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Valyuta

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Valyuta ICO – Liquidity Stable cryptocurrency backed by gold

The cryptocurrency market is an exciting mystery! Despite the mounting buzz, the growth of the cryptocurrency reception has declined since its inception. As with our competitors, it is largely due to unnecessary fees and high volatility. The lack of regulation is another important aspect that prevents the business environment from accepting digital currencies. There is a floating idea that people will not use cryptocurrency because its price is too untenable and unpredictable. With Valyuta, that will not be true anymore. The digital currency market is still small. And the Blockchain is here to stay. We need a permanent solution to resolve the issue of low volumes, high volatility and digital currency security. That is why we created the Valyuta token. Our Valyuta token is a digital asset backed by Gold. Each Valyuta coin is backed by one gram of physical gold which in turn offers a stable floor price. With this fundamental feature of Valyuta, we have pooled the best of the old world (gold) with features of the new world (Digital currency). Valyuta is an asset that increases in value and rewards the members of the Valyuta community with its transaction fee. Using an 80% portion of the small transaction fee of one percent, more gold is purchased for the backup store of Valyuta. The token increasingly becomes more valuable with each transaction. While creating Valyuta, we also considered the environment. We desired to be as eco-friendly as possible, that is why we selected the Proof of Stake (PoS) Blockchain technology. With being energy saving, it merely takes a few seconds to carry each transaction. The ICOof emitted Valyuta coins is 14,700,000. This number is completely independent of Bitcoin. To sum up, unlike our competitors on the market, Valyuta does not rely on Bitcoin to assess its value. We aim to build trust with our users, by storing their value safely. We will be transparent with our principal gold holdings, and conclusively prove that the holdings are absolute to the coins we issue. We will initiate a variety of applications, payments systems, and authenticate numerous partnerships with exchanges all over the world to ensure that our token will get a rapid adoption as a usage currency. We have also worked on the scalability of Valyuta. After the end of the ICO the Valyuta tokens can be bought, sold and traded at any major Cryptocurrency exchange and trading platform available. We expect the volume of the Tokens to reach a minimum of $200M in the first quarter. The listing on major exchanges and availability will increase the liquidity resulting in the increase in value of the coin. The Valyuta ICO will be carried out in over 100 countries. This will ensure that the coin will have more liquidity. These tokens will be listed on all major exchanges such as Kraken, Bitfinex, Poloniex, and Bittrex among others. Most crucially, the coin will be easily convertible into multiple currencies which will make it adoptability easier. For all the reasons above, we have founded Valyuta. We have got a great team, a terrific product, and a big vision plan to revolutionize the entire cryptocurrency sector. Our target is to pack gold $1000 in 5 years. The value of Valyuta will increase 3000-5000% in the coming 5 years of operation. Come to invest with us in a much more reliable and secure digital world!
General
Website: Visit
White paper: Read
Bounty: Bounty
Pre-sale Time: 1 Oct, 2018 - 4 Oct, 2018
ICO Time: 5 Oct, 2018 - 5 Jan, 2019
Whitelist/KYC: Kyc
Country: Russia
Token Info
Ticker: VLT
Token type: ERC20
Available for sale: 14,700,000 VLT (70%)
Financial
Pre-sale Price: One Gram Gold
ICO Price: One Gram Gold
Soft cap: 5,320,000 USD
Hard cap: 29,260,000 USD
Social Media

Valyuta a gold backed crypto currency is designed on a robust revenue and investment model. This makes the coin more desirable to avail and invest. As every completed transaction is charged with a small fee not exceeding the range of 1% to a maximum of $10. 80% of this fee is further on accumulated to the designated amount in order to re-invest and add more gold to the already existing gold in the reserve thus, making each coin gain its value on a continuous mode. Valyuta currently is valued at the Current Price of 1 gm of Gold (Approx. $40). The total count of Valyuta is 21 Million Coins which will be sold during the VLT period which will be live for three months. The physical gold is essential as Valyuta is a gold backed currency and its value is only as valid as the amount of physical gold in the reserve. Valyuta is a gold backed crypto currency. The value of the physical gold in the reserve is directly proportionated to track the performance of the coin in the market


Many argue that putting trust into a system that has no name or face hinder the acceptance of cryptocurrencies. The major and primary challenge to the adoption of Blockchain technology is the issues to do with regulation. This has hindered the widespread use of Bitcoin globally where the technology has largely been used in highly developed countries. Also, the increasing fees of cryptocurrencies such as Bitcoin have hindered its adoption in some sectors because of instability in price and high transaction fees.
Valyuta’s goal is to solve this issue by utilizing the Blockchain technology to create a completely new type of Cryptocurrency backed by Gold. The aim of this currency will be the fact that each coin is backed by one gram of gold at the initial launch.

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