Vantum is an ethash algorithm chain, that takes all of what ethereum is and optimizes it’s features for practical mainstream adoption and day-to-day use. The purpose of Vantum is not to simply create a better cryptocurrency, but to create a more useful blockchain that developers can utilize to build applications that bridge the gap between mainstream fiat transactions and faster, more secure, cryptocurrency.
VantX is the first decentralized application produced on the Vantum blockchain and built to enable both small and large businesses globally to engage with their customers in the crypto economy, whilst still earning its primary revenue in government-backed fiat currency. We do this by building a platform for the tokenization of corporate customer rewards and providing a system for interoperability between other corporate reward tokens on the network.
The Platform will earn feature an integrated Web3 browser.
- A fully integrated mobile wallet for corporate rewards tokens as well as traditional cryptocurrencies
- An online marketplace to purchase and spend rewards tokens and crypto.
- The VantX app brings everything that the Vantum Network is to the hands of
- Vantum Network users everywhere.
Tokenization Benefits - With the VantX platform, retailers are able to create their own tokenized rewards. Using the easy to use reward creation system, retailers will have access to a multitude of features in order to produce a truly tailored rewards programs, allowing retailers to:
- Set parameters for token distribution based on fiat spending, and other
- measures including: membership anniversary, size of purchase, customer
- birthday, frequency of purchase etc.
- Create and promote services, events and products that can only be paid
- for using tokens.
- Create their own market for tokens by re-selling them in-store, online or in-app
- Create bounty campaigns that reward customers with tokens in exchange for support of corporate marketing efforts.
Fiat is believed by the masses to be more stable, more secure, and easier to use. Thus, fiat is perceived to be more valuable. When it comes to adoption, usage and volume, perception matters most. For this reason we believe it is a poor decision to work against fiat currency, and have dedicated this chain to building crypto-fiat integrations to work complimentary to fiat, not competitively.
Fiat Relay is an initiative designed to provide an automated solution for existing smart contracts on the Vantum Blockchain to immediately exchange crypto-to-fiat without the need for a user to become a client of an existing Crypto-Exchange. This also removes any manual action from the beneficiary for receiving his/her pay-out amount in fiat currency, provided that all mandatory and required payment information is available to the Fiat-Relay Smart Contract.
Best Features:
- Ethereum 3.0
Ethash Masternode Network - Vantum will only be the second coin on market to implement masternodes, on the Ethash algorithm. Taking the ethereum network, to the next level of security and operability for developers utilizing the chain. - Truly Solution-Oriented
Crypto-Fiat Co-operation - With Vantum we aim to build a suite of features that specifically serve to facilitate crypto-fiat transactions and interactions in a way that is complimentary, not competitive. This will only help to introduce more users to crypto, and make it easier for those in crypto to utilize it to it fullest potential, day-to-day. - Highly Scalable
Limitless Applications - 4 levels of masternodes that secure the network and decentralize content and file storage for applications built on the chain.
For Information
Website: http://vantumnetwork.co/
Whitepaper: http://vantumnetwork.co/whitepaper.pdf (coming soon)
ANN: https://bitcointalk.org/index.php?topic=4694790.new#new
Twitter: http://twitter.com/vantumnetwork
Telegram: https://t.me/vantumnetwork
Facebook: https://www.facebook.com/vantumnetwork
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