Vernam’s Private PreSale is live and you should join!

Vernam Official
4 min readMar 29, 2018

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Until April 30th 50,000,000 VRN tokens will be available for sale with 30% discount and no locking period

Vernam, a hot new ICO, is about to revolutionize the insurance industry in a way no one can ignore. By leveraging blockchain technology, this InsurTech will make insurance more transparent, efficient, and convenient for everyone involved — from big insurance companies to the end-client.

People seeking insurance will also benefit from much lower costs. Vernam will connect insurers and end-clients in a digital marketplace, thus effectively cutting out middlemen (read — brokers and agents) and their commissions.

Three weeks after we hit ICObench, we’re among the top rated ICOs on the platform

35,000 supporters on Telegram

For a short time we managed to build a strong community of like-minded blockchain believers who believe that the time has come to change the insurance industry.

We have more than 30,000 people on our whitelist

The Private PreSale

With such fast-growing interest and demand for VRN tokens we decided that the time has come to launch our private presale.

Starting today everyone whitelisted can get VRN tokens with a 30% discount for a minimum contribution of 25 ETH

The tokens won’t be locked and will be available right after the crowdsale.

The best thing about the sale? For 1 ETH you’ll be able to buy the equivalent of $600 in tokens!!!

With the price of 1ETH= $462 on 28 March, this is an even bigger discount. Thank us later when you see your VRNs’ price growing high in the sky.

How to Contribute

1. Login to our contributors’ dashboard. If you don’t have an account, register with your email or via Google.

2. Click “Contribute” on the menu on the left:

3. Enter the amount of ETH you’d like to contribute. It should be more than 25 ETH.

4. If you haven’t entered your details yet, the system will re-direct you to your profile settings:

5. Carefully enter your wallet’s address. You have one chance only!!!

Do not use Coinbase address or similar. We accept MEW (MyEtherWallet) only.

6. You will receive the address you have to send your contribution to:

Copy the address and deposit the sum. Use only MEW(MyEtherWallet) or similar accounts. Never use exchange accounts.

7. When you finish your transaction, add the VCT as a custom token to MyEtherWallet.

How To Add a Custom Token to MyEtherWallet”

8. You will see the corresponding amount of VCT tokens in your wallet:

The VCT token in MyEtherWallet

VCT — our anti-fraud guarantee for you during the campaign

As you already know, the Vernam token is called VRN. In order to prevent possible attacks of wallets during the campaign, we introduced another token in our smart contracts — it is called VCT — Vernam Crowdsale Token.

VCT is what everyone will be getting during the campaign. The only purpose of this token is to guarantee that after the end of the campaign you will be able to convert it in VRN token. It can’t be transferred and you can’t use it for anything else.

This is why it won’t be interesting for hackers to try to steal it.

But how do I know I’ll get my real VRN tokens after the crowdsale?

Everything about our token sale is transparent and so are our smart contracts — You can check them on GitHub.

You will see that the two tokens are identical, but the VCT one is of no use other than to be converted to VRN after the crowd sale and if KYC is passed.

On the private pre-sale you will get the vernamCrowdSaleToken. See full smart contract
After the end of the Crowdsale and IF the KYC is approved, the vernamCrowdsaleToken will be converted in vernamToken. See full smart contract

Sounds good? Hurry up, we are releasing only 10% of all VRN tokens on our Private PreSale, so you don’t have much time to invest under the best possible conditions.

At Vernam, we’ve beyond excited to start revolutionizing insurance. Will you join us and help make transparent, secure, automated insurance a reality?

Team Vernam

To find out more about the Vernam Project, download our whitepaper or visit our website. 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.