👉 Vow Introduces the Next Step in the Evolution of Crypto-Based Currencies
https://news.bitcoin.com/vow-introduces-the-next-step-in-the-evolution-of-crypto-based-currencies/

VOW is to solemnly promise to do a specified thing😇

ᵛCurrencies are exchange tokens and, like all exchange tokens, gain their value when people and businesses promise (or Vow) to accept them.
Whilst fiat currency is backed by the centralised promise of a government to accept it, ᵛcurrencies are backed by a rapidly growing, decentralized coalition of businesses and consumers who promise to accept them 1:1 with their local fiat currency.

👉 Read more about Vow at vowcurrency.com!

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The uniqueness of ᵛcurrencies is that in contrast to fiat currencies, the majority of stable coins and complementary currencies, there is no central company, government, private party, or asset required to promise to put a backstop value to them at any time.
Additionally, there is no company, government, or individual holding an investment asset stated to provide ᵛcurrencies with underlying value, as would be the case with all stable coins, including Facebook’s Libra.
Each ᵛcurrencies is also not “almost” linked to a fiat currency, as is the case of the Maker Dao stable coin model. Although certainly ingenious, Dao constantly fluctuates within certain bounds due to market demand. As such, Dao can never be an exact match of a fiat value.
In contrast to every known stable coin and complementary currency, each ᵛcurrencies remains precisely stable in price, with a definitive backstop value that is equal 1:1 to local fiat currency in all ecosystem merchants at all times.
#Vow #vcurrency #peaceandlove

“Top 15 Things Money Can’t Buy
Time. Happiness. Inner Peace. Integrity. Love. Character. Manners. Health. Respect. Morals. Trust. Patience. Class. Common sense. Dignity.”

― Roy T. Bennett, The Light in the Heart

#Vow #vcurrency #peaceandlove #cryptocurrency

Merchant Acceptor benefits of ᵛcurrency😎

Businesses in all industries and of all sizes need money to grow and thrive.
One of the core problems with the current global economy is that money is consistently abstracted away from real world use. It is being yanked out of local economies to feed the financial markets, which makes running any kind of local business more difficult.

We all want our local high streets to be full of amazing local businesses, but gradual financialization of traditionally non-finance based industries and a scarcity of credit, despite virtually permanent intervention from monetary authorities, has resulted in a reduction of money available in local circulation.

This lack of money makes it harder to pay rent and taxes. A quick look around our towns and cities shows that whatever politicians are in power, whatever policies they promote, the core problems with our lives do not lie in politics alone, but simply in the availability of money.

#Vow #vcurrency #peaceandlove #cryptocurrency

How do ᵛcurrencies work?
Merchants can issue their customers ᵛcurrency as a form of reward. Once in circulation ᵛcurrency can be spent, saved or sent to anyone to claim a discount on products and services from any participating merchant, at equivalent value to one unit of the domestic fiat currency.
#Vow #vcurrency #peaceandlove #cryptocurrency

Replacing fiat in the rewards industry

All businesses, in all sectors, in any part of the world which wish to attract new customers or keep existing customers coming back to engage with the Vow community can “Take the Vow” to start minting and distributing ᵛcurrency. The currency that we believe, in time, has the potential to change the world.

#Vow #vcurrency #peaceandlove #cryptocurrency #crypto #btc #eth #defi #money #investment #business #merchant #bonuses #investor #coupon #discount #sales

Tokenized cashback
Merchants who issue cashback, discounts, points or voucher-based rewards, can easily restructure their offerings and participate in the VOW and ᵛcurrency ecosystem.
Tokenizing their existing reward system into v$ for example, will not only allow customers to earn and redeem rewards using ᵛcurrency, but also enable merchants to de-risk any current rewards programs and achieve significant cashflow benefits.
Tokenizing the reward commitments of participating Merchants creates liquid, easy-to-use, digitally secured representations of discount or reward value. Therefore, each tokenized reward has an equivalent, fungible, value and can be redeemed at 1:1 with local fiat money.
#Vow #vcurrency #peaceandlove #cryptocurrency #crypto #btc #eth #defi #money #investment #business #smallbusiness #merchant #bonuses #investor #coupon #cryptocurrencycommunity #Cryptocurrencylife #cryptocurrencyshopping #cryptocurrencyrevolution #cryptoworld #cryptocurrencyisthefuture

🔥🔥 The countdown has begun! 🔥🔥
Join the VOW airdrop from - 2022-02-22 11:59 UTC 🚀
coinmarketcap.com/currencies/vow…
✌️VOW to change the world.✌️
@Vowcurrency @CoinMarketCap $VOW

https://twitter.com/vowcurrency/status/1496083504022622214?s=21

At Vow, we're committed to creating a better shopping experience. From local shops and restaurants all the way to major retailers, people are joining our ecosystem and benefiting worldwide! Take the Vow! $Vow #crypto #blockchaintechnology #cryptoworld #decentralisation

We seem to always spot Bish with a smile on his face. It really does pay to love what you do, and the team around him thrive off that energy. Our single-minded approach is simple; Vow to change the world. #blockchain #crypto #blockchaintechnology #cryptoworld #Vow