The Vantage Network Token

in #token6 years ago (edited)

IMG_9619.PNGIMG_9632.JPGThe Vantage Network is a Contribution Tracking Platform that enables donors to see exactly how the money they contribute to a fundraising campaign is spent, down to the transaction level. This level of visibility engenders donor con dence, building trust in nonpro ts and ultimately yielding more money raised to help people in need.

Vantage Tokens (XVT) are a key component of the Vantage Network. A small percentage of every donation made via the Vantage Network is converted into XVT, which is utilized inside the platform to track how fundraising organizations spend the donations they receive.

The company even states that nonprofits are just the beginning because the platform will be easily scalable and can be used in other types of companies in the future, like venture capital firms, political campaigns and educational fundraisers.

Vantage Network (Blockchain)

The Vantage Network will leverage a Public/Private NEM blockchain solution: the Public Blockchain for transacting XVT Tokens and the Private Blockchain for recording and tracking the use of funds (NEM Technology, n.d.). The Vantage Network will interface with the Digital Asset Management Platform via the Vantage Network API to leverage certain third party decentralized technologies, e.g., IPFS for storage of files, images, documents.

HOW VANTAGE TOKEN WORKS

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TOKEN USE CASES

  • The Vantage Token is used for:

  • Recording charitable donations.

  • Tracking the amounts donated to each nonprofit.

  • Tracking disbursements from a nonprofit for goods and services.

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The Vantage Token will be used by XVT holders to:

  • Donate directly to charities with XVT (Q4-2019)

  • Review and promote their favorite non-profits inside the Vantage Portal.

  • Set up a Vantage Donation Point and raise funds using the Vantage Network once it is open to other fundraising entities than Non-Profits (Q1-2020)

  • Vote directly on Vantage Verified ICOs in a ranking system designed to support a community driven feedback model once ICO regulation phase is implemented (Q2-2020) .

  • Donate directly to Vantage Verified ICOs with XVT (Q2-2020)

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Token Details.

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  • Token : Vantage

  • TICKER :- XVT

  • PLATFORM :- NEM

  • Type : Utility-token

  • Token Standard :ERC-20

  • Accepting Currencies :- ETH, BTC

  • Token price in ETH: 1 Token = 0.000500 ETH

  • Public Sale Price: 1 ETH = 2000 XVT

  • Tokens available for private sale: 40,000,000 XVT

  • Tokens available for public sale: 70,000,000 XVT

  • Bonus Program:

  • 20% Week 1 (Aug 1 - Aug 7)

  • 10% Week 2 (Aug 8 - Aug 14)

  • 5% Week 3 (Aug 15 - Aug 21)

  • HARD CAP :- 35,000 ETH

  • TOTAL TOKENS :- 200,000,000

  • KYC REQUIRED :- YES

  • COUNTRY :- CAYMAN ISLANDS

Token distribution

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  • 55% -Token Crowd-sale

  • 20% - Vantage Network Reserve

  • 15% - Vantage Team

  • 10% - Vantage Advisors and Partners

Funds allocation

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  • 45% - Platform Development

  • 25% - Sales and Marketing

  • 15% - Operational Expenses

  • 10% - Legal and Accounting Expenses

  • 5% - Cash Reserve

Road map of the "Vantage Network "

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Team Members

People behind Vantage Network
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  • DAVID DRAKE -Advisor, FOUNDER AND CHAIRMAN, LDJ CAPITAL INC. (NEW YORK)
    LinkedIn : https://www.linkedin.com/in/ldjcapital/

  • WILLIAM ‘BILL’ DAVIS III - Advisor, FORMER PWC & CEO DAOPAY, DIRECTOR OF TECHNOLOGY (NEW YORK)
    LinkedIn : https://www.linkedin.com/in/bkmassive/

  • LEON KPOYT :Advisor, CHAIRMAN, RCM TECHNOLOGIES INC (PHILADELPHIA & NYC)

  • ALLAN YOUNG - Advisor, FOUNDER, TOPLINE AND RUNWAY INCUBATOR (SAN FRANCISCO, RICHMOND CA)

  • KEITH KAPLAN - Advisor, TESLA FOUNDATION - FOUNDER CYBERSECURITY, DRONES, ROBOTICS & ARTIFICIAL INTELLIGENCE EDUCATION (LOS ANGELES)

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To learn more about the " Vantage Network " project,

Website - https://vantage.network/?utm_source=%7https://steemit.com/token/@ship1/5mpci7-the-vantage-network-token%7D&utm_medium=article&utm_campaign=bounty

White Paper - https://vantage.network/wp-content/uploads/2018/05/VantageWhitepaper_05242018.pdf

Telegram - https://t.me/vantageofficial

Twitter - https://twitter.com/vantagetoken

Facebook - http://www.facebook.com/vantagetoken/

BitcoinTalk - https://bitcointalk.org/index.php?topic=4456642.msg39924209#msg39924209

Medium - https://medium.com/vantagetoken

LinkedIn - https://www.linkedin.com/company/vantagetoken

BOUNTYOx User name - Sun12

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