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Ratings Velix.ID

Identity Verification Over Blockchain

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.

4.2
46 45 expert ratings
Benchy 3.5
KYC
Experts
4.2
4.4
4.0
Review: coming soon PRO
~$2,500,000
value of tokens sold in ICO

Ended
Token
VXD
Type
Price in ICO
1.0000 USD
Country
Whitelist/KYC
Whitelist
Restricted areas
Singapore
preICO start
27th Jan 2018
preICO end
17th Jan 2018
ICO start
17th Apr 2018
ICO end
15th May 2018
Visit ICO website
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Ratings

All ratings published on ICObench serve informational purposes only. ICObench does not provide investment forecast, recommendations or any consulting for that matter. Thus, neither ICObench, nor the experts can be hold responsible for the visitors’ investment decisions. Read more
Vladimir Nikitin

Rated on Apr 7, 2018
5
4
4
4%

No KYC, need more advisors
Interesting idea
Must see MVP

+12Agree
+12
Disagree
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Mofassair Hossain
CEO and Founder Perhalic, ICO Advisor, Investor, PR and Marketing Expert
Rated on Mar 27, 2018
4
5
4
4%

Great team ... Need some advisor on PR social media department and marketing who can help team with strategies ....
Overall vision is also good ...... and I will suggest this ICO for good investment..... Best of luck team

Agree
0
Disagree
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Ilya Anikin
Business strategy, investment deals, investor relations
Rated on Mar 27, 2018
5
5
4
4%

There is no careful comparison with competitors, this suggests that the differences from current products are not so large, for example, compared with KYC on crypto-exchanges or KYC at ICOBench. But in any case, such products are very necessary. The more such products, the better the user will receive the solution.

Agree
0
Disagree
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Karnika Yashwant
ICO Marketing Expert | Launch Strategist | Global Branding and Fundraising Master
Rated on Apr 9, 2018
5
4
4
2%
This rating's weight is reduced by 50% as there is no review added.
Nikolay Shkilev
PhD | Entrepreneur | CEO | ICO Advisor | Crypto enthusiast | Blockchain expert | Public speaker | Mentor
Rated on Apr 11, 2018
4
5
4
2%
This rating's weight is reduced by 50% as there is no review added.
James Sowers
Ico adviser
Rated on Apr 6, 2018
5
5
5
4%

Identity Verification is very important in today’s world these guys are doing great work in the space.

Agree
0
Disagree
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Paul Mears
ICO investor, cryto trader
Rated on Mar 28, 2018
5
5
4
3%

Like the team and product, this is quite competitive but space for a lot of players. I dont think that the early players liek CIVIC have actually achieved much and first mover advantage of guys like that has not been taken utilsed due to poor product
These guys could do well as well with a Asia focus

Agree
0
Disagree
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Rick Tapia
Blockchain Advisor and Consultant
Rated on Mar 27, 2018
4
4
4
2%
This rating's weight is reduced by 50% as there is no review added.
George Han
ICO Advisor
Rated on Mar 30, 2018
4
4
4
2%
This rating's weight is reduced by 50% as there is no review added.
Purushotham Maralappa
Advisor at Emurgo, IEO ICO STO advisor, Crowdfunding, Business Analyst, BI Expert
Rated on Mar 27, 2018
5
5
4
3%

Team is targeting Asia and partnered with major exchanges in asia.
good team and vision, looking for the product.

Agree
0
Disagree
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Bogdan Fiedur
ICO and Blockchain Advisor. Full Stack and Ethereum/Solidity smart contract developer.
Rated on Mar 28, 2018
5
4
4
3%

Strong team and leader familiar with and visible in blockchain space.

There are similar projects in works so it will be not easy to stand out.

Reasonable promotional effect can be noticed.

Your link to bitcointalk doesn't lead to your announcement thread.

I liked your activity on Medium.

Agree
0
Disagree
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Shaf Madina Zaman
Founder - Crypto Society, ICO Advisor, Marketing Consultant, DayTrader, BlockChain Enthusiast,
Rated on Apr 11, 2018
5
5
4
3%

This product is needed in the world

Agree
0
Disagree
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Irina Nikitina
Lawyer
Rated on Apr 8, 2018
4
4
4
1%
This rating's weight is reduced by 50% as there is no review added.
Francesco Redaelli
Co-Founder & President at Koinsquare | Marketing Manager at AidCoin | Campaign Success Manager at 200 Crowd | Advisory Board Member
Rated on Mar 28, 2018
5
4
4
3%

Full team and possibilty to increase more valuable advisors. The vision is quite interestig specially in front of the history moment. Let's see if the product will interesting too.

Agree
0
Disagree
Report
Paul Scott
STO-ITO-ICO Advisory | Strategy | Decentralization | Commercialization
Rated on Mar 29, 2018
3
4
4
3%

I was asked to rate this project by a team member.

The team is fundamentally sound, with a good cross-section of skills. Of concern is the overall lack of deep Blockchain experience and some of the key team members don’t have the project on their LinkedIn profiles so it’s tough to gauge commitment. No KYC as yet.

The vision is sound and I like the proposed target markets. There is competition in this space and early adopters will gain the most benefit. Focussing in areas away from competition is a good idea.

The Whitepaper refers to an MVP that can be downloaded which is good. The technological concept is pretty well understood so I don’t think roll-out will be a huge issue.

Customer acquisition will be key. Would lole to see a few more commercial minds engaged.

Agree
0
Disagree
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Bobby (Borislav) Iliev
ICO Expert & Advisor | Business Development Consultant | Marketing Strategist
Rated on Mar 29, 2018
5
5
3
1%
This rating's weight is reduced by 50% as there is no review added.
Bonnie Normile
Business Development Manager
Rated on Apr 25, 2018
4
4
5
3%

Good overall team. Needs Advisors. Good luck and keep your eye on this project.

Agree
0
Disagree
Report
Arturas Svirskis
Listing tokens to 50+ exchangers, Market Making services, ICO and STO advisory
Rated on Apr 14, 2018
5
5
4
1%
This rating's weight is reduced by 50% as there is no review added.
VAKEESAN MAHALINGAM
ICO Analyst|Content Writer|Trader| CFA Charterholder|Consultant
Rated on Mar 29, 2018
3
3
3
1%
This rating's weight is reduced by 50% as there is no review added.
Warren Whitlock
Blockchain Influencer advising top companies
Rated on Apr 12, 2018
4
5
5
3%

There are many working in this space though I've not seen any who explain it better and suggest such an easy to understand product for the masses

Agree
0
Disagree
Report
Artem Kharchenko
Advisor, IT entrepreneur, information security expert.
Rated on Apr 2, 2018
3
5
4
2%

Ambiguous team (blockchain experience), great idea, interesting to see the MVP.

Agree
0
Disagree
Report
Andrey Zolin
Smart contracts RD | ICO Advisor
Rated on Apr 11, 2018
5
4
4
1%
This rating's weight is reduced by 50% as there is no review added.
Fanjiang Zeng
Cryptocurrency Speciallist, ICO Advisor & Angel Investor
Rated on Apr 2, 2018
4
4
3
2%

Team is good; vision is fine as there are already some competitors in this market; MVP is a must for ICO success

Agree
0
Disagree
Report
Michele Zilocchi
Crypto Expert, Advisor, Business Developer @ Amicaborsa
Rated on Apr 2, 2018
3
4
5
2%

A great product that definitely matches contemporary requirements. KYC is currently too much expensive and the decentralization through Stella BC is potentially a great innovation.
The team does not show impressive success records neither in the Blockchain industry nor in the JYC
I think that this may be a great opportunity if the team will aim high, but without missing some steps

Agree
0
Disagree
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Alex Chang (Chia Ming)
CEO of Golden ICE | Serial Entrepreneur | Expert of Blockchain, Gaming, ICT Industry In Greater China and Northeast Asia
Rated on Apr 1, 2018
4
4
4
2%

Good idea, MVP should be easy deployed.

Agree
0
Disagree
Report
Abishek Mittal
ICO Advisor | ICO Consulting | Project Review |MBA Finance and Strategy |9+ Years of Corporate Experience | Crypto Trading and Investing
Rated on May 8, 2018
4
4
4
2%

Team and vision are good. However, lot many similar projects already existing in this space like Civic, DID, SelfKey and which are trying to address almost similar problem. Tokenomics are bit dicey as the lock-in period or vesting period for team share is quite short.

Agree
0
Disagree
Report
Steven Deurloo
Investor - Advisor
Rated on Apr 7, 2018
4
3
3
1%
This rating's weight is reduced by 50% as there is no review added.
Vladan Podjanin
Co-Founder at CryptoAngel | Blockchain and Cryptocurrency enthusiast
Rated on Apr 12, 2018
5
5
5
1%
This rating's weight is reduced by 50% as there is no review added.
Giannis Stathopoulos
Business Development and Operations
Rated on Apr 11, 2018
5
4
4
1%
This rating's weight is reduced by 50% as there is no review added.
Ilya Orlov
CEO and co-founder of TravelChain | Visionary | Blockchain enthusiast and investor
Rated on Mar 28, 2018
4
5
3
2%

Get the MVP done, the rest is fine

Agree
0
Disagree
Report
Arthur Zubkoff
FinTech & Marketing Consultant
Rated on Apr 13, 2018
3
3
4
2%

Pros:
+- ID verification on blockchain, good cause but not new
+- Good team but lacks international blockchain experts; existing partners
+ Ready MVP, use cases, and comprehensive documentation and media coverage

Cons:
- Current main target is Asia-Pacific
-+ Limited platform usage and customer acquisition is the key
- Lots of similar competitors

Agree
0
Disagree
Report
Stefan Jovanovic
Full-stack Engineer
Rated on Apr 11, 2018
5
5
5
2%

Very good and promising project with strong team in background.

Agree
0
Disagree
Report
Faiz Ahmed Faiz
Chief Strategist @ CoinPromoter, Owner of CoinCritique, Advisor to Skraps, EARTH Token & ERN Token
Rated on Apr 27, 2018
2
3
2
2%

They mentioned Covesting, I worked for Covesting as well, did not find any name I could recognise.

Team: As usual, the team is weak. Really, it takes a lot to convince me of a team. In the team, 6-8 are only meant to help the community and digital presence. No legal person the core team, which is a great concern because we all know what advisors are and how legally entangled this project is.

Vision: I have heard similar concepts before. Nothing unique.

Product: India is a target market and I know how much my data has been abused in India. I am pretty sure I dont want to trust a third party with my data after the adhar debacle.

Agree
0
Disagree
Report
Anurag Rathore
Ico Advisor
Rated on Apr 30, 2018
4
4
4
1%
This rating's weight is reduced by 50% as there is no review added.
Goldman Armando
Competitive Intelligence
Rated on Apr 11, 2018
5
5
5
1%
This rating's weight is reduced by 50% as there is no review added.
Ian Kaplan
Attorney/ CryptoCurrency Consultant
Rated on Oct 5, 2018
5
5
4
2%

This looks like a fantastic team. I agree with the others there is lots of room for competition in this field. Like how they are using the zSbnarks and SCP Platform. Additionally huge potential in the Asian Markets

Agree
0
Disagree
Report
Farabi Shayor
Marketing Professional | Research Experience Lead | Cryptocurrency Specialist
Rated on Apr 11, 2018
4
5
4
1%
This rating's weight is reduced by 50% as there is no review added.
Steve Mann
Blockchain Developer
Rated on Jan 26, 2018
3
4
4
2%

A good vision. A solution to a real world problem.

+1Agree
+1
Disagree
Report
Gabriela Haze
Gabriela Hazboun
Rated on Apr 3, 2018
4
5
5
2%

Identity projects are becoming quite popular recently.

Yet, to the best of my knowledge, no other project tackles the Indian and Australian market, which is good news for VelixID.

However, this field is getting crowded quickly so it is up to the team to craft a way to differentiate their project among other identity verification solutions.

Agree
0
Disagree
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Rick Kennerknecht
Crypto Exchange Listing Consultant
Rated on Apr 11, 2018
1
5
4
2%

I have reduced the Team rating when the PR Manager, Vaishali Verma, asked me to upgrade the rating to a 5-5-5 for no apparent reason other than just to have a better score. I think this unethical and unacceptable. Beware!

The rating stated above are of my own opinion and is not financial advice. I am not a financial advisor, and this is not a place for the giving or receiving of financial advice, advice concerning investment decisions or tax or legal advice. These ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.

+1Agree
+1
Disagree
Report
Pavlos Tzegiannakis
Co-Founder of CORE, ICO advisor, Passionate Investor
Rated on Apr 11, 2018
5
5
5
1%
This rating's weight is reduced by 50% as there is no review added.
Alick Mighall
Investor in financial markets & business owner
Rated on Apr 25, 2018
4
4
3
2%

I like the vision, but this is a crowded space and identity verification is hard.

On the face of it, the team have some good credentials.

Agree
0
Disagree
Report
Amarpreet Singh
Blockchain & ICO Advisor | Fintech | Innovation | Machine Learning | AI | Speaker & mentor
Rated on Mar 30, 2018
5
5
4
1%
This rating's weight is reduced by 50% as there is no review added.
Ivan Khodeev
Risk management specialist
Rated on Apr 26, 2018
5
4
4
1%

+ Strong team
+ MVP
+- ID verification (many similar projects)
- Targeting on Asia and Pacific

Agree
0
Disagree
Report
Josh Graham
CEO of ehab.co
Rated on Apr 6, 2018
5
5
4
1%

Great looking team and vision. The product is certainly useful in the digital age too!

Agree
0
Disagree
Report
Benchy
ICO analyzer bot
3.5
9%

Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.

Ratings and ICO analyzer results are being updated (re-calculated) every few hours.

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ICO KYC Report
2 members invited
Manav Singhal
Passed
Balwant Singh
Passed
KYC procedure verifies selected/specific team members only. It does not guarantee ICO success nor is a call for investment.
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