Everex is Blockchain-Powered Microfinance and Remittance Services. It has decentralised app for peer to peer payments. EVEREX is a young technology startup in the blockchain space with both a team and a business-model uniquely qualified to answer some of the challenges of international micro-financing.
Everex Initial Coin Offering (ICO) Details
|ICO Opening Date||24th July 2017|
|ICO Closing Date||31st Aug 2017|
|Whitepaper||Link to Whitepaper|
1 EVX = 1 USD
|Bonus / Pre ICO Offer||See below|
Bonus / Pre-ICO offer
- Current Price: 1 ETH = 190 EVX
- Price increases to 1 ETH = 180 EVX
Aspects to note and consider
In 2016, Everex conducted a case-study of its remittance system with over 100 Myanmar migrant workers living in Thailand. On average, the users saved an average of 7% in remittance costs and currency-exchange rates when using the Everex capital transfer system.
- Everex will use 20% of its net profit to buy back EVX, which provides another way for the token to appreciate in value.
2017 Q2- STRATEGY AND PLANNING
- Legal structure and framework
- Strategic Partnerships
- Marketing and PREstablish EVX community Advisory Board Selection
- Token Sale Platform development and testing
- Development of EVX token
2017 Q3: OPEN FOR BUSINESS
- Regulatory Framework Compliance Execution Plan
License Application for lending and currency exchange
Establish Partnerships with banks and Liquidity Providers.
Token Sale Event, listing EVX on exchanges
Talent Recruitment for Key positions
Product Portfolio Roadmap Execution Plan Official Launch of Myanmar, Russia and Thailand Markets
EVX community development
2018 Q1: PRODUCT/MARKETS GRID
- Launch of Remittance and Microlending in 3 Asian markets
New product features validation and integration
Commercialization Campaign of Cryptocash Business growth opportunities in Middle East and Europe
Sales and Marketing Campaign Strategy
Regulatory Framework Compliance
Secure Technical Partnerships
First quarterly EVX token buy back
2018 Q2: PRODUCT/MARKETS EXPANSION GRID
- Launch New Markets Middle East
Market-Specific Sales and Marketing Campaigns
Business growth opportunities in mature markets: Europe/US
Business growth opportunities in emerging markets: China, India, SA
Strengthened Regulatory Framework Compliance
Establish hardware partnerships
Establish easy cash in/out network in selected markets
B2B Expansion Strategy
Quarterly token buyback
2018 Q4: BUSINESS GROWTH
- Launch of key mature and emerging markets
Strengthened EVX Community
Product Portfolio Expansion
– Cryptocash Crowdfunding
– Blockchain B2B consulting
Quarterly token buyback
As on 13th Aug 2017 (20:00 GMT) , it had raised a total of 39469 ETH (approx $11 million)
How to Invest
- On the website, just click on “Sign up” and ythen you need to register on the website.
- You can then invest by depositing BitCoin or Ethereum to your account.
Other Similar ICOs
This ICO is in competition of another coin OmiseGo which has current market valuation of $700 million. OmiseGo raised $60 million within minutes of Pre-ICO launch. OmiseGo listed in July and within a month, it is up by 1200%. Read review of OmiceGo ICO Details.
This ICO is in concept phase, so has higher risk. However, they have done a pilot on small population.
I would not consider it for buying it for making money in short term, but invest only if you have a long term view. The long term potential looks good.
Latest Market Price