The Valorem Foundation, a Blockchain startup specializing in stabilized value-based exchange and transactions, has announced the launch of its new cryptocurrency platform. The company has developed a multi-layered platform to disrupt and expand the following services globally: microloans, car loans, student loans, rent payment, P2P networks, buying and selling of goods & services, business investing, real estate crowdfunding, and insurance.
“The Valorem Foundation was created in the same spirit as the Valorem principle, which is to be strong in life and to be valuable,” says CEO & Founder Val Kleyman. “We all know about the decrease in fiat money’s buying power and the younger generations lack of faith in financial institutions, so we need to create a currency that people can trust. Millennials need an easy way to invest, make purchases, pay rent and buy the things they are interested in outside of the centralized systems we have today. We think Valorem fills that need. We are the niche platform for the 99%. ”
Valorem Foundation is creating a decentralized platform for each separate service that any user can log into and use via the VLR token. The token, a method of value on the platform, fuels the transaction. In addition, Kleyman will be attending the ICO Forward NYC Summit on November 15th in New York City.