$ 0.0234 USD
$ 0.0234 USD
$ 8.352 million USD
$ 8.352m USD
$ 89,631 USD
$ 89,631 USD
$ 743,251 USD
$ 743,251 USD
356.285 million VOW
Issue Time
2021-09-17
Platform pertained to
--
Current coin price
$0.0234USD
Market Cap
$8.352mUSD
Volume of Transaction
24h
$89,631USD
Circulating supply
356.285mVOW
Volume of Transaction
7d
$743,251USD
Change
24h
0.00%
Number of Markets
33
Current Rate0
0.00USD
Markets3H
0.00%
1D
0.00%
1W
0.00%
1M
-1.12%
1Y
-71.81%
All
-85.1%
VOW, a registered trademark under the UK's Class 36 for “issuing valuable tokens,” is a cryptocurrency that redefines the conventional understanding of digital assets. Vow Limited, based in Jersey, is on a mission to launch, develop, and decentralize the Vow ecosystem, with VOW being the digital currency at its core.
At its core, VOW operates as both a voucher currency and a token, leveraging blockchain technology to create a distinct economic model that incentivizes the adoption of cryptocurrency in retail. The project is spearheaded by a team with extensive experience in payments, loyalty programs, and digital currencies.
The ecosystem's primary function lies in its ability to enable retailers to issue vouchers priced in various currencies (such as v$, v£, v€) by locking Vow tokens in smart contracts. These vouchers can be issued at a value up to five times the locked token value, offering consumers significant discounts. This mechanism is supported by a second-layer solution that ensures instant, gas-free transactions between end-users and retailers, addressing two major barriers to cryptocurrency adoption: volatility and transaction speed.
Furthermore, Vow introduces a decentralized approach to voucher creation, allowing retailers to mint and distribute their own voucher currencies. This not only stimulates sales but also requires retailers to accept the voucher currency as a discount on their products and services, creating a self-sustaining cycle of demand and supply within the ecosystem.
By decentralizing currency issuance and focusing on the practical use of cryptocurrency in retail environments, Vow aims to catalyze a shift towards true cryptocurrency acceptance. Its innovative token economic model promises to address key challenges such as volatility, transaction speed, and lack of demand, potentially revolutionizing the retail and cryptocurrency landscape.
Projecting the future for Vow (VOW), the cryptocurrency is anticipated to experience a broad range of price movements. By 2030, VOW is expected to fluctuate between a high of $1.21 and a low of $0.09317, indicating a potential peak and trough for the year. Advancing to 2040, our predictions forecast a trading range for VOW from a minimum of $0.002269 to a maximum of $0.8608. Finally, by 2050, technical analysis suggests Vow could see its prices range from a minimum of $0.003318 to a maximum of $0.8168, with an anticipated average trading cost of around $0.08535.
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