Weekly Report 2019 December #3

In this weekly report (3rd Week of December 2019): The first V SYSTEMS-based token IPX is now available on Bithumb and Bithumb Global. Staking 2.0 is live — VSYS coin holders are now eligible to receive not only VSYS but also IPX tokens as rewards. V SYSTEMS and Tachyon co-hosted an AMA last Saturday, the award winners will receive their IPX rewards this week. The Community AMA held on V SYSTEMS Forum has ended, the best five questions will be announced next Monday. Please read the full report below.

1. VSYS Blockchain Development

Mainnet Development

VSYS smart contracts currently supported on the VSYS blockchain allow users to easily create their own tokens, and token transactions are validated on the underlying blockchain. The usages of the tokens can be defined by the creator of the tokens whether it be a form of financial instrument, electronic money, or token of utility. The tokens support functions such as issuing, sending and destroying, but some advanced features such as the split/reverse split functions are also available. These functions are analogous to the stock split in the financial world.

A deposit / withdrawal feature is currently being developed for VSYS smart contracts, this feature will allow smart contract users to store assets (both VSYS and tokens) within smart contracts.

New Opcode for the smart contracts is being developed, these new features are based on the new deposit / withdrawal feature and will enable a large number of new usages for smart contracts.

Utils Development

The V-Cloud Token service is currently in development, providing organisations with an extremely easy way of integrating with the VSYS Blockchain. Token issuers who wish to quickly and easily set up a token with pre-built applications can do so using this service.

The V-Cloud Token wallet is under development.

The IPX token explorer has been published: https://explorer.tachyon.eco

Trezor wallet has completed development, it is currently under code review.

Python SDKs has been published to PyPi. Chain App Developer can install this library with a simple command.

2. Global Community Updates

V SYSTEMS x Tachyon Telegram AMA

V SYSTEMS and Tachyon successfully co-hosted an AMA on Telegram last Saturday. We are so grateful to have everyone one of you join us. During the AMA, the Tachyon team introduced Tachyon’s decentralized VPN, its IPX token as well as V SYSTEMS’ new initiative Staking 2.0. For details of the AMA and the list of award winners, please click through to learn more.

IPX Token is now on Bithumb and Bithumb Global

Tachyon’s native token IPX is officially listed on Bithumb and Bithumb Global! Don’t forget to join the 1.01 Million Airdrop Event on Bithumb! Please click through for more details on Bithumb Listing and more Bithumb Global Listing .

Staking 2.0 is live!

V SYSTEMS and Tachyon are happy to announce that Staking 2.0 is live! VSYS coin holders who lease your VSYS to any supernodes and participate in minting are now eligible to receive not only VSYS but also IPX tokens as rewards. Please click through to learn more.

V SYSTEMS Forum — Community AMA

The Community AMA hosted on V SYSTEMS Forum has come to an end. We are pleased to have many of you participated actively. The V SYSTEMS team has collected all questions in the AMA thread . The best five questions will be awarded with 500 VSYS. All the winners and answers will be announced on 23 December here. Once again, thank you all for your big big support! Please click through to learn more.

Introducing V SYSTEMS Forum

The V SYSTEMS Forum is finally out! The V SYSTEMS team has always wanted to

provide a space to gather everyone in the community to discuss V SYSTEMS, to share ideas, ask questions, and to seek help from the team and the community. Join us and meet the community on V SYSTEMS Forum now! Please click through to learn more.

3. Market Overview

Market Cap

VSYS is now ranked at #56 on CoinMarketCap , with a market cap of over US$76 million.

Screenshot from CoinMarketCap on 20 Dec 2019

Staking Rewards

This week, VSYS has gained an overall StakingRewards Score of 65.40% on stakingrewards.com . V SYSTEMS promises to maintain a healthy staking environment for all token users. With VSYS coins, you can easily enjoy the rewards from staking with just a few clicks. Take action now!

Screenshot from stakingrewards.com on 20 Dec 2019

Stay Connected

Remember to follow us on the platforms below to stay up-to-date with our latest updates and announcements.

V SYSTEMS Forum: https://forum.v.systems/
Twitter: https://twitter.com/VSYSCoin
Telegram:https://t.me/VSYSOfficialGroup
Medium:https://medium.com/vsystems
YouTube: shorturl.at/mxX09
Reddit:https://www.reddit.com/r/V_SYSTEMS/
Github: https://github.com/virtualeconomy/v-systems

Other Useful Links

VSYS Official Website: https://www.v.systems
Supernode Ranklist: https://vsysrate.com/
VSYS Blockchain Explorer: https://explorer.v.systems