Transparency and Trust has been a major setback in the Crypto space.
With the number of scammers and fraudsters rising everyday, P2P trading especially with the anonymity in the Crypto space is putting your funds at risk.
@VetmeToken proffers a solution to this.
A Thread ๐งต, #Rt
With the number of scammers and fraudsters rising everyday, P2P trading especially with the anonymity in the Crypto space is putting your funds at risk.
@VetmeToken proffers a solution to this.
A Thread ๐งต, #Rt
@VetmeToken is a decentralized Escrow and OTC (over the counter) platform on the blockchain with vetting service and KYC system.
Vetme was built on the basis of four key points;
-Escrow
-OTC trading
-Vetting and
-KYC (know your customer)
Vetme was built on the basis of four key points;
-Escrow
-OTC trading
-Vetting and
-KYC (know your customer)
-ESCROW is a third party that holds the funds of a transaction until the terms of agreement are met between both parties.
E.g Samuel wants to buy a phone from Richard, but Richard wants assurance that he'll get the payment from Samuel.
Samuel would only pay if...
E.g Samuel wants to buy a phone from Richard, but Richard wants assurance that he'll get the payment from Samuel.
Samuel would only pay if...
He receives the phone in a satisfactory condition.
So an Escrow holds Samuel's money and releases it to Richard once the transaction is complete.
-OTC Trading involves direct buying and selling of assets between crypto traders.
So an Escrow holds Samuel's money and releases it to Richard once the transaction is complete.
-OTC Trading involves direct buying and selling of assets between crypto traders.
The concept of OTC is to conduct swift, uninterrupted Crypto transactions whether big or small without attracting unnecessary attention but in an unregulated space like the Crypto space, it is difficult trustworthy traders or investors who are willing to transact transparently.
@VetmeToken platform provides a platform for users to transact securely and directly with one another without the need for intermediaries or centralised exchanges.
-VETTING:
The internet is filled with unverified profiles, details and information about individuals and..
-VETTING:
The internet is filled with unverified profiles, details and information about individuals and..
Service providers making difficult to ascertain their level of competence and transparency.
This means vetting, fact-checking and professional recommendations are the only solutions.
Vetme provides a platform that allows users vet individuals for competence and transparency.
This means vetting, fact-checking and professional recommendations are the only solutions.
Vetme provides a platform that allows users vet individuals for competence and transparency.
-KYC is a process of verifying the identity of your clients and assessing the potential of misconduct, fraudulent activities or worse.
Vetme KYC service unlike others, employs more advanced measures to ensure safety and trust.
Vetme KYC service unlike others, employs more advanced measures to ensure safety and trust.
@VetmeToken was founded by @TomTheCrytoguy and his outstanding team who's experience in the Crypto space birthed the idea of this amazing project.
Vetme has partnerships with;
@KittyDinger
@routerprotocol
@Healtheworld_io
Vetme has partnerships with;
@KittyDinger
@routerprotocol
@Healtheworld_io
With the potential of this project, it is likely to do more than $Gigaswap currently sitting at 5mil Mcap.
@VetmeToken primary goal is to create a safe environment for crypto trading with Escrow services and identify credible parties with vetting and KYC services.
@VetmeToken primary goal is to create a safe environment for crypto trading with Escrow services and identify credible parties with vetting and KYC services.
To get more information about Vetme check their website: vetmeblock.com
Join their Telegram- t.me
Link to Buy-
dextools.io
Join their Telegram- t.me
Link to Buy-
dextools.io
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