Verifier (VRF) ICO Review – ICO Token News
Whether you’re in the B2B space or the peer-to-peer market, what gives you the confidence to deal with a particular service provider? The key is to build trust between the client and provider. This is where Verifier, an innovative verification technology, comes to the rescue. This is one tool that can be used for deal-making, data transferring, and events hosting. Most importantly, at Verifier, speed, accuracy and security are provided by blockchain technology. Verifier can be accessed via smartphone and tablet apps, as well as a web version. The service uses the Uber model, which directly connects clients and service providers.
When the identity or credentials need verification, the system randomly picks responsible agents who are ready to go to the client’s location and provide proof of service in the form of photos, videos, and other types of materials. Verifier allows users to reliably establish whether an action has or hasn’t been taken. Whether it’s the delivery of a product of appropriate quality, a request to open a bank account, or checking the existence of an ocean view from a hotel room. Almost any fact can be checked with the help of Verifier, since it utilizes the most important decentralized asset — people.
The process is a win-win for agents too. That’s because they can be paid or rewarded by the interested party, regardless of where they are located across the world. The main tool of an agent is the Internet. Want some insurance? You can give the task to several independent agents at the same time and make an informed choice from the varied details you receive
Having identified the most common concerns while hiring service providers, we then set out to create effective solutions to address each one of them. What we ended up creating was a way for Verifier agents to always be accessible when you need them, all across the world and at any time of the day or night. So, wherever you are,whether at your country house, at home with kids, at work, traveling in a different city or country, Verifier will provide you with identity verification, information checkup, and various types of services, whenever you need a trusted assistant.
Price: – One of the most important parts of planning any project is the pricing. After much thought and multiple calculations, we concluded that the minimal price for the verification of one object shouldn’t exceed $10, and that further price determination should be a matter of agreement between a client and a service provider. So, you get to set the price, depending on the complexity of the task and on the required skills of the agent. We are calling for a free and fair market in the same way the blockchain community calls for free and fair payments.
Cutting the Costs:- The difference in financial costs for maintaining a verification department in banks, in comparison to using Verifier,could reach up to 90% of the base price.
Lowering Risks:- The most important thing in the verification process is the guarantee of accurate information about the subject of verification. There’s always the risk of getting inaccurate information, especially during transfer. By using blockchain technology in the project, we are minimizing this risk by practically excluding the human factor, and therefore error, from the process.
Accessibility and User Experience:- Absolutely any person with a smart device or computer can become a customer or an agent of Verifier. All they need to do is register with the web version or simply download the app from Apple Store or Google Play Store. We have created the most user-friendly interface for all versions of Verifier.
Trust:- For a solution that offers the ability to verify the credentials of both individuals and businesses, it is very important to first build trust for the solution among potential users. To this end, the Verifier token will be registered by the US Securities and Exchange Commission (SEC) and by European Securities and Markets Authority (ESMA), and thereby comply with all norms, regulations and best practices put forth by the regulatory body.
The Verifier blockchain service utilizes safe, internal data transferring, with the use of blockchain transfer technology. The goal of the ICO is to finance the project and then scale it. The funds collecting via the ICO will be spent on the development of the Verifier system, as well as on marketing the system to increase the user base of the project. To collect the funds, the Verifier team has issued Verifier ICO tokens, aka VRF, which are basically smart contracts based on the Ethereum platform.
The VRF tokens are created to be used as an internal currency of the closed V the system, to sell tokens to other users, and exchanges them for other cryptocurrencies. All operations with the tokens, made inside the system, are written into the blockchain by smart contracts.
If you want to grab more information about ICO investment then you can read how to invest in ICOs to understand it in a better way.
- Alexander DmitrievCEO
- Dmitry NazarovThe founder of the project
- Dmitry RzhavinProject Lead
- Natalia GlagolevaCMO
- Dmitry LivshinCTO
- Dmitry KorshunovPatner & investor relations
- Egor PereverzevHead of Sales, China
- JARED POLITESAdvisor
- PETER GREENAdvisor
- Tony SimonovskyMarketer
- 1June 2017
START OF THE PROJECT
- 2December 2017 - March 2018
CLOSED TEST OF THE P2P PLATFORM
- 3May - September 2018
OPEN TEST OF THE P2P PLATFORM (MbW)
- 4June 2018
TEST OF THE B2B PLATFORM
- 53rd quarter of 2018
LAUNCH OF THE GLOBAL MARKETING CAMPAIGN
- 63rd quarter of 2018
ENTERING THE MARKET OF THE RUSSIAN FEDERATION AND THE USA
- 74th quarter of 2018
ENTERING THE CHINESE MARKET
- 8August 2018
ENTERING THE MARKET OF THE EUROPEAN UNION
- 92020 - 2023
SCALING THE SERVICE TO OTHER MARKETS