VIVALID'Every item has Story'

Halo Stemian in here i will give you a presentation about VIVALID project, so this is it

Imagine finding an ancient-looking coin on the beach. You may wonder whether it's worth something, and if so, how to assess its value. You don't know anyone with that kind of expertise, which makes you reluctant to trust the opinion of a random pawn shop owner. Now imagine being at flea market, where you come across a bunch of old books you consider buying.

Every item has its own story, and you can be a part of it.

So, What is VIVALID?

ViValid is a service based on blockchain technology designed to serve as a conduit between individuals seeking information about the potential value of items in hand from experts in corresponding fields.

ViValid serves its purpose for both casual and professional users. Whether you're trying to find out whether your old furniture in storage is worth anything, or you want to confirm that the movie prop in your collection is, in fact, what you expect it to be, ViValid provides you with a realistic and accurate answer.

3 Foundation system of VIVALID

1. Trust then Verify
   ViValid is a technology that allows large masses to interact democratically while remaining independent and decentralized. A solution like that is unique and provides an innovative approach.

2. Do what you can to make life easier
   ViValid shortens the path of entry by integrating a micro-exchange that automatically removes all the inconveniences of dealing with crypto. If you want to put an object up for valuation, just use your PayPal account or credit card, and we'll do the rest for you. Of course, it is an optional function, and users maintain control to buy and use tokens in a traditional way.

3. Reward excellence
   The ViValid service introduces a new form of mining to the cryptocurrency community -- the mining of minds. Every single person has accumulated knowledge that may be in demand on the free market. The ViValid service introduces the opportunity to monetize gained knowledge. Whether assessing the value of collectible items is your full-time job, or you are a passionate amateur, ViValid pays for your expertise. More accurately, you assess the market value of the items in the system, and the higher the tier you work from, the higher your stake. You may hold the tokens as an investment or liquidate them straight away - either way, we're here to help you.

Problem that VIVALID Solved

If you decide to use ViValid service, you need not search for guides, online auctions, experts for your item market price. You can take a few pictures of the item with your mobile phone and, send them to the blockchain-based system for preliminary assessment and validation of potential value.

Benefit of VIVALID

• Trust and Immutability: Computers process the code logic, which guarantees honesty between the owners of assets and the validators. There's no need to trust third parties or ensure that terms of the agreement are being followed. Moreover, it is impossible to change data after the network's confirmation, as the asset data remain in the blockchain, creating its history.
• High-quality data: Blockchain is consistent and widely available so that everyone can use it across the globe.
  Reliability: Blockchain doesn't have a point of failure because the data are spread across multiple networks. The history of assets and assessments remains in blocks.
• Integrity: Smart contracts will be executed as designed in ViValid for every participant of the transaction.
• Transparency: Every contract is traceable and can be reviewed at any time. All parties know exactly what will happen under any given circumstances.
• Lower cost: Limited human interventions reduce costs for online searches and certified appraiser fees.
• Security and Ownership: A fundamental rule of blockchain is that nobody can claim ownership of an asset until the original owner decides to sell it. Once an asset is listed in ViValid’s service, ownership is immutable and cannot be altered or counterfeited. Consumers can verify whether the product listed on the blockchain is authentic or includes attributes such as ownership and assessment history. Moreover, it creates an additional level of security for collectors' communities because all transactions are cryptographically secured to provide integrity.

What makes ViV token necessary?
When registering with the ViValid service, each user is provided with a crypto wallet that can store ViV tokens. Moreover, all transactions are executed with ViV tokens, which are necessary for this ecosystem as a crucial element:

1. The project has a global reach, and users from different parts of the world need not use their own national currencies, eliminating the costs of exchange-rate differences, expensive banking services, and the need for transfers between countries. ViV serves as a universal means of payment within the ViValid service, providing faster transactions and lower service costs. The costs of handling transactions through banks and other payment systems would be disproportionately high for payments received by validators.

2. All transactions are saved in blockchain, and the website’s activity is both transparent and independent, guaranteeing safety for users and operations by basing it on the smart-contract idea. ViV guarantees smooth transactions between all users of the site and independence from other crypto-currencies.

3. By creating a ViV token, we are building a solid and stable brand under the logo of ViValid, which will be associated with the global collector community.

4. Since there is no control over other coins supply, we are unable to match liquidity with transaction demand. The supply of ViV tokens is strictly associated with the service mechanism, revenue for validators, and the service prices for users.

5. The token is necessary for interactions between all participants of the service.

Roadmap

Q3 2017 - Q2 2018

• Preliminary design of PoV protocol
• Token sale

Q3 2018

• ViV live on exchanges
• Early stage of development of PoV
• Functional and technical architecture
• Design of architecture with core components
• Design roll-out strategy for service implementation
• Recruitment for project needs

Q4 2018

• Team Expansion by hiring engineers and support team
• Ongoing development and design of IOS, Android and web application (Alpha)
• Proof of Validation Protocol – first stage of development

Q1 2019 - Q4 2019

• Proof of Validation Protocol – second stage of development
• Ongoing development and design of IOS, Android and web application (Beta)

Q1 2020 - Q3 2020

• Proof of Validation Protocol – final stage of development
• Ongoing development and design of IOS, Android and web application (Beta released to the public)
• Marketing strategy

Q4 2020 - Q2 2021

• Community engagement and workshops
• Official release of the service

Note : This is just my personal research about the project, if you want to know more about them, Please Visit the link in the Description.

Detail Information

Website : https://vivalid.io/
Whitepaper : https://vivalid.io/documents/vivalid-whitepaper.pdf
Telegram : https://t.me/vivalidservice
Twitter: https://twitter.com/ViValidService
ANN Thread : https://bitcointalk.org/index.php?topic=3301707
Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=1640802
0x2f07570FAb3CF47d0d2E0CFD7441CF4Bfe186922
Author : kokowannabe