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Milestones Vernam

The Future Of Insurance

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.

4.2
19 18 expert ratings
Benchy 3.9
KYC
Experts
4.4
4.4
4.0
Review: coming soon PRO
~$1,000,000
value of tokens sold in ICO

Ended
Token
VRN
Type
Price in preICO
1 VRN = 0.051 USD
Price in ICO
0.0850 USD
Country
Whitelist/KYC
KYC & Whitelist
preICO start
15th May 2018
preICO end
4th Jun 2018
ICO start
20th Aug 2018
ICO end
20th Sep 2018
Visit ICO website
Report
Changelly

Milestones

1
2017

Founders joined efforts to change the insurance industry and started building the Vernam concept.

2
January, 2018

Concept was validated by experienced InsurTech executives, who later joined the team.

3
February, 2018

Angel investment received, start of platform development.

4
March, 2018

Start of the preparation for a token sale.

5
Q3, 2018

Listed on an exchange.

6
Q4, 2018

Vernam platform MVP launch and testing.

7
Q1, 2019

Vernam broker starting operation in several markets.

8
Q2, 2019

First CryptoSafe smart contracts signed. Vernam mobile app launch.

9
Q3, 2018

Development of additional smart contract insurance products.

10
2020

Operating on 8+ key European markets.

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ICO KYC Report
2 members invited
Roman Angelov
Passed
Ivan Georgiev
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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