January 18, 2024 / Tortola, British Virgin Islands: Vitruveo is greater than only a blockchain platform. It’s a creator-only blockchain, and he makes use of the EVM-based protocol as the muse for constructing a decentralized ecosystem. Vitruveo is targeted on empowering creators in a wide range of fields, by fostering belief, leveraging know-how, and constructing vibrant communities. We goal to supply sustainable revenue to individuals comparable to:

Vitruveo's distinctive characteristic is its revolutionary rebase mechanism. In contrast to different protocols that implement rebasing by sensible contracts, Vitruveo integrates rebasing instantly into the core protocol. This revolutionary strategy prevents the danger of inflation and supplies a sustainable mannequin for long-term development.

Merely put, Vitruveo's rebase could be in comparison with “compound curiosity.” Nevertheless, to keep away from the pitfalls of crypto inflation, Vitruveo cleverly tied rebasing to epoch-based transaction quantity.

Vitruveo's block time is 5 seconds, and every epoch consists of 17,280 blocks, equivalent to 24 hours. This protocol units a transaction purpose each epoch, and if achieved with a variation of +/-25%, each $VTRU (native coin) holder will expertise an automated improve of her 1.00087671.

To make sure sustained efficiency, Vitruveo incrementally will increase the transaction purpose by 500 each epoch. The rebase mechanism will proceed till the circulating provide reaches 250 million $VTRU, incomes customers an “early adopter reward” (a type of passive revenue for $VTRU holders for the primary 5-7 years) We provide distinctive alternatives.

Computerized rebase performance is seamlessly built-in into the protocol, offering a high-performance, user-friendly expertise. Crypto wallets like MetaMask replicate elevated balances throughout rebase occasions in real-time.

$VTRU, the native cryptocurrency of the Vitruveo blockchain, performs a central function within the performance of the platform. That is used to pay for any transaction and acts as gasoline for a nominal price. Moreover, all gross sales transactions on Vitruveo are made utilizing $VTRU, making certain a streamlined course of the place artists are paid instantly in $VTRU from the platform's treasury.

The mix of Vitruveo’s distinctive utility-driven strategy and automated rebase protocol positions Vitruveo as a frontrunner within the DeFi house. As the primary blockchain to implement such revolutionary mechanisms, Vitruveo plans to redefine the dynamics of decentralized finance and create a sustainable ecosystem for creators throughout completely different domains.

For media inquiries please contact: (e-mail protected)

About Vitruveo

Vitruveo is a vertically built-in ecosystem for creators constructed on rules of belief, know-how, and group. Undertake EVM-based protocols to determine a decentralized ecosystem. Constructed on blockchain know-how, Vitruveo presents a stack of dApps, studying supplies, workshops, occasions, advertising and marketing assist, and extra, giving creators {and professional} arts organizations a singular aggressive benefit when bringing them to Web3. convey. Vitruveo has rebase constructed into its core protocol, making it the world's first automated rebase protocol, making certain long-term sustainability and passive revenue alternatives for creators and traders.

Media contact:

Firm Identify: VTRU (BVI) PTE LTD

E-mail: (e-mail protected)