BlockVest (BLV) ICO Review – ICO Token News
Blockvest is the use of blockchain technology and digital identity to digitize assets, and the use of smart contracts for digital assets to be self-managed, to achieve a “smart economy” with a distributed network. Blockvest (BLV) is an ERC20 token based upon the Ethereum blockchain. Operating on the blockchain allows for global accessibility, 24/7 trading, transparency, public verification of Blockvest’s holdings and no expensive legacy banking fees. At it’s core, Blockvest, found online at Blockvestico.io, is a utility token that’s representative of the top performing cryptocurrency index. The initial tokens can only be acquired during the Initial Coin Offering (ICO) which is a one off, closed-cap offering. The tokens provided will represent a participant ’s share of the portfolio. Thirty percent of the total amount contributed during the offering will go directly towards buying the underlying index cryptocurrencies
Overall, Blockvest consists of a decentralized ecosystem that facilitates a stablecoin. Stablecoins are a cryptocurrency designed specifically for price stability. Blockvest has created a decentralized Ecosystem, built on a stablecoin capable of capturing all the benefits of a permissionless system while also eliminating volatility.
How Does The Blockvest Ecosystem Work?
Blockvest aims to solve one of the biggest problems in the cryptocurrency industry: Volatility. Holders of Blockvest will be able to issue a secondary token denominated in US dollars. This will lock the value of the stablecoin to the USD. Here’s how it works: those who use the stablecoin pay fees to those who collateralize the network through holding Blockvest inside an Nvestnode Wallet, compensating them for the risks of providing collateral and stability. Through this system, collateral providers control the money supply, and fees are distributed based on each individual’s stabilization performance. Blockvest uses this system to reward those who supply stability while charging those who demand stability. The end result is a balanced stablecoin ecosystem.
Benefits Of BLOCKVEST
Why do we need a stable coin? Overall, the goal of Blockvest’ dual token system is to create passive income as well as a stablecoin that can be used as a reliable store of value for international money transfers, payments and remittances. Some of the specific benefits include:
- Trading on a decentralized exchange
- A unit of account for prediction markets
- Funding token sales
- Overseas remittance
- Online retail transactions
- Secure store of value
Ultimately, cryptocurrencies have enormous value and potential. However, few investors are comfortable putting their whole net worth into cryptocurrencies. One of the biggest concerns people face is volatility. BLOCKVEST aims to solve that problem in a unique way.
Blockvest Analytical & Management Interface
The Blockvest Interface provides tools for investment portfolio structuring and management as well as a holistic view of the available investment opportunities and the fund’s historical and current investment performance. The interface allows the investor to:
- Analyze and pick investment opportunities from the list of options that are available on the Blockvest Crypto Platform.
- Structure the investment portfolio and allocate capital to desired assets.
- Track the portfolio performance.
- Drill down to get the decomposition and verify the investment results.
- Submit tokens for buyback to participate in the distribution of the fund’s income.
- Download reports and export necessary analytical data.
Digital Assets on the Blockvest Blockchain
Digital assets are programmable assets that exist in the form of electronic data. With blockchain technology, the digitization of assets can be decentralized, trustful, traceable, highly transparent, and free of intermediaries. On the Blockvest blockchain, users are able to register, trade, and circulate multiple types of assets. Proving the connection between digital and physical assets is possible through digital identity. Assets registered through a validated digital identity are protected by law. Blockvest has two forms of digital assets: global assets and contract assets.
Global assets can be recorded in the system space and can be identified by all smart contracts and clients. Contract assets are recorded in the private storage area of the smart contract and require a compatible client to recognize them. Contract assets can adhere to certain standards in order to achieve compatibility with most clients. Our goal at Blockvest was to create our own Blockchain to Model Neo’s and Ethereums but still compatible with both platforms.
The BLOCKVEST (BLV) ICO Token Sale
The Blockvest Global ICO will be the most anticipated crowdsale of the year. As a Blockvest oken holder, your Blockvest will generate a pro-rated share of the profit generated quarterly as well as fees for processing transactions. A total supply of 100 million Blockvest will be created, with 50 million tokens will be held in a smart contract and will be released in a year for future development, 32.5 million going to the token sale, 10 million going to the team and advisors, 5 million going to the Core Activities Reserves, 2.5 million to marketing and partnership incentives
To grab more information about ICO investment check ICO planning guide.
- Reginald Ringgold IIIFOUNDER
- Leo BandoyCHIEF EXECUTIVE OFFICER
- David DrakeCHIEF STRATEGY OFFICER
- Gerald GularPRESIDENT
- Jack J. BensimonCHIEF COMPLIANCE OFFICER
- Douglas RobichaudCHIEF OPERATIONS OFFICER
- Alfredo GarciaCHIEF RISK OFFICER & FINANCIAL ADVISOR
- Elvin DiosoDIRECTOR OF INFORMATION TECHNOLOGY
- Jim MosleyCHIEF TECHNOLOGY OFFICER
- Alesia HarperPROJECT MANAGER
- Tammy DeanDIRECTOR OF INTERNATIONAL COMMUNICATIONS
- Paul Van VessemCHIEF INVESTMENT OFFICER