INTRODUCTION
What is Blockchain?
Blockchain is a technology that is used as a digital storage system or bank data that is connected with cryptography. Its use is inseparable from Bitcoin and other Cryptocurrencies.
Even so, there are many other sectors that can take advantage of technological developments from this Blockchain. To make it easier to understand the meaning of Blockchain, let's look at the naming side.
Block which means group and chain which means chain. The meaning of the naming of this technology reflects how blockchain works. Where, the technology utilizes computer resources to create connected blocks (chain).
The interconnected blocks are later used to execute a transaction. This technology is indeed quite interesting because it does not need to be changed. Blockchain runs itself using computer algorithms without any particular system that regulates it.
Difference between Blockchain and Cryptocurrency
Cryptocurrency is a digital currency system that uses cryptography. Thus, the currency cannot be counterfeited by irresponsible people.
These crypto assets use a technology called blockchain. So, blockchain is a database that cannot be changed or changed. In essence, blockchain is a technology used to store digital data connected to cryptography.
The two are different, but they are related. Where crypto is a digital currency and blockchain is the technology as well as digital data storage related to cryptocurrency transactions.
What is ValerStudios?
ValerStudios (VLR) is an incubator and a crypto-economy for digital black wealth creation. ValerStudios provides a platform for digital designers and developers to reach their full potential without requiring investment from third parties in exchange for equity. #ValerStudios participates in the incubator project each cycle, evaluating projects and founders through the VLR community that are accepted through the whitelisting process and subsequently can be listed on exchanges as part of the #ValerStudios ecosystem.
VALERS (VLR) TOKEN
VLR tokens will bring together people, projects, businesses, and nations into a cross-platform ecosystem that is tailored to the #blockchain in order to better educate the masses about all things #crypto. Not only does this provide assistance and incubation for every newbie entering the #crypto world, but it also provides investors and enthusiasts with a more accessible way to support their favorite projects.
ValerStudios intends to use proceeds from the sale of its VLR token to fund the launch and acceleration of a number of initiatives that aim to bring mainstream awareness and interest in a wide variety of industries. This will come about through funding for communities and conferences such as those that may serve these industries, as well as donations and grants that could potentially help early-stage projects gain traction by providing initial capital before they are deemed ready for venture capital. The primary focus will be on specific opportunities where our team already has experience in identifying practical use cases, or strong groundwork is already in place.
FEATURES OF VLR TOKEN
a. EMPOWERMENT
Valer creates an opportunity for people in areas that are sometimes overlooked or underprivileged to not have to be neglected once again, but instead, help them gain access to tools that allow them to create their own means of wealth or even livelihood as a whole.
b. SUSTAINABILITY
Valer values a crypto economy that is built around community. Valer supports the black and underserved communities, as well as donates 7% of total fees to charity.
c. DETERMINATION
Valer is dedicated to building a next generation of decentralized finance that will impact the lives of countless generations for the next 100 years.
d. INDEPENDENT
Valer knows the importance of community. VLR token holders in the community receive tokens from other projects, are able to stake those tokens into each project’s staking pool, as well as possess voting rights.
VALERSTUDIOS FEATURES
a. SOCIAL CAUSE
Apart from a staking pool that will contain 80% of all fees generated across the platform, another 7% is designated to charity. Tackle social injustice in solidarity with other like-minded world citizens and make a difference as soon as tomorrow.
b. GENERAL BLACK WEALTH CREATOR
Our mission at #VLR is to promote safe and equitable partnerships that nurture and empower our community. We understand how important this practice is, but we also recognize how hard it can be to navigate amidst the many challenges we face while trying to carry out those objectives. The new study from Citigroup acknowledges that emerging markets with greater access to education and infrastructure are less vulnerable than countries where the children who grow up in poverty are left behind economically. And because you have joined #VLR, you're helping to make a difference by paving your path towards a more participatory society for all.
c. CRYPTO ECONOMY FOR BLACK WEALTH
In order to be successful, we need to make sure that everyone is aware of what's going on in the world around them. A good way to help people become more familiar with something is by taking a sneak peek at what it can do for them personally. The reason why #VLR Tokens was created was made possible thanks to the crypto ecosystem and by taking advantage of its potential, we can all benefit from it for years to follow.
The VLR focuses on microeconomics, which means it helps provide a solid base for the individuals, projects and businesses involved in the crypto world to build upon. Linking them to existing sources of wealth, like capital from economics, increases their chances of success exponentially. There are many ways we can help jumpstart other's crypto-projects into motion.
d. STAKING POOL
VLR can be staked in the VLR Staking pool. As part of the staking pool mechanism, VLR token holders will be able to receive tokens from other projects, thus helping those projects function and grow, whilst simultaneously also acting as an essential component in securing these projects. Additionally, as a means of incentivising our very own team to improve the quality of what we offer for our supporters, users who stake their VLR into the VLR Staking Pool will be able to earn referral fees.
e. INCUBATOR
VLR is focused on providing resources to oppressed communities in regards to personal finance. Whether it be helping a local business by moving them through an incubator or holding seminars for the public about how to handle their finances, VLR is here to teach them everything they need to know about budgeting.
VALERSTUDIOS ECOSYSTEM
Valerstudios is a company focused on developing disruptive ideas and projects that contribute to the global black economy. We work with each of our clients to provide governance, services, and infrastructure for their new business ventures.
HOW THE ECOSYSTEM WORKS
ValerStudios’ ecosystem is designed to incubate and accelerate new projects that could potentially benefit African American communities using a full suite of innovative technology tools from blockchain smart contract development, token minting and business strategy assistance. Projects will be launched by leveraging decentralized finance technologies in combination by soft-technology governance methods and the full support of up to 6 projects every year.
NATURE OF THE TOKEN
ValerStudios token is the currency of our new blockchain and can be traded on Binance's crypto trading platform or seen as a form of Peer to Peer (P2P) transfer and payments when used in conjunction with other tokens on the Binance chain. Because ValerStudios’ tokens are only created once and never minted again, we call it non-mintable. The 1,000,000,000 supply makes it deflationary since as more time passes fewer tokens remain, therefore making each one increasingly valuable over time.
BENEFITS AND VOTING POWER OF VLR TOKEN HOLDERS
ValerStudios’ tokens help sustain the company. The more business it has, the more funds it would make and the more tokens in supply would be out there to grow and multiply. With that being said, a significant portion of ALL VLR will be placed into a staking pool as well: the more customers ValerStudios' projects serve and the higher their revenues are, the higher your tokens are worth! Hence our business model is not only helping other businesses build a solid customer base but also our own token's value by making sure everyone benefits from it - 100% transparently. We are confident that you can see how this is beneficial for everyone involved here simply because if we have done our "work" properly then this means that any additional token sales made by ValerStudios (as its value grows large) will turn into millions of dollars in revenue funding future projects hence increasing customer demand.
TOKENOMICS
The VLR token is a BEP-20 on Binance Smart Chain with a total supply of 1,000,000,000 non-mintable, deflated tokens. They launched directly on Binance Smart Chain before their next generation smart contract blockchain Flare Networks which was released in late 2021. This new #blockchain will ensure super low transaction costs for anyone who wants to use the VLR token during this revolutionary era of digital ownership and control.
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Tokenomics
Token Name : VLR
Total Supply:
1,000,000,000 VLR
Contract:
0xe99c458f443ebfb5476502a1798f8fcdb72cc3aa
Decimals:
18
How to buy
VLR is listed at panacakeswap and we can buy easily. https://bscscan.com/token/0xe99c458f443ebfb5476502a1798f8fcdb72cc3aa
CONCLUSION
ValerStudios is the first digital content company representing people and communities that have been underrepresented in traditional media. We aim to empower these communities by providing them with the tools needed to see their own real-life struggles represented by real actors, actresses and other creatives from within those very same backgrounds, with a crypto economy backing our efforts regardless of traditional funding possibilities.
Team
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#Valerstudios #VLR #blockchain #cryptocurrency #technology #bitcoin #money #crypto #Binance #BNB #cryptocurrencies #fintech
Information link:
Website: https://valerstudios.io/
Facebook: https://m.facebook.com/valerstudios
Telegram: https://t.me/valerstudios
Twitter: https://twitter.com/valerstudios
Youtube: https://instagram.com/valerstudios_dao
AUTHOR
Bitcointalk Username: Bingkeng20
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=3389760
Telegram Username: @Jihan_Phonna
BSC Wallet Address: 0x518761BCfae203092f914B9e92cd95e82dbA4799