Brief about Volentix:-
Volentix introduces a unified suite of DApps. The VTX token is the native digital asset of the project. Like other DAE projects the team wants to deliver "effective solutions for exchanging value freely and securely without centralized middlemen."
Volentix A decentralized digital asset exchange is a secure multi-currency cross-blackchain peer-to-peer wallet, a user-friendly market-rating analytical interface and an incentive-based recruitment program.
Volentix presented VDeX, designed as a distribution, decentralized digital resource exchange that emphasizes user experience and community development and administration. Access to established technologies and integrate a portfolio of decentralized applications created in VDex, using selective new protocols, with prioritizing security, speed, authentication, ease of use, scalability and multi-asset support, to facilitate peer-to-peer transactions application built on EOS.IO smart contracts.
The VDex launch point corresponds to the design requirements of Volentix on EOS.IO decentralized operating systems based on available technologies. We want to test our assumptions through prototyping via custom EZEOS software, which we have created and customized with the command line tools near EOS.IO. This software available at: https://github.com/Volentix/ezeos
Market command:-
In the second decade of the rise of Bitcoin, the digital wealth market is experienced by the smallest percentage of the world's population, with dosing height and the following are the thousands of crypto coins that many scams directly lead to. Seeing frauds, and observing the quality of technology of the trusted digital applications raised in the last ten years, if we want to advance and promote them, they must enter their mainstream. Valid digital currency must be used in a wide range of trade. And the primary focus of the expansion of digital assets is simple and rich in user experience. The options for employing any existing technologies and development of unavailable technologies should be driven by the user's comfort, certainty and security. Transactions and related experiences.
Entering the market:-
To address the current market mandate, the Voluntary Ecosystem provides the primary formula for four digital applications, especially VENUE, VERTO, VESPUCCI, and VDEX.
VENUE:- (Community Platform)
Venue has been designated as a dynamic community platform that employs VOLENTIX community members to coordinate and coordinate local VTX token delivery and to raise awareness about community initiatives. A primary VENUE signature campaign is underway.
VERTO:- (Multi-Currency Wallet)
Verto will be a multi-currency wallet for use with VDEX exchange and will help protect private keys for peer-to-peer transactions. Private and universal keys will be operated locally in order to eliminate the risks of harmful losses associated with the serious failure of central operators.
VESPUCCI:- (Crypto Rating)
Vespucci is considered to be accessible through rating and sensitivity analysis, including real-time troves traverses of market data through an analyst engine. We want to enable users to graph resources and compare competing digital resources, access historical trading records, and enable the intranet of trends, trends and designs and to monitor and evaluate free-source software developments. VESPUCCI currently wants to combine the information that is spread across different blockbusters, websites, chat rooms and exchanges to bring confident and comprehensive market information to your fingertips. This application is currently developed by our affiliated Pythagoras system.
VDEX:- (Decentralized Exchange)
VDex Exchange, the fourth pillar of the Volentix, launches a commercial digital asset platform Details available in whitepaper. For smooth and safe usability, planned on VDex to integrate with your own personal Verto wallet and Vespucci interface. We will be able to manage the wide array of VTX and VDex digital assets both and the entire time period adding the block chains. We are primarily developing space as a supplementary addition to encourage and run the core VTX-based enterprise. The fourth pillar of VOLENTIX is the decentralized VDEX exchange, a tradable digital assets platform introduced.
OperatingSystem:-
We have evaluated various operating systems as candidates for our VDex exchange infrastructure. Although we are honored by some of the established leaders of digital resources and blocking technology, EOS.IO is an operating system framework that works on decentralized applications, in our opinion, for example, in the trailblazers. Software accounts, authentication, database, asynchronous communication, and cluster schedules. The material and protocols are already built into the platform and a subset can be used to satisfy our VDex requirements. VDex will primarily benefit from the standard features given by EOS.IO, such as the recovery of the accounts and wallets that have been created and stolen, but later we plan to implement protocols to create decentralization exchanges through EOS contracts and other tools.
Methodologies to be follow:
1. Context Free Actions
2. Binary/JSON conversion
3. Parallelization and optimization
4. Web Assembly(WASM)
5. Rust/C++ contracts
VTX Issuance and Use:-
VTX is used to issue original digital resources and exchange VDex decentralization. Currently we have to use an eos.io token contract from the EOS.IO framework to issue 2.1 billion EOS.IO-compliant VTX tokens with a supply of 1.3 billion.
VTX Allocation deatils :-
Volentix currently anticipates the following allocations:
- Contributors. 12%. An array of individuals, akin to founders, who contribute insights, time and talent, though often work without early compensation.
- Supporters.
Stage 1. 5%. Early passive seed funders.
Stage 2. 28%. Funders via qualified private pre-sales and possible public sale.
- Facilitators. (Advisors, Developers, Promoters, Custodians). It is to be noted that the requirements of the sub-sections of the project department can be substantially different before and after getting adequate funding support, but some individuals may serve both stages.
Stage 1. 10%.
Stage 2. 10%.
- Decentralized treasury. 35%. Community members are encouraged and rewarded for participating in progressive development of a decentralized autonomous organization (DAO). A decentralized treasury is supposed to be operated by smart agreements and community consensus.
VTX Distribution:-
In the light of market conditions during this writing, Volunteers considers the time, terms and conditions of VTX distribution as a pre-sale and potential public sales act.
Security Measures:-
1. Contract security
2. Auditing rogue processes
3. Randomization
4. Log inspection
5. Transaction as Proof of Stake (TaPoS)
Security Threats & Solutions :-
1. Double spend
2. Front running
3. Forged identities
4. Insufficient Balance
5. Timing attack
This is one of the most complete visions, It is very interesting that they already build the 3 supporting applications for the community to use in order to be able to create the Decentralized exchange on top of a full infrastructure. This is something unique and a great vision that will probably be a buzz.
Team:-
ADVISORS:-
Roadmap:-
Q1 2018 :- Volentix Labs is growing.
Q2 2018 :- And so it started.
Q3 2018:- VDEX White paper release
VDEX: Decentralized Exchange
VDEX is envisioned as a distributed, decentralized digital assets exchange with emphasis on user experience, security, speed, authentication, ease of use, scalability, multi-asset support, and community development and governance implemented by a decentralized autonomous organization (DAO) constructed on custom-built applications using EOS.IO smart contracts and related technology.
Q4 2018:- Verto V1 | Vespucci White Paper release
VERTO: Multi-Currency Wallet
Is being built as a multi-currency wallet to facilitate personal custody and local management of private and public keys for use in peer-to-peer transactions, with the goal of eliminating risks of devastating losses of stake associated with traumatic failures of central operators.
VESPUCCI:- Crypto Rating
Is an analytics engine accessible via a user-friendly interface with treasure troves of real-time and historical market data, including digital assets ratings and sentiment analysis.
Q1 2019: Verto beta
Webapp: https://verto.volentix.io/login
Android: https://play.google.com/store/apps/details?id=org.cordova.verto.app
Windows: https://github.com/Volentix/verto/releases/download/v0.7.0/verto-win-0.7.0.exe
MAC: https://github.com/Volentix/verto/releases/download/v0.7.0/verto-mac-0.7.0.dmg
Linux: https://github.com/Volentix/verto/releases/download/v0.7.0/verto-linux-0.7.0.AppImage
Q2 2019 :-Ready for market. VTX release
Q3 2019 :- Vespucci V1, VCard white paper.
Q4 2019 :- VDEX.IO Launch.
Financial:-
Token info:-
Token : VTX
Platform: EOS
Type: EOS
PreICO price: 1 VTX = 0.17 USD
Price in ICO: 0.3300 USD
Average price: 0.00 USD
BONUS:-
In the formal sale, it is currently planned that bonuses will be offered through a progressively adjusting algorithm based on scaled pricing . There is also a 200 VTX bonus currently available simply for successfully completing the whitelist approval process.
Tokens for sale: 364,000,000
Investment info:-
Accepting : BTC, BCH, EOS, ETH
Distributed in ICO: 17%
Soft cap: 3,000,000 USD
Hard cap: 48,500,000 USD
More Details:-
Web:- https://volentix.io/
Whitepaper:- https://volentix.io/documentation/vdex-whitepaper/
Twitter:- https://twitter.com/volentix
Facebook:- https://www.facebook.com/Volentix
Note:-**“A sponsored article written for a bounty reward.”**
Bounty0x user:- pinku007
