Hello everyone, my today's post would be on a unique multi level project called Vena Network.
About Vena Network.
This is an open protocol for financing and exchange of branded assets which allows it users to utilize a peer-peer cryptocurrency collateral loans and OTC trades anytime and anywhere depending on their time. Vena Network allows free exchange between cryptocurrency and Fiat, which is highly preferred today.
Vena Network mission is to create an asset financing and a decentralized digital exchange network through the Vena Protocol and to promote the development of a healthy cryptocurrency community.
It is also divided into two layers:
The basic protocol layer: it comprises of registration, configuration, routing, and management of the top layer financial business.
The asset protocol layer: it includes assets, completing the user-defined financial business through the application of the term contract interface.
The system provides a unique advantages for node and venous users. It also utilizes economic incentives such as cost compensation for various roles in different market competitions in venous ecology to provide accurate market data, real credit data, and distribution of digital assets, loans, trade and management services in a fair, transparent and safe with rich application scenarios.
Ecology of VENA token.
The Vena Network platform will be built around the Vena internal marker which is a standard ERC-20 token based on the Ethereum network. Distribution and transfer of tokens is carried out using the Vena contract, which operates on the Ethereum network. Also Vena holders/users will receive priority support in technical support, exclusive discounts and bonuses.
Benefits of Vena Platform.
Vena holders are bound to enjoy up to 50% discount charges for OTC trading services.
Users who access money using VENA tokens as collateral can enjoy a 50% discount for the service and receive a higher credit ratio and a lower limit.
VENA holders are eligible to participate in Vena DAO voting and become part of the protocol management decision making process.
TOKENOMICS:
Token Name: Vena
Token type - ERC-20
Platform - Ethereum
PreICO price 1 ETH = 15,000 Vena.
Token price - 1 ETH = 10,000 Vena.
Crowdsale starts: 25th of Oсtober - 5th of November, 2018.
Hard Cap - 9,000 ETH.
Country - China.
Conclusion.
Before installing a Vena node, their is a criteria number of VENA tokens which must be deposited with the Vena Network. Likewise to achieve the spot of a Vena ambassador one also has to have a sum of vena token deposited in the Vena Network.
PROJECT ROADMAP.
Q2 - 2018
- the official launch of white paper & Vena Network website.
- Proof of concept development & launch.
- Development of communities in countries including the United States, China, Canada, Australia, Russia, etc.
Q3 - 2018.
- Launch of the Public Sales .
- Launch of the official exchange beta version.
- Perform targeted financing and business loans based on official beta exchanges.
- Introduction of the application for Vena Node.
Q4 - 2018.
- VENA Tokens to be registered in exchange.
- Open source SDK from Vena Network is available on github.
- Pilot run from official exchanges and simulation operations.
- Vena 1.0 release.
- First Vena Node introduction.
Q1 - 2019.
- Vena 1.1 release
- Development of the ecosystem in full, start the city partner program, and introduce 20+ Veins Nodes
Q2 - 2019.
- Vena 2.0 release.
- Accelerating expansion of global business, Introducing 50+ Vena Nodes.
For more information about the project, visit the following links:
Website: https://vena.network
GitHub: https://github.com/venanetwork
Telegram: https://t.me/vena_network
Facebook: https://www.facebook.com/vena.protocol
Twitter: https://twitter.com/VenaProtocol
WhitePaper: https://twitter.com/VenaProtocol
Author Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=1578037
Eth address: 0x6fcEE7bc11F7826F88335cd3e1Aa396F7C859659
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