Many new changes are happening at Vevue. We’re expanding to prove new business models for next-generation social media. Last week, we updated our roadmap to include some new tokens alongside our product offerings.
Understandably, we want to make sure that fairness and transparency are the values we uphold in this process of change. The most discussed question amongst the community has been:
What will happen to my current Vevue Utility Token?
We plan that your current Vevue Utility Token will maintain its utility within the Vevue ecosystem as a medium of exchange or “payment token” which may be used to view content, participate in the request-exchange model, or to invest in the production or distribution of particular content; we also plan to create a Stablecoin for which you would be able to exchange your token for the purpose of insulating your holding against volatility, or establish a more consistent trading route to fiat currency. We expect that concurrently with our STO, we will offer to repurchase outstanding Utility Tokens.
Please note that this is our current intent, however it is subject to change, and we cannot assure that we will be able to accomplish any or all of our intended plans.
We will continue to share as much information as we can as it becomes available.