Valorem Foundation ICO (VLR)

A lending platform for multi-party transactions

Valorem is a blockchain based platform, governed by smart contracts via an Ethereum ERC20 token known as VLR. On Valorem's platform, users will be able to participate in an ever expanding global marketplace throughout which they can buy, sell, exchange, or invest their VLR tokens. Valorem is a special form of blank canvas that will be able to encompass any type of transaction an individual would require in their everyday life, from insurance to microloans, investing, and everything that can lie in between.
Valorem has designed a multi-layered platform to offer the following services through the blockchain technology: microloans, student loans, car loans, rent payment, P2P networks, trading of goods & services, real estate crowdfunding, business investing, and insurance.

Start Date

15 Dec, 2017

End Date

28 Jun, 2018

Valorem Foundation Score Analysis

The Valorem foundation has a strong vision and made a very marketing-wise selling website and whitepaper. On the other hand, It lacks in many points including the technical details of the product, not having a development team and the fact that main team members show no connection to the project.

Valorem Foundation Use of Token

VLR is Valorem's native token. VLR is an Ethereum based ERC20 token. There is a total supply of 200 million VLR tokens. Users need VLR tokens to benefit from services offered by Valorem's platform including trading of various goods, obtaining loans, getting insurance coverage, and more. Valorem will burn 10%-20% of VRL tokens after the ICO ends.

  • Organization

    Valorem Foundation

  • Platform

    Ethereum

  • Coin type

    Utility Token

  • Category

    Fintech

  • Soft cap

    5,000,000

  • Max cap

    15,000,000

  • Max supply

    200,000,000 VLR

  • Price

    0.001

Valorem Foundation Token Sale Stages

  • Stage
  • Start date
  • End date
  • Amount of Tokens
  • Price
  • Discount
    • Pre-Sale
    • 15 December, 2019
    • 27 January, 2019
    • No limit
    • 0.0005
    • 100
    • Claim
    • Crowdsale - 1st Stage
    • 28 January, 2019
    • 27 February, 2019
    • No limit
    • 0.00067
    • 50
    • Claim
    • Crowdsale - 2nd stage
    • 28 February, 2019
    • 27 March, 2019
    • No limit
    • 0.00071
    • 40
    • Claim
    • Crowdsale - 3rd stage
    • 28 March, 2019
    • 27 April, 2019
    • No limit
    • 0.00083
    • 20
    • Claim
    • Crowdsale - 4th stage
    • 28 April, 2019
    • 27 May, 2019
    • No limit
    • 0.0009
    • 10
    • Claim
    • Crowdsale - 5th stage
    • 28 May, 2019
    • 28 June, 2019
    • No limit
    • 0.0009
    • 10
    • Claim

Valorem Foundation Distribution

Valorem Foundation Use of Proceeds

Valorem Foundation Team Members

  • Val Kleyman
    Val Kleyman CEO & Founder of Valorem / Senior Management at SMARTR Solutions LLC
  • Navdeep Garg
    Navdeep Garg Head of Platform Development
  • Anurag Makol
    Anurag Makol Lead developer of valorem platform

Valorem Foundation Advisors

  • Darrell Emmanuel
    Darrell Emmanuel Capital Advisor
  • Yaron Vilosny
    Yaron Vilosny Advisor
  • John Kleppinger
    John Kleppinger Advisor
  • Kent wallgren
    Kent wallgren Advisor
  • Payal Jain
    Payal Jain Advisor
  • Mike Shokin
    Mike Shokin Advisor
  • Joseph Yoo
    Joseph Yoo Advisor
  • Dennis Kim
    Dennis Kim Advisor
  • Hans (Namkyu) Choi
    Hans (Namkyu) Choi Specialty blockchain & software adviser
  • Wulf Kaal
    Wulf Kaal Professional Advisor
  • Joseph Daniels
    Joseph Daniels LEGAL ADVISER

Valorem Foundation Past Events

  • 31 July, 2019

    Base environment setup for development, py-ethereum setup on the environment, implementation of other security features, code testing and build management for crypto currency, whitepaper write-up, implementation of the currency exchange and integration of 3rd party wallets to exchange

  • 31 January, 2019

    Implementation of document verification module, implementation of smart contracts, auto document verification, payment transfer module and enable auto payout system after a period

  • 31 January, 2019

    Rent Payment using wallet to wallet transfer and auto payment implementation for monthly payments

  • 31 January, 2019

    Implementation of document verification module, implementation of smart contracts, manual document verification, payment transfer module and enable auto payout system after a period

  • 31 May, 2019

    Implementation of Poloniex to handle the processing network and integration of Poloniex with payment exchange.

  • 30 September, 2019

    Implementation of immediate, monthly and flexible payout functionality, implementation of currency transfer between wallets of the users to be used in phase 1 and implementation of smart contracts