Vote To Earn Whitepaper
Introduction
Welcome to the Vote To Earn (VTE) Ecosystem, where your votes are more than just expressions of opinion they are actions that shape the future. By engaging in various parliaments Coin, Sport, Stock, and Voting you influence decisions and earn real rewards with tangible value. Our platform bridges the excitement of participation with the benefits of earning, all while building a community-driven environment set to redefine voting and decision-making.
Ecosystem Overview
The Vote To Earn ecosystem interconnects four distinct platforms, each focusing on different aspects of life and global trends:
1. Coin Parliament: Users cast votes on cryptocurrency trends, price predictions, and market sentiment, influencing digital currencies while earning rewards for their insights.
2. Sport Parliament: Sports enthusiasts vote on game outcomes, player performances, and team rankings, combining their passion with earning rewards that reflect their sports knowledge.
3. Stock Parliament: Users influence stock market trends by voting on stock movements, company performances, and financial news, shaping market sentiment while earning valuable tokens.
4. Voting Parliament: A platform for general voting on various topics, from global events to entertainment trends, where your voice not only matters but also earns rewards reflecting your engagement and influence.
These interconnected parliaments ensure users can seamlessly transition between different areas of interest, with consistent rewards across the entire ecosystem.
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The Logic of Voting and Vision for the Future
At the core of Vote To Earn is a simple yet powerful idea: every vote should count, and every vote should be rewarded. Our vision is to create a decentralized, transparent voting system that leverages blockchain technology to ensure every vote is securely recorded, immutable, and publicly verifiable.
Decentralized and Transparent Voting
Our blockchain-based voting system is decentralized, ensuring that votes cannot be tampered with, altered, or manipulated by any individual or organization. Each vote is recorded on the blockchain, creating a transparent and auditable ledger that anyone can verify. This system ensures decision-makers have access to unbiased, authentic data directly from the community, leading to more informed decisions that truly reflect the will of the people.
Shaping the Future of Decision-Making
As the Vote To Earn ecosystem grows, it will become a crucial tool for decision-makers across industries. We envision companies, governments, and organizations using our platform as a trusted source of public opinion, knowing that every vote is genuine and unalterable. This democratizes decision-making, enhancing its accuracy and reliability.
By integrating our decentralized voting system, decision-makers can tap into a vast pool of opinions and insights, leading to more informed, effective decisions that align with the desires and needs of the broader community.
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Community Growth and Importance
The heart of Vote To Earn is its community. Our growth is driven by the collective power of our users, whose votes and engagement shape the ecosystem. We believe in fostering a vibrant, inclusive community where every voice matters, and every contribution is rewarded.
Power in Unity
The success of the Vote To Earn ecosystem relies on active community participation. Each vote influences market trends and decision-making and contributes to the ecosystem's overall growth and sustainability. As the community grows, so does the impact of every vote, making it even more important for members to stay engaged.
Building a Collaborative Ecosystem
We are committed to creating an ecosystem where collaboration is key. Our platforms thrive on collective input and interaction, from Coin Parliament to Voting Parliament. By encouraging discussions, debates, and shared insights, we aim to build a community that is active, deeply connected, and invested in the platform's success.
Ambassador Program and Influencer Recognition
Our Ambassador Program empowers passionate community members who want to play a larger role in our growth. Ambassadors help spread the word, bring in new members, and foster a positive, engaging environment. In return, they receive exclusive rewards and recognition as leaders within the community.
Our Social Voting Indicator (SVI) ranks influencers based on their voting impact, recognizing their contributions to shaping the community. This ranking system rewards active participants and encourages deeper engagement.
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The Collectibles
In the Vote To Earn ecosystem, collectibles are more than just digital assets—they reflect your voting achievements and influence. These unique collectible cards are earned through consistent participation and milestone achievements across all platforms.
Key Features of Collectibles:
Ownership: Each collectible is 100% owned by the user and securely stored in your digital wallet.
Tradable: These collectibles can be bought, sold, or traded within the ecosystem or with other users, adding an extra layer of engagement and strategy.
Earnings: Some collectibles include lifetime royalties, providing a steady income stream as others trade them.
Collectibles symbolize your journey within the ecosystem and have real market value, making them a sought-after asset among Vote To Earn community members.
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PAX Token
The PAX token is the primary reward currency within the Vote To Earn ecosystem, minted through voting activities across all platforms. As users cast votes and complete blocks (100 CMP), they mint PAX tokens, which hold real market value.
PAX Token Overview:
PAX Token (BEP-20) Overview: PAX Token operates on the Binance Smart Chain as a BEP-20 token and is central to the Vote To Earn system. PAX Tokens are created through the Coin Mining Process (CMP), powered by your votes. These votes are validated and recorded using the Proof of Vote (PoV) mechanism, ensuring transparency and security.
Utility: PAX tokens are used within the ecosystem for various transactions, including purchasing collectibles, upgrading accounts, and more.
Market Value: PAX tokens are tradable on supported exchanges, providing liquidity and real-world value to your voting efforts.
Charity Support: A portion of PAX tokens can be allocated to charitable donations, allowing users to contribute to global causes while earning.
PAX tokens allow users to enhance their standing within the community and gain financial benefits that extend beyond the platform.
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VTE In-Game (Silver VTE)
Silver VTE is the in-game currency used across all Vote To Earn platforms. It is earned through voting and participation and can be used within the ecosystem for various in-game purchases, upgrades, and more.
Key Features:
Earning: Silver VTE is accumulated through regular voting activities and reaching specific milestones.
Utility: Silver VTE can be swapped for Gold VTE tokens, which have real market value.
Progression: Helps users advance within the game, unlocking new opportunities and rewards.
Silver VTE is integral to the user experience within Vote To Earn, providing a pathway to greater rewards and enhancing the overall gaming experience.
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Gold VTE Tokenomics
Gold VTE is the premium token within the Vote To Earn ecosystem, offering real-world value and additional benefits over Silver VTE.
Tokenomics:
Total Supply: 21,000,000,000 VTE tokens
Burn Rate: 15.71% of tokens will be burned based on cross-platform voting progress, ensuring scarcity and value appreciation.
Booster Tokens: 2.08% of tokens will be distributed to Gold VTE holders as bonuses.
Gold VTE Utility:
Market Value: Tradable on exchanges, offering liquidity and real-world value.
Swapping: Silver VTE can be swapped for Gold VTE, doubling the rewards for upgraded accounts.
Ownership: Gold VTE tokens provide full ownership, with benefits extending across all platforms.
Gold VTE is not just a currency but a symbol of your commitment and success within the Vote To Earn ecosystem.
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Multi Voting Machine (MVM)
The Multi Voting Machine (MVM) is a powerful tool within the Vote To Earn ecosystem, designed to maximize your earning potential. By owning an MVM, users can participate in all Vote To Earn platforms simultaneously, accelerating their progress and rewards.
MVM Features:
Universal Use: The MVM is applicable across all Vote To Earn platforms, including Coin, Sport, Stock, and Voting Parliaments.
Earning Potential: Every vote made by the MVM owner, or by referrals, contributes to CMP progress, leading to faster block completions and more rewards.
Rewards: MVM owners receive PAX tokens, collectibles, and Silver VTE coins, which can be swapped for Gold VTE.
Here’s a revised cost structure and milestone plan, focusing on the purchase of the Multi-Voting Machine (MVM), with VTE coins provided as a bonus. The price starts at $99 and increases to $999, with the VTE bonuses decreasing over time.
MVM Purchase Structure and Milestones
Initial Token Supply: 21,000,000,000 VTE
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Here's the revised structure with the booster tokens removed:
MVM Purchase Structure and Milestones
Initial Token Supply: 21,000,000,000 VTE
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Milestone 1: 5,000,000 Votes Cross-Platform
Cost: $99
Bonus: 25,000 VTE Coins
Tokens Burned: 300,000,000 VTE
Remaining Supply: 20,700,000,000 VTE
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Milestone 2: 6,250,000 Votes Cross-Platform (25% increase from 5,000,000 votes)
Cost: $149
Bonus: 20,000 VTE Coins
Tokens Burned: 400,000,000 VTE
Remaining Supply: 20,300,000,000 VTE
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Milestone 3: 7,812,500 Votes Cross-Platform (25% increase from 6,250,000 votes)
Cost: $199
Bonus: 15,000 VTE Coins
Tokens Burned: 500,000,000 VTE
Remaining Supply: 19,800,000,000 VTE
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Milestone 4: 9,765,625 Votes Cross-Platform (25% increase from 7,812,500 votes)
Cost: $299
Bonus: 10,000 VTE Coins
Tokens Burned: 600,000,000 VTE
Remaining Supply: 19,200,000,000 VTE
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Milestone 5: 12,207,031 Votes Cross-Platform (25% increase from 9,765,625 votes)
Cost: $499
Bonus: 7,500 VTE Coins
Tokens Burned: 700,000,000 VTE
Remaining Supply: 18,500,000,000 VTE
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Milestone 6: 15,258,789 Votes Cross-Platform (25% increase from 12,207,031 votes)
Cost: $999
Bonus: 5,000 VTE Coins
Tokens Burned: 500,000,000 VTE
Remaining Supply: 18,000,000,000 VTE
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VTE Tokenomics Highlights
Total Initial Supply: 21,000,000,000 VTE tokens
Final Supply After All Milestones: 18,000,000,000 VTE tokens
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This structure focuses on the MVM purchase, with VTE coins provided as a bonus. The price increases with each milestone, while the VTE bonuses decrease, encouraging early participation and ensuring controlled token distribution and burning.
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MVM Purchase Focus
MVM Only: The primary offer is the purchase of the Multi-Voting Machine (MVM).
Bonus VTE: VTE coins are provided as a bonus with the purchase of MVM.
Price Increase: The price of MVM increases wita h each milestone, starting at $99 and reaching $999.
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Rationale for the Price and Bonus Structure
Early Incentives: Lower initial prices with higher VTE bonuses incentivize early participation.
Price Growth: As the ecosystem grows, the increasing price reflects the added value and exclusivity of the MVM.
Controlled Supply: The decreasing VTE bonuses and increasing token burn help maintain a balance between supply and demand, potentially increasing the value of VTE over time.
This structure ensures that the MVM is the primary product, with VTE bonuses acting as additional incentives. The increasing cost and decreasing bonuses create urgency and encourage early adoption, driving the growth and sustainability of the Vote To Earn ecosystem.
Ownership Benefits:
Lifetime Rewards: One-time payment for a lifetime of benefits.
Bonus: Gold VTE tokens awarded to MVM buyers, enhancing their earning potential.
The MVM is more than just a voting tool—it’s a mining machine that turns your participation into a valuable asset across the entire Vote To Earn ecosystem.
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Charity and Donation in the Ecosystem
At Vote To Earn, we believe in giving back to the community and the world. Our platform integrates charitable giving into its operation, ensuring every vote has the potential to make a positive impact beyond personal gain.
Charity Support through PAX Tokens:
A portion of PAX tokens can be allocated to donations to world-leading charitable organizations. Users can contribute to global causes while earning rewards, ensuring that the Vote To Earn ecosystem positively impacts the world.