VENOTY ICO Review

 Good afternoon, my dear crypto-enthusiasts, and today I want to tell you about the wonderful and promising VENOTY and its advantages.

About VENOTY

Venoty is an application designed for responsible parents who want to educate their children creatively and give them accurate, balanced and well-structured information from birth (or earlier) to young age.

The Venoty platform content has been created by training and IT specialists according to the needs of children. Venoty has also been designed to be the perfect tool to guide children through their personal development. They do most of the burden on parents throughout the developmental age of children.

The aim of this project is to provide children with the resources needed for correct development by compiling information. Organizing and directing the mind to creativity uses different methods of poetry, puzzles, sounds for psychiatric exercises, mathematical activities to interactive oral activities.

Venoty's goal is to create a multicultural platform that is easily accessible to all types of training for users of various ages and countries, based on block chain technology.

VENOTY OBJECTIVES

This platform introduces an online-based environment through blockchain technology. Technically, the blockchain system is a database or media storing distributed data, which is distributed through many computers without any control from the center. This can change the system of government, economics, business and organizational functions. In addition, this platform not only facilitates the process of Bitcoin transactions, but also provides other forms of services and commodities.

Venoty is the first platform that helps develop children’s personalities through creativity where they believe that education is an important factor that determines the characteristics of a child. Venoty created its own currency with the same name digitally where Venoty coins can be used for various purposes related to instant payments to anyone. Venoty is launched using a scrypt algorithm which they believe is the most appropriate algorithm to use today. This algorithm also shows its characteristics that are in line with the objectives to be achieved by this platform. The functions that they offer to users include proof of egalitarian work, enabling payments anonymously, wallets with encryption security, high transaction speeds, convenience for conversion, and efficiency in the coin mining process. 

 What effect does Blockchain application in education bring?

• Blockchain replaces paper: An indispensable advantage of blockchain technology is the replacement of paper documents. School transcripts, certificates, training certificates ... may be lost or faded over time. But when given into the blockchain, information about the student's scores and courses taken will not be lost and cannot be changed or falsified. At the same time, people can easily access this information with the owner's consent. Instead of accumulating papers and certificates in education, people can record information in the blockchain. Since then, employers can easily follow and receive information of candidates.
• Blockchain saves: Of course, diplomas and certificates make up only a negligible part of all the information in the world. But just by replacing this paper, many schools will be able to reduce the cost of printing products. In addition, every year, large organizations and schools spend huge amounts on paper storage. With the blockchain, control and storage of personal data will be transferred to the students themselves, which will help educational institutions. By storing documents reliably, responsibly and granting access at the request of employers and authorities, blockchain will save millions or even billions of dollars and hours of work. Amazing animation.
  Thus, Blockchain has great potential, it increasingly proves its influence on technology changes, new technology trends. Through the internet, blockchain will gain trust from people with far-reaching implications for businesses and people around the world.
  In parallel with the development of Blockchain technology, Venoty builds an online educational environment for children based on Blockchain technology. Ecosystems focus on children's creativity. You can get information on https://ico.venoty.com/

 What a parent (administrator) can do in the Venoty platform:

• Create, edit and manage multiple profiles.
• Manage content by age.
• Report on time spent in application.
• Have parental control.
• Pin password on administrator account.
• Send invitations.
• Access to the Venoty market.
• View balance information.
• Acces history acquisitions.
• Receive notifications.
• Use venoty currency according to your preferences.
• Lock app.

Main features of Venoty platform:

• Venoty address assignment.
• Free app with no advertising.
• Original content.
• Content in several international languages.
• Online child protection system.
• In-app generated venoty reward.
• Weekly family activities suggestions.

 What a child can do in the Venoty platform:

• Access content proposed by the parent.
• Develop general knowledge.
• Develop emotionally.
• Grow imagination and creativity.
• Acquire self-care skills.
• Reach the goals set by parents.
• Spend quality time with parents through suggestions of weekly activities.
• View notifications from parents.

What are Venoty Coins?

Venoty coins are digital currencies that use instant peer-to-peer technology to make instant payments to anyone in the world and work without central authority. Venoty began using coding algorithms, which are currently considered the most appropriate algorithms for project purposes. The Venoty algorithm stands out because its energy efficiency is higher than other algorithms.
Scrypt ensures that almost anyone with a CPU / GPU has the ability to use Venoty, this algorithm holds ASIC and uses Dark Gravity Wave V3. What is Dark Gravity Wave (DGW) is an open source difficulty adjustment algorithm for Bitcoin-based crypto currencies. Evan Duffield wrote DGW in response to the warp opening time in Kimoto's Gravity Well algorithm. DGW is similar to Kimoto Gravity. Using statistical data from the last block found, you can adjust the level of difficulty in each block (not every 2016 block, like Bitcoin). This allows block time to remain consistent despite high fluctuations in hashpower, but may not be damaged by the exception of time intervals.

The advantages of Venoty Coin;

• Equal Evidence of Work Approach
• Anonymous Payments
• Wallet Encryption
• Faster processing
• Measurable structure
• Efficient mining
• ICO Information

Token details

• Token: VNT
• Platform: Scrypt
• Token Type: Utility
• Available for sale: 4,000,000 VNT (80%)
• Pre-sale Time: Mar 05 2019 - 05 Apr 2019
• ICO Time: 05 Apr 2019 - 05 May 2019
• Pre-sale Price: 1 VNT = 0.3 EUR
• ICO Price: 1 VNT = 0.45 EUR
• Accepting: BTC, BCH, LTC, Dash
• Soft cap: 1,000,000 EUR
• Hard cap: 3,000,000 EUR
• Country: Romania

 

VENOTY team

 

ROADMAP

 Q2 2017

Based on our experience with crypto world, mining, exchanging and working with different projects on blockchain, we start developing the idea of a new coin based on scrypt algorithm, witch aims at supporting a platform for child’s development stages. This is the origin of Venoty platform idea. We create the infrastructure to sustain blockchain Venoty platform.

Q4 2017

Development of the concept and business plan. Engaging with advisors and preparing financial, marketing and social research study.

Q2 2018

We start developing the Venoty coin including wallets for linux, windows and macos, pool software, block explorer, paper wallet and begin stress testing.

Q1 2019

We are launching pre-bounty campaign and releasing Venoty white paper. Launching Venoty ICO campaign.The coins will be delivered to the owners at the end of the ICO campaign to prevent mining before the official release

Q2 2019

Releasing the main website, Venoty coin with block explorer,wallets and official pool. Beginning coin distribution. Preparing to open discussion for exchange market and payment gateway.

Q3 2019

Continue developing the Venoty platform and market. Secure the Venoty network by encouraging users to mine and establish their wallets. Upgrade and maintain Venoty core. Develop and release wallets for web and mobile. Continually improve functionality and increase hardware.

Q1 2020

Releasing the Venoty platform and market in closed beta version, and opening registration for 2000 users for testing and debugging. Follow us on telegram channel for upcoming registration for close beta.

Q4 2020

Final release for Venoty platform and market.

Conclusion:
Creative thinking has a great influence on children's thinking and maturity. In order to help children be creative in an optimal way, in addition to nutrition, parents should know how to nurture and encourage their creativity in the most effective way. Coming to Venoty, you will find educational methods that help your child. Investment in education is investment for the future. You do not know how to educate your children? How does your child develop creativity? How does your child develop a natural personality in a balanced way? Let Venoty answer for you!

Thank you for reading my article, for more information please click the link below:
Website: https://ico.venoty.com/
Whitepaper: https://ico.venoty.com/wp-content/uploads/wp/Whitepaper.pdf
Facebook: https://facebook.com/venotycurrency
Twitter: https://twitter.com/venotycurrency
Telegram: https://t.me/venotycurrency
Official ANN Thread: https://bitcointalk.org/index.php?topic=5106507

AUTHORSHIP:

Bitcointalk username: LeoDav

My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2539144

My mail: [email protected]

My etherium address: 0x3D17c00506572Bd93869D7818cE71Ae1822c139E