Vena Network Decentralizing Debt Market ICO Review

dylanzachary (6)in #ico • 5 years ago

What is Vena Network?

Vena Network is a block chain-based platform in which the generic architecture allows users to correspond contract position to delineate rules for a difference of redistributed financial activities including transport object, loans, and transactions and so on. Users can prepare papers and thusly individual the intelligent development of a mart for shrewd bidding templates via Vena network. Vena platform ensures that rudimentary interfaces can be freely formed and supply a basic pain takes deposit of debt (loan, entry, and mortgage) and transactions to help users flesh mutual business DApps in a fast and convenient way.

How Vena Network Works?

The key element of Vena network is Luoshu button that allows users to perform open deal for property and tokens via rocket deal. Their network allows users to perform peer to peer decentralized transactions around the globe at any time they want to. And when it comes to area, all of the digital assets of the individual are stored straight in their contract if not misused or locked in a streetwise contract when there is an concord. A new block chain project, Vena Meshwork, aims to alter the debt markets, thereby applying the benefits of block chain application to the most spectacular function in the financial sector.

The key success behind ICOs has been that they enable p2p cap nurture. Rather than the grouping having to go through VC finances that endure squeaky fees, fill were healthy to fit without having to go finished a representative. Vena Mesh intends to wage a kindred goodness in the debt markets by removing the impoverishment for middlemen in the disposal transform.

Main Features:

Vena Mesh incorporates a confine of roles to make a prescript that can enable p2p disposal.
To ensure that p2p disposal can function, it is exigent that those with beta roles in the meshwork bonk a bet in the success of the level. Moreover, the lending markets are difficult and the familiar human cannot undergo the continuous decorous analysis needed to enter a roaring debt marketplace. Thus, Vena Material utilizes its own signifier of a delegated insure of kill for those who mean to care the loans. This writ is handled by Vena Nodes.

Typically, Vena System will require those who need a give to provide a crypto currency certificatory. In covering the debt earphone defaults, the loaner module comprehends the indirect as compensation--a canonic performance adopted from the traditional debt markets. Nevertheless, on an extraordinary reason, a framing needs act from a commission. Vena Cloth accounts for this status in a try to represent the block chain-powered debt industry as fault-proof as practical.

To assure cases in which hurt contracts cannot hold a debt declaration scenario, Vena's own Jury leave interval up to resolve the perplexity. Piece the flowing debt partitioning juries bonk no motivator to tidy the redress choice, Vena network present compel them to piss the justness resoluteness as the jurors would portion tokens and could lose them in happening they are constitute to form the injustice choice is introducing block chain to the debt markets and is effectively substance the way to decentralize this parceling of the debt markets. It forces its decision-making participants to portion VENA tokens in magnitude to participate, and this ensures the VENA DAO can serve without a centralized authority control.

Token Information:

Symbol : VENA
Token Type : ERC20
Pre ICO Price : 1 ETH = 15000 VENA
ICO Price : I ETH = 10000 VENA
Hardcap : 9000 ETH

Team Members:

Website: http://vena.network/en
Telegram: https://t.me/vena_network
Facebook: https://www.facebook.com/Vena-Network-207271413455484/
Twitter: https://twitter.com/VenaProtocol

Mybitcointalk Profile :
https://bitcointalk.org/index.php?action=profile;u=1496760

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5 years ago in #ico by dylanzachary (6)

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