Vconomics is a decentralized digital economy simulation project, built and developed by FINATECH Technology Joint Stock Company. This application is based on blockchain platforms including NFT Factory, NFT Exchange, Vuniverse, Vpool, and peer-to-peer lending platform Vlending (P2PLending).
The Vconomics application’s launch event provided the foundation for the establishment of a decentralized digital economy. With a variety of appealing features, the product is likely to attract a big number of consumers, resulting in numerous community benefits. The Vconomics app’s vision and mission in a decentralized digital economy.
Vconomics application was officially launched on June 29th, 2021 at room №403, 4th floor, Ocean Park building (№1 Dao Duy Anh, Dong Da, Hanoi). The event had the presence of leading figures in the field of finance — technology such as CEO Ngo Van Tau, CTO Nguyen Tan Minh (GMO-Z.com RUNSYSTEM Joint Stock Company); Mr. Tran Duc Tam (General Manager IID — GMO-Z.com RUNSYSTEM Company), and many other important guests.
Vconomics is a decentralized digital economy providing NFT ecosystem and financial services based on customer insights and transparency, built and developed by FINATECH Technology Joint Stock Company. This application is based on blockchain platforms including NFT Factory, NFT Exchange, Vuniverse, Vpool, and peer-to-peer lending platform Vlending (P2PLending).
The project was built for a long time with a lot of enthusiasm from the CEO, CTO, BOD team, and members of the company. Mr. Nguyen The Cuong — founder of Vconomics project said: “ Vconomics’ major priority is to provide financial and technology solutions to all Vietnamese citizens, as well as to issue electronic money and invest in digital currency to assist the community in interacting with the decentralized digital economy”.
In the Vconomics digital economy, Vfactory is the site to make NFT, or in other words, the “father” of cryptographic works. You can earn your title by creating works of art (NFT Art), releasing unique digital objects, or building an “empire” of exceedingly rare 4.0 antiques… This token can be a physical thing or financial investment or anything. They can be found in digital form or as tokens that users can own in real life.
Purchasing/selling operations in Vfactory and creating/minting FREE NFTs on Vex (website version) is similar to but simpler than the app version and can be done easily. All user’s NFT works are synchronized to the website interface; you can interact with them directly after the NFT listing is successful.
Vex is the abbreviation of V-Exchange, or in other words, Vex is NFT exchanges. The term Exchange has shown all the important roles of Vex, which is a trade center, where securities, derivatives, and other financial instruments are traded transparently, quickly, and securely.
Created by a smart contract, Vex will ensure fairness in transactions without the need for certification from a third party. Unlike a traditional exchange (trading floor) that only allows trading at a specific location, Vex applies advanced algorithms to support users from all over the world, creating a playground for creators, investors, or collectors of antiques 4.0.
Vlending is essentially a form of peer-to-peer (P2P) lending in a decentralized digital economy. This feature provides unsecured loans like banks/financial institutions today. The only difference is that the loan appraisal will be conducted directly by users without intermediaries, ie banks. Based on the credit score measured by the Vscore scale, people can consider carefully before deciding to trade. In addition, users have the right to choose a lending partner on the P2P platform and track their profits through an online interface based on Vscore credit scoring.
Vpool acts as a savings fund in the Vconomics decentralized digital economy. This organization is responsible for mobilizing MICS from organizations and individuals participating in the Vconomics ecosystem in the form of demand deposits, term deposits, and other virtual currencies such as BTC/ETH/USDT…
Vpool can also be considered as your own “savings fund” to profit from the “Vpool rate”, boosting economic motivation, mobilizing capital for investors, improving MICS buying and selling activities on the Internet. Vex exchange. Here, people can deposit BTC/ETH/USDT to borrow MICS through Vlending peer-to-peer lending, thereby creating convenience for 1:1 transactions without intermediaries or 3rd parties.
The Spiritual Universe, where Vwish will appear as soon as being minted. If you send a wish, the universe will listen. If you send a great idea, 20 years later, the world will recognize you as a great man.
Types of Vwish:
a. Eternal Love Gift (Vlove)
A place where you can reach out and express your feelings to the person who means the world to you.
b. The 7th wish
Sometimes you cannot share your feelings or express your true emotions. Let Vuniverse listen to you.
c. A great idea
Everyone has a dream. Everyone has an idea. An idea could be great, an idea could be crazy. But it is our pleasure to honor you.
Vuniverse is launched in November, 2021.
Vscore is a credit score of individual users on Vconomics. Credit score is the basis for lending demands
(lending or not lending), or decide appropriate interest rate. In fact, the higher credit scoring is, the
lower the loan rate is charged, and vice versa, the lower credit scoring is, the higher the loan interest
Vscore is go-live since January, 2021.
You can download Vconomics application to score instantly
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The NFT market continues to evolve and grow exponentially. As a result, there are new use-cases and applications of this revolutionary technology being explored every day. Believe that providing a means of collateralizing NFTs and providing liquidity brings value to the asset class as a whole. The deployment of capital to underwrite risk and financially back NFTs (via accepting it as collateral for a loan) brings legitimacy and transparency to this digital asset class.
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Vconomics is a hybrid platform that applied to Big Data and AI that provides decentralized and centralized financial services and solutions based on customer insights.
Vconomics allows:
Find more information about Vconomics:
Website: https://vconomics.io/en
Twitter: https://twitter.com/Vconomicsio
Telegram: https://t.me/vconomicsglobal
Medium: https://vconomicsvn-en.medium.com/
If you have any questions, comments, suggestions, or ideas about the project, please email ventures@coincu.com.
Issac
Coincu Ventures
Wilmington, Delaware, 7th November 2024, Chainwire
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