Invech — Functioning Blockchain Smart City

No doubt, technology has always played a major role in the evolution of the city. Since the first human settlements to the industrial revolution to this day, 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.

Invech Groupis 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.

Vision & Mission

Improve life through blockchain and technology to create a stable and growing digital economy.
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.
Increase human capital and the capabilities of the local population of Timor Leste.
To provide advice and consultation to the government regarding blockchain and technology matters.
To provide education and training to improve livelihoods.

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.

Problems faced by

human resources are insufficient
Human resources are collective skills, knowledge, or other intangible assets from individuals that can be used to create economic value for individuals, their employers, or their communities: Education is an investment in paid human resources in terms of higher productivity. The concept of human capital recognizes that not all workers are cooperative and that employee quality can be improved by investing in it; education, experience and capabilities of employees have economic value for employers and for the economy as a whole.

THE BIGGEST BLOCKCHAIN EVENT, THE FIRST CITY SMART BLOCKCHAIN WORLD

The Smart City Blockchain

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

TOKEN — INVECH TOKEN PLATFORM

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 is 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 Tokens

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.

LIST ABOUT THE EXCHANGE OF INVECH CRYPTOCURRENCY

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 Token IV (USD 24.000.000)
Hard Cap: 175.000.000 Token IV (USD 60.000.000)

Price in IEO

Phase 1: US $ 0.32 (after a 20% discount)

Phase 2: US $ 0.36 (after a 10% discount)

ALLOCATION OF TOKEN

DISTRIBUTION OF FUNDS

ROADMAP

Conclusion

Based on the data and facts seen, INVECH is very good for review and investment. This is based on reality for now, many projects are not good, and makes everyone who invests a lot of questions about their certainty and truth, so if you want to invest in this project, you should read all about the article I made, so you can find out more about this ICO project from them.

More Information :

Website: https://www.invech.io
Telegram: https://t.me/InvechOfficial
Whitepaper: https://tokensale.invech.io/documents/ieo-whitepaper.pdf
Ann Thread: https://bitcointalk.org/index.php?topic=5052844.0
Facebook: https://www.facebook.com/InvechExchange
Twitter: https://twitter.com/invechexchange
My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2602252