Tag Archive for: VTB

Blockchain Interface Improvement for Staking – Completed (UI Manuals)

VTBDex Updates

 Date: February 22, 2024

Available at https://vtbdex.com/

VTBCommunity Announcement – VTBDex – Technical Updates – Blockchain Interface Improvement for Staking – Completed

Dear VTBCommunity members,

We are thrilled to share that the Blockchain Interface for Staking, Nomination, and Nomination Pools has been successfully deployed and is now fully operational.

Consistent with our commitment to transparency and accessibility, comprehensive documentation on how to use the user interface (UI) will be available through the usual informative channels. In line with the aforementioned, we would like to take this opportunity to remind our community members that the VTBCommunity Foundation is a non-custodian operator and does not hold or have any control over the tokens owned by you nor of your private keys.

We are truly excited to witness the positive impact and empowerment our community will experience through this significant enhancement.


The VTBCommunity Foundation is delighted to introduce a series of comprehensive manuals aimed at enhancing your experience and understanding of various features within our ecosystem. These manuals serve as invaluable resources, offering detailed guidance on key processes essential for active participation.

Below, you will find brief descriptions of each manual:

  1. Claiming Rewards: This manual provides step-by-step instructions on how to claim rewards within our ecosystem. Learn how to access and maximize your rewards efficiently. Download it here.
  2. Nominating using Polkadot JS UI: Dive into the world of nomination by utilizing the Polkadot JS UI. This manual elucidates the process of nominating validators to secure the network and earn rewards. Download it here.
  3. Nomination Pools using Polkadot JS UI: Explore the concept of nomination pools and learn how to participate using the Polkadot JS UI. Download it here.
  4. Nomination Pools using DEX UI: Delve into nomination pools through the Dex UI interface. This manual provides comprehensive guidance on leveraging the Dex UI for participating in nomination pools efficiently. Download it here.
  5. Nomination using DEX: How to nominate validators seamlessly and contribute to the security and decentralization of the network. Download it here.

Each manual is meticulously crafted to empower you with the knowledge and skills necessary to navigate our platform effectively. Whether you are a novice or an experienced user, these resources are designed to cater to your needs and facilitate your journey within our community.

We encourage you to explore these manuals at your convenience and leverage them to elevate your participation within our ecosystem.

Thank you,

The VTBCommunity Foundation


Blockchain Interface Improvement for Staking

VTBDex Updates

 Date: February 14, 2024

Available at https://vtbdex.com/

VTBCommunity Announcement – VTBDex – Technical Updates – Blockchain Interface Improvement for Staking

Dear VTBCommunity members,

We are delighted to inform you that exciting improvements are underway that will significantly elevate the functionality and usefulness of the VTBCommunity blockchain. We’re thrilled to share this pivotal advancement with you, as it enhances our blockchain interface, unlocking a realm of possibilities for our community in an even more user-friendly environment.

This notification serves as an advance notice before the deployment of a transformative update scheduled for Tuesday, February 19, 2024. This upgrade is an important milestone in our journey, as it touches up our blockchain interface for Staking, Nomination, and Nomination Pools.

Enhanced Blockchain Interface: Staking, Nomination, and Nomination Pools

The upcoming code update will upgrade the blockchain interface for Staking, Nomination, and Nomination Pools. This interface empowers users to stake their tokens, nominate existing validation nodes, and initiate Nomination Pools in an even more user-friendly atmosphere. By doing so, VTBC holders will have the opportunity to earn block validation rewards alongside validator node owners, thereby putting their tokens to work in a meaningful way.

Empowering our Community

This renovated interface empowers our community members in several ways:

  • Staking Tokens: Users will have the ability to stake their tokens, allowing them to actively participate in network validation processes.
  • Nomination of Validation Nodes: Community members can nominate existing validation nodes, contributing to the decentralization and security of our network.
  • Starting Nomination Pools: VTBC holders can initiate Nomination Pools, providing an opportunity for token holders to collectively stake their tokens and earn block validation rewards.

In essence, by participating in these activities, VTBC holders can actively engage with the VTBCommunity ecosystem, potentially earning block validation rewards alongside validator node owners and making them part of the governance power. Additionally, this functionality will provide validator owners with easy access to their nodes.

Accessing the Interface

After deployment, comprehensive documentation will be provided on how to use the user interface (UI). You can access the UI information through all the available VTBDEXs, like vtbdex.com, as well as the alternative blockchain interface provided by polkadot.js.app. This documentation will ensure that all community members can make the most of the functionalities seamlessly.

Functionality disruption during deployment

While implementing, there may be some temporary short disruptions in functionality. Please rest assured that our team is working diligently to ensure a smooth transition.


This forthcoming upgrade underscores our commitment to cultivating a dynamic and rewarding ecosystem for all VTBCommunity members. We’re thrilled about the possibilities it brings and look forward to seeing the positive impact it will have on our community.

As always, our deepest gratitude to all our members for your continued support and engagement as we strive to create a vibrant community. Together, we are building a stronger and more resilient ecosystem for all VTBCommunity members.

Thank you,

The VTBCommunity Foundation


VTBCommunity Blockchain Updates: How to check VTBC/VTBT balances in Polkadot Explorer

VTBDex Updates

 Date: December 14th, 2023


VTBCommunity Announcement – Accessing the VTB Blockchain Outside of the VTBDex – How to check VTBC/VTBT balances in Polkadot Explorer

Dear VTBCommunity members,

The VTBCommunity Foundation is committed to transparency with all VTBCommunity members and would like to take a moment to explain how the VTB Blockchain can be accessed without the need for the VTBDex. For this reason, we have created the following guide for anyone wishing to conduct their exchanges without going through VTBDex.

Once again, we wish to express our deep gratitude to all our members for your firm support in making the VTBCommunity a success.

Thank you,

The VTBCommunity Foundation

How to check VTBC/VTBT balances in Polkadot Explorer

Steps to install the Polkadot-js extension

Step 1: Go to this page

Step 2: Click the download button

Step 3: Click Add to Chrome button

Step 4: Click Add extension

Step 5: Now the Polkadot extension should be installed.

Steps to create an account

Step 1: Click the extensions button in the top right corner.

Step 2: Select the polkadot-js extension. This will open a new popup which will show all your accounts. If the extension is newly installed there should be no accounts yet.

Step 3: Now click the plus ( + ) sign in the top right corner of the popup and select Create new Account. This will open the account creation page.

Step 4: The next page will show your newly created account key (also known as a secret phrase or a mnemonic). The secret phrase is like a password, so anyone with access to the phrase can interact with the blockchain using your account. Copy the phrase to a secure location.

Step 5: Click I have saved my mnemonic seed safely and then click Next step

Step 6: On the next page select Allow use on any chain in the network list, and set a name, and a password for your account. And finally, click on the add account button.

Step 7: Now your account should be added to the extension.

Steps to check the VTBC balance

Step 1: Open this link in your web browser.

Step 2: Click on Developer >> Chain state.

Step 3: Select system from the selected state query drop-down list.

Step 4: Select account(AccountId32): FrameSystemAccountInfo from the next drop-down list.

Step 5: Ensure that your account is visible in the Polkadot js extension.

Step 6: Paste your ss58 account ID into the AccountId32 box or select it from the drop-down list.

Step 7: Now click the + icon in the upper right corner.

Step 8: You will get a response like the screenshot below. The balance mentioned next to free is your VTBC balance.

Steps to check the External Tokens (Eth/Eos/Usdt/Usdc) balances

Step 1: Open this link in your web browser.

Step 2: Click on Developer >> Chain state.

Step 3: Select externalTokens from the selected state query drop-down list.

Step 4: Select account(AccountId32): FrameSystemAccountInfo from the next drop-down list.

Step 5: Ensure your account is visible in the Polkadot js extension.

Step 6: Paste your ss58 account ID into the AccountId32 box or select it from the drop-down list.

A – If you want to check the balance of a single crypto token

Step 7A: Select the crypto token (Eos/Eth/Usdt/Usdc) from the VtbUtilsCurrencyTypesTokenType drop-down list. 

Step 8A: Now click the + icon in the upper right corner.

Step 9A: You will get a response like the screenshot below. The balance mentioned next to balance is your selected token balance.

B – If you want to get all the external crypto token balances

Step 7B: Please close the include option toggle button.

Step 8B: Now click the + icon in the upper right corner. 

Step 9B: You will get a response like the screenshot below. You can see the balances of the crypto tokens in their corresponding structure.

Note: You need to scroll down this response to see all the details.

VTBCommunity Blockchain Updates: EOS Nodes, APR Efficiency, and Expanded Fee Payments

VTBDex Updates

 Date: July 27th, 2023 – Available on July 31st, 2023

Available at https://vtbdex.com/

VTBCommunity Announcement – VTBDex Technical Updates – VTBCommunity Blockchain: EOS Nodes, APR Efficiency, and Expanded Fee Payments

Dear VTBCommunity members,

The VTBCommunity Foundation is excited to bring you the latest key updates regarding the VTBCommunity Blockchain. The Foundation’s team has been diligently working to improve various aspects of the platform, with a focus on optimizing performance and enhancing the overall user experience.

Updated EOS Node: Embracing the Latest Advancements

The VTBCommunity Foundation is pleased to inform you that it has implemented a comprehensive update to its EOS node. By upgrading to newer versions, the Foundation ensures that the VTBCommunity Blockchain remains at the forefront of technological advancements, enhancing its capabilities and security.

This update also involves removing overhead from the node, resulting in a more streamlined and efficient system. As a result, the response time for transactions and other activities on the blockchain has significantly improved. VTBCommunity users can now experience faster and smoother interactions within the platform.

Furthermore, this update provides us with better control over data management, ensuring that the blockchain operates with enhanced stability and reliability.

Optimizing APR Calculation Computational Overhead: Ensuring Efficiency and Accuracy

The VTBCommunity Foundation understands the importance of computational efficiency in blockchain operations. To that end, the Foundation’s team has diligently worked on optimizing the APR (Annual Percentage Rate) calculation computational overhead on the VTBCommunity Blockchain.

By reducing the computational requirements, the platform’s performance is enhanced, allowing for smoother and quicker APR calculations. This optimization also improves the robustness of the calculations, ensuring accurate and reliable results.

The commitment of the Foundation to efficiency and accuracy ensures that its users can enjoy transparent and precise APR information, enabling them to make informed decisions within the VTBCommunity ecosystem.

Expanded Fee Payment Options: A More Versatile Crypto Experience

To enhance accessibility and flexibility, the VTBCommunity Foundation is delighted to announce the expansion of fee payment options on the VTBCommunity platform. Users now have the convenience of using all cryptocurrencies, including VTBT and VTBC, for fee payments.

This enhancement eliminates the need for users to make ETH/EOS deposits for fee payments, offering a seamless and efficient transfer process between accounts. Additionally, users can convert their cryptocurrencies directly, simplifying their interactions within the ecosystem.

With these changes, the VTBCommunity Foundation strives to create a more user-friendly experience, making it easier for community members to engage with the VTBCommunity Blockchain and enjoy its various features.


The VTBCommunity Foundation remains committed to constant improvement and innovation. With the updated EOS node, optimized APR calculations, and expanded fee payment options, the Foundation aims to provide community members with an exceptional blockchain experience.

The VTBCommunity Foundation extends its heartfelt gratitude to all VTBCommunity members for their unwavering support and active involvement in its journey. Your valuable feedback and continued participation drive the Foundation forward as we strive to build a stronger, more efficient, and user-centric blockchain ecosystem.

Thank you,

The VTBCommunity Foundation

VTBCommunity Blockchain Completes Transition to Proof-of-Stake (PoS) Consensus Mechanism

VTBDex & PoS

 Date: July 26th, 2023

Available at https://vtbdex.com/

VTBCommunity Announcement – VTBDex Technical Updates – VTBCommunity Blockchain Completes Transition to Proof-of-Stake (PoS) Consensus Mechanism

Dear VTBCommunity members,

The VTBCommunity Foundation is delighted to announce the successful completion of the transition to the Proof-of-Stake (PoS) consensus mechanism on the VTBCommunity Blockchain. This momentous achievement marks a significant milestone in the Foundation’s commitment to providing a robust and sustainable blockchain ecosystem for its valued community members. Through this strategic move, the Foundation aims to foster greater trustworthiness and enhance the overall user experience within the VTBCommunity platform.

What is Proof of Stake (PoS)?

Proof of Stake (PoS) is a blockchain consensus mechanism where participants validate transactions and secure the network by staking their cryptocurrency tokens, reducing energy consumption and increasing efficiency compared to traditional mining methods like Proof of Work (PoW).

In PoW, participants compete to solve complex mathematical puzzles to validate transactions, which requires significant computational power and energy consumption. In contrast, PoS eliminates the need for resource-intensive mining and instead allows validators to be chosen based on the number of tokens they hold and are willing to “stake” as collateral, making it a more environmentally friendly and cost-effective approach to maintaining a secure blockchain network.

The switch to PoS empowers the VTBCommunity to build a stronger, greener, and more reliable ecosystem, providing its members with enhanced security, efficiency, and participation opportunities.

PoS Migration: Enabling Individuals to Run Nodes

One of the significant advantages of the PoS migration for the VTBCommunity Blockchain is the opportunity it presents for individuals to run nodes. This feature solidifies the network further, as community members can actively participate in securing and validating transactions by running their own nodes. By staking their VTBC tokens, these participants become validators, playing an essential role in the network’s consensus process and enhancing its security and resilience.

Adding Detailed Logging and Chain Monitoring Services

As part of its commitment to continuously improve the blockchain’s performance, the VTBCommunity Foundation has implemented more detailed logging and chain monitoring services. These monitoring services play a vital role in ensuring the blockchain’s stability and reliability:

  • Close Monitoring of Nodes and Storage: Detailed logging and monitoring services allow the Foundation to keep a close eye on the health and performance of individual nodes and storage systems. This real-time monitoring ensures that nodes are running optimally and that potential issues are detected and resolved promptly.
  • Traffic and Demand Monitoring: The Foundation closely monitors network traffic and demand for scaling. This proactive approach allows the team to anticipate and address any increased demand on the network, ensuring smooth and efficient transaction processing.
  • Node Management and Maintenance: With detailed logging, the Foundation can efficiently manage and maintain its nodes. This proactive maintenance approach helps prevent potential downtime and ensures that the blockchain remains operational and accessible to its community members.

Recap: Balanced Total Supply through Token Burning

To recapitulate on its official announcement made on the 27th of June on its official Telegram channel, the VTBCommunity Foundation created 1 million VTBC tokens as rewards for participants engaging in Proof of Stake (PoS) activities during its maintenance phase. However, this token creation led to an increase in the Total Supply, reaching 41 million VTBC. To ensure a balanced and equitable distribution, the Foundation proactively burned 1 million VTBC tokens from the Foundation’s wallet, effectively reducing the Total Supply back to 40 million VTBC. This prudent action aims to maintain a harmonious token economy and reinforces the Foundation’s dedication to transparency and fair distribution within its blockchain network.

Advancing Towards Integrity and Reliability

With the completion of the token-burning process, the VTBCommunity project takes a significant stride towards achieving a reliable blockchain ecosystem. The PoS consensus mechanism ensures that participants can actively contribute to the network’s security and validation by staking their VTBC tokens. This innovative approach empowers community members to play an integral role in the decision-making process and ensures the continued integrity and reliability of the VTBCommunity Blockchain.

Benefits to VTBCommunity Members

The successful transition to the PoS consensus mechanism brings an array of benefits to the VTBCommunity members:

  • Greater Network Security: The PoS consensus enhances the network’s security and resilience by encouraging active participation and stakes from community members, effectively deterring malicious actors.
  • Energy Efficiency: Unlike traditional Proof-of-Work (PoW) systems, PoS reduces the energy consumption required for mining, making it an eco-friendly alternative.
  • Incentivized Participation: By staking VTBC tokens, community members receive rewards, creating a thriving ecosystem that encourages active engagement and knowledge sharing.

Gratitude to the Community

The Foundation extends its heartfelt gratitude to each and every VTBCommunity member for your unwavering support and commitment throughout this remarkable journey. Your active involvement and engagement have been instrumental in driving us forward, and the VTBCommunity Foundation is thrilled to have you as part of this growing community.

As the Foundation forges ahead in shaping the present and future of the VTBDex, it remains steadfast in its dedication to delivering cutting-edge blockchain solutions and fostering a dynamic and inclusive ecosystem.

With continued support from its valued community members, the VTBCommunity Foundation looks forward to propelling the VTBCommunity project to greater heights and creating a pioneering blockchain ecosystem that stands at the forefront of innovation.


The successful transition to the Proof-of-Stake (PoS) consensus mechanism marks a significant milestone for the VTBCommunity Blockchain. With PoS migration allowing individuals to run nodes and the implementation of detailed logging and chain monitoring services, the VTBCommunity Foundation reinforces its commitment to delivering a sustainable, secure, and efficient blockchain ecosystem for its valued community members.

Thank you,

The VTBCommunity Foundation

VTBDex IPFS Integration

VTBDex IPFS Integration

 Date: June 3rd, 2022

Available at https://vtbdex.com/ipfs

VTBCommunity Announcement

Dear VTBCommunity members,

We are thrilled to announce that the VTBDex has successfully integrated IPFS and included a tab on its menu for ease of access!

In this article, we will be explaining what IPFS is, how blockchain technologies face in terms of data storage and management, and finally, how the VTBDex makes use of IPFS in the most amazing ways!

What is IPFS?

The InterPlanetary File System (IPFS) is a protocol and peer-to-peer network launched in 2015 by Juan Benet, founder of Protocol Labs, with the purpose of storing and sharing data in a distributed file system. It uses content-addressing to uniquely identify each file in a global namespace connecting all computing devices in a secure, transparent, and scalable manner.

The Challenges of Blockchain Technologies

It is important to understand that blockchain technology in general, suffers from several fundamental issues related to how it stores such large amounts of data to operate proficiently. It regularly holds complete instruction data on the blockchain which increases its size, slows down replication speed, downgrades performance, and ultimately increments computation expenses.

By integrating IPFS into blockchain processes with clever methodologies, as the VTBCommunity has been able to achieve, users can consult information and complete as many transactions per second as required at any given time, competently resolving most, if not all of the issues mentioned above.

“The VTB project has chosen to employ blockchain technology for various reasons. The challenge was to deliver transparency and auditability, only delivered by public blockchains. Therefore, since none of the current public blockchains met the Foundations criteria, the Foundation built a custom blockchain for all the project’s requirements that will come in stages.” – VTBCommunity White Paper

How is IPFS used on the VTBDex?

As described in the VTBCommunity White Paper, the IPFS protocol allows the VTB Blockchain to function in full transparency and with improved scalability, stability, and security. It does so by performing back-ups of the blockchain data on IPFS and using the Ethereum public chain to hold the IPFS address.

The VTB system runs on a methodology using a Layer-2 coupled with a sidechain pattern, resulting in fast and flexible performance and maintaining a very low operational cost, while ensuring its users’ private/public key pairs are operating under their control. This makes the most of the system with improved scalability and enables great management of the entire project.

The various chain interactions which incur operational costs, including cloud-based services, chain maintenance, APIs, and the transactions themselves, are completely covered and accounted for in the present VTB system by means of intelligent and cost-effective procedures. This is carried out by not reporting every transaction, but rather by submitting the runtime state to an IPFS address and therefore to Ethereum’s expensive chain, clearly grouping all transactions for a specified time.

“A multi-source configuration is used for APIs, such as Infura for ETH and Block Producer snapshots and or APIs for EOS, to reduce risk and prevent any breaking changes. In conjunction, external smart contracts and accounts are used to accept deposits of their respective native currency. The Ethereum smart contract will also keep a stored IPFS address to allow users to constantly view the VTB Blockchain and verify their VTBC balances through third-party applications.” – VTBCommunity White Paper

The new IPFS Tab on the VTBDex

The VTBDex publishes balances, prices, and other critical information at least once per day to IPFS so that members can verify their balances independently. Using JSON files, an open standard file/data interchange format used to store and transmit data objects, the VTBDex circulates data to IPFS to keep transparency and reliability always accessible to the public.

Even though this data transmission process to the IPFS protocol is taken care of quite effectively as a regular VTBDex operation, the data becomes bulky and awkward to read in its JSON format. For this reason, an IPFS tab on the VTBDex has been added to display up-to-date “snapshots” of the most recent data sent to the IPFS protocol in order to enhance the overall experience of our users.

Image source: https://vtbdex.com/ipfs

Moving Forward

With this IPFS upgrade, VTBDex users will benefit from having access to a better-looking IPFS interface and easily navigating through IPFS-published information with convenient search functions.

Visit the VTBDex and have a look at the newly added features of IPFS integration at vtbdex.com/ipfs.


VTBDex Launch Announcement

VTBDex Launch

Official Launch Date: January 31st, 2022

Available at https://vtbdex.com

VTBCommunity Announcement

Dear fellow members of the VTBCommunity,

As a tremendous step towards offering safe and cutting-edge financial technology solutions to our members, we are proud to give an official notice of the successful completion of the VTB Blockchain. However, while this instrumental feat is undoubtedly the backbone for the VTBDex and its entire operation, it is essential to keep in mind that we are still performing adjustments to prevent inadequate migration incidents for any of our members once it becomes publicly available.

With this in mind, we hereby state that the official launch of our proprietary decentralized exchange platform, the VTBDex, will take place on the 31st of January, 2022, and that it will be open for access at the domain https://vtbdex.com.

VTB Migration Guide (Ethereum)

The VTBCommunity Foundation is aware of the challenges for both new and experienced users of blockchain technology. Therefore, we’ve decided to aid in conducting the VTBDex migration process in a seamless and clear-to-follow manner.

We have created a step-by-step guide on a particular topic with the knowledgebase section of the VTB Forum. We comprehensively cover Polkadot & MetaMask account creation and wallet synchronization with the VTBDex in support of Ethereum users.

The VTBDex Migration Guide can be accessed by going to bit.ly/VTBDex-Migration-Ether.

Additionally, as part of our commitment to providing the proper support for our French-speaking members, we make the guide available in French and English versions, offered as a downloadable PDF file with the access links within the same topic of the forum mentioned above.


New VTBCommunity Foundation Website

We are proud to announce the completely renovated website launch for the VTBCommunity Foundation!

The new website for the VTBCommunity Foundation is located at vtbcommunity.org, and it comes with a completely renovated technical document, the VTBCommunity Project White Paper that is readily available for download at the foundation’s website (English Version | French Version | Spanish Version).


VTBCommunity Website Launch

The new website for the VTBCommunity Foundation comes with a completely renovated technical document, the VTBCommunity Project White Paper that is available for download in English, French & in Spanish.


  • VTBCommunity Foundation Organization Profile
  • Extended Technology & Concept Description
  • VTBCommunity Members’ Forum
  • VTB Knowledge Repository
  • Frequently Asked Questions Area
  • Terminology Appendix
  • News Corner: Announcements & Events
  • Consolidated Support & Contact System



The VTBCommunity Foundation (VTB – “Validus Tutis Beneficium” stands for “Strong Secure Benefits”) is a non-profit entity established in Gibraltar in September of 2021 that offers a revolutionary financial assembly and predictable ecosystem developed as a bold response to the dynamically inflationary money mechanic. It will perpetuate the principal objective of providing expectable economic value and unmatched stability to its users based on temporality, capital injection, and transactional numericity.

In its development stages, the VTBCommunity Foundation has been through extended periods of complex restructuring and reassessment to evolve its financial proposal, ensuring stability, scalability, and predictability.

“The new website for the VTBCommunity Foundation is located at vtbcommunity.org, and it comes with a completely renovated technical document, the VTBCommunity Project White Paper that is readily available for download at the foundation website.”


It is with immense pleasure that we reach out to the community to announce the successful migration of our decentralized exchange to its final stage, the VTBDex.

We also introduce the new foundational structure, technicalities, and new frontiers of our endeavours as an integrative financial proposal, the VTBCommunity Foundation.

2021 will go down in history as the rebirth of the project. The Foundation was aware earlier this year that the entire system needed to be rebuilt from scratch, as it was fundamentally impossible to try and save the old to make it look like the new.

You may download the VTB Announcement PDF by going to bit.ly/vtb-migration.

So, we had no choice but to redo everything and that is exactly what we did.

The new token system is now titled “VTB.” Therefore, we will use the VTBC and VTBT terminology as the dual-token root to work with.
It is essential to emphasise that it is an entirely new project and that everything is completely different from past iterations.


The new Decentralized Exchange is now VTBDex and operates under the vtbdex.com domain with an optimised infrastructure, an enhanced performance, and an extended e-wallet compatibility.


The new website for the VTBCommunity Foundation is located at vtbcommunity.org, and it comes with a completely renovated technical document, the VTBCommunity Project White Paper that is readily available for download at the foundation website.

*Note: The two websites are now the official websites of the Foundation. Additionally, all social media channels appropriately listed on such websites are in place as the Community’s only official accounts. Anything that is not linked on the official websites is not and will never be considered as a part of the VTBCommunity Foundation.

Please make sure to share these facts with other members of the community that you may be in touch with.



It is the reason why the VTBCommunity Foundation has decided to perform a complete overhaul & reestablishment of its solutions, primarily considering our community members’ financial well-being and, of course, staying true to our core values and overall mission as a non-profit entity with our distinctive forward-thinking envisioning.


This fact is something that you will be able to read in our White Paper.

To build a business ecosystem around the VTB, we needed to ensure that we secured the Foundation and that the project (token) would be protected in time.

In the coming weeks, you will see announcements of the progress and the expected beginning dates of the different parts of that ecosystem.



We have also launched our VTB Forum section where feature requests, announcements, and traders corner, among others, will become active and prominent sections of our website, acting as a repository of information for every VTBCommunity Member to consult.

You can visit the VTB Forum by going to vtbcommunity.org/forum and you may find the VTB Forum’s Rules at vtbcommunity.org/forums/topic/vtb-forum-rules.

On the other hand, we are now attending to VTBCommunity members on our new Official Telegram Group, offered at t.me/VTBCommunity. You may find the rules for our Telegram Group on bit.ly/vtb-telegram-rules


The Foundation designed this project to bring stable value-added assets to people, businesses, and merchants alike at the lowest possible risk while reducing the impact of an increasing cost of living. Also, this project allows the individual to be intentional about the financial system they wish to use instead of using the default. Price predictability, stable low fees, and simplified access to blockchain assets are salient benefits that set it apart. To drive the use of the asset, VTB is working with a profit-driven entity, whose goal is to offer financial tools in a business ecosystem delivering unique features to the community, such as a crypto advance program, a merchant platform that includes a fee-less payment system, a reward program for the merchants, and many others incentives for the users.

VTB is not only building the foundation for an ecosystem; it is also creating the associated network that follows. This is a complete project comprising an interactive movement between assets and users: assets need users, and users require these assets to work for them; it just makes sense.

Additionally, VTB welcomes businesses, for-profit, non-profit, and even governments so that, thrust by their utilization, the fundamental asset will continue to grow accordingly.

Coherent with the blockchain space of tomorrow, VTB is honing its efforts to drive solutions for several of the barriers mentioned above. These solutions result in a blockchain-based architecture that not only people can use in an easy, low-risk manner, but businesses can as well by removing some of their overhead costs in an equally low-risk environment. The ease of use allows adopters to utilize their smartphones to perform these VTB interactions.

Data Transfer Technologies

Digital technologies have propelled our every communication and transaction into a new era of interconnection where data is transmitted rapidly from one part of the globe to another. In that same manner, electronic transactions are gradually replacing the need for tangible bills. Indeed, money has become increasingly virtual and synonymous with mere data transmission, especially with the emergence and expansion of the digital economy.

Having become mainstream nearly around the world, these data transfer technologies now require an expansion of their availed infrastructures, enabling users to move value in a safer, more accessible and utmost convenient manner.

Globally, people are seeking improvements in the current financial system. According to a study conducted in 2015 by Accenture gathering 2000 senior decision-makers around 15 countries, their use of analytics and Cloud-based infrastructure had increased by 34% and 30%, respectively, and in doing so, their primary concerns were security and keeping pace with digital advancements. In another more recent study, because of the surge of digital network use during our global crisis, masses ask for easy access, fast delivery and increased security for everything from bill payments to sending money to loved ones without going to a financial institution.

These necessities have driven the development of online banking and other electronic payment systems; many will show up in web searches. Money, assets, and wealth have been changing, and the next generation of financial instruments and vehicles will likely be built using something like regulated blockchain technology that enforces laws and protects people from fraud.

Meanwhile, a simple internet search will show that banks are starting to adopt blockchain technology globally. Having already proven its effectiveness and given its global demand, the time has come to expand upon its initial design and avail it to the world. In that respect, we believe that our project, VTBCommunity (VTB), cannot only achieve this task but provide other innovative financial opportunities.

VTB is designed to advance the digital money infrastructure by offering a stable and predictable growth asset. It is more straightforward, user-friendly and renders a rich end-user experience while lessening the often-cumbersome cost burden otherwise charged by the current financial systems and some alternatives.

More specifically, the VTB system is based on methodically increasing the asset value, thus progressively increasing users’ net worthwhile charging a fixed fee within the VTB system. This enables an expanded purchasing power to meet their goods and services requirements. Although its inherent vision may seem somewhat utopian, or as some may think, “too good to be true,” the fact is that its design is meant to transform the financial system’s past four to five decades of macroeconomics (since Simon Kuznets won the 1972 Nobel Prize in Economics) into something new. Take inflation, for instance, even with its annual fluctuations, the cost of living has continuously risen, and this year, 2021, has seen the highest yet (macrotrends.net). In terms of perspective, the CPI inflation calculator estimated that the purchasing power of US$1.00 in 2000 had decreased to 0.60 cents in 2021[1]. That being true, one could also say that similar assets to VTBC already exist, such as “Risk-free Bonds” typically seen as United States Treasury Bonds, but the ROI is far from sufficient to help anyone become financially comfortable let alone independent.

[1] https://www.in2013dollars.com/us/inflation/2000?amount=1

How is it remedied?

Let’s face it, whatever increase in wages employees have received or sales generated by most Small to Medium Enterprises (SME), their bottom line has flattened due to an equal or sometimes higher inflation rate simultaneously applied on goods and services for at least the last 20 years. This decreased buying power dwindles most people’s potential to live within their means. Home prices, for example, have become unaffordable to most, while the cost of food, another basic need, has substantially risen due to a high rate of inflation across many countries. Unfortunately, this never-ending cycle in a financial system serving its ends, not humankind’s, can only lead to an increasing lack and poorer societies.

The question that begs an answer is, “Why is this happening?”—followed by perhaps an even more important one, “How is it remedied?”. This project has considered these questions and found a way to transform them into remedies. Simply put, the refined and efficient solution is to take the rising cost of living and apply it to a system that works for the VTB users (community members) instead of against them. In this way, such community members can buy goods and services, food, housing, etc., in a safe, secure, and abundant manner using a new infrastructure built on blockchain.

Most debates about money are philosophical, but the real question is, “Are people willing to adopt positive changes?” or “What are they willing to accept in exchange for labor and or products?”. Recently, people in prominent positions are now accepting Bitcoin for their wages. Realizing that fiat money is only backed by debt, would everyone be willing to continue using it, even at a loss? Or would they happily switch to a medium of exchange based on growth and abundance? A brilliant person once said about finance and banking, “These are man-made rules; they are not natural laws, such as gravity.”

It means that humans can create any exchange system for their goods and services. VTB has created a system that will generate abundance for its users and holders.

In short, the VTB contribution to the digital money ecosystem is integrated into existing technologies utilizing a “layer-2” methodology using a sidechain pattern to ensure uncompromised security and stability. Moreover, this innovative system utilizes Ethereum and IPFS technologies to back up its data with transparency. In this manner, VTB provides a secure environment. For those already acquainted with cryptocurrencies, it is similar to an NFT where a token can be seen in a decentralized environment by accessing IPFS addresses through Etherscan. This transformation to the next level of digital money, assets and wealth was inspired by the now renowned giants, such as Bitcoin and Ethereum. Now is a time for the next generation of cryptocurrencies to meet the financial demand of the world with projects like VTBCommunity.