BlockVest is the first of its kind licensed and regulated cryptocurrency exchange and an index fund, based in the USA. It uses the power of blockchain technology and digital identity to digitize assets and is integrated with smart contracts for making those digital assets to be self-managed. The aim of this platform is to achieve a smart economy through a distributed network. It is also backed by the Blockvest (BLV), an ERC20 type token based upon the Ethereum blockchain that allows global accessibility, 24/7 trading, transparency, public veriﬁcation of Blockvest’s holdings and no expensive legacy banking fees.
BlockVest consists of a decentralized ecosystem that facilitates Stablecoin, a cryptocurrency capable of capturing all the benefits of a permission-less system while also eliminating volatility. BlockVest’s dual token system will help the community members and investors in generating passive income and the Stablecoin can be used as a reliable store of value for international money transfers, payments, and remittances. Some of the other advantages of the Blockvest platform is that it enables the users to trade on a decentralized exchange that offers more transparency and security, token sales funding, online retail transactions, a unit account for the prediction markets and secure store of value.
BlockVest is accompanied by the Nvestnode wallet that helps the traders in generating passive income through asset-backed profit sharing smart contracts. By simply holding the BLV token in their wallet, the users can generate passive income through fees while the active Nvestnodes are rewarded with quarterly dividends. It is a highly secure wallet that features no risk of 3rd party interference or manipulation. All transactions are recorded and archived on the blockchain for trust and verifiability. This wallet provides multi-asset support for coins including Bitcoin, Ethereum, and others. Due to the passive income and stability of the Yield stablecoin, the market capitalization of the BLV platform also tends to increase.
Blockvest has introduced the ‘token as a fund’ business model, that allows the investors to subscribe to the fund’s income stream. To monitor the current reserves of the fund and the fund’s value, a self-certification system is included so shareholders can monitor their investment at any time. The platform will also perform monthly external audits along with the daily self-certification system to build trust and transparency between the BLV fund managers and shareholders.
All the interested investors can purchase the BLV token through the Blockvest (BLV) ICO token sale, scheduled for August 16th to September 30th, 2018. The total supply of BLV token is limited to 100 million out of which, 50 million tokens will be held in smart contract and will be released in a year for future development while 32.5 million will be available through the token sale, the rest will be reserved for the team, advisors, core activities and marketing. More information can be found on blockvestco.io.
In case of any queries, drop a message to Chairman@blockvestico.io.