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What Is VAEON?
Vaeon is a blockchain-based protocol that makes it possible for you to control your personal data, and any value that it may possess, while making it possible for organizations to establish new business opportunities using its intermediary free-ecosystem.
Why Should You Consider VAEON?
Did you know that many tech giants have found a way to monetize your personal data? The following are reasons why you ought to consider Vaeon:
Your Personal Data
All the personal data being uploaded to the web today is solely captured by the web juggernauts, e.g., Google, Microsoft, and Facebook. As they monetize your data and records billions in profits, you, the data originator is often left empty-handed. Vaeon seeks to create a disruption in this system.
Originator Owns And Monetizes Their Data
The vision behind the creation of Vaeon is to assist the originator to own and be able to monetize their data. How you ask? The platform will be based on blockchain technology, which will assist in creating a standard for it.
Vaeon’s team believes in a future where internet users can own their data. This means that they should also be able to monetize the data, as well as retain control over how this data is sold or shared, and who gets to use it.
Its creators also hope to be able to provide companies from all over the world with a medium that they can use to initiate communication with platform users, pertaining to how they can access and use their personal data. By doing this, Vaeon will be providing an opportunity for application developers to leverage on this data, by entirely removing the trust factor.
Who Will Be The Major Beneficiaries Of VAEON?
Users
- Be able to monetize their data
- Have full access and control over their data
- Have unified data across all the platforms
- Peace of mind knowing that their data is safe
Applications
- Monetize all their existing user databases
- Launch new services and products to an existing user base
- Access data from other places, e.g., social and professional
Businesses
- Buy user data from applications they favor
- Get high response rate with guaranteed high return on investments
- Get access to user data that is constantly being updated
VAEON Blockchain Personal Data Monetization Protocol Benefits
Vaeon seeks to place power in the hands of data platform users. There will be no centralized authority within its ecosystem. The administrator will be an entity voted for by the platform users, and responsible for evolving, adapting, and maintaining the protocol as it continues to grow.
All token holders will have a unique opportunity to be a part of its governance. Voting power will be calculated based on a real-time staking function. It is a function that has been designed to converge against fixed values.
VAEON VAEO Token ICO Details
The token is expected to serve three main functions: fraud prevention, governance, and as a medium of exchange.
Parameters Of The ICO
- Ticker: Vaeon
- Total Supply: 1,091,463,415
- Price per token: USD 0.075
- Pre-sale Bonus: 10%
- Soft cap: $5 million
- Hard cap: $10 million
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.