Important announcement: Vernam Crowd Sale is postponed until August

Vernam Official
2 min readJun 4, 2018

Dear Vernam Community, thank you for your ongoing support.

We have successfully reached our soft cap and there has been a great response so far. Our community is growing and this makes us even more motivated to deliver a product that is not just good, but the best. We have been getting many requests as to when we can start insuring people with 0% commission and we are working hard to make this a reality as fast as possible.

We are encouraged by the support that we see so far and we truly feel the passion of the community to bring to life with us a decentralized insurance platform. As such, we have decided, along with our supporters, investors and advisors to postpone our ICO crowdsale until August 20th — September 20th, 2018, in order to build new partnerships and grow the Vernam ecosystem. We are indeed very excited about the journey!

What type of partnerships are we talking about?

We are focusing on forming partnerships with insurance brokers and investment funds. At the same time we are in contact with exchanges and are focusing on becoming part of some of the biggest blockchain alliances. Lastly we are in discussion with quality strategic influencers in order to help our community grow even more.

More information will be provided about our next steps to the community and there will be full media coverage of future partnerships. Meanwhile the team is working endlessly to perfect our MVP as soon as possible.

Thank you very much for your continuous support, we appreciate your understanding of the situation. We highly recommend that you join our Telegram group and other social media channels, so that we can inform you first hand.

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Vernam Official

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