Verso ICO

Verso Hot

Verso is a decentralised marketplace for the regulated financial service industry. It bridges the gap between traditional finance (CeFi) and DeFi by standardising how financial products get distributed and connected to consumers via regulated e-wallets and bank accounts.

ICO Details

Status
Past
Starting date
April 25th, 2021
Ending date
April 25th, 2021
Whitelist
No
Token Sale Hard Cap
$ 5,000,000
Token Sale Soft Cap
$ Already reached
Token Symbol
VSO
Token Type
Avalanche C-Chain
Token Distribution
Team, 10%, 10,000,000 tokens, value $500,000

Advisors, 5%, 5,000,000 tokens, value $250,000

Ecosystem and Dev, 16%, 16,000,000 tokens, value $800,000

Marketing and Rewards, 13%, 13,000,000 tokens, value $650,000

Liquidity, 6%, 6,000,000 tokens, value $300,000

Seed Sale, 3%, 3,000,000 tokens, value $150,000

Private Sale, 12%, 12,000,000 tokens, value $600,000

Public Sale, 35%, 35,000,000 tokens, value $1,750,000

Total: 100%, 100,000,000 tokens, Value $5,000,000

Initial Token Price
$0.05
KYC
Yes
Participation Restrictions
Not be domiciled in the USA or any UN-sanctioned countries.
Features

Verso is built for the regulated financial service industry and community-governed by its participants, which comprises financial service providers and regulated financial institutions. It uses proprietary smart contracts to facilitate the distribution and product-specific money flow between service providers, financial institutions, and their customers.

As a result, there is reduced reliance on intermediaries, significantly lower distribution costs, and higher efficiency. We are building Verso so that financial products can conveniently be offered to people across the world and within the existing relationships they have with their e-wallets or their bank.

Verso will rest on Avalanche. With Avalanche, Verso will be able to dramatically reduce the cost of network fees by a factor of several thousand. Taking a $5 - $100 microloan will not cost $20 - $40 in-network fees this way, but instead only a few cents, at most.

Core Team


Gregor Arn
CEO


Barry Hurley
Product Lead


Ivan Reif
Blockchain Lead


Pascal Kurzawa
Ecosystem Development

Advisory Team