Repository:
Volentix on github (https://github.com/Volentix)
Volentix on crowdin (https://crowdin.com/project/volentix-papers)
Project details:
Today I shall introduce to you The Volentix Bounty program which includes the beta launch of Venue,
( For more information on how to join Venue and other bounties
Search here:https://bitcointalk.org/index.php?topic=4557725.0 )
How does VENUE work?:
Venue rewards members with points for every applicable and rewardable action.
The total points any member has earned by the end of the campaign, relative to all other points in the system determines the number of rewards per member.
How does Venue determine "Total Points Score"?:
Posts with Signature are worth 100 points (Minimum maturation of 24 hours with signature per post).
- Hero Legendary Members receive a 5% bonus per post. Posts are worth 105 points in this case.
- Senior Members receive a 2% bonus per post. Posts are worth 102 points in this case.
- Full Members are eligible for a bonus once they have moved up in member rank.
How does Venue determine "Reward Per User"?:
Example:
In a world where VENUE has (Between all users)
75,000 Total VTX available as a reward,
380,000 Total points in the system,
Of the above, if User1 has: 3,800 points
User1's total reward would then be:
(75000/380000)*3800 = 750 VTX as a reward
How does VENUE track stats?:
Firstly, Venue ONLY looks towards users who have expressed the intention of participating. No other users in associated forums are known to the system.
In order to fully respect forum bandwidth, the system has been created to only require input from 1-2 user profile pages.
It is known to be far superior, far more efficient and far more respectful to a forums bandwidth against a manually tracked campaign which often requires hundreds of page loads per user throughout hundreds of potential threads.
What happens if I remove or change the signature?:
If a member is able to quickly change to another Venue related signature, that member will still receive points as usual.
If a member changes his signature to another project’s signature, that member will receive points for any post with the signature before-hand, however, points for any post that did not reach the minimum maturation time (23 out of 24 hours) would be removed.
If a member removes their signature altogether for longer than a certain period of time, points for any previous post with a Venue signature that didn’t reach the minimum maturation time (23 out of 24 hours) will be removed.
Members who go a long period without a Venue related signature, who then decide to re-add a Venue related signature will receive points as usual for any new posts from that point on. The minimum maturation time requirement of 23 out of 24 hours per post with a signature in place, still apply.
What is a high-quality post?:
''This is ultimately determined by the associated forum's rules. We respect these rules and will be actively looking for anything that does not meet that forum's quality post threshold.
Posting to ONLY gain points in this signature campaign will undoubtedly stand out. Our advice is to take each thread you are posting in seriously and only post in that thread if you would have otherwise posted without the signature campaign in mind. High-Quality posts in our humble opinion ADDs to each discussion.''
How can I create a signature for the campaign?:
Simple! You can send any submissions directly in private messages and if they have a place in the campaign we will add them along with info pointing to your profile.
A signature campaign is a great way for the community to express support for projects which they appreciate or see value in. The signature will show up under all posts for that member. A “signature campaign” allows the user to utilize this space to support interesting projects and in turn earn a bounty for showing that support.
Will VENUE be released open source?:
Yes. Once the beta testing has been completed and subsequent tests show reliability, Venue will be released as an open source software.
Venue- the Volentix community
Now back to the basics...:
What is Volentix?:
Volentix is a soon to be announced project on the EOS platform which includes:
VENUE (The focus of this post):
A Social Rewards Platform which can be used to reward members of forums and social-focused sites like twitter, facebook etc..
Soon Will transition into a larger project which tracks bounties and updates, which
Will eventually be made available as an open source software.
- More project details will be announced at the time of official Volentix announcement.
VESPUCCI:
An analytical engine available to the public which uses Upper Ontology to express various data points.
Backend API uses for applications such as decentralized trading, digital currency automated tellers etc..
VTX (Volentix Token):
Available only through VENUE and upcoming crowdfund,
Profits are redistributed to the community through VTX, the native currency necessary to use any of the Volentix decentralized applications.
A 3rd Party DAPP creation suite:
Helping to create a 3rd party Volentix based economy without the need for multiple tokens.
VDEX:
- A Decentralized p2p Exchange combined with intuitive front ends
- 3rd Party front end opportunities (Fee retainment relative to front end usage)
- Digital Currency ATM backend API
Volentix Labs (Two primary departments):
-The Volentix Research Organization
-A Decentralized Public Learning Program
Does Volentix have a whitepaper?:
Yes. With GB's of data Volentix is approaching this differently in that they are breaking up research and development in stages. Some information will be pre-released with other information upon launch in a particular stage of the project. We will be releasing a public tool to track not only research but also developmental progress.
Is Volentix Hiring?:
''YES! Volentix is currently in 5+ countries and always looking for more talent!
Developers in Montreal can even come to visit us a few doors down from the Bitcoin Embassy.''
You can send a private message to the Volentix Project Team for an invite to the office of one of the Volentix Development Partners.
You can also join the Volentix telegram at https://t.me/volentix.
Do I have to be a developer?:
''NO! If you have a unique talent that you think will benefit a project like Volentix, don't hesitate to privately message for an invite to the office of one of the Volentix Development Partners.
Contribution specifications
Translation overview:
As I said in my last few posts, The potential of the Volentix ecosystem is enormous and I am honoured to be a part of it as a Hebrew team translator.
This development provides leeway for more distributed and shared application, thus becoming a huge benefit for the next generation of users.
The main reason for creating this system and its need to be translated into various languages is the achievable aspiration for a truly global society where people can collaborate in the most efficient, fair, secure, transparent and democratic ways.
Basically building a set of technologies to bring people together in order to encourage a decentralized crypto exchange.
I believe this platform allows for consensus among cryptocurrency users, and properly handles currency issues that should be simplified and enhanced.
Furthermore, because of the complexity of decentralized systems, users and investors have had little recourse securing enough knowledge to properly quantify their investments. This interface offered by the Volentix environments and their apps can promote better user implication by presenting the information in more ergonomic, familiar and pedagogical ways.
** Languages: **
Source language: English
Target language: Hebrew
Words translated: 2037 ( out of 11 679)
I completed up until now 66% of the project and I aim to translate the Volentix project into Hebrew until it is 100% complete!
Proof of Authorship:
Here is My Crowdin Profile: https://crowdin.com/profile/ilijanaglassman