VFLOW Project Updates September 2024
Dear VFLOW Holders,
Welcome to our Project Updates Report for September 2024.
Coinstore
In our previous update we informed you about what happened during our launchpad and listing process at Coinstore. If someone has still their VFLOW Tokens there please contact us at support@vflow.ai or through our Discord Server. On BscScan we can still see 317403 VFLOW Tokens at the Exchange Hot Wallet. We have informed you through our previous announcement that the deadline was 8/7/2024.
In order not to leave any doubts to anyone that we are the major buyer of all the tokens sold on Coinstore check this link. This is our Reserve Wallet (also available on our site here). We moved back to this wallet almost 22M VFLOW Tokens from our Coinstore Account.
VFLOW Exchange
The VFLOW Exchange became operational on July 2024. You can access it here. Read the tutorial on how to use our exchange here.
It only supports the VFLOW/USDT Trading Pair on the Binance Smart Chain. If needed we will add more trading pairs for VFLOW.
You can open an account, verify your email and phone number and then move on with the KYC process and upload your passport and proof of address document.
For a successful KYC process please upload PDF files for your documents. For those who wish to upload their ID either scan both sides on the same PDF or upload in the system the one side and email us the other side at support@vflow.ai. Do not forget to mention your name so we can do the match making and approve your application.
From the 277 VFLOW Holders (BscScan Data) 92 so far are active on the exchange.
Till today only the Official VFLOW Account could sell VFLOW Tokens and the price of the token for the transactions that took place was 0.05 USDT. As announced in the previous update report the price of the VFLOW Token now is at 0.10 USDT.
Next Steps
Our technical team is working on launching the sell functionality for all users as we speak. We will announce the sell functionality when the process is completed in our social media.
So far 2M VFLOW Tokens sit on our Exchange.
When the announcement is out follow our tutorial here in order to place you buy or sell orders.
We would like to inform you that this is a Peer to Peer Exchange. This means that if you want to sell you will place your sell order and wait till another user buys your tokens. If you want to buy VFLOW tokens then you can either fulfill another user’s sell order or place your buy order at the price of your choosing.
Next Listing
We are in open discussions with two Tier1 Exchanges. We will notify you once we are ready to list on the next CEX Exchange. In order for this to take place we must be able as a project to showcase more token holders and more engagement and followers on X and more members on our Discord server. Our main focus and priority now is to create and drive new demand for the VFLOW Token to our own exchange.
Tokenomics and Business Model Redesign
Our team has worked very hard to redesign our tokenomics model and restructure our business model as well. You can read our new whitepaper here. One of the main innovation is the token burn mechanism. When a user pays for our services in VFLOW Tokens these tokens will be burnt and taken out of circulation.
Our services are actually addressing an audience of 12M Crypto Futures Traders that use bots and the total market size (for RWA, NFTs & DeFi) is 370B.
Our focus is:
- Promotion of the VFLOW Trading Engine to Trading Communities.
- Facilitation of Real World Asset Token offerings.
- Launch of our very own Sports NFTs Marketplace.
- Launch of our very own DeFi Stablecoin Vaults.
Action Plan
To succeed in creating demand for our services and token what we are working on is:
- We have started working with Funds that are currently testing our Trading Engine.
- We are interacting with a big Crypto Community in the MENA Region for promotion of our token and Trading Engine.
- We are also interacting with a big Crypto Community in Asia for promotion of our token.
- We will launch our very own Sports NFTs Marketplace by 10/10 (www.sportxnfts.com the site will be operational in the next days).
- We will launch the 1st NFT Collection of a two times Euroleague Basketball Legend by 10/10.
- During this week we will announce the exact date for the launch of our RWA Platform.
- Our Masterclass for the use of our Trading Engine is now available in English on our site.
- The DeFi Vaults are not operation yet. The exact date will be announced.
Staking Platform
The Staking Platform is live. You can access it here. We have one Vault available. The terms are:
5% APY and participation in the rewards annual airdrop connected to the VFLOW Services Sales Wallet.
320 Days Minimum Lock Up
1000 VFLOW Minimum Amount
5% Early-Withdrawal Fee in case you break the staking earlier than 320 Days
Currently 1.5M VFLOW Tokens sit on the staking platform.
VFLOW Services Ecosystem Status
We have heavily redesigned our services model. Here are the main changes:
Trading Engine
The VFLOW Trading engine is available to new users through our site here. It can only be purchased with VFLOW Tokens.
We offer support for the Trading Engine via email at support@vflow.ai and through our Discord Server.
The Software has been updated during July.
You can use the Trading Engine to connect it to Crypto Exchanges through Trading View and 3Commas. You can connect it to Funded Account Platforms through MetaTrader 5, Pine Connector and Trading View.
New tutorials will be published the coming days.
Trading Masterclass
We have launched our Trading Masterclass in English.
Here are the contents of the Masterclass.
Contents
-
- Section 1: Introduction to Crypto Futures
- Section 2: The Two Options for Automated Trading
- Section 3: Presentation of Trading Engine
- Section 4: Methodology for Creating a Bot with the Trading Engine
- Section 5: How to Create a Synthetic Bot
- Section 6: Creating Synthetic Long Only Bot and Short Only Bot
- Section 7: Settings for ETH Bots on OKX, Bybit, and FTMO
- Section 8: Connecting Bybit with 3Commas and Trading View
- Section 9: Connecting FTMO MT5 Pine Connector and Trading View
- Section 10: Connecting OKX with the Trading Engine
- Section 11: Manual Trading with the Trading Engine
- Section 12: Conclusions
Masterclass Description
The Masterclass in available in PDF Doc with Video Links. The Videos are in English and with English subtitles as well. We are going to promote the Masterclass heavily on Social Media and on Trading Live where we currently are in the Top 100 Influencers as VFLOW Services.
Through the Masterclass we teach our students how to design their own Bots but also share specific Bot presets for Bybit and OKX. Our students will be able to design and launch their own Bots and connect them with their Funded Accounts to pass their challenges and produce good results.
The cost of the Masterclass is set at 1500 USDT for lifetime access. It can be purchased only with VFLOW Tokens.
Live Trading and Technical Analysis Channel
We are stopping this service immediately. Live Trading and Technical Analysis services where never part of our whitepaper and they should not be offered through our ecosystem. VFLOW is a crypto services ecosystem and our main service for trading is the trading engine software. We are software providers. We will offer full support and guidance on how to use the Trading Engine of course to our users.
All trading related activities for our Greek Audience will be transferred to a third party. Check the links: here, here and here. This initiative is independent from the VFLOW Ecosystem but promotes the sales of the VFLOW Trading Engine. This is our first collaboration and we will follow the same model for other countries and other trading influencers.
VFLOW Bots Journal
After our work on the Masterclass we have redesigned our current Bots. In the next Project Updates Reports we will be sharing the results of:
Long and Short Bot (Bybit).
Long Only Bot (Bybit).
Short Only Bot (Bybit).
Long and Short Bot (OKX).
DeFi Smart Vaults
As shared in our previous report we are in the final steps of announcing a strategic collaboration with one of the leading Companies in the DeFi Space. The announcement will take place in the coming days.
We are working on the final details. We can also share that we will be creating a bridge so our Trading Engine can also work on DeFi Charts.
Looking Ahead: Strategic Partnerships and Community Safety
We’re on the lookout for strategic partners across various domains, from trading influencers to digital creators. Additionally, a reminder to our community: stay vigilant against phishing attempts, and remember, official airdrop information will always come directly from us.
Stay Connected
Follow us on our social media channels for real-time updates and insights. Your engagement fuels our journey forward.
X: https://twitter.com/vflowservices
TikTok: https://www.tiktok.com/@vflowservices
Instagram: https://www.instagram.com/vflowservices/
Facebook: https://www.facebook.com/vflowservices/
YouTube: https://www.youtube.com/@VFLOWServices
Telegram: https://t.me/vflowservices
LinkedIn: https://www.linkedin.com/company/vflow-services/
Trading View: https://www.tradingview.com/u/VFLOWServices/
Medium: https://medium.com/@vflowservices
Discord: https://discord.gg/cJbF3qzRBM
Conclusion
This update serves as a testament to our growth, ambition, and the unwavering support of our community. Here’s to a future filled with innovation, collaboration, and success.
The next Project Updates report will be published on 1/10/2024.