VDX IEO is on air by ban2ban

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· @ban2ban · (edited)
$0.04
VDX IEO is on air
![IEOCover.jpeg](https://files.steempeak.com/file/steempeak/ban2ban/atxW5ZW3-IEO-Cover.jpeg)
[CryptoPotato](https://cryptopotato.com/what-is-an-initial-exchange-offering-ieo-and-how-it-differs-from-ico/)
# Vodi X
Vodi X was established in 2014 and its already widely used platform with more than 5 million users in over 200 countries. 

Vodi provides the ability to all Vodi users to earn VDX tokens and increase their income by doing small tasks (Micro-tasks). Users are able to affect money transfers, send eGifts and engage in video calls. 

Details on their website: https://vodix.io/
Whitepaper: [here](https://vodix.io/pdf/VodiX_WhitePaper_1.1_EN.pdf?1558413097)

# IEO
The Initial Exchange Offering will be launched on Bittrex International on May 21 at 2pm (UTC).
- 2019-05-21 10:00:00 (GMT-4)
- 2019-05-21 14:00:00 (UTC)

Details: [Bittrex](https://international.bittrex.com/Market/Index?MarketName=BTC-VDX)


# VDX
IEO details:

|                                                      |                                             |
|---------------------------------------------|-------------------------------------|
| Token sale start time                    | May 21, 2019 14:00 (UTC) |
| Token sale end time                     | When the Bittrex International Sale Supply is reached or at the set time of May 22, 2019 14:00 (UTC) |
| Maximum Token Supply	      | 2,000,000,000 VDX             |
| Initial Circulating Supply	| 731,816,667 VDX |
| IEO Allocation	| 450,000,000 VDX |
|Hard Cap	|4,500,000.00 USD (approximate)|
|Soft Cap	|1,000,000.00 USD (approximate) Full refunds provided if soft cap is not met|
|Public Sale Token Price	|~$0.01 USD (approximate)|
| Public Sale Target Raise	| $4,500,000 USD (approximate)|
|Liquid Marketcap	| $7,318,167 USD (approximate)|
|Individual Maximum Purchase Amount	|1,500,000 VDX|
|Individual Minimum Purchase Amount	|1,000 VDX|
|Currencies Accepted|BTC|
|Token Type|ERC 20|

# Token Allocation
|                                                      |                                             |       |
|---------------------------------------------|-------------------------------------|-------|
|Team & Advisors	|19.4%  |12 months lockup after listing, vesting monthly over 12 months thereafter |
|Seed Investors	|3.1%|Released upon listing|
|Token Sale	|22.5%|Released upon listing|
|Pre-Sale	|5.0%|Released upon listing|
|Technical Development	|15.0%|6 months lockup after listing, vesting monthly over 30 months thereafter|
|Reserve	|20.0%|30% released (equivalent to 6% of total supply) upon listing (business operation support), vesting monthly over 3 months thereafter|
|Ecosystem Development	|15.0%|3 months lockup (including bounty rewards), vesting monthly over 33 months thereafter|

# Links
Whitepaper: [Whitepaper](https://vodix.io/pdf/VodiX_WhitePaper_1.1_EN.pdf?1558413097)
Website: https://vodix.io/
IEO: [Bittrex](https://international.bittrex.com/Market/Index?MarketName=BTC-VDX)
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vote details (20)
@steemitboard ·
Congratulations @ban2ban! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

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@newbieresteemday ·
Congratulations, you have been upvoted and resteemed as part of @newbieresteemday's top posts for the day!

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