What is the Vanilla Network?We are a deflationary ERC-20 token, like many other tokens created. We also offer a staking platform, which again, albeit lucrative in nature this isn’t a new concept. Many of these platforms simply believe generating a token scarce in supply and is anti-inflationary in nature; produces an immediate return on investment to investors. This is simply not true.
Fundamental economics relies on two forces to produce an equilibrium price, being demand and supply. This is where we differ from other platforms; our focus is on generating demand. Fundamental economics relies on two forces to produce an equilibrium price, being demand and supply. We will be releasing on a periodic basis revolutionary staking and betting dApps that can be used and will appeal to all therefore, generating consumer demand.
At the heart of this is the “community fund” also known as the DAO, decentralized autonomous organization in computer programming. This fund will self-cycle, being funded and replenished by wins and losses in our betting dApps. This is much like the ‘house’ in a casino however; all of these funds belong to the community and not the owners of the casino.
Ultimately, we’re decentralizing the betting exchange platform! There should be no losers, all margins are returned to holders of the Vanilla token if they continue to stake.
What betting dApps will be ‘Revolutionary’?Firstly, our Vanilla Option staking pool is simple to understand but extremely effective. All stakeholders in this option will routinely receive rewards based on transactions in the ecosystem. This equates to a huge 2.5% per transaction (the token burns at 5% per transaction, meaning 50% is returned to stakeholders with 2.5% of supply burned from the entire ecosystem).
In order to generate transactional demand, will be our betting dApps.
(1) Head to Head bets. Community members can initiate a specific event (such as LA Lakers vs. Miami Heat, in the NBA) which will generate a smart contract to allow participants to choose a particular outcome. Based on the level engagement the odds will auto generate. The winner will then be approved, and receive tokens in line with the final outcome.
(2) Double of nothing rewards. Never done before in the Blockchain, we will allow users to attempt to double their rewards by using randomization on the Blockchain. A user does not have to participate in this option, but free tokens making more free tokens is an opportunity that does not come by on a daily basis.
(3) Blackjack, community poker, lotto and many more! We will continue to build and bring these crowd pleasers to the Blockchain.
TokenomicsName : Vanilla Network
Ticker : VANILLA
Max Supply: 1,000,000 burns to 100,000 VANILLA
Burn per transaction : 5%
Rewards per transaction returned to stakeholders: 2.5%
Social MediaTwitterhttps://twitter.com/vanillanetwork1/TelegramVANILLA NETWORK COMMUNITY :
https://t.me/vanillafinanceVANILLA NETWORK ANNOUNCEMENTS :
https://t.me/vanillanetworkannouncementWebsiteLINK :
https://vanilla.networkWhere to Buy?Currently in final round presale; ends 7th November 00.01 UTC.
1 ETH:1,000 VANILLA (250 ETH Hard-cap)
Available to purchase in presale via the website (
https://vanilla.network), to be listed on Uniswap with locked liquidity in November.
Achievements:• Soft cap achieved within 24 hours
• Audit of Vanilla option staking pool being conducted
• Front end staking platform in test mode, and has a beautiful User Interface
• A growing non-anonymous team formed with a strong background
• Mainstream YouTuber’s have reached out to collaborate with Vanilla
• Successful AMA with Satoshi Club
• Development of revolutionary betting dApps underway
THE VANILLA NETWORK - THE ONLY PLACE TO INVEST, STAKE & PLAY!
