Valorem is a blockchain-based platform that will use the Ethereum blockchain to provide a global marketplace. The Valorem team aims to provide a platform where users are able to require any type of transactions, such as microloans, insurance, investments just to name a few. Furthermore, the platform will feature the Zero Coin Protocol to verify and store all the transactions on the blockchain.
Valorem token (VLR) is an ERC-20 token that will be used as the medium of exchange on the platform.
Valorem will be holding its ICO on the 28th of January, 2018. The ICO token supply represents 75% of the total token supply, so there will be a total of 150,000,000 tokens available, for 0.001 ETH each during the offering. The ICO funding target is 25,000,000 USD, the funding cap is 52,500,000 USD and is expected to end on the 28th of June, 2018 or when the funding cap is reached. Any unsold/remaining tokens will be burned.
Token Reserve Split (25%):
Valorem ICO will feature a bonus program and a bounty campaign, and the token will not be mineable.