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In over the past decade, the advent of blockchain technology have witnessed the rise of quite a number of companies and group of minds that strive to commercialize it utilization for various business scenarios. It's unfortunate that most of these ambitions failed due to a number of fundamental technological bottlenecks that ranges from low scalability to slow transaction speed among several other structural flaws.
Equilibrium, a blockchain solution designed by EQBR Holdings to address the various technological bottlenecks associated with existing blockchain solutions. Equilibrium blockchain utilizes a non-competitive concensus algorithm and micro-chain architecture to handle limitations caused by rapid network expansion and significantly improve transaction speed. This article talks about Volare Network, the first blockchain network that proove the commercial viability of Equilibrium's blockchain technology.
Introducing Volare Network
Volare Network is a platform that is built to power decentralized solutions that are based on the revolutionary Equilibrium blockchain technology. With a goal that is ultimately targeted at full utilization of the scalability and speed of Equilibrium blockchain, Volare Network will promote commercial utilization of blockchain technology across various industries in several sectors of the global economy.
At the initial, Volare Network is actively attracting dApps with high accessibility, particularly gaming dApps. Volare Network infrastructure will effectively support and enhance the use-value as well as exchange-value of all solutions it powers, thus products and services on Volare Network will benefit from the technological milestones that have been achieved by Equilibrium Holdings.
Volare Ecosystem & Some of Its Applications
Volare Network ecosystem is an environment that supports healthy development with it collection of services that provides steady ecosystem enhancements. The graphical illustration below is an overview of Volare network's ecosystem.
Notably features of this ecosystem includes but not limited to;
- Development Support: Volare Network introduced Development Support in order to significantly support the developers of decentralized products and services in it network with a subsidized cost of development. The ecosystem empower developers with rich native tools that could be utilized to build complex, creative and productive blockchain solutions.
- Business Support: Volare Network provides a wide range of services that are targeted at supporting and expanding the business motives of it ecosystem's developers, these services includes launchpad, airdrops, dApp store and decentralized exchange. This will go a long way in helping developers to seamlessly commercialize their products and services which will consequently lead to business expansions.
- Communication Support: Volare Network is powering a decentralized messenger and communication service with it Whisper MSG product, this product implements top notch data security mechanism that utilizes asymmetric key encryption, a technology based on elliptic curve algorithm. Equipped with an inbuilt decentralized wallet functionality and an end-to-end messaging functionality that self destruct communications after they have have delivered, read and comfirmed, Whisper MSG is a gateway into Volare Network for a vast majority of it enthusiasts out there. Whisper MSG was published in November 2021 and is available for downloads in Google Play Store and iOS App Store respectively.
Volare Network Coin (VOLR) With Its Tokenomics & Utilization Cases
VOLR is the primary utility coin of Volare Network ecosystem, VOLR will be minted with an initial total supply of 1000,000,000 coins that will serve the fuel that powers it ecosystem. Find a detailed tokenomics of VOLR coins below.
Being the primary energy source that powers it ecosystem, VOLR coins will play a very key role in the ecosystem as it utilization span across a number of scenarios that includes but not limited to;
- Deposit/Reserve/Staking: The various product and service providers within Volare Network can choose to comply with either deposits, reserve and staking criteria by remitting VOLR coins.
- Network Transaction Fee: Fee for the management of transaction services provided by Volare Network Operators are settled in VOLR coins.
- Gamings: Its only natural that gaming companies running on Volare network will integrate VOLR coin alongside their native token as their gaming payment options. Thus gamers can pay for NFTs (in-game items), subscriptions and a lot more with VOLR.
- Fund Raising: Volare Network as an ecosystem will certainly attract companies that powers fundraising launchpad for start-ups and businesses seeking for expansion. Launchpads attracts investors and venture capitals, all fundraising by launchpads on Volare Network will most certainly utilize VOLR coins as a primary payment option.
VOLR Coin Public Sale Information
$VOLR coin public sale is slated to be hosted on Volare Network's Launchpad starting from 12 September 2022 and will run through until 24 September 2022. 5% of the total VOLR coin supply will be issued in this sale, find a detailed breakdown of the sale allocation schedules below.
Meet Volare Network Core Team Members
Volare Network Platform Development Timeline
In Conclusion
The emergence of Bitcoin with it successes and limitations triggered the need for blockchain commercialization, we have seen the rise of Ethereum as a commercial blockchain and how it limitations triggered a number of forks attempting to overcome it network cost and scalability issues. Volare Network, built on Equilibrium's blockchain technology have proven the possibility of a stable commercial blockchain that is highly secure and scalable through the utilization of a micro-chain architecture. Do follow the official links made available below for much more into the potentials of Volare Network, thanks.
Website | Whitepaper | Telegram | Twitter | YouTube | Medium
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Forum user: thefreethinker
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$VOLR #Volare #mVOLR #VOLR #Cryptocurrency #HODL #Airdrop #Whisper
I see Volare Blockchain coming out strongly. What do you think readers?
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