## What Is Vyvo Smart Chain (VSC)?

Vyvo Smart Chain is a HealthFi ecosystem that promotes and rewards positive lifestyle habits through health data monetization.  The network runs on a validation protocol called Proof-of-Sensing (PoSe), which aims to give users full privacy, complete decentralization, and access to monetization of their personal health data.

VSC is the native utility token that is used for:
- Fees for processing transactions and storing data.
- Running validator nodes on the network via staking VSC tokens.
- Rewarding users for generating health metric data.

## How Many VSC Coins Are There in Circulation?

Vyvo Smart Chain launched its mainnet on December 14, 2022, with 10 billion $VSC created at genesis with 1,200,000,000 $VSC of additional supply minted each year to support the network as epoch rewards, of which 20% goes to validators (4.5% total) and 10% to Ecosystem operations (0.5% total). 35% fee of any NFT minting transactions is burned. Every 4 years there is a halving period, with the maximum supply being capped at 20,101,648,050 $VSC.


## Who Are the Founders of Vyvo Smart Chain?

Fabio Galdi is the CEO and co-founder of the VSC Foundation. He is a computer science and telecommunications expert and graduated in 1992 from the Technical and Industrial College at ITIS G. Marconi, Italy, with a degree in Computer Science. He founded his first network marketing company in 2005, specializing in telecommunications, Telme Communication Pte Ltd. Telme established operations in more than 50 countries, with more than 250,000 subscribers and 75,000 distributors and over $100 million in revenue. In 2019, Galdi officially launched Vyvo Smart Chain, and he has been the CEO of the company ever since.

Mariana Krym is a co-founder and Senior Vice-President of Blockchain Strategy at Vyvo Smart Chain. She started her career as a Vice-President of Digital Media at IMS Internet Media Services in 2008. Later, in 2018, Krym founded Krym Consulting, with a successful track record working with Waze (now Google), Twitter, Spotify, Snapchat, and LinkedIn. In 2017, she joined forces with Fabio Galdi, and together they created the first decentralized health data-based blockchain — Vyvo Smart Chain.

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