ICO Ended
655 days 13 hours ago


The world's first 0% commission insurance on the blockchain. Our goal is to revolutionize the insurance industry! We are probably the first company in the world ready to implement a high-end technological solution which will dramatically lower the cost of insurance services while making the business way more efficient and friendly for all parties-from End Clients to major Insurance Companies! Vernam utilizes blockchain technology to provide: 1. Competitive online marketplace for conventional insurance products by the biggest insurance companies 2. Generous compensation - up to 30% of the policy premium in Vernam tokens (VRN) is returned to clients 3. “CryptoSafe” - a smart contract, guaranteeing that when a defined set of events occur, the client will be compensated with a certain amount of Vernam Tokens (VRN). The newest and most innovative blockchain based insurance product that Vernam will introduce.

ICO Dates
20 Aug 2018 - 20 Sep 2018
Whitelist / KYC
KYC & Whitelist
Token Type
Available for Sale
Pre sale Price
1 VRN = 19.6000004
ICO price
1 VRN = 11.7600002
ETH, BTC, Fiat
Hard Cap
500M $
Tokens for sale
  • 1

    Founders joined efforts to change the insurance industry and started building the Vernam concept

  • 2
    January, 2018

    Concept was validated by experienced InsurTech executives, who later joined the team.

  • 3
    February, 2018

    Angel investment received, start of platform developmen

  • 4
    March, 2018

    Start of the preparation for a token sale.

  • 5
    Q3, 2018

    Listed on an exchange.

  • 6
    Q4, 2018

    Vernam platform MVP launch and testing

  • 7
    Q1, 2019

    Vernam broker starting operation in several markets.

  • 8
    Q2, 2019

    First CryptoSafe smart contracts signed. Vernam mobile app launch.

  • 9
    Q3, 2018

    Development of additional smart contract insurance products.

  • 10

    Operating on 8+ key European markets.