Vanig

Vanig

Created using Figma
Created using Figma

Last Update

Jun 3, 2018

Vanig World's first integrated e-commerce and supply chain ecosystem promoted by Blockchain. Our goal is to build a platform to change the mechanism of e-commerce.
ICO
Aug 22, 2018
Jul 31, 2019
26% completed
Raised funds - no Data
Cap 28 000 000 USD
Hard cap 280 000 000 USD
ongoing
Sale
Jul 23, 2018
Sep 25, 2018
100% completed
$1 650 000
goal
cap
82% cap completed
Goal 20 000 000 USD
Cap 2 000 000 USD
past
  • 1 VANIG
    =
    0.25 USD
Token Details
Ticker
VANIG
Total supply
225,000,000
Token Distribution
63% - Token Sale
15% - Team Tokens
12% - Vanig Rewards and Incentives
5% - Referral and Bounty
3% - Advisors & Partners
2% - Legal
Company Details
Registered Company Name
Vanig
Registered Country
Nevis and Saint Kitts
Bonus Structure
- Pre-Sale (23rd July to 6th August): 30%
- Main Sale Stage 1 (07th August to 16th August): 25%
- Main Sale Stage 2 (17th August to 26th August): 20%
- Main Sale Stage 3 (27th August to 05th September): 10%
- Main Sale Stage 4 (06th September to 15th September): 5%
- Main Sale Stage 5 (16th September to 25th September): 0%
Additional Details
MVP/Prototype
Yes
Platform
ERC 20 and Hyperledger Sawtooth
KYC
Yes

About Vanig

What is Vanig

Vanig is an e-commerce startup powered by the blockchain. Our aim is to create a platform that changes the way e-commerce works. From manufacturer to consumers, we can apply the power of the blockchain to make shopping an amazing experience for everyone involved.

Vanig Roadmap

  • MAR 2017

  • Vanig concept is born
  • MAY 2017

  • Core team was formed, Business process and Technology solution framework created
  • JUN 2017

  • E-commerce Development kicked off
  • DEC 2017

  • Build Smart Contract and Blockchain components
  • Read More
  • FEB 2018

  • Integration between e-commerce and Blockchain
  • JUN 2018

  • VANIG Token Generation Event
  • SEP 2018

  • Launch e-commerce Alpha Version ecosystem - Open up registration for Vanig team & community
  • DEC 2018

  • Mobile App Launch and On-board up to 1000 Supply Chain Asia Manufacturers/Sellers to Ecosystem
  • MAR 2019

  • Pilot Vanig e-commerce to Asia - Philippines & Malaysia Consumers for Health, Home & Beauty Categories
  • JUN 2019

  • Expand categories to Apparels, Electronics & Toys; On-board 5000 Sellers to ecosystem
  • SEP 2019

  • Launch Vanig to Vietnam; Vanig 2.0 Product release
  • MAR 2020

  • Launch of Singapore 10,000 Sellers to Ecosystem
  • SEP 2020

  • HongKong Launch, Vanig 3.0 Product release
  • MAR 2021

  • Vanig Launch in Indonesia
  • SEP 2021

  • India Launch
  • MAR 2022

  • On-board 25,000 Sellers to Ecosystem
  • MAR 2024

  • On-board 100,000 Sellers followed by rest of world subsequent roll out's - US, UK, Germany, France, South Korea, Canada, Russia, Brazil & Japan

Activity

Activity:
55
LOW
Posts:
4 007
VERY HIGH
Views:
15 586
VERY HIGH
Activity:
55
LOW
Merit:
0
VERY LOW
Posts:
7 181
VERY HIGH
Views:
51 340
VERY HIGH
Users:
1 163
VERY HIGH
Posts:
389
HIGH
Followers:
16 515
VERY HIGH
Likes:
15 950
VERY HIGH
Rating:
4.90
VERY HIGH
Reviews:
135
HIGH
Followers:
13 549
VERY HIGH
Tweets:
605
VERY HIGH
Fake Users Detected:
2.30%
30 Days Growth:
-1839
Members:
16 551
VERY HIGH
Investors Detected:
5.70%
30 Days Growth:
-1209
Alexa
Rank:
1 969 193
VERY LOW
Delta:
1 448 653
Year commits:
119
Watchers:
11
Stars:
21
Forks:
11
Open issues:
0

Materials

Team

Verified 100%

Co-Founder
verified
CEO
verified
CTO
verified
CCO
verified
Marketing Director
verified
BlockChain Architect
verified
Platform Dev. Lead
verified
Platform Architect
verified
Platform Developer
verified
Platform Developer
verified

Advisors

Verified 43%

Attention. There is a risk that unverified members are not actually members of the team

Advisor
verified
Advisor
verified

Vanig Interviews

Prem Sekaran
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I provide the overall strategic vision and direction for Vanig global team.

Vanig is the world’s first integrated E-Commerce platform and Supply Chain ecosystem powered by the blockchain. Vanig addresses several significant Supply Chain and E-Commerce challenges and inefficiencies, providing a higher level of brand experience.
Dan Ramirez
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I am CEO of Vanig
Geofrey Rainey
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
My name is Geofrey and I am Vanig’s CTO and am excited to bring this cutting edge technology into the market.
Lars Lima
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
As CCO I am responsible for the overall marketing and go to market strategy for Vanig.
Thomas Copeland
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I provide direction and management over our marketing team and campaigns across various platforms. Vanig is being built as an e-commerce ecosystem that tackles key issues in e-commerce today and has an experienced team in place to carry out this mission.
Vishal Nigam
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I am responsible for designing the vanig ecosystem on blockchain.
Don Quartiere
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
My focus is strategically-sound blockchain-enabled and emerging technology convergence for an evolving e-commerce/trade finance/supply chain ecosystem. With a background of bringing innovations to market for global industry leaders, SMEs, and disruptive entrants, I expect to do the same for Vanig's transformation of e-commerce.
Alan Wong
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Highly committed team that is working on a hyperledger blockchain ecommerce that will change the way goods are sold and delivered.
Jim Cocallas
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Vanig is an amazing opportunity and is poised to make a huge impact in e-Commerce, Supply Chain and Block Chain. Our founders are executing on their vision and the executive team and advisors are all engaged and creating an outstanding platform.
Gaurav Bhadula
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Excited to be a part of this project, we have many challenges in front of us but the project has a huge potential.
Prashant Kandwal
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Great project to work on!
Mukesh Bisht
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I am part of the development team currently working on developing the MVP.
Karan Shah
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
e-commerce is exploding, seeing double digit growth across the board. Its a great time to be in the e-commerce industry. Vanig is an e-commerce solution built on the blockchain. As a platform developer, I work with other developers in building a platform that is easy to use yet feature rich

Last News

3.93
stable
5.0 11
ICO Profile Vision Activity Potential Product Team

Vanig Reviews

expert-coin.com
News, reviews

Project strong sides: interesting and useful idea; detailed financial projections; well-analyzed market and marketing strategy; proved advisors.

Project weak sides: suspicious founders’ LinkedIn profiles.

So our position is positive.

Read More
icorating.com
ICO review website

1) One of the main risks is that the platform might fail to obtain a global market share, thus making successful development impossible.

We think that the platform’s success will depend on whether it is adopted by a “critical number” of participants. All of the platform’s obvious advantages, such as verified listings, a tracking system, blockchain transparency etc. will matter only if the solution is used by a large number of participants. That is why it is of paramount importance that the number of users grows exponentially over the first period of the platform’s operation. Once the Vanig system has proven effective and convenient, more and more sellers and buyers will start using it. In the event there are not many participants and VANIG tokens are not used, investors will want to sell VANIG. The platform offers some really beneficial e-commerce services; however, it will manage to grow and become successful only if the team does its best to attract partners and runs an effective marketing campaign.

2) The second risk is associated with token volatility and the use of tokens for payment.

When new participants start using the platform, token demand and price are likely to grow. When the tokens are sold by various participants, they could drop abruptly. These fluctuations could enable investors to make money from price movement; however, high volatility or even rapid price growth in the short- and medium-term perspective might frighten platform users. The risks associated with rapid price fluctuations will impede token usage, as platform participants may prefer other payment methods. Moreover, once they have completed transactions, many users will want to convert tokens into fiat, thus avoiding the risks associated with price changes. This will prevent the token from becoming a proper payment means. It will remain just one of the components in a “fiat-token-fiat” transaction chain, which will decrease its value as a payment method and impede any increase in demand.

High volatility might be profitable for investors, but might have a negative effect on internal token use on the platform. Lower volatility will be better for the project’s development and scalability, but the price growth will probably not be sufficient for investors/token holders.

3) Highly competitive environment. There are many major market players who have proven that “traditional” e-commerce is stable and effective. Statistically, 44 cents of each dollar spent on e-commerce in the USA belong to Amazon. We think that introduction of “revolutionary solutions” in this segment might be problematic despite all the advantages of blockchain. It might be difficult to convince sellers that Vanig is better than the services they are using at the moment. Moreover, token accounting might be problematic for legal entities, which could negatively affect the platform’s adoption and its application in the “traditional” e-commerce economy. All of these factors might have a negative effect on the platform’s popularity, scalability and future success.

4) Delays in product development and failure to meet the roadmap time frame.

The project envisages quite a complex technical solution, which bears high risks. At the moment, despite an operating MVP, the product is hardly ready. It is of utmost importance that the project attracts partners and provides updates and feedback to the community. This will enable assessing the progress of development, ensure more transparent token pricing and gaining a clearer idea about the platform’s future.

5) Legal and regulatory risks. The project has a legal entity registered in the Federation of Saint Kitts and Nevis. This fact will affect relationships with users, contractual arrangements and the project’s reputation as incorporation in this region may alert both users and investors. Moreover, listing on large exchanges might be impeded by buyback and other programs intended for token price support. Regulators in different countries have negative attitudes towards such measures.

6) Low volatility and pricing risks.

The project is associated with a large number of risks regarding the token price because of possible sales in the short- and medium-term perspective. Buyback activities might result in the accumulation of a large number of tokens on the platform. This poses additional liquidity and heightened volatility risks that may alert investors and cause them to be more cautious.

Read More
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