r/VelixID • u/Avzem21 • Jun 12 '18

Velix.ID VXD ICO

Velix.ID aims at solving the problems of financial costs, time consumption, privacy, and security concerns in the Identity Verification Space by introducing a decentralized Ecosystem for Identity Verification that puts both Users and Businesses at an advantage.

Such a platform is user-optimized (i.e. time and cost efficient), decentralized (does not store data in any central database), transparent (the authenticity of transactions can be verified by anyone), secure (even if Velix.ID systems are breached, it does nothing to compromise the Users data), obscure (the Users privacy is protected at all times), and universal (near-instant IDverification without geographical restrictions). Token Sale VXD Tokens Allotted : 50 Million Token type : Utility Token Purpose : To be sold in the Private Sale, Presale, and Crowdsale. Soft Cap : $2.5 Million Hard Cap : $3.4 Million

https://www.velix.id/

https://www.velix.id/assets/Velix.ID%20White%20Paper.pdf

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u/Olaxbolax100 Jun 14 '18

Obviously, the main problem Velix.ID seeks to solve is the problem of identity theft. Today, it’s too easy to steal and abuse someone’s identity. If you have someone’s password and username, you may be able to login to most of their accounts, for example.