Vena Network ICO
The ICO price is 1 ETH = 10000 VENA, with no lockup period; in private sale, the price is 1 ETH = 15000 VENA, among which 5000 VENA has lockup period; we can see that the price setting is very favorable for public sale investors, let alone that the private sale was raised in June, at that time price of ETH was around $485, double the price of current market price. After Vena Network quickly reached its softcap within 2 hours after official launch of ICO.
Welcome to join Vena Network telegram group: vena_network to know more about Vena Network.
What is Vena Network?
Vena Network is a tokenized asset financing and exchange network. At present, Vena Network have issued its working product. After registering in Vena, users will be able to conduct OTC and collateral lending. Vena's investors include 2 exchanges Kucoin and DigiFinex. (The full list of investors is shown below)
The Value of VENA Token
To establish a verified Vena node, a certain number of VENA Tokens should be deposited in Vena Foundation.
To become a Vena juror, a certain number of VENA Tokens should be deposited in Vena Foundation.
VENA Token holders can enjoy investment opportunities with annual return of 20%.
Paying OTC trade service charges in VENA Tokens can enjoy discount.
Users borrowing money with VENA Tokens as collateral can enjoy discount, and obtain higher loan-to-value ratio and lower liquidation limit.
The order of borrowing money with VENA Tokens as collateral shall be highlighted.
The ICObench rating
Vena Network will provide investment services soon on 10th, November, 2018, please stay tuned.