Vestarin aims to tackle many hurdles across the crypto space in a single blow. It provides a platform to exchange goods and services for their VST crypto token, it provides a platform for creators to find others to join their team to create a new project to take to ICO, it will also act as a platform for these ICO sales and will provide peer reviews of the ICO's and will also show the contribution amounts and the amount of people that have contributed these funds. All of this aiming to stop the influx of poor and scam ICO's influencing the market.
They also plan to tackle the classic issue of post-ICO price fluctuations. The times when the coin is released and will skyrocket and then the price will crash back down and confidence along with it.
Vestarin is currently in Pre-ICO, offering a 56% discount and have currently raised 42% of their 5000 ETH Pre-ICO hardcap.
The Chief Executive Officer (CEO) of Vestarin isSaid Radzhabov, a self proclaimed "serial entrepreneur". He has previous experience and exposure to blockchain technology as well as experience in the CEO position from his previous venture, Crypto Angels. However, this is not his best contribution tot he team, Said has a reputation as the "Eastern European Dan Bilzarian". While this is a very outlandish statement I believe that his mass following will allow for easy exposure to the platform.
Jana Alieva is in charge of Business Development - a similar role to which she occupied while working with Said at Crypto Angels. The fact that these two have worked together before illustrates the pre-existing chemistry of the team members, a strong feature to look for.
Alexander Strakh (Smart Contract Developer), Vlad Palamarchuk (Chief Technology Officer), Alina Bondar (Senior Back-End Developer) and Max Tishchenko (Back-End Developer) make up the tech side of the team.
Alexander is a Sofware Engineer that has 9 months previous experience in Smart-Contract Development for Convesting and Taskfair. While this is not the most extensive experience he also has 11 years experience as a Software Development Engineer, experience which will greatly aid this project.
Vlad, the CTO of the project has experience in both the CTO position and Back-End Development. This experience paired with both Alina and Max will leave the project with no shortage of User interface development.
As previously stated, this project aims to provide a platform for good and services to be transacted for cryptocurrencies as well as provide a more transparent and safer way for investors to participate in ICO's. It also aims to act as a kind of LinkedIn for professionals wanting to develop a blockchain solution.
They are wanting to implement this as a web service as well as make it available on mobile platforms.
The platform aims to take 5% as commission on transactions, is they cater for $1 Billion in sales (a statistic proposed in their whitepaper) they will receive $50 Million in capital. This number is quite possible if the project follows through to act as a marketplace and an ICO fundraising platform.
The team is aiming to have over 500 shops registered by November in 2018, this is not including ICO's and private sellers. While this may not seem like a large amount of stores, this is the equivalent to multiple large shopping centres. This would provide a large amount of usage and traffic through the platform. This number will be raised to 10 million users and 8000 shops, if these projections are met that would mean a massive return.
With a Pre-ICO where 1 ETH is worth 3000 VST you will be gaining a 56% discount. This is one of the most generous discounts available in current ICO's and is something that acts as a very large safety net. I project this project to return a 200-300% profit short term and potentially a much larger return in when the tokens are released. I do not think this token would be one to hold all of your money in for a long time however I do think it will be a profitable venture regardless.
However, as always, only invest what you can afford.
