VOLUM - The Holding Company That is Revolutionizing The Blockchain Industry
PRESENTATION
With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.
While this revolution is gaining wide acceptance, VOLUM, a technology-based blockchain-era holding company has arrived. VOLUM has created a Multi-Sector Enterprise & Business-2-Business (B2B) Platform which will allow companies to rapidly scale and grow internationally by leveraging all of the power and benefits provided by blockchain technology.
"In 2017, the market for blockchain was $411.5 million, and its expected to keep growing with more startups every year. For business applications, blockchain access can be restricted to a private network, rather than the public blockchains used by most cryptocurrencies. This would make the blockchain accessible to only approved personnel or companies and offer a multitude of benefits.
With private blockchain, companies would be more secure from single point of entry hacks, as their data would exist across multiple nodes and couldn’t be hack from a single weak point, usually a phishing scheme. The decentralized nature of blockchain also acts as a internal backup, preventing accidental data loss or deletion. Companies would save money by using blockchain and smart contracts, reducing the amount of time spent verifying transactions and following up on missed payments.
Regardless of your industry, blockchain has potential benefits for your business."
With that being said, VOLUM leverages the benefits of a holding company structure which, by design, minimizes risks through diversification, and allows shared infrastructure to quickly attain economies of scale through blockchain technology.
But before we go any further, please check out this video presentation to get even more acquainted
Now that I have your attention, let’s get right to it.
What exactly is VOLUM?
As depicted above and as indicated on the official whitepaper of Volum, VOLUM is a technology-based blockchain-era holding company.
In addition, VOLUM maximizes investment value and stability through its holding company structure. VOLUM invests in portfolio companies that currently possess, or have the ability to easily create, long-term asset value. This offers VOLUM investors diversification across multiple companies and industries. 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.
The Volum blockchain platform operates as the one central location for your business supply chain operation. Companies who use this platform will be able to carry out a wide range of blockchain transactions including: Payments Rewards Purchase Orders Legal Contracts Regulatory Compliance Taxation Shipment Management Letters of Origin Customs Documents Inputs/Outputs and Inventory Ordering Delivery/Parcel Tracking IoT Monitoring and Reporting Big Data Analytics Inputs and End-Product Tracking/Traceability.
Brief History
VOLUM is a holding company formed by Bengala Technologies, LLC and International Spirit and Beverage Group (ISBG). Bengala is a blockchain software development company and ISBG (OTCQB:ISBG) is a top-tier incubator for early stage brands in the wines and spirits market. The VOLUM platform delivers a disruptive logistics and supply chain solution to a variety of industries, including but not limited to the $391 billion alcoholic beverages industry and the $1.4 trillion global advanced energy market. Built upon the Ethereum blockchain, the VOLUM platform utilizes its own native currency, VLM, a mined coin that employs smart contracts for the settlement of a wide variety of transaction types between ecosystem participants.
The Mission
The mission is to deliver data-driven technology and innovation through the family of companies to improve business processes and efficiencies.
About The VOLUM 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 blockchain platform operates as the one central location for your business supply chain operation. Companies who use this platform will be able to carry out a wide range of blockchain transactions including:
Payments
Rewards
Purchase Orders
Legal Contracts
Regulatory Compliance
Taxation
Shipment Management
Letters of Origin
Customs Documents
Inputs/Outputs and Inventory Ordering
Delivery/Parcel Tracking
IoT Monitoring and Reporting
Big Data Analytics
Inputs and End-Product Tracking/Traceability
The Features
VOLUM does extensive research and vetting to find the absolute best companies for its platform.
VOLUM then allows these companies to join its platform.
VOLUM's operating companies are then entitled to the unique benefits of the platform.
How It Works?
Before we take a step forward into shedding some light on the Token and ICO details, let's take a little detour into The Business Model and Revenue Model as depicted on the official whitepaper of VOLUM:
Business Model
VOLUM makes minority investments (30%-35% equity stake initially) in portfolio operating companies that it deems are poised to maximize efficiencies and competitive advantages by leveraging the VOLUM decentralized logistics and supply chain technology platform. Through the implementation of this strategy, the company assembles a portfolio of businesses with the potential to become market leaders in their respective industry spaces.
Revenue Model
VOLUM generates revenue from operating company dividends as well as from platform transaction revenue, paid in VLM currency, from the operating companies for their use of the VOLUM technology platform. The selection process of portfolio companies also takes into consideration potential vertical and horizontal integration opportunities with other portfolio companies to further expand competitive advantages and to accelerate transactions revenue growth on the VOLUM single token platform. The company expects to benefit from appreciation in the asset value of its portfolio companies over the holding period of these investments.
Token and ICO Details
VOLUM Consortium chain will be able to deploy as many ERC721 tokens as needed for each supply chain order. This operation will be free as well. When an ERC721 token goes from the A to Z supply chain process, there will be an opportunity to burn the token as it will not be needed (burning can be done by erasing metadata in the ERC721 token and then assigning its account number to the last minted ERC721 token).
Token Sale Details
SOFT CAP - $1 MILLION worth of VLM tokens
HARD CAP - $74.6 MILLION worth of VLM tokens
Token Generation Events (TGEs) / Sales Events
Token Distribution
Use of Funds
ROADMAP
Q1 2019
Build VOLUM Platform MVP
Token generation event
Q2 2019
Close token generation event
Trial of the VOLUM platform before public release
Launch and onboarding of first companies to the VOLUM platform for pilot program
Airtab token implementation for Airtab App
Develop milestone program for investment in each portfolio company
Q3 2019
Start 2nd stage of development of the VOLUM platform
Implement remaining features and additional content to the platform
Onboard new companies and expand the use of the VOLUM platform
Q4 2019
Implementation of milestone program for the investments in portfolio companies
Business and financial licenses submission for ACME Financial
Blueprint development of blockchain architecture for ERS and GridPower Network
Smart contract development for ACME Financial
VOLUM platform marketing campaign to attract new businesses
Expansion of Airtab to European and Asian markets
Q1 2020
1 st stage of blockchain ecosystem development starts for ERS and GridPower Network
Prepare and package VOLUM platform for BETA release
Business setup and approval of the financial licenses and permits for the international financial entity in Puerto Rico
Q2 2020
2nd stage of development of blockchain ecosystem for portfolio companies
MVP trial of the blockchain ecosystem for portfolio companies
Full release of all features on the VOLUM platform 2.0
Revisions of VOLUM portfolio companies and assess progress of 2019 and their course
MEET THE AMAZING TEAM
Be a part of this incredible project. Download the whitepaper for the full scoop.
Till next time…
For more information, please visit:
Website: https://volum.io/
Whitepaper: https://volum.io/assets/images/volum-whitepaper.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=5124478.0
Facebook: https://www.facebook.com/volumproject/
Twitter: https://twitter.com/IoVolum
Telegram: https://t.me/volumholdings
Discord: https://discord.gg/N5K9cFK
Instagram: https://www.instagram.com/volum.io/
Bounty0x Username: TheMichaelMatch
Author: TheMichaelMatch
My BitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=1326035
Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.