About

The Volume Network is a cryptocurrency jointly built by the former co-founder and CTO of TRON.network and Lambda’s core team. The aim of VOL is to create large-scale commercial applications for global use cases. Volume Network adopts the innovative PoST consensus mechanism which introduces the time-domain operator based on the original PoC(Proof of Capacity) algorithm, and compulsively require the miners to make arithmetical operation with certain time intensity after obtaining the candidate block data based on the characteristics of Verifiable Delay Functions, and make block selection by combining the rapid verification results and candidate block data, so as to alleviate the vulnerabilities in similarly selfish mining, rewriting attack and other security aspects in POC (Proof of Capacity) algorithm.

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KEY FEATURES

Green technology: Harddisk mining is energy saving and environmental friendly.

Covenant lite: Based on the PoST consensus mechanism, everyone can start mining with a PC at home.

Community driven: Volume Network adopts a complete community-driven approach to run the project. Meanwhile, 6% of the block reward will be used for ecosystem promotion.

Famous team: Former Co-Founder and CTO of TRON.network.and Chinese FileCoin project-Lambda core team built Volume Network together.

IEO’s Details

  • GENERAL INFORMATION

  • IEO Platform:

  • IEO Opening Date:

    May 20th, 2019 9:00 am (UTC)

  • IEO Closing Date:

    May 21st, 2019 5:00 pm (UTC)

  • TOKEN DETAILS

  • Symbol:

    VOL

  • Blockchain Type:

    Ethereum

  • Role of Token:

    Utility

  • Finance Information

  • Public Sale Hard Cap:

    1 000 000 USD

  • Total Token Supply:

    10 000 000 000 VOL

  • Public Sale Token Price:

    1 VOL = 0.0001 USD

  • Token Sale Format

    Standard

  • Legal Information

  • KYC:

    Required

Team

  • Lucien Chen

    Lucien Chen

    Founder

  • Adolph Sun

    Adolph Sun

    Product designer

  • Jc

    Jc

    Project Manager

  • Sasaxie

    Sasaxie

    Blockchain engineer

Initial Offering News