Contents1. What is Volix Network?
2. Blockchain Info
3. Why Loans?
4. How Does VOLIX Work?
5. Wallet
6. Planned Listings
7. Upcoming Presale
8. Airdrops and Bounties
9. Project Resources
1. What is Volix Network?VOLIX (VOX) is the first decentralized peer-to-peer marketplace & platform for lending services running on its own private blockchain secured by Masternodes. Furthermore, the passive income provided by the Masternodes will allow investors to grow their initial collateral.
Our lending marketplace will be built on a web-platform running Ethereum blockchain network and using multiple smart contracts to transfer VOX coins from an individual or an organization – which is the lender – to the loan applicant – which is the borrower.
The marketplace will allow a borrower to have fast access to his loan which will be issued in VOX coins. The borrower will need to deposit his own cryptocurrency into the VOLIX Wallet which is linked to the platform. This deposit will be held in escrow and serve as collateral to back the loan. In case of a non-payment the collateral will serve to settle the loan.
Learn More About Volix NetworkDOWNLOAD THE WHITE PAPER2. Blockchain InfoCoin Basics—————————————— | —————————————— |
Name | Volix Network |
Ticker | VOX |
Coin Type | PoS/Masternode |
Algorithm | |
Block Time | 60 seconds |
Max Coin Supply | 32,999,995 |
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Reward Table————————— | ———————————— | ————————— | ————————— | ————————— |
Phase | Blocks | Reward | MN (80%) | POS (20%) |
————————— | ———————————— | ————————— | ————————— | ————————— |
1 | 720 – 10,000 | 1 | 0.8 | 0.2 |
2 | 10,001 – 50,000 | 10 | 8 | 2 |
3 | 50,001 – 100,000 | 25 | 20 | 5 |
4 | 100,001 – 150,000 | 50 | 40 | 10 |
5 | 150,001 – 200,000 | 100 | 80 | 20 |
6 | 200,001 – 250,000 | 75 | 60 | 15 |
7 | 250,001 – 300,000 | 50 | 40 | 10 |
8 | 300,001 – 350,000 | 25 | 20 | 5 |
9 | 350,001 – 4,007,483 | 5 | 4 | 1 |
10 | 4,007,483 - infinite | - | - | - |
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3. Why Loans?The ProblemThe current lending market is still being run by the same process implemented several hundreds of years ago. Right now, we’ve advanced into a technological age where cryptocurrency has a big major market and its gain through time is very noticeable. We believe that the blockchain will likely revolutionize our society as much as Internet in its time.
Our SolutionAccording to NASDAQ, the global peer-to-peer (P2P) lending market is estimated to
reach $897.85 billion by 2024. Lack of trust in financial institutions after the 2008 crisis has led millions of individuals and businesses to look out for more decentralized alternatives for money loans. Blockchain-based peer-to-peer platforms are bridging the gap between lenders interested in investing their crypto-assets, and borrowers in need for funds either for personal or business projects. By eliminating intermediaries between the parties, Volix Network is allowing for faster decisions and higher ratios of approvals, as well as free settlement of interest rates and loan terms.
4. How Does VOLIX Work?So how does the Volix platform work in a secure and convenient way for both lenders and borrowers? Collateralization of crypto-assets in a blockchain-reliant storage of data. As opposed to traditional forms of collateral, such as real estate and automobiles, blockchain assets are divisible, mutually interchangeable and instantly transferrable.
5. Get The WalletDownload for WindowsDownload for LinuxDownload for Mac OS6. Planned ListingsWe will aggressively pursue listings on CryptoBridge, CoinExchange, Cryptopia, and Masternodes Online.
More strategic listings will be announced following the launch and initial presale event.
7. Upcoming PresaleWe will offer a very limited number of Masternodes at discounted rates to early investors.
Phase 1 we will offer 20 MN at 0.2 each
Phase 2 we will offer 15 MN at 0.3 each
Phase 3 we will offer 10 MN at 0.4 each
Phase 4 we will offer 5 MN at 0.5 each
Phase 1 of the presale event will begin on Oct. 15, 2018.8. Airdrops and BountiesFollowing the launch of the platform, we will be releasing multiple airdrops, contests, and bounty programs all aimed at creating broad awareness. We will run both channel specific as well as content specific campaigns.
Be sure to follow our social media and communication channels (listed below) to learn more about the various upcoming airdrops and bounty programs.
9. Project Resources—————————————— | —————————————— | —————————————— |
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