Crypviser launches the CVNX Governance Token

Press release, 03 July 2021, Crypviser GmbH

After continuous hard work for a while, we are honoured to announce the public launch of CVNX Governance Token in the Ethereum Mainnet!

The launch of CVNX is a part of the Crypviser Tokenomics global transformation plan announced in April 2021.

The CVNX Token

The CVNX governance token will confer holders the power to influence decisions concerning the Crypviser 2.0 Smart Platform core parameters, products, and features development roadmap, business plan and pricing, and other benefits.

CVNX governance token holders will be voting to define the Crypviser 2.0 Smart Platform operational fees, features, and settings, such as

  • Paid subscription plans fees
  • Blockchain transaction fees
  • In-app purchase fees
  • Earnings pool distribution plan
  • Witness nodes rewards fee
  • FREE plan features set
  • Development roadmap
  • New features deployment
  • CVNX stacking pool rewards
  • CVT pegged asset pools
  • CVSWAP DeFi and CVPay transaction fees

and more.

The CVNX will be replacing existing CVN ERC20 and CVN BTS tokens after the swap on a 1:1 basis.

ATTENTION! No action is required from CVN ERC20/BTS holders at this stage. The SWAP instructions will be given in the further public notices over the official channels!

Voting Governance

The CVNX Governance smart contract implements on-chain and off-chain governance mechanisms through the following voting cases.

  • EXECUTIVE — an on-chain voting case that engages the Crypviser 2.0 Smart Platform (“CSP”) to apply and execute the voting results automatically
  • PROPOSAL — is an off-chain voting poll that can be created by any CVNX holder to propose a new feature, improvement, or an idea
  • EVENT — the voting result on approval will be stored in public decentralized storage for further processing by the Crypviser team
  • PRIVATE — a voting case available for approved(“verified”) addresses only

The CVNX governance management will be available on user-friendly Web3 front-end and in the Crypviser Secure Messenger 2.0

The CVNX Distribution Plan

The CVNX distribution will be handled according to the transformation plan:

  • CVN ERC20 and CVN BTS SWAP: 15.000.000
  • Liquidity support and mining pools: 10.000.000
  • Crypviser 2.0 development pool: 10.000.000
  • CVNX Stacking pool: 10.000.000
  • Reserve pool (locked): 10.000.000
  • CVT swap pool: 5.000.000

Technical Details

CVNX Token Contract in the Ethereum Mainnet: 0xB2e7AbC38b44a86bE7965297b5A97e3B16453667

CVNX Governance Contract in the Ethereum Mainnet: 0x4fABa8c745Aff69110328Cff817472cA03D0F65D

Token name: CVNX

Token symbol: CVNX

Token type: ERC20

Smart contract: Governance

Decimals: 5

Total supply: 60.000,000

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