INVECH – The First Crypto Platform in Timor Leste

Hello friends!

Today is a new review from me. A new project called INVECH, an exchange of cryptocurrency pioneered by Invech Group. Licensed and authorized directly from the Government of Timor Leste, the Invech license covers the entire framework of the blockchain and cryptocurrency, including cryptocurrency exchanges, ICO, mining, blockchain solutions, etc. This is also the first blockchain/cryptocurrency service out of Timor Leste.

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I really like projects that aim to improve or develop infrastructure for blockchain technology. The Invech project can be linked to these projects. Invech is basically a new generation trading platform. This platform will improve life through blockchain and technology to create a stable and growing digital economy. What does this mean? to improve human life, this platform applies a holistic approach to regulating cryptocurrency exchanges, thus creating a safe, multilingual and user-friendly environment for all users internationally. Besides that, it is supported by modern features for its users.

  • Provide appropriate orders between buyers and sellers with the best prices available
  • Supports multiple currency wallets, allowing the application of several different cryptocurrencies centrally and easily. All cryptocurrency will be automatically secured through multi-signature cold storage that allows security and prevents external access.
  • Complete order book that provides the liquidity needed to instantly buy and sell cryptocurrencies with tight spreads.
  • All cryptocurrency funds will be managed automatically by our integrated wallet software. All funds include cryptocurrency and fiat (which will be applied accordingly)
  • The Invech Exchange will be supported in a variety of languages, including English, Chinese, Indonesian, Portuguese, Japanese and Korean in all our user interfaces. (The earliest releases will only be in English, Chinese, and Indonesian, Portuguese.) More languages ​​will be added over time.
  • Invech will also implement the installation and withdrawal of FIAT – Crypto in the near future. We aim for USD, HKD and IDR.

The Invech exchange has its own platform token called Invech Coins or IV which runs on the ERC20 platform. Token IV is the basic token used by Invech on all of its projects. For starters, this can be used as a platform token for the Invech Crypto Currency Exchange, and is then used on all Invech-licensed businesses. 500,000,000 IV token units have been made on the ERC20 platform, and the number will never increase or decrease. IV will run natively on the Ethereum blockchain, ERC20 platform.

You can have IV tokens just by participating in our IEO (Initial Exchange Offers). When you have an IV token, you can use it to pay for any fees on the Invech platform, including:

  • Transaction fees
  • Withdrawal fees
  • Registration fee
  • Other costs (TBA)

When you use IV to pay an exchange fee, you will receive a significant discount.

9For safety. Invech is very concerned about security. If you are wondering “Is Invech safe?”, It is very safe because there is a CryptoCurrency Security Standard (CCSS) to protect Invech and all its users. CCSS is the industry standard for exchanges and large companies with the ISO 27001 Information Security Management (ISMS) System. Invech tokens are being sold in the IEO stage, you can visit https://invech.io/ to purchase IV tokens using the digital assets you have. For sales details as follows:

  • 175,000,000 IV will be open to the public
  • The IEO will run for 60 days starting from November 1, 2018.
  • Phase 1 – 30 days: 75,000,000 IV @ 20% discount. Locked for 6 months
  • Phase 2 – 30 days: 100,000,000 IV @ 10% discount. Locked for 9 months
  • IV Tokens that are not sold in the IEO will be given to Timor Leste – Invech Foundation with a period of 3 years.
  • Soft Cap: 75,000,000 IV Tokens (USD 24,000,000)
  • Hard Cap: 175,000,000 IV Tokens (USD 60,000,000)
  • Prices in the IEO. Phase 1: US $ 0.32 (after a 20% discount) and Phase 2: US $ 0.36 (after a 10% discount)

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For more information, visit link this below:

Roadmap

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Created by Evan / Bitcointalk ID

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