In current conditions of ICOs and the entire market, stepping up or the sake of the crypto is a tough job to complete. While raising funds following the number o ICOs incredibly increasing, getting scammed is as easy as it can be. One can easily see by doing simple research, almost 80% of the ICOs are considered as scams because either they were really designed to scam people or they weren't competent enough to hold their promises. This is not a small amount o money I am talking about. 80% means approximately 6 billion dollars got lost last year. Thus, not only a waste of money is on the carpet but also a reputation loss in question. And these are both constructing the great wall of China standing in front of the common grasp and convenient integration of cryptocurrencies to our daily life.
In addition, current working projects are not in very fine conditions, either. Most of them are struggling to survive whilst many of them aren't able to make an improvement move even if they survive dead-born.
Seeing this gloomy view, I believe the market needs solid and fundamentally strong projects to spirit up the crypto enthusiasts and attract the potential and in this article, I'd like to introduce a candidate or this potential named Volentix.
What is Volentix?
The motive behind the entire Volentix project is to create a decentralized environment functioning completely loyal to openness and transparency. While developing its digital assets ecosystem, Volentix will also stay carefully inside the circle of the legal requirements.
At this point, I need to give information about what exactly is Decentralized Assets Ecosystem (DAE) of Volentix.
What is DAE?
The Decentralized Assets Ecosystem that Volentix constructing is a sophisticated combination of meticulously designed platforms. Let's have a look what those instruments.
• VDEX Exchange
The fundamental features of VDEX, besides being a decentralized exchange, are security and multiple asset support. By the power of EOS platform, VDEX provides a scalable and handy exchange experience to its users. A decentralized autonomous organization implements management aspects by using EOS smart contract infrastructure.
• VERTO wallet
VERTO wallet gives full control to its users while providing various currency support and chance to manage multiple public and private keys during the peer-to-peer transaction requirements. It prevents security issues as well as losses caused by centralized failures.
• VESPUCCI Crypto Rating System
VESPUCCI is simply defined as an analysis engine having a handy interface. It provides real-time data from the market as well as historical information. Also, the evaluation of digital assets and movement analysis are its other skills.
• VENUE Community Platform
VENUE is the platform which allows creating an opportunity to distribute VTX, in other words, Volentix digital asset.
Volentix Digital Asset (VTX)
Specifics
| Ticker | VTX |
|---|---|
| Platform | EOS |
| Supply | 2,100,000,000 |
Allocation
| Decentralized Tresuery | 35% |
|---|---|
| Funders (pre-sale or crowd-sale) | 28% |
| Facilitators | 20% |
| Contributors | 12% |
| Early Passive Seed Funders | 5% |
Use cases for VTX
• To reward members in the consensus means and in Venue promotions.
• To meet and redistribute transaction charges on the VDEX.
• To offer and vote on suggestions to the Volentix ecosystem.
• To stake support for analysing designs and performing projects.
• To incentivize members to join in order to maintain adjustment by becoming nodes by using their Verto wallets.
Team
Road Map
Final Words
The brilliant design of Volentix ecosystem impressed me, to be honest. I like EOS-based projects from the beginning and Volentix is a powerhouse for the sector it is about to get in. The wallet, exchange, community platform and information platform make Volentix a perfect all-in-one solution for crypto. I am convinced that Volentix will reach beyond the borders of current conditions.
Thanks for reading my article.
For more details, please visit project links or watch the video below
DISCLAIMER
This article is not meant to give commercial or any other kind of advice. It is just an informative text at all.
Always DYOR
Author: basicnecromancycr
Venue Username: hopelivescr
Verto Wallet Address: EOS5stptWFxzGHseEU4pZ5YfuSe189933T4sL2vEiwkNxHnAGEe5L
ETH Address: 0x0114731DEa1bDC4994B8Ca845B0fFCaed7d9a4d8