Vyvo Coin Price (VSC)

Vyvo Coin (VSC) Price Now

Vyvo Coin price today is $0.0174 with a 24-hour trading volume of $389,812. VSC price is up 1.22% in the last 24 hours. It has a max supply of 20.01Bil.
In order to search for real-time and historical information about Vyvo Coin (VSC) blockchain, including data related to blocks, transactions, addresses, and more, you may use Vyvo Coin (VSC) block explorers. Here are some of the most popular and useful Vyvo Coin (VSC) blockchain explorers out there:

• vsc-dataseed.vyvo.org
• bscscan.com

What Is Vyvo Coin(VSC)?

VSC is Building A New Digital Sharing Economy.
VSC redesigns the way people’s health data is shared and monetized, giving back the control and ownership to the people who should own them and their value.
VSC Foundation’s Goals:

• -Research and implement the blockchain protocol layer.
• -Increase adoption among IoT wearable technology manufacturers and Big Data players.
• -Develop layer2 dApps and software.
• -Promote use cases.

Funding

• -Treasury funds for the VSC Coin allocated to the community.
• -Research and development grants from Public & Private companies.
• -Contributions and funding from individuals, companies or institutions.

Governance

• -Independent Board members to guide and oversee the performance of the executive team.
• -An Advisory Board to provide independent advice, perspective and direction.

What is Vyvo Smart Chain Network?

Vyvo Smart Chain Network is a Layer 1 Ethereum-compatible blockchain network. It is the latest blockchain framework that aims to ensure data security and decentralization through hybrid Proof-of-Stake (PoS) and Proof-of-Sensing (PoSe) validation protocols.

What is Proof-of-Sensing?

Proof-of-Sensing (PoSe) is a validation protocol utilised by Vyvo Smart Chain to authenticate health data generated by IoT wearable devices. It verifies the authenticity of data and ensures that it comes from real users.

What is Vyvo Coin $(VSC)?

Vyvo Coin ($VSC) is the native cryptocurrency of Vyvo Smart Chain Network. It is used for various purposes within the ecosystem, including staking and rewarding users for contributions.

What is the Burn and Mint Mechanism?

The Burn-and-Mint Economics of $VSC to $VDC relationship is designed to maintain a supply of $VSC that responds to data purchase trends. This equilibrium ensures that the amount of $VSC in circulation remains constant month-to-month, while the amount of $VDC produced by burning $VSC will fluctuate based on the USD price of $VSC.

What is the Decentralized Digital Health (DDH) Platform?

The Decentralised Digital Health (DDH) is a platform within the Vyvo Smart Chain ecosystem that enables researchers and institutions to access authenticated health data generated by IoT devices.

Is my data safe?

Yes, Vyvo Smart Chain prioritises data security and privacy. The use of the VSC-PoSe Encryption Chip ensures that data generated by wearable devices is authenticated and kept anonymous on the blockchain network, ensuring the security of user data.

Vyvo Coin $(VSC) Tokenomics

Vyvo Coin is the native coin and the protocol token of the Vyvo Smart Chain. The Vyvo Coin symbol is $VSC.
The Genesis Block of the Vyvo Smart blockchain comprises 10 billion $VSC, of which 50% of $VSC
will be allocated to Ecosystem Development, Partner Incentives, Marketing, Seed Investors and
the Members, and 50%, approx. 10 billion $VSC will be offered on Public and Private Sales.

This section details how the Vyvo Smart Chain token ecosystem functions and how all the interrelated processes are organized. The different subsections define all the aspects of the model
and functioning and how the Vyvo Smart Chain and DDH ecosystem is designed to create and
facilitate the exchange of valuable data while maintaining equilibrium in its platform. 

• Initial Supply 10,000,000,000
• Target Supply 20,014,165,805

For more detail, please check it out: https://www.vyvo.org/VyvoSmartChainWhitepaper.pdf

Vyvo Coin $(VSC)  Max Supply

With the launch of the genesis block on May 1 st , 2022, the DDH Platform targets minting approximately 100,000,000 $VSC per month, amounting to 1,200,000,000 in Year 1 and the same
again through year 4. As the Vyvo blockchain uses a four-year halving schedule, 600,000,000
$VSC per year are expected to be minted in Year 5 to Year 8, and so on, until maximum $VSC supply
is reached.

VSC Distribution

The Vyvo Smart Chain is projected to have private and public sales offerings beginning in October 2022. Following the sales, VSC is expected to be available on many exchange platforms and
DEXs. The Vyvo Smart Chain distribution will enable 500,000 active users of Vyvo IoT Devices into
the blockchain and crypto space. 

• Team: 5%
• Investors: 15%
• Public Sales: 5%
• Treasury: 12.5%
• Ecosystem Funding: 10%
• Grant Funding: 2.5%
• Staking & Data-mining Rewards: 50%

The Genesis Block of the Vyvo Smart blockchain is composed of 10,000,000,000 VSC, of which
50% of VSC will be distributed to Staking and Mining Rewards, 15% to Investors, 12.5% to Treasury,
10% Ecosystem Funding, 5% to Team, 5% to Public Sales, 2.5% to Grant Funding.
Ongoing distribution will follow the yearly minting and halving schedule, of which 10% of VSC will
be distributed to Operations, 40% to Mining, 30% to Hardware Enablers, and 20% to Validators.
 

Vyvo Coin (VSC) Community

• FaceBook: https://www.facebook.com/VyvoSC
• Twitter: https://twitter.com/VyvoSmartChain
• Discord: https://discord.gg/VyvoSmartChain
• Medium: https://medium.com/@vyvosmartchain
• Telegram: https://t.me/VyvoSmartChain

What is Vyvo Coin (VSC) Contracts address?

• BNB Chain(BEP20): 0xcDf937995A55a9AB551D81b463AC0f7F02795368