Crypviser launches the CVNX Governance Token

2 min readJul 3, 2021

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.

The primary purpose of CVNX is to give control back to users. Holders of CVNX tokens can suggest or influence critical decisions about the Crypviser 2.0 Smart Platform through a governance voting mechanism.

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

Crypviser Blog: https://crypviser.medium.com
Reddit: https://www.reddit.com/r/Crypviser/
Facebook: https://www.facebook.com/crypviser
LinkedIn: https://www.linkedin.com/company/crypviser
Twitter: https://www.twitter.com

Live Chat in Telegram Official Group
https://t.me/crypviser_group