VANTA Project5 (AxU) Event Review and Reward
VANTA Network wins 2nd place in the AxU Project5 Competition
Introduction
In January 2019, Allbit and Upbit hosted the Project5 (AxU) Competition Event in order to discover blockchain projects to be recommended and reviewed by Upbit. Out of the 41 projects applied, VANTA Network was selected as one of the top 5 projects eligible to participate in the event.
Each project was both screened and selected by Allbit and Upbit based on the following criteria — Transparency, Technicality, Team, and Legal Compliance. After the due diligence procedure, the 5 projects were chosen, including VANTA Network, CoinUs, IoTeX, Kambria, and Pibble, backed by exceptional organizations and team.
Competition Result
The selected projects, including VANTA Network, competed against each other for 30 days until March 4, 2019 on the 4 different criteria — Trading Volume, Number of Traders, Hold Amount, and Token Votes. With strong support from the Korean and global community, VANTA Network was successfully earned the 2nd Place title which includes the benefit of Upbit KRW pair listing recommendation.
Event Reward Distribution
VANTA Network has successfully distributed the Project 5 reward tokens to the early event participants.
About VANTA Network
VANTA Network envisions the world’s decentralized network for real-time, secure, and private connectivity. Please join our community for the upcoming updates and details below.
For all other inquiries, contact us at official@vanta.network.
