The world's first 0% commission insurance on the blockchain. Our goal is to revolutionize the insurance industry! We are probably the first company in the world ready to implement a high-end technological solution which will dramatically lower the cost of insurance services while making the business way more efficient and friendly for all parties-from End Clients to major Insurance Companies! Vernam utilizes blockchain technology to provide: 1. Competitive online marketplace for conventional insurance products by the biggest insurance companies 2. Generous compensation - up to 30% of the policy premium in Vernam tokens (VRN) is returned to clients 3. “CryptoSafe” - a smart contract, guaranteeing that when a defined set of events occur, the client will be compensated with a certain amount of Vernam Tokens (VRN). The newest and most innovative blockchain based insurance product that Vernam will introduce.
Founders joined efforts to change the insurance industry and started building the Vernam concept.
Concept was validated by experienced InsurTech executives, who later joined the team.
Angel investment received, start of platform development.
Start of the preparation for a token sale.
Listed on an exchange.
Vernam platform MVP launch and testing.
Vernam broker starting operation in several markets.
First CryptoSafe smart contracts signed. Vernam mobile app launch.
Development of additional smart contract insurance products.
Operating on 8+ key European markets.
from 05/15/18 to 06/04/18
from 06/04/18 to 07/15/18
Soft Cap: 3,400,000 USD
Hard Cap: 42,500,000 USD
Token Symbol: vrn
Total Supply of Tokens: 1,000,000,000
Tokens Available for Sale: 50%
Can’t participate: Singapore (Total Restriction)United States (Total Restriction)China (Total Restriction)
Accepts: ETH, BTC
Registered Company: Bulgaria