Peaceful greetings of the universe, this time I will discuss about ICO or project VEIAG, thanks for taking time to read this article.a
WHAT IS VEIAG?
VEIAG may be a system of long-standing time business extends that may build perpetual quality and ease during a non secular market through a tough resource supported token. it'll pioneer the heatedly anticipated plan useful security within the cryptographical cash biological system by technique for providing the speculators a physical incentive behind their possessions.
DRAWBACKS OF CRYPTOCURRENCIES AS INVESTMENT ASSETS
The recent trend of cryptocurrencies is by holding them so that it price goes up with time then some people can sell their tokens and gain huge profits out of it. The value of cryptocurrencies are determined by the market rates and not the holder and what this implies is that uses cannot actually determine the asset of tokens they are holding because what ever price they stipulate is like to change in the next time. This inability to determine the value of cryptocurrencies scares investors away and also does not make it attractive enough to investors to invest into cryptocurrencies.
Furthermore, cryptocurrencies are very volatile and hence their rate of generating income cannot be guaranteed always. Many people have come to embrace the concept of investing into cryptocurrencies because of the huge profits they might have heard they can gain from it.
For instance, Ethereum was sold in early parts of April at about $350 USD and just in may it has increased to over $500 USD. Every trader or investor who hears about this sort of investment would definitely want to invest in it but the truth of the matter is that the trend of profit does not stand always.
There are times when prices of tokens are very down and therefore in order to gain profits as the investor perceived he/she would have to hold the token for a while or better still quite a long time before he/she can sell of the tokens for some profits.
In some cases which I have witnessed one myself, one can hold a token for a very long time and yet it does not seem to come. Any investor after investing into cryptocurrency and having gone through this ordeal would surely not invest into cryptocurrencies.
ASSET BACKED TOKENS A SOLUTION TO THE CRYPTOCOMMUNITY
Before then most cryptocurrencies do not have any constant value but rather they all fluctuate in between time and this has caused for the concerns of the world that so many criticisms are going to be changed once they get to know what VEIAG has to offer.
The issue of asset backed tokens has not been in the system for long and it is simply the situation where a real asset in the case of VEIAG gold is used to represent the value of some generated cryptocurrencies. This is done to check the volatility of the token in consideration and also to secure that investors who purchased the tokens have full assurance that whatever be the crypto market situation they would have an asset to cushion them. Investors who invest with VEIAG asset backed tokens would have their tokens secured by the backed asset which is gold.
In addition, since investors tokens would not be fluctuating now and then, investors can be assured of a passive general income of their primary investment in small bits. Meaning investors would be earning continuously in a moderate amount with respect to the amount of investment plan which the member chose to run on.
Though the returns on investment may not be as huge as that of the unbacked token asset it is better in business to earn something daily than not to know what is really happening or when your next income generated from your investment is going to reflect in your bank account.
The blockchain technology is noted for its genuineness, transparency and security investors would receive reports on how things are being operated on the platform taking into consideration the income being generated, the funds used in supporting the gold bullion asset. Any information that goes on this platform would be recorded into the blockchain ledger system so that it is kept safe and secured for future reference and also it can be easily retrieved when the need be.
This is done to ensure that a relationship full of trust and confidence is built among the two parties.
The reason why VEIAG chose to use gold as the supporting asset against its cryptocurrency is because of the durability and stability of gold on the stocks exchange market. God if one of the stocks whose price is very stable and does not fluctuate by a very wide margin. This asset backed token which is going to be used on the platform is called gold bullion.
TOKEN DISTRIBUTION
BENEFITS OF JOINING THE VEIAG PLATFORM
VEIAG is about investing into global businesses other organizations and making job opportunities available for the numerous young adults who are unemployed. Members or investors who invest with VEIAG would benefit as the total income generated from these investments would be used to support the asset backed token and also used to further develop the infrastructure of the platform.
Another function of VEIAG which would also benefit people and organizations is the assistance and development that they are going to give to increase the competency of human skills and resources. VEIAG would provide expertise services in several disciplines of profession. Professional service delivery, training of unexperienced employers so that they can explore their environment for business opportunities that may have been existences but because of their inexperience they are unable to explore such an opportunity.
AREAS OF EXPLOITATION
VEIAG which is a business project have made the necessary research into potential fields that is very viable for business exploitation and also some substantial amount of money can be generated from such sector for the sustainability of the VEIAG platform. Examples of these sectors are Agribusiness, Supply of Medical equipment, livestock sector.
It is very clear from the areas stated above that VEIAG means business because these areas are very reliable source of generating income from your investment because of increase in their products. Talk about food from the agricultural sector, medical equipment to supply our growing number of hospitals, the increase of our population to feed humans with products of livestock etc.
In as much as these areas have been identified as very viable in investing into, there are laid down process through which projects would have to go through thoroughly to know the potential and its benefit to members of VEIAG platform and the organization as a whole. Please refer to the whitepaper for more details of the various process through which projects have to go through to qualify as a project worth investing into.
ROADMAP
TEAM SUCCESS
VEIAG is a platform that has great and experienced individuals and with their knowledge in their various fields of discipline they are going to steer this huge project into great success. Investors can be rest assured that their funds are going to be put to good use. Below are a few of the team members, please refer to the website or the whitepaper to read more about them.
CONCLUSION
The world currently has about 7.6 billion people and this huge number of people has caused about the rise in unemployment in several countries hence increasing the rate of crimes, prostitution and other social vices not worthy of the society. VEIAG has identified these problems related to the unemployment issues in our world has strategically come up with this investment plan.
VEIAG simply means, the organization that is using Virtual means in terms of blockchain technology and Economically position themselves in the production and distribution of goods and services. Also, they are into investing profitable projects and they do this by the help of their Academia Research Institute which comes up with all the innovative ideas the platform can put in place to ensure they are able to generate income at the end of their project.
VEIAG is a good ICO program.
Think business is pretty fantastic. It attracts people regularly.
Experienced and skilled cooperation is difficult to achieve.
We can build the ability to achieve goals.
- Website : https://veiag.com/
- Whitepaper : https://veiag.com/?media_dl=6340%2FUC1rcnwEEiZakqP5tDtvviZg
- ANN Thread : https://bitcointalk.org/index.php?topic=3761624.msg37092818#msg37092818
- Telegram : http://t.me/VEIAG_token
- Facebook : https://www.facebook.com/VEIAG/
- Twitter : https://twitter.com/VEIAG_token
- Youtube : https://www.youtube.com/watch?v=lGxqpsMPbv8&
Author : Tejo_surty
My Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=2099518
My Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=2099518
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