[VPP] The contract design competition is coming, and millions of tokens are waiting for you!

1Purpose:Unleash the power of the community and tap the favorite contracts
2Object:All new and old users of ValPromise
3Approach:Scan QR code to add official customer service WeChat,Reply to “Contract” to enter the “Contract Design Competition”,And submit the information according to the registration link in the welcome message.Registration link: https://goo.gl/forms/ZQK1AGuLbq78ZBiw2
4Timeline
The first stage, Contract collection phase: Sept 6th-10th
The contract designer submits the contract design proposal, and the official conducts a unified collection and collation, which is in compliance with the rules and can be technically implemented into the public voting stage.
The second stage,The open voting stage: Sept11th -13th
All contracts entering the public voting stage will be publicized and publicly voted, and the top ranked votes (final number of candidates will be selected according to the number of candidates) will enter the VPP voting stage.
The third stage,The VPP voting stage: Sept 14th -15th
All contracts entering this stage are publicized through all channels. Users vote on favorite contracts using VPP, and finally choose the one that is most popular with the community.
The fourth stage, The publicity result stage: Sept 16th.
The final winning contract will be publicized through all channels, and the contract design competition will be successfully concluded.
5Award
1、Participation in Contract Design Awards (all contracts are rewarded).
① Participation Award: submit effective contract, each contract award is 10 thousand VPP
Effective contract: a contract that can be technically realized within a specified time and is in accordance with the rules.
② Final contract

Valid vote: the total number of votes for all contracts in stage 3 has exceeded 10,000 VPP
2、Forwarding rewards (forwarding specified content)

3、Reward time
Within 3 working days after the end of the activity
6Contract design rules
1. Contract name?
Loud and easy to understand.
2. Which open objective index is linked to the contract?
Currently, it can support global stock exchange data, foreign exchange rates, commodity prices of commodity exchanges, and digital inter-currency exchange rates.Public: anyone can freely query through the Internet.Objective: indicators exist in numerical form.
3.Contract form?
Include:
A.contract price
B. Under what conditions of the contract, what obligations should the seller undertake to the buyer of the contract?
C.When will the contract come into effect and when will it expire?
D.The form of contract must be simple, easy to understand and easy to attract.
4、Contract attractiveness?
What kind of people will be involved in this contract?
7Example
1. Name:Digital currency exchange rate option
2. Linking Indicators: BTC-USDT Exchange Rate Data from Currency Security, Link Address http://www.binance.com/btc-usdt
3. Contract Form: The price of the contract can be arbitrarily selected by the user (>0), the contract will be bullish/bearish when the user orders. If the user chooses the bullish/bearish direction, the contract will take effect 15 seconds after the order is placed, and the contract will end in 19 seconds, compared with the “BTC-USDT exchange rate” when the contract takes effect. The contract seller will pay 180% of the amount of the user’s order.
4. The attraction of contracts: Contracts fit the attention of digital currency audiences on the rise and fall of Bitcoin prices, users can quickly understand and operate easily, and can be judged right and wrong in a very short time, and have the opportunity to quickly get nearly double the return, so it is very attractive to speculative users.
8The final interpretation power of the event belongs to ValPromise official.

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.
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