Weekly Report 2019 August #2

V Systems
V Systems
Published in
4 min readAug 9, 2019

In this weekly report (2nd Week of August 2019): Huobi Pool has now opened the VSYS staking and mining function for its users. V SYSTEMS was featured on Crypto Briefing and Blockfolio Weekly Highighlight. 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

SDKs are mostly ready to use, currently available versions include Java, Go, C#, Python and Javascript. The SDKs will continue development for supporting smart contracts in the near future.

Wallet Development

Android cold wallet version 0.2.0-RC1 has been released.

V SYSTEMS web wallet will be receiving a refactor in order to use the Javascript SDK.

2. Global Community

Huobi Pool

Huobi Pool has opened the VSYS staking & mining function for its users today. Users who lock 1000 VSYS can enjoy double profits on the platform. Let’s keep the ecosystem growing!

Media Coverage

V SYSTEMS has caught the attention from Crypto Briefing and was featured on this independent and well-validated media channel. We are happy to see that VSYS is gaining popularity in the blockchain space, our team will continue to work hard to grow our influence globally. Click through to read the full article.

Blockfolio Signal Weekly Highlight

The Blockfolio editor picked the VSYS announcement to be included in its Blockfolio Signal newsletter, which was promoted on Twitter and to around 5 million Blockfolio users in the app. Thank you Blockfolio for your support! Click through to read the full article.

VSYS Giveaway Activity

Crypto Godfather and his Supernode Black Diamond announced a giveaway activity on Twitter last week. Congratulations to the winner! Thank you to all the supernodes and community members for your support.

3. Supernode

HelloPool, a top EOS block producer, has joined us as one of the supernode candidates (called HelloVSYS) recently and has gained extensive support from the community. 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.

4. Market Overview

Exchange Updates

VSYS won the Huobi FastTrack voting on 31 July 2019, and has been listed on Huobi Global on the same day. On the first day of listing, the trading volume on Huobi reached US$12 million, with a total trading volume of over US$18 million across all platforms by CoinMarketCap. Click through to read the full article.

Market Cap

VSYS rose 12% in the last 24 hours and is currently ranked #28 on CoinMarketCap, with a market cap of over US$400 million. A big thank you to the community for your continuous support.

Screenshot from CoinMarketCap on 9 Aug

Staking Rewards

This week, VSYS has remained #9 on stakingrewards.com. With a total staking value of approximately US$15 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