INTRODUCTION
Blockchain technology is becoming more common day by day. Every day we witness new technologies entering the market. In addition, the use of blockchain technology has begun to increase worldwide. Crypto is now not only a clearing-house tool but also a daily-use asset. These fields range from e-commerce to education, from the health sector to science industry. Especially in this time when we enter the bull season, the price increase of Bitcoin allows us to look at the market more positively.
Today, many altcoins use a limited number of hybrid blockchain infrastructures. The most commonly used and most commonly used is the Ethereum infrastructure. About 200 altcoins are using this infrastructure. Binance, one of the world's largest stock exchanges, has yet to build its own blockchain infrastructure to allow BNB transactions. Without going to Ethereum, according to Coinmarketcap data, we should talk a little bit about the infrastructure of Bitcoin, which dominates 52% of the market. Compared to Fiat, Bitcoin's processing speed and commission fees are truly incredible. Bitcoin operations are able to change the block before 1 hour after completion of confirmation of blocks. This means that the international fiat is much faster than the money transactions and can be met with little commission. But 10 years after the invention of Bitcoin, we can say that we are using much more advanced technology. For example, the Ethereum infrastructure can perform these operations in minutes. Projects such as EOS, which are their own blockchain, and other projects aim to shorten these times further. But it is a fact that all these substructures have security, speed and integration problems. Because of these security vulnerabilities, millions of dollars worth of cryptocurrencies are the target of attacks, like Binance hacking (40m$ worth Bitcoin has stolen past week) Such conditions that have harmed blockchain technology also remain a serious obstacle to the realization of the blockchain revolution. However, it is unlikely that the projects that use new projects or a solid infrastructure will encounter these problems in the future.
What Is Volentix?
Volentix is a project built to bring an effective solutions to the challenges facing financial system, and to create a secure financial system operated without the order of centralized autonomy.
In order for Volentix to achieve their aims Volentix build a secure decentralized digital assets exchange, a multi-currency p2p wallet, a market-ratings analytical interface, and a incentives-based recruitment program.
The managing rationality of VOLENTIX is decentralization matched with straightforwardness. The responsibility is to declaring open-source code with full usefulness for making recommendations inside a hearty network administration structure getting ready for computerized reasoning operability inside the advancing Internet of Things. VOLENTIX is devoted to building up a computerized resources biological system introduced on strengthening and freedom while in any case regarding lawful consistence.
VTX TOKEN
VTX is not an Erc-20 token but was built on customized open-source eos.io technology. Transaction run faster on this chain and very effective for processing. The VTX is the utility digital asset for this platform and will be spendable on VDex decentralized exchange.
USES OF VTX
Generally, the VTX is an utility token for Volentix ecosystem.
The VTX will be used for rewarding participants in the consensus process and in Venue campaigns.
The VTX token wi be used for paying transaction fees on the VDex exchange.
Holders of Volentix will have the permission to submit and vote on proposals to the Volentix ecosystem.
The VTX token will be used for staking support for reviewing proposals and implementing projects.
The VTX token will be used for incentivizing users to participate in order book settlement by becoming nodes via their Verto wallets.
TOKEN SALE
The sale of VTX token has been schedule to starts by February, 2019, and it will be open until the hard cap is reached.
The minimum of VTX individual can purchase is 1 btc or equivalent in other currencies accepted via their payment gateways Zixipay and Blocktopus
RESTRICTION FOR TOKEN SALE
The United State and Chinese indigen are restricted to buy the VTX token for now. So they don't need to whitelist their selves if you are from that region due to the law governing their region.
TOKEN DESCRIPTION
Token: VTX
Platform: EOS
Type: EOS
PreICO price: 1 VTX = 0.17 USD
Price in ICO: 1 VTX 0.3300 USD
Accepting: BTC, BCH, EOS, ETH
Soft cap: 3,000,000 USD
Hard cap: 48,500,000 USD
TOKEN DISTRIBUTION
Total Supply: 800,000,000 VTX
Available token for Supporter: 65,000,000 VTX
Total token for sale: 364,000,000 VTX
Hard Cap: $48,500,500
Total token 455M VTX for public treasury: 455,000,000 VTX
Total token for contributors, supporters, and facilitators. : 286,000,000 VTX
Total token for future participation by contributors and facilitators of the Volentix ecosystem: 130,000,000 VTX
THE ROADMAP
THE VOLENTIX PROJECT'S TEAM
For more updates kindly follow VOLENTIX on the channels listed;
Website: https://volentix.io
Whitepaper: https://volentix.io/vdex-white-paper/#3.4vtx
Instagram: https://www.instagram.com/volentix.labs/?hl=fr
Twitter: https://twitter.com/volentix
Medium: https://medium.com/@volentixlabs
Linkedln: https://www.linkedin.com/company/volentix-labs/
Facebook: https://web.facebook.com/volentix?_rdc=1&_rdr
Telegram: http://t.me/Volentix
Writer's Information
Bounty0x username: aminaayodele1