Co-Founder & CEO
Reserve aims to build a stable, decentralized, asset-backed cryptocurrency and a digital payment system that scales supply with demand and maintains 100% or more collateral backing. Ultimately, Reserve’s goal is to create a universal store of value – particularly in regions with unreliable banking infrastructure and regions where hyperinflation is an issue. The Reserve system will interact with three kinds of tokens: (1) The Reserve token (RSV), which is a stable cryptocurrency that can be held and spent the way we use normal fiat money; (2) The Reserve Rights token (RSR), a protocol token used to facilitate the stability of RSV – this is the token we will list through Huobi Prime; (3) A growing variety of tokenized real-world assets (such as other stablecoins) that are held by the Reserve smart contract to back RSV. The Reserve project is backed by people like PayPal co-founder Peter Thiel, YCombinator Chairman Sam Altman, and other influential Silicon Valley and crypto investors.
May 22nd, 2019 12:00 am (UTC)
To be announced (UTC)
3 000 000 000 RSR (3 000 000 000.0000% of total token supply)
1 RSR = $0.0020 USD
Shortest release is 25% unlocked, 75% vest over three months, some tokens release more slowly
Vest over 6 months after main net launch, which is expected in 2020
Oakland, California, USA
Co-Founder & CEO
Co-Founder & CTO
Research and Operations
Marketing and Strategy
Chief of Staff
Head of Product
The Covalent token as the native token for the Covalent network will be used as a governance token.
According to Bittrex, the exchange will accept payments in US dollars (USD), Tether (USDT), or Bitcoin (BTC). Trading will be available round-the-clock seven days a week.
The success of the public sale will permit INVIZION to kickstart its initiative which combines blockchain technology, DeFi (Decentralized Finance) and IoT (Internet of Things) solutions.