Volentix

Maxim Maximov
4 min readDec 2, 2018

Again these banks, this fiat. Why do these otzovizmy still torture us? The economy of things, the P2P market, the victory over poverty and raw needles — all this is interfered with by banks and people who are reveling in their difference from chelyad. Such an opinion can be found more and more often in crypto circles. And what if they are the only people or not at all?

There are problems in the crypto crypto exchange for fiat market:
security. Technological junction between the blockchain and the outside world has always been and will probably be a risk factor attracting the attention of fraudsters. From this problem the following follows;
lack of legal framework. Why is it needed? And in order to identify the fraudster and make him compensate for the damage that he intentionally caused. While there is no legal field, he is formal and there is nothing to present;
the fineness of the market, the good old. This problem stems from the previous two. Just for now, in principle, the money supply in the crypto currency is small. In addition, only a small part of it is distributed in exchangers and exchanges. And the rest is stored on paper wallets. At the same Satoshi Nakomoto.

Decision

Volentix is a DAO organization for the transition of the Fiat world to the world of the crypt.

One of its central elements is a reliable exchange wallet. With it, you can securely store large sums in the crypto currency and make an exchange for Fiat. It is assumed that the exchange will be based on smart contracts tied to the individual through the KYC identification procedure. Personal data will be technologically available only to 2P2 exchange participants, so this does not contradict the principles of the blockchain. Only in the case of a breach of the transaction the identity can be established, but only with the participation of the person in respect of whom the contract terms were not observed.

The platform will also be equipped with trading tools to place orders for large sums directly Fiat. The interface will be as friendly as possible and adapted to the mass consumer.

Volentix plans to create not only an exchange system, but also to form a global community for major transactions between the worlds of Fiat and the crypt.

Already the alpha version of the Volentix wallet is ready and on its way to beta. The application can be downloaded, installed and used for sharing.

Team

The idea of the project was born in 2014 after the loud news about the hacking of the Mt.Gox exchange. Even then, it became clear to the founders of the project that this direction would be one of the most sought-after in the coming future. And they were not mistaken, as time shows.

ICO

Findings

Why pay attention to this project. Firstly, the draft project was in the eye. The site is made with high quality and everything is described in detail. Secondly, the team involved participants who have been in the crypto market for a long time and know it firsthand. Thirdly, the idea is really interesting and it would be great if it comes true. We wish good luck to the project and will be watching with interest!

Официальные источники проекта Volentix

Website: https://volentix.io
Whitepaper: https://s3.ca-central-1.amazonaws.com/volentix/VDexWhitePaper.pdf
Twitter: https://twitter.com/volentix
GitHub: https://github.com/Volentix
Telegram Group: https://t.me/volentix
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=5048597

My account BTT:https://bitcointalk.org/index.php?action=profile;u=1297889

My ETH Adress: 0x8B2180c8EeBb9edFCc1F532AB8Efe51EBa6b5253

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