A Look Into Vechain (VEN)
I always spend some time looking into new coins to see what would be the best bet to invest for myself. I see coins as companies and investing in them is just like investing in startups and is purely a gamble on the company and their product delivery times based on their road map. There is only so much we can look into for new ico or cryptocurrency block chain companies. There is only so much info I can find online so please do your own research. I do own VEN myself and always looking for reasons to sell off or buy more. Always open to other peoples insight that I may have missed or have gotten wrong.
*This is not investment advise or a buy/trade call.
Parent company — Bitse (blockchain Platform) website does not work.
Vechain is a portfolio company of PWC , part of their incubator program. https://www.pwc.com/
VEN — Currently at $.33 at the time of writing https://www.vechain.com/
ICO Early bird price: 1 ETH = 4025 (VEN) Reg price: 1 ETH = 3500 (VEN)
CEO — Sunny Lu,
Relevant Experience-COO of Bitse , CIO of Louis Vuitton China, IT Bacardi
https://www.linkedin.com/in/sunny-lu-55456915/?ppe=1
CTO- Shuai Chu
Relevant Experience-CTO at BitseTechnical Advisor at Factom, Product Dev at Alibaba https://www.linkedin.com/in/shuai-chu-39278a108/
CFO — Jie Zhang
Relevant Experience-CFO at Bitse, Mgr at Deloitte, Sr Mgr at PWC https://www.linkedin.com/in/jie-zhang-9426a74a
IN THE NEWS
DNVGL GROUP — Cooperation Agreement News
http://yiding.9.cn/wp/3977919
Article CEO Wrote about what they are solving.https://www.losspreventioninsights.com/doc/reasons-you-need-to-take-blockchain-seriously-0001
SOCIAL
Twitter has 1368 followers
https://twitter.com/vechain1
Facebook has 166 followers
https://www.facebook.com/vechain/
Reddit
https://www.reddit.com/r/Vechain/
ICO info — https://tokensale.vechain.com/en/
Could not find whitepaper but this is their non whitepaper
https://cdn.vechain.com/vechain_ico_ideas_of_development_en.pdf
Supposedly Enterprise Backers — 1 of 6 has anyone worth mentioning.
Inblockchain — members of sia, zcash, Qtum and more
Pros
Reputable team members
Clear and precise goals
Backed by big corporation
Proposed Token Use
Working concept
Progress
Cons at a glance
Very low social reach
Team not mentioned on the website
Not much else until time passes to know
