What is V-TRUST
After realizing the complexity of the challenges that most need to overcome and the steep learning curve before they can enter diligently into the cryptocurrency industry, the V-Trust development team created V-Trust.
This is a cryptocurrency that seeks to make participating in the cryptocurrency industry easier.
THE V-TRUST COMMUNITY
This is a multi-cryptocurrency reserve with the core purpose to provide market liquidity and reduced volatility of the V-Trust coin. The community reserve pools the knowledge of experienced business analysts, blockchain experts and experienced traders.
The reserves will be grown both through market making of V-Trust and diligent diversification between other propitious cryptocurrencies.
To grow the reserves through diversification in promising ICOs and undervalued cryptocurrencies, following the appropriate research and proper due diligence.
To provide V-Trust with additional market liquidity. This makes it more resilient to volatility pressures than other altcoins.
To counteract inflation by burning the excess V-Trust held in the community reserves. This reduces the total circulating supply of V-Trust enabling continued for token holder to receive reward.
Problems & Solutions
V-Trust model will be centered around fixing the aforementioned issues and bringing trustworthy and
transparent reviews of crypto projects for new crypto entrants and existing enthusiasts alike.
Despite the lucrative appeal of the cryptocurrency industry, it is one of the riskiest industries to invest in. The volatility can be quite lucrative when the market is bullish, but the moment it turns bearish, investors can take millions in losses. Just take the simple example of someone who bought Bitcoin when it was about to breach the $20,000 mark. Right now, it is less than half the value. This is the flip side of the volatility, substantial losses. Unfortunately, there is no predetermined way to determine when the market will go south because prices are driven mostly by speculating.
Beside from the volatility, other issues make investing in the cryptocurrency industry a precarious matter. The other is the high failure rate of cryptocurrencies. If you have the money, you can invest in Bitcoin, Ethereum or Bitcoin cash. However, most of these coins cost over a thousand dollars with Bitcoin at around $6,000. Most investors turn to less costly cryptocurrencies.
There is no shortage of cryptocurrencies to invest in, with over 1600 different cryptocurrencies on the market. However, most of them are disasters waiting to happen. An expected 80 percent of these existing cryptocurrencies will fail or lose value. Investorsneed to be very careful when they are choosing the cryptocurrencies that they want to invest in.
A look at the ICO market shows the same results. Even though close to $5.6 billion was raised by ICO start-ups less than 50 percent of them were successful. The study showed that out of the 913 ICOs last year, only 435 of them became or are on course to become legitimate cryptocurrencies. This is only 48 percent of the total number of ICOs. Even though ICOs have the highest investment return, they are the riskiest with 52 percent of allinvestments likely to end in failure.
V-Trust model will be centered around fixing the aforementioned issues and bringing trustworthy and transparent reviews of crypto projects for new crypto entrants and existing enthusiasts alike.
This will be done using the strength and expertise of the V-Trust community and their respective skills. The V-Trust community is between 120,000 and150,000 people from 193 different countries and speaking almost every common language interacting with one another across 4 different channels (Facebook, Twitter, live support and Telegram).Community members will be tasked with performing extensive due diligence on certain crypto projects, being compensated fairly for their efforts. Not every community member will be required or expected to participate.
Those who do choose to participate will undergo extensive and comprehensive internal Know Your Customer (KYC) procedures to ensure the trustworthiness of each and every rating and review. KYC procedures will be outsourced to a trusted and vetted third-party KYC provider. After successfully completing KYC, each reviewer will be categorized internally
The V-Trust token (VTR) is a 100% airdrop token based on the Ethereum network according to standard ERC20 specifications. There never was, nor ever will there ever be, any token sale or ICO of any kind.
Token Distribution Start On
The total supply is 1,000,000,000, and the circulating supply is around 100,000,000.
We are not aware of any tokens that have ever been sold or traded in exchange for fiat money.
- Token Distribution starts 15th Jan 2019
- Token Distribution ends 15 Feb 2019
- Public ITS starts 16th Feb 2019
- 5% of this supply is reserved for the team
- 5% airdrop for community.
- Number of reserved 900,000,000 VTR (90%)
Terms & Conditions
The given White Paper document has been formulated to present the V-Trust project to potential participants of the platform and those interested in contributing to its development.
The information contained in this Whitepaper and on https://www.v-trust.io are of descriptive nature only, are not binding and do not form part of the terms and conditions of the Token generation event (hereinafter known as the “Terms”). In particular, you should be advised that the purchase of V-Trust Tokens may involve high risks. Please refer to the risks section in the Terms for more information.
Before purchasing any V-Trust Tokens, please ensure you are capable of offering official representation and warranties, specified in the respective sections of the Terms.
This is a roadmap for V-trust and upcoming plan that will be launched in future.
iOS & Android
The V-Trust token (VTR) is a 100% airdropped token based on the Ethereum network according to
standard ERC20 specifications.
There never was, nor ever will there ever be, any token sale or ICO of any kind.
The remaining 90% is reserved exclusively for the community. The community receives tokens by either participating in our airdrop rounds, engaging in any of our social media communities or buying them on the exchange.
Uncirculated tokens may be burned in the future if deemed necessary. The token metrics were originally different from what is shown today. As the use case, needs and business model of this token and company have developed since the idea’s first origination, the tokenomics have changed to reflect such needs.
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