The BlocVault (BVLT) token is a Binance smart chain (BSC) deflationary token. Binance smart chain (BSC) was developed as a means of utilizing solidity-based smart contracts with much greater speed and efficiency than other, competing chains. With decentralized exchanges on BSC offering lightning fast swaps and extremely low fees, BSC has started to become one of the most widely used block-chains for decentralized finance (Defi).
BSC uses a token protocol developed by the Binance team called BEP-20. The BVLT tokens deflationary nature means that each time a transaction occurs using a deflationary token a percentage of the tokens used in the transactions are destroyed permanently. This function is constantly at work removing tokens from the total available supply. Over time, this action works to help increase the value of each token dramatically as it increases the scarcity of tokens.
Who are we?
BlocVault was started by a small group of investors who joined hands from various socials and other projects in the crypto world. Our expertise in various fields has been merged together to create a highly motivated team focused on providing a block-chain ecosystem for the world to use.
As investors in this space for many years we have combined our ideas of what we feel was needed to make our lives easier when interacting with crypto assets. It doesn’t matter if your experienced in crypto investing or just a novice We aim to provide you with an all-in-one easy to use ecosystem that will make everyone's experience easier and more fluid, saving you time and money each and every time you use our products.
Our mission is to build the most trusted App suite stacked with products that will become the benchmark in this space. From Fiat direct to token and cross network multi chain swaps, chatting with friends and tracking your investments the BlocVault App will become a world leader. Investing in crypto is by no means an easy task and can be quite daunting for newcomers and even advanced investors with so many new innovative technologies being released daily.
The BlocVault team are fully committed to staying ahead of the curve and finding ways to make these tasks and investments easy through our web-based platform and on our Apps Our products will be used worldwide within the next 2-3 years.