Private Seed Round
After successfully raising 135,000 USD in Pre Seed Round, Vingt.io is starting its Private Seed Round from 1st of August 2022 to 1st September 2022 (no of). BSK token beta product is ready and would exclusively be displayed to HNWI and VC’s interested in investment. Vesting period for VGT would be 3 to 4 years and would be governed by smart contracts. Meanwhile, community building and blockchain development of our ecosystem will continue according to our roadmap. CEX listings and DEX liquidity will only be available next year after the end of all fund-raising rounds. (Please see the Tokenomics and Token Vesting section for more details)
BSK (Basket Token)
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. The BSK token is fully collateralised by decentralised, trustless and permissionless smart contracts that hold its constituent assets. This crypto asset mangement tool would allow pool selection driven by period 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.
Binance Coin (BNB)
Ethereum (ETH)
PancakeSwap (CAKE)
Uniswap (UNI)
Chainlink (LINK)
Tether USD (USDT)
Binance USD (BUSD)
USD Coin (USDC)
Dai (DAI)VGT Tokenomics
Pre-Seed Round ICO
- 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: 1/08/2022
- Fundraising: $7,140,000
- Status: In Process
- Token price: 0.0476 USD
- Token to be distributed: 150,000,000 (15%)
Private Seed Round
- 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%)
Future Rounds
VGT-Token Vesting
| Allocation | Percentage | VGT Tokens | Initial Unlock Date | Initial Unlock | Cliff | Vesting |
|---|---|---|---|---|---|---|
Allocation Pre-Seed Round | Percentage 0.5 % | VGT Tokens 5 M | Initial Unlock Date At the time of purchase | Initial Unlock 100 % | Cliff N/A | Vesting N/A |
Allocation Private Seed Round | Percentage 15 % | VGT Tokens 150 M | Initial Unlock Date At the time of contract | Initial Unlock 5 % | Cliff 6 Months | Vesting 48 Months |
Allocation Series A Fundraising Pool | Percentage 8.5 % | VGT Tokens 85 M | Initial Unlock Date At the time of contract | Initial Unlock 5 % | Cliff 6 Months | Vesting 48 Months |
Allocation Series B Fundraising Pool | Percentage 5.5 % | VGT Tokens 55 M | Initial Unlock Date At the time of contract | Initial Unlock 5 % | Cliff 6 Months | Vesting 36 Months |
Allocation Pre-Launch Liquidity Offering | Percentage 10 % | VGT Tokens 100 M | Initial Unlock Date At the end of the ILO round | Initial Unlock 100 % | Cliff N/A | Vesting N/A |
Allocation Staking Rewards Pool | Percentage 8.5 % | VGT Tokens 85 M | Initial Unlock Date After Staking is developed and gone live | Initial Unlock 2 % | Cliff N/A | Vesting 60 Months |
Allocation Initial Project Team | Percentage 15 % | VGT Tokens 150 M | Initial Unlock Date After the end of all private fund raising rounds | Initial Unlock 5 % | Cliff 12 Months | Vesting 48 Months |
Allocation Future Project Team | Percentage 12 % | VGT Tokens 120 M | Initial Unlock Date At the time of contract | Initial Unlock 2 % | Cliff 3 Months | Vesting 48 Months |
Allocation Development Pool | Percentage 8 % | VGT Tokens 80 M | Initial Unlock Date After the end of all private fund raising rounds | Initial Unlock 3 % | Cliff 6 Months | Vesting 48 Months |
Allocation Marketing Pool | Percentage 8 % | VGT Tokens 80 M | Initial Unlock Date After the end of all private fund raising rounds | Initial Unlock 3 % | Cliff 6 Months | Vesting 48 Months |
Allocation Operational Management | Percentage 4 % | VGT Tokens 40 M | Initial Unlock Date After the end of all private fund raising rounds | Initial Unlock 3 % | Cliff 6 Months | Vesting 48 Months |
Allocation Reserves | Percentage 5 % | VGT Tokens 50 M | Initial Unlock Date After the end of all private fund raising rounds | Initial Unlock 10 % | Cliff N/A | Vesting 48 Months |
Staking
Maximize your profits by staking
•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
Burning of VGT Tokens
•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.
Baby Tiger by Vingt.io
Description
This is a series of digital art NFTs designed by Vingt.io, consisting of 8888 unique images of Baby Tigers. Each Baby Tiger is seen wearing unique VGT attire and accessories, creating digital collectibles that would appeal to a larger audience and promote VGT at a wider scale.
These baby tigers live together peacefully, in their metaverse jungle.This NFT series is ready for display at OpenSea and would be available for sale at a later stage.
Utility
Baby Tiger NFTs are Vingt.io eco-system memberships. As the Vingt.io eco-system grows these NFTs would give hodlers access to different privileges that would include new 3rd party launchpad token airdrops, access to Vingt.io networking groups, membership for various Vingt.io facilities and long-term discounts on Vingt.io products and services.
Our Mission, Vision & Values
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.
- Mission
- Vision
- Values
Enabling cryptocurrency market participants to maximize their investment gains while minimizing losses and allowing them to govern their ecosystem through a democratic system of voting.
FAQs
- What
- Who
- Why
What is Vingt.io?
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.
What is the difference between Vingt.io and VGT?
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.
What is Vingt.io’s business model?
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’.
What is Vingt.io’s competitive advantage?
One stop shop for investors
Large spectrum for investment options (from low risk to significantly higher risk)
Cheaper Transactions
Dynamic Growth Model
A unique concept of layer - 2 ecosystem on BNB Chain that is extremely undervalued
Large untapped Binance userbase in DeFis and other services.
What are the use cases of Vingt.io products?
Vingt.io Products are divided in various stream such as:
Indexed Products: Providing products equivalent to global market indices such as Itraxx and S&P500
Dynamic Wallets: Holding multiple assets in one place. With enhanced security and reliability, users can always have safe access to their digital assets.
NFTs: Vingt.io has launched both conventional NFTs such as digital art and dynamic NFTs that would have different use cases, catering the need of different products.
Launchpad Services: Vingt.io would introduce a franchising platform for developers to add new use cases to this ecosystem and increase the utility of VGT governance token.
Structured Wraps: Based on client’s needs, Vingt.io would introduce trading strategies for investors. Each wrapper would reflect a bespoke trading algorithm, allowing investors to enter a complex strategy through purchase of a simple token.
Custodial Services: Vingt.io would hold cryptocurrencies for investors on a long-term basis so that they are able to avoid unsafe wallets, phishing attacks, and other crypto management lapses
Real-estate Solutions: Vingt.io is creating dynamic NFTs with utility for virtual social interactions. These NFTs can be rented out, sold and repurchased in open market.
Stable Coins: Vingt.io would be creating a stable coin VUSD pegged at 1USD and always backed by real assets.
What is the current stage in Vingt.io’s lifecycle?
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.
What is Vingt.io’s current status?
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.
What are Vingt.io’s plans with funds raised?
Vingt.io is seeking funds for operational development and growth. Monies raised through the fundraising process are to be used in the following activities.
Ecosystem Development
Digital Advertisement Expenses (Creating and Running Ads)
Salaries (Recurrent and Periodic) and Office Expenses
Blockchain R&D
Web Development (Front and Backend and app)
Social Media Management (Twitter, Discord, Telegram, Reddit)
Marketing (including seminars, community meet ups, enhancing the user base)
Entertainment for employees and clients
Partnership Costs (listings on CEX, collaboration with other projects
Fees, Licenses, and Taxes
Software cost (such as NFT metadata, APIs)
Other Expense (Reserve)
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