As the cryptocurrency industry continues to grow, so does the potential for scams & fraudulent activities. Unfortunately, these malicious actors have managed to manipulate the system & steal millions from unsuspecting participants.
A solution is finally here! @VetMe
In this thread, we'll mainly be looking at:
• What $Vetme is
• Its unique utilities
• Why $Vetme is a ticking time bomb..
What is $Vetme?
$VetMe was created as a solution by @TomTheCrytoguy after experiencing lots of scams himself in the DeFi market. It's an escrow service system on the Blockchain & a vetting platform with KYC service. It's vetting platform for professionals, Redesigning escrow...
services and Creating the best user-friendly KYC.
In other words, it is a decentralized platform that provides users with an OTC DEX on the blockchain and a vetting service with AI powered KYC system.
To ensure that people get value for money and that they are not...
an attempt to hire a professional, VetMe has created a platform that is anchored on four (4) utilities to ensure that people go about commercial activities in the crypto space & on the internet generally.
These four (4) utilities include:
• P2P escrow service...
• Over-the-counter (OTC) trading &
• Know your client (KYC)
Getting the best of VetMe's 4 Utilities VetMe' s world- class services are anchored on these four (4) utilities.
Very quickly, I'll be discussing briefly on the solutions these four unique...
utilities bring to the space.
P2P ESCROW SERVICE SYSTEM
P2P Escrow Service System on the Blockchain. With their P2P escrow service system, you are assured of security and safety when doing business on any blockchain-
Their primary goal in developing...
...was to guarantee the satisfaction of all parties to an agreement and the highest level of security for their services and resources.
For instance, @BillionAireSon🔺️ (💙,🧡)
needs the service of a developer and to be assured of getting the best of the transaction, BillionAireSon...
...employs VetMe escrow for the transaction. The developer is contacted for a job offer and he decides to proceed with the escrow-involved transaction. By proceeding, it means that VetMe, as the middleman, will collect the payment for the service from
the hirer. It is until...
...the hiring party approves that the job done is satisfactory that $VetMe will release the money to the contracted developer. This way, a transparent deal is achieved with the parties involved is satisfied.
VETME's OTC PLATFORM
VetMe's OTC platform is a decentralized...
...that allows users to connect their wallets, such as MetaMask or Trust Wallet, to the platform. This enables users to trade tokens securely and directly with one another without the need for intermediaries or centralized exchanges.
On the platform, users can choose to...
...list or swap their tokens. To list a token, a user offers to exchange it for another token at a fixed price. They can do this by approving the transaction on the listing interface on our platform. Once the transaction is approved, their smart contract will receive the...
...information & list the trade on the platform...
For those that might be curious to know the difference between this OTC trading Dex and the normal Decentralized exchanges, here's a well detailed article that explain some of the features of the VetMe OTC Trading Dex, which...
...sets it apart from traditional Decentralized exchanges.
VETME's UNIQUE KYC SERVICE
For those of us that have been in the crypto space for a while, I believe this isn't new to us. KYC, or Know Your Customer, is a process used by businesses to verify the identity of their clients and assess their potential risks for money...
...misappropriation, terrorism financing or worse. Although there are several platforms & businesses that provide KYC services, these services are not always successful in reducing criminal activities in the cryptocurrency sector. The $Vetme KYC service uses more sophisticated...
techniques than are typically used to ensure safety and trust in order to overcome this issue. This involves gathering a lot of data on the client using resources like Google Maps, GPS, and concrete references. They aim to provide their clients with a safe and reliable...
...atmosphere by taking these extra safeguards.
VETME's VETTING SOLUTION
VetMe is a platform that allows users to vet (that was actually where they derived their name from: "Vet-Me"), i.e. verify the authenticity individuals. This individual to be vetted could be...
...probably a crypto influencer,, a forex trader or anyone at all. To do this, VetMe relies on a network of ordinary traders, followers of the individual being vetted, and other interested parties who are willing to help with the vetting process.
In the future, $Vetme will be...
...automatically match users with vetting jobs based on the information they provided in their profile during registration.
In addition to matching users with vetting jobs, VetMe's platform also operates in a decentralized manner. This indicates that a distributed network of...
...users is required for the platform to operate and that it is not under the control of a single central authority. As choices are decided based on the collective input of the entire network rather than by a single individual or group, this decentralized structure enables...
...better openness and justice.
So with these above Solutions, you can see how unique @VetMe
products are and would agree with me that @VetMe
project is really second to be compared to none at the moment.
Aside these utilities, here are other factors why I have a strong conviction that $Vetme will really do amazing well on a long run...
The factors include:
• Partnerships with DeFi protocols and real world businesses
• Proper marketing plans and strategies
• Solid and proper auditing
Without further ado, let's take a look at each factors very briefly
The total token supply is one billion (1,000,000,000) and it is fixed. Their marketing tax is 3%, 1% for development and 1% for the LP. The VetMe token serves a...
...dual purpose i.e. it is a utility token and it also is a means to fund the project in terms of the taxes.
Also, the fees from development can be used to get their utilities out.
• Token Utilities/Usecase
- 50% Profit sharing to people who stake $VetMe.
- Using $VetMe Token for payments attracts zero fees.
- Staking Dapp
PARTNERSHIPS WITH DEFI PROTOCOLS AND REAL WORLD BUSINESSES
I believe you'll agree with me that partnership is essential in the world of business and @VetMe
isn't left behind in this aspect.
They have done some strategic collaborations and still looking forward to doing more particularly with venture capitalist. They already sealed partnership deals with Heal the World, Kitty Dinger
and Router Protocol. The partnership with Heal the World ($Heal) will see to the...
... integration of the VetMe Vetting and KYC application into the upcoming LBP platform. $Heal is a cryptocurrency initiative established to provide global humanitarian aid, for movements and businesses.
Kitty Dinger ($SCHRODINGER) has been $VetMe's partner on incubation and...
...launch while still serving as an advisor for the project. The alliance between the two company is bound to bring more successes in the future.
Partnering with Router Protocol gives $VetMe the opportunity to leverage Router's cross-chain capabilities for their escrow...
...services and to enable a token bridge for $VETME between @Ethereum Foundation
& @Arbitrum (💙,🧡)
blockchains from their platform directly.
PROPER MARKETING PLANS AND STRATEGIES
A well-thought-out marketing plan can have a huge impact on the success of a crypto project.
It can help the project to gain visibility and build trust with potential users, while also giving the team a platform to communicate their message and showcase their product. $Vetme is also not lagging behind as regards this aspect. Some of their marketing plan includes...
...content release, social media outreach, press releases, outdoor advertising and the likes.
So as you can see, $vetme is really a great project everyone should have a bag in it
SOLID & PROPER AUDITING
's smart contract has been fully audited by @InterFi Audits 🛡
& their audit results came in with flying colors.
An independent and unbiased assessment of their project’s code and protocol has been carried out, so you can be rest assured of...
...potential security flaws.
$vetme is genuine one of a kind - changing and second to be compared to none DeFi innovation with their vetting idea & unique features and innovations as discussed in the thread. $Vetme is here to redefine how DeFi operates.
Trust me, $vetme is a ticking time bomb, it's here to redefine DeFi for the best and I can assure you that it really has great potentials.
Trust me, $vetme at it's current marketcap is very conservative owing to the fact that they aren't even yet to be listed on any...
...centralized exchange & still even have lots of updates coming in their road map
With so many positive catalysts lined up, the @VetMe
community has seen impressive growth and support upon launch, breaking new ATH almost every week.
Just envision yourself snagging a more valuable $BNB at 335k MC?
Wouldn't that have been amazing?
With current 24hr Vol of $114k, liquidity of $333k & Mcap of $3.8M @VetMe
is sure to do amazingly well....
To join the moving train of $Vetme holders, visit:
OTHER USEFUL LINKS
Medium: @mary carroll
To your success,