Vanig ICO

Verified ICO

Vanig is the world’s first integrated E-Commerce platform and Supply Chain ecosystem powered by the blockchain.

ICO Ended
2018-07-23 - 2018-09-25
  Whitepaper |   Visit Site

Team: NYR
Feasibility: NYR

Vanig Patent Pending solution addresses several significant Supply Chain and E-Commerce challenges and inefficiencies, providing a higher level of brand experience. Our Supply Chain ecosystem leverages the latest in blockchain technology through HyperLedger’s Sawtooth Lake technology. We simplify the E-Commerce experience and its embedded Supply Chain, eliminating intermediaries and manual processes as it ushers in a new level of transparency. The Vanig platform is safe, secure, and user-friendly, benefiting all members of the ecosystem and embraces cryptocurrency payments. It shortens recall process and timelines for manufacturers and retailers, providing real-time product visibility through to the consumer. Provenance information on products, increasingly an essential consumer ask, is fully integrated.

Token Distribution

Open Market 63% Team Tokens: 15% Vanig Rewards and Incentives: 12% Referral & Bounty Program: 5% Advisors & Partners: 3% Legal: 2% *Lock down period for core team – 4 years with 15% of tokens released every 6 months, first release after 12 months.#Lock Period for Advisors – 25% every 3 months and takes up to 12 months.

✦Lock Period for Legal – 24 months lock down, 15% every 3 months

✝Incentive is capped at 25% every year which runs for 4 years, arrived based on business plan and customer acquisition rate.

Operating Budget

Business Dev & Ops 30% Marketing and Sales 30% Admin and Operation 20% Legal and Advisory: 10%Research: 10%Token Velocity & Demand

* Dual Token- Provides stable cryptoeconomic shopping experience for consumers

* Vanig Rewards program- Stores pay Vanig a commission for sending you their way, and Vanig shares the commission with you as Cash Back in Vanig Tokens

* Token Burn- all unsold tokens post the Token Sale will be burned in a publicly verifiable way

* Token Lock Down Period- Team, Advisor and Legal has a duration of lock up period

We Accept: ETH, BTC, LTC, USD

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