Vingt.io would like to thank everyone who trusted us and decided to be part of our journey at an early stage.
We have successfully raised funds in the pre-sale to carry on with our project at the initial stage.
In the next phase we would continue to develop products, raise more money from private investors, work on exchange listings and focus on community development. The first phase of this development is the listing of the VGT-BUSD trading pair on the Pancake Swap DEX.
The BSK project involves the creation of a tokenized basket of twenty major cryptocurrencies that represent a macro-level exposure in the crypto market. This is to allow investors to have a broad exposure to the crypto space while limiting idiosyncratic risks around holding a single underlying asset. Represented by the Basket (“BSK”) token, the basket fully collateralized by third-party custodial holding of its constituent assets. BSK is a dynamic pool based on selection driven by periodic reviews. VGT itself shall be a constituent of BSK as a permanent member and used as governance token to administer BSK’s executive functioning.
Some of the initial proposed constituents of BSK are listed below.
Start Date: 1/12/2021
End Date: 30/4/2022
Fundraising: $135,000 USD
Status: 100% Complete
Token Pricing: 0.027 USD
Tokens distributed: 5,000,000 (0.5%)
Start Date: 10/06/2022
Status: In Process
Token price: 0.0476 USD
Token to be distributed: 150,000,000 (15%)
Series A Fundraising Pool – 85,000,000 (8.5%)
Series B Fundraising Pool – 55,000,000 (5.5%)
Pre-Launch Liquidity Offering – 100,000,000 (10%)
•Vingt.io would have several different staking pools available once all fund-raising stages have been completed
•To increase the APY users would be able to lock tokens for longer periods
•Staking would be carried out through Smart Contract and while staked, VGT tokens cannot be traded, sold or used in any way
•Tokens can be staked and reclaimed by users in their decentralised wallets compatible with BEP-20 tokens
•New 3rd Party launchpad projects included in the Vingt.io ecosystem through IFO (Initial Franchise Offering) would also be added to the staking pools and only be available to VGT holders for participation
•The long term goal of vingt.io is to reduce the total supply and make a deflationary token economy. This would be done by creating revenue stream from different projects of vingt.io ecosystem, buying back tokens from the market and burning them.
•A Periodic and permanent removal of VGT token from the Vingt.io ecosystem would be announced in detail at a later stage.
The core fundamentals of Vingt.io revolve round who we are, what we aim to provide to investors, and how we seek to provide it.
Vingt.io is an eco-system on Binance Smart Chain, providing decentralized financial services and products through its native governance token VGT. Vingt.io bridges the gaps in the DeFi crypto market through multiple projects in a decentralized, secure environment. Click here to see Vingt.io projects.
Vingt.io is an ecosystem consisting of multiple projects, creating a network of digital assets; whereas VGT is the utility governance token of Vingt.io, linked to all its products and services.
The Business model of Vingt.io is to create an alternative financial service within the cryptos pace by developing an ecosystem on Binance Smart Chain (BNB Chain). Vingt.io plans to create a network of digital assets and give investors various products and services that would enhance the userbase of this ecosystem and increase utility of its governance token ‘VGT’.
Vingt.io Products are divided in various stream such as:
Vingt.io is currently in the build-up phase of development. We have completed our planning phase and have identified the problem that we are solving in this industry. We have identified the stakeholders and defined project objectives, determining the scope of our ecosystem. Vingt.io roadmap has been laid down and we have created a few products such as BEP-20 VGT governance token, Baby Tiger by vingt.io on polygon network and BEP-20 BSK token within the ‘indexed products’ stream.
Vingt.io is currently based in Canada.
Vingt.io is not listed on any CEX right now. Vingt.io currently does not have any significant transactions however there is limited liquidity (around 11 thousand USD) on Pancake swap DEX for very small transactions as we do not want any investor to be vested or locked in for a long period. Majority of the tokens (approximately 99.5%) are currently not for sale. Please see our tokenomics for more information. We have completed our ICO pre seed round successfully selling 0.5% of the tokens. The next phase involves collection of operational funds from VC’s and companies to sustain project growth and development over the next two years.
Vingt.io is seeking funds for operational development and growth. Monies raised through the fundraising process are to be used in the following activities.