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Everex aims to enable the transfer of funds between two individuals using crypto-cash. Crypto-cash will use the Ethereum network and always be pegged 1:1 with a fiat currency. It will be much faster to transfer crypto-cash across borders than current fiat methods. Possibly from days/weeks to seconds/minutes. Everex also aims to get involved with microloans using Crypto cash.

For more information, I have created a blog post with an overview of the project.
https://steemit.com/bitcoin/@o-0/what-you-need-to-know-about-the-everex-ico

Details
ICO token sale starts: 24 July 10:00 am
ICO website: https://www.everex.io/
Official ICO chat group: https://t.me/everexio

Reasons to Invest
Relatively low market cap 70,000 ETH = about 16m currently.
Huge potential of growth ( 50m market = 3x )
Projects like this are the next step forward for block-chain technology
Everex has developed technology such as https://ethplorer.io/ , Chainy and Everex Wallet
Good communication from project team
Currently a lack of whales spotted

Risk Involved
This is a new project and a lot of innovation is required
Regulatory uncertainty
Current crypto-market volatility

Token Terms and Calculations
25,000,000 total tokens.
17,500,000 sold for 70,000 ETH

If ETH is $250 on ico start date =>
70,000*250 = $17,500,000 raised
17,500,000 * 0.7 = $25,000,000 total market cap

Full token sale terms: https://drive.google.com/file/d/0B9F9xvW65bb0bEVGazJWdXZfYkk/view

Note:
In the terms it states that if the price of ETH is under $250 on the July 24th, 250 EVX will be given for 1 ETH.

Example:
ETH Price = $235
BTC Price = $2750
Ratio = 2750/235 = 1 (BTC): 11.702 (ETH)

An investor who puts in 10 ETH will receive 10*250 = 2500 EVX
If 1 BTC they receive. 11.702 * 250 = 2925.5 EVX

Important:
No wallet link is used for this ICO. You must sign up on the official Everex website and deposit into the wallet you set up. If you see any postings of addresses it will be a scam.

They also have a referral program that gives 5% cash-back on each investment done using the link.
The link can be used to set up the official Everex wallet, such as this: https://t.everex.io/t/FnpzduK
More about this can be found on the Everex website and blog.

If you have any questions please join the Everex group chat.

Conclusion
High chance of short term return. If project is successful possibilities for huge return.
ICO rating 78/100. (Great Buy)

every single new coin launched has basically the same probability of success as this or any other crypto. you need to make a difference and a lot of very hard work goes into a successful project not a bunch of numbers and written hopes posted on a forum

10 ETH = 2500 EVX,1 BTC = 2925.5 EVX ?The price is too expensive, now break coins so much, the market uncertainty, investment will hesitate

Damn how right you are!

This is not my project however I plan to invest. The probability of success is greatly influenced  by the team and leadership. That's why in "Reasons to Invest" I have added that they have good communication and also a good bit of prior tech. This post was aimed to let people know the project exists but I would advise anyone planning to invest to review their white paper and join their chat-group.

Seems very similar to a lot of existing projects :(

The value of a single coin is relative. When buying you should take into account what the total market-cap is and the price of your coin compared to that. For example your coin could be 0.001 price and also be way overvalued as they could of created billions.

In the case of this coin they have a total market cap of 25m coins, and will sell about 16-17m which I don't think is expensive for a project like this. All icos are risky, thats why there can be such high reward, if uncertain its best to stay away.

Everex's goal seems to be similar to some projects, however how they plan to get there seems different such as using fiat-backed crypto-cash. Maybe I should of added your point in the risks.

Interesting article about Everex.
https://hacked.com/ico-review-everex-capital-transfer-system/

Well, the one thing I certainly know is that Everex is gonna make a different ICO then the previous ones... Certainly more interesting than its previous succesors.
The price? Expensive? And does it actually matter? It's still divisible nevertheless.

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The price does matter, for example some ICOs have really high market caps or even uncapped like EOS. That means you can stand to lose a lot of money when it hits exchanges. Its always a good idea to take market cap into account when investing.

ICO starts in 32 hours. If your interested in Everex I would advise setting up their official ICO wallet prior to the start. This can be done by using their site or this link: https://t.everex.io/t/FnpzduK. Each participant can deposit directly to their own Everex ICO wallet when the token sale begins.

Do you think it will sell out fast? Or maybe not at all?

1 hour to go until the ICO, set up your wallets if you wish to participate.

i  had so many personal bad experience on ICO , dont think i will never will support any coin. anyway good luck.

Thank you, I hope this one is a good experience, we will see.

The price of this ICO is on the high side. The recent market is not good. If the project is very good, it will still be successful.

If they can build a user-base it will be very successful.

It took me some time to read, weigh and decide, but I eventually stepped in. A bit too late, but still on time. :-)

since the ann thread is closed for posting, trying my luck here:
does anyone have any idea why when I'm trying to "Enter your Ethereum address to receive EVX token"  on the tks.everex.io
I'm getting "first name" and "last name" parameters mandatory to provide?
I presume there won't be any issues if my name would be John Doe, but why make it a mandatory intput?

I wondered about that too. However I read at Slack that the team is on a holliday after the token sale. (Which I would do too after raising $26 million). If not answered here perhaps you can ask your question at the Slack channel.

And then post the answer here for other wonderers.

when will they release the tokens?

Now they still do not release tokens, scam?

Token sale ended only around 7 or 10 September. I don't know the exact date. But the indicated 3 to 4 weeks have not yet passed.

How do I get my EVX tokens transferred to my MEW?
Ive put in my correct MEW ETH address into the account section on the EVX platform
How do i trigger the send off?

Hello everyone!
Question. In the white paper it says both borrower and lender are rewarded with everex. Where does the rewarded evx come from?

Are your EVX's still in your account on the Everex site?

What does Etherscan show about your wallet status regarding EVX?

Did you add EVX as a custom token to your MEW? If you did it sometimes helps to remove EVX and then add it again as custom token.

Just looked at the road map and saw that Everex will be doing  First quarterly EVX token buy back in Q1 of 20188. does that mean that will reduce the circulating supply ? How much are they buying back and what will then be the circulating supply at that time?

Hi everyone,
i'm lookin for a not closed official thread of Everex.
I hope it isn't this.

Everex is a great project imho, but at least on this forum is completely abandoned. Why?

Meet the Everex Team : This week in focus — Harry Ye Kyaw, Country Representative of Myanmar.

https://cdn-images-1.medium.com/max/1600/1*SlfjEghOEVxgFU-3K77ejQ.png

This week, we talk to Harry Ye Kyaw, one of our earliest employees at Everex. A graduate of the Bangkok School of Management, Harry started with us an intern and has since moved up the ranks and now serves as the Country Representative for Myanmar. Shuttling between Myanmar and Thailand, Harry is a young and dynamic individual who wants to see the application of blockchain for the greater good of mankind in terms of financial inclusion for the masses. https://blog.everex.io/meet-the-everex-team-this-week-in-focus-harry-ye-kyaw-country-representative-of-myanmar-3791c5c112e3

 I Visited your site, quite interesting. Everything is contentedly and phasedly written. The project is interesting and deserves attention. The project will be successful in the future. GoodLuck