What ?

What is Vingt.io ? Is it a Layer-2 (L2) or an Application Layer?

Vingt.io is a decentralized ecosystem of multiple dApps and protocols built on the Binance Smart Chain (BNB). It operates as an application layer, providing users within the BNB-chain ecosystem with a comprehensive solution. Unlike Layer-2 (L2) solutions that scale the main blockchain, Vingt.io focuses on delivering decentralized applications and protocols directly on the BNB-chain.

In essence, Vingt.io is not a second layer (L2) implementation; instead, it serves as a decentralized application layer, offering users a one-stop-shop experience for various financial solutions within the BNB-chain environment. While currently built on BNB, Vingt.io has plans to go multichain in the future, expanding its support to multiple blockchain networks. Our goal is to bridge the gap between traditional investors and the DeFi market, creating a secure, decentralized, and profitable environment.

What is the difference between Vingt.io and VGT ?

Vingt.io represents a comprehensive ecosystem comprising several interconnected decentralized applications, operated though an AI network. VGT, the utility governance token associated with Vingt.io, serves as the linchpin connecting all of its products and services.

What is Vingt.io’s business model ?

At Vingt.io, our core objectives revolve around the development of an AI-based decentralized financial service, which is pivotal to our strategic vision. This service plays a foundational role in reshaping the cryptocurrency landscape by introducing advanced features and functionalities. In addition, we place a strong focus on creating an extensive network of digital assets using DeFi protocols, providing robust on-chain asset management solutions to cater to the diverse needs of crypto enthusiasts and investors. We are equally dedicated to expanding and enriching the overall crypto user base, achieved through the development of open-source products and the expansion of digital infrastructure. This approach leads to a more user-friendly and inclusive crypto ecosystem, ensuring that the benefits of blockchain technology are accessible to a wider audience.

In line with our mission, we strive to bridge the gap between traditional financial markets and the world of DeFi, offering investors a seamless transition into the realm of blockchain technology. This commitment reflects our dedication to opening up a world of opportunities for investors from conventional financial spaces and propelling the cryptocurrency industry toward even greater innovation and utility.

What problems did Vingt.io identified in this industry ?

In the cryptocurrency industry, Vingt.io has identified key challenges. These include a lack of decentralized, open-source, and permissionless protocols, which restrict innovation and collaboration. Additionally, inefficient integration of smart contract protocols with centralized asset management tools can hinder effective asset management. Investors face difficulties managing multiple digital assets due to the absence of cryptocurrency equivalents to traditional financial products. Moreover, the industry lacks a sufficient number of digital assets with legitimate use cases.

What are the solutions to these problems ?

To tackle these challenges, Vingt.io aims to establish a network of DeFi protocols for optimized on-chain digital asset management. This move is aimed at expanding Vingt.io's digital infrastructure, creating a bridge between traditional financial market investors and the DeFi space. By addressing these issues, Vingt.io is poised to bring greater utility and practicality to the industry.

Vingt.io is leading the charge in transforming the cryptocurrency landscape with a cutting-edge generative AI-based DeFi ecosystem. This ecosystem is designed to provide decentralized digital asset management, giving users the tools and insights they need for effective asset management while ensuring their security.

Furthermore, Vingt.io is committed to helping investors diversify their cryptocurrency holdings by offering blockchain-controlled Indexed products, similar to traditional indices like the S&P500. Our decentralized exchange with concentrated liquidity enhances the trading experience, ensuring ample liquidity for smooth on-chain transactions. Additionally, our fully decentralized on-chain interconnected Smart Contracts and self-custody wallets provide enhanced security and transparency. As part of this ecosystem, Vingt.io is also creating digital assets that are closely tied to its functions. These comprehensive solutions demonstrate Vingt.io's dedication to tackling industry challenges and bringing about an era of more efficient, secure, and diversified blockchain investments.

What are the use cases of Vingt.io products ?

The Vingt.io ecosystem comprises three core components, each demanding strategic and long-term solutions.

AI Framework: The core of the Vingt.io ecosystem is its AI Framework, which is empowered by Generative AI. This framework forms the foundational bedrock of our DeFi ecosystem, ushering in a new era of asset management through intelligent solutions. It leverages the power of Generative AI to revolutionize decentralized asset management, ensuring a seamless experience that mirrors centralized products while harnessing the benefits of decentralized protocols.

Ecosystem Protocols: Operating in conjunction with our AI Framework are a set of robust protocols that play a central role in our ecosystem. The Vingt.io Index and Strategy Protocol (VISP) is dedicated to decentralized asset management, creating blockchain collateralized digital assets. Additionally, VingtSwap V3, a third-generation AMM DEX, optimizes token swaps on EVM-based blockchains with concentrated liquidity, enhancing ecosystem efficiency. Moreover, the Smart Contract Automation Protocol (SCAP) streamlines transaction execution through smart contract automation, simplifying processes and reducing potential errors.

Ecosystem Resources: To further enhance the Vingt.io ecosystem, we provide valuable resources. V Labs takes on a pivotal role by identifying, incubating, and accelerating third-party AI-based DeFi projects, fostering an ecosystem ripe for innovation. In tandem, V Cube offers non-custodial wallet services designed to facilitate decentralized asset management, prioritizing both security and user-friendliness. Vingt.io remains steadfast in its commitment to creating a comprehensive AI-based DeFi ecosystem that ensures users enjoy a seamless, user-friendly experience akin to centralized products while benefiting from decentralized protocols. This dedication drives us to make decentralized asset management more accessible to all users.

What is the current stage in Vingt.io’s lifecycle ?

Vingt.io has transitioned beyond the initial build-up phase of development. We have successfully completed the planning phase, identifying critical issues within the industry that our ecosystem aims to address. During this phase, we have also pinpointed key stakeholders and defined comprehensive project objectives, thereby outlining the scope of our ecosystem.

One significant milestone in our journey is the successful completion of Vingt.io's flagship protocol, VISP. Both the backend code and front-end UI for VISP have been meticulously crafted and are fully functional. This accomplishment has enabled the creation of two vital components within our ecosystem: the Basket Index Token (BSK) and the Platform Index Token (PLT). Furthermore, we are making rapid progress on the backend development of VingtSwap V3 DEX, bringing us closer to its integration.

In summary, our ecosystem has advanced to the Beta Stage, representing a significant leap in our development. This progress reflects our commitment to delivering a functional product and moving steadily towards the realization of our vision.

What is the current status of VGT ?

VGT is preminted and has a total/max supply of 1 billion as a BEP-20 token. No new VGT token can be minted and would be the governance token for the entire Vingt.io Ecosystem. Currently VGT is not being traders on CEX or DEX but is available to early investors through participation in the seed round.

What does Vingt.io core team plans to do with the funds raised?

Vingt.io is actively seeking funding for our expansion and development, with the raised capital allocated strategically. We'll invest in Ecosystem and Blockchain Development (both front-end and back-end, including the app), Community Development (involving seminars and community meet-ups), Partnerships and Business Development, team expansion, Social Media Management (on platforms like Twitter, Discord, and Telegram), and costs associated with Expansion and Partnerships (CEX listings and collaborations). Additionally, funds are earmarked for Fees, Licenses, and Taxes to ensure full compliance. This structured approach underscores our commitment to Vingt.io's growth and development.