*Important* VegaWallet Platform Update
Good Afternoon to all of our VegaWallet supporters. We would like to start by thanking everyone for your support in our token sale and bounty programs. VegaWallet as a company has made huge strides and continues to overcome new obstacles laid out by changing regulations, community needs and more. We could not do this without our outstanding team or loyal community and will continue to provide weekly updates from now until the end of our token sale.
As you can see the cryptocurrency and ICO atmosphere has been rapidly changing. Due to the breakthrough of bear control in our market many token sales have seen a drastic decline in immediate collection of funds when compared to 2017. This drop in “enthusiasm” is not necessarily a bad thing though when comparing it to last year’s market. Many retail investments have come and gone leaving only large funds to guide platforms to success. Although these larger funds can provide the push VegaWallet may need we have continued to work around their unique requests. In many instances the VegaWallet team would be asked to relinquish controlling stake of our project, which to us is like giving up a child. Giving control of our platform to a larger corporation or fund goes against the very nature of Bitcoin’s inception. The decentralization of the financial community depends on small and large businesses alike competing for market share and new customer capture. If VegaWallet was consumed by a larger company then what would make us different than the financial companies of times past?
The VGW Token sale is very important in nature due when it comes to future platform development however if the token sale does not capture an enormous amount of funds, we as a team do not consider this a failure. Phase 1 of VegaWallet is nearing completion without the usage of any token sale funds gathered. The Mobile Application combined with our exchange sets the ground work for a larger system yet to be introduced to many parts of the world. VegaWallet has also recently begun to work on our partnership with a popular payment processing company in the United States of America. This partnership will help place payment terminals in locations to process traditional credit transactions. If you are familiar with our white paper and roadmap, you will understand that this puts us several months ahead in some aspects of development. Placing these terminals in stores not only establishes the payment network for our cryptocurrency point of sale system but also allows VegaWallet to generate another revenue stream. Revenue from the exchange combined with our processing system will allow VegaWallet to continue completion of our platform and work towards our 10 year plan.
Please note by that commenting on this we are not down playing the importance of the VegaWallet Token Sale. VGW is considered the backbone of our platform in many aspects and the dispersion and liquidity of our token is needed in most cases to provide a thriving ecosystem for our users. As of right now our counter sits at the 1,021,346.99 mark. We ask our community to come together and help drive the world to participate in our token sale.
VegaWallet has recently announced that our token sale will be continued for an extra phase of exactly twenty days. This puts our new end date at December 6th, 2018. The bonus provided by this new phase will be the exact same as the phase three bonus of an extra 11%. We as a team have provided several trading outlets for the VGW token after our sale as ended to help improve interaction and liquidity of our token. Go to https://VegaWallet.com to purchase your tokens now!
The VGW Token will start deposits on the above exchanges starting December 10th, 2018 with trading starting on December 12th, 2018. All of the exchanges our token will be traded on remain in the Top 100 on CoinMarketCap for liquidity and security ratings.
You will be able to trade our VGW Token on:
www.LAToken.com
www.Crex24.com
www.GetBTC.org
We have ensured that we continue to find the best trading outlets for our token moving forward and can’t wait to show you our exchange as well (Where VGW is a main trading pair).
VegaWallet has completed our exchange and mobile application. We would like to apologize to the community for the prolonged release but we deem it necessary to prevent future problems. Cryptocurrency platforms endure many security and user risks 24/7, for us to release a new platform without first testing and securing every last line of code and functionality would go against what we stand for as a company. As you can see our exchange provides a nice clean layout for trading and an easy to understand process flow for beginners to learn on. We have also incorporated a night mode as well.
The exchange remains on respective test net functionality for now as we dive deeper into the release process. We promised to have our Phase 1 products to the public by the end of our Token Sale and we plan on delivering with time to spare. We pride ourselves on taking every step possible to protect our users funds in the future and hope that our partnership with BitGo and other custody services can provide a relaxed customer state of mind.
VegaWallet would also like to make a brief announcement on our involvement with the recreational and medical cannabis industry. We feel our point of sale platform introduced in Phase 2 can provide the infrastructure needed for a secure payment solution. Our “Cash to Crypto” solution for these companies will be an industry first in secure asset storage due to the fact that most cannabis companies can not use federally regulated traditional banking models. We are currently talking to several dispensaries, growing companies, and representatives for the cannabis market. Look for several updates on new partnerships or platform acquisitions in our coming weekly addresses.
VegaWallet is also working within several other distinct markets to establish ourselves early on. If you feel your business could be enhanced by a cryptocurrency enabled Point of Sale system and Back Office Options please reach out to our team! The world of cryptocurrency is just beginning to bloom and our team plans on being around for the long haul.
You can stay up to date on our platform by subscribing to our Medium Blog
Or by visiting us on one of the following:
https://Twitter.com/VegaWallet
https://Facebook.com/VegaWallet
https://Reddit.com/User/VegaWallet
https://Linkedin.com/Company/VegaWallet
Please follow our Telegram Groups:
https://T.Me/VegaWalletSupport
https://T.Me/VegaWalletTalk
Bounty/Airdrop Update: Our Bounty has been updated to also finish on December 6th along with our ICO. We apologize for any inconvenience however we find this was needed due to delivering all VGW bounty tokens within two weeks of our token sale end.
