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Vernam

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9.4
Total Rate

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.
General
Website: Visit
White paper: Read
Bounty: Bounty
MVP: View
Pre-sale Time: 15 May, 2018 - 4 Jun, 2018
ICO Time: 20 Aug, 2018 - 20 Sep, 2018
Whitelist/KYC: Whitelist & Kyc
Country: Bulgaria
Token Info
Ticker: VRN
Platform: Ethereum
Token type: ERC20
Available for sale: 500,000,000 VRN (50%)
Financial
Pre-sale Price: 1 VRN = 0.051 USD
ICO Price: 1 VRN = 0.085 USD
Accepting: ETH, BTC, Fiat
Soft cap: 40,000,000 VRN
Hard cap: 500,000,000 VRN
Social Media
  • 1

    2017

    Founders joined efforts to change the insurance industry and started building the Vernam concept.

  • 2

    January, 2018

    Concept was validated by experienced InsurTech executives, who later joined the team.

  • 3

    February, 2018

    Angel investment received, start of platform development.

  • 4

    March, 2018

    Start of the preparation for a token sale.

  • 5

    Q3, 2018

    Listed on an exchange.

  • 6

    Q4, 2018

    Vernam platform MVP launch and testing.

  • 7

    Q1, 2019

    Vernam broker starting operation in several markets.

  • 8

    Q2, 2019

    First CryptoSafe smart contracts signed. Vernam mobile app launch.

  • 9

    Q3, 2018

    Development of additional smart contract insurance products.

  • 10

    2020

    Operating on 8+ key European markets.

PhD Student, MBA Roman Angelov

CEO, Co-founder

Ivan Georgiev

Co-founder

PhD Student, Dipl. Eng Dimitar Mitrev

Co-founder

HBS MBA, Borislav Stefanov

Business Developer

Vesselin Zahariev

Financial Expert

PhD, Prof. Zhelyo Hristozov

Insurance Director

René Rosenberg

German Operations

George Matev

General Legal Counsel

Nadya Kaloyanova

CMO

Venimir Petkov

Blockchain & Crypto Expert and Developer

Sevgin Mustafov

Blockchain & Crypto Expert and Developer

George Spasov

Blockchain & Crypto Expert and Developer

Branimir Minkov

CTO

PhD, Prof. Angel Doraliyski

Strategic Planning

Milen Radkov

Blockchain developer

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