Volans is a cryptocurrency payment system which is based on the blockchain technology. Our product aims to meet the demand and introduce fresh ideas to rapidly increasing cryptocurrency market and gives opportunities to the users to make instant transactions including paying bills and making purchases with their cryptocurrency assets.
About Volans
Volans is a cryptocurrency financial services company, that operates using Blockchain.
The cryptocurrency market is rapidly growing, contributing to the usage of Blockchain technologies in new unknown ways. Our product aims to meet this demand of creativity and introduce revolutionary ideas to the quickly increasing cryptocurrency market. You can learn all the details by reading this document.
The Volans platform enables Users to make instant transactions, including paying bills and making purchases with their cryptocurrency assets.
This White Paper is created to present Volans platform and VOL tokens. Also, this document aims to highlight financial and technical aspects of the project and gives a step-by-step plan for development of Volans infrastructure. One Chapter of the document describes the details of the public token sale.
Market Description
In the modern economy, digital banking has become a necessity as it simplifies and speeds up the exchange publicly accepted units of account, known as money, for goods and services.
However, for the last 8 years one of the leading positions in the economy and finance has been taken by cryptocurrencies. The first and the most popular cryptocurrency is Bitcoin, that plays the role of an absolutely decentralized payment system, which does not depend on intermediaries, such as banks. Also, this payment system doesn’t need any guarantors, that emit circulating medium such as coins or paper money.
Bitcoin and other cryptocurrencies allow you to get rid of dozens of inconveniences of using a fiat money such as:
· The instant transfer of liquidity is very difficult; the customer must use pretty expensive services such as Western Union. Furthermore, this type of money transfer often needs a client’s personal presence, that makes this method extremely inconvenient;
· International wire transfers are made mainly through the international payment system Swift. It is cheaper than the transfers mentioned above, but this type of transaction has processing time up to 3 business days;
· The Central Bank has the full and unrestricted right to establish all the parameters of the financial system, including the emission of the additional liquidity; therefore, the residents are exposed to high inflation risks in case of an unpredicted and unexpected cash emission
Problem Description
Despite all the advantages of cryptocurrencies compared to fiat money, today cryptocurrencies are mainly used for speculative purposes. That means, that the investors try to earn money on the jumps of cryptocurrency price, but do not use cryptocurrency as a payment item. Therefore, we can observe high market volatility and unpredictable price changes.
During the period from September 2017 to February 2018 the monthly volatility of Bitcoin price was 50% and higher. We consider that to be the main factor, that prevents cryptocurrencies from becoming a totally accepted international payment item. Also, cryptocurrencies are facing legal barriers and bans in many countries.
The Volans team considers this situation to continue in the next 10 years, but the cryptocurrency market capitalization is supposed to increase annually.
These forecasts are confirmed by the world leader in
Consulting and audit Deloitte. According to their research, the cryptocurrency market capitalization will reach 10% of the world GDP by 2022.
The classical banking system is obsolete. It is slow, expensive and extremely inconvenient, especially for international transactions. Furthermore, there are so many intermediaries in the chain. By comparing the main differences of the centralized and decentralized approach, you can see the significant advantages of using cryptocurrencies and the Blockchain technology for developing a financial and credit payment system with advanced contactless payment technologies.
THE PRODUCT
As stated earlier in the overview, #Volan is a cryptocurrency financial services company, which is based on the Blockchain technology.
All transactions inside the Volans platform are commission-free and instantaneous. Transfer from the module, which implements a cold storage of cryptocurrency assets to debit or credit card Volans occurs through the Blockchain technology. Users pay only a commission fee to miners, who process the transactions.
Moreover, users can save and transfer their assets to other users’ cold wallets without commission and in a few minutes. The recipient can also exchange received asset to any other currency, including fiat money or move it back to a cold storage to ensure the highest level of security and anonymity.
Volans Wallet
Volans Wallet enables users to:
· Create several cold wallets with different currencies;
· Import other wallets by entering an encrypted private key or directly scanning a private key;
· View the current price for the assets in dollar terms;
· View the user’s portfolio which displays information about personal funds according to the current exchange rate.
Why Volans conduct the Token Sale
The Volans payment system collects funds for a full-fledged launch of the platform and entering into the existing market. The Volans Company has issued Volans (VOL) investment tokens for this purpose.
· Issuance of VISA / MasterCard virtual cards linked to the system account;
· Instant reloading of a cold wallet by VISA / MasterCard card in any bank in the world;
· Instant transferring of funds from a cold wallet to a VISA / MasterCard card;
· Creation of a public loyalty program for Volans users.
Monetization of the Volans project will be achieved through commission fees from some users` payment transactions such as buying and selling of cryptocurrency assets in exchange of fiat money and transfer of the cryptocurrency assets from the Volans Wallet to the Volans Debit card.
With the steady monetization of the project the instant transactions between Volans debit cards, usage the contactless payment technology, payment by Volans debit and credit cards online, all these transactions will remain for users commission-free.
VOLANS TOKEN SALE
Tokens VOL are equity tokens of the Volans Company. These tokens ensure that all token holders receive a part of company`s profit during the reporting period.
VOL is a token issued by Ethereum platform and supports ERC-20 standard. This standard ensures that the integration of this token with exchanges and other services will not be more difficult than for any other tokens, released on the Ethereum platform. There will be 19 600 000 tokens released during the Token Sale. All unsold tokens will be burned and not be generated again.
Token Distribution
- Token VOL
- PreICO Price 1 VOL = 0,45 USD
- Price 1 VOL = 0.0005 ETH
- Bonus Available
- Bounty Available
- Platform Ethereum
- Accepting ETH
- Minimum investment 1 VOL
- Soft cap 1500 ETH
- Hard cap 7000 ETH
- Country Estonia
- Whitelist/KYC KYC & Whitelist
Milestones
Q3 2017
- The birth of a Volans idea. Analysis of market needs. Marketing research for the project target audience.
- First early investments in MVP - $200.000.
- Prototyping the interface of Volans platform.
Q4 2017
- Start of the platform development.
- International marketing launch. Launching MVP alpha-testing.
- Designing blockchain technologies for the Volans project. Analysis of the first results of MVP alpha-testing.
Q1 2018
- Smart-contract creation. Public tokens sale announcement. Web site launch. Whitepaper is available for investors.
- Launching the first Volans Wallet module - iOS app. Whitelist is available for investors.
- Tokens PreSale. Project presentation for token-holders.
Q2 2018
- Launch the second Volans Wallet module. Staging loyalty program. Accepting refill/withdraw cryptocurrencies with fiat money and vice-versa.
- Main token sale stage. Starting development Volans Wallet for Android and Web.
- Legal registration in EU jurisdiction. Active work with opinion leaders.
Q3 2018
- Extending Volans Wallet functionality with fast, no commission money transfers within Volans eco-system.
- Announcement of credit rank calculation algorithm announcement based on technologies of blockchain. Releasing Andorid and Web applications.
- First virtual and plastic cards emission. Volans is on the front pages of all news publications.
Q4 2018
- Launching contactless payments with NFC technology.
- Apple Pay and Android Pay for offline and online payments.
- First payment of dividends to investors.
Q1 2019
- Integration with third-party services.
Q2 2019
- Unlocking 12% of tokens for further platform developing.
Team
- Anton Ivanov CEO, Founder
- Petro Shylaiev CTO, Co-Founder LinkedIn
- Oleh Podhornyi CMO, Co-Founder LinkedIn
- Anna Bureiko UI/UX Designer LinkedIn
- Eduard Ohiienko Creative Producer LinkedIn
- Anna Komarevych Head of Support & Communications LinkedIn
For more Informations:
WEBSITE | FACEBOOK | TWITTER | WHITEPAPER | TELEGRAM | BITCOINTALK | BOUNTY | MEDIUM | GITHUB | REDDIT
Author: bakso.super
Profil link : https://bitcointalk.org/index.php?action=profile;u=1785483
ETH: 0x0A39Baaa338F9F1f5f5b4e52f82095d0dD7c94D8