The VFC token aims to get Zimbabwe and Victoria Falls on the blockchain by advertising one of the seven wonders of the world and bringing tourism from across the world. At the time of writing, this is the only token in Zimbabwe to have application to the tourism sector which had been damaged by negative publicity due to perceived political instability. Zimbabwe now has a new president since late 2017 when a new president was appointed to the high office. The country is now politically stable. This token could not have come at any better time-Zimbabwe is now open for business and the safety of all tourists is guaranteed. The token runs on the Waves blockchain.
HOW DOES IT WORK?
Most people are probably here because of the free digital asset or as other people would like to call it ‘crypto-currency’. Most would be wondering why give a digital asset for free when everywhere else people fork out their hard earned cash to acquire these assets – the answers to this question are simple. This token, apart from aiming at bringing tourists to Victoria Falls, it is also meant to encourage the adoption of digital assets in the Africa. Some people cannot afford to spend money on digital assets, others are still worried about losing money in the new technology, others are simply reluctant to embrace it. Giving digital assets for free will enable the VFC Community (holders) to experiment with the asset without risking any money. It will enable the community to engage and feel that they are part of something and organically grow the value of the token. If more businesses offer discounts, the usefulness of the token increases. Lastly, there are currently too many scams on the market involving crypto-curencies, therefore if you offer something for free, you reduce the prevalence of scammers taking over the platform.
HOW WILL THE TOKEN GAIN VALUE?
We believe that the value of any token depends on its utility (use) and want to empower our community to determine the value of this token. The community as a whole will have the onus to add value to VFC by building partnerships with local business to offer discounts in exchange for the token. Our Corporate Relations Team will be at the forefront of signing up hotels, tour operators, restaurants and interested stakeholders in the industry. Community members can take part by approaching local businesses to endorse the project and for every verified task, free tokens will be airdropped into their wallets. The reasoning behind this idea is that, the more valuable the token becomes, the more beneficial it can be to holders. For those interested in exchanging the asset on listed exchanges, they can get a different digital assets or convert to fiat (cash). The VFC will also be redeemable by tourists to businesses which will sign up to the initiative. The token can be traded peer-to peer without a third party getting involved.
Businesses accepting VFC will be listed on a digital directory in accordance with the Roadmap in the whitepaper.
APPLICATION ACROSS AFRICA
The VFC launches from Victoria Falls due to the significance of the feature which is one of the seven wonders of the world, however, once the project has taken off the ground, this will be expanded nationwide and eventually the whole of Africa.
Founder: Prosper Mwedzi, MLAW Hons, University of Central Lancashire, CAIT (Software Engineering), University of Zimbabwe (Ansted School of Technology)
Adviser to the project is Rt Honourable Samukange, Lawyer and MP for Mudzi West.
If this idea excites you and you want to be part of the VFC community, please whitelist to claim 500 free VFC. For instructions of how to open a VFC compatible wallet click here
WE DO NOT SOLICIT FOR ANY CONTRIBUTIONS AND WE WILL NEVER ASK FOR ANY ASSISTANCE FROM THE COMMUNITY SO DO NOT SEND YOUR ASSETS TO ANYONE ASKING FOR DONATIONS IN THE NAME OF THE VFC COMMUNITY
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