VOLENTIX OVERVIEW
Volentix is introducing a project called Vdex, it is designed as a distributed decentralized digital asset exchange, basically to emphasize on user experience and community development and governance. The intention of VDex is to facilitate peer-peer transaction by alligning a portfolio of decentralized applications built on the EOS.IO smart contracts, and also by accessing established technologies and planning selective new protocols with their topmost priority on security,speed authentication,ease to use, scability and multi-asset support.
The launch of VDex point looks forward to merging Volentix's design requirement to the available technologies superimposed on the EOS.IO decentralized operating system. Volentix intends to test its assumptions by phototyping through custom EZEOS software, Volentix built and customized with EOS.IO's close demand line tools. This software can be found at https://github.com/Volentix/ezeos.
The Volentix ecosystem will come to be on these four pillars, a starting array of application known as Venue, Verto, Vespucci and VDex.
- VENUE : Venue is a dynamic community platform that recruits and assembles members of the Volentix community to help distribute VTX, the digital asset of the Volentix ecosystem, it also helps to propagate the mindset of Volentix. In exchange of participating in developing dedicated communities, submitting bug fixes, claiming bounties, users gets VTX.
VERTO : Verto is built as a multi-currency wallet where VDex is used in the VDex decentralized exchange and its intention is facalitate a personal custody and a local management of private and public keys, in a peer-peer transaction process, their goal is to eliminate risksof devastating loses of stake, that has to do with traumatic failures of central operators. Verto has planned to employ a system of smart contracts in order to maintain the state between two trading clients,this is a simple operation being accomplished with atomic swaps.
VESPUCCI: The vision of Vespucci is to be an analytics engine accessible through user-friendly interface with a treasure trove of present time and past market data, which include the digital asset ratings and sentiment analysis. Vespucci wishes to empower its users with tools to scale and compare tradeable digital assets, to also access and surpass historic historic trading records,to set out trends and patterns, and to also monitor /access open-source software developments.
VDex : VDex is the fourth pillar of Volentix, It manages transaction that involves both VTX and the vast array of digital assets and blockchains remainings from time to time, all around the world.
VTX Token/Usage
VTX will serv as the native token of the Volentix DAO platform. It is a cryptographic in nature and its a token that will be used to provide access to staking on the volentix platform and also be used as a proof of membership. VTX is said to be the only cryptocurrency that will be utilized on the vDex exchange.
VTX Allocation ( Token allocation)
VTX Allocation: 2.1 billion
Public: 78%
Public treasury: 455 million
Staking transaction: 800 million
Public distribution: 364 million
Contributors and facilitators: 19%
156 million contributors
130 million prior work
130 million future work
Seed funding 3%
65 million
RoadMap
Conclusion
The team at Volentix will be dedicating their work and insights to the developing of a program channeled on empowerment and independence.The Volentix team encourages the members of the public to join them in whatever capacity the can afford, and in doing so the members of the public are enlightened on topics that have already been discussed on the white paper and there will be an additional Volenix publication as they share these ideas with the community.
For more informations
Website : https://volentix.io/
Telegram : https://t.me/volentix
Twitter : https://twitter.com/Volentix
Whitepaper : https://s3.ca-central-1.amazonaws.com/volentix/VDexWhitePaper.pdf
Authors Details
Bounty0x Username: Elmichaels