Volentix – Bringing a Comprehensive Plan for Transforming the Digital Assets Domain
VOLENTIX refers to itself as a comprehensive digital assets ecosystem (DAE) that integrates open source code philosophy to reduce reliance on centralized administration. It intends ultimately to be self-governed by its community operating as a decentralized autonomous organization (DAO). In its early development, VOLENTIX is relying on the work of various dedicated affiliates, including Pythagoras Systems in Greece and Semantic Labs in Bulgaria.
Integration of Blockchain Technology
VOLENTIX is integrating innovations in blockchain technology to reduce reliance on centralized middlemen and to deliver asset control and security to individual owners. Digital assets trading thereby becomes more efficient and stable.
The Five Core Digital Applications of Volentix
In its foundational materials, VOLENTIX presents five powerful digital applications:
VENUE is designed and developed as a dynamic community platform that operates to recruit and align members of the VOLENTIX community to promote distribution and use of VTX (the native digital asset of VOLENTIX). Beta testing of VENUE commenced in mid-2018, initially offering incentives for participation in various aspects of developing a decentralized community.
The downloadable application VERTO is designed as a multi-currency wallet to facilitate personal custody and local management of private and public keys in peer-to-peer transactions to reduce the risks of losses of stake associated with the failures of central exchanges.
VESPUCCI is an interactive user-friendly analytics interface that seeks to empower users with effective tools to access real-time and historical data, to identify trends and patterns, and to generate digital assets ratings and sentiment analyses.
VDEX is a decentralized digital assets exchange integrated with the multi-currency peer-to-peer VERTO wallet to boost confidence and security in digital assets transactions.
VTX is the native digital asset of the VOLENTIX DAE. VTX is conceived to allow users to take part in the multiple functions offered by VOLENTIX, including:
- Submitting proposals to the DAE
- Voting on proposals submitted to the DAE
- Participating in DAE governance
VOLENTIX intends to integrate EOS.IO smart contracts to distribute 2.1 billion VTX including 800 million VTX made available for verification of transactions.
Centralized trading of digital assets is marked by a history of security failures. VOLENTIX is building a decentralized digital assets ecosystem to transform the present paradigm by providing confidence and security to its users.
Learn More about VOLENTIX on https://volentix.io/
Disclaimer: Volentix is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all. Token sales are only suitable for individuals with a high-risk tolerance. Only participate in a token event with what you can afford to lose. This press release is for informational purposes only. The information does not in any shape or form constitute financial advice. Investors are urged to do their own research before investing.
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