The number of people relocating from rural areas to urban areas is becoming increasingly alarming. Of course, you wouldn’t blame such people; they are in search of greener pastures but what of the environmental hazards that come with urbanization? Every day, the world is faced with various environmental threats caused by poor waste disposal systems and high energy consumption. The effect of this is the world acclaimed “Global Warming” and health hazards. The solution to these issues could be to reduce air pollution by the use of cleaner gases, provide proper waste disposal services, etc. What if I told you that there is a blockchain based project that can provide such solutions and more?
VECTORIUM is a blockchain based project aimed at solving the increasing waste generation and management problem. They plan to do this by introducing the Waste to Coin (WtC) process. This process involves generating electricity and cryptocurrency from waste through the process of sublimation to produce fuel commodities such as methane, synthetic fuels, ethanol, etc.
OBJECTIVE OF THE PROJECT
They plan to implement a “Zero-emissions process” by turning biomass into energy and crypto carbon certificates with the combined blockchain and AI technology.
VECTORIUM ECOSYSTEM
• NEW ELECTRICITY DISTRIBUTION SYSTEM: this is a digitalized electricity distribution system based on blockchain technology and smart contracts which will help to facilitate the energy flow directly from plants to the various peripheral nodes regardless of the quantity needed or consumed. Also, the system makes it possible to provide electricity without interruptions and reduce the cost drastically using one of the platform’s coins, Vectorium Flash which is generated by solo mining. In the future, Vectorium transmission system will be without wires, middlemen, transmission and sub transmission lines, hidden costs, etc.
• MICRO-GRID: when two or more consortiums or producers come together to form a group of “prosumers”, it is called MICRO-GRID. Apart from optimizing the sale and production of electricity, consortia will be able to benefit from using their own enegy while mining Vectorium Flash.
• VECTORIUM ISLANDS: this is a place where consortiums produce renewable energy by combining wind, solar and waste using blockchain technology and AI following the WtC process. They also produce cyryptocurrencies in the islands. The core of each island will be the BREATH system which uses the process of sublimation to produce electricity.
• CRYPTO CARBON CREDITS: crypto carbon credits is validated through the validation and holding of VectoriumFlash (VECT).
• UTILITIES: these are top-rated energy suppliers who have the highest interest in sustainability.
VECTORIUM ECOSYSTEM COINS
• VECTORIUM FLASH: The VectoriumFlash coin (VECT) is the main asset of the ecosystem and a minable coin based on a new blockchain technology. It also implements the sapling and overwinter security support. The coin also enables super fast transactions of less than 0.12 milliseconds and can be burned in actual power.
• VECTORIUM PLUS: The VectoriumPlus (VCTP) is a green convertible coin based on the latest blockchain technology that allows users to store amounts of value. The coin is environmentally friendly and strictly tied to Vectorium’s consortiums. In addition, users can earn up to 20% stake yearly and could own part of a Vectorium island after 4 years.
VECTORIUM COIN SALE
The coin sale will be in three phases which will run from the 1st of July 2019 to the 15th of February 2020. The soft cap is set at $1.5 million while the hard cap is $220 million at the price rate of $1 per VCTP. The total amount of tokens supplied is 500,000,000.
TOKEN DISTRIBUTION
Pre-CGE and CGE purchasers- 40%
Reserve- 40%
Development team and founders- 15%
Advisors, capital raising fees, initial marketing- 5%
VECTORIUM MILESTONE
SEP 2017- Vectorium idea
NOV 2018- Kickstart
DEC 2018- Analysis and coding
JAN 2019- Patents and whitepaper
FEB 2019- Miner containers design
FEB 2019- Team completed
FEB 2019- 3D Model Vectorium Island
MAR 2019- Institutional meetings
MAR 2019- Vectorium Consortium
MAR 2019- Blockchain finalized
APR 2019- Wallet, web and miners
MAY 2019- Fundraising
JUL 2019- Vectorium lusted on exchange
AUG 2019- First Vectorium island project delivered
SEP 2019- Vectorium consortium set up
DEC 2019- First Vectorium Ecosystem
MAR 2020- First Vectorium islands initialized
JUN 2020- Capitalisation of vectorium equities structure
SEP 2020- First 5 islands completed
DEC 2020- First 15 islands completed
2022- 100 Vectorium islands completed
2024- 300 Vectorium islands completed
TEAM
Enea Benedetto: CEO & Founder
Andres Palacio Restrepo: Energy-technology leader
Mario Aprà: Blockchain Intellectual Property
Pietro Farese: Chief Financial Officer
Michele Sburlino: CTO and Head of Project development
Nicola Bertelli: Blockchain Dev
PARTNERS
MIT Italia
Revolution Chain
BenediXit
Indacoin
The Vectorium project is aimed at converting the waste products that cause environmental hazards into cleaner gases and electricity thereby improving the overall health of the society at large. Take advantage of this opportunity and be part of this community. To learn more about this project, please click on the links below:
WEBSITE: https://www.vectorium.co/
WHITEPAPER: https://www.vectorium.co/wp-content/uploads/2019/07/Vectorium-Whitepaper.pdf
TELEGRAM: https://t.me/VectoriumProject
FACEBOOK: https://www.facebook.com/Vectorium-516349048768966/
TWITTER: https://twitter.com/VectoriumSocial
BITCOINTALK USERNAME: ogtejiri
BITCOINTALK PROFILELINK: https://bitcointalk.org/index.php?action=profile;u=1790132
ETHEREUM ADDRESS: 0x33E8810b5432ccD823b6c45975A55Fb9F6c931D6
