Vertex, an ICO startup, is luring Arab investors who are looking to invest in early blockchain start-ups where they can put their money behind projects that show strong business and crypto acumen.
Backed by Saudi investors, Vertex is levelling the playing field by aiding potential stakeholders to partake in investing. By financing millions in the company, tokens are secured at preferential rates, which results in a more affordable token offering for the general public. This safety net will buoy the blockchain market by allowing the average investor to buy in and will ensure inclusivity to the general public. These astute businessmen and watchers of the financial markets have already had excellent success in hugely profitable investments in startup tech companies, as well as partnering with businesses such as ICO Producer, 4King and Mobiloitte.
“What inspired us was a no brainer,” said investor and partner, Abdullah Al Othaim. “If you see a legit business model missing from the market, you have to ask why and evaluate it. If it makes business-sense and solves a real problem then you get to work. People are having a hard time investing in an ICO because many are not performing well and the good ones are sold out. Currently there is no ecosystem in the space being supported by an extreme vetting system and that’s what makes Vertex unique. Other institutions with similar vetting mechanisms do so for themselves, but Vertex does it for anyone who wishes to have access as long as they pass the KYC.” —