Invech Cryptocurrency Exchange is an exchange of cryptocurrency pioneered by Invech Group. We have our own platform token called Invech Coins or IV which runs on the ERC20 platform. Licensed and authorized directly from the Government of Timor Leste, our licenses cover the entire framework of the blockchain and cryptocurrency, including cryptocurrency exchanges, ICO, mining mining, blockchain solutions, etc. This is also the first blockchain / cryptocurrency service out of Timor Leste.
The Democratic Republic of Timor-Leste, or Timor Leste in English, is the First New Sovereign Country in the 21st century. Located in Southeast Asia, with a population of around 1.3 million. Bordering Indonesia, a sovereign country consists of the eastern part of Timor island and several other nearby islands. This country returned its sovereignty in 2002 after the Indonesian occupation. The decades of struggle for East Timor's independence against Indonesia damaged much of its economic infrastructure, making it the poorest country in Asia.
At present, they are still rebuilding and correcting difficulties before independence. And Invech hopes to become a channel for the people of Timor Leste to improve and change economic status. Thus, creating a sustainable economy, and at the same time smart and advanced technology, the blockchain country.
*Mission*
*To introduce alternative currencies through the creation of Invech Tokens.
*Bringing foreign direct investment & reducing unemployment.
*Manage crowdfunding through a controlled process.
*To fully give tokens to tourism and agriculture in Timor Leste.
*Increasing human capital and the capacity of the East Timorese local community.
*To provide advice and consultation to the government regarding blockchain and technology issues.
*To provide education and training to improve livelihoods.
technological advances have affected the homes we use, the cities we live in and the environment around us. We have experienced global trends that have paved the way for the revolution.
Blockchain technology is a revaluation of the digital world today. Blockchain technology is creating a storm in the digital world today in almost every industry starting in 2009, when it was created. When it comes to digital ledger systems technology is used for cryptography. The nature of blockchain technology has gotten the imagination that today runs wild, because the blockchain is an encrypted database that is distributed by ledgers, decentralized and impenetrable. Since its discovery, it has been used to reshape the way businesses conduct in almost every industry from government, finance, health to smart cities.
* Blockchain Smart City *
Blockchain has become one of the main technologies in planning smart cities in the future. It debuted as a digital ledger to save value back in 2009 with Bitcoin cryptocurrency. Since then, nothing has stopped the Blockchain revolution!
* 6 Core Components of the Smart City Blockchain *
Invech Group is a company operated by the government of Timor Leste to regulate and block the business of crypto currencies. This is a partnership put together by large business groups and experts from Indonesia, Hong Kong, China, Malaysia and Timor Leste. We aim to develop East Timor into a crypto currency and bring investment into Timor-Leste to revitalize the economy of this new postwar country. Invech Group has been awarded a total of 9 business licenses in Timor Leste. And we believe that Invech Group can strengthen it with a true and reliable framework.
* About Invech Group *
INVECH Group is a partnership united by business groups and extensive experts from Malaysia, Hong Kong, China, Indonesia and Timor Leste. We have expertise from raw material mining, logistics, industrial development, renewable energy development, tourism, health care, banking and finance, oil and gas, real estate, education and information technology.
*Timor Leste*
The Democratic Republic of Timor-Leste, or East Timor, is the First New Sovereign Country of the 21st century since 2002. It is located in Southeast Asia, with a population of around 1.3 million. Bordering Indonesia, a sovereign country consists of the eastern part of Timor island and several other nearby islands. This country returned its sovereignty in 2002 after the Indonesian occupation.
The decades of struggle for East Timor's independence against Indonesia damaged much of its economic infrastructure, making it the poorest country in Asia.
* PLATFORM TOKEN - INVECH TOKEN *
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 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.
This is a list of coins / pairs that will be listed first:
BTC / Bitcoin
ETH / Ethereum
USDT / Tether
IV / Invech Token
More coins / pairs will be added / registered over time. We generally only add coins that have strong credibility, a user base, and liquidity. We also have plans to support fiat currencies, especially USD, HKD and IDR. To be applied accordingly later.
* REGISTER ABOUT EXCHANGE CRYPTOCURRENCY INVECH *
If you have coins / tokens that you want to register at Invech.io later, participating in our IEO (Initial Exchange Offers) will help. At present, we encourage ICOs to want to register with us to contact us directly because different ICOs have different needs with different requirements. However, we will thoroughly screen all ICOs before registering with us in accordance with our SOP list. You can also check our website for our listing criteria once available.
WHY DO YOU HAVE TO PARTICIPATE IN INVECH TOKEN SALE?
Strong and strong relationship with the East Timorese government that is blockchain / Crypto-friendly.
LICENSED to implement Fiat - Crypto - Fiat.
All exchange users will get discounts up to 60% when they use IV to transact in exchange.
Invech CRYPTO - FIAT ATM.
Use of extensive platform tokens - More than 9 crypto and licensed online businesses.
Active traders will reap prizes ranging from cryptocurrency bonuses, platform discounts, merchandise or trips to Timor Leste.
Invech will be listed on the Nasdaq OTC exchange at the end of 2018 which will further increase exposure, reputation and trust from the market. While at the same time, has an appreciation value token.
We will implement many volume-generating strategies that will bring more transactions to exchanges, such as payment gateways, secondary exchanges, and others such as tourism - hotels and casinos, agriculture, consulting, etc. IV Tokens will be the base currency so that it increases liquidity, market capital, and credibility.
Managed and operated by an experienced and competent team.
10% of the total allocation will be used for Timor Leste - Invech Foundation.
* Benefits of owning or holding IV tokens *
Multi-Platform - Invech Token will be used on all Invech Group business platforms.
Exchange Discounts - Get up to 60% discounts on transaction fees when trading with IV Tokens.
Peer-to-Peer Payments - The ability to use them as P2P payments for businesses and individuals. Mobile wallet will be released.
Early Bird Discounts - IEO participants can have an IV Token at a discounted price and enjoy token appreciation after completing the IEO.
Crypto-Fiat - Platform for converting IV Tokens to Fiat will be launched in 2019.
Recognized - IV Token is recognized as a legitimate crypto currency by the Timor Leste government.
To be widely accepted - Aim to become the main payment method for Timor Leste - Blockchain Smart City.
Low Risk Investment - Invech is a licensed body from the Government of Timor Leste to conduct and regulate crypto related businesses.
* IEO SALES *
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 IEO *
Phase 1: US $ 0.32 (after a 20% discount)
Phase 2: US $ 0.36 (after a 10% discount)
* ALLOCATION TOKEN *
* DISTRIBUTION OF FUNDS *
Post-IEO Platform 150,000,000 IV 30.00%
Founding Team 100,000,000 IV 20,00%
IEO Phase 2 100,000,000 IV 20.00%
IEO Phase 1 75,000,000 IV 15,00%
Timor Leste - Invech Foundation 50,000,000 IV 10.00%
Airdrop and Marketing 25,000,000 IV 5.00%
* Milestone *
May 2017 The idea and formation of a core team.
Oct 2017 CIDA Holdings Limited (HK) invests.
Nov 2017 BBM Blockchain Indonesia invests.
Feb 2018 The first meeting with the Timor Leste government.
Mar 2018 SMID (CN) as advisor.
Jun 2018 Obtained a digital currency exchange license from the Timor Leste government.
Signing of MOU June 2018 with BBM Blockchain Timor - MWII (CN).
Jun 2018 Nasdaq listed the company to invest US $ 20,000,000 in pre-sales.
Commencement of the 2018 Jul Roadshow.
October 2018 Publicity Campaign in Hong Kong.
Oct 2018 Signs MoU with MAPEM (Council
Malaysian Economic Development).
December 2018 Public List of Invech about OTC, Invech Consultancy.
December 2018 Invech Loan Management System for Timor Leste.
Jan 2019 Invech Exchange Offers (IEO), Full Official Launch with Fully Operational Exchange Platform.
Feb 2019 Crypto ATM.
*ROADMAP*
ANN: https://bitcointalk.org/index.php?topic=5052844.0
Whitepaper: https://tokensale.invech.io/documents/ieo-whitepaper.pdf
Invech Token sale: https://tokensale.invech.io/
Facebook: https://www.facebook.com/InvechExchange
Twitter: https://twitter.com/invechexchange
Telegram: https://t.me/InvechOfficial
Youtube: https://www.youtube.com/c/InvechExchange
Medium: https://medium.com/@bountyinvech
AUTHOR (nyi): https://bitcointalk.org/index.php?action=profile;u=2608287
ETH Adress: 0x5122481c8b397FE19A27F041E68579D128F2673c
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