What is VAIOT (VAI) | What is VAIOT token | What is VAI token

In this article, we’ll discuss information about the VAIOT project and VAI token

VAIOT offers a portfolio of blockchain-based AI Assistants for businesses and consumers to provide automated services and transactions. Faster, easier, and affordable

Invest in VAIOT

Regulated, audited, and transparent

VAI Tokens are regulated as Virtual Financial Assets. Our company, the project, and the token offering itself were audited several times, verified and approved by Grant Thornton and Malta Financial Services Authority (MFSA) according to the Virtual Financial Assets Act. We have deliberately opted for a regulated environment to offer our investors the necessary security.

Real use cases for both businesses and consumers

Our Intelligent Virtual Assistants will enable you to buy products and services such as insurance or conclude transactions backed by legal contract via a simple Natural User Interface. Anywhere, anytime. They will serve businesses as innovative service distribution channels and individuals as personal assistants for acquiring services, including legal services and contracts. We currently focus on the insurance and legal sectors. However, the applications are infinite.

Solutions developed with tech giants

We combine AI & Blockchain to create innovative solutions allowing us to take what’s best from both technologies. Our Proof of Concept was done jointly with our partner IBM, based on their battle-tested IBM Watson. It allowed our developers to move swiftly to further stages of the development process and accelerated our path to a market-ready solution.

Software beta released

Based on our joint Proof of Concept project with IBM, we developed the beta version of VAIOT’s AI Assistant that was released for closed testing with community members in Q4 2020. Using the software beta as a reference, we have started offering the product to customers in Europe.

Token utility

We have designed the token economy to enable the token’s natural flow within VAIOT solutions, which is visible in the Payback Program. We also aim to mitigate the risks associated with the price volatility with VAIOT’s Value Assurance System. With VAIOT’s token economy, the end-user doesn’t need to know anything about the underlying technology or tokens to benefit from it while still positively influencing the network.

Strong team & partners

We are the interdisciplinary team of individuals holding professional backgrounds in Blockchain, AI, Software Development, Cryptography, Project Management, Marketing, Sales, and more. Feel free to meet each of us on LinkedIn. We are already working with renowned companies such as IBM, Grant Thornton, and Reblonde. And the list is growing :)

THE VAI TOKEN ECONOMY

An overview of VAIOT’s network incentives and token utility.

VAIOT is a protocol for reliable and legally compliant digital contracting and AI-supported service distribution channels. Its use-cases vary from the creation or purchase of digital insurance contracts to traditional paper-like contracts with smart contract equivalents. Legal compliance is ensured for specific jurisdictions. By combining AI & Blockchain, VAIOT creates IVAs (Intelligent Virtual Assistants) for both consumers and businesses, acting as an interface for products.

We see Blockchain as indispensable for our solutions and their ecosystem. It allows us, among others, to use VAI Token to incentivize potential customers to apply our products.

VAI Token as the first Virtual Financial Asset from Blockchain Island

VAI tokens hold the regulatory status of Virtual Financial Assets (VFAs). It makes VAI Token the first-ever, regulated digital asset in Malta. The so-called Blockchain Island was the first country to implement a comprehensive regulatory framework for ICOs.

Issuers of VFAs, such as VAIOT, are regulated by the Virtual Financial Assets Act (“VFAA”) and must, therefore, adhere to the provisions of Malta’s regulatory framework. On top of that, the VAI Token code was carefully audited by an authorized company (Fact Group).

VAIOT Network

VAIOT starts with the VAI Token based on Ethereum and will eventually be migrated to a proprietary blockchain, based on COSMOS-SDK.

The final Blockchain solution VAIBC, where AI and Blockchain are inseparably linked, involves the concept of AI Agents settled on-chain. It is an instance of a machine learning algorithm fused with blockchain.

VAI Tokens are used for the settlement between these AI Agents & Blockchain and carry data in internal communication. It is a crucial part of the distributed economy.

AI Agents can increase token stakes in the network if performed well, e.g., provide value to the ecosystem/clients or products. They also directly influence the tokens as they take part in the network consensus.

For more on VAIBC technology and its dependencies, see the white paper and the Medium article coming soon.

VAI Token Flow and Utility

The VAI Token is ubiquitous in VAIOT solutions. Acting as a settlement method and incentive for users, it helps to secure network operations as well as acquire services at lower prices. Users can also get rewarded for providing specific data to the platform. Significant token utility will be an essential factor for the strong ecosystem around VAIOT. In the future, its utility will always play an important role in decision making.

Payback Bonus

It’s a loyalty perk in the form of Tokens, granted as a payback bonus after a product or a service is bought by the user via the VAIOT Platform. The bonus is expressed as a fixed-rate (percentage of the value of a given sale). The payback is done by VAIOT, which is buying back a certain number of VAI Tokens from the secondary market. These tokens can be used for further purchases, thus reducing the prices of products and services offered on the VAIOT Platform.

It is a non-inflationary reward system as the value comes from the services being acquired by the users, thus generating additional demand for VAI Tokens on the free market.

Payment for the usage of AI Legal Oracle

A fee is charged for accessing the AI Legal Oracle with requests for legal and contract data (smart contract and traditional contract provisions). Instances of AI algorithms are queried, and after the payment in VAI Tokens is received, it provides the required data. The fees for using the oracle are distributed to both the VAIOT network and the VAIOT company.

Payment method (settlement and transaction fees)

We can distinguish two general methods of proceeding payments in VAIOT: subscriptions and direct payment.

-Direct payment:

• FIAT Payment

There will be adapters allowing payments in supported FIAT currencies. A small part of the payment will be converted into VAI Tokens (bought on the free market) and distributed as an additional reward for the network nodes. This approach allows a fair incentive system for POS consensus participants, rewarding them even if the payment is not finalized with VAI Tokens. It makes it possible to correlate the business performance of the VAIOT Platform with the VAI Token economy.

• VAI TOKEN Payment

Direct VAI Token settlement is supported, and no conversion is required; thus, only a transaction fee is paid. If payment is made in VAI Tokens instead of a FIAT currency, the fee will be reduced to encourage users to buy, keep, and use VAI Tokens as the means of settlement.

• VAIOT Value Assurance System (VVAS)

Since the token value may not be as stable as in the case of FIAT currencies, it can be challenging to determine its purchasing power. VVAS proposes a secure conversion rate based on factors such as the current price of the VAI Token, market situation/sentiment, or the contract settlement duration. VAIOT algorithms calculate the price proposition with the support of AI. When the exchange rate is calculated correctly, the transaction proceeds as agreed, and nodes benefit from the brokerage.

-Subscription:

Bonding System

When tokens are deposited to the Bonding System (locked up), one can access specified Platform functionalities without additional payments (subscription model). As long as the tokens are locked, one can use services without additional fees.

Once the user decides not to use the Bonding System anymore and wishes to release his VAI Tokens, a specific percentage (based on the officially announced deduction table) of the VAI Tokens, which are locked up, will be deducted and moved to the Growth Pool.

This is designed to prevent situations where the user withdraws and deposits the VAI Tokens freely, utilizing VAIOT’s Platform services at no additional fees, without locking VAI Tokens for a reasonable period.

Growth Pool

The growth pool is a wallet address where all the network earnings exceeding the standard transaction fees are stored. It collects additional fees generated by the platform’s services and products and includes:

• Fees generated for processing the payments paid in FIAT instead of VAI Tokens.
• Earnings generated for providing brokerage activities in the VVAS.
• Fees charged while exchanging the tokens granted as a Payback to other currency.

Tokens allocated to the growth pool can be used, for example, as collateral in the value assurance system to secure the agreed exchange rate.

The growth pool wallet itself is also used to secure deposits in the Bonding System.

VAI Tokens from the growth pool may also be additionally distributed in the PoS, after validators approve such decision.

Staking Rewards

By depositing funds, one can set up a network node and get rewarded with VAI Tokens in return. Token staking is required to claim rewards.

The nodes’ rewards are distributed from the given token allocation (25% of the total token supply). Part of the transaction fees and contract deployment fees are a default part of the validator rewards on top of before mentioned allocation.

As the number of tokens designated for staking is finite, nodes can decide to be additionally rewarded with tokens from the Growth Pool.

The bonus granted for providing data

The user can get a bonus in VAI Tokens to support AI algorithms development, such as providing additional data for the AI learning process. Such rewards go to the user’s Payback Bonus Wallet.

Governance

The Governance model allows supporting community proposals if required. Both blockchain node instances controlled by their owners as well as autonomous AI aided node operators can participate in the network governance.

“The combination of all these components is designed to lead to a synergistic result and to create an efficient AI ecosystem based on decentralized structure.” ~Michal Szachno - Lead Blockchain Expert at VAIOT

ERC-777 Token standard

ERC-777 is one of many proposals made by the community in the EIP repository. It represents an evolved token standard, which improved on the flaws of past standards like ERC-20, which is still used by the majority of Ethereum-based projects. It’s fully compatible with the Ethereum network, so it can be sent to any Ethereum address and received if the user owns both the public and private keys (excluding exchanges that might not support the given token or refuse to unlock funds).

The chosen standard puts the VAI Token ahead of the competition, most of which uses the ERC-20 standard.

Advantages of the chosen solution are the following:

• It will prevent the user from sending funds to a non-existing wallet or contract address. They are not lost but can be automatically returned by the Smart Contract.
• Token contracts can be improved afterward by giving the token system additional properties later (e.g., recovery services)

Token summary

• Token Ticker: VAI
• Token Type: ERC777
• Max Token Supply: 400,000,000 VAI

Get involved with VAIOT!

You can get involved in our ecosystem by:

• Participation in the upcoming Public Sale on 8.02.2021
• Participation in the Beta testing of VAIOT Assistant application,
• Providing data on traditional paper-like contracts and get rewarded with VAI Tokens.

How To Stake VAIOT $VAI

To get started with staking go to  https://staking.vaiot.ai/#/ and on the top-right menu select “Connect to a wallet”.

A pop-up will appear, asking you to select the wallet of your choice. In this guide, we will be using MetaMask however, for all mentioned wallets, the further steps are the same.

Fill out your password to complete the connection. If your wallet is successfully connected, you should now be able to see your address in the top-right corner along with the number of $VAI and $ETH in your wallet.

To join in pre-staking, select “Pre-Staking” on the top menu (see image below).

Once you’ve selected “Pre-Staking”, you will have to approve the staking contract, which will pop up before you deposit. Please keep in mind that in order to sign the contract, you will have to pay gas fees. Once you’ve signed, fill out the amount of $VAI that you’d like to deposit. After that, simply select “Deposit”, confirm your transaction. And that’s all folks, you’ve now pre-staked your $VAI.

• ✅ Please do keep in mind that gas fees are currently still paid in $ETH.
• ✅ VAI Token Smart Contract Address: 0x9f801c1f02af03cc240546dadef8e56cd46ea2e9

NOTE: Please make sure that you only use information, links, addresses provided via the official VAIOT channels.

How and Where to Buy VAIOT (VAI)?

VAI token is now live on the Ethereum mainnet. The token address for VAI is 0x9f801c1f02af03cc240546dadef8e56cd46ea2e9. Be cautious not to purchase any other token with a smart contract different from this one (as this can be easily faked). We strongly advise to be vigilant and stay safe throughout the launch. Don’t let the excitement get the best of you.

Just be sure you have enough ETH in your wallet to cover the transaction fees.

You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…

We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.

Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…

☞ SIGN UP ON BINANCE

Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)

Next step

You need a wallet address to Connect to Uniswap Decentralized Exchange, we use Metamask wallet

If you don’t have a Metamask wallet, read this article and follow the steps

☞What is Metamask wallet | How to Create a wallet and Use

Next step

Connect Metamask wallet to Uniswap Decentralized Exchange and Buy VAI token

Contract: 0x9f801c1f02af03cc240546dadef8e56cd46ea2e9

Read more: What is Uniswap | Beginner’s Guide on How to Use Uniswap

The top exchange for trading in VAI token is currently KuCoin, Gate.io, Uniswap (V2), and Bilaxy

Apart from the exchange(s) above, there are a few popular crypto exchanges where they have decent daily trading volumes and a huge user base. This will ensure you will be able to sell your coins at any time and the fees will usually be lower. It is suggested that you also register on these exchanges since once VAI gets listed there it will attract a large amount of trading volumes from the users there, that means you will be having some great trading opportunities!

Top exchanges for token-coin trading. Follow instructions and make unlimited money

☞ https://www.binance.com
 ☞ https://www.bittrex.com
 ☞ https://www.poloniex.com
 ☞ https://www.bitfinex.com
 ☞ https://www.huobi.com

Find more information VAI

☞ Website ☞ Explorer ☞ Explorer 2 ☞ Whitepaper ☞ Source Code ☞ Social Channel ☞ Social Channel 2 ☞ Social Channel 3 ☞ Message Board ☞ Coinmarketcap

🔺DISCLAIMER: The Information in the post isn’t financial advice, is intended FOR GENERAL INFORMATION PURPOSES ONLY. Trading Cryptocurrency is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money.

🔥 If you’re a beginner. I believe the article below will be useful to you

⭐ ⭐ ⭐ What You Should Know Before Investing in Cryptocurrency - For Beginner ⭐ ⭐ ⭐

I hope this post will help you. Don’t forget to leave a like, comment and sharing it with others. Thank you!

#blockchain #bitcoin #vai #vaiot

What is GEEK

Buddha Community

What is VAIOT (VAI) | What is VAIOT token | What is VAI token

In this article, we’ll discuss information about the VAIOT project and VAI token

VAIOT offers a portfolio of blockchain-based AI Assistants for businesses and consumers to provide automated services and transactions. Faster, easier, and affordable

Invest in VAIOT

Regulated, audited, and transparent

VAI Tokens are regulated as Virtual Financial Assets. Our company, the project, and the token offering itself were audited several times, verified and approved by Grant Thornton and Malta Financial Services Authority (MFSA) according to the Virtual Financial Assets Act. We have deliberately opted for a regulated environment to offer our investors the necessary security.

Real use cases for both businesses and consumers

Our Intelligent Virtual Assistants will enable you to buy products and services such as insurance or conclude transactions backed by legal contract via a simple Natural User Interface. Anywhere, anytime. They will serve businesses as innovative service distribution channels and individuals as personal assistants for acquiring services, including legal services and contracts. We currently focus on the insurance and legal sectors. However, the applications are infinite.

Solutions developed with tech giants

We combine AI & Blockchain to create innovative solutions allowing us to take what’s best from both technologies. Our Proof of Concept was done jointly with our partner IBM, based on their battle-tested IBM Watson. It allowed our developers to move swiftly to further stages of the development process and accelerated our path to a market-ready solution.

Software beta released

Based on our joint Proof of Concept project with IBM, we developed the beta version of VAIOT’s AI Assistant that was released for closed testing with community members in Q4 2020. Using the software beta as a reference, we have started offering the product to customers in Europe.

Token utility

We have designed the token economy to enable the token’s natural flow within VAIOT solutions, which is visible in the Payback Program. We also aim to mitigate the risks associated with the price volatility with VAIOT’s Value Assurance System. With VAIOT’s token economy, the end-user doesn’t need to know anything about the underlying technology or tokens to benefit from it while still positively influencing the network.

Strong team & partners

We are the interdisciplinary team of individuals holding professional backgrounds in Blockchain, AI, Software Development, Cryptography, Project Management, Marketing, Sales, and more. Feel free to meet each of us on LinkedIn. We are already working with renowned companies such as IBM, Grant Thornton, and Reblonde. And the list is growing :)

THE VAI TOKEN ECONOMY

An overview of VAIOT’s network incentives and token utility.

VAIOT is a protocol for reliable and legally compliant digital contracting and AI-supported service distribution channels. Its use-cases vary from the creation or purchase of digital insurance contracts to traditional paper-like contracts with smart contract equivalents. Legal compliance is ensured for specific jurisdictions. By combining AI & Blockchain, VAIOT creates IVAs (Intelligent Virtual Assistants) for both consumers and businesses, acting as an interface for products.

We see Blockchain as indispensable for our solutions and their ecosystem. It allows us, among others, to use VAI Token to incentivize potential customers to apply our products.

VAI Token as the first Virtual Financial Asset from Blockchain Island

VAI tokens hold the regulatory status of Virtual Financial Assets (VFAs). It makes VAI Token the first-ever, regulated digital asset in Malta. The so-called Blockchain Island was the first country to implement a comprehensive regulatory framework for ICOs.

Issuers of VFAs, such as VAIOT, are regulated by the Virtual Financial Assets Act (“VFAA”) and must, therefore, adhere to the provisions of Malta’s regulatory framework. On top of that, the VAI Token code was carefully audited by an authorized company (Fact Group).

VAIOT Network

VAIOT starts with the VAI Token based on Ethereum and will eventually be migrated to a proprietary blockchain, based on COSMOS-SDK.

The final Blockchain solution VAIBC, where AI and Blockchain are inseparably linked, involves the concept of AI Agents settled on-chain. It is an instance of a machine learning algorithm fused with blockchain.

VAI Tokens are used for the settlement between these AI Agents & Blockchain and carry data in internal communication. It is a crucial part of the distributed economy.

AI Agents can increase token stakes in the network if performed well, e.g., provide value to the ecosystem/clients or products. They also directly influence the tokens as they take part in the network consensus.

For more on VAIBC technology and its dependencies, see the white paper and the Medium article coming soon.

VAI Token Flow and Utility

The VAI Token is ubiquitous in VAIOT solutions. Acting as a settlement method and incentive for users, it helps to secure network operations as well as acquire services at lower prices. Users can also get rewarded for providing specific data to the platform. Significant token utility will be an essential factor for the strong ecosystem around VAIOT. In the future, its utility will always play an important role in decision making.

Payback Bonus

It’s a loyalty perk in the form of Tokens, granted as a payback bonus after a product or a service is bought by the user via the VAIOT Platform. The bonus is expressed as a fixed-rate (percentage of the value of a given sale). The payback is done by VAIOT, which is buying back a certain number of VAI Tokens from the secondary market. These tokens can be used for further purchases, thus reducing the prices of products and services offered on the VAIOT Platform.

It is a non-inflationary reward system as the value comes from the services being acquired by the users, thus generating additional demand for VAI Tokens on the free market.

Payment for the usage of AI Legal Oracle

A fee is charged for accessing the AI Legal Oracle with requests for legal and contract data (smart contract and traditional contract provisions). Instances of AI algorithms are queried, and after the payment in VAI Tokens is received, it provides the required data. The fees for using the oracle are distributed to both the VAIOT network and the VAIOT company.

Payment method (settlement and transaction fees)

We can distinguish two general methods of proceeding payments in VAIOT: subscriptions and direct payment.

-Direct payment:

• FIAT Payment

There will be adapters allowing payments in supported FIAT currencies. A small part of the payment will be converted into VAI Tokens (bought on the free market) and distributed as an additional reward for the network nodes. This approach allows a fair incentive system for POS consensus participants, rewarding them even if the payment is not finalized with VAI Tokens. It makes it possible to correlate the business performance of the VAIOT Platform with the VAI Token economy.

• VAI TOKEN Payment

Direct VAI Token settlement is supported, and no conversion is required; thus, only a transaction fee is paid. If payment is made in VAI Tokens instead of a FIAT currency, the fee will be reduced to encourage users to buy, keep, and use VAI Tokens as the means of settlement.

• VAIOT Value Assurance System (VVAS)

Since the token value may not be as stable as in the case of FIAT currencies, it can be challenging to determine its purchasing power. VVAS proposes a secure conversion rate based on factors such as the current price of the VAI Token, market situation/sentiment, or the contract settlement duration. VAIOT algorithms calculate the price proposition with the support of AI. When the exchange rate is calculated correctly, the transaction proceeds as agreed, and nodes benefit from the brokerage.

-Subscription:

Bonding System

When tokens are deposited to the Bonding System (locked up), one can access specified Platform functionalities without additional payments (subscription model). As long as the tokens are locked, one can use services without additional fees.

Once the user decides not to use the Bonding System anymore and wishes to release his VAI Tokens, a specific percentage (based on the officially announced deduction table) of the VAI Tokens, which are locked up, will be deducted and moved to the Growth Pool.

This is designed to prevent situations where the user withdraws and deposits the VAI Tokens freely, utilizing VAIOT’s Platform services at no additional fees, without locking VAI Tokens for a reasonable period.

Growth Pool

The growth pool is a wallet address where all the network earnings exceeding the standard transaction fees are stored. It collects additional fees generated by the platform’s services and products and includes:

• Fees generated for processing the payments paid in FIAT instead of VAI Tokens.
• Earnings generated for providing brokerage activities in the VVAS.
• Fees charged while exchanging the tokens granted as a Payback to other currency.

Tokens allocated to the growth pool can be used, for example, as collateral in the value assurance system to secure the agreed exchange rate.

The growth pool wallet itself is also used to secure deposits in the Bonding System.

VAI Tokens from the growth pool may also be additionally distributed in the PoS, after validators approve such decision.

Staking Rewards

By depositing funds, one can set up a network node and get rewarded with VAI Tokens in return. Token staking is required to claim rewards.

The nodes’ rewards are distributed from the given token allocation (25% of the total token supply). Part of the transaction fees and contract deployment fees are a default part of the validator rewards on top of before mentioned allocation.

As the number of tokens designated for staking is finite, nodes can decide to be additionally rewarded with tokens from the Growth Pool.

The bonus granted for providing data

The user can get a bonus in VAI Tokens to support AI algorithms development, such as providing additional data for the AI learning process. Such rewards go to the user’s Payback Bonus Wallet.

Governance

The Governance model allows supporting community proposals if required. Both blockchain node instances controlled by their owners as well as autonomous AI aided node operators can participate in the network governance.

“The combination of all these components is designed to lead to a synergistic result and to create an efficient AI ecosystem based on decentralized structure.” ~Michal Szachno - Lead Blockchain Expert at VAIOT

ERC-777 Token standard

ERC-777 is one of many proposals made by the community in the EIP repository. It represents an evolved token standard, which improved on the flaws of past standards like ERC-20, which is still used by the majority of Ethereum-based projects. It’s fully compatible with the Ethereum network, so it can be sent to any Ethereum address and received if the user owns both the public and private keys (excluding exchanges that might not support the given token or refuse to unlock funds).

The chosen standard puts the VAI Token ahead of the competition, most of which uses the ERC-20 standard.

Advantages of the chosen solution are the following:

• It will prevent the user from sending funds to a non-existing wallet or contract address. They are not lost but can be automatically returned by the Smart Contract.
• Token contracts can be improved afterward by giving the token system additional properties later (e.g., recovery services)

Token summary

• Token Ticker: VAI
• Token Type: ERC777
• Max Token Supply: 400,000,000 VAI

Get involved with VAIOT!

You can get involved in our ecosystem by:

• Participation in the upcoming Public Sale on 8.02.2021
• Participation in the Beta testing of VAIOT Assistant application,
• Providing data on traditional paper-like contracts and get rewarded with VAI Tokens.

How To Stake VAIOT $VAI

To get started with staking go to  https://staking.vaiot.ai/#/ and on the top-right menu select “Connect to a wallet”.

A pop-up will appear, asking you to select the wallet of your choice. In this guide, we will be using MetaMask however, for all mentioned wallets, the further steps are the same.

Fill out your password to complete the connection. If your wallet is successfully connected, you should now be able to see your address in the top-right corner along with the number of $VAI and $ETH in your wallet.

To join in pre-staking, select “Pre-Staking” on the top menu (see image below).

Once you’ve selected “Pre-Staking”, you will have to approve the staking contract, which will pop up before you deposit. Please keep in mind that in order to sign the contract, you will have to pay gas fees. Once you’ve signed, fill out the amount of $VAI that you’d like to deposit. After that, simply select “Deposit”, confirm your transaction. And that’s all folks, you’ve now pre-staked your $VAI.

• ✅ Please do keep in mind that gas fees are currently still paid in $ETH.
• ✅ VAI Token Smart Contract Address: 0x9f801c1f02af03cc240546dadef8e56cd46ea2e9

NOTE: Please make sure that you only use information, links, addresses provided via the official VAIOT channels.

How and Where to Buy VAIOT (VAI)?

VAI token is now live on the Ethereum mainnet. The token address for VAI is 0x9f801c1f02af03cc240546dadef8e56cd46ea2e9. Be cautious not to purchase any other token with a smart contract different from this one (as this can be easily faked). We strongly advise to be vigilant and stay safe throughout the launch. Don’t let the excitement get the best of you.

Just be sure you have enough ETH in your wallet to cover the transaction fees.

You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…

We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.

Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…

☞ SIGN UP ON BINANCE

Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)

Next step

You need a wallet address to Connect to Uniswap Decentralized Exchange, we use Metamask wallet

If you don’t have a Metamask wallet, read this article and follow the steps

☞What is Metamask wallet | How to Create a wallet and Use

Next step

Connect Metamask wallet to Uniswap Decentralized Exchange and Buy VAI token

Contract: 0x9f801c1f02af03cc240546dadef8e56cd46ea2e9

Read more: What is Uniswap | Beginner’s Guide on How to Use Uniswap

The top exchange for trading in VAI token is currently KuCoin, Gate.io, Uniswap (V2), and Bilaxy

Apart from the exchange(s) above, there are a few popular crypto exchanges where they have decent daily trading volumes and a huge user base. This will ensure you will be able to sell your coins at any time and the fees will usually be lower. It is suggested that you also register on these exchanges since once VAI gets listed there it will attract a large amount of trading volumes from the users there, that means you will be having some great trading opportunities!

Top exchanges for token-coin trading. Follow instructions and make unlimited money

☞ https://www.binance.com
 ☞ https://www.bittrex.com
 ☞ https://www.poloniex.com
 ☞ https://www.bitfinex.com
 ☞ https://www.huobi.com

Find more information VAI

☞ Website ☞ Explorer ☞ Explorer 2 ☞ Whitepaper ☞ Source Code ☞ Social Channel ☞ Social Channel 2 ☞ Social Channel 3 ☞ Message Board ☞ Coinmarketcap

🔺DISCLAIMER: The Information in the post isn’t financial advice, is intended FOR GENERAL INFORMATION PURPOSES ONLY. Trading Cryptocurrency is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money.

🔥 If you’re a beginner. I believe the article below will be useful to you

⭐ ⭐ ⭐ What You Should Know Before Investing in Cryptocurrency - For Beginner ⭐ ⭐ ⭐

I hope this post will help you. Don’t forget to leave a like, comment and sharing it with others. Thank you!

#blockchain #bitcoin #vai #vaiot

SafeMoon Clone | Create A DeFi Token Like SafeMoon | DeFi token like SafeMoon

SafeMoon is a decentralized finance (DeFi) token. This token consists of RFI tokenomics and auto-liquidity generating protocol. A DeFi token like SafeMoon has reached the mainstream standards under the Binance Smart Chain. Its success and popularity have been immense, thus, making the majority of the business firms adopt this style of cryptocurrency as an alternative.

A DeFi token like SafeMoon is almost similar to the other crypto-token, but the only difference being that it charges a 10% transaction fee from the users who sell their tokens, in which 5% of the fee is distributed to the remaining SafeMoon owners. This feature rewards the owners for holding onto their tokens.

Read More @ https://bit.ly/3oFbJoJ

#create a defi token like safemoon #defi token like safemoon #safemoon token #safemoon token clone #defi token

SafeMoon Clone | SafeMoon Token Clone | SafeMoon Token Clone Development

The SafeMoon Token Clone Development is the new trendsetter in the digital world that brought significant changes to benefit the growth of investors’ business in a short period. The SafeMoon token clone is the most widely discussed topic among global users for its value soaring high in the marketplace. The SafeMoon token development is a combination of RFI tokenomics and the auto-liquidity generating process. The SafeMoon token is a replica of decentralized finance (DeFi) tokens that are highly scalable and implemented with tamper-proof security.

The SafeMoon tokens execute efficient functionalities like RFI Static Rewards, Automated Liquidity Provisions, and Automatic Token Burns. The SafeMoon token is considered the most advanced stable coin in the crypto market. It gained global audience attention for managing the stability of asset value without any fluctuations in the marketplace. The SafeMoon token clone is completely decentralized that eliminates the need for intermediaries and benefits the users with less transaction fee and wait time to overtake the traditional banking process.

Reasons to invest in SafeMoon Token Clone :

• The SafeMoon token clone benefits the investors with Automated Liquidity Pool as a unique feature since it adds more revenue for their business growth in less time. The traders can experience instant trade round the clock for reaping profits with less investment towards the SafeMoon token.
• It is integrated with high-end security protocols like two-factor authentication and signature process to prevent various hacks and vulnerable activities. The Smart Contract system in SafeMoon token development manages the overall operation of transactions without any delay,
• The users can obtain a reward amount based on the volume of SafeMoon tokens traded in the marketplace. The efficient trading mechanism allows the users to trade the SafeMoon tokens at the best price for farming. The user can earn higher rewards based on the staking volume of tokens by users in the trade market.
• It allows the token holders to gain complete ownership over their SafeMoon tokens after purchasing from DeFi exchanges. The SafeMoon community governs the token distribution, price fluctuations, staking, and every other token activity. The community boosts the value of SafeMoon tokens.
• The Automated Burning tokens result in the community no longer having control over the SafeMoon tokens. Instead, the community can control the burn of the tokens efficiently for promoting its value in the marketplace. The transaction of SafeMoon tokens on the blockchain platform is fast, safe, and secure.

The SafeMoon Token Clone Development is a promising future for upcoming investors and startups to increase their business revenue in less time. The SafeMoon token clone has great demand in the real world among millions of users for its value in the market. Investors can contact leading Infinite Block Tech to gain proper assistance in developing a world-class SafeMoon token clone that increases the business growth in less time.

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Embrace the growth of DeFi Token Development Like SafeMoon in real-world

“The DeFi token development like SafeMoon was initially launched in March 2021 and created huge hype among global users. It is noted that more than 2 million holders have adopted this SafeMoon token in recent times after its launch in the market. The DeFi token like SafeMoon has hit the market cap for about $2.5 billion. This digital currency has experienced a steady increase in its price value to top the crypto list in the trade market. The future of cryptocurrency is expanding wide opportunities for upcoming investors and startups to make their investments worthy.”

The SafeMoon like token development is becoming more popular in the real world, making investors go crazy over these digital currencies since their value is soaring high in the marketplace. The DeFi like SafeMoon token has grabbed users attention in less time when compared to other crypto tokens in the market. The SafeMoon like token exists on the blockchain for the long run and does not rely on any intermediaries like financial institutions or exchanges. It has a peer-to-peer (P2P) network that benefits global users from experiencing fast and secure transactions.

What is SafeMoon?

SafeMoon is considered a decentralized finance (DeFi) token with great demand and value in the crypto market. It is mainly known for its functionalities like Reflection, LP Acquisition and burning. The DeFi token like SafeMoon functions exactly like tokenomics of the reflected finance, and it is operated through the Binance Smart Chain framework. It is a combination of liquidity generating protocol and RFI tokenomics in the blockchain platform. The launch of the SafeMoon token eliminates the need for central authority like banks or governments to benefit the users with secure processing at high speed without any interruption.

SafeMoon Tokenomics :

The SafeMoon tokenomics describes the economic status of the crypto tokens and has a more sound monetary policy than other competitors in the market. However, it is figured that investment towards DeFi like SafeMoon tokens has a higher potential for returns to benefit the investors in future and the risk associated with it is less. The total supply of SafeMoon tokens is estimated at 1,000,000,000,000,000, and 600,000,000,000 of these tokens are still in circulation. Burned Dev tokens supply is calculated as 223,000,000,000,000, and the shorthand is 223 Trillion. The Fair launch supply is closed around 777,000,000,000,000, and it is circulated for about 777 Trillion.

SafeMoon Specification :

The SafeMoon like DeFi token development is currently the fast-moving cryptos and struck the market cap for about $2,965,367,638. The SafeMoon token price value is found to be $0.000005065 that lured a wide range of audience attention in a short period. The total supply of tokens in the present is one quadrillion tokens.

SafeMoon Protocol :

The SafeMoon Protocol is considered as community-driven DeFi token that focuses on reflection, LP acquisition, and burn in each trade where the transaction is taxed into 5% fee redistributed to all existing holders, 5% fee is split into 50/50 where the half is sold by the contract into BNB and another half of SafeMoon tokens pairs with BNB and added as liquidity pair on PancakeSwap.

Safety: A step by step plan for ensuring 100% safety.

• Dev burned all tokens in the wallet before the launch.
• Fair launch on DxSale.
• LP locked on DxLocker for four years
• LP generated with every trade and locked on Pancake

Why is there a need for reflection & static?

The reflect mechanism effectively allows token holders to hang on their tokens based on percentages carried out and relying upon total tokens held by owners. The static rewards play a significant role in solving a host of problems to benefit the investors with profits based on the volume of tokens being traded in the market. This mechanism focuses on satisfying the early adopters selling their tokens after farming high APYs.

What is the role of Manual Burns?

The manual burns do matter at times, and sometimes they don’t. The continuous burn on any protocol is efficient for a shorter period, which means there is no possibility of controlling it in any way. It is necessary to have the SafeMoon like token burns controlled and promoted for further achievements over community rewards. It is possible that even manual burns and the amounts to be tracked down easily and advertised. The burn strategy of DeFi like SafeMoon token, is beneficial and rewarding for users engaged over the long term.

How efficient is Automatic Liquidity Pool (LP)?

The SafeMoon protocol ensures to take the assets automatically from token holders and locks them for liquidity. The main intention is to keep the holder in touch with the performance of the SafeMoon token by preventing the dips from whales when they are adopted for the mass trade-off.
The DeFi like SafeMoon token, has great price value in the trade market with fewer fluctuations.

Attractive features present in DeFi like SafeMoon token platform :

• Stable Rewards
• Manual Burning
• LP Acquisition
• Community Governed Tokens
• RFI Staking Rewards
• Automated Liquidity Pool
• Automated Market Making

What are the benefits offered in SafeMoon like Token Development?

• The SafeMoon like token development maintains high transparency over user transaction details to gain their trust.
• It eliminates the need for intermediaries in DeFi token like SafeMoon platform to benefit the users with less gas fee, wait time and faster transaction speed.
• The DeFi token development like SafeMoon supports borderless transactions for users to transfer funds from anywhere and anytime.
• It benefits the token holders from gaining exclusive ownership rights over their purchased DeFi like SafeMoon tokens from the marketplace.
• The smart contracts present in DeFi like SafeMoon token platform manages to operate the overall flow of transactions without any delay.
• Investors can generate immediate liquidity from DeFi like SafeMoon tokens to increase their business revenue in a short period.

Summing Up :

The DeFi token development like SafeMoon is the next game-changer for the upcoming generation to explore the benefits for their business growth. The investments towards DeFi like SafeMoon token has excellent value in the long run that benefits the investors with high returns. It is highly efficient for trade, buy/sell and transaction. Investors can connect with any reputed blockchain company with professional experience developing a world-class DeFi like SafeMoon token platform with high-end features cost-effectively.

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