In March 2020, Bitcoin fell to more than US $3000, but now it is about to break through US $40000, a record high; Ethereum has opened the Beacon chain and entered the era of 2.0; liquidity mining has opened up the new world of DeFi, with the lock volume exceeding US $20 billion, an increase of more than ten times compared with last year; Polka has entered the heyday, challenging Ethereum’s position; traditional financial institutions have entered the encryption industry and are strongly “pulling”.
The blockchain industry in 2020 is so busy that we can’t help asking, where is the next outlet?
Recently, with the head application RR dVod coming online soon, and the 16 year accumulated “capital” of transforming the Internet native project YYeTs, including 20 million active users and data pools, tens of thousands of part-time translators from all over the world and nearly 100000 translation enthusiasts, the overall development progress of CVNT awareness value network is relatively optimistic, and the future has become more and more clear. Many institutional investors around regard CVNT as a very rare opportunity and focus on its position.
The CVNT storage mining and Renren cloud content material distribution mining, which will probably be began quickly, are seemingly to present start to a lot of new wealthy folks within the trade.
Within the subsequent yr or so, how far can CVNT run within the golden observe of public storage chain and video blockchain functions, and can the potential dividend of its token usher in a full-scale outbreak?
If we wish to reply this query nicely, we’d like to consider the 4 basic elements behind the challenge, particularly the pinnacle product, token circulation, touchdown area, and financial mannequin, which have an effect on the valuation of digital forex.
First, RR dVod breaks the blockchain trade zero sum recreation
This yr, blockchain has turn out to be the main focus of world consideration. Utility touchdown has turn out to be the one method to spotlight the worth of blockchain. After greater than ten years of trial and error, blockchain is now on the eve of utility explosion. RR dVod is essentially the most important substantive product of CVNT within the utility of blockchain.
On the one hand, video, software program, music, footage, video games and different third events who want community assets can simply entry, use and deploy on RR dVod, benefit from the comfort of ecology and turn out to be the builders of ecology.
Alternatively, RR dVod supplies large distributed cupboard space, excessive QoS, encrypted information transmission companies, and makes use of DHT (distributed hash desk) to attain full decentralization. Customers with computer systems, cellphones and TV packing containers can take part and have a superb consumer expertise.
In RR dVod file switch community, any content material creator can add his personal works. Customers can browse and search by means of RR dVod to seek out and obtain information in CVNT community.
After increasingly folks go to, the works of content material creators will probably be saved by a number of gadgets, and these gadgets start to seed the works of content material creators, similar to BT seed, which is well-known to us, so the works of content material creators survive in numerous gadgets.
Based mostly on customers’ high-frequency inflexible demand for content material, RR dVod will rapidly have numerous high-quality digital asset customers. Within the strategy of high-speed promotion of CVNT protection, RR dVod will turn out to be the best high quality consumer site visitors pool within the blockchain market, which is able to make CVNT token extra advantageous in industrial extension and extension.
Correspondingly, by means of CVNT token, RR dVod can higher gather and summarize bandwidth and storage assets, intelligently schedule to serve all enterprise finish customers with demand in an optimum kind, and rapidly receive scale financial advantages by benefiting from the benefits of token economic system in transparency, trustworthiness and incentive. RR dVod will carry CVNT a circulation state of affairs past the present mainstream public chain, present actual worth assist for touchdown worthwhile enterprise, and make it distinctive when it comes to liquidity and deflation impact.
Second, the consumption of community assets results in the rising demand for CVNT token.
The core operate of CVNT is the final degree blockchain distributed database cloud + baas platform, and realizes the revolutionary subversion of the normal video community trade.
CVNT is undoubtedly worthy of affirmation when it comes to growth progress. On the identical time, in line with the roadmap launched by challenge 2021, the blockchain database platform, cloud growth and modularization platform, and good contract with consideration of privateness safety are steadily advancing.
As well as, the efficiency and innovation benefits of CVNT community are conducive to the event and implementation of large-scale functions. The extra customers, the larger the consumption of assets, the extra CVNT tokens the B facet wants. Subsequently, the B facet will probably be extra keen to purchase CVNT tokens to stimulate demand.
In different phrases, the value of CVNT token relies on the connection between market provide and demand. With the big quantity of transactions in the primary chain, the demand for using the token is massive. Along with the modern destruction mechanism, the circulation of the token will probably be much less and fewer, ensuing within the complete market quantity decrease than the demand. From the attitude of funding, there’s a clear shortage.
See right here, do you suppose the funding logic of CVNT token is similar to that of actual property? They’ve each use worth and funding worth, each of which have an effect on the value development collectively, and the funding demand is dominant. CVNT token has proven good funding worth at the moment stage, and could also be greater sooner or later. Simply think about {that a} group of tremendous functions with numerous customers like RR dVod have been born on the CVNT community. By then, what would be the worth of your CVNT token?
Third, distributed finance, the “Holy Grail” of blockchain
From the present viewpoint, the monetary sector is the simplest and most necessary space for blockchain to interrupt by means of, which is of course associated to the attributes of blockchain. Subsequently, along with RR dVod, distributed finance is one other main touchdown state of affairs of CVNT, comparable to lending, futures contracts, secure forex, change, funding, insurance coverage, and many others. based mostly on CVNT community.
CVNT helps the best way of blockchain + Web to incubate initiatives and problem cash. In brief, it’s to improve the star initiatives with tens of tens of millions of customers on the Web to distributed monetary blockchain initiatives and problem cash on CVNT. On this means, CVNT will naturally have numerous new customers continually getting into, not solely within the blockchain trade, but additionally outdoors the trade. Distributed finance could be described as a holy grail degree ecology – large actual customers, large-scale asset flows, and tens of millions of every day common UV. This ecology is strongly linked with CVNT token, enabling it to construct a particularly deflationary financial mannequin.
Fourth, digital property that may carry fast tangible advantages
CVNT token is the worth transmitter of CVNT community ecology, the proof of utilizing RR dVod service, and the medium of worth change with blockchain.
Actually, the market has identified the course of CVNT token for everybody – the chance lies in good fundamentals, good liquidity of chips, massive variety of coin holders, and agency market consensus.
In the entire strategy of CVNT community evolution, CVNT performs the twin roles of settlement token and governance token. The value relies on the connection between market provide and demand. It’s a actual utility token, which might totally penetrate into the appliance layer and incentive layer of CVNT community.
Settlement could be very straightforward to know. Each transaction in CVNT system depends upon CVNT, together with: transaction dealing with price; Storage Cloud price; all operate worth vouchers of RR dVod; BaaS price; contract consumption, and many others. Governance reveals that each CVNT holder has the chance to take part within the chain governance of CVNT community and collectively promote its ecological prosperity, together with node storage, retrieval, verification, and many others., in addition to measuring the steadiness of storage utilization, and stopping nameless DDoS assaults.
Due to this, CVNT is an incremental market that may be created. As for the way a lot potential vitality could be generated within the brief time period, it primarily depends upon its capacity to comprehend good contracts, enrich CVNT utility eventualities, and appeal to and carry DAPP. Particularly, the size of the developer group, the extra customers, the larger the consumption of assets, the relative challenge facet wants extra money.
When increasingly customers enter, utility entry, the demand and consumption of CVNT will probably be larger and larger. With the growth of market worth and deflation impact, all holders will be capable of make an actual, sustainable and most revenue.
