Introduction
If there is a great and outstanding achievement that has been recorded in this 21st century, it is the invention of the blockchain technology which gave birth to cryptocurrency and decentralized network.
Investing in cryptocurrency has improved the lives of lots of people around the world and this has made some people move from the usage of only conventional currency to embracing cryptocurrency
Cryptocurrency being a digital currency has lots of advantages and as well has few problems that comes with its use such as volatility. Cryptocurrency is unpredictable as the price is not stable, it can raise a person to the peak and as well bring another person down if not well handled.
Here comes the way out
Here comes a great news, here comes a project that has come to proffer solution to the major problems facing Cryptocurrency, the problem of volatility, trust and custodianship
Blockvest
Blockvest is the first Licensed and Registered Cryptocurrency Exchange and Index fund based in the United States of America. Blockvest uses the blockchain technology together with digital identity to digitize assets, the use of smart contracts for digital assets to be self-managed, to achieve a “smart economy” with a distributed network. Blockvest (BLV) is an ERC20 token based upon the Ethereum blockchain.
The issue of volatility is a major problem facing the cryptocurrency industry, Blockvest is set to proffer solution to this problem. This will be done by providing each holders of Blockvest tokens the opportunity to earn a secondary Stablecoin which is denominated in US dollars known as Yield (YLD) This stablecoin will lock the value of one Yield to $1.
Another important and major problem Blockvest is set to solve is the problems of trust of custodianship. The Blockvest platform uses the decentralized asset whose value is derived from the fees that are generated in the network, this serves as the collateral and also the right to receive quarterly earnings from the performance of the Blockchain Investments fund, thus removing the problems of trust and custodianship.
Blockvest Nvestnodes
Blockvest Nvestnodes uses the asset backed profit sharing smart contracts to generate passive income. Blockvest is a decentralized blockchain Based Assets Exchange and a cryptocurrency index fund, which is a closed-cap, tokenized cryptocurrency portfolio that autonomously tracks the top 30 cryptocurrencies, this is called the Blockvest30 Index. The fund provides an easy avenue for investors to buy multiple cryptocurrencies all at once, without doing all the research.
Features of NvestNode wallet
Token Staking
One of the important features of Nvestnodes wallet is that it allows its user to stake their Blockvest token simply by holding at least 1000 BLV token in an Nvestnode wallet and this will begin to generate passive income with quarterly Dividends (Token dividends)
Transparency
All transactions on Blockvest are recorded and stored with the blockchain technology for the purpose of transparency, trust and verifiability. The Nvestnodes also has a very secured wallet that gives no chance to phishing or manipulation from 3rd party. Nvestnodes wallets can as well hold as many assets as possible at the same time. Assets such are Bitcoin, Ethereum, BLV and many others could be held safely on the wallet for either long or short term.
Coin stability
The capitalization of the Blockvest token (BLV) market will continue to increase due to the passive income and stability of the Yield stablecoin (YLD). This will make Blockvest token to become one of the most stable coin on the blockchain platform
Features of the Exchange
Nonstop Trading
The exchange on the blockvest platform would be available all round the clock, 365 days of a year. There would be no issue of break or absence of trading and transaction.
Assets security
All assets on the platform would be in one secured place. This constitute funds that are invested in the top 30 cryptocurrencies. What a very versatile exchange!
Decentralized Exchange
This exchange platform is built on the blockchain so, the decentralized nature of the BLV exchange will provide a secure platform for all cryptocurrencies. Also on the exchange, all transactions are recorded and stored on the blockchain system for transparency and easy tracking.
Token Details
Token Name: Blockvest
Token Symbol: BLV
Token Supply: 100,000,000 BLV
Initial Offering Price: 1 BLV = 1 USD
Currencies Accepted: ETH
Hard cap: 50,000,000 USD
Soft cap: 3,000,000 USD
Token Type: ERC20
For More information
Website: https://blockvestico.io/
White Paper link: https://blockvestico.io/wp-content/uploads/2018/04/Blockvest_Whitepaper_v3.0.pdf
Telegram: https://t.me/blockvest
BountyOx username: Ruth