The cryptocurrency landscape has evolved from what it started almost a decade ago. At its heart, it is still a space that aims to give back to the users. Here are some tokens that hope to help you give you profits.
Green Chains
With the main aim of introducing decentralization into centralized financial institutions and ultimately the global financial market, Vertochain (VERT) is an open-source, decentralized protocol. Vertochain (VERT) was designed to solve the problems plaguing decentralized finance (DeFi) projects in the blockchain industry. One of the notable selling points of decentralized finance (DeFi) is eliminating redundant and superfluous systems and transaction fees imposed on crypto users and enthusiasts by the conventional financial sector.
The Vertochain (VERT) platform acknowledges that the accompanying uncertainty, volatility, and instability of the infrastructure and underlying architecture of the blockchain networks in our financial industry today increase the risk of insecurity and other problems for several decentralized finance (DeFi) platforms. The Vertochain (VERT) platform will also allow for peer-to-peer trading and the swapping and exchanging of tokens across five different blockchains, which include Tezos (XTZ), Avalanche (AVAX), Solana (SOL), Ethereum (ETH), and the Binance Smart Chain (BSC). This will boost interoperability as information, cryptocurrencies, and digital assets can easily be transferred from one blockchain to another.
The Token Details
With a maximum supply of 500 million tokens, the VERT token is the official token that powers the Vertochain (VERT) platform. This token will initially be launched on the Binance Smart Chain (BSC) before moving to the Tezos (XTZ), Avalanche (AVAX), Solana (SOL), and Ethereum (ETH) blockchains. The token will be distributed to give different aspects:
- 30% will be sold during the VERT token’s presale.
- 25% will be distributed to the Vertochain (VERT) network’s liquidity pool which will be utilized by liquidity providers (LPs).
- 20% will be allocated to the development of the Vertochain (VERT) Multichain.
- 20% will be rewarded for activities performed on the Vertochain (VERT) platform.
- 5% will serve as funds for the Vertochain (VERT) team.
Does Vertochain (VERT) have a Roadmap?
The Vertochain (VERT) platform has a four-phase roadmap in its official whitepaper. The roadmap is divided into the following phases:
Phase 1: This is the first stage of the Vertochain (VERT) roadmap, and it includes:
- The Vertochain (VERT) Team development
- The Vertochain (VERT) website creation
- The development of the Vertochain (VERT) whitepaper
- Initiation of Vertochain (VERT) project
Phase 2: The Events that will take place in this phase include:
- Conceptual development of the Vertochain (VERT) platform
- The Vertochain (VERT) Community development
- Launch of the VERT token on PancakeSwap
- The initial sale and private fundraising of the VERT tokens
- Incentives for users of the Vertochain (VERT) platform
- Partnership creation
- Code audit, appraisal, and Documentation of the activities performed on the Vertochain (VERT) platform
- End of the VERT token sales
Phase 3: This phase features:
- Certik audit
- The Vertochain (VERT) partnership with Chainlink
- The VERT token listing and launch on the Binance Smart Chain (BSC)
- Staking of the VERT tokens
Phase 4: This phase features:
- The Vertochain (VERT) Multichain development, testing, and launch
Following the Future
Founded as an operating system in 2017 by Justin Sun, Tron (TRX) is an open-source network whose ecosystem’s architecture is based on three layers. These layers are the storage layer where data and information related to the network are securely stored, the application layer where developers and creators utilize the TRX token to create decentralized applications (dApps) on the network, and the core layer where instructions are processed using the Solidity and JavaScript programming languages.
The Tron (TRX) network is secured using a special network protection tool known as the delegated Proof-of-Stake (dPoS) consensus mechanism. This consensus mechanism is more energy-efficient than the Proof-of-Work (PoW) and the regular Proof-of-Stake (PoS) consensus mechanisms. The Tron (TRX) team aims to promote decentralization by eliminating the need for centralized institutions and third-party entities on their platform. This is possible because the Tron (TRX) network serves as a means for content creators and developers to connect and interact with their audience directly. The inexpensiveness of features on the network also allows these content creators and developers to make a lot of passive income as they are not losing money to network fees or middlemen.
TRX, the cryptocurrency token of the Tron network, is an ERC-20 token that has a current circulating supply of 92 billion coins. Users of the Tron network that possess the TRX tokens are given full ownership rights to the content they create.
Old Habits and New Systems
Created by Anatoly Yakovenko an early cryptocurrency adopter in 2017, Solana (SOL) is an open-source, decentralized network of functional nodes that can match the operational performance of a single node. The Solana (SOL) blockchain is focused on creating scalability by prioritizing the creation and development of decentralized applications (dApps) to help it compete with major pioneer blockchain networks like Bitcoin (BTC) and Ethereum (ETH).
The Solana (SOL) network has a special underlying architecture comprising eight core components. These components include;
- The Proof-of-History (PoH) consensus mechanism: This is the special consensus mechanism that secures the Solana (SOL) network. This Proof-of-History (PoH) consensus mechanism works together with the network’s underlying Proof-of-Stake (PoS) consensus mechanism. Although the Proof-of-Stake (PoS) acts to secure the Solana (SOL) network, the Proof-of-History (PoH) consensus mechanism is the main mechanism that is responsible for the major processing of transactions performed on the Solana (SOL) network. The PoH records successful transaction operations and the amount of time that has passed between the processing of these transactions, thereby ensuring the trustless nature of the Solana (SOL) blockchain network.
- The Solana (SOL) Gulf Stream: This Solana (SOL) network component defines the time, and way transactions are exchanged on the network.
- The Solana (SOL) Sealevel: This component is the network’s processing engine that assigns and dictates the order and execution of transactions performed on the Solana (SOL) network.
- The Solana (SOL) Cloudbreak: The Cloudbreak is a memory mechanism utilized to keep track and record participant balances of transactions hosted on the Solana (SOL) network.
- The Solana (SOL) Turbine: This network component defines how individual operational nodes, also known as validators, validate and approve transactions and send and receive blocks on the network.
- The Solana (SOL) Pipeline: The Pipeline component of the Solana (SOL) network’s architecture verifies each part of a transaction performed on the network.
- The Solana (SOL) Archivers: This Solana (SOL) platform component is a network of individual nodes where transaction data is obtained from validators and stored forever on the network.
The Solana (SOL) Network Tokenomics
The Solana (SOL) platform’s operation of transactions is powered by its official native token known as the SOL token. After its launch, the SOL token was distributed as follows:
- 23% of the total token supply was allocated towards the token’s initial seed presale,
- 92% of the total token supply was allocated to a founding sale of the SOL token to the general public,
- 79% of the SOL tokens were distributed among the Solana (SOL) platform’s team members, and
- 46% of the total token supply was allocated to the growth and development of the Solana Foundation.
There are currently 342 million SOL tokens in circulation in the cryptocurrency market.
How to Buy Vertochain (VERT)
To buy the VERT token, you must visit the network’s official website and click on the button that says ‘presale’ to register for the official public presale of the token. After that, you will be required to input your personal information, including your first name, last name, email address, password, active phone number, and country of residence.
The next thing to do is to indicate the number of tokens you want to buy. Purchasing the VERT tokens using Ethereum (ETH) will earn you a 9% bonus. Finally, you must agree to the terms and conditions and create the account.
Presale: https://up.vertochain.io
Website: http://vertochain.io/
Telegram: https://t.me/VertoChainOfficial
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