BLOCKCHAIN: Invech Operates - Businesses Related to Blockchain and Cryptocurrency

Kamis, 27 Juni 2019

Invech Operates - Businesses Related to Blockchain and Cryptocurrency

About Us
Invech Group is a company licensed by the government of Timor Leste to regulate and operate - businesses related to blockchain and cryptocurrency. This is a partnership put together by business groups and extensive experts from Indonesia, Hong Kong, China, Malaysia and Timor Leste. Our goal is to develop East Timor into a paradise for crypto currency and bring foreign investment into Timor Leste to revitalize the economy of the new postwar country. Invech Group has been given a total of 9 business licenses in Timor Leste.

EXCHANGE

We will take a holistic approach to managing our cryptocurrency exchanges. As such, it provides a safe, secure, multilingual and user-friendly environment for all international users.

Exchange Feature

INVECH CRYPTOCURRENCY EXCHANGE

Give the appropriate order between the buyer and seller at the best price available.
Supports many currency wallets, enabling the implementation of several centralized and easy cryptocurrency. All cryptocurrency will be automatically secured through multi signature cold storage that allows security and prevents external access.
Complete order book that provides the liquidity needed to instantly buy and sell digital currencies with tight spreads.
All cryptocurrency funds will be managed automatically by our integrated wallet software. All funds include cryptocurrency and fiat (which will be applied accordingly)
We will support but not be limited to: English, Chinese, Indonesian, Portuguese, Japanese and Korean in all our user interfaces. (The earliest releases will only be in English, Chinese, and Indonesian, Portuguese.) More languages will be added over time.
Invech will also implement the installation and withdrawal of FIAT - Crypto in the near future. We aim for USD, HKD and IDR.

PLATFORM TOKEN - INVECH TOKEN

Token IV is the basic token used by Invech on all of its projects. For starters, this can be used as a platform token for the Invech Crypto Currency Exchange, and is then used on all Invech-licensed businesses. 500,000,000 IV token units have been made on the ERC20 platform, and the number will never increase or decrease. IV will run natively on the Ethereum blockchain, ERC20 platform.

This is a list of coins / pairs that will be registered first.

BTC / Bitcoin
ETH / Ethereum
USDT / Tether
IV / Invech Token

More coins / pairs will be added / registered over time. We generally only add coins that have strong credibility, a user base, and liquidity.

We also have plans to support fiat currencies, especially USD, HKD and IDR. To be applied accordingly later.

LIST ABOUT THE EXCHANGE OF INVECH CRYPTOCURRENCY

If you have coins / tokens that you want to register at Invech.io later, participating in our IEO (Initial Exchange Offers) will help. At present, we encourage ICOs to want to register with us to contact us directly because different ICOs have different needs with different requirements.

However, we will thoroughly screen all ICOs before registering with us in accordance with our SOP list. You can also check our website for our listing criteria once available.

USE AND BENEFITS IV (IN EXCHANGE)

You can use IV to pay for any fees on our platform, including but not limited to:

Transaction fees
Withdrawal fees
Registration fee
Other costs (TBA)

When you use IV to pay an exchange fee, you will receive a significant discount.

Note: If you have the IV amount needed for a discount, the discount will not work.

IEO SALES

175,000,000 IV will be open to the public
The IEO will run for 60 days starting from November 1, 2018.
Phase 1 - 30 days: 75,000,000 IV @ 20% discount. Locked for 6 months
Phase 2 - 30 days: 100,000,000 IV @ 10% discount. Locked for 9 months
IV Tokens that are not sold in the IEO will be given to Timor Leste - Invech Foundation with a period of 3 years.
Soft Cap: 75,000,000 IV Tokens (USD 24,000,000)
Hard Cap: 175,000,000 IV Tokens (USD 60,000,000)

Price in IEO

Phase 1: US $ 0.32 (after a 20% discount)

Phase 2: US $ 0.36 (after a 10% discount)

Note: * Will be released in stages because more platforms are launched to control liquidity and IV token values.

30% of the funds will be used to build the Invech platform and make improvements to the system, which includes team recruitment, training and development budgets.
30% will be used for Invech branding and marketing, including ongoing promotion and education from Invech innovations and blockchain in industrial media. Adequate budget for various advertising activities, to help Invech become popular among investors, and to attract active users to the platform.
30% will be saved as a backup to deal with emergencies or unexpected situations that may arise.
10% Security - to conduct regular and periodic security reviews, audits and risk management to cover technical vulnerabilities and business processes.