VANTA: REAL-TIME DATA TRANSMISSION ON BLOCKCHAIN
The greatness of the blockchain technology cannot be over emphasized because of its unique features which when introduced to any network makes it transparent, secure and reliable. Blockchain and Smart Contracts open numerous ways to new decentralized ventures and take away the requirement for costly middleman. Numerous new organizations are currently taking a shot at this innovation, and extensive organizations are trying it in networks to team up specifically with one another without the requirement for third-party trust executor.
In this article, we would be taking a look at the reason why the project is needed and the team behind this wonderful development. But before we proceed, let discuss in brief what VANTA project entails.
VANTA is looking to build an intelligent network for real-time networking, which enables individuals and companies to quickly develop services that can efficiently transmit and process real-time data, as well as commercialize the services at low cost without additional infrastructure. As a result, creative services will be provided and integrated within the VANTA ecosystem, and VANTA blockchain will be a practical blockchain that will greatly contribute to improving the daily lives of individuals and operations of enterprise businesses.
The VANTA Network is a decentralized and permissionless Community That ensures real-time, secure and personal connectivity. Through the VANTA Network, both individuals and corporations will have the ability to come up with real-time information transmission services and commercialize these services at reduced costs. Even the VANTA Network will gradually aim to permit unlimited connectivity among all devices regardless of location.
The VANTA Network’s goal is to allow individuals to produce Decentralized networks which execute real-time data transmissions in addition to process and save that data by selecting smart peers, cooperating, and evaluating each other using the VANTA Network protocol along with the consensus algorithm.
VANTA aims to be the World’s first decentralized network that enables fast and low cost development and operation of scalable services that provide infinite connectivity.The platform is an intelligent network for real-time networking, which enables to develop services that can efficiently transmit and process real-time data
In VANTA, participating nodes will compete to contribute to connect, transmit and process data in real-time on the network, which will provide a low-cost and highly available intelligent network. By combining this competitive system with verifiable randomness, VANTA will feature a consensus algorithm that will increase scalability and efficiency.
Token briefing
VANTA's First Token Sale Event on #Cashierest Exchange has sold out early!
A total of 1,299,983,670 VNT were sold at a value of approximately $1.2 mil USD
Tokenomics is solid and reasonable.
Hardcap: $15M for 35% of tokens:
Private sale bonus of 15% is locked for two months.
50% of purchased tokens will have no lock-up, the remaining 50% of purchased tokens will be subject for a one-month lock-up.
10% of tokens that are allocated to the Team and Founders are locked for 2 years.
The 5% of Advisor and Early Supporter tokens are locked for 1 year.
Team
More details about the project:
Website: https://vanta.network/
Whitepaper: https://vanta.network/doc/VANTA_White_Paper.pdf
Bitcointalk ANN thread: https://bitcointalk.org/index.php?topic=5095100
Facebook: https://www.facebook.com/vantanetwork/
Twitter: https://twitter.com/vantanetwork
Medium: https://medium.com/vantanetwork
Linkedin: https://www.linkedin.com/company/vantanetwork
Reddit: https://www.reddit.com/r/vantanetwork/
Telegram: https://t.me/vantanetwork
Btt username: Chidfranco
Btt profile: https://bitcointalk.org/index.php?action=profile;u=2117147;sa=forumProfile
Eth Address: 0x216CB84Fea07eB219c27AE40d7049Fd627344aBC