Vectorium: Birth of CryptoEnergy

Environmental security has been one of the biggest concerns for activists, governments, and members of global crypto-mining community since a few years now. One of such groups is Vectorium which is an eco-conscious blockchain platform registered in Estonia. Vectorium team has formulated really interesting concept of waste to coin which proffers for mining the coins of project called Vectorium Flash from municipal, industrial, and other form of wastes and that at a very special location that they have named as Vectorium Island. Along with this the project offers another cryptocurrency unit named Vectorium Plus and this currency is a convertible coin, which with time will be becoming the basis to receive dividends from the revenue obtained from Vectorium Island’s successful functioning.

Objectives of Vectorium

Vectorium has taken up the mission of producing green & sustainable energy using biomass along with generation of cryptocurrency with the same process. And so as to accomplish this goal, the team has integrated Artificial Intelligence and Blockchain algorithms. Vectorium is envisioning to achieve the following goals in long run.
• Establishment of digital pathway for transferring energy from one terminal to another & logging all the transactions on immutable blockchain that is being internally developed by the company to keep it secure.
• Creation of very eco friendly cryptocurrency mining process from renewable source of energy.
• Facilitation of cryptocurrency-to-energy and energy-to-cryptocurrency exchange process and that too very seamlessly.

Waste to Coin Process

The complete essence of this Waste-to-Coin (WtC) process lies in establishment of worldwide networks of secluded locations that will be equipped specifically to produce green energy from different sources. The project is majorly focused on waste management as per which they will be collecting municipal solid wastes and subsequent processing of this waste will be done which will in return resolve the challenges of uncontrolled emission of toxic landfill gas & overfilled dumpsites.

Along with WtC process implementation, Vectorium Islands or we can say Vectorium Consortiums will be constituting of further energy sources like agricultural residues, wood processing, animal, and industrial wastes processing. All these sources are going to get carefully processed, sublimated & converted to useful energies like electricity, fuel, and gas for the internal combustion engines. The electricity generated from this process will further be used for Vectorium Flash mining.

If we talk about the current status of this project, The Vectorium Island exists in the form of 3D models and the team claims that it will be launched this year. Also, interested parties are filling the applications for Vectorium Consortium.

Vectorium Cryptocurrency

Vectorium has come up with two different cryptocurrencies – Vectorium Flash and Vectorium Plus.

1. Vectorium Flash: Vectorium Flash are the mineable coins based on Zero-Knowledge-Proof protocol, Proof-of-Work algorithm, and are inherent to cryptocurrencies like Zcash, Overwinter and Sapling. The consumption of this technological solution will make the users stand out from big ASIC farms & eliminate the pool hoppers problem. In addition to this Vectorium Flash will be providing eco friendly mining, ultra fast transactions, possibility of converting coins to electricity and the option to do solo mining even in pools.

2. Vectorium Plus: Vectorium Plus is the second cryptocurrency introduced by this project that is based on X13 hashing algorithm and Proof-of-Stake principle. Users holding this currency will be entitled to add-on benefits like Wallet Bonus equivalent to upto 20% of stake interest and acquisition of shares in company once this project becomes a corporate entity. This currency is now available for purchase.

Vectorium has already conducted the pre sales of their crypto and a lot more levels of ICO have already been initiated. If we talk about the numbers, more than $600 thousand has already been gathered which is very close to softcap’s half and on completion of softcap they are going to target on hardcap which is $300 million.

The pre sale price of VCTP was set to $0.7 per token and the project is accepting BTC, ETH, BCH, WAVES, LTC, USDT, ETC, and XRP. The best part about their token sale is that they are imposing no restrictions in regards to the participation. So, if you are reading this article and are interested to get tokens in your wallet, you are free to do so!