Introducing Vend Protocol Token — A pioneer technology backbone for the future financial services.

THE VEND OPPORTUNITY

The Internet has transformed how we communicate and purchase goods and services but the existing financial system has hardly changed. We have reached a tipping point for the need for a new, natively digital financial system.

In many countries, financial inclusion is just a term on paper only. Citizens have unequal access to sound money and cross boarder transactions. These barriers are knotted with high fees, delays and fraud.

We want to create financial freedom for every person and businesses. We believe that everyone deserves access to financial services that can help empower them to create a better life for themselves and their families irrespective of their location on the globe. This solution is based on the philosophy of freedom; as such, it will run on a common set of standards that can not be manipulated by any company, country or it’s government.

Our Approach

We are leveraging on the decentralized nature of cryptocurrency to building a financial technology infrastructure that can stand the test of time in providing financial value to the needing populace. We want to make sending and receiving money across the globe as easy as sending an email by creating a false-positive decentralization of FIAT money layered on our native crypto-token (VEND).

The Vend Protocol offers the benefits of swapping your crypto-assets to FIAT at near instant without the need outrageous network fees.This is a new approach to adding value to the crypto-economy and enhance cross boarder transaction for speed, fairness, accessibility and efficiency. With Vend Utility Token, consumer can access all products based on Vend Protocol.

VEND TOKEN

Vend is a utility and governance token for Vend Gateway (a finance technology backbone that will power Vendpay and other financial service in the near future). The initial token type will be BEP-20 based on the Binance Smart Chain. Consumers who holds Vend has voting right to decision making in Vend Gateway and they are the true members who constitute the Vend community (Vendeans).

Token Metrics

i. The total supply will be 200 million $VEND.

ii. 5% — The initial Pancakeswap pool.

iii. 75% — Reserve (utilitarian use, payments under the referral program)

iv. 20% — International expansion, ecosystem development, partnership agreements, attracting new users and international marketing, ambassadors and regional representatives, competition prize fund, bonuses and promotions.

Token Features

i. Custom solidity coded smart contract.

ii. 100% rug-proof and secure token.

iii. Burns on every transaction.

iv. Economic viable with 1000x ROI.

PRODUCTS BASED ON VEND TOKEN

Today’s financial system relies upon a patchwork of intermediaries that spans banks, brokers, clearinghouses, custodians, exchanges, payment processors, and their networks to facilitate money movement, safekeeping, lending, credit, and other capital markets activity bound by legacy infrastructure and processes, the trust and reliance on this complex web of intermediaries imposes limitations on access, efficiency, and cost.

Many companies in the technology and financial technology industries have recognized and attempted to address some of these issues with the current financial system. While these companies offer products and services that incorporate modern user interfaces and technology layers, they are built on top of the same antiquated financial infrastructure, effectively porting the limitations, inefficiencies, and costs of the traditional financial system online. As a result, these solutions do not address the core limitations of the current financial system.

Vend Pay Wallet

Vendpay enable users to send, store, or receive funds without necessity for access to legacy financial infrastructure, such as bank accounts; thereby eliminating redundancy, delays, inefficiency and fraud resulting from multiple intermediaries.

For example; a consumer in the United States can send a remittance payment to family abroad without incurring significant fees nor the required bulky details to complete the transaction in a traditional settings.

Vend Mastercard

With Vend Mastercard user can sends FIAT money via the platform; it converts into Vend and delivered almost instantly, then automatically swapped back to FIAT equivalent value accessible by the the recipient in their wallet; withdrawable anywhere in the world on the ATM via card issued by Vendpay for convenience at ideal interbank exchange rates — no markups.

Decentralized Deposit Bank

We will leverage on the programmability of blockchain and smart contract to build a soft bank that will mimic a traditional deposit bank with the superior model of a decentralized crypto-economy.

Payment Gateway

Vend Gateway will provide developers and businesses access to its solid built payment infrastructure via API for easy integration into their Apps and business solutions. This is another avenue for revenue generation and services for greater good.

Thank You

Come join us and be an engaged member of the Vend community. Help us all build a new way to pay with crypto. Let your voice be heard & earn in the process!

It’s a long journey, but it begins today. Get involved below.

Website: https://vendprotocol.com
Telegram: https://t.me/vendprotocol
Twitter: https://twitter.com/vendprotocol