Tuesday, October 16, 2018

V-ID Token Pre-Sale Live! Everything is Becoming Digital

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About V-ID

  1. The V-ID validation service uses blockchain technology to end all document fraud.
  2. Our client base, with customers like Airbus Space & Defence, operates in various fields, including education, medical, research, and tech. V-ID has an operational platform for paying customers. You can visit the MVP on https://www.v-id.org
  3. As an existing company specialized in secure communication tools, V-ID is a supplier of API’s that can seamlessly integrate blockchain validation services into any other system or platform. In this way, V-ID is transforming into a market leader in file fraud protection, just like SSL has become for secure internet connections.
  4. V-ID tokens will serve as a native payment system for validation and the sale event allows you to buy V-ID tokens with signing bonuses. Furthermore, we can guarantee exchange listing through our partnership with Alterdax.

V-ID Token

Technique

  1. Blockchain Ethereum (ERC20)
  2. Proof Type Not mineable

Technical = Non-native Protocol Token The V-ID utility token is an ERC20 token that is used to identify wallet addresses (for issuers / validating parties) and is used as payment per validation.

Purpose / underlying value = Network Token / Network Value Token. The platform can be used online (human interface) and will be expanded with a number of apps, white label widgets and SOAP and REST APIs, to form the ultimate safe bridge for validating and verifying with most common modern software (using web services and system interfaces).

Utility / Legal status = Usage Token / Utility Token The V-ID blockchain is anchored in both the Bitcoin and Ethereum blockchain. A third blockchain is expected but is not yet scheduled. The token price must be high enough to cover the operational costs of V-ID, including Ethereum and Bitcoin transaction fees.

Utility and scarcity

  1. B2B V-ID tokens are at the heart of the validation process. To validate files, a publishing party pays with V-ID tokens. The transactions are key to the identification and confirmation of the publishing party.
  2. B2C After first establishing a client base of medium to large businesses, the V-ID Platform will be further developed to facilitate consumer-oriented services. These services will open up an additional market of consumers, who will use V-ID tokens for a range of applications around online identification, rights management, and file validation.
  3. Loyalty To validate a file, a V-ID token is transferred from the wallet of the publishing party to the V-ID Validation Wallet. V-ID token holders, who sign up for V-ID’s H-Program and hold at least 100K V-ID for 3 months, are eligible to receive a Quarterly Bonus of V-ID tokens after this period.

V-ID Token Sale

  1. The public Token Sale Event planned to commence of Sep 15th, 2018, is
  2. characterized by the following: Pre Sale start date: 15 Sep 2018
  3. Public start date: 15 Oct 2018
  4. Token Sale end date 15 Dec 2018
  5. Max VIDT tokens 100M
  6. VIDT token price $ 0.20
  7. Soft cap: $ 1M
  8. Hard cap: $ 8M

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V-ID Token Distribution

100 million (100,000,000) V-ID Tokens will be distributed according to the schedule below.

The V-ID validation service uses blockchain technology to end all document fraud. Our client base, with customers like Airbus Space & Defence, operates in various fields, including education, medical, research and tech. Join the conversation!

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  1. Website V-ID Verification: https://www.v-id.org/
  2. Website Token Sale: https://token.v-id.org/?2
  3. Whitepaper: https://token.v-id.org/page/v-id-business-white-paper.php

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