Dear Bitcoiners, Blockchain enthusiasts and cryptocoin friends,
I want bring to your attention a very bold new step into the crypto currency sphere; Let me introduce you to VIVA;
VIVA is the price stable crypto currency with reliable income features, and was introduced to the world by @williambanks (
https://steemit.com/@williambanks) over the course of several postings.
Part 1 : Introduction to a Price Stable Crypto Currency With Basic Income (
https://steemit.com/vivacoin/@williambanks/introduction-to-viva-a-price-stable-crypto-currency-with-basic-income-that-s-not-hypothetical)
Part 2 : VIVA Components Explained (
https://steemit.com/basicincome/@williambanks/introduction-to-viva-part-2-more-than-meets-the-eye)
Part 3 : VIVA Components Explained - Part 2 (
https://steemit.com/basicincome/@williambanks/introduction-to-viva-part-3-how-does-it-work)
Part 4 : Bootstrapping the VIVA Economy (
https://steemit.com/basicincome/@williambanks/introduction-to-viva-part-4-how-do-you-bootstrap-a-new-economy)
In order to guarantee an income for all participants, the VIVA economy is structured around the interplay of several economic layers.
Three of these layers are crypto currencies that serve specific purposes within the ecosystem.
The fourth is a fiat gateway with debit Mastercard issuing capabilities.We announced in Part 4 that the debit card issuing portion of the fiat gateway is now able to issue MasterCards. This means that today is the start of the live auction for VIVA Crowns, our fundamental base layer.
You can follow up everything on Steemit. Just a couple of hours ago Batch 2 of Round 1 closed at 500$ per Crown.
https://steemit.com/vivacoin/@vivacoin/viva-ico-auction-round-1-batch-2To join and participate in the live auction of batch 3 with 80 Crowns on offer, just signup at www.steemit.com and follow the account https://steemit.com/@vivacoin
Detailed instuctions on how this auction will work will be posted. Expect this to happen tonight or tomorrow, latest though in the next couple of days.
This auction is the first of it's kind in the world. It's going extremely well!
Here are some brief info's about the three economic layers, incase you don't want to click on the links above:
Each coin you buy today gives you a direct say in the day to day operations of the following currencies...
VIVA Crowns : - A deflationary base currency, this currency grants the owner a Treasury Right, which is the right to determine how many VIVA will be minted. You need at least one Crown in order to mint at all. The number of VIVA you can mint is directly proportional to the number of Crowns under your control.
VIVA : - Our flexible economic base layer is intended to remain relatively price stable by increasing or decreasing the supply in response to market conditions. On the VIVA network all transactions are settled in VIVA directly on the VIVA blockchain.
vX : - Market pegged instruments with their peg backed by the network. The X can be whatever the issuing mint decides to peg it to. For example USD would be vUSD. vX pay a variable daily interest rate in order to encourage holding. vX are a business layer coin, meaning that most businesses and transactions will be priced in vX. vX serve to lock away VIVA liquidity from the market until the consumer requires it, thus helping VIVA to maintain weekly pricing and marketcap targets. vX also serves as a hedge during times of volatility.
VIVA - WE COME IN PEACE! Enjoy the ride and visit
www.vivaco.inThanks for your attention.