After the ICO only 1 VIVA Crown will be created each week as part of the settlement procedure between mints. Only 42,000 will ever be created. We believe they will become treasured financial assets.
Every quarter each VIVA Crown Holder receives a Treasury Right to mint an agreed upon number of VIVA Coins (the base currency in the VIVAconomy). These rights can be sold to a mint if you so desire.
Every quarter an amount of VIVA Coins generated by transactions in the VIVAconomy is set aside for worthy causes. As a Crown Holder you have the right and privilege of naming a recipient.
Each VIVA Crown Holder has one vote (regardless of the number of Crowns she may possess) in all of the important decisions that affect the VIVAconomy. No one has more influence.
The VIVA Project goes one step beyond traditional cryptocurrencies.
Building off of a multi-million dollar development project called Hyperledger Fabric (funded by IBM and other industry leaders) our multidimensional blockchain graph raises the bar for blockchain technology.
Unlike outdated Proof of Work and Proof of Stake consensus algorithms, our innovative concept of Proof of Authority does not depend on energy consuming mining farms nor top-heavy stake holders who dominate the ecosystem.
I'm excited about what's going on with Viva and how this can affect folks around the world. Many of us have found that ICOs are great and there are some amazing projects being built by very talented people. Almost all of them seek to solve a real world problem.
Viva looks like it's on track to do more. Being involved with humanitarian efforts in Haiti as well as regenerative agricultural folks and missionaries around the world, I see some amazing potential for Viva to really live up to its name and bring some incredible opportunities to thousands of people who might not otherwise have them. Rocking the world through technology is great. Rocking the world by feeding hungry mouths and improving quality of life raises the bar infinitely.
I have been a teacher for many years and as you know, teachers are not the best paid occupation in the world. I am extremely excited about the opportunity to be part of Viva Coin and I truly believe that this will change the way people think about money. My whole life I have waited for something more...and I truly believe that this is it! I am quite a newcomer to the crypto world and I am learning something new every single day. This is truly the future of finance and with Vivacoin you can generate an income that can help you bridge that financial gap. If there is any time to climb on board this train, the time is now.
Over the past year I have studied many different blockchains and crypto currencies and after being very skeptical I've become a believer in Viva and the Viva mission. Everyone I've gotten to talk to has been extremely open, and passionate especially with me be a newbie to this. I can't wait to the ico and see these features be brought to market. Real world application people need now it's going to be a game changer.
This is an excellent opportunity to leverage blockchain technology to create tremendous opportunity for all of us. If you are new to cryptocurrency and blockchain, please make an effort to check out this project. The founders have put considerable effort into making this accessible for everyone.
The potentials of cryptocurrency to shape the future of economics and globalization is immense. Only via these can we become a global society - Viva is the right model at the right time with the right social cause. This is brilliant and I am excited to be part of this amazing journey!
The TradeQwik exchange is the official wallet of both VIVA Crowns and VIVA Coins. Post-ICO the developers of the VIVA Network will be releasing individualized VIVA wallets in several languages including Spanish, German, and Russian.
All transactions on TradeQwik are done using the network’s token VIVA Coin. Current exchange pairs being offered for trading are Bitcoin, Litecoin, Ethereum, Steem, Dash, Golos, XAU/GBG (mg. gold), USD and MXN. By the time of the ICO, TradeQwik plans to have all of the top ten marketcap coins listed on the exchange for seamless trading into and out of VIVA.
VIVA.cash is a peer to peer payment system that utilizes SMS text messaging instead of apps. With funding from the ICO, we will be getting money transfer licenses in place allowing our Network to take a slice of the trillion dollar remittance industry without over complicating it for new users. This solution is based on the fact that many people throughout the world do not have smart phones or reliable internet but they do have cellular service.
POETS, an acronym for Proof of Educational Transcript System, is an exciting application for higher education. What differentiates POETS from other proposed blockchain-backed open course-ware initiatives is that all courses will be from accredited institutions. A condition of institutional participation requires that credits be considered fungible between participating institutions. In short this means that students are allowed to cherry pick courses and instructors from a myriad of institutions taking only the very best, and most rigorous courses, then banking these credits over a lifetime. The student may “cash them in” when they feel they are degree ready and the issuing institution agrees.
Open source voting
Votabit is a proposed standard for eVoting systems that harnesses the power of the Ultraledger blockchain technology. It allows for individuals to verify that their vote has been counted while at the same time it ensuring strict voter anonymity.
As democracies become more and more dependent on technology it is essential that voting systems be reliable and tamperproof. This is what Votabit brings to the table.
MedicAxess is an application that will be a game changer in the medical industry. Our initiative is to have all medical records tied to the individual rather than scattered between medical clinics, hospitals, labs, and care providers. Individuals will be empowered to control who has access to their records when they seek medical care. The unique thing about MedicAxess is that all medical providers will be allowed to store medical records safely on the network for free. There is a small fee charged when retrieving records and this fee must be paid in VIVA, thereby setting up a way for people to offset their medical bills with VIVA earned by donating their computing resources to help others.
Ponzi schemes rely on money being deposited at the bottom of the pyramid to pay the returns to those at the top.
Of course it's good to be an early adopter and Crown Holder, but anyone can run a worker node and find a Crown or buy one on the open market.
In the VIVAconomy our energy and value is created by eliminating wasteful activities which traditionally line the pockets of big financial corporations. By streamlining transactions and reinvesting this energy back into the VIVA Investment Pool all participants benefit.
Crown holders have fiduciary responsibilities which are shared across the network and the mints they run are held accountable without affecting the end user.
A few years ago you could barely buy a cup of coffee with Bitcoin (BTC) and now you can practically use them for a down payment on a house.
VIVA Crowns hold much more intrinsic value and are tied to businesses, which we call mints, for real-world applications.
Don't be the one who looks back and says, "I wish I'd been on board when..."
One of the biggest problems with traditional cryptocurrencies is the excessive volatility.
People don't want to have uncertainty when they are going to go out and buy a loaf of bread.
That's why VIVA coins are stabilized within a range of values decided upon by the Crown Holders. Currently, the value is $5.30 plus or minus 10%.
While there are some similarities, in the traditional financial system only a select few charted banks are allowed to make money. However, in the VIVAconomy anyone can be a VIVA Crown Holder. Worker nodes may find a Crown or one may be bought on the open market or even borrowed from an existing Crown Holder.
Only Crown Holders can run a mint which necessarily needs to be connected to a business endeavor. This keeps mints accountable in the strictest sense, without resorting to weak consensus models such as proof of work or proof of stake.
In the case of a dispute, the VIVA Network covers the bills so the end user is not affected. This is quite different from the traditional banking system and good ol' boys club.
We understand that this might seem to good to be true. There's a lot to digest and comprehend.
However, the entire project is founded on very solid economic foundation. We have big dreams for the VIVA Project, and our VIVA Crown ICO is just the starting point for bringing life to our vision.
It can happen quickly or it may take some time, but we are committed to keep working to turn these dreams into reality.
More importantly, many of the key elements are already in place and proving themselves.
We have top of the line technology and security, an enthusiastic and engaged community, a working exchange, and a plan for growth and expansion as our Crown Holders develop business strategies moving forward.
It's definitely good, but not too good to be true.
There will only be a total of 10,500 Crowns available with the ICO, with one Crown discoverable per week after that.
No more than 42,000 Crowns will ever be issued.
To date, 4,000 have been issued to early investors and developers, and 6,500 new Crowns are being offered in this ICO.
VIVA Crowns are indivisible digital assets which grant the owner a license to access the Network and operate a business called a mint, and receive a Treasury Right (TR) every 90 days.
If minting real money is not an elite function, then we need to redefine the word!
Sure we're hyping up our ICO. We want our 6,500 Crowns to sell like hotcakes on a cold winter day.
However, don't mistake marketing hype for our mission: we're here to bring stable, sustainable income to the world using real world applications.
Years of dedicated effort and long nights have been required to get this far.
We are not out to replace fiat. The VIVAconomy works with it in parallel.
The fact that some of our real world applications have already been launched or are being tested right now validates that the project is very serious.
It's true that some cryptocurrency projects have not met the ethical and professional standards that we all desire for our industry.
However, in the case of VIVA we have staked over 50 years of collective professional experience behind this project.
Every member of the executive team of the VIVA Project has a proven, verifiable track record leading businesses and developing software.
The fact that we have developed an entirely new consensus algorithm, Proof of Authority, demonstrates the solvency of the project.
You have the option to jump in like a pro or get help from our amazing community
I'm ready for the ICO
Sign me up on the exchange!
I want to participate!
Show me how to join.
Those who missed out on the bitcoin craze because of being late and no knowledge of crypto can now breath easy. Viva coin is easier attained without need for mining rigs or complex trading. VIVA is the bridge between the money you are familiar with and cryptocurrency.
There is nothing more exciting than having the opportunity to be among the first to be part of this life changing innovation. VIVA is the future of finance and with it, you can turn your computer or laptop into a money minting machine. With VIVA, the possibility of retiring to a healthy and happy life is here
A wonderful project with nice friendly and smart people connected by the vision of a sustainable and fair economy for all humans facing the challenges of future. There is a vision but at the same time very down to earth projects which already run and provide a tangible impression of what an economy with focus on unconditional basic income can look like.
Amazing group of DOERS who are going to change the world in finance, education and philanthropy - and just a chat away to answer ANY questions at http://chat.vivaco.in