TINGYANK NEING YEING: Invech

Invech

About Invech

Invech Cryptocurrency Exchange is a cryptocurrency exchange spearheaded by Invech Group. We have our own platform tokens called Invech Coins or IV which runs on the ERC20 platform. Licensed and endorsed directly from the Timor Leste Government, our license covers the whole blockchain and cryptocurrency framework, including cryptocurrency exchanges, ICOs, mining farms, blockchain solutions and etc. It is also the first blockchain /cryptocurrency service coming out of Timor Leste.

The Democratic Republic of Timor-Leste, or East Timor in English, is the 1st New Sovereign State of the 21st century. It is located in Southeast Asia, with a population of around 1.3 million. Sharing borders with Indonesia, the sovereign state comprises the eastern half of the island of Timor and several other nearby islands. The country restored its sovereignty in 2002 after the Indonesian occupation. Timor Leste’s decades-long independence struggle against Indonesia impaired much of its economic infrastructure, reducing it to Asia’s poorest country.

Today, they are still rebuilding and rectifying the preindependence adversity. And Invech hopes to be the channel for the people of Timor Leste to enhance and transform the economy status. Thus, creating a sustainable economy, and at the same time a tech savvy and advance, blockchain nation.

Mission

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
Increasing human capital and the capabilities of the local community of Timor Leste
To provide advice and consultation to the government regarding blockchain and technology matters.
To provide education and training to improve livelihoods

Distribution

Post-IEO Platform 150,000,000 IV 30.00%

Founding Team 100,000,000 IV 20.00%

IEO Phase 2 100,000,000 IV 20.00%

IEO Phase 1 75,000,000 IV 15.00%

Timor Leste - Invech Foundation 50,000,000 IV 10.00%

Airdrop and Marketing 25,000,000 IV 5.00%

Milestones

May 2017 Idea and core team formation

Oct 2017 CIDA Holdings Limited (HK) invests

Nov 2017 BBM Blockchain Indonesia invests

Feb 2018 1st meeting with Timor Leste government