Let’s know a little about Aavo Club
Official Vite Groups:
Telegram Vite Spanish https://t.me/ViteSpanish
Telegram Vite English https://t.me/vite_en
Continuing with the series of presentation of projects created on the VITE network, this time I bring you a publication commenting on Aavo Club, a project that will soon be participating with its Aavo token on the Viva Staking platform.
What is Aavo Club?
According to its twitter account, AAVO Club is experimenting as #DeFi with strategic investments and with the regular distribution of its profits through the AAVO token.
Currently AAVO Clulb does not have an official page, but in the following link you can find their twitter, telegram and discord accounts https://twitter.com/AavoClub/status/1404831213760638976
In addition, they currently have a small community, so at the moment they are focused on increasing their community through marketing, supporting projects that are already well known to us.
What information do we have about your token?
Its token was created in the month of June with the amount of 1,123,581,321 information that can be found at the following link https://vitescan.io/tokens
That same month, its pre-sale was launched at the price of $ 0.0001 which ends on June 20, 2021, thus determining the revision of its tokenomics, which would finally be this way:
The burning of their tokens was finally carried out on June 22, 2021 which you can check in the following transaction hash:
fbfb177e1f7ed8abb2c69d5f2f2d4e3a6ef57dd9bce9bc0616cbd8ecdfff993b
Its future launch on the VivaStakingPool platform, motivated me to ask you some questions which I share.
Conversation held on 01.02.22 through his twitter account.
1.- The first question that occurs to me and which is usually the one that is always asked, is which market is it aimed at or what is the purpose of the AAVO Club project?
For now, the scope of the project is quite simple. Aavo Club rewards its holders frequently with various tokens. You can see the last few distributions in our Twitter. Our holders always are rewarded better than existing Voting / staking rewards on the App.
2.- What stage or process is the project currently in?
You can consider it as initial stage. We are actually crippled to expand the scope before arriving at a way to distribute to huge number of addresses (automatic distribution mechanism).
3.- In addition to your twitter and Discord account, do you have a website or do you plan to implement it later?
We had a website few months ago, but for the time being we paused it. It’ll come back once we enlarge the activities.
4.- According to the information I read on twitter, Aavo Club distributes profits, what is the source of these profits?
Aavo has its own capital in various forms. Source of these profits includes returns on different forms of investments, which I cannot disclose at the moment.
5. Could you tell us about the process of distribution of profits among your holders?
It is randomly chosen. We do not restrict distributions to a partiular token/tokens, but will decide from time to time.
Final conclusion:
The intention of this publication is to bring you projects that are born in the Vite network and so that they get to know something more about them and that way they can investigate more and draw their own conclusions, as I already mentioned, they have a small community. which we could consider as its weak point, but let’s be fair. Who is born with a large community? Well, communities are not born, communities are made. So I invite you to enter the AAVO Club information channels to ask your questions and let them know your doubts and concerns, only in that way we can know about the projections and intentions of a project.
Let’s not forget that in the world of cryptocurrencies and investments, having information is important in order to make a conscious decision.
If you are one of those who are enjoying the profit sharing with Aavo, I would love for you to tell us about your experience.
Thank you very much for the time you took to read the post.
