Weekly Report 2019 October #2

In this weekly report (2nd Week of October 2019): OKEx Pool has launched the VSYS staking service. Masters of Nodes reviewed V SYSTEMS. Please read the full report below.

1. VSYS Blockchain Development

Mainnet Development

VSYS smart contracts currently allows users to easily create their own tokens, and token transactions are validated on the underlying blockchain. The usages of the tokens can be defined by the creator of the tokens whether it be a form of financial instrument, electronic money, or token of utility. The tokens support basic functions such as issuing, sending and destroying, as well as some advanced features such as split/reverse, which is analogous to the stock split in the financial world.Several bugs were fixed for known issues in VSYS version 0.2.2

Utils Development

The V-Cloud Token service is currently in development, which will be able to provide organizations with an extremely easy way of integrating with the VSYS blockchain. Token issuers who wish to quickly and easily set up a token with pre-built applications can do so using this service.VSYS Web wallet has carried out some UI updates to improve its user friendliness of managing token transactions.Trezor wallet app is currently being developed.A tool for easy smart contract deployment is currently being developed for public usage.

2. Global Community Updates

OKEx Pool Staking Service’s Promotion

To celebrate the launch of VSYS staking service, OKEx is now offering a promotion, that allows its users to get up to 30.28% estimated annualised yield. The promotion starts at 18:00 Oct 9 and ends at 18:00 Oct 16, 2019 (CEST, UTC+2). Don’t miss the opportunity and happy staking. Read here for more details.

Masters of Nodes

In this week, Masters of Nodes, one of the leading cryptocurrency news-based websites has given V SYSTEM an insightful review. According to the review, VSYS will be a part of the upcoming web 3.0 economy by removing the barriers restricting development and providing all the necessary tools and technology for developers. Please click here to read the full article.

The Capital by CoinMarketCap

V SYSTEMS is glad to be the Diamond Sponsor of the Capital by CoinMarketCap happening on November 12–13 in Singapore. Our Chief Architect Sunny King will also be speaking at the conference with Brandon Chez, the founder of CoinMarketCap. We look forward to seeing you, please click here for registration.

3. SupernodeOKEx Pool

OKEx Pool has launched the VSYS staking service at 9:00 Oct 9, 2019 (CEST, UTC+2). VSYS coin holders can now have more options to earn your minting rewards easily. Click through to learn more.

4. Market OverviewMarket Cap

VSYS is now ranked at #39 on CoinMarketCap, with a market cap of over US$144 million.

Screenshot from CoinMarketCap on 11 Oct 2019

Staking Rewards

This week, VSYS has remained at #9 on stakingrewards.com. With a total staking value of approximately US$1.49 billion and an overall StakingRewards Score of 88%. V SYSTEMS has maintained a healthy staking environment for all token user. With VSYS coins, you can easily enjoy the rewards from staking with just a few clicks. Take action now!