Verta.Cloud
EN Verta Cloud
EN Verta Cloud
  • Mission
  • Products
  • Tokenomics
  • Token Usage
  • Staking
  • Dynamic Burning Model
  • Roadmap
  • Resources
Powered by GitBook
On this page

Tokenomics

PreviousProductsNextToken Usage

Last updated 4 months ago

VERTA Token

VERTA is a deflationary utility token built on the Binance Smart Chain (BSC). It serves as the economic backbone of the VERTA.CLOUD business platform, offering a reliable financial framework for companies.

Key Token Features

  • Token Name: Join Verta Cloud Token (VERTA)

  • Symbol: VERTA

  • Token contract: 0x405E90384b4A928eD3899AB7250e05aD553085Ac

  • Total Supply: 10,000,000

  • Blockchain: Binance Smart Chain (BEP-20 standard)

  • Deflationary Model: Total token supply decreases over time through a burning mechanism.

  • Emission: Fixed supply with no further issuance.

Tokenomics

Token Allocation

  • 60%: Public sale and circulation during later development stages.

  • 20%: Staking rewards fund.

  • 10%: Team and platform development.

  • 10%: Airdrop for the initial community.

Three Key Benefits of the VERTA Token

  1. Staking and Rewards

    • Tokenomics include staking options for passive income generation.

    • A dedicated token reserve ensures timely investor rewards.

  2. Dynamic Burning Mechanism

    • A portion of tokens is burned with each transaction, reducing the total supply over time.

    • This creates scarcity, increasing the token's value.

  3. Payment within the VERTA.CLOUD Ecosystem

    • The token is used for paying gas fees and accessing platform services.

    • This ensures ongoing demand and real utility for the token.

The VERTA token combines an innovative burning model, ecosystem utility, and staking benefits, making it a reliable long-term investment and usage tool.

Transparency

The VERTA smart contract is audited and publicly accessible on the Binance Smart Chain Explorer. All token transactions are transparent, fostering trust and security.

https://verta.cloud