
Verso is a decentralised marketplace for the regulated financial service industry. It bridges the gap between traditional finance (CeFi) and DeFi by standardising how financial products get distributed and connected to consumers via regulated e-wallets and bank accounts.
| Sale Type | Past ICO listing |
|---|---|
| Target Raise | $ 5,000,000 |
| Hard Cap | $ 5,000,000 |
| Soft Cap | $ Already reached |
| Token Symbol | VSO |
| Token Type | Avalanche C-Chain |
| Token Price | $0.05 |
|---|---|
| KYC | Yes |
| Whitelist | No |
| Distribution | Team, 10%, 10,000,000 tokens, value $500,000; Advisors, 5%, 5,000,000 tokens, value $250,000; Ecosystem and Dev, 16%, 16,000,000 tokens, value $800,000; Marketing and Rewards, 13%, 13,000,000 tokens, value $650,000; Liquidity, 6%, 6,000,000 tokens, value $300,000; Seed Sale, 3%, 3,000,000 tokens, value $150,000; Private Sale, 12%, 12,000,000 tokens, value $600,000; Public Sale, 35%, 35,000,000 tokens, value $1,750,000; Total: 100%, 100,000,000 tokens, Value $5,000,000 |
Verso is built for the regulated financial service industry and community-governed by its participants, which comprises financial service providers and regulated financial institutions. It uses proprietary smart contracts to facilitate the distribution and product-specific money flow between service providers, financial institutions, and their customers. As a result, there is reduced reliance on intermediaries, significantly lower distribution costs, and higher efficiency. We are building Verso so that financial products can conveniently be offered to people across the world and within the existing relationships they have with their e-wallets or their bank. Verso will rest on Avalanche. With Avalanche, Verso will be able to dramatically reduce the cost of network fees by a factor of several thousand. Taking a $5 - $100 microloan will not cost $20 - $40 in-network fees this way, but instead only a few cents, at most.
No, the Verso ICO is closed.
The Verso token uses the symbol VSO.
The token price for Verso is $0.05.
Verso's KYC requirement is: Yes.
The official website for Verso is https://verso.finance, and the whitepaper is available at https://verso.finance/docs/Verso_Whitepaper.pdf.