VertNite
VertNite Token is a decentralized Ethereum-based ERC-20 Token which lays down a foundation of VertcoinNite's own blockchain. We deeply
care about privacy and anonynimity and it is quite clear that most cryptocurrencies are only pseudo-anonymous and quite traceable, this is why we
decided to use CryptoNight algorithm(which is also low power algo) to make a fully private, anonymous and fungible coin which gets an strong
extra layer of protection by having a possibility to mix coins through maximum of 8 to 10 nodes. Instead of having VertCoin's original Max
Supply, we decided to have it Max Supply of 20 million tokens and 40 million coins and the reason for that is to have a even better value coin in
the future. VTN token was launched to help the early stage of this currency by increasing popularity and grow a good and strong community to have
good strong launch of the Coin itself. VTN Token can be swapped for VTCN later on with ratio of 5:1(5 VTN for 1 VTCN) which takes place when
VertcoinNite blockchain gets developed and fully deployed. VertcoinNite will be GPU mineable only and its network will be maintained by masternodes.
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Token information
Standard: ERC20
Name: VertNite
Symbol: VTN
Decimals: 18
Total Supply: 20,000,000
Coin information
Name: VertcoinNite
Algorithm: CryptoNight
Symbol: VTCN
Block Time: 90 Seconds
Block Reward: 10 VTCN (Reward halves every 700,800 blocks (2 years)
Total Supply: 40,000,000
Premine amount to compensate token/coin swap: 10%(4,000,000)
Coin requirement for masternode hosting: 80,000
Roadmap
22.11.2017 Announcement thread. Airdrop round 1
25.11.2017 Airdrop round 2
04.12.2017 VTN trading goes live. Website launch
13.12.2017 Professional Whitepaper
Q1-2018 Media presence and penetration of mainstream media through both advertising and public relations. Development of VTCN Blockchain begins.
Q2-2018 Develop high-quality partners for exchange services, market making, and brokerage to improve market liquidity and access.
Q3-2018 Launch VTCN Blockchain and begin token/coin swapping. Android/iOS wallets. Masternode improvements.
Q4-2018 Various stability and security enhancements.
To be continued...
Token Distribution
Airdrop: 15,000,000 (75%)
Bounty: 4,000,000 (20%)
Development Team: 1,000,000 (5%)
Bounties
For PR and translations, contact by Private Message or Telegram.
Donations
0.001 ETH = 100 VTN
0.01 ETH = 1100 VTN
0.05 ETH = 7500 VTN
0.1 ETH = 20,000 VTN
0.5 ETH = 125,000 VTN
1 ETH = 300,000 VTN
For other currencies and donations greater than 1 ETH, contact via PM here or Telegram DM
3 top donors get an additional 10% bonus.
Donation form:
Note that tokens will be sent to an address where transaction was made.
Airdrop Information
Airdrop takes place in 2 rounds
Double entry for free airdrop is not allowed and doing so results in disqualification.
Requirements for free airdrop
ETHEREUM ADDRESS MUST BE IN YOUR PROFILE LOCATION FIELD.
Your BitcoinTalk rank must be atleast Jr.Member.
1st ROUND ENTRY (5000 participants)
Round 2 starts 25 November(exact time to be announced in the end of Round 1)
NOTE THAT VTN TRANSACTIONS WILL BE LOCKED UNTIL DECEMBER 4
Community.
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Good project, very good name dev, i like it. I hope your project succesfully
