Venoty is a digital currency that enables instant payments

WHAT IS VENOTY COIN?

Venoty is a digital currency that enables instant payments to anyone, anywhere in the world and use peer-to-peer technology to operate with no central authority. Venoty was launched using the Scrypt algorithm which we have assessed to be the most suitable algorithm currently available that aligns with our goals.

• Egalitarian proof of work
• Anonymous payments
• Wallet encryption
• Faster transaction speed
• Scalability
• Efficiency in mining

Scrypt allows almost anyone with a CPU/GPU the ability to mine Venoty , the algorithm is ASIC resistant and is using Dark Gravity Wave . Dark Gravity Wave (DGW) is an open source difficulty-adjusting algorithm for Bitcoin-based cryptocurrencies. Evan Duffield authored DGW as a response to a time-warp exploit found in Kimoto’s Gravity Well. DGW is similar to Kimoto Gravity Well, adjusting the difficulty levels every block (instead of every 2016 blocks like Bitcoin) by using statistical data of the last blocks found. This allows block issuing times to remain consistent despite high fluctuations in hashpower, however, it doesn’t suffer from the time-warp exploit.

VENOTY PLATFORM

Venoty is designed for responsible parents who want to educate their children in a creative way and provide them with correct, balanced and well-structured information according to their needs from birth (or even earlier) until teenage years.

The Venoty platform was customized in accordance with the needs of the child, with its own content, and it was created by educational and IT specialists. Venoty will become, in time, the perfect tool to guide the child into his or her own personal development process.

We are aware that blockchain technology has so far targeted financial sectors but we are convinced that it is now ready to offer more opportunities to secure identity and ensure data exchange through specialized protocols.We also know that this technology can easily move towards a protected educational environment in which the child can develop his or her personality in a balanced and natural way, supervised and guided by his parents who can themselves play a role as “facilitator” in the child’s way to knowledge through play, imagination and creativity.

By structuring the information, we provide the resources they need for a correct development but through an “organized disorder”, from rhyme to riddles, fools sounds to phoniatric exercises, mathematical activities and interactive verbal activities we will inspire and develop the creative mind.

Our goal for Venoty is to become an all-in-one multi-cultural platform based on blockchain technology, so simple to use and accessible for any branch of education for users of different ages and nationalities. We want to give everyone the opportunity “to speak the same language”: our language.

The Venoty Ecosystem

The Venoty ecosystem is built to combine the application for child development through creativity with the marketplace, which has a great variety of books and audio content. It’s designed to look so simple while in reality it is very complex, with a high degree of security without advertising with its own special content.

The best teachers, psychologists, actors, musicians, graphic designers and developers with access to various cultural areas will be involved in the project.

Following one of the fundamental principles of a marketplace meaning , “All humans are welcome,” we invite you to come and share with us the knowledge necessary for helping children.

The focus is on bringing the best products possible for our community, which means that we are in the process of refining the technologies of creating content for them, whether they are in Brazil or on the other side of the globe like Japan.

PREMINE DISTRIBUTION

• Coin Name : Venoty
• Ticker: VNT
• Algorithm: Scrypt
• Type: Proof of work
• Total Emission: 94.000.000 VNT
• Premine: 10,000,000 VNT
• Main Distribution: ICO

USE OF FOUNDS

ICO PHASE LIST

• Pre-Sale: starts on 05.03.2019 | Coin Price : 0.30 €
• Main Sale: starts on 05.04.2019 | Coin Price : 0.45 €
• Secured ways to purchase tokens: BTC, BCH, LTC, Dash.
• Unsold tokens : All unsold tokens will bе burned.
• Hardcap: € 3,000,000

ROADMAP

Q2 2017

Based on our experience with crypto world, mining, exchanging and working with different projects on blockchain, we start developing the idea of a new coin based on scrypt algorithm, witch aims at supporting a platform for child’s development stages. This is the origin of Venoty platform idea. We create the infrastructure to sustain blockchain Venoty platform.

Q4 2017

Development of the concept and business plan. Engaging with advisors and preparing financial, marketing and social research study.

Q2 2018

We start developing the Venoty coin including wallets for linux, windows and macos, pool software, block explorer, paper wallet and begin stress testing.

Q1 2019

We are launching pre-bounty campaign and releasing Venoty white paper. Launching Venoty ICO campaign.The coins will be delivered to the owners at the end of the ICO campaign to prevent mining before the official release

Q2 2019

Releasing the main website, Venoty coin with block explorer,wallets and official pool. Beginning coin distribution. Preparing to open discussion for exchange market and payment gateway.

Q3 2019

Continue developing the Venoty platform and market. Secure the Venoty network by encouraging users to mine and establish their wallets. Upgrade and maintain Venoty core. Develop and release wallets for web and mobile. Continually improve functionality and increase hardware.

Q1 2020

Releasing the Venoty platform and market in closed beta version, and opening registration for 2000 users for testing and debugging. Follow us on telegram channel for upcoming registration for close beta.

Q4 2020

Final release for Venoty platform and market.

FUTURE

We hope that the Venoty platform will grow into a community that will make the world a better place, linking people to a different culture faster than the distance between them.

FUTURE

Further development of the ecosystem (2000+ partners, 2.5 million active users).

OUR TEAM

OUR ADVISORY BOARD

For this article about VENOTY, I hope this article is useful for those of you who like the ICO project.

Website: https://ico.venoty.com/

Whitepaper: https://ico.venoty.com/wp-content/uploads/wp/Whitepaper.pdf

Facebook: https://facebook.com/venotycurrency

Twitter: https://twitter.com/venotycurrency

Telegram: https://t.me/venotycurrency

Official ANN Thread: https://bitcointalk.org/index.php?topic=5106507

My Bitcointalk (doblok) : https://bitcointalk.org/index.php?action=profile;u=1035549

My ETH : :0x70CF32a1E701B66E3b42a94F4B743b2Ce6Ead81b