of insurance services while making the business way more efficient and friendly for all parties-from End Clients to major Insurance Companies!

Vernam utilizes blockchain technology to provide:
1. Competitive online marketplace for conventional insurance products by the biggest insurance companies
2. Generous compensation - up to 30% of the policy premium in Vernam tokens (VRN) is returned to clients
3. “CryptoSafe” - a smart contract, guaranteeing that when a defined set of events occur, the client will be compensated with a certain amount of Vernam Tokens (VRN). The newest and most innovative blockchain based insurance product that Vernam will introduce.
9.8
TOTAL SCORE
9.6
ICO PROFILE

(weight: 45%)

10
SOCIAL ACTIVITY

(weight: 35%)

10
TEAM PROOF

(weight: 20%)

Get widget
General
Website: Visit
White paper: Read
Bounty: Bounty
Pre-sale Time: 15 May 2018 - 04 June 2018
ICO Time: 20 Aug 2018 - 20 Sept 2018
Whitelist/KYC: Whitelist + KYC
Country: Bulgaria
Token info
Ticker: VRN
Platform: Ethereum
Token Type: ERC20
Available for sale: 500,000,000 VRN (50%)
Total supply: 1,000,000,000 VRN
Financial
Raised $ 1,000,000
Pre-sale Price : 1 VRN = 0.051 USD
ICO Price: 0.0850 USD
Accepting: ETH, BTC, Fiat
Soft cap: 40,000,000 VRN
Hard cap: 500,000,000 VRN
2017
Founders joined efforts to change the insurance industry and started building the Vernam concept.
January, 2018
Concept was validated by experienced InsurTech executives, who later joined the team.
February, 2018
Angel investment received, start of platform development.
March, 2018
Start of the preparation for a token sale.
Q3, 2018
Listed on an exchange.
Q4, 2018
Vernam platform MVP launch and testing.

Q1, 2019
Vernam broker starting operation in several markets.
Q2, 2019
First CryptoSafe smart contracts signed. Vernam mobile app launch.

Q3, 2018
Development of additional smart contract insurance products.
2020
Operating on 8+ key European markets.
Screenshots taken 16 Mar 2018
PhD Student, MBA Roman Angelov
CEO, Co-founder
Takes part in this project only
Ivan Georgiev
Co-founder
Takes part in this project only
PhD Student, Dipl. Eng Dimitar Mitrev
Co-founder
Takes part in this project only
HBS MBA, Borislav Stefanov
Business Developer
Takes part in this project only
Vesselin Zahariev
Financial Expert
Takes part in this project only
PhD, Prof. Zhelyo Hristozov
Insurance Director
Takes part in this project only
René Rosenberg
German Operations
No participating data
George Matev
General Legal Counsel
Takes part in this project only
Nadya Kaloyanova
CMO
Takes part in this project only
Venimir Petkov
Blockchain & Crypto Expert and Developer
Takes part in this project only
Sevgin Mustafov
Blockchain & Crypto Expert and Developer
Takes part in this project only
George Spasov
Blockchain & Crypto Expert and Developer
Participates in several projects
Branimir Minkov
CTO
Takes part in this project only
PhD, Prof. Angel Doraliyski
Strategic Planning
Takes part in this project only
Milen Radkov
Blockchain developer
Takes part in this project only

Advisors (9)

Boris Cuchran
Insurance Expert
Takes part in this project only
Alexander Shirletov
Financial Expert
No participating data
Ivan Manchev
Marketing Advisor
Takes part in this project only
Nick Todorov
Blockchain & Crypto Expert
Participates in several projects
Nathan Christian
Advisor
Participates in a number of projects
Jason Hung
Advisor
Participates in a number of projects
Simon Cocking
Advisor
Participates in a number of projects
Theodor Tamvakidis
Advisor
Takes part in this project only
Borislav Iliev
Advisor
Participates in several projects
HEIGHT - 0px
WIDTH - 0px
PUT THIS CODE TO YOUR WEBSITE
ICO List
Other Interesting ICOs
Upcoming
Feniks
Feniks.Finance is a new financial blockchain based system, created on a fundamentally new concept, capable of scaling its speed as needed and adding new functionality. Feniks.Finance can be used as an international banking system for information transfer and payment execution. The first version of Feniks.Finance will be able to handle payments and storage of users' funds. Namely, the banking transactions labeled in the SWIFT system with MT103 as payment sent and MT202 as a receipt and crediting of the payment to the account. The next step in the development of the system will be a 700 group of SWIFT operations, namely documentary transactions better known as guarantees and letters of credit. The introduction of the 500 group, that is, the operation with securities, suggests that an exchange will appear in our network.
Pre-Sale
Cannacor
CannaCor and Blockchain Corporation are collaborating with a common vision to bring lasting change in the field of cannabis research, cultivation, processing and distribution. Our goal is to transform the entire cannabis cultivation process to make it as transparent and secure as possible. CannaCor is a licensed producer of medical cannabis and cannabis by-products located in Lesotho, southern Africa. It is supported by a group of professional executives with extensive knowledge and understanding of the needs of the medical cannabis industry. Their economic activities are based on the recently approved production and export of cannabis and cannabis by-products which can be used for medicinal needs. CannaCor has obtained 50 000 m2 of land in Berea, Lesotho, of which 30 000 m2 is permitted for greenhouse or indoor cultivation of cannabis. The remainder of the land will be used for further expansion as demand grows.
Upcoming
AGATE
Agate is the world's most comprehensive decentralized blockchain platform for instant payment without volatility risk to mainstream crypto adoption.
Upcoming
Host.Games
The Host.games is a platform that allows people to set up their own blockchain powered casino, create custom games and invite players! No costs, no complicated development required – Host a game and start generating profits! The Host.games is built on top of a Host Protocol – a next-generation blockchain protocol that supports unlimited scalability which in-turn enables and sustains millions of operating DApps. With Host protocol Host.Games can support viral growth without reaching the limit because of scalability issues!
Pre-Sale
HEROIC
HEROIC.com is taking a new approach to AI-powered threat protection. Utilizing big data, artificial intelligence and the blockchain, combined with a decentralized peer-to-peer threat protection platform, HEROIC.com will change cybersecurity as we know it and make nextgeneration solutions freely available to everyone. HEROIC.com will empower and incentivize developers and companies to create the next generation of cybersecurity through the HEROIC.com Ecosystem, which includes an open threat intelligence exchange called HEROIC Arc Reactor™, a unified security management platform called HEROIC Guardian™, and a Research and Development environment. The motivation for collaboration within this Ecosystem will be incentivized through the blockchain and the use of HEROIC.com’s cryptocurrency, the HRO (pronounced hero).
Upcoming
Fan360
The first sports community for fans, that covers the complete fan experience. Follow your favourite sports star, club or brand and get rewarded for engaging.