Big news: Soft cap secured

Vernam Official
2 min readApr 20, 2018

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Dear friends and contributors to the Vernam project,

It’s hard to say how much excited we are while writing this.

When we announced the Vernam project, we said that our intention is nothing less, but to revolutionize a $4.73 trillion industry. Since day one we’ve been tirelessly working on our mission and today we have some big news to share with you.

In the middle of our Private PreSale we attracted the attention of VCs,

all of them wanting to put their trust and network in our project. Closing deals with VCs will easily fill our soft cap, but most important is that we have validated our idea and now we are facing a strategical decision — we have to choose the partner that will bring the best value to our project.

That being said, we can say that:

Vernam ICO’s soft cap is secured

That being said, we decided to close our Private PreSale. Plans for the Token Sale remain the same and everyone will be able to contribute to the project after being whitelisted and passing KYC.

We would like to thank to our early investors.
You will receive your VRN tokens after the end of the main token event, just as planned

We will announce our tour dates for May soon.

We will start revealing more details of our improved business plan we’ve been working on since the announcement of our campaign, including information about the development of the Vernam project and our platform, marketing research, detailed business model and projections for costs and expected revenue.

Are you ready to join the revolution? We’d love your support and can’t wait to welcome you to the team.

Team Vernam

To find out more about the Vernam Project, download our whitepaper or visit ourwebsite. Follow us on Facebook and Twitter.

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Vernam Official

This is the official Medium Blog of Vernam: A new generation of insurance process on the blockchain.