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Human disaster recovery startup Valhalla announces pre-ICO sale
Valhalla CEO Ken Baylor
Singapore-registered human disaster recovery startup Valhalla has announced its pre-Initial Coin Offering (ICO) token sale, according to an email CoinReport received from Upbeat, Valhalla’s PR firm.
The pre-ICO sale will begin from January 16th, 2018.
Valhalla says it is a solution for leveraging digital currency technology to help normal citizens recover from disasters. Through its human disaster recovery marketplace, the company says it will deliver services like human extraction services, provision of secure sites and services like satellite phones, all paid for with Valhalla tokens (VHLs). With Valhalla, people can evacuate to a safe place in the event of a calamity, with their assets intact.
Valhalla’s team includes Silicon Valley tech execs, a former U.S. ambassador, two ex-U.S. Navy SEALS, an ex-FBI agent, a cybersecurity expert, among others.
According to a press release, the Valhalla approach has two main constituents:
A) A human disaster recovery marketplace, where products and services will be paid for with VHLs.
Immediate services, including:
- Human extraction services (a team to actively save individuals in disaster situations and take them to a secure place)
- Provision of secure places (compounds where saved individuals are safe, secure and treated with respect): Available for multiple month stays as saved individuals contrive their recovery.
- Products and services (such as survival kits and satellite phones), to ensure token holders are safe and secure until they are rescued)
Coverage contracts: Numerous VHL holders may purchase contracts covering extraction and secure relocation even when there is no sign of disaster. Others may obtain services when they sense a strong possibility of a trouble (e.g. natural disaster, military invasion or financial crisis). Those who wait will buy the immediate services mentioned above. As the supply-demand law dictates, contracts purchased beforehand will be substantially less expensive than immediate services.
B) The Vendor Market: The Valhalla team will team up with numerous vendors to create the supply for the market. The team will also collaborate with real estate managers all over the world to deliver safe compounds, where rescued individuals can live in comfort. Former U.S. Navy SEALS will vet human extraction teams to guarantee they have efficient strategies, procedures and capacities to deliver.
The Valhalla team will also invest in real estate to make sure that coin holders have a sanctuary in the USA, Mexico, Europe and Asia. These sanctuaries will be held to a high standard, named a “Valhalla,” and available on our market. However, as the time passes, it is possible that numerous other vendors will create and offer similar properties in several regions.
Valhalla may also help form rescue teams, and the ones that attain a high level will be designated “Valkyries.” The company’s core team will help vet vendor capacities and capabilities.
Image via the press release on Upbeat’s website
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