Weekly Report 2020 January #2

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In this weekly report (2nd Week of January 2020): Staked has officially become a supernode on V SYSTEMS, VSYS coin holders can now lease your VSYS coins to Staked to earn rewards! CryptoDiffer has evaluated the top staking projects. V SYSTEMS is now available on Floyx, an all-in-one social network platform that is designed for the crypto industry, join us now! Please read the full report below.

1. VSYS Blockchain Development

Mainnet Development

VSYS smart contracts are currently being developed further to support more advanced functionalities. There are several specific functions being developed:

A deposit / withdraw feature is currently being developed for VSYS smart contracts, this feature will allow smart contract users to store assets (both VSYS and tokens) within smart contracts and withdraw it whenever they wish.

A lock contract feature based on the deposit / withdraw function is being developed, users will be able to store VSYS or tokens on these contracts and lock these assets for some period of time.

New Opcode for smart contracts is being developed, these new features are based on the new deposit / withdraw feature and will enable a large number of new usages for smart contracts.

Utils Development

The V-Cloud Token service is currently in development, providing organisations 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.

The V-Cloud Token wallet is under development.

Integrated with General Bytes (Cryptocurrency ATM) is under consideration.

2. Global Community Updates

V SYSTEMS is Now Available on Floyx!

Floyx is an all-in-one privacy-based independent social network platform that provides ease of control for blockchain projects to build and interact with their community. Blockchain publishing platforms such as Floyx has transformed social media through censorship resistance, and everyone is in control of their data which also avoids manipulation of information in the crypto environment.

The team is now working on the mobile application. More versatile products will be launching in the future, with new functionalities that will interest all investors and people associated with the market.

Please follow us on Floyx now and start interacting with the greater crypto community.

CryptoDiffer Evaluated VSYS as One of the Top Staking Projects

CryptoDiffer is composed by a group of top ICO Experts. They provide the most up to date information about ICO projects including: token metrics, ratings, reviews, competitors, news and announcements.

Based on CryptoDiffer evaluation, VSYS is one of the most worth staking coins in terms of the estimated annualized rate of returns. In the future, VSYS team promise to work closely with different exchanges to make VSYS staking more accessible.

3. Supernode

Staked Officially Becomes a Supernode on V SYSTEMS

Staked has officially become one of the supernodes on the V SYSTEMS mainnet. Being supported by two of the biggest blockchain investment firms Coinbase and Pantera, Staked is famous for its staking service in the US that provides its users with the technical infrastructure for staking services.

VSYS coin holders can now lease their coins to Staked or other supernodes for coin minting, and receive minting rewards in return. Please view the Supernode Ranklist for more details.

4. Market Overview

Market Cap

VSYS is now ranked at #71 on CoinMarketCap, with a market cap of over US$57 million.

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Staking Rewards

This week, VSYS has gained an overall StakingRewards Score of 64.59% on stakingrewards.com. V SYSTEMS promises to maintain a healthy staking environment for all token users. With VSYS coins, you can easily enjoy the rewards from staking with just a few clicks. Take action now!

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