Introduction

Next to the Internet, blockchain technology is easily the most valuable and popular invention in this dispensation. Blockchain is the core of virtually all cryptocurrency platforms today and perhaps its because of the level of security and decentralization that comes with it that has aided the growth of the crypto-space and by implication, investor-confidence therein.

It applications cuts across several sectors and is evident from the alarming number of ICOs that are launched every day. ICO, initial coin offering is basically a means by a which a new brand especially, crypto or blockchain-related, sources for funds from the public. It basically involves the exchange of known and valued cryptocurrencies of the public for the proposed token or coin of the starting organisation. Typically, after the sale, the investors(public) can now reap from their sow but that is hardly the case in reality.

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Source: Freepik

Many ICOs are simply an avenue to siphon funds from the public. There are also those with good intentions but myopic planning and so in the end, they too fail.
In recent times, the explosion of ICOs is becoming a huge bane in the crypto space. Now, more than ever, there is a pertinent need for ICOs to be vetted before being launched on the net.

Vertex is the solution.

WHAT IS VERTEX?

Vertex is new and the first of its kind. It is a pioneer after market platform in the crypto space. Vertex's job description will be similar to that of our traditional regulatory bodies, but for its digital nature. On the platform, new ICOs would be vetted and appropriately investigated before relaunching for the public to partake in. So basically, vertex buys into these ICOs first before making it accessible to the public, in the process, bearing the brunt of risk.

However, users will first of all have to garner some vertex tokens through its ICO or purchase before they can partake in any of the listed ICOs on the platform.

Profitability Assurance

Vertex team employs the services of veteran and highly-experienced investors from successful organisations globally. These investors make calculative deductions about the future and profitability of buying into the listed ICOs before they reach the public. Only those that have successfully scaled through the whole vetting and KYC compliance process get to be listed on vertex.
The consequence is a significant profit assurance level for potential ICO investors.

Mass Adoption of Cryptocurrencies

Another advantage of vertex in the crypto space would be an increase in the population of crypto investors or more aptly, crypto users.
One of the many reasons, crypto space is yet underpopulated is due to its uncertain nature. For many investors, even a little shroud of assurance will boost confidence and by implication, cryptocurrency adoption. Inevitably, vertex on the market scene will do just the magic.

Security

Vertex's ecosystem is designed in such a way that the VTEX tokens can be exchanged for the specific ICO coin or tokens that the user intends to venture. To do this however, the user must first be in possession of some VTEX tokens as earlier mentioned. The user will be presented with a random erc-20 address to send the tokens after which he would get his chosen ICO coin.

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By randomising the address to which the VTEX token may be sent, the user is protected from carefully premeditated cyber theft or cyber attack of any other sort.

Conclusion

In a world, where the abundance of ICOs is fast becoming a bottleneck, it is essential that regulatory and benchmark measures be put in place. Thankfully, Vertex is here. Indeed, its the next best thing in the crypto space.