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Cryptocurrencies:  6,442Markets:  25,982Market Cap:  $365,095,559,73824h Vol:  $109,915,848,201BTC Dominance:  59.2%
Market Cap:  $365,095,559,73824h Vol:  $109,915,848,201BTC Dominance:  59.2%Cryptocurrencies:  6,442Markets:  25,982

VITE (VITE)

$0.032448 USD (-7.63%)
0.00000277 BTC (-8.70%)
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  • Market Cap
    $15,221,319 USD
    1,301 BTC
  • Volume (24h)
    $2,794,305 USD
    238.74834793 BTC
  • Circulating Supply
    469,103,992 VITE
  • Total Supply
    1,001,675,102 VITE

About VITE

What Is Vite?

Vite has built a Directed Acyclic Graph (DAG) based smart-contract platform, with a Snapshot Chain structure to facilitate zero-fee transactions and optimize transaction speed, reliability, and security. The Snapshot Chain of Vite utilizes Hierarchical Delegated Proof of Stake (“HDPoS”) to achieve network consensus, while supernodes take only staking rewards and no transaction fees. Vite virtual machine maintains compatibility with EVM, and utilizes asynchronous smart contract language, Solidity++.

The VITE token is the currency for simple token transactions and smart-contract executions on the Vite network, with users staking VITE for transaction quota instead of consuming gas. VITE can also be used to vote for Snapshot Block Producers (aka supernodes). In addition, a VITE staker with unused transaction quota can lease such quota to dApps in exchange for their tokens. For instance, users can stake VITE in exchange of ViteX’s native decentralized exchange token, VX.

Vite’s current products include a decentralized exchange (ViteX), a multi-purpose wallet application (Vite App), payments (VitePay), and government/enterprise blockchain applications (VitePlus):

  • ViteX is a decentralized exchange with on-chain orderbook and matching engine, and supports currently 20+ digital assets.
  • Vite App is a mobile application that allows trading (ViteX), asset management (wallet), dapps (e.g Vite-based games) in one place.
  • VitePay is a fast and feeless payment solution, currently available to use in Singapore’s Ce La Vi Sky Bar and taxi services under the Midwest Global network - Users can pay for merchants with Vite wallet, who in turn receive payment with zero fees with near-instant settlement. VitePay is also integrated with the e-commerce platform OpenCart, and one can utilize VitePay at the official Vite store.
  • VitePlus is a Vite-based enterprise blockchain solution for governments and enterprises. Vite has developed a pilot app, SyraCoin, for the Syracuse government, allowing city housing fund donors to receive blockchain-based coupons that are redeemable for goods and services within city bounds.

How can you buy or mine VITE?

You may purchase VITE at major exchanges such as Binance, OKEx, and Bittrex. To 'mine' VITE, you may run a Snapshot Block Producer (aka supernode to partake in the HDPOS consensus process) on the Vite network, and receive block rewards in the form of the annual inflation of 30 million VITE coins. You may also run a full node and receive VITE rewards from the Vite foundation.

Supply Distribution

Private Sale tokens comprise 40.43% of total supply. It was conducted in May 2018 for 404.33MM VITE at a rate of 7,000 VITE = 1 ETH and raised a total of 57,762 ETH (~$40.43MM) at ~$0.10 per token, selling 40.43% of the total token supply.

  • Marketing tokens comprise 10.00% of total supply.
  • Ecosystem Development tokens comprise 23.57% of total supply.
  • Team tokens comprise 20.00% of total supply.
  • Airdrop tokens comprise 5.00% of total supply.
  • Advisor tokens comprise 1.00% of total supply."

VITE Statistics

VITE Price$0.032448 USD
VITE ROI
-69.20%
Market Rank#397
Market Cap$15,221,319 USD
24 Hour Volume$2,794,305 USD
Circulating Supply469,103,992 VITE
Total Supply1,001,675,102 VITE
Max SupplyNo Data
All Time High
$0.114875 USD
(Jul 18, 2018)
All Time Low
$0.005328 USD
(Mar 13, 2020)
52 Week High / Low
$0.037779 USD /
$0.005328 USD
90 Day High / Low
$0.037779 USD /
$0.011556 USD
30 Day High / Low
$0.037779 USD /
$0.013915 USD
7 Day High / Low
$0.037779 USD /
$0.029660 USD
24 Hour High / Low
$0.035334 USD /
$0.032575 USD
Yesterday's High / Low
$0.035357 USD /
$0.032275 USD
Yesterday's Open / Close
$0.033924 USD /
$0.034465 USD
Yesterday's Change$0.000542 USD (1.60%)
Yesterday's Volume$5,391,451 USD
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