Weekly Report 2019 August #1

V Systems
V Systems
Published in
4 min readAug 2, 2019

In this weekly report (1st Week of August 2019): VSYS won the Huobi FastTrack voting on 31 July, and is officially listed on Huobi Global. HelloPool has become one of the supernode candidates in V SYSTEMS. Our brand new website is live! Please read the full report below.

1. VSYS Blockchain Development

Smart Contract Development

In the first version of the VSYS smart contracts, functionalities that will be introduced include issuing, transferring, and destroying tokens. The first implementation of VSYS Smart Contracts are currently being tested in the Testnet. However, design discussions are currently underway for some new features of the VSYS Smart Contracts, adding new low level functionalities.

SDK Development

SDK development for the main chain is continuing, the SDKs have begun development for supporting smart contracts. The javascript SDK is also almost ready for usage, and is currently undergoing code review.

Wallet Development

V SYSTEMS web wallet has received small updates and bug fixes to its UI to improve user friendliness. Its refactoring to use the javascript SDK is now in progress, however it’s likely the continued wallet development will wait until the SDKs completely support smart contracts.

Trezor has approved V SYSTEMS listing request, integration is currently in progress.

New Website
We are pleased to announce the launch of our brand new website! Check out our latest updates and learn more about V SYSTEMS here: https://v.systems/

2. Global Community

VSYS Giveaway Activity

Crypto Godfather and his Supernode Black Diamond announced a giveaway activity on Twitter to celebrate VSYS’ listing on Huobi. Follow our twitter @VSYSCoin and enter the giveaway to win 5000 $VSYS now! Thank you to all the supernodes and community members for your support, and good luck to all the participants!

Korean Community

We have been working hard to expand the Korean community in the past 2 months. Our official VSYS Kakao Talk Group has reached 1,000 members this week and we are getting in touch with different local influencers to catalyze the marketing work in Korea. Join the VSYS Kakao Talk group chat here.

3. Supernode

HelloPool, the token pool by HelloEOS — a top EOS block producer has become one of the supernode candidates in the V SYSTEMS blockchain. The supernode name is HelloVSYS. If you are a VSYS Coin holder, don’t forget to lease your VSYS Coins to a selected supernode and earn your minting rewards. View the Supernode Ranklist for more details.

Our supernode Black Diamond published a simple explanation video on VSYS Wallet and Staking

4. Market Overview

Exchange Updates

VSYS won the Huobi FastTrack voting on 31 July 2019, and has listed on Huobi Global with deposits and trading starting at 22:00 (GMT+8) on the same day. Nearly ten thousand people voted for VSYS, accounting for a total of 38,456,859 HT votes. The Huobi listing has once again validated the potential for VSYS to become one of the mainstream coins in the years to come.

Market Cap

With a market cap of over US$380 million, VSYS has slightly dropped 1 place on CoinMarketCap this week, and is currently ranked #28 by market cap.

Screenshot from CoinMarketCap on 2 Aug

Staking Rewards

This week, VSYS has remained #9 on stakingrewards.com. With a total staking value of approximately US$16.5 billion and an overall StakingRewards Score of 88%, V SYSTEMS has maintained a healthy staking environment for all token user. With VSYS coins, you can easily enjoy the rewards from staking with just a few clicks. Take action now!

Screenshot from stakingrewards.com on 2 Aug

Stay Connected

Follow us on Twitter, Medium and YouTube to stay up-to-date with our latest announcements. Join our official VSYS Telegram group, Reddit and bitcointalk to participate in discussions with the VSYS team and our community. If you are a developer, you can also connect with our developers around the world in the VSYS GitHub Community.

Other Useful Links

VSYS Official Website: https://www.v.systems

Supernode Ranklist: https://vsysrate.com/

VSYS Blockchain Explorer: https://explorer.v.systems/

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V Systems
V Systems

A blockchain platform that supports the efficient and agile development of decentralized applications. Visit our website at www.v.systems