VOLENTIX – Addressing The Challenges Of The Existing Crypto Trading Landscape 

by | Jan 14, 2019 | Cryptocurrency News, Press Release

volentix

Volentix – New Age Cryptocurrency Trading Ecosystem

Ever since the emergence of crypto trading, the digital asset marketplace has witnessed many highs and lows associated with the trading and exchange of cryptocurrencies. It is evident that the digital assets trading realm lacks the security and stability that investors and traders expect. Legitimate digital currencies must be used in broad commerce and the fundamental focus of digital asset exchanges should be to simplify and enhance the user experience. 

To address the existing market mandate, the Volentix ecosystem has extended four effective digital applications, namely VENUE, VERTO, VESPUCCI, and VDEX 

VENUE 

VENUE is developed as a dynamic community platform that recruits and aligns members of the VOLENTIX community to promote and distribute VTX tokens. An initial VENUE signature campaign is under process.

VERTO 

VERTO is designed as a multi-currency wallet to facilitate transactions in VDEX exchange. It aims to offer custody of private keys to execute peer-to-peer transactions. Private and public keys  will be locally managed, thereby eliminating the possibility of loss of stake due to failures of central operation. 

VESPUCCI 

VESPUCCI is planned as an analytics engine that is accessible via a user-friendly interface with real-time treasure troves of market data including ratings and sentiment analysis. The team aims to empower users with the tools to graph and compare tradeable digital assets, access, and parse historical trading records, identify trends and patterns, and monitor and assess open-source software developments. 

VDEX

VDex is designed as a distributed, decentralized digital asset exchange platform that focuses on user experience and community development and governance. It has leveraged state-of-the-art technologies and established selective protocols with emphasis on security, speed, authentication, ease of use, scalability and multi-asset support in order to facilitate peer-to-peer transactions. The exchange accomplishes this by amassing a portfolio of decentralized applications that are developed on EOS.IO smart contracts. 

Rendering Ease of Access 

In order to facilitate easy accessibility of the aforementioned, VOLENTIX intends to issue the native utility token VTX. An initial signature campaign of VENUE is already in process and furthermore, the team is analyzing pre-sale opportunities and potential terms and conditions for the crowd sale. Moreover, a contract from the EOS.IO framework would facilitate the issuance of 2.1 Billion VTX tokens with a supply of 1.3 Billion. With the integration of this framework, the platform aims to harness benefits such as the development of accounts and wallets.

On the whole, the ecosystem envisions to make VTX and the four pillars of VOLENTIX easily accessible for users who wish to join this community. The team intends to build an interactive user interface that makes all the relevant data and account information easily accessible to the users. 

VOLENTIX – A Democratized Digital Asset Ecosystem 

The VOLENTIX platform aims to offer a decentralized digital asset ecosystem that emphasizes on reducing the excessive dependency on central authorities. By leveraging open-source code philosophy, the team at VOLENTIX intends to extend a safe and convenient trading experience along with the use of digital assets, thereby making digital currencies mainstream. 

Learn More about VOLENTIX on https://volentix.io/

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