WHAT IS VANTA?
Vanta is a real-time networking platform that is developed on the blockchain technology. The aim of Vanta is to be the first decentralized network that allows for speedy and low expense developments and provides users with scalable connectivity. What Vanta has come to do is to solve the problems that have disturbed internet resource providers for a while such as high costs of developments as the previous blockchains have not been able to solve it. With the Vanta project, users will be able to develop services quicker than they used to and the transmission, processing of data will become cheaper for both individuals and organization to use.
WHAT ARE THE USE CASES OF THE VANTA PROJECT??
Vanta is using the blockchain technology to connect with real business in other to help them grow their different platforms. The following are the major use cases of Vanta network.
Communication
Vanta can be used carry out real-time communicate from one node to another or from one individual to another within the network. Some of the communication services used within the network is car sharing, shopping services, dating services and more.Stream
Users can stream live on the Vanta platform, they can create video contents, give sports and sports video games, entertainment, movies and music as well.Games
Vanta can also be used to transmit online game interactions and this will provide real time data processing which most gamers put as number 1 on their list. The Vanta blockchain will also be use d to track gaming items that can be traded for money.Internet of Things
Vanta can help to process high traffic data such as personal data, medical data, and car data in a speedy manner for some IoT sensors which often require a large amount of data per second.
WHO SHOULD STAKE VANTA TOKENS?
Companies and individuals can decide to stake their Vanta Tokens for the following conditions;
API Usage (application developers): Those companies or organizations that may want to operate services on the Vanta platform would have to stake Vanta tokens so as to be able to use the Vanta API to process, transfer and store their data. Every App developer or service provider has to stake the proportionate amount of Vanta tokens required per month according their workload.
API Usage (end-users): In some cases the end user of the API would also be required to stake Vanta Tokens. If an app developer can no longer continue staking Vanta tokens maybe due to insufficient funds or due to certain requirements of his business, such developer can set staking rules for their end users. Another case is that a developer may decide to allow an end user who is new to the app or makes use of the app heavily to set a staking amount to cover for the extra load or service such user is making use of.
Joining as Nodes: Nodes who act as workers and carry out real-time networking and participate in verification of other nodes or in consensus round are also required to stake Vanta tokens in proportion to the workload given to them. Anyone who has an internet supported device can work as a node in Vanta network. The work of nodes is to verify other nodes work, generate blocks as well as receive rewards.
VANTA TOKENOMY
The Vanta Tokens are known as VNT in short form. VTN is an erc-20 etherum based token. Vanta tokens have a total supply of 56,200,000,000. Total circulating supply is yet to be known as the sales have just recently ended and the team has busied themselves with the development of the platform. Majority of the raised funds would be channeled into developing the VANTA PROJECT.
CHECK OUT THE FOLLOWING LINKS BELOW FOR MORE INFORMATION
Website: https://vanta.network
Bitcointalk: https://bitcointalk.org/index.php?topic=5095100
Whitepaper: https://vanta.network/doc/VANTA_White_Paper.pdf
Telegram: https://t.me/vantanetwork
Twitter: https://twitter.com/vantanetwork
Facebook: https://www.facebook.com/vantanetwork
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