just want to know if any photos or LinkedIn profile for every team member?

Dev, where is your team?

UPDATE: We've just announced that we're reducing our hard cap from $14.5M to $2.25M (Link here)

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Most token-sales these days set out to raise as much as possible; after all, why not? They take advantage of high demand and give themselves valuations that no sane VC would grant.

Not us.

We’d like to announce the caps for our upcoming tokensale:
- Soft-cap: $1.5m
- Hard-cap: $2.25m (Yes, you read that right: $2.25m, not $225m)

A new approach
Instead of raising all the funding the company could ever need in its lifetime (at great risk to contributors), we’re taking a different approach. Raise enough for 18 months of funding and demonstrate traction.

These limits are derived from our detailed roadmap (Section 6.1 in our whitepaper) that now includes estimates for every milestone of our product development cycle.

Develop a scaled-down version of our grand vision, find customers and start making revenue. If we’re able to reach the aggressive targets we’ve set, then we’ll unlock a follow up token-sale that we’ve provisioned (at a higher token price, naturally).

We have a huge vision for the future, but we also take our responsibility towards our contributors very seriously.

Our tokensale begins on the 29th of November. Sign up at https://verify.as/ to get updates

So how do CRED tokens work? Is it the medium for e-commerce exchange that is used on Verify?

This is a quote from your whitepaper:

“Transactions over the Verify protocol can only be processed if they have an associated “insurance policy”, which is funded using CRED tokens. These insurance policies are conceptually similar to transaction fees on traditional credit card networks and are also evaluated as a percentage of the original transaction amount. However, their primary purpose is to ensure that both buyers and sellers are protected and that buyers can be reimbursed if they are unsatisfied with the transaction.”


How do they ensure that both buyers and sellers are protected? How are CRED tokens able to reimburse the transaction? After all, they are only a small percentage of the transaction? Does Verify itself pay back the customers if the vendor decided to commit a scam?

promising project, looks like we need this in the future.

Hi guys! Just saw this on twitter and decided to drop him, cool ico! Will definitively invest a bit.

How long will you be raising the funds for? 2.25 is a low amount

We're expecting it to last 18 months -- until we achieve the 3rd milestone. The goal is to only raise what we need (more explanation in our Medium post here).

Details in Section 6.1 of the whitepaper, and included below:

Thank you for the vote of confidence!