VIRTUSE CRYPTOCURRENCY EXCHANGE
In a fast paced and rapidly changing world of cryptocurrency, it is important for cryptocurrency owners, investors, analyst and everyone in the cryptocurrency space to be kept abreast of current trends, innovations and analysis. Absolute control over information is an herculean task if not nearly impossible, there is increased risk of harsh user experience in the world of cryptocurrency and a rapidly advancing technology such as blockchain.
In a world of hackers, fraudsters and individuals who seek to take advantage of other people’s naivety, it is important to have access to tools, data, analysis and information to keep one up to date of current event happening in the everyday crypto space. Information is power, with the right tools, you are indomitable. But gathering these information from various sources proved to be a time sapping and effort consuming task. A perfect solution would be to have an ecosystem which provides these tools to everyone ranging from investors to cryptocurrency experts or people who are newly venturing into the crypto world in one giant platform and this is where VIRTUSE EXCHANGE comes in.
How did the Virtuse Exchange start?
Virtuse Group Company was founded in 2006 and only in January 2018 began work on the decentralized blockchain project called Virtuse Exchange. Then the business model of the platform was created and the first descriptions of the project were published. The project itself is a special platform to exchange of various physical assets (oil, gold, real estate, property, etc.) for cryptocurrencies that further will be used as a basis for conducting trading transactions. The developers of the platform created a platform for the placement of the exchange and created tools for the interaction of platform participants, as well as evaluation, tokenization and use of assets within the platform.
At its core, the Virtuse Exchange is a public property tokenization tool for those who want to enter cryptocurrencies, but don’t have a direct tool, or opportunities in principle. Due to its decentralization, the platform will be able to cover the entire population of the planet and not to be limited to individual continents or countries.
Advantages of the Virtuse Exchange project
The most global advantage provided by the platform is the ability to tokenize absolutely any physical assets and translate them into cryptocurrency equivalent. Having a small physical capital, you can easily turn it into an asset with further multiplying. The capabilities of the platform are not limited by the introduction of blockchain technology that allows to use the services from anywhere in the world with the connection to the Internet.
Due to the fact that transactions are transferred to blockchain, they no longer require the intervention of centralized services and third parties charging commission from each transaction. Now you can earn more, and thus the amount of starting capital doesn’t decrease. Also, transactions will become more secure than the same transaction in centralized systems and exchanges.
Those who don’t have experience in this field are also able to earn money by trading on the exchange. On today’s large exchanges, the newcomer needs to work for a long time, so that his work starts to generate revenue. In the Virtuse exchange system, all users work with identical conditions and can’t have great privileges due to time and experience on the exchange.
The main innovations of the platform
Protection of modern centralized exchanges leaves much to be desired. No matter how hard the programmers who develop protection against hacker attacks work - they can’t change the centralization. Any protection of centralized data sooner or later reveals its vulnerability, and therefore we will periodically hear reports of another hacking of some trading exchange. The users of the Virtuse Exchange will be reliably protected with the help of blockchain technologies, as well as experienced platform employees who have many years of experience in this field.
It is also known that almost all cryptocurrency exchanges have the problem of the liquidity of cryptocurrencies in circulation. The Virtuse Exchange solves this problem with the help of various services for tokenizing various property capital. For example, for gold, the platform uses a separate token, which provides its liquidity with real gold. The same happens with the rest of the world's major assets. For narrowly focused physical values, universal markers are used.
Platform developers plan to provide multilanguage, so that as many users can interact with the platform and trade within the Virtuse Exchange ecosystem. Multilingual support, unlike conventional physical exchanges, is achieved more easily by machine learning of the system and introducing a database of languages.
The Virtuse Exchange tools
Correct work of the platform is provided by several unique tools that give special opportunities to the participants of the system. They include:
Special tokens for earnings on the difference in the prediction of the rate by users of the system. The module is called Digital Asset Collateralized Token (abbreviated as DACT). The principle of the work of the token is simple: if one participant predicts the growth of a particular cryptocurrency and the other vice versa a fall, then the one who guessed the dynamics of the change receives a reward in the form of the difference that he guessed.
The second type of token is called the Digital Asset Fund (abbreviated as DAF). This module is focused on specialized and professional analysis of the dynamics of exchange rate changes, which is converted into statistical modules containing from two to several cryptocurrencies. Based on this statistics, users can trade, however, to gain access, you must donate a certain number of platform tokens.
About the team and founder:
The team is led by Founder and CEO, Ras Vasilisin. In the last 12 years, Ras steered the Virtuse squad to become one of the most recognizable brands within the European energy industry growing revenue to €250,000,000.
Ras Vasilisin Ras is a natural born disruptor. After being a stockbroker in New York, he moved on to innovating cross-border electricity trading, shaking up Europe’s energy markets. For the past 11 years, he has run one of the largest carbon emissions brokerages in the world, seeking to mitigate the course of climate change. He is now using best practices from this diverse background to break ground in the cryptocurrency space.
Virtuse Exchange’s reputation speaks for itself and is strongly supported by various facts and by real business model that works every day. By investing (cryptocurrency) in the project you can be 100% sure of the reliability of your investment, as you invest into business with real assets and real people.
VIRT Tokens and Virtuse ICO:
VIRT Tokens is a valuable digital asset, Virtuse Exchange platform’s token, which will be used/tradeable at/on the biggest crypto currency markets. With the help of ICO Virtuse Exchange plans to attract the investment resources at a wide range. As suppose, the token sale will be interesting for the owners of digital assets, who would like to transfer them into the more secured investment tool and not to tremble anytime they hear the news about the possible Bitcoin rate falling.
The VIRT token will be based a standard ERC20-agreeable token on people in general ethereum arrange, also, will be utilized as the settlement gadget for all exchanging exercises on the platform. The exercises incorporate, yet are not constrained to, exchanging, settlement of agreements, protection, and use. At this arrange, the Virtuse platform permits the exchanging of cryptographic forms of money, utility tokens, resource swaps, and fates on items. In ensuing platforms, we intend to stretch out the platform to the exchanging of rates and choices on values, ETFs (Exchange-Traded Funds), and other appealing resource composes. Virtuse Exchange is opening financial markets worldwide to “asset digitization” – all through the tokenization of commodities.
VIRT holders can work on the Virtuse platform as merchants or resource backers. Resource backers ensure each exchange by giving insurance against the danger of default by the merchants (counter gathering hazard); both benefit and hazard are computed because of a reputational motor worked inside of the platform.
In other to participate in the ICO, follow these steps below:
• Purchase the tokens: Virtuse Exchange will issue a number of tokens during the ICO.
• Receive dividend payments: As a token holder, you have the right to receive payments equivalent to shareholder dividends.
• Convert your tokens into shares: As a token holder, you also have the right to convert your tokens into Ordinary Shares.
VIRT Token type: ERC20
A strict limit of: 1,000,000,000
Hard Cap: $20,000,000
Soft Cap: $5,000,000
Price: 1 ETH = 8,000 VIRT
In conclusion, if Virtuse Exchange ICO piques your interest then it’s meant for you. The ICO still ongoing and will come to an end soon. The good news is that it’s not too late to take part in this one of a kind investment opportunity.
The Virtuse Group company was founded in 2006, but the work with blockchain technology began only in early 2018. From that moment the development of the business model of the platform began, and in March 2018 the development of the Virtuse Exchange platform itself was launched. After that, the developers published the project Whitepaper, and in August 2018, the date of the public sale of platform tokens was announced. At the moment (September 2018), the platform has launched a beta version of its decentralized exchange, and is holding an ICO within which it is planned to issue 1 billion tokens.
October is marked by the first launch of beta-versions of specialized tools DACT and DAPP. The end of the pre-sale of the tokens is scheduled for November. In the same month, the DACT module will be released.
After that, in December 2018, the allocation of tokens will begin:
40% of tokens will be allocated between TGE participants
25% of tokens will be reserved to ensure liquidity of assets
20% of tokens will be allocated between the platform team
10% of tokens will be allocated between community members
5% of tokens will be allocated between platform advisers
In the first quarter of 2019 the DAF module will be announced and launched, and in the second quarter the DACT markers will transfer to the target platform participants.
In the third quarter of 2019, the Virtuse Exchange platform will be fully launched. In 2020, it is planned to cover 1% of all world physical assets, and by 2022 — 5% of world assets.
For more info:
visit the links below to have a better insight of the project
Author : Maniecool
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