Forwarded from Chad Justice
Decentralized Identity … Part 2
We believe Self-Sovereign Identities are going to become a critical element of maneuvering as a consumer across web3 decentralized applications. We are building for that now.
We also believe our approach here will position us strategically for the tokenized securities wave coming within the traditional markets. KYC requirements are very thorough and we will need to maintain a strict security protocol to maintain compliance with securities regulations.
You will establish and manage your CyberID within our Vitreus App. CyberID will maintain TWO layers of KYC on a Controllable Electronic Record (CER) in your wallet —>
✔️ L1 - Network Access Control (NAC) *Required
✔️ L2 - Verified KYC *Not Required
Network Access Control (NAC) —>
This is our most basic profile of data similar to opening a non-verified account on an exchange. It is an established profile that carries various credentials and permissions for the entire Vitreus ecosystem. It will be required for maintaining an account with Vitreus.
Verified KYC —>
This is an 11-regulation, globally compliant, self-sovereign ID that can be used like a TSA Pre-check… open new accounts with institutions nearly immediately while maintaining full control over your identifying information.
Stay tuned for more information… thanks everyone!
We believe Self-Sovereign Identities are going to become a critical element of maneuvering as a consumer across web3 decentralized applications. We are building for that now.
We also believe our approach here will position us strategically for the tokenized securities wave coming within the traditional markets. KYC requirements are very thorough and we will need to maintain a strict security protocol to maintain compliance with securities regulations.
You will establish and manage your CyberID within our Vitreus App. CyberID will maintain TWO layers of KYC on a Controllable Electronic Record (CER) in your wallet —>
✔️ L1 - Network Access Control (NAC) *Required
✔️ L2 - Verified KYC *Not Required
Network Access Control (NAC) —>
This is our most basic profile of data similar to opening a non-verified account on an exchange. It is an established profile that carries various credentials and permissions for the entire Vitreus ecosystem. It will be required for maintaining an account with Vitreus.
Verified KYC —>
This is an 11-regulation, globally compliant, self-sovereign ID that can be used like a TSA Pre-check… open new accounts with institutions nearly immediately while maintaining full control over your identifying information.
Stay tuned for more information… thanks everyone!
Forwarded from Chad Justice
User Nodes & Energy … Part 3
The power grid contains both Core Nodes and User Nodes… For sake of conversation today, let’s get into the “User” nodes a little bit deeper because these are the important network creating nodes that token holders will use to generate energy as well as future governance of the blockchain once transitioned to a DAO.
As I discussed yesterday, if you would like to profit from staking, you will need to establish a node for yourself. You will either program your own node at home using an old computer for example, or you may purchase a pre-programmed V-Node Pak from us off the website. We are working with Western Digital to design a piece of hardware that is powerful yet low cost and is immediately ready to plug in and connect to your Vitreus App (Part 4).
Once you have your node installed, you will stake your tokens to your node using your Vitreus App. Initial energy production designs (still testing other ways) are based on quantity of tokens staked rather than number of nodes you have, so barring any new energy production enhancements that would make the case for a pivot to a different model, we will strive to keep tokenholder costs as low as possible by requiring only 1 node for all of your tokens no matter the amount token you have.
The power grid contains both Core Nodes and User Nodes… For sake of conversation today, let’s get into the “User” nodes a little bit deeper because these are the important network creating nodes that token holders will use to generate energy as well as future governance of the blockchain once transitioned to a DAO.
As I discussed yesterday, if you would like to profit from staking, you will need to establish a node for yourself. You will either program your own node at home using an old computer for example, or you may purchase a pre-programmed V-Node Pak from us off the website. We are working with Western Digital to design a piece of hardware that is powerful yet low cost and is immediately ready to plug in and connect to your Vitreus App (Part 4).
Once you have your node installed, you will stake your tokens to your node using your Vitreus App. Initial energy production designs (still testing other ways) are based on quantity of tokens staked rather than number of nodes you have, so barring any new energy production enhancements that would make the case for a pivot to a different model, we will strive to keep tokenholder costs as low as possible by requiring only 1 node for all of your tokens no matter the amount token you have.
Forwarded from Chad Justice
Some critical details about nodes and energy production:
• The energy sold back to the grid cannot be resold and can only be used for its intended purpose, powering Core Nodes.
• Each node has a maximum amount of energy that can be generated, and if it is not sold or burned across the ecosystem, no new production will take place. We call this “idle energy”. Maintaining flow of energy around the grid is very important.
• The amount of power generated is independent of the price of the VTRS.
• The price of Energy is also independent of the price of VTRS. (More to come on energy pricing)
• The total amount of energy generated is independent of the number of transactions in a block and is fixed, but can be adjusted by community vote.
• The user will be able to sell their extracted energy, determining the price for themselves based on a demand based formula.
• As new businesses are added, the demand for energy will increase, and so will the production generated per unit of staking.
• If the user does not hold the node well or disconnects it, the slashing mechanism is activated against the node, which reduces the size of his rewards.
• The energy sold back to the grid cannot be resold and can only be used for its intended purpose, powering Core Nodes.
• Each node has a maximum amount of energy that can be generated, and if it is not sold or burned across the ecosystem, no new production will take place. We call this “idle energy”. Maintaining flow of energy around the grid is very important.
• The amount of power generated is independent of the price of the VTRS.
• The price of Energy is also independent of the price of VTRS. (More to come on energy pricing)
• The total amount of energy generated is independent of the number of transactions in a block and is fixed, but can be adjusted by community vote.
• The user will be able to sell their extracted energy, determining the price for themselves based on a demand based formula.
• As new businesses are added, the demand for energy will increase, and so will the production generated per unit of staking.
• If the user does not hold the node well or disconnects it, the slashing mechanism is activated against the node, which reduces the size of his rewards.
Forwarded from Chad Justice
-Fixed launch price of $0.05. Each stage maintains a discount to the launch price.
-10 stages, with each stage getting a progressively larger allocation and smaller discount.
-2 weeks maximum on each stage
-If stage fills early, it will close until the next stage opens.
-Any unsold tokens on each stage get moved to the Stage 10 allocation.
-We will determine a course of action on Stage 10 at that time. Possibilities will include wholesale on a LPad like Pinksale/DexTools or similar, a token burn, or allocated to staking… or a combination of all. We will make the decision at that time based on conditions on how we need to handle.
-10 stages, with each stage getting a progressively larger allocation and smaller discount.
-2 weeks maximum on each stage
-If stage fills early, it will close until the next stage opens.
-Any unsold tokens on each stage get moved to the Stage 10 allocation.
-We will determine a course of action on Stage 10 at that time. Possibilities will include wholesale on a LPad like Pinksale/DexTools or similar, a token burn, or allocated to staking… or a combination of all. We will make the decision at that time based on conditions on how we need to handle.
Forwarded from Chad Justice
📣 ANNOUNCEMENT!! If you purchase 300,000 VTRS or more in the Pre-Sale, you will be eligible for a FREE vNode!! Accumulate throughout all 10 stages and still qualify.
Forwarded from Chad Justice
📣INTRODUCING A BRAND NEW CONSENSUS!!!
Collaborative Proof of Stake (CPoS)
✅ BUY a vNode,
✅ LIST your vNode in the Collaborative Marketplace,
✅ MARKET & GROW your vNode business,
✅ OPERATE your vNode business,
✅ SELL your vNode validation business
Don’t want to operate a vNode???? Then visit the marketplace, choose the best vNode for you, join, stake and earn your staking rewards!!! Yes, you can still elect VIP. 🎉
THIS IS THE VITREUS WAY!!!
COLLABORATION AT ITS FINEST!!!! LETS GO!!!
Collaborative Proof of Stake (CPoS)
✅ BUY a vNode,
✅ LIST your vNode in the Collaborative Marketplace,
✅ MARKET & GROW your vNode business,
✅ OPERATE your vNode business,
✅ SELL your vNode validation business
Don’t want to operate a vNode???? Then visit the marketplace, choose the best vNode for you, join, stake and earn your staking rewards!!! Yes, you can still elect VIP. 🎉
THIS IS THE VITREUS WAY!!!
COLLABORATION AT ITS FINEST!!!! LETS GO!!!
Forwarded from Jaren | Crypto Rabbit 🐰
📣Please join us for an official multi platform #Vitreus Tech Talk this Friday!
We will be joined by some very special guests, our #blockchain partner, Innowise Group to discuss vNodes, our Blockchain, and our upcoming #presale!
We can not wait to connect with you all!
We will be joined by some very special guests, our #blockchain partner, Innowise Group to discuss vNodes, our Blockchain, and our upcoming #presale!
We can not wait to connect with you all!
Forwarded from Jaren | Crypto Rabbit 🐰
Welcome to the Vitreus Power Grid - a high level explanation of the Vitreus Power Gird, Staking, vNODES and the Power Plant.
This is the first video in our new educational series spearheaded by our new Director of Community Education Drew!
https://youtu.be/wtYBC6SaZLs
This is the first video in our new educational series spearheaded by our new Director of Community Education Drew!
https://youtu.be/wtYBC6SaZLs
YouTube
VTRS, The Power Plant & The Power Grid - VITREUS Education
A high level explanation of the Vitreus Power Grid, Staking, vNODES and the Power Plant.
VITREUS OFFICIAL LINKS & SOCIAL MEDIA
Website
http://vitreus.io
Discord
https://discord.gg/vitreus
LinkedIn
https://www.linkedin.com/company/vitr...
Telegram (Chat)…
VITREUS OFFICIAL LINKS & SOCIAL MEDIA
Website
http://vitreus.io
Discord
https://discord.gg/vitreus
https://www.linkedin.com/company/vitr...
Telegram (Chat)…
Forwarded from Jaren | Crypto Rabbit 🐰
📣 Join us this Thursday for an official #Vitreus Deep Dive on Twitter Spaces!
We are thrilled to have our Chief Legal Officer, Anessa Allen Santos, as a special guest. Together, we will delve into the topic of compliance and our upcoming presale.
Excited to connect with you all!
We are thrilled to have our Chief Legal Officer, Anessa Allen Santos, as a special guest. Together, we will delve into the topic of compliance and our upcoming presale.
Excited to connect with you all!
Set your reminder for today's Vitreus Deep Dive! https://twitter.com/i/spaces/1LyGBqamyRjKN
Twitter
Scheduled: Vitreus Deep Dive with Special Guest
Vitreus’s Space · Where live audio conversations happen
Forwarded from Chad Justice
Thank you everyone for your patience today as we work through the WalletConnect issues. We have made the decision to postpone our Pre-sale Launch due to Trust Wallet connection issues within WalletConnect. It would be unfair to our US holders, who heavily use TW, to launch this pre-sale without a Trust Wallet connectivity option as we want a fair and clean experience for everyone. We will announce the rescheduled date and time as soon as we have determined. It will likely be next weekend, but stay tuned.
NOTE— for any of you holding ETH, you may consider moving to USDC to avoid any market risk in the meantime.
NOTE— for any of you holding ETH, you may consider moving to USDC to avoid any market risk in the meantime.
Forwarded from Chad Justice
Please see the updated date and time for the opening of the Presale this weekend. 👆🏻
NOTE: Stage 1 will be shortened by a week. Every other stage will remain on schedule as originally scheduled. Let us know if you have any questions! Thanks 🙏🏻
NOTE: Stage 1 will be shortened by a week. Every other stage will remain on schedule as originally scheduled. Let us know if you have any questions! Thanks 🙏🏻
Forwarded from Jaren | Crypto Rabbit 🐰
Vanguards,
We have received our NFT Contract Audit back from Solid Proof!
I have linked it below for those who are interested!
https://github.com/solidproof/projects/tree/main/VITREUS
We have received our NFT Contract Audit back from Solid Proof!
I have linked it below for those who are interested!
https://github.com/solidproof/projects/tree/main/VITREUS
GitHub
projects/VITREUS at main · solidproof/projects
Contribute to solidproof/projects development by creating an account on GitHub.
Forwarded from Jaren | Crypto Rabbit 🐰
📣Please join us for an official multi-platform #Vitreus Tech Talk this Thursday!
We will be joined by a very special guest, Western Digital, to discuss our vNode architecture, technology, and manufacturing!
We can not wait to connect with you all! And bring a friend!
We will be joined by a very special guest, Western Digital, to discuss our vNode architecture, technology, and manufacturing!
We can not wait to connect with you all! And bring a friend!
Forwarded from Chad Justice
Media is too big
VIEW IN TELEGRAM
Today, I want to introduce you to a VERY special addition to our team and Board of Directors, Brian Harrell. Brian will be a CRITICAL component in helping to oversee the eChain development project for Vitreus/Collaborative Digital. He will serve a very important introduction and networking function to other energy companies once we are market ready. He knows EVERYONE!!!
Brian’s background is incredibly impressive!!!
- In 2018, President Trump appointed Mr. Harrell to become assistant secretary of the U.S. Department of Homeland Security Office of Infrastructure Protection,
- Brian has served as Managing Director of Enterprise Security at the Duke Energy Corporation.
- He’s Headed the Critical Infrastructure Protection Programs at the North American Electric Reliability Corporation (NERC), the regulating body for the energy sector.
- He Served in the U.S. Marine Corps.
- Master's degree in Homeland Security from the Pennsylvania State University.
Brian CURRENTLY serves as Chief Information Security Officer at AvanGrid
- headquartered in Orange, CT
- In 24 US states
- $41 BILLION in assets
- 3.3 million electric/natural gas customers
- 3rd Largest Renewable Energy Co
- 7600 employees
We will be using AvanGrid as the beta design for eChain, creating the product for exactly what their needs are — Risk management…. Which is exactly what the rest of the industry’s needs are. They will also beta test the eChain. While there are no customer agreements in place currently, there shouldn’t be yet. It’s too early. But we DO expect there to be in due time. Western Digital will be a critical component in that implementation.
Buy Buy Buy Vanguards. THIS is how you grow a billion dollar company!! LETS GOO!!! 🚂🚂
Brian’s background is incredibly impressive!!!
- In 2018, President Trump appointed Mr. Harrell to become assistant secretary of the U.S. Department of Homeland Security Office of Infrastructure Protection,
- Brian has served as Managing Director of Enterprise Security at the Duke Energy Corporation.
- He’s Headed the Critical Infrastructure Protection Programs at the North American Electric Reliability Corporation (NERC), the regulating body for the energy sector.
- He Served in the U.S. Marine Corps.
- Master's degree in Homeland Security from the Pennsylvania State University.
Brian CURRENTLY serves as Chief Information Security Officer at AvanGrid
- headquartered in Orange, CT
- In 24 US states
- $41 BILLION in assets
- 3.3 million electric/natural gas customers
- 3rd Largest Renewable Energy Co
- 7600 employees
We will be using AvanGrid as the beta design for eChain, creating the product for exactly what their needs are — Risk management…. Which is exactly what the rest of the industry’s needs are. They will also beta test the eChain. While there are no customer agreements in place currently, there shouldn’t be yet. It’s too early. But we DO expect there to be in due time. Western Digital will be a critical component in that implementation.
Buy Buy Buy Vanguards. THIS is how you grow a billion dollar company!! LETS GOO!!! 🚂🚂
Forwarded from Chad Justice
📣 vNode Part 2 — Set-Up + Staking Rewards
GET PAID to validate transactions for the GLOBAL Vitreus Network!!
⚜️ Simple Set-Up ~>
- Remove your vNode from its box
- Plug the unit into a power source
- Plug Ethernet To modem/router
- Open vApp and connect to unit
(There is a QR code on the box that can be scanned for an easy step-by-step tutorial)
⚜️ Staking Rewards ~>
A vNode is required for staking. You’ll either operate your own, or join someone else’s through the…
COLLABORATIVE STAKING MARKETPLACE
🔥 Collaborative Staking Pools (CSPs) ~> Smart Contracts to allow vNode Operators to recruit additional stakers to their vNode and manage the sharing of rewards amongst the pool of users. Essentially turning your vNode into a mini-business.
Your Vitreus Staking rewards come in 2 different forms:
1️⃣ vEnergy VNRG — your staked VTRS tokens are used to produce vEnergy for the entire network. TRUE UTILITY. You may opt to exchange your VNRG for VTRS tokens or keep it to pay for services across the ecosystem. (See video for example of calculation)
PLUS
2️⃣ Vitreus Incentives Program (VIP) — an optional program that staked holders may elect to participate in for 12 months at a time. Allows the holder to participate in a rewards pool that is funded from payments from the parent software company, Collaborative Digital Innovations, Inc. These payments are for a long term commitment from the holder to stabilize the network. VIP Pool funding is equal to 3% of gross revenues from CDI, Inc.
‼️ Qualify for a FREE vNode by purchasing 300,000 VTRS in the pre-sale which is OPEN NOW!!
‼️ SEPTEMBER 6 at 10am EST — Preorders for vNodes open to the public. First come First serve.
We. Are. Vitreus.
LETS GOOO!! 🚂🚂🚂
https://youtu.be/d39HDHltIm8
GET PAID to validate transactions for the GLOBAL Vitreus Network!!
⚜️ Simple Set-Up ~>
- Remove your vNode from its box
- Plug the unit into a power source
- Plug Ethernet To modem/router
- Open vApp and connect to unit
(There is a QR code on the box that can be scanned for an easy step-by-step tutorial)
⚜️ Staking Rewards ~>
A vNode is required for staking. You’ll either operate your own, or join someone else’s through the…
COLLABORATIVE STAKING MARKETPLACE
🔥 Collaborative Staking Pools (CSPs) ~> Smart Contracts to allow vNode Operators to recruit additional stakers to their vNode and manage the sharing of rewards amongst the pool of users. Essentially turning your vNode into a mini-business.
Your Vitreus Staking rewards come in 2 different forms:
1️⃣ vEnergy VNRG — your staked VTRS tokens are used to produce vEnergy for the entire network. TRUE UTILITY. You may opt to exchange your VNRG for VTRS tokens or keep it to pay for services across the ecosystem. (See video for example of calculation)
PLUS
2️⃣ Vitreus Incentives Program (VIP) — an optional program that staked holders may elect to participate in for 12 months at a time. Allows the holder to participate in a rewards pool that is funded from payments from the parent software company, Collaborative Digital Innovations, Inc. These payments are for a long term commitment from the holder to stabilize the network. VIP Pool funding is equal to 3% of gross revenues from CDI, Inc.
‼️ Qualify for a FREE vNode by purchasing 300,000 VTRS in the pre-sale which is OPEN NOW!!
‼️ SEPTEMBER 6 at 10am EST — Preorders for vNodes open to the public. First come First serve.
We. Are. Vitreus.
LETS GOOO!! 🚂🚂🚂
https://youtu.be/d39HDHltIm8
YouTube
The Vitreus vNode & Staking Rewards
Forwarded from Chad Justice
Good morning ☕️☕️ —>
Stage 4??? Say goodbye to it. It’s getting burned. ALL of it. 20 million tokens + 5 million of LP… Gone.
New total supply will be 975,000,000.
As I’ve said all along, taking care of our early believers is of utmost importance to this team.
One of the ways we can take care of our early believers is a reduction in token supply by burning unneeded tokens. This translates into a larger ownership:supply ratio for each holder who already owns VTRS. And it does so without diluting the value of their token bag.
As we begin the second week of Stage 3 today, 50% of the stage has been sold, and we remain on course to roll any unsold tokens from stage 3 to stage 10 as planned.
But, once stage 3 closes, there will be a 2-week closure of the Presale until Stage 5 opens as planned on August 12.
If you plan on getting in, I’d recommend you do it this week. We are building at the speed of light and look forward to the deliveries and demos that will be coming during TestNet in mid to late August when we reopen Presale.
Have a wonderful Sunday, Vanguards! 🫡
Stage 4??? Say goodbye to it. It’s getting burned. ALL of it. 20 million tokens + 5 million of LP… Gone.
New total supply will be 975,000,000.
As I’ve said all along, taking care of our early believers is of utmost importance to this team.
One of the ways we can take care of our early believers is a reduction in token supply by burning unneeded tokens. This translates into a larger ownership:supply ratio for each holder who already owns VTRS. And it does so without diluting the value of their token bag.
As we begin the second week of Stage 3 today, 50% of the stage has been sold, and we remain on course to roll any unsold tokens from stage 3 to stage 10 as planned.
But, once stage 3 closes, there will be a 2-week closure of the Presale until Stage 5 opens as planned on August 12.
If you plan on getting in, I’d recommend you do it this week. We are building at the speed of light and look forward to the deliveries and demos that will be coming during TestNet in mid to late August when we reopen Presale.
Have a wonderful Sunday, Vanguards! 🫡
Forwarded from Chad Justice
🔐🔒 SECURITY 🔒🔐
YES!! We take the security of your digital assets VERY seriously.
🔅 Biometric credentials…
🔅 Facial Recognition credentials…
🔅 20 word seed credentials…
🔅 and much much more…
VitreusChain employs a proprietary Network Access Credential™ (NAC) architecture that maintains an unmatched level of security through the most advanced technologies available today.
IMPENETRABLE
Product testing will survive the most ROBUST penetration testing from some of the world’s most prolific “hackers.”
Vitreus App aka “vApp” does EVERYTHING you need to manage your assets within a FULLY independent multi-chain ecosystem… and feel safe while doing so. It’s a ground up build. Not another white label product.
Don’t fade on us. We are the TRUE builders and innovators. ALL WORK AND NO PLAY.
You’re early!!! Go grab your $VTRS as soon as you can. Our Presale is open.
WE are the NEW STANDARD in Security!!
We. Are. Vitreus.
LETS GO!!! 🚂🚂🚂
YES!! We take the security of your digital assets VERY seriously.
🔅 Biometric credentials…
🔅 Facial Recognition credentials…
🔅 20 word seed credentials…
🔅 and much much more…
VitreusChain employs a proprietary Network Access Credential™ (NAC) architecture that maintains an unmatched level of security through the most advanced technologies available today.
IMPENETRABLE
Product testing will survive the most ROBUST penetration testing from some of the world’s most prolific “hackers.”
Vitreus App aka “vApp” does EVERYTHING you need to manage your assets within a FULLY independent multi-chain ecosystem… and feel safe while doing so. It’s a ground up build. Not another white label product.
Don’t fade on us. We are the TRUE builders and innovators. ALL WORK AND NO PLAY.
You’re early!!! Go grab your $VTRS as soon as you can. Our Presale is open.
WE are the NEW STANDARD in Security!!
We. Are. Vitreus.
LETS GO!!! 🚂🚂🚂