When you start investing in cryptocurrency, it is very easy to be overwhelmed by having so many choices of investment. There are many start-ups appearing every day, so wherever you look, you can find plenty of options.
To really make the best investments, though, you have to be well informed and that’s when our blog will be able to help you. We review ICOs, HYIPs and show you all the news about the crypto world. Today, our review is about Valorem.
What is Valorem Foundation?
Valorem is a new financial company that is planning to launch an online platform for multi-party transactions across industries soon. With the motto of being the “niche of the 99%”, Valorem aims to attract the younger market of people, mostly Millenials.
Advocating for decentralized transactions and planning to be helped by the Millennials’ distrust of financial systems, Valorem offers an alternative for the people that want to use a secure cryptocurrency without any governmental interference.
The company developed a platform to be used by people all over the world. In this platform, they will be able to use many of the following services: get student loans, use P2P networks, make car loans and microloans, invest in a big range of business like companies and real estate, buy and sell goods & services and start a crowdfunding campaign.
Basically, Valorem wants to be a complete service that will enable their users to use their cryptocurrency for any kind of transaction or action they could do if they were using fiat money.
Valorem was created by Val Kleiman, current CEO of the company. Kleiman has extensive experience in the business field and a degree in Operations Management and Real Estate and Law.
How Does Valorem Work?
Valorem uses an Ethereum based blockchain technology. The users can transact with each other using smart contracts paid with their tokens that will be called VRL. Their technology operates using a Zero Coin Protocol. The protocol ensures that the value given is equal to the value received by the other user and makes the transactions easier and more secure.
The company will create an easy way of access for people that had to use bank before to get credit and transactions. By using Valorem’s services, people will be able to be more free to use their money, breaking away from the chains of nationality and financial institutions.
The platform will focus on usability so it can be good for both long time cryptocurrency users and newcomers, integrating both groups. By offering its services to a broad audience, Valorem intends to carve its place in the market and grow in this new wave of start-up companies appearing in the blockchain and cryptocurrency world lately.
How to Invest in Valorem?
To invest in this new company, you will have to buy their VRL tokens during the upcoming ICO. The ICO will begin on December 15 and it will go until March 30.
You can buy 1000 VRL tokens with 1 ETH (to buy, you can use either ETH, BTC or USD), but there are going to be discounts if you buy early. The discounts are as follows:
- December 15: 25% bonus;
- January 5: 20% bonus;
- January 25: 15% bonus;
- February 15: 10% bonus;
- March 30: end of the sale, no bonus.
The Valorem Foundation Verdict
Should you invest in this company? It can be a hard decision, so you have to weigh the pros and cons about it before you can decide. There are no red flags about Valorem. You can clearly see that you can trust in this company, so there is no problem in this aspect.
Will it be a good investment, though? That’s harder to say. Valorem does not offer anything that other companies don’t, so it can be pretty difficult to know how successful this company will be. They seem organized and, apparently, they have a good business plan, but is that enough? It’s still too early to say, but it looks like this company can definitely be a safe investment, at least.
If you want to invest em Valorem, feel free to do so. It can be a good idea if you want a safe investment in a company that has a good chance of making a profit.