VIBELAND FAQ

What are VIBELAND Tokens?

One VIBELAND Token (VBLD) is a unit of digital currency, like a bitcoin

 

VIBELAND Token (VBLD) is the fundamental unit of account on the VIBELAND blockchain. VBLD is liquid currency, and therefore can be bought or sold on exchanges, as well as transferred to other users as a form of payment.

 

Do VIBELAND Tokens (VBLD) have value?

YES! 

 

VIBELAND Tokens (VBLD) have value which is decided on consensus within the VIBELAND community. Users are rewarded for their participation and innovation. VBLD can be held as an asset or used as a currency within transactions in the network.

What is VBLD?

VBLD is an abbreviation used to identify publicly traded tokens

 

VIBELAND Token or VBLD is the transactional asset of our decentralized system built off of tokenized economics.

Where do VIBELAND Tokens (VBLD) come from?

In 2018, the VIBELAND Foundation launched 10 billion VIBELAND Tokens

 

VIBELAND Tokens (VBLD) are issued in accordance to VIBELAND blockchain protocol as outline in our white paper. New VBLD entering the circulating supply are distributed by VIBELAND Foundation, a 501.(c).3 organization.

What is VIBELAND Foundation?

A conventional 501 (c)(3) organization

 

VIBELAND Foundation is responsible for the successful execution of the VIBELAND White Paper. VIBELAND Foundation is a crucial piece of the VIBELAND economy as it will be the distributing organization of VIBELAND Tokens (VBLD) and will hold approximately 10% of the total circulating supply of VBLD. This economic mechanism is designed to establish trust in the community and maintain the stability, integrity, and value of the VIBELAND network.

How do I become a VIBELANDER?

Joining the VIBELAND family is quick & simple!

 

Upon opening the VIBELAND Homepage, you’ll be asked to provide a valid email address and to verify your phone number. 

 

Once this information has been submitted and verified our VIBELAND community members will begin work to personally review and approve your account. While awaiting approval, pending community members will receive temporary “Limited Access” to particular VIBELAND features on or within the platform. 

 

Once approved, you will be notified via email and will receive for “Full Access” so that you may begin to enjoy any of VIBELAND Network’s many features.

How is my information protected?

VIBELAND will execute the safety of the community's data through the blockchain distributed ledger

 

VIBELAND Token or VBLD is the transactional asset of our decentralized system built off of tokenized economics. 

 

- Execution of VIBELAND blockchain protocol

- Third-party Authentication for users

- “Google Authenticator” Mobile Application (suggested download)

- VIBELAND Vault (Encrypted Wallet)

- Each account has multiple keys, which each have different levels of authority: owner, active, posting, and memo.

How does VIBELAND differ from other social media platforms?

VIBELANDERS own their data

 

Upload your value to the community! Take back ownership of the value you bring to social communities!

 

MEMBER ACCOUNT INFORMATION WILL NEVER BE SOLD OR DISCLOSED TO A THIRD PARTY OF ANY KIND WITHOUT DIRECT APPROVAL FROM THE COMMUNITY MEMBER.

 

WITHOUT THE REQUEST OR DIRECT APPROVAL OF THE COMMUNITY MEMBER, ACCOUNT INFORMATION BETWEEN THE INDIVIDUAL COMMUNITY MEMBER AND VIBELAND, INC. WILL, OTHERWISE, REMAIN UNCONDITIONALLY PRIVATE.

Who determines how much value my post is worth?

VIBELAND has derived an algorithm for scoring individual contributions with a fair assessment of the subjective value of each contribution

 

The fundamental unit of account on the VIBELAND platform is VIBELAND Token, a cryptocurrency token. VIBELAND operates on the basis of one-VIBELAND Token, one-vote. Under this model, individuals who have contributed the most to the platform, as measured by their account balance, have the most influence over how contributions are scored.

 

VIBELAND is designed around a relatively simple concept: everyone’s meaningful contribution to the community should be recognized for the value it adds. When people are recognized for their meaningful contributions, they continue contributing and the community grows.

 

Furthermore, VIBELAND only allows members to vote with VIBELAND when it is committed to a vesting schedule. Under this model, members have a financial incentive to vote in a way that maximizes the long-term value of their VIBELAND.

Where can I use VBLD?

VBLD is immediately exchangeable with other cryptocurrencies, tokens & USD

 

VIBELAND is written utilizing Stellar's blockchain protocol. VIBELAND is written to be interchangeable with any assets on their exchange. This allows a global market to take place making it easy for someone in another country to be compensated along with the ability to use VBLD to purchase an item online.

What is cryptocurrency?

There are 3 types: Security Token, Utility Token, and Equility Token

 

 A cryptocurrency is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions. It is established upon blockchain technology and decentralized consensus mechanism. It has inherited blockchain features such as public and tamper-proof. Common cryptocurrencies include: Bitcoin, Ethereum and MITH. Of which Ethereum and MITH are categorized as utility coins.

What are the benefits of cryptocurrency?

Centralized financial institutions are no longer required for processing transactions

 

Cryptocurrency is built on a decentralized platform backed by blockchain technology. This drastically decreases the cost and error rate cause by transaction, reward processing time, and manual management. Blockchain technology establishes transparency and fairness of a transaction. 

When is the Initial Coin Offering (ICO) of VBLD?

VBLD ICO date is planned for March 1, 2019

 

VBLD is going through 2 rounds of Pre-Initial Coin Offering. The first round will take place on December 15, 2018 and will conclude on December 30, 2018. The second round begins on January 15, 2019 and concludes on January 30, 2019. The launch of VIBELAND Vault (Encrypted Wallet) is set for February 1, 2019 which allows the VIBELAND community a full month of resolving any bugs or issues detected. This leads to the ICO of VBLD to the general public on March 1, 2019.

What is VIBELAND Vault?

A highly encrypted digital wallet that securely stores your VBLD

 

VIBELAND Vault is an easy-to-use transaction system for each user and partner platform to manage, secure, and utilize their VBLD. We seek to lower the barrier of entry for users of all platforms and allow for cross-platform integration of the Vault. 

 

VIBELAND Vault is scheduled to launch in Spring of 2019, at which time community members will be able to actively transact utilizing VBLD on the VIBELAND network. These tokens can be exchanged into over 160 different fiat currencies (USD, EUR, etc.) at any time, any where, any amount, for $0.001 USD.

VIBELAND Token (VBLD) vs. VIBELAND Energy (VBLDE)

VBLD is VIBELAND currency; VBLDE is a VIBELAND asset

 

VBLD is the currency within the VIBELAND community whereas VBLDE is an asset. VBLDE serves a vital purpose for our project as vested ownership allows us the ability to allocate capital toward the development and adoption of our project. As a VBLDE holder, you are a vested owner in the VIBELAND project and will receive VBLDE in return for your capital contribution. Long-term commitment of stakeholders also causes them to vote for long-term growth rather than short-term pumps.

 

1 VIBELAND Energy is equal to 1 VIBELAND Token and once VIBELAND Energy tokens are unfrozen they are immediately exchangeable for VBLD or any number of other assets and currencies across the globes.