Validity

Validity

VAL
$1.81%-2.86

Key Metrics

Price$1.81
Real Volume (24H)$111,089.65
Marketcap$9,243,538.46
Fully Diluted ValuationN/A
ATH$19.02
ATH Date4/30/2021, 6:39:26 AM
ATL$0.00783037
ATL Date1/23/2016, 2:00:00 AM
Circulating Supply4.7M
Total Supply9M
WebsiteN/A
WhitepaperN/A
Popularity Rank1403
Chart
What is Validity?

Validity (VAL) is a decentralized platform built on blockchain technology, aiming to enhance security, productivity, and transparency. With its improved proof-of-stake mechanism, Validity provides a range of services on an open-source blockchain that is freely shared and publicly released. The platform's main objective is to create an accessible interface for individuals to leverage various blockchain-based functions and services.

Validity is actively developing a comprehensive decentralized services platform, offering a diverse array of features. These include cryptographically managed identities, file signatures, public voting, proof-of-ownership, non-fungible tokens (NFTs), virtual worlds, and immutable text notes. By integrating these services, Validity aims to provide users with a convenient one-stop platform for their blockchain-related needs.

One of the key blockchain-based services offered by Validity is Validity Elections. This service is designed to ensure transparency and integrity in the voting process. Users can utilize the Validity Elections platform for various purposes, ranging from managing project and club votes to political elections and shareholder voting. By leveraging the decentralized nature of the blockchain, Validity Elections aims to empower individuals and organizations with a secure and trustworthy voting mechanism.

Another crucial component of the Validity ecosystem is Validity SmartChain. This innovative technology serves as a storage solution for all the non-financial applications of Validity. By utilizing SmartChain, users can store data without impacting volatile memory usage, ensuring efficient and reliable access to information. This feature plays a vital role in supporting the diverse range of decentralized services offered by Validity.

The native token of the Validity platform is known as VAL. Users can earn Validity coins by engaging in staking activities. Staking on the Validity blockchain network involves validating transactions, contributing to the security and efficiency of the network. Additionally, new VAL tokens are generated through the process of dividing groups of tokens held in wallets. The VAL token serves as a fundamental element of the Validity ecosystem, facilitating various transactions and interactions within the platform.

Before its rebranding as Validity, the platform was known as RadiumCore. Validity was officially launched on May 25, 2015, with a team of nine talented individuals driving its development. Justin Jacobeen, a blockchain architect and experienced software developer, leads the team. With a background in mining and contributions to the development of several tokens since 2013, Justin brings a wealth of knowledge and expertise to the Validity project. Another key member of the team is Tim Mesker, a senior developer with over a decade of experience in software development. Together, the team is committed to advancing Validity and its vision of decentralized services.

As Validity continues to grow and evolve, it remains dedicated to providing accessible and innovative decentralized services. With its focus on security, productivity, and transparency, Validity strives to empower individuals and organizations to leverage the full potential of blockchain technology. The maximum total supply of VAL tokens is set at 9 million, ensuring a controlled and sustainable token economy.

In conclusion, Validity (VAL) is a pioneering platform revolutionizing decentralized services on the blockchain. With its commitment to security, productivity, and transparency, Validity opens up new possibilities for individuals and organizations seeking accessible and reliable blockchain-based solutions. Embrace the power of Validity and embark on a journey towards decentralized innovation.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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