VPP Economic Model Version 1.0:how does ValPromise “outbreak” in a bear market?
Note: The ValPromise economic model will be piloted in early September (please pay attention to the official notice), and in the future, it will gradually improve according to the needs of project development and community users.
How to participate: Please download ValPromise-APP (download address: Download.ValP.io)
1How does ValPromise “outbreak” in a bear market?
ValPromise is the earliest batch of financial block chain project with application grounding products. From temperature contract products went online in March this year, currency option contract went online to the present, ValPromise has always been moving ahead by stcking to the original intention of “building a financial contract platform in which everyone can distribute and make transactions freely.” At present, ValPromise has realized the transfer of the operational rights of contract, and it has successfully held two auctions of “the most profitable product in the currency circle”.
The market environment is sluggish, but ValPromise-APP still maintains a stable volume of transactions and user growth, which is closely related to its innovative “blockchain+finance” model.
2Full transparency return mechanism: bold innovation in the “dividend model”
“80% of VPP business system revenue” will be returned to “system participants” as “return amount”, which will be settled daily and redeemed to users according to the corresponding VPP market open price.
VPP business system revenue component
1.Recharge fee: the difference between the exchange rate of the APP and the market exchange rate
2.Withdrawal fee: a single fixed fee of 2000VPP is charged as a handling fee (single withdrawal minimum 5000VPP)
3.Auction Fee: According to the contract auction
4.Transaction fee: 2% of each transaction amount
The “return amount” will be announced in real time in the platform.
30% of the “return amount”: “return amount” is based on the “daily transaction volume” of the users in the platform, and is proportionally distributed according to “the transaction volume/total transaction volume”, and the person without the transaction volume does not participate in the “return amount”.
70% of the “return amount”: “return amount” is based on the “unused portion of the daily use” of the users in the system, and is proportionally distributed according to “the amount of currency held /the total amount of currency held”. Those who do not hold the currency do not participate in the distribution.
The new dividend model of “transaction + holding money” has brought more possibilities to users, and is more in line with ValPromise as a third-party platform to ensure the fairness of the transaction between buyers and sellers.
3New invitation incentive:Have the opportunity to achieve wealth freedom by “inviting friends”?
30% of the total daily profit of all “contract operators” in the platform as a new commission for the user (unprofitable operators do not charge commission), the commission will be returned to the old users who bring new users to the platform, and according to the “new user transaction volume / platform total transaction volume” to the corresponding old user rebate, daily settlement.
Find new users’ plans
1.Commission: 30% of the total profit of all “contract owners” in the platform。
2.Rebate rules: User rebate VPP quantity = (the total amount of “new users” invited by the “old user” / total trading volume of the platform) * 30% of the total profit of the “contract owner”。
3.New User Judging Criteria: Accounts registered under a specific “Invite Link”
Invite new users to register, and strive to be the first batch of newcomers, it is possible to achieve wealth freedom, the heart is not as good as action, download the APP to participate in the new. You have your financial freedom!
4Token voting mechanism: Can the community participate in decision making?
ValPromise will introduce a “token voting mechanism” to allow the community to participate in project decision-making. Community users can vote on the priority of product function development, project core team performance, and new online contract form through VPP token.
ValPromise has always believed that, if we would like to reach the great vision of “ the first global financial contract platform in which people can make distributions and transactions freely”, we must need to realize the co-governance of communities, and give the power of communities into full play. And the first step to let the community have the same desire, letting the community participate into the allocation of interests. In the future, ValPromise will gradually deliver the decision-making rights to the community, achieve the co-governance of communities in the real sense, and create a free financial future together with the communities.
5Valpromise project introduction
Value Promise Protocol(hereinafter referred to as “ValPromise”), is a universal protocol to resolve the decentralization of certain financial contracts for free issuance/trading, ultra low cost deployment application that apply to all public chains that support intelligent contracts.
The ValPromise protocol is based on any third party publicly available, the objective indicators determine whether the contract is fulfilled, so that any person or organization that meets the protocol standard can issue his own financial contract. At the same time, for any potential buyer of the contract, the trust is only based on fairness and enforceability of the contract itself to make a purchase decision, and there is no need for any third party to participate. Breaking the imbalance between supply and demand of financial products caused by geographical differences, regulatory differences and other obstacles.
Investment Institutions Participation: Distributed Capital Shenbo, PreAngel Fund Wang Lijie, Wenzhou Capital, Gravitational Capital, Crypto Venture, Shoulian Capital, Fission Capital,MDT Foundation, QKC Foundation, Themis Foundation, OKEX . The company (Weather Pal)of the project received two rounds of investment, including Angel Investor Wang Gang, TenCent founder Wu Xiaoguang, MoWeather, Mingshi Capital.
Now,buy VPP on Fcoin!
The introduction of Fcoin recharge trading:https://mp.weixin.qq.com/s/X2JtP1zvrZwzyMhJVFX46w
The Introduction of currency option https://mp.weixin.qq.com/s/QDV5fhh_fpZQ2hAb6cOLBg
ValPromise successfully launched Fcoin, and the contract trading contest will held at the same time.
Website: www.valp.io
WeChat : valpromise-vpp (please add CSR first)
Telegram (Chinese): https://t.me/ValP_Chinese_community
Telegram (English): https://t.me/ValP_English_community
Facebook: https://www.facebook.com/ValPromise.io
Twitter: https://twitter.com/ValPromise
Reddit: https://www.reddit.com/user/ValPomise
Medium: https://medium.com/@valpromise/