Allvor: cryptocurrency for e-commerce powered by the XRP Ledger
Website: https://allvor.org/White paper: https://allvor.org/wp-content/uploads/2018/03/Allvor_White_Paper.pdfRoadmap: https://allvor.org/roadmap/Twitter: https://twitter.com/AllvorCurrencyReddit: https://www.reddit.com/user/Allvor/Allvor is the first cryptocurrency issued in the XRP Ledger with a focus on e-commerce.Allvor proposes integrating the XRP Ledger’s superior technology with systems and protocols used in e-commerce as a way to boost the cryptocurrency use on a global scale.
The XRP Ledger, which is developed by Ripple Company, is the best and most efficient distributed database technology ever made. In the next years, the best and most consistent blockchain technologies will transparently integrate and operate with the various layers and protocols required to conduct financial and business transactions.
The Allvor Project will be focused on developing and encouraging the development of such integrations in order to promote the widespread use of the ALV token along with the systems that support the trade of products and services, ranging from small virtual stores to large e-commerce players.
The ALV token is stored in a Ripple account, along with XRP. Users can manage their balance, send payments and trade ALV by using the same Ripple wallet they use to store, send payments and trade XRP.
Initial Distribution ProgramThe Allvor initial offer will be free and for the community. The initial circulation of ALV will be performed through the free distribution to Ripple accounts created until March 27, 2018. If your Ripple account was active on this date, you may receive ALV through this Program.
The amount of ALV to be received corresponds to the amount of XRP available in the user’s Ripple account at 01:00 (GMT 00) on March 28, 2018, (Ledger 37539810), with an increase of 30%, added to the standard amount of 5,000 ALV.
Read More: https://allvor.org/initial-distribution-program/Get ALV in your Ripple Account: https://allvor.org/get-alv/ Payment Solutions
Allvor’s main development and partnership efforts will be aimed at enabling the effective use of ALV in businesses. These efforts will contemplate numerous actions, but we would like to highlight 5 main actions:
- Plugin for the Magento platform
- Plugin for the WooCommerce platform
- Integration with Online Payment Providers (such as Stripe and others)
- Integration with Cryptocurrency Debit Card Providers (such as Wirex and others)
- Hybrid Payment Gateway.
ALV Trading
ALV will be progressively included in the main cryptocurrency exchanges. Nevertheless, at launch, it is already possible to buy and sell ALV by using the XRP Ledger’s decentralized exchange platform, using XRP to buy ALV. So, to buy ALV, the user must have an active Ripple account, add a trust line for ALV, use a wallet that allows them to create and execute purchase/sale orders on the XRP Ledger and have some XRP to make their purchase or bid. If the user does not have a Ripple account, they should use one of the available wallets, create an account and buy some XRP first.
Distribution
The ALV tokens have already been fully issued and are not subject to mining. The complete issuance has 100,000,000,000 ALV. The projected Allvor distribution considers up to 5% of distribution at release, including our Initial Distribution Program, Marketing, and Dissemination, among other actions. ALV will gradually enter into circulation, according to the demands of the project, and the forecast is that it will only reach full circulation by 2030.
Block ExplorerAs part of its efforts to ensure the reliability and transparency of the XRP Ledger transactions, Ripple Company has developed and maintains XRP Charts. All transactions in ALV are publicly registered and are accessible for consultation on the network, in the same way as it happens with transactions in XRP. You can access XRP Charts to search and check all ALV transactions.
Check the latest ALV transactions on the XRP Chart: https://xrpcharts.ripple.com/#/markets/ALV:raEQc5krJ2rUXyi6fgmUAf63oAXmF7p6jp/XRPAllvor will soon develop a specific ALV transaction consultation channel, which can be used in conjunction with the Ripple Charts information, but exclusively showing the ALV-related transactions.
Team- Cleyton Domingues - Creator, Founder and Independent Researcher
- Syval Peres - Co-founder and Developer
- Leandro Gonçalves - Co-founder and Developer
- Alessandra Carvalho - Designer
- Luciano Oliveira - UI/UX Developer
Contact usinfo @ allvor . org
Note: The Allvor Project is an independent initiative, which has no support or sponsorship from Ripple Company.