Vaultbank - A blueprint for disintermediated financial service

Vaultbank is a global investment firm, committed to sound financial investment and technological advancement. Vaultbank Tokens offer quarterly dividends and are backed by secured credit assets created by an experienced Wall Street Executive Team. Vaultbank will also serve as an exchange for investors thus offering liquidity as well as the security and peace of mind that comes with the full regulatory compliance of a bank.

STO/ICO Status

Status
Successful
Symbol
VB
Start Date
2017-10-25
End Date
2017-11-09
Soft Cap
10,000,000 USD
Hard Cap
100,000,000 USD
Initial Price
1 USD
Token Supply
240,000
STO/ICO Website Owner of Vaultbank?
Claim this listing and publish updates.

Basics

PlatformN/A
TypeN/A
AcceptingOthers
Circulating SupplyN/A
KYCN/A
Restricted AreasN/A
HomepageWebsite URL
White PaperView/Download

Bonus

  • Pre-sale - 10% discount

About

Vaultbank through a series of strategic partnerships will provide debit cards that will be accepted worldwide, and allow for you to pay with crypto through traditional plastic debit cards. Account Holders will be empowered to select from multiple cryptocurrencies for use as tender, and when they initiate a transaction (e.g. a dinner that costs $83.65), either prepaid debit cash will be used or the holder can elect to use Ether, Bitcoin, or Vaultbank tokens totaling that amount, which will then be sold at spot price to complete the transaction. Because Vaultbank debit cards will be accepted at all point of sale terminals – for the first time cryptocurrency will be able to be used as tender for purchases. Furthermore, Vaultbank will also be providing transaction services for other partner tokens - thus enabling other tokens to be used as tender.Lowest​ ​Fees​ ​in​ ​the​ ​MarketHistorically buying in and cashing out of cryptocurrencies was prohibitively expensive; limiting much of the functionality of tokens to the domain of speculators. Because Vaultbank will hold both cash and an array of cryptocurrencies at all times, it will be able to facilitate seamless exchange of cash in cryptocurrency to facilitate transactions, and will enable Vaultbank to compete with Coinbase on both service and fees.Underlying​ ​Credit​ ​Portfolio​ ​to​ ​reduce​ ​Token​ ​VolatilityVaultbank seeks to minimize the volatility of the token via producing a cryptocurrency that is backed by secured credit assets - in turn, the yields of these credit assets will be then reinvested back into the portfolio of credit assets to ensure a constantly increasing underlying fundamental value to each token. Further, Vaultbank will maintain a liquidity reserve to enable supporting the token price in times of market volatility. The portfolio of credit assets will further be secured by a Surety Wrap to enhance foe credit portfolio by CBL Insurance (an A-, publicly traded insurance company). Vaultbank, in a strategic partnership with Random Forest Capital, which uses artificial intelligence and machine learning, and various other off-line strategic partners will build a portfolio of secured credit assets. Vaultbank intends to lever the portfolio with a warehouse line of credit, secured by the portfolio of between 4:1 and 10:1 leverage, depending on the class of assets.Vaultbank​ ​is​ ​Launching​ ​into​ ​a​ ​Growing,​ ​Stable​ ​and​ ​Maturing​ ​MarketThe cryptocurrency market has grown by 1600% in the last 12 months. Financial giants including J.P. Morgan and Central Banks alike have invested in blockchain. The main street investor is likewise seeking more exposure to these markets (Bloomberg). Large and small investors alike seek a more regulated market that allows for the safety nets and insurance coverage offered in any registered security market.

Team

Austin Trombley
Austin Trombley
Chief Technology Officer
Christopher Cummock
Christopher Cummock
Managing Director
Stuart Shelly
Stuart Shelly
Chief Operating Officer
John Castaldo
John Castaldo
Managing Director
Aaron Travis
Aaron Travis
Head of Revenue
Kevin Farrelly
Kevin Farrelly
Growth and Business Development