Weekly Report 2019 October #4

In this weekly report (4th Week of October 2019): Tachyon Protocol has initiated its first airdrop. V SYSTEMS will co-host The Capital Warm-up Party on 11 Nov. The Peercoin Team has launched a candidate node “Peercoin VPool”. 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.

Other smart contract functions are under design process.

An event trigger feature is being developed, users will be able to set Event rules on nodes and listen to event changes. Rules can be customized and actions can be taken according to any events, such as changes in minting status, or balance of a node/account.

Utils Development

The V Cloud Token service is currently in development, which provides 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 simply by using this service.Cold Wallet has been updated and minor issues have been fixed.Web Hot Wallet has been refactored to improve the SDK’s logic, and is in its final stages before it is updated.Trezor wallet app is under development.A tool for easy smart contract deployment is currently being developed for public usage.

2. Global Community Updates

Tachyon Protocol Airdrop

Tachyon Protocol has initiated its first airdrop to give out $6200 VSYS Coins for the first 4000 participants. The airdrop campaign commenced on 21st Oct and will end on 16th Nov. Please click through to earn extra VSYS coins.

The Capital Warm-up Party

The CoinMarketCap Global Conference on November 12–13 is coming soon!To get everyone ready for the conference, V SYSTEMS will co-host a Warm-up Party with OceanEx, Vechain, Crypto.com and CoinMarketCap on 11th November 2019, 6pm — 10pm. Please come join us at Smoke & Mirrors and meet our team. Tickets are limited, sign up now!

VSYS Interview by Hashoshi From Crypto YouTube

Our Business Development Director David Jefferys was interviewed by Hashoshi From Crypto YouTube, a blockchain and cryptocurrencies enthusiast. Please watch the video below to learn more about us.

3. SupernodePeerCoin VPool

We are excited to announce that the Peercoin team has launched a candidate node called “Peercoin VPool” on V SYSTEMS to support our ecosystem development. Please click through to learn more.

4. Market OverviewMarket Cap

VSYS is now ranked at #51 on CoinMarketCap, with a market cap of over US$95 million.

Screenshot from CoinMarketCap on 25 Oct 2019

Staking Rewards

This week, VSYS has remained at #9 on stakingrewards.com. With a total staking value of approximately US$94 million 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!