Vernam, a hot new ICO, is about to revolutionize the insurance industry in a way no one can ignore. By leveraging blockchain technology, this InsurTech will make insurance more transparent, efficient, and convenient for everyone involved — from big insurance companies to the end-client.
People seeking insurance will also benefit from much lower costs. Vernam will connect insurers and end-clients in a digital marketplace, thus effectively cutting out middlemen (read — brokers and agents) and their commissions.
The main competitive advantage of Vernam, among the industry, is the lack of fees. The typical insurance fee, is approximately 30 percent. So, you are paying a big amount of money for nothing. The Vernam solves this problem, by giving their users, this 30 percent back! Yes, you heard it. Simply by using the Vernam platform, you will get this 30 percent in a form of a Cashback! This is absolutely amazing. Another interesting feature of this project is the usage of blockchain technology. Thanks to the blockchain, your personal data will be secured and you do not need to worry about your funds, because blockchain will guarantee the protection of your funds.
The insurance world hasn’t seen any big changes in a while. It’s become stale and stagnant. With technological innovation taking the world by storm, though, insurance can’t hide forever. And Vernam is making sure insurance doesn’t lag behind, but rather jumps ahead of the curve.
Our goal is to revolutionize insurance by providing a decentralized blockchain-based insurance marketplace. When end-clients and insurers can meet in a transparent, secure, and efficient platform, the world will finally unlock the true potential of blockchain for insurance and we’ll all reap the benefits.
Insurance is plagued by a few main issues, and Vernam solves all of these: slow processes involving too many intermediaries, lack of freedom of choice because of barriers to transparent product information, painstaking personal information verification, high costs due to the general inefficiency built into the system.
Token symbol: VRN
Type: ERC-20
Total token supply: 1.000.000.000 VRN
New token will never be created
Soft Cap: 40.000.000 VRN
Hard Cap: 500.000.000 VRN
Minimum transaction amount: 0.1 ETH, 0.01 BTC, 1000 USD
1VRN = 0.051 - 0.085 USD
1VRN = N/A ETH*
1VRN = N/A BTC*
The unsold tokens will be burned
All in all, Vernam ICO is a very perspective project, with a huge trust among the crypto community. They have an experienced team and a lot of advisors, that will help to spread the project. Moreover, the entrance of blockchain technology in such a big industry will bring crypto world on the whole new level. If you are tired of paying the insurance companies for nothing, the Vernam project is for you. However, if you hurry up, the Vernam ICO has a very generous gift for you. Right now, you will get 10000 VRN tokens for 1 Ethereum, which is equivalent to 600$. Today is a perfect time to contribute, due to the current market situation.
If you want to invest in Vernam, please visit their website: https://www.vernam.com
You can also read the white paper for more detailed information: https://www.vernam.com/assets/uploads/Whitepaper_Beta_v015.pdf
If you would like to follow the news and be up to date, you can follow their social media channels:
Twitter: https://twitter.com/vernamofficial
Facebook: https://www.facebook.com/vernamofficial/
Telegram: https://t.me/vernam
Medium: https://medium.com/@vernam.official/