GoodGrant Recipient: Viitasphere

Monday, Mar 04, 2019 by GoodBlock

“Your gateway to the economy of the future”

GoodBlock and the GoodGrant selection committee are pleased to announce that Viitasphere is a recipient of the GoodGrant which provides resource staking on the Telos network to allow decentralized apps to benefit from the power and capacity of EOSIO-based third-generation blockchain technology at the low initial deployment cost of a second-generation blockchain like Ethereum.

Viitasphere (VIITA) was an early adopter of the Telos blockchain and announced their intention to launch on Telos prior to the mainnet launch. They have already performed an “early adopter” airdrop to Telos accounts and are preparing for a larger airdrop to all Telos accounts that claim by block 18 million. So Viitasphere has been very engaged with the Telos community.

The Viitasphere Vision

The aim of Viitasphere is to be the gateway to the future economy. An application where everyday people, rather than a central power, are in control. Viitasphere members will have the ability to connect with one another on a peer-to-peer platform in order to request and provide services and goods without the burden of platform fees. As a decentralized application built on the Telos Blockchain Network they will be able to succeed in offering free and instantaneous transactions. It will simply be an open and free market controlled by all the individuals using it.

The target market of Viitasphere is the skilled worker, business owner, and entrepreneur. This includes the working class that makes up approximately half of the U.S. population and 75% of the Western European population. Their primary focus is aimed at individuals who can provide skilled services, university students, and entrepreneurs. Viitasphere look to attract the attention of people who are wanting to make extra money as well as those who aspire to be able to work for themselves. They look forward to being able to help people realize their dreams of financial freedom and building a more secure future.

Of the many revolutionary concepts that Viitasphere will be introducing, the Community Standing score is one of the many highlights of the platform. It will provide members with an incredibly efficient way of determining who best to do business with and who is perhaps best to be avoided, all within a decentralized ecosystem. Each Community Standing is determined by each member’s interactions within the community. This is an organic system to determine a person’s character, bringing real-world standards to the internet economy. This rating system puts Viitasphere well ahead of its competitors through its innovative concept.

The GoodGrant

As part of their GoodGrant, Viitasphere is receiving a year’s worth of NET and CPU resource staking. Viitasphere has also received technical assistance from GoodBlock developers in creating their tokens and conducting their upcoming airgrab. GoodBlock and the GoodGrant team is excited to be aiding this innovative app to launch on Telos.

About the author: Douglas Horn is the Telos architect and whitepaper author, and the founder of GoodBlock, a block producer and app developer for the Telos Blockchain Network.

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