After a careful preparation, today, VNDC officially announced the issuance of VIDB token to the community. This is a utility token that will be used in the ecosystem of VNDC, opened for sale on VNDC DIPO at 16:00 on December 21, 2020.
VIDB (VNDC International Digital Banking) is a utility token in the VNDC financial ecosystem, including: VNDC Wallet, VNDC Exchange, VNDC Borrow, VNDC Staking, VNDC Farming, VNDC P2P,…VIDB is used for payment of transaction fees, collateral for partners, account rating,…
In addition, VIDB is considered as an asset presenting the value of the VNDC – a platform with more than 800,000 users and transaction volume is over 150 million dollars (more than 3,000 billion VND) per month. Investors owning VIDB will be shared profit from VNDC business activities.
VIDB will be open for sale on VNDC DIPO at 16:00 on December 21, 2020, with the amount of 100,000,000 VIDB (privately distributed more than 20 million VIDB) within 7 days. Program may end sooner if the number of VIDB is distributed completely to users and partners.
Purchase rights according to account level
To avoid inflation and risks from speculating VIDB in large quantity, the system will automatically limit the user’s buying volume. As follows:
|Level||The maximum amount of VIDB that can be purchased|
|VIP 1||1,000 VIDB|
|VIP 2||5,000 VIDB|
|VIP 3||15,000 VIDB|
|VIP 4||50,000 VIDB|
|VIP 5||150,000 VIDB|
|VIP 6||1,500,000 VIDB|
|VIP 7||1,500,000 VIDB|
|VIP 8||1,500,000 VIDB|
|VIP 9||1,500,000 VIDB|
Roadmap to open features for VIDB on VNDC Wallet
|16h:00, 21/12/2020 – 15:59, 28/12/2020
(Can be closed sooner when fully distributed)
|Issue on VNDC DIPO
|21/12/2020||Open P2P Trading
|21/12/2020||Open Staking Daily
From 10,000 VIDB: Receive 1 VND for 1 VIDB owned per day.
|22/12/2020||Open VNDC Borrow
|01/01/2021||Open VNDC Farming
|10/01/2021||List on Nami Exchange|
|10/01/2021||Open VNDC Exchange feature for VIDB.|
|10/01/2021||Charge fees by VIDB, 30-50% lower than VNDC.|
|20/01/2021||Announce real-time asset valuation website of VNDC ecosystem, pools sharing business profits from VNDC platform.|
Specifications of VIDB
|Amount for sale on VNDC DIPO||100,000,000|
|Price||0.2$ (4,673 VNDC)|