Verus is going to revolutionize decentralized finance(DeFi) as we know it.Just as Bitcoin started out, as an open-source, fair launched, no ICO, or pre-mined, or even dev funded project.
Put simply, Verus is much more than any single ordinary blockchain; more of an entire ecosystem of interconnected blockchains that all operate decentralized and at the protocol level.
You will have the ability to be merge mine and stake up to 22x at once!
Interoperability
Fractional reserve capabilities
Cross-chain transaction
Onchain ConversionsAmazingly, everything is done at the protocol level on a decentralized network, Verus.
If that's not enough there's alot more!
VerusIDVerusIDs are true self-sovereign identities and aren't simply an ID system as much as a fully functional blockchain protocol. There is no business in the protocol, but plenty of opportunity for those who use what it can do for identity applications. Verus ID provides:
Quantum ready
Fully decentralized
Revocable
Recoverable
Private
A Built-in Decentralized Referral Program, Enabling Natural Growth.Verus IDs will cost Verus to acquire, 100 Verus per ID to be exact, which can be discounted to 80 Verus with referral of an existing Verus ID. The interesting twist is that all of the cost of an ID goes back into the network, either as referral fees, which are a way to get discounts or possibly even make money through referrals and built into the identity transactions themselves, or as mining and staking fees. No one besides people participating in the network as miners, stakers, or ID referrers take any proceeds from the cost of an identity. If you refer someone new and they purchase an ID with your ID as a referral, they will receive a 20% discount on the ID. In addition:
You will receive 20 Verus directly
The person who referred you, if there is one, will receive 20 Verus
The person who referred person b, if there is one, will receive 20 Verus, and
The miner or staker will receive the remainder of the discounted 80 Verus cost
As you might expect from looking at the fact that anywhere from 20 to 100 Verus goes to miners and stakers of Verus for each new identity once identities hit mainnet, some Verus blocks may have VERY high rewards for some time. The best thing about that is that regardless of how much the Verus blockchain rewards miners over and above the pre-determined coinbase reward, it will be as a result of the on-chain economy, paid for by people buying identities with no inflation of the money supply! If you or your friends missed the early days of the Verus launch, you don't want to miss this new opportunity to be mining, staking or referring now Verus IDs are activated on the mainnet!.
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Website: https://veruscoin.io
Community twitter - https://twitter.com/VerusCommunity