Topic: [ANN] Allvor: cryptocurrency for e-commerce powered by the XRP Ledger (Read 598 times)

https://allvor.org/2019/02/05/allvor-pay-allvors-e-commerce-payment-solution-is-officially-launched/

The Allvor Project has officially made Allvor Pay (the payment solution for e-commerce) available on Tuesday, February 5. With Allvor Pay, merchants can receive payments with Allvor at their online stores, with no additional customization required.

The solution’s first version can be used by online stores that use the WooCommerce platform, which is currently installed in 279,909 virtual stores* worldwide. Soon we will have plugins for other platforms, such as Magento, which is already in development.

 

How does it work?

At the online stores using Allvor Pay, the consumer makes the purchase process as usual. By the end, at the store’s checkout, they choose to pay with Allvor. After choosing it, the system calculates the conversion rate from the store’s currency to Allvor and issues the invoice, which is displayed instantly to the consumer. The payment is made with Allvor (ALV). Once the payment is settled (in approximately 4 seconds), Allvor Pay displays the payment confirmation to the user. At the same time, the system also issues a confirmation to the online store so that the purchase flow and product delivery can continue.

 

Payments without fees or middlemen

The payments through Allvor Pay are not charged. We do not charge fees on payments or any kind of fees from merchants or consumers. And, furthermore, we do not have middlemen or perform custody of tokens. The payments through Allvor Pay are peer-to-peer, directly from the buyer to the seller.

These features make Allvor Pay a unique payment solution in the world: instant payments at virtual stores, with 100%-blockchain transactions, no middlemen, no custody, and no fees.

 

How to use it?

To use the solution, the merchant must create an account in Allvor Pay, register the information of the virtual store, inform the Ripple account that will receive the payments, and generate the activation token. Then they just need to install the Allvor Pay plugin for WooCommerce in their store and use the token to activate the operation. In the restricted area, the merchant can track the generated payment orders and the status of payments. The Allvor Pay WooCommerce Plugin is available for download on the Allvor Pay portal and will soon be available in the WordPress directory.


Just the beginning

Allvor Pay is the main deliverable of the Allvor project so far. But that is just the beginning. Soon we will have the plugins for other e-commerce platforms, such as Magento, PrestaShop, and Shopify. In addition, we are studying partnerships to integrate payments with Allvor into proprietary e-commerce platforms.

   

Useful links:

Learn more about Allvor Pay and register.

Download the Allvor Pay plugin for WooCommerce.

 * Source: https://trends.builtwith.com/shop/WooCommerce-Checkout . Access on 30/01/2019.

Allvor in 2018: standing on the shoulder of giants
 2018-12-26 Posted by:   admin Category:   Allvor Vision, Community

What an incredible year, my friends! We from Allvor can only thank everyone for your trust in our project. Every word of encouragement, doubt, and demand has indicated that we are headed in the right direction. We were innovative within the XRP Ledger ecosystem, slowly standing on the shoulder of giants, without losing sight of our main goal: to be a cryptocurrency capable of fostering a democratic payments ecosystem, aiming at mass adoption of our token and, consequently, of others that will prove to be as solid as our initiatives.

Much has happened since March this year, when we boldly chose the XRP Ledger as the driving technology of our token and let the crypto world astonished. The fact that we did not have an ICO process for fundraising – an unusual option in a world full of ERC20 tokens seeking to squeeze the pockets of the unaware – left everyone confused at first. However, it was precisely this fact that brought even more consistency and confidence to Allvor. By choosing an initial distribution process to XRP holders, we positioned ourselves as community helpers, seeking to bring more options and liquidity to Ripple’s blockchain technology.

In addition, the team has grown. We have invested time and knowledge on a daily basis in the project, and we have the honor of constant presence and access to the broad knowledge of our first Advisor, Humberto Cagno, who has more than 40 years of experience in the management of multinational companies, such as Siemens and Motorola, working in Latin America, the United States and Germany.

 

Roadmap

On November, we officially introduced our payment solution in an unusual way during the BitConf event held in Fortaleza. Rather than just introducing our WooCommerce platform plugin, we went further and brought the world’s first 100% blockchain point-of-sale (POS) machine to the public, performing transactions directly on the XRP Ledger, without brokers or custody of securities, completing transactions within 3-6 seconds. Finally, someone made it possible to buy a simple coffee with cryptocurrencies, which is impracticable with 99% of the other tokens on the market, and we are proud to have done so.

We know that we built a bold roadmap and some of the deliverables are late. The forecast of being listed on two exchanges and the Coin Market Cap by the end of this quarter was not achieved. But we are very close to being listed and many negotiations are under way.

The year 2018 was very troublesome for cryptocurrencies, which lost a large percentage of their market value throughout the year. This was certainly one of the reasons that made it difficult to stick to the Roadmap. But we will continue our hard work to reach such milestones, make deals, always get it right and get a spotlight for Allvor within cryptocurrencies.

 

What about 2019?

The next year has everything to be spectacular. We know that we will be listed on the first exchange in Q1 and this will open the door to even bolder steps. The plugin for Magento is already in advanced development, as well as talks with supporters regarding the creation of a wallet able to meet our needs. The Brazilian market shows signs of improvement and the adoption of ALV will certainly be boosted by this. Regarding the technical aspects of Allvor, we will schedule the No Freeze and Black Hole of our issuing account; a process that will make us even more similar to XRP and will certainly help in broadening the adoption of ALV.

We will continue our hard work to build the value that the community expects and to effectively achieve every milestone from the Roadmap. We hope it will be a year in which we get closer to all of our supporters and stay even more active in the communication channels with the community. Hearing from you is undoubtedly what drives us to keep going. After all, without you, we would be just another token surfing the blockchain wave.

We, from the Allvor team, thank you for every new user, every new active trust line, every like, retweet, follower, view in the videos and comments on social media. We are stronger with you.

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Allvor informs the community about the end date of its ALV token Initial Distribution Program for XRP token holders. It will be on December 31 at 23:59 (GMT 00).

The program was created with the intention of engaging and establishing links with the XRP community.

The distribution, active since the beginning of the project, has as single rule that the user had an active Ripple account on March 27, 2018, which is the program starting date. To set the amount of ALV received, the Program considers the amount of XRP the user had on March 28 at 01:00 (GMT) (Ledger 37539810).

The user receives the ALV tokens according to the value they have in XRP, plus 30%, plus a standard amount of 5,000 ALV. For example, a user who had 1,000 XRP on March 28 may receive 1,000 ALV, plus 30% (300 ALV), plus a bonus of 5,000 ALV. In total, he will receive 6,300 ALV in his account.

To request a payment, the user must use the form available on the Allvor portal. Simply enter a trust line for Allvor into your account, enter the account in the appropriate field and request the payment, which is done immediately.

The distribution is limited to 1,000,000 ALV token per person. All details can be checked in the program’s regulation.

If you are not entitled to receive ALV from the Program, or if you have already received and wish to purchase a larger amount, this is currently possible in the XRP Ledger’s decentralized exchange (XRP Ledger’s DEX) by using one of the suggested wallets, such as GateHub, ToastWallet, or Harbor Wallet.

In 2019: user base growth and Allvor Pay in practice

The end of the Distribution Program for those who owned XRP on March 27, 2018 and the launch of Allvor Pay with the WooCommerce platform Plugin, which will take place in the coming weeks, mark a new phase for Allvor.

In 2019, the Allvor Project will continue to develop strategies to foster the community growth and expand its user base, including promotional actions for exchange listing, incentive programs to use Allvor Pay, targeted airdrops and other actions.

No Freeze and Blackhole of the issuing account

After the end of the distribution program, “No Freeze” and “Blackhole” of the issuing account will be announced in the following weeks.

With the “No Freeze” tag checked, The Allvor Project will not be able to freeze the ALV balances from any account (something that is currently possible). Blackhole means destroying the secret key from the Allvor issuing account. In practice, this means that it will become impossible to issue more ALV beyond the current issuance (100 billion), ie this ensures that the initial issuance remains the maximum limit of the existing ALV.

Details about No Freeze and Blackhole will be announced when they are made.

Allvor works on the XRP Ledger in the same way that ERC20 tokens work on Ethereum

XRP Ledger is the name of the blockchain developed by Ripple.
See this from the Ripple website:

XRP Ledger Overview
The XRP Ledger is a decentralized cryptographic ledger powered by a network of peer-to-peer servers. The XRP Ledger is the home of XRP, a digital asset designed to bridge the many different currencies in use worldwide. Ripple stewards the development of the XRP Ledger, and advances XRP as a key contribution to the Internet of Value: a world in which money moves the way information does today.

https://developers.ripple.com/xrp-ledger-overview.html

You have written that "XRP Ledger, developed by Ripple, is the best and most efficient technology of a distributed database ever created.". But, as far as I know - Ledger, it's a hardware purse of French developers and at the same time, the name of the campaign.

Yes! The balance considered to calculate how many ALV you will receive is the XRP balance you had on March 27 in your Ripple account.
In this link you can consult your account and request payment: https://allvor.org/get-alv/
Thank you

Regarding the initial distribution, does "Ripple accounts created until March 27, 2018" mean that the balance I had back in March is what's taken into account?
And where will I access my Allvor coins? I didn't find any wallet in your site.

150 days of Allvor: report on the activities

This evaluation summarizes the project’s activities in the first 150 days since its launch. Allvor was launched on March 29, 2018 and it surprised most people.

Although the XRP Ledger is an open platform, Allvor is the first project in the world not owned by Ripple Company that benefits from its qualities, including the scale and speed of transaction processing.

Initial Distribution Program

The Initial Distribution Program for XRP holders was presented at the project’s launch and is still running. Houlders of Ripple accounts created until March 27, 2018 can access the Allvor portal and request the payment, according to the Program’s rules.

Until the end of August, 259,045,688.5 ALV have been distributed to 6,094 accounts. 42,508.31 ALV is the average amount that has been distributed for each account.

The Program is still running. As we have previously stated, the closing date of the Allvor’s Initial Distribution Program will be informed in advance.

Coinmarketcap

Since the beginning of the project, we contacted Coinmarketcap and filled out the forms with the requested information. After some messaging and additional inquiries, the Coinmarketcap team replied that it was too early to include Allvor in the portal, advising us to resubmit the project later.

We believe that, for now, Coinmarketcap has decided not to include Allvor due to the fact that it is traded only on the XRP Ledger decentralized platform and with a daily volume of less than $100,000 per day.

This scenario should change with Allvor’s listing in the first exchange and with the progressive expansion of the ALV circulation and daily trading. Taking this into account, the achievement of this goal has been moved forward to the Q4 of 2018 in our Roadmap.

Exchanges

The first Exchange to list Allvor will be Criptohub, a new Brazilian exchange that comes with great expectations. Criptohub was mentioned at Forbes with a potential to become a “Binance from Latin America.” It started its activities in August and has already announced the listing of Allvor, which is expected to happen in September (date to be confirmed).

On these 150 days, Allvor’s team has contacted and filled out the form of 12 exchanges. We have received some positive responses, but all based on the need for expressive payments to list the Project.

Our team will continue to seek new exchanges to list Allvor, look for partnerships and keep in touch with exchanges previously contacted in order to broaden Allvor’s trading possibilities.

Allvorpay

Allvorpay is the Allvor’s e-commerce payment platform. It integrates e-commerce platforms and ALV payments from the blockchain, making it possible to pay with ALV in real-time at virtual stores. Allvorpay calculates the conversion rate, generates invoices, monitors the payment, and informs the online store, in real time, that the payment for the goods has been made.

The use of the Allvorpay platform is free. Payments are made directly to merchants’ accounts within 3 seconds, with no “middlemen” and no fees.

In order to use Allvorpay, merchants must go through a quick registration, generate an identification token, and install the plug-in specific to their platform, for example, the WooCommerce Allvorpay plug-in.

The Allvorpay platform and the Allvorpay Woocommerce plug-in are already under development. The Magento Allvorpay plug-in will be developed in the Q4.

Advisor

The first Advisor to join Allvor was Humberto Cagno, a seasoned executive with a successful track record in multinationals such as Siemens and Motorola, with operations in Brazil, Latin America, Germany, and the USA.

Updated Roadmap

The emergence of Allvorpay and the priority given to its development brought about some important changes in our planning. To speed up the project’s results, we have focused on the development of the payment platform and the plug-ins to be installed on e-commerce platforms by merchants.

With that, we will deliver the WooCommerce and Magento plug-ins earlier than the originally planned, in addition to the Allvorpay payment platform. Moreover, we have added two more plug-ins for e-commerce platforms, which were not present in the Roadmap’s previous version.
To make room for the development, some deliverables have been moved forward.

The Allvor Roadmap’s new version represents a speedup in the delivery of e-commerce payment solutions, which are the Project’s main purpose. We believe that this is the best path for Allvor’s development.

See our updated Roadmap

Humberto Cagno, former CEO of Siemens Enterprise for Latin America, becomes an Allvor’s Advisor

We are pleased to announce Humberto Cagno, former CEO of Siemens Enterprise for Latin America, as Allvor’s first Advisor.

Humberto has more than 40 years of experience in the management of multinational companies, such as Siemens and Motorola, with operations in Latin America, the United States, and Germany.

He holds a degree in Electrical/Electronic Engineering at the Polytechnic School of the University of São Paulo, holds an MBA in Business Administration with a focus on Marketing from Fundação Getúlio Vargas – SP and attended the Advanced Management Program at Duke University’s Fuqua School of Business, in the United States.

In an article published in his Linkedin, Humberto speaks of the profound change that is already happening in the financial world and comments on Allvor:

“I am fully convinced that the internet of value and the use of cryptocurrencies have already become a reality, not just an idealization for the future. Allvor is here to prove that there is a lot of room for good ideas to come to life and allow a better daily life for all of us.”

Read the full article by Humberto Cagno:
https://www.linkedin.com/pulse/allvor-disrup%C3%A7%C3%A3o-tecnol%C3%B3gica-chega-aos-meios-de-pagamento-cagno/

Allvor Initial Distribution reaches 45 XRP millionaires

https://allvor.org/2018/05/28/allvor-initial-distribution-reaches-45-xrp-millionaires/

Summary shows that 45 XRP holders have received payments of 1,000,000 ALV.

Data from the Allvor Initial Distribution Program show that 45 XRP millionaires have received payments of 1,000,000 ALV, the maximum payment amount under the Program’s rules.

To receive 1,000,000 ALV, these users had more than 765,385 XRP in their Ripple accounts on March 27, 2018. As a quick comparison, currently, there are only 1,346 Ripple accounts with more than 1,000,000 XRP 1, including the accounts of dozens of exchanges and the institutional accounts from the Ripple Company.

This and other interesting data can be seen in the summary table of the Allvor Initial Distribution Program payments (below).

Most payments, however, are based in the range of up to 10,000 ALV. There were 4,063 payments, representing 78.9% of the Program payments. These are Ripple accounts that had up to 3,846 XRP on March 27, 2018. This aggregate is a bit smaller than the one of the total number of Ripple accounts in the similar range. Currently, 92.7% of Ripple accounts have less than 5,000 XRP 2.

Payment Ranges   Number of Program Payments   Sum of Payments (ALV)
1 million ALV                    45     45,000,000.00
800,001 to 999,999 ALV     8     7,224,490.07
500,001 to 800,000 ALV    30     19,688,013.44
200,001 to 500,000 ALV    84     26,361,017.38
100,001 to 200,000 ALV   102     14,426,983.71
50,001 to 100,000 ALV   164     11,753,808.59
10,001 to 50,000 ALV           652     13,698,517.84
Up to 10,000 ALV         4,063     22,233,598.45
Total                                 5,148     160,386,429.48

In less than two months since the launch, 160.3 million ALV have already been distributed to 5,148 users. The average value of payments is slightly rising in recent weeks and has reached 31,155 ALV per user.

During this period, the transaction volume in the XRP Ledger has reached a total of 126.2 million ALV, with a daily average of 1,971 million ALV.

Source: (1) and (2) https://ledger.exposed/rich-stats By @WietseWind

The web version of Toast Wallet now allows you to add a Trust line to Allvor. And so Toast Wallet users can already receive payment from the Allvor Initial Distribution directly into their Ripple account.

See how:
First access your Toast Wallet by the browser following the Toast Wallet portal guidelines. To do this you will need to make a backup on your device and copy code to paste in the field informed.

After that, just open your wallet and follow the instructions below:

On screen 1, click Add Trustline

On screen 2, add the Allvor trust line information and click Add Trustline

On screen 3, enter your Passphrase and click Submit Trustline.

Ready!

Just check if the trust line is ok on the next screen, which will show the balance in ALV still with zero.
After that, access the form for the payment of the Allvor Initial Distribution Program

https://allvor.org/2018/05/12/how-to-get-alv-on-your-toast-wallet/

Allvor launches its portal in Chinese
 
Today we present the version of the Allvor Website in Chinese.
Coming soon in Japanese and Korean!

https://allvor.org/2018/05/05/allvor-launches-its-portal-in-chinese/

any word or links on how to send ALV coins from Gatehub to a different wallet, say Rippex or TOAST...or even send ALV from one gatehub wallet to another? Also are there ledger reserves like XRP? example, 20 xrp for reserve and 5 xrp for trustline on gatehub...thanks!

https://allvor.org/2018/04/27/presentation-of-the-allvor-project-at-organico-in-sao-paulo-brazil/

We were at Orgânico this week, a space with fantastic people in São Paulo, to present Allvor.

We talked about the project and how the Blockchain technology is already changing the perspective of money and payments in commercial relations. This was the first event with the Allvor team after its launch, less than a month ago.

Brazil has more investors in cryptocurrencies than investors in the stock market, totaling more than 1 million people. However, there is little liquidity for other currencies other than Bitcoin.

And with Rippex’s recent closure, the direct access to XRP and XRP Ledger has virtually disappeared. But the cryptocurrency exchange Coinbene has just arrived in Brazil and this might change, along with other moves that are already being established. Soon Brazilians will have access to ALV directly in local currency.

Toast Wallet has just informed that users will soon be able to enter a trust line and will be able to receive ALV directly from their Toast Wallet. Congratulations to the Toast Wallet Team! And thank you!
See:

https://twitter.com/ToastWallet/status/986884668652863488

Hello,
This is a partial report of the Allvor Initial Distribution program:

https://allvor.org/2018/04/17/allvor-reaches-129-6-million-distributed-alv/

With this we also launch:

1. The news section of our portal, and
2. The Allvor newsletter. Use the appropriate field in the Allvor portal to register your e-mail and receive first-hand news of the project.
Thank you!

Interesting project! I plan to study it and after investing, I wish good luck to the developers!)

Hello, the linkedin profiles of the founders on the Team page, here: https://allvor.org/team/

Interesting project but we would like to know more about the team who are behind this because no profile links are available to get more details.