ValueCash ICO

CRYPTOCURRENCY REFORMATION BEYOND LIMITS

The Cryptocurrency that rewards your earnings and spendings.

Using the PoT Protocol

Introduction About ValueCash

ValueCash is a Completely Decentralized and a Self - Governing Commerce, Exchange and Escrow Entity. With ValueCash, holders can make payment for goods and services while simultaneously creating new ValueCash through purchase and acceptance.

The ValueCash Ecosystem is designed to contribute its Distinct Protocol as a key component of the growing Crypto-Economy and a market driving catalyst to reform the existing status quo of the Commerce, Exchange and Escrow Sector and the Blockchain Technology.

ValueCash is an enhanced Cryptocurrency and Commodity, which can also be a Store of Value, it is designed to allow anyone, irrespective of technical ability easy access to the PoT Platform. ValueCash is limited - Scarce in Supply, Decentralized, and Community Driven Cryptocurrency that allows anyone to earn substantial reward on Successful Trading Transaction. VALUECASH can be obtained through The PoT Protocol “Proof of Trade”, The POS “Proof of Stake”, and Buying. VALUECASH will be stored both online and offline in a cold storage.

We have identified multiple enormous markets and we are creating amazing opportunities that will allow us to start penetrating those markets from day one of our token sale.

Architectural Design, Sales, Distribution and Halving

The value token of the ValueCash Blockchain is called ValueCash while ValueBit is the smallest unit of the ValueCash currency recorded on the Blockchain. It is one trillionth of a single ValueCash (0.000000000001 XVL or 1 XVL = 1 000 000 000 000 ValueBits).

The unit has been named to further corroborate the future growth of ValueCash because of its limited Maximum Supply of 18 000 000. All amounts of the ValueCash Blockchain are denominated in ValueBit before being converted for display.

The source code also uses ValueBit when specifying and displaying an extremely fine fraction of an amount of ValueCash, such as when making granular payments, calculating fee per byte or other rewards, the amount is displayed in ValueBit for readability. ValueCash will be listed with the ticker XVL and traded on ValueCash Exchange and External Cryptocurrency Exchanges.

ValueCash will be used to pay for transactions and other computational services on the ValueCash network and beyond. However, with Zero transaction fee on any Transaction Volume, the implementation of the PoT Protocol and the Proof of Stake on the ValueCash Blockchain rather than proof of work is expected to help reduce inflation rate in the cryptocurrency community.

ValueCash Founders and Development Team - 500 000 ValueCash

This allocation is purposed for ValueCash Founders and Development Team.

Vesting Schedule:

Year 1 - 25%
Year 2 - 25%
Year 3 - 25%
Year 4 - 25%

Note: The remaining ValueCash token will be generated through the PoT Protocol which will produce ValueCash and the Proof of Stake which will produce 2.500.000 ValueCash

The ValueCash Halving System

The ValueCash Halving system will be experienced when the Proof of Trade - PoT Protocol Total Transaction Volume in ValueCash hits 18 000 000 ValueCash.

Note: The 18 000 000 ValueCash implies the Maximum Supply. This means that when the PoT Protocol goes live, and worldwide transactions get to the tune of 18 000 000, then Halving will take place.

The Halving Effect

When Halving is experienced, the reward on PoT is reduced form 10% of transaction value to 5% and from 5% to 2.5% in another halving milestone. The Validators’ reward ratio of 5:2:1:2 still remains the same.

The halving will continually be experienced every time there is 18 000 000 ValueCash transaction Volume and subsequent rewards will be halved.

For Further Information About Our Project Please Read Our Whitepaper

What is ValueCash ?

ValueCash is a completely decentralized and self-governing Commerce entity. With ValueCash, Holders can make payments for goods and services while simultaneously creating new ValueCash through purchase and acceptance.

The ValueCash ecosystem is designed to contribute its distinct protocol as a key component of the growing crypto-economy and a market driving catalyst to reform the existing status-quo of the Commerce Sector and the Blockchain Technology.

What is PoT Protocol ?

ValueCash houses a distinct protocol, called the PoT Protocol “Proof of Trade”, which combines the robust concept of Commerce and the Blockchain Technology, using cryptographic techniques to disrupt and reform.

The PoT protocol is configured to put power into the hands of the Crypto-Community by becoming Validators of their transactions,

while also creating 10% new ValueCash coin as a reward.

ValueCash Creation and Distribution

If a Buyer patronizes a Merchant of goods worth 100 XVL, 10% of the transaction Volume which is 10 XVL, will be created as new ValueCash, it will be distributed among the Buyer, Merchant, Affiliate and Blockchain Security and Project Development in the ratio 5:2:1:2 respectively and added to the current ValueCash supply.

This means that Buyers get 50% of the New Coin, Merchants get 20%,Affiliates get 10% while 20% goes to the Security of ValueCash BlockChain Network, Future Development and Marketing.

OUR VISION

There is nothing more important than comprehending the brimming possibilities of the Blockchain Technology, widespread access to the Commerce Sector. Full participation in the Crypto-Economy to drive a new era of Commerce, Rewards, Development and Productivity.

THE PROBLEM

Inflation has made the world forget about the GOLDEN AGE. We do not seem to understand why $100 in the year 2001 can not afford what it could, this year. Yet, wages and salaries are not increased while death rate increases in war, crime and diseases just to mention a few because we can not afford our future.

THE SOLUTION

ValueCash as a cryptocurrency is designed with the concept of the PoT Protocol which empowers people to earn while they spend. With this, people will be encouraged to work harder and smarter. People will have more spending money and greater freedom of choice will take its shape among mankind.

OUR PROMISES

We are building a Blockchain and Commerce Ecosystem in a different dimension and we want our community to be part of it as our token Holders and Validators. As much as we believe in the democratization of digital transaction, we also believe in returning power back into the hands of the community.