[ICO][BOUNTY] BLOCKv makes digital objects ownable and tradable
Hey guys! Today I’d like to tell you about a project for developing virtual goods on the blockchain — BLOCKv (more: https://blockv.io/). This is a decentralized platform for the economy of virtual goods, the purpose of which is to make the process of creating new developments as convenient as possible for developers (platform introduces the user interface, which is easy for the newbies to understand) and to give the ability to transfer virtual property between different closed platforms, i.e. it will be possible to integrate other blockchains and platforms. According to authors, the BLOCKv platform is built around the concept of vAtoms. Each vAtom is a virtual object that is ‘emitted’ from a template variation. A vAtom can be seen as a standard for virtual goods and be presented by a game item, coupon, ticket, application, online document and everything that exists online and include a description of the virtual goods and the conditions for its execution and interaction. The practical use of it can be as follows: you can buy something at e-store, tokenize it into a vAtom, and transfer it to another store to sell, or send it to your cryptowallet. You can also tokenize purchases from the App store so that in case you are blocked all paid applications remain in your possession. Certainly, in our era the question of digital property rights arises. Thus, people can conveniently store their digital assets and virtual goods.
So I wanted to pay some attention to the benefits of the project. First of all, the main difference from other platforms consists in the possibility of integration and interaction of any virtual goods with each other regardless of the platform on which they were created, through vAtoms. Each developer will be able to create their own templates (code describing some digital asset in vAtom format) and sell them on the trading platform inside the ecosystem, and you can also earn vAtoms by providing computing power for the platform. Developers and creators are not attached to a single centralized environment, meaning that the technology can become widespread with minimal costs. When publishing vAtoms, developers will be able to choose which blockchain their templates will support.
In general, you can get to know the features of the vAtom and make some conclusions as for the benefits of the system.
I must say, the any operations on the platform will be conducted using vAtoms. Developers will be encouraged with vAtoms for conducting experiments with revolutionary technologies. The platform will become a whole ecosystem to promote the blockchain industry with the organization of competitions or hackathons for developers. The authors of the developments will receive V-tokens as a reward when users will benefit from the results of their innovations.
Just for you to know: this is a Swiss-based project developed by a team with a strong background in the field of the blockchain industry and a strong support of advisers. Pleasant to admit that still the project is so young, the team has already got its victories. Among 26 competitors BLOCKv won the first place in D10e Pitch Competition. By the way, if you missed the conference, the speech video is publicly available (https://www.youtube.com/watch?v=5K_O03cp88M).
And finally some facts about the ICO. During the presale $20 million cap was reached and the main sale will last from October 19 till October 24, 2017. The final price per token will depend on the total sum raised in the main sale, with a maximum price of $0.02 per token. IF you want to contribute, please see https://blockv.io/
Disclaimer: Please be aware of the fact, that a Contribution within the TGE (Token Generation Event) is not a form of investment, but a Contribution into a Smart Contract System for the generation VEE. VEE are only for use in connection with the BLOCKv Project under the terms of the Smart Contract System and only constitute a transferable representation of attributed functions specified in the Smart Contract System. Ownership of VEE carries no rights express or implied other than a limited right (license), which enables the creation and consumption of virtual goods and the utilization of the BLOCKv Platform, if and to the extent the BLOCKv Project has been successfully completed and launched. In particular, Participants in the TGE understand and accept that VEE do not represent or constitute any ownership right or stake, share or security or equivalent rights nor any right to receive future revenues, shares or any other form of participation or governance right in or relating to the BLOCKv Project and/or BLOCKv AG.
You also have some time to support the project in the bounty campaign, see details here: https://medium.com/@blockv_io/blockv-bounty-program-2914acfa7f03
Hope this information was useful for you, I also add some project-specific links:
My BTT profile link: https://bitcointalk.org/index.php?action=profile;u=1077060