VOW
Vow
+
4.95%
$ 0.37314423
Rank
Name
Price
CAP
Volume 24h
Circulating supply
Change 24h
Graph (7d)
- -Vow$ 0.37314423-$ 663,9060 VOW+ 4.95%
Vow. Price of cryptocurrency: $ 0.37314423
The Bank for International Settlements, an umbrella group for the world's central banks, believes that central banks are best placed to provide trust in money in the digital age.
Mr Carsten's statement negates the possibility of a third option, and that third option is what VOW seeks to provide.
A new type of economic system has no central issuer but still maintains price stability.
Because a little VOW is required to be staked by retailers who wish to issue digital discount vouchers, the VOW circulating supply is contracted by each retailer who joins the community.
If you're looking to distill the core proposition, you'll be able to discern it in that which follows.
Retailers around the world issue discount vouchers in order to drive custom and repeat business.
One day, the founder of Vow wondered what value these vouchers had. He came to the inescapable conclusion that they don't have an objective value. Most of them will probably never be used. This assessment seemed to be wrong. It seemed limited in scope.
If you will, please "Vow" of acceptance.
There is no underlying value to the $10,000,000 of discounts.
VOW wants to absorb this value.
The "Decentralized Backstop" is created when more and more merchants join the network.
For the first time in history, a pegged value currency can exist without a centralized issuer.
Negative value vouchers are backed by a group of retailers who promise to accept back everything they issue, at the value it was issued, but as a count against products.
If it were to issue a voucher, it would probably accept it back, or it would be very unhappy with its customers.
The winning formula
The white paper has more information.
A team of international payments, loyalty and experts are gathering. Rarely has a commercial use case been as clear.
The Jersey Company Registry, part of the Jersey Financial Services Commission, granted a specific consent for Vow to issue a token and country specific token.
Mr Carsten's statement negates the possibility of a third option, and that third option is what VOW seeks to provide.
A new type of economic system has no central issuer but still maintains price stability.
Because a little VOW is required to be staked by retailers who wish to issue digital discount vouchers, the VOW circulating supply is contracted by each retailer who joins the community.
If you're looking to distill the core proposition, you'll be able to discern it in that which follows.
Retailers around the world issue discount vouchers in order to drive custom and repeat business.
One day, the founder of Vow wondered what value these vouchers had. He came to the inescapable conclusion that they don't have an objective value. Most of them will probably never be used. This assessment seemed to be wrong. It seemed limited in scope.
If you will, please "Vow" of acceptance.
There is no underlying value to the $10,000,000 of discounts.
VOW wants to absorb this value.
The "Decentralized Backstop" is created when more and more merchants join the network.
For the first time in history, a pegged value currency can exist without a centralized issuer.
Negative value vouchers are backed by a group of retailers who promise to accept back everything they issue, at the value it was issued, but as a count against products.
If it were to issue a voucher, it would probably accept it back, or it would be very unhappy with its customers.
The winning formula
The white paper has more information.
A team of international payments, loyalty and experts are gathering. Rarely has a commercial use case been as clear.
The Jersey Company Registry, part of the Jersey Financial Services Commission, granted a specific consent for Vow to issue a token and country specific token.