Official ICO Live Auction Thread for VIVA Right Here on Steemit
VIVA is the price stable crypto currency with reliable income features.
It was introduced to the world by 
Part 1 : Introduction to a Price Stable Crypto Currency With Basic Income
Part 2 : VIVA Components Explained
Part 3 : VIVA Components Explained - Part 2
Part 4 : Bootstrapping the VIVA Economy
In order to guarantee an income for all participants, the VIVA economy is structured around the interplay of several economic layers.
Three of these layers are crypto currencies that serve specific purposes within the ecosystem.
The fourth layer is a fiat gateway with debit Mastercard issuing capabilities.
This auction is the first of it's kind in the world!
Round 1 is comprised of several batches, each batch corresponds to a milestone and we try to hit one or two milestones a week.
Auction Details:
There will only ever be 42,000 VIVA Crowns.
The first 4,000 are to be distributed over the course of 4 rounds.
After ICO there will only be One Crown found per week!
Each batch or round corresponds with a milestone we've reached.
Creating the exchange and fiat gateway was our first milestone and began the launch of the live auction for VIVA Crowns, our fundamental base layer.
For batch 2 we finished our ICO website www.vivaco.in
For batch 3 several milestones were reached, including our prototype key management tool, our wiki and forums.
For batch 4, less milestones were acheived but these ones are much more critical.
We've finalized the wallet design and we are releasing our core crypto system to testers and developers.
You can go to the viva slack channel for an invite to that.
These auctions serve several purposes.
- They allow us to perform adequate price discovery, because when we speak to institutional investors they want to see that.
- They give everyone a chance acquire some while the price is low.
- We use the powered up steem to provide upvotes to our developers as a perk to help attract and retain top talent.
- We show demonstrable progress in development and community outreach.
We believe that everybody should have the opportunity to benefit from the explosive growth we're about to undergo.
Running the auction here is our way of saying thank you to the steem community for everything you've done for us.
Rules:
- The auction is still priced in USD.
- You can settle in any currency supported by
.
- There are only 50 VIVA Crowns available in this batch.
- You have up to 7 days to settle.
- Your bid is per unit of currency.
- You can specify the number of units you want at settlement.
- For your bid to be accepted it must be at least as high as the minimum bid and at least $1 higher than your previous high bid.
- The auction closes at post payout
In the last round, 
To bid, just say something like...
I bid $567.00
This is a fill in auction, there are 50 coins available this batch, please hold off on announcing how many you are bidding on.
The highest per unit bidder at close will get first say on how many they want, then the second highest bidder, then the third etc until this batch is completely sold. Winners will be invited to our private slack from CrownHolders only.
Keep in mind that this is a carry over auction. While we do allow fill in bidding within a batch, the ceiling of the previous batch becomes the floor of the next. Bidding starts at $560!
Happy Bidding!
Just seeing VIVA for the first time? Check out these resources for more information.
Our website www.vivaco.in
Blogs about VIVA...
Part 1 : Introduction to a Price Stable Crypto Currency With Basic Income
Part 2 : VIVA Components Explained
Part 3 : VIVA Components Explained - Part 2
Part 4 : Bootstrapping the VIVA Economy
Original auction thread
Batch 2 auction thread
Batch 3 auction thread
Settlement can be in any coin supported by
We will accept steem dollars at a rate of $1SBD = $1USD.
Also, 
This post is 100% Steem Powered!