Blog mania BTC: ValueCash - Cryptocurrency Reformation Beyond Limits

The cash value of an insurance contract, also called the cash surrender value or surrender value, is the cash amount offered to the policyowner by the issuing life carrier upon cancellation of the contract. This term is normally used with a life insurance or life annuity contract.

To receive the cash value, the policyholder surrenders their rights to future benefits under the policy.

Cash values are usually associated with whole life insurance or endowment life insurance and other forms of permanent life insurance. The contract determines for each possible cancellation date the related cash value. If the investment of premiums is contractually made in an individual account, the cash value is the value of the investments in that account at any particular time minus a surrender charge. Such cash value credited to an individual account during the tenure of the policy keeps growing with every payment of premium. It also increments due to interest credited.

The policyholder may also be able to use the cash value as collateral on a loan.

The cash value will often be similar or even equal to the reserve to be held by the insurance company for the net obligations from the contract. As such, the amount is usually invested and earns investment income for the insurance company which is to some extent forwarded to policyholders of participating contracts.

Since often initial premiums are not invested but covering initial costs associated with selling the contract (up front or front-end fee), the amount available may be significantly lower than the sum of premiums paid for some time, initially even zero. Later, interest credited might compensate that initial loss.

The value of the investment is often subject to a surrender charge in determining the cash value. A surrender charge offsets the costs associated with selling the contract and allows these contracts to be sold with little or no up front fees. Surrender charges are imposed when a contract is cancelled within a set time frame. Any cancellation after that time frame are not subject to a surrender charge. Typically surrender charges decrease on an annual schedule until they disappear altogether.

ValueCash is a completely decentralized and self-governing Commerce entity. With ValueCash, Holders can make payments for goods and services while simultaneously creating new ValueCash through purchase and acceptance.

The ValueCash ecosystem is designed to contribute its distinct protocol as a key component of the growing crypto-economy and a market driving catalyst to reform the existing status-quo of the Commerce Sector and the Blockchain Technology.

ValueCash is an Open Ledger Technology. It will be used basically for Commerce, Escrow and Exchange. ValueCash is a blockchain solution that is fast enough to process transactions on an immutable, decentralized ledger in a way that supports near-instant responsiveness for Internet-and-mobile based software. It will be based on Proof-of-Trade (PoT) and Proof of Stake (PoS) system (or protocol, or function) which will be an economic measure to deter denial of service attacks and other service abuses such as spam on the valuecash network by requiring some Trade Proof from the service requester.

Solution

ValueCash as a cryptocurrency is designed with the concept of the PoT Protocol which empowers people to earn while they spend. With this, people will be encouraged to work harder and smarter. People will have more spending money and greater freedom of choice will take its shape among mankind.

ValueCash Creation and Distribution

If a Buyer patronizes a Merchant of goods worth 100 XVL, 10% of the transaction Volume which is 10 XVL, will be created as new ValueCash, it will be distributed among the Buyer, Merchant, Affiliate and Blockchain Security and Project Development in the ratio 5:2:1:2 respectively and added to the current ValueCash supply.

This means that Buyers get 50% of the New Coin, Merchants get 20%,Affiliates get 10% while 20% goes to the Security of ValueCash BlockChain Network, Future Development and Marketing.

Introduction to ValueCash

ValueCash is a Completely Decentralized and a Self - Governing Commerce. Exchange and Escrow Entity. With ValueCash, holders can make payment for goods and services while simultaneously creating new ValueCash through purchase and acceptance.

The ValueCash Ecosystem is designed to contribute its Distinct Protocol as a key component of growing Crypto-Economy and a market driving catalyst to reform the existing status quo of the Commerce. Exchange and Escrow Sector and the Blockchain Technology.

ValueCash is an enhanced Cryptocurrency and Commodity, which can also be a Store of Value, it is designed to allow anyone. Irrespective of technical ability easy access to the PoT Platform.

ValueCash is limited - Scarce in Supply. Decentralized and Community Driven Cryptocurrency that allows anyone to earn substantial reward on Successful Trading Transaction. VALUECASH can be obtained through The PoT Protocol "Proof of Trade". The POS "Proof Of Stake" and Buying. VALUECASH will be stored both online and offline in a cold storage.

We have identified multiple enormous markets and we are creating amazing opportunities that will allow us to start penetrating those markets from day one of our token sale.

The ValueCash Halving System

The ValueCash Halving system will be experienced when the Proof of Trade - PoT Protocol Total Transaction Volume in ValueCash hits 18.000.000 ValueCash.

Note: The 18.000.000 ValueCash implies the Maximum Supply. This means that when the PoT Protocol goes live and worldwide transactions get to the tune of 18.000.000, then Halving will take place.

ValueCash Exchange and How it will Operate

ValueCash Exchange is a digital marketplace where traders can buy and sell using different flat currencies or altcoins. The Cryptocurrency exchange is an online platform that acts as an intermediary between buyers and sellers. Unlike other exchanges. The ValueCash Exchange will also house an Escrow Section where buyer and sellers who want to participate in their flat currencies can do that at will.

Exchange Highlights

Exchange Fees will be paid in ValueCash
Low Trading Fee of 0.1%
Low Withdrawal Fee
50% of the Trading Fee will be allocated as invitation Bonus
50% will go to the ValueCash Exchange
Decentralised Exchange (To come up in the future)
Escrow Exchange for Flat Curency

OUR VISION
There is nothing more important than comprehending the brimming possibilities of the Blockchain Technology, widespread access to the Commerce Sector. Full participation in the Crypto-Economy to drive a new era of Commerce, Rewards, Development and Productivity.

THE PROBLEM
Inflation has made the world forget about the GOLDEN AGE. We do not seem to understand why $100 in the year 2001 can not afford what it could, this year. Yet, wages and salaries are not increased while death rate increases in war, crime and diseases just to mention a few because we can not afford our future.

OUR PROMISES
We are building a Blockchain and Commerce Ecosystem in a different dimension and we want our community to be part of it as our token Holders and Validators. As much as we believe in the democratization of digital transaction, we also believe in returning power back into the hands of the community.

How to Earn Invitation Bonus?
Login into your account:

Copy the Referral Code.
Spread them as much as you can.
You will receive 5% XVL Token plus 10% cash incentive
as your referral(s) buy the tokens.

We make our commitment in everything we do, our website, our logo, our marketing campaign, our roadmap, our strategy. We believe that everything we do can satisfy many people. Actions speak louder than words, therefore we will always do our best to make ValueCash go far beyond our member’s expectations.

You can read the white paper or the One Pager on our website for more details. All the information related to ICO, Development Timeline and other essential information will regularly be updated.

https://valuecash.com

ValueCash is giving 200,000 XVL Tokens through a variety of Bounty Campaigns.

Weekly Allocation will take place throughout the below-mentioned dates:
Week 1 - February 6, 2018 - February 12, 2018
Week 2 - February 13, 2018 - February 19, 2018
Week 3 - February 20, 2018 - February 26, 2018
Week 4 - February 27, 2018 - March 5, 2018
Week 5 - March 6, 2018 - March 12, 2018
Week 6 - March 13, 2018 - March 19, 2018

Development Team And Advisors

The ValueCash development team is comprised of group of Developers, IT Consultants, Marketers, Entrepreneurs, Cryptocurrency enthusiasts with over 12 years of broad experience across different parts of the world.