The Blockchain is touted as a key driver of change and the foundation stone for new development. Lauded for its multiple features, Blockchain offers a transparent and decentralized platform which companies can use to integrate with the current business operations and make it even more efficient and effective. In times like today when gaining competitive edge has become mandatory for companies, it becomes imperative to adopt the changes and Blockchain is that change which every company is eyeing.
Evolved in 2009, Blockchain has managed to break the glass ceiling of restricted application in the field of cryptocurrency and now it finds usage in almost all the business verticals. Certain apprehensions surround this technology, but despite it, Blockchain has emerged as a winner. Apart from the big names in the industry, we have seen a surge in the Blockchain startups. These companies provide Blockchain-based solutions and render platform to companies seeking help in Blockchain development. Here is the deal, i will be introducing you to a revolutionary platform VOLUM which is creating an ecosystem for amplifying the success of promising companies by giving them the required resources to grow into dominant forces in their respective markets and cause true industry disruption.
The VOLUM platform which is known to be decentralized is not only robust but also a flexible supply chain management and commerce platform that supports a diverse ecosystem. All transactions on the platform are completed through the exchange of the Volum (VLM) tokens with self-executing smart contracts.The initial focus of the VOLUM platform is for the production, sales and distribution of alcoholic beverages and for the smart energy industries, the platform has capabilities for many other industries.
VOLUM is also a blockchain ecosystem for manufacturers, farmers/growers, public utilities, distributors, taxing authorities, governing agencies, brands, financial institutions, IoT and EoT data collection & storage, and many more. It Operates as a B2B platform in a manner which is similar to most Popular wholesale-to-retail online markets, VOLUM has a native crypto-currency on the platform with ticker VLM, which is required for access/use of the platform.
The VOLUM platform will run exclusively on VLM utility tokens. VOLUM’s blockchain platform is built on the Ethereum blockchain and will be fully capable of executing smart contracts.
This platform is completely revolutionary and gives companies greater organizational and oversight capabilities than they have ever had before. With the VOLUM blockchain platform, companies can Track, Route, Identify, and Source, all the data activity that happens on their supply chains. All of the data will be locked into the PLATFORM which can be trusted and verified at any point during operations.
The end result of using the VOLUM platform is that companies will have the power to scale from local to global markets much faster, and they will have much greater control of their supply chains.
The VOLUM mission is to deliver A data-driven technology and innovation through our numerous family of companies to improve business processes and Efficiency. The end result of using the VOLUM platform is that companies will have the power to scale from local to global markets much faster, and they will have much greater control of their supply chains. This is good for everyone.
Advantages of Volum Project
- Volum enables businesses to get rid of paper wastage and make large amounts of personnel savings. Businesses can order orders over the Volum system. These orders are recorded on smart contracts and in the event of any wrong or incomplete cases, the parties are entitled to claim rights.
- In the period from bottling to sale of beverages, transaction costs increase considerably. Enterprises that can communicate with shipping companies via the apis can observe where their products are. In addition, the customer can keep the records of the past orders and the income and expense balances on the dashboard.
- The biggest disadvantage of customs clearance is that the origin of the goods is not fully known. Many countries do not allow the introduction of unknown products into their countries. With the barcode technology developed by the volum system, traces of each product can be seen. This process can be recorded at every stage from farmers to the market.
- The biggest problem of the drinks produced as a large portion of glass bottles is the deficiencies that occur during the transfer and depending on the seasonal conditions. With the volum insurance system, users can keep records of the goods they have and send these records to the insurance company via smart contracts. The number is entered into escrow contracts before the goods are loaded. In case of losses, beverage companies may collect these funds. Especially in expensive products such as aged wine or champagne, this situation offers great advantages to enterprises.
Token and ICO Details
There are two (2) Ethereum token types that will be used on the VOLUM platform.
ERC-20 is a technical standard used for self-executing smart contracts on the Ethereum blockchain for use on fungible tokens. The clear majority of tokens issued on the Ethereum blockchain are ERC-20 compliant.3 Each ERC20 token is the same as any another ERC20 token.
Some tokens will need to be specifically unique and non-fungible. The protocol for enabling these types of tokens is ERC721. This type of token is used to certify authenticity, validate rarity and to further ensure immutability to prevent unauthorized copies. Each ERC721 token is unique from any other token.
May 4-10 Private Sale
May 11-17 Pre-Sale 1
May 18-24 Pre-Sale 2
May 25-31 Pre-Sale 3
June 1-7 Public Sale
Hardcap: 74.6 Million USD
Token Price: 0.35USD
The VLM token will be the only utility token used on the platform by multiple portfolio operating companies for a vast spectrum of transactions.
The decentralized, single-token-platform must accommodate transaction types among diverse
groups of ecosystem participants, including but not limited to the following:
iii. Purchase Orders,
iv. Legal Contracts,
v. Regulatory Compliance,
viii. Letters of Origin,
ix. Custom Documents,
x. Inputs and Inventory Ordering,
xi. Delivery tracking,
xii. IoT Monitoring and Reporting,
xiii. Big Data Analytics,
xiv. Inputs and end-product tracking/traceability.
Volum Revenue Model
Once an operating company within the VOLUM portfolio reaches a level of profitable operations,
VOLUM will receive dividend income based upon VOLUM’s pro rata ownership in the entity.
Additionally, VOLUM operates the blockchain-based technology platform that its portfolio companies utilize for their respective operations. VOLUM will receive recurring transaction revenue and other ongoing licensing fees from each portfolio company that utilizes the platform.
Over the holding period of VOLUM’s investments in its portfolio companies, it is reasonable to expect that some of these investments will prove to be successful and some will not. As with any early-stage or venture capital investment strategy, a winning outcome will require that the value of the successful investments out-weigh the losses from the unsuccessful ones. As a result of the qualitative selection process it employs, it is expected that the value of the company’s portfolio holdings will increase substantially over time and thus increase the enterprise value of VOLUM. Such an increase would benefit investors of the company’s VLM tokens as the rising value of the company assets would reflect in the price of VLMs. VOLUM could also realize gains in its portfolio companies by selling those investment for cash or by trading them for other non-cash assets.
VOLUM is currently focusing its investments in market disruptors in supply chain software/software as a service (SaaS), wines and spirits wholesale, advanced energy/smart city technology, and mobile/social marketing platforms.
SPECIFIC CASE FOR ENERGY RELATED PORTFOLIO COMPANIES
Energy Rescue Systems (ERS): Manufacturer of in-building electricity monitoring equipment,
GridPower: Exclusive marketer of ERS devices sells product to building owners and provides monthly subscription services (GridPal) for electricity monitoring information,
ACME Financial: Provides leases to building owners for the acquisition of ERS products
VOLUM Platform: Utilizing single token, VLM, manages all transactions on decentralized system for payments and data analytics.
FIRST QUARTER (Q1) - 2019
i. Build VOLUM Platform MVP,
ii. Token generation event.
SECOND QUARTER (Q2) - 2019
i. Close token generation event,
ii. Trial of the VOLUM platform before public release,
iii. Launch and onboarding of first companies to the VOLUM platform for pilot program,
iv. Airtab token implementation for Airtab App,
v. Develop milestone program for investment in each portfolio company
THIRD QUARTER (Q3) - 2019
i. Start 2nd stage of development of the VOLUM platform,
ii. Implement remaining features and additional content to the platform,
iii. Onboard new companies and expand the use of the VOLUM platform
FORTH QUARTER (Q4) - 2019
i. Implementation of milestone program for the investments in portfolio companies,
ii. Business and financial licenses submission for ACME Financial,
iii. Blueprint development of blockchain architecture for ERS and GridPower Network,
iv. Smart contract development for ACME Financial,
v. VOLUM platform marketing campaign to attract new businesses,
vi. Expansion of Airtab to European and Asian markets.
FIRST QUARTER (Q1) - 2020
i. 1st stage of blockchain ecosystem development starts for ERS and GridPower Network,
ii. Prepare and package VOLUM platform for BETA release,
iii. Business setup and approval of the financial licenses and permits for the international
financial entity in Puerto Rico.
SECOND QUARTER (Q2) - 2020
i. 2nd stage of development of blockchain ecosystem for portfolio companies,
ii. MVP trial of the blockchain ecosystem for portfolio companies,
iii. Full release of all features on the VOLUM platform 2.0,
iv. Revisions of VOLUM portfolio companies and assess progress of 2019 and their course.
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