ABOUT ICO VOLANS
Introducing to you Volans project — The Best Decentralized Financial and Credit Payment System.
Overview
Volans is a cryptocurrency financial services company, which operates using Blockchain.
The cryptocurrency market is rapidly growing, contributing to the usage of Blockchain technologies in new unknown ways. Our product aims to meet this demand of creativity and introduce revolutionary ideas to the quickly increasing cryptocurrency market. You can learn all the details by reading this document.
The Volans platform enables Users to make instant transactions, including paying bills and making purchases with their cryptocurrency assets.
Market Description
In the modern economy, digital banking has become a necessity as it simplifies and speeds up the exchange publicly accepted units of account, known as money, for goods and services.
However, for the last 8 years one of the leading positions in the economy and finance has been taken by cryptocurrencies. The first and the most popular cryptocurrency is Bitcoin, that plays the role of an absolutely decentralized payment system, which does not depend on intermediaries, such as banks. Also, this payment system doesn’t need any guarantors, that emit circulating medium such as coins or paper money.
Bitcoin and other cryptocurrencies allow you to get rid of dozens of inconveniences of using a fiat money such as:
· The instant transfer of liquidity is very difficult; the customer must use pretty expensive services such as Western Union. Furthermore, this type of money transfer often needs a client’s personal presence, that makes this method extremely inconvenient;
· International wire transfers are made mainly through the international payment system Swift. It is cheaper than the transfers mentioned above, but this type of transaction has processing time up to 3 business days;
· The Central Bank has the full and unrestricted right to establish all the parameters of the financial system, including the emission of the additional liquidity; therefore, the residents are exposed to high inflation risks in case of an unpredicted and unexpected cash emission
Problem Description
Despite all the advantages of cryptocurrencies compared to fiat money, today cryptocurrencies are mainly used for speculative purposes. That means, that the investors try to earn money on the jumps of cryptocurrency price, but do not use cryptocurrency as a payment item. Therefore, we can observe high market volatility and unpredictable price changes.
During the period from September 2017 to February 2018 the monthly volatility of Bitcoin price was 50% and higher. We consider that to be the main factor, that prevents cryptocurrencies from becoming a totally accepted international payment item. Also, cryptocurrencies are facing legal barriers and bans in many countries.
The Volans team considers this situation to continue in the next 10 years, but the cryptocurrency market capitalization is supposed to increase annually.
These forecasts are confirmed by the world leader in
Consulting and audit Deloitte. According to their research, the cryptocurrency market capitalization will reach 10% of the world GDP by 2022.
VOLANS TOKEN SALE
Tokens VOL are equity tokens of the Volans Company. These tokens ensure that all token holders receive a part of company`s profit during the reporting period.
VOL is a token issued by Ethereum platform and supports ERC-20 standard. This standard ensures that the integration of this token with exchanges and other services will not be more difficult than for any other tokens, released on the Ethereum platform. There will be 19 600 000 tokens released during the Token Sale. All unsold tokens will be burned and not be generated again.
Token Distribution
According to the solution, found by the Volans Team, the process of dividend distribution to tokenholders is based on the current tokens distribution between investors at the time of adding the Report block to the Blockchain.
Dividends are paid to tokensholders only at the addresses in the Volans Wallet and can be transferred to any other cold wallet or instantly converted to fiat money via Volans Storage. All tokenholders` dividend payments will be carried out in ETH.
At the moment Volans management is negotiating a permanent legal registration in Estonia because the country’s government is liberal to similar companies and partnership programs with banks are the most convenient. The tax burden in Estonia is 20% and is carried out only with the profits distribution and dividends payment.
The company’s profit after the collection of taxes will be:
According to the smart contract, 25% of the profit after the collection of taxes will be distributed among the tokenholders. Thus, the total dividends will be:
Profit per 1000 tokens:
The details of Volans Token Sale
VOL will not be generated after the end of main stage of public Token Sale or the Hard cap will be reached. If the Soft cap will not be reached during the main stage of public Token Sale, the funds will be returned to the investors. Tokens reserved for founders and team will be blocked for 1 year for a further development of the platform.
RoadMap
Q3 2017
Jul — birthday of Volans project idea; analyzing market needs; target audience research
Aug — first early investments in MVP — 200.000 USD;
Sep — building a prototype of Volans platform interface;
Q4 2017
Oct — start of platform development;
Nov — launch of international marketing; MVP alpha-testing;
Dec — developing the Blockchain technology of the project; analyzing the first results of MVP alfa-testing;
Q1 2018
Jan — creating a smart contract; the PreSale announcement; launching the website; the Whitepaper is available to investors;
Fab — running the first platform module — iOS app;
Mar — start the PreSale of VOL tokens; presenting the project to the tokenholders;
Q2 2018
Apr — running the second Volans Wallet module; launching the Volans Loyalty Program; adding support for replenishment / withdrawal of fiat funds; 17
May — main stage of Token Sale; developing Android and Web applications;
Jun — legal registration in European Union; working with opinion leaders;
Q3 2018
Jul — extending the functionality of the Volans Wallet; adding support for instant transactions without commission fee between users;
Aug — announcement of the algorithm for calculating the user`s credit scoring based on the Blockchain technology; release Android and Web applications;
Sep — the first issue of virtual and plastic cards;
Q4 2018
Oct — launching contactless payments with NFC technology;
Nov — released Apple Pay и Android Pay for online payments;
Dec — the first payment of dividends to investors;
Q1 2019
Integration with third-party services and merchants;
Q2 2019
Unlock 12% of tokens.
For more info about the project, join any of the following links/channels below;
Website. . . . https://volans.io/
Twitter. . . . https://twitter.com/Volans_official
Bitcointalk. . . https://bitcointalk.org/index.php?topic=2867757.0
Facebook. . . https://www.facebook.com/volans.official/
Telegram. . . https://t.me/volans_chat_eng
thanks to read my blog....
writer : andilewa
link btt : https://bitcointalk.org/index.php?action=profile;u=1831532
my wallet eth : 0x484294B3132dfC830807FaC036ae4Ba05d2B84cC
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