The Volans system makes it possible to use crypto and paper currency but with all the advantages. This allows users to instantly make purchases to pay bills and services without any restrictions using unattended payment technology. In addition, users have the opportunity to transfer their assets to other service users without commissions and within minutes. The recipient has the opportunity to transfer the asset to the highest level of security and anonymity. The VOL Token is inherently a token issue of Volans and guarantees receipt of the part of the company's profits. In Volans system, non-commission and instantaneous financial transactions for all users.
The cryptocurrency market is rapidly growing, contributing to the usage of Blockchain technologies in new unknown ways. Our product aims to meet the demand for creativity and introduce the revolutionary ideas to the more increasing cryptocurrency market. You can learn all the details by reading this document.
The Volans platform enables Users to make instant transactions, including paying bills and making purchases with their cryptocurrency assets.
This White Paper is created to present Volans platform and VOL tokens. Also, this document aims to highlight the financial and technical aspects of the project and provides a step-by-step plan for development of Volans infrastructure. One Chapter of the document describes the details of the public token sale.
Market Description
In the modern economy, digital banking has become a necessity as it simplifies and speeds up the exchange publicly accepted units of account, known as money, for goods and services.
However, for the last 8 years one of the leading positions in the economy and finance has been taken by cryptocurrencies. The most popular and most popular cryptocurrency is Bitcoin, which plays the role of an absolutely decentralized payment system, which does not depend on intermediaries, such as banks. Also, this payment system does not need any guarantors, that emit circulating medium such as coins or paper money.
Bitcoin and other cryptocurrencies allow you to get rid of dozens of inconveniences of using a fiat money such as:
The instant transfer of liquidity is very difficult; the customer must use pretty expensive services such as Western Union. Furthermore, this type of money transfer often needs a client's personal presence, which makes this method extremely inconvenient;
International wire transfers are made mainly through the international payment system Swift. It is cheaper than the transfers mentioned above, but this type of transaction has processing time up to 3 business days;
The Central Bank has the full and unrestricted right to establish all the parameters of the financial system, including the emission of the additional liquidity; therefore, the residents are exposed to high inflation risks in the case of an unpredicted and unexpected cash emission
Problem Description
Despite all the advantages of cryptocurrencies compared to fiat money, today cryptocurrencies are mainly used for speculative purposes. That means, that the investors try to earn money on the jumps of cryptocurrency price, but do not use cryptocurrency as a payment item. Therefore, we can observe high market volatility and unpredictable price changes.
During the period from September 2017 to February 2018 the monthly volatility of Bitcoin price was 50% and higher. We consider that to be the main factor, that prevents the cryptocurrencies from becoming a totally accepted international payment item. Also, cryptocurrencies are facing legal barriers and bans in many countries.
The Volans team considers this situation to continue in the next 10 years, but the cryptocurrency market capitalization is supposed to increase annually.
These forecasts are confirmed by the world leader in
Consulting and audit Deloitte. According to their research, the cryptocurrency market capitalization will reach 10% of the world GDP by 2022.
VOLANS is building the solution for spending and storing your cryptocurrency and fiat currency. You can pay for your VOLANS app, which will soon be on Different platforms. Low commission fee on each transaction for everyone is attracting feature of the platform. Transactions on the platform are secure and instantaneous based on the blockchain technology. There are many features available on the platform and below.
VOLANS Wallet: Digital and secure wallet for the storage of multiple currencies in a single place. No one can access the wallet except the user
VOLANS transfer protocol: A protocol designed for the instantaneous transfer of funds between VOLANS card users
VOLANS Debit card and credit card: Multifunctional debit / credit card used for a variety of payment. credit card works on the credit ratings of each of the users on the platform
Credit rating mechanism: To create a reliable rating mechanism to judge each account for the creditworthiness. Open and decentralized mechanism.
Loyalty Program for the users: People using the platform are rewarded under this program
VOLANS Cashback program: One of the many programs of the platform where you can offer cashback balance in your wallet.
THE PRODUCT
As stated earlier in the overview, #Volan is a cryptocurrency financial services company, which is based on the Blockchain technology.
All transactions inside the Volans platform are commission-free and instantaneous. Transfer from the module, which implements a cold storage of the cryptocurrency assets to the debit or credit card Volans through the Blockchain technology. Users pay only a commission fee to miners, who process the transactions.
Moreover, users can save and transfer their assets to other users' cold wallets without commission and in a few minutes. The recipient can also exchange received asset to any other currency, including fiat money or move it back to a cold storage to ensure the highest level of security and anonymity.
VOLANS TOKEN SALE
Tokens VOL are equity tokens of the Volans Company. These tokens ensure that all token holders receive a part of the company's profit during the reporting period.
VOL is a token issued by Ethereum platform and supports the ERC-20 standard. This standard ensures that the integration of this token and other services will not be more difficult than for any other tokens, released on the Ethereum platform. There will be 19 600 000 tokens released during the Token Sale. All unsold tokens will be burned and not be generated again.
Pre-sale start date 05 Mar 2018
Main stage of token 05 May 2018
Token Name: VOL
Type Token: ERC 20
Token Suply: 19 600 000 VOL
Preasale and Main stage Token: 15 680 000 VOL
Soft cap: 1500 ETH
Hard cap: 7000 ETH
Pre-Sale VOL price 1 ETH = 2240 VOL
VOL token average price before Soft cap: 1 ETH = 2160 VOL
VOL token average price after Soft cap: 1 ETH = 1840 VOL
All unsold tokens will be burned and not be generated again
PreICO Price 1 VOL = 0.45 USD
Price 1 VOL = 0.0005 ETH
Available Bonus
Bounty Available
Ethereum Platform
Accepting ETH
Minimum investment 1 VOL
Soft cap 1500 ETH
Hard cap 7000 ETH
Country Estonia
Whitelist / KYC KYC & Whitelist
Milestones
Q3 2017
The birth of a Volans idea. Analysis of market needs. Marketing research for the target audience project.
First early investments in MVP - $ 200,000.
Prototyping the interface of Volans platform.
Q4 2017
Start of the platform development.
International marketing launch. Launching MVP alpha-testing.
Designing blockchain technologies for the Volans project. Analysis of the first results of MVP alpha-testing.
Q1 2018
Smart-contract creation. Public tokens sale announcement. Web site launch. Whitepaper is available for investors.
Launching the first Volans Wallet module - iOS app. Whitelist is available for investors.
Tokens PreSale. Project presentation for token-holders.
Q2 2018
Launch the second Volans Wallet module. Staging loyalty program. Accepting refill / withdraw cryptocurrencies with fiat money and vice-versa.
Main token sale stage. Starting development Volans Wallet for Android and Web.
Legal registration in EU jurisdiction. Active work with opinion leaders.
Q3 2018
Extending Volans Wallet functionality with fast, no commission money transfers within Volans eco-system.
Announcement of credit rank calculation algorithm announcement based on technologies of blockchain. Releasing Andorid and Web applications.
First virtual and plastic emission cards. Volans is on the front pages of all news publications.
Q4 2018
Launching contactless payments with NFC technology.
Apple Pay and Android Pay for offline and online payments.
First payment of dividends to investors.
Q1 2019
Integration with third-party services.
Q2 2019
Unlocking 12% of tokens for further platform developing.
Conclusion
The current financial world is going through a lot of challenges as evident from the reports. Payment through cryptocurrency is slowly entering the lives of the people who are fed up with the current financial networks. The market capitalization of the cryptocurrency has been on the rise since the people began investing in it. The launch of so many altcoins to accelerate the mainstream adoption of cryptocurrency is a step taken by the many of startups. The potential of this industry can be the bedrock of the next revolution in the financial industry.
Traditional banks have been on the loose since they started operations. According to the report by Delloite, cryptocurrency market capitalization will be 10% of world GDP by 2022.
Payment using the cryptocurrency is going to be the next best thing in the financial world. The security of the financial asset is another major concern for the people who are skeptical of the security being provided at the traditional banks and financial institutions.
Team
Anton Ivanov CEO, Founder
Petro Shylaiev CTO, LinkedIn Co-Founder
By Podhornyi CMO, LinkedIn Co-Founder
Anna Bureiko UI / UX LinkedIn Designer
Eduard Ohiienko Creative Producer LinkedIn
Anna Komarevych Head of Support & Communications LinkedIn
Whitepaper: https://volans.io/assets/pdf/en/whitepaper-2.pdf
Facebook: https://web.facebook.com/volans.official/
Twitter: https://twitter.com/Volans_official
Telegram: https://t.me/volans_chat_eng
Blog: https://medium.com/@volans.io
Reddit: https://reddit.com/user/Volans_official
Ann Threads BTT: https://bitcointalk.org/index.php?topic=2884663.0
Author : doy17
Profile : https://bitcointalk.org/index.php?action=profile;u=1701501
Eth : 0xB17500134c9cECBE14353a5ecb2d860fc840DF24
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