Volentix

Volentix is an ecosystem of DApps which are built to enhance the use of cryptocurrency. Each is built to make the other better and for this reason Volentix is referred to as an ecosystem. The common unifying element which glues this decentralized/permissionless ecosystem together is VTX. Volentix is a permission-less ecosystem, in that any system which favours VTX can be considered part of the Volentix project.

Volentix refers to a multifunctional ecosystem that has its basis on cryptocurrency. This system is made up of four pillars Decentralized Applications, which work with each other in a synergic manner so as to improve their effectiveness to enhance the development of the entire ecosystem.

VDex: VDex exchange, is the tradable digital assets platform introduced in detail in this white paper. For smooth and secure usability, we plan VDex to integrate with your own personal Verto wallet and Vespucci interface.

Verto Wallet: This makes sure that funds are continuously managed by users of VDex. Verto is a multi-currency wallet use for VDex. By maintaining these funding, Verto employs a system of smart contracts to maintain the state between two trading clients, the simplest operations being done with atomic swaps.

Vespucci analytical engine: This ensures that liquidity is increased. Vespucci increases liquidity by boosting user confidence and bringing more users to the Volentix platform.

Volentix has combined a decentralized digital assets exchange with a multi-currency cross-blockchain wallet, a user-friendly market-ratings analytical interface, and an incentives-based recruitment program to form a NEW Dae.

Features of the platform

Malware detection by auditing processes

Random diversification- that’s by toggling of protocols is a level of complexity

Multiple factor identification

Ensure inspection of logs as control.

Prevents a replay of a transaction on forks that do not include the referenced block

If a block producer takes an unreasonable amount of runtime or is not profitable enough, the process is blacklisted.

Deploy a custom contract that only accepts deposits of known tokens from KYC’d accounts

Benefits

VDex: VDex allows you to see orders from any exchange creating a truly decentralized market.

Secure: Users have their private keys in their possession at all times.

Collaborative: VDex combines any order book in 1 liquidity pool.

User-Friendly: Easy to use interface, built with new users in mind.

Relationship Between Volentix and Blockchain Technology

EOS.IO is designed to make Inter-Blockchain Communication (IBC) proofs lightweight. For chains with insufficient capacity for processing the IBC proofs and establishing validity, there is an option to default to trusted oracles/escrows. With an EOS.IO-based smart contract, a trusted multi-signature wallet holding the asset in escrow can be used to persuade the signing/publishing of the transaction based on IBC proofs from the originating chain. Comprehensible multi-blockchain information can be obtained by aggregating blockchain timelines in parallel order (with variance in the frequency of change of state). This system can trigger multi-chain load balancers, transfer states, draw data outputs from smart contracts, and foreign blockchain transaction execution. Relative block distance, relative global state, and timestamped events are recorded on a global ledger to optimize and confirm transactions before they actually happen on the native chain. This approach could also be used to determine block production coincidence between chains to access greater liquidity.

Our Team
The Volentix team comprises of topnotch professionals in their domains. They have ambitious goals  which will enable them to set new standards for the Market. To achieve this goal a strong Team is built with all the necessary skills, talents and long-time experience needed for the project. Most of the team members on Volentix have verified LinkedIn profiles. This is all good because the more transparency a company have in regard to their team, the more trustworthy they typically are.

Token and ICO Details

Token: VTX
Platform: EOS
Type: EOS
PreICO price: 1 VTX = 0.17 USD
Price in ICO: 1 VTX 0.3300 USD
Accepting: BTC, BCH, EOS, ETH
Soft cap: 3,000,000 USD
Hard cap: 48,500,000 USD

There is also a 200 VTX bonus currently available simply for successfully completing the whitelist approval process.

Total Supply: 800,000,000 VTX

Available token for Supporter: 65,000,000 VTX

Total token for sale: 364,000,000 VTX

Total token 455M VTX for public treasury: 455,000,000 VTX

Total token for contributors, supporters, and facilitators. : 286,000,000 VTX

Total token for future participation by contributors and facilitators of the Volentix ecosystem: 130,000,000 VTX

Conclusion

VTX is the native currency of the Volentix DAO. It is a cryptographic deflationary token that provides access to staking and membership. VTX is the cryptocurrency used on the vDex exchange. It can be used within all of the four pillars of the Volentix system. The VTX will be used for rewarding participants in the consensus process and in Venue campaigns. And used for paying transaction fees on the VDex exchange.

For more information;

Website: https://volentix.io

Whitepaper: https://volentix.io/vdex-white-paper/#3.4vtx

Instagram: https://www.instagram.com/volentix.labs/?hl=fr

Twitter: https://twitter.com/volentix

Medium: https://medium.com/@volentixlabs

Linkedln: https://www.linkedin.com/company/volentix-labs/

Facebook: https://web.facebook.com/volentix?_rdc=1&_rdr

Telegram: http://t.me/Volentix

Author
Taiwoplatinum

Bounty0x Username: taiwoplatinum

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NB:
A sponsored article written for a bounty reward.