Sponsored Vertex Market Contest Brought By @monajam

in #contest6 years ago

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This is my entry for the sponsored writing contest organized by @monajam. You can find the contest here

INTRODUCTION

The adoption of blockchain technology is changing the world for good. For solving so many problems associated with online transfer of fund and providing high security measures to safeguard the interests of the users, many more people now feel pretty safe to carry out financial transactions and execute contracts online through the blockchain-enabled smart contract architecture. And the number keeps growing higher with every passing day.

Blockchain is not properly defined without the mentioning of cryptocurrency. It is the digital asset with which people carry out all kinds of business transactions within the ecosystem. After the huge success recorded by Bitcoin some years ago, thousands of newer crypto tokens have been created and launched through the Initial Coin Offering (ICO) channels.

Sometimes when passionate investors are very occupied with something else, an ICO with a handsome prospect pops up. They only get to know about it when the ICO is over and they are unable to buy. Then they watch helplessly as the token continue to grow higher and higher in value. This doesn't present ICO's as holistic green projects though. Like every other investment channel, it has its own downside. A view into the recent ICO's: some of the projects survived but majority died off, making their tokens worthless. Knowing the right project/company to invest into their ICO is a big task for investors because they are always packaged for attraction. For instance, in the course of some recent ICO's, a whole lot of investors dived in with their full financial weight, hoping that these tokens would appreciate in value to enable them sell with profit but majority of them had their dreams cut short. Some projects began to collapse immediately after the ICO. This unfortunate development has led to the loss of billions of dollars and much more would still go down the drains if Vertex Markethas not risen to offer a solution.

The truth is, not every ICO is worth investing into. Some of them are simply bad options for investors but because they are often packaged in a way that makes them overly attractive, only by embracing Vertex Market will investors avert falling victim again.

These things have been happening and they are beginning to mar the beauty of crypto industry but here is the good news: Vertex Markethas arrived with a perfect solution to these challenges. In this article, I will give sound details of how Vertex Market will save investors from losing their hard earned money to poor projects. I will also explain how Vertex is positioning to help investors buy tokens at cheaper rates even if they missed the opportunity during the ICO's.

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All images used in this article are from [Vertex](vertex.market] website and whitepaper unless there is an indication that says otherwise!

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WHAT REALLY IS VERTEX MARKET?

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Call it a token market, Vertex is a unique platform created to help investors buy into ICOs that are verified to have good prospect. The public will have the opportunity of buying these tokens at a pretty cheap rate even if they missed it during the ICO.

This will be made possible through a detailed professional analysis of each new ICO that hits the market. Aim is to ascertain its level of feasibility. After this, if the token is worthy of investment, Vertex Market will acquire a huge volume of these tokens at a cheap rate and keep them available for the general public to buy – those that missed out on the ICO exercise.

See this video

PUBLIC SALES

Starting from October 1st, 2018, public sales of Vertex will begin and run through three and half months.

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VERTEX AFTERMARKET FACILITIES AND BENEFITS

By becoming a partaker in Vertex Market and purchasing the VTEX token, you are automatically positioned to buy, at cheap rates, vetted and profitable tokens when the ICO's have closed. And you can choose to do so just before they are listed on any exchange.

This is also beneficial to ICO companies as it will speed up their sales, create greater awareness for them and also help to get them to exchange faster.

All these will be made possible through the Vertex 6-step-process of vetting ICO's.

It is important to note that vertex does not buy into any ICO that falls below the acceptable standard. In other words, any ICO that is likely to fail does not get into Vertex Market for any reason whatsoever.

To vet an ICO, Vertex gathers all the available data on the ICO, its team and products for thorough analysis. Vertex will examine the feasibility of the overall project as well as the validity of the team's claims.

In the course of this, Vertex will fly its experts to meet the team in question for physical verification of claims, and to ascertain their level of financial accessibility etc.

If the result is satisfactory, Vertex will buy a huge chunk of the tokens at a reduced rate and reserve them for aftermarket transactions. This will enable those who missed out on the ICO to also buy the same token as cheap.

From the previous conducts and ICO operations, it is expected that only a few projects will come out successful from this rigorous vetting process. These few projects are the ones you will find their tokens on Vertex Market

Evidently, this is a huge benefit to the users of Vertex Market because you will not have to bite your finger ever again for losing your hard-earned money to questionable projects.

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MEET THE TEAM BEHIND VERTEX MARKET

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ADVISORS

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PARTNERS

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SOURCES AND REFERENCES

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CONCLUSION

The world has a population that runs into billions of people but only a few millions have boldly embraced the benefits of Cryptos. The reason may not be far from the fact that some of the early partakers got their fingers burnt, especially when they attempted the option of investment. Both old and new crypto users have been longing for the oppornity when a team of professionals can lead them into the right ICOs where their money will not grow wings and leave them just as being promised by Vertex Market. If everything vertex promises comes through, I can only say that the new crypto era is here.

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