Vanilla NetworkVanilla Network giá VNLA
Vanilla Network community
Tin tức về Vanilla Network%
Thông tin về Vanilla Network
What is the Vanilla Network?
Founded in August 2020 by an array of professionals ranging from finance, marketing and computer programming, the Vanilla Network is a deflationary ERC-20 token. A staking platform will govern the heart of the ecosystem.
The Vanilla Network relies on fundamental economics to produce an equilibrium price, being demand and supply. This is where the Vanilla Network differ from other platforms; the focus is on generating demand whilst the supply will continue to burn on a transactional basis. The Vanilla Network will be releasing on a periodic basis revolutionary staking and betting dApps that can be used and will appeal to all therefore, generating consumer demand.
At the heart of this is the “community fund” also known as the DAO, decentralized autonomous organization in computer programming. This fund will self-cycle, being funded and replenished by wins and losses in the betting dApps. This is much like the ‘house’ in a casino however; all of these funds belong to the community and not the owners of the casino.
Ultimately, the aim being to decentralize the betting exchange platform. There should be no losers, all margins are returned to holders of the Vanilla token if they continue to stake.