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AsicVault ico review & rating

AsicVault

AsicVault is a security company making secure element chips and solutions for the crypto industry. Our chips burn AsicFuel (AVF)
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Review & Analysis ❯ Website⇱ Whitepaper ❯
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What is AsicVault about?

Each of AsicVault secure chips can support thousands of users with their private keys kept in a completely segregated manner. This allows us to build first secure Online Hardware Vault as well as build first secure Decentralized Crypto Exchange. AsicFuel (AVF) will be used as a native coin for fee settlement, discounts and more.

What are the value drivers behind AsicVault token price?

The main value drivers behind the AsiVault token price is the demand for benefits that can be received by using the token in the AsicVault ecosystem and AsicFuel burning. Examples of such benefits in the ecosystem usage would include settling transaction fees and trading at discounted rates. AsicFuel burning reduces the circulating supply of AVF which in turn increases the price if the demand stays the same as before burning.

What is the value proposition of AsicVault?

AsicVault will build 1RU sized appliance systems that can support between 100,000 to 1,000,000 users. All private keys of these users are held in isolated chip areas and they are not accessible to other users. It is impossible to steal or access all the keys at once because of this segregated secure storage. There is no vulnerable operating system that one could hack into, there is no way to copy the private keys since such function simply doesn’t exist in hardware! This appliance system can be used by online wallets, exchanges, banks and other companies holding various blockchain assets. At all times you will be the owner of your private keys, no one could withhold or steal your funds. Hacking exchanges is no longer possible.

 

Their chips together form a proper Trusted Execution Environment (TEE). In a similar fashion to Teechan, but without locking up funds in payment channels, Trusted Execution Environment allows us to perform instant transactions between AsicVault users, you could also call them Atomic Swaps. Since we can support different cryptocurrencies without any limits, the same TEE forms high frequency trading system – Decentralized Exchange (DEX). At all times you are the owner of your private keys. You don’t have to deposit/withdraw anything. Even your personal AsicVault hardware wallet can directly participate in the decentralized exchange.

The AVF token

  • Token symbol: AVF
  • Total supply: 200 000 000
  • Available for sale: 65.625% (131 250 000)
  • Token price: 1 AVF = 0.60 EUR

AsicVault ICO Roadmap

5M EUR

Q1 2019

AsicVault Hardware Wallet

10M EUR

2019

AsicVault Virtual Online Vault

20M EUR

2020

Decentralized Exchange

40M EUR

2020-2021

Next Generation AsicVault Security Chip

50M EUR

2022

To The Moon - AsicVault Satellite

AsicVault team members and advisors

These have not been verified
AsicVault ICO Hando Eilsen
Hando Eilsen
CEO and Chief Architect
AsicVault ICO Andris Vaivods
Andris Vaivods
Chief Commercial Officer
AsicVault ICO Rain Adelbert
Rain Adelbert
Chief Hardware Engineer
AsicVault ICO Matiss Paegle
Matiss Paegle
Corporate Finance
AsicVault ICO Nauris Circenis
Nauris Circenis
Chief Tokenomist
AsicVault ICO Slava Kravtchenko
Slava Kravtchenko
International Affairs
AsicVault ICO Toms Meijers
Toms Meijers
Marketing, Branding and design
AsicVault ICO Viesturs Selmanovs Pless
Viesturs Selmanovs Pless
Web Development
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