Introduction
Vulkania provides industry-leading user experiences for crypto data aggregation and gamification to appeal to the wide spectrum of cryptocurrency enthusiasts while providing the administrative and promotional tools cryptocurrency projects need to remain successful.
As the cryptocurrency industry matures past its adolescence so too have the requirements of both investors and the projects those investors seek. The way in which data is displayed to users and controlled by projects must also evolve with the maturity of the industry.
However, Vulkania’s user experience must not be built only for battle-hardened crypto veterans. It is built with accessibility in mind to ensure all users can find the data they need – whether advanced or basic – to appeal to the largest segments of the available crypto market. Vulkania is built with autonomy in mind to ensure all projects listed on Vulkania control the way their data is displayed while leveraging powerful promotional tools to bring their project to the forefront of visitors’ minds.
Markets Served
Vulkania seeks to serve three primary markets in the crypto data aggregation industry niche. The synergistic relationship among these three markets ensures a persistent stream of new participants.
Cryptocurrency Investors & Enthusiasts
Investors and enthusiasts alike face an onslaught of data found in multiple locations across the web. Vulkania simplifies and aligns that data to become useful and convenient to the viewer while providing attractive and rewarding engagement features.
Useful Data
Data is a powerful tool but quickly becomes convoluted when it is provided without context across multiple sites. Vulkania ensures that the most relevant data for a project is provided in an attractive, easy-to-understand format such that initial due diligence can be conducted in a single visit.
Gone are the days in which an investor must visit Dextools to view the spot price chart, CoinMarketCap to check the token supply metrics, and EtherScan to view chain transaction activity. All relevant data points are provided to users concisely with additional prompts provided from the project itself on how to further research within the said project.
Presenting data clearly and attractively enables engaged and informed decision-making. Retaining users and bringing them back for future research sessions is our specialty.
Gamified Engagement
Ensuring visitors are not only provided with the information they seek but are also provided opportunities to engage with our entertaining Vulkania Crypto League, earning rewards whilst staying plugged into the projects we host and that they represent. Data is useful, but for many investors, once they are satisfied with their investment decisions for the short term they have little incentive to continue exploring new projects. Incorporating gamification using the same useful data helps projects remain more visible to prospective investors and ensures visitors have rewarding reasons to regularly visit Vulkania.io
Gamified elements are found in two primary forms.
Firstly, management-style competitions in which users select projects and apply strategic decisions to improve their chances of earning rewards. The first in this suite of games will be Vulkania Crypto League which provides clear benefits to not only the users participating in the league but every project listed on Vulkania. Users are rewarded with VLK and other sponsor project tokens (tokens other than VLK included in the league prize pool), and projects included in the league itself thereby improving their exposure.
Additional games and game styles are currently in development and will be further defined by the results we analyze from the Vulkania Crypto League.
Secondly, community-driven actions in which users have a direct effect on the visibility of a select project. Visit competitions and voting are prime examples of this in which the community’s action of visiting or voting on the dashboard improves the project’s score and visibility within the application.
Lastly, actions taken on the site can translate into greater rewards or strategic gameplay enhancements in one or more of the gamified elements throughout the application.
Cryptocurrency Projects
Projects building blockchain-based solutions face a plethora of challenges that Vulkania addresses.
Projects Control Their Data
Firstly, projects need control of how their coin data is displayed. There cannot be a fully autonomous solution given the numerous ways in which supply, burn, and minting tokenomics can be combined. Due to this either the data aggregation supplier or the project must control how key data points are displayed.
Take popular data aggregators CoinMarketCap or CoinGecko for example. In many instances, projects must actively petition support channels to have their supply data or even their logo updated.
Vulkania removes this frustrating bottleneck such that projects can manage their own tokenomic data so they can get back to progressing their products instead of muddling around with administrative issues created by other data aggregators. All the tools currently at the disposal of popular data aggregation solutions have been given directly to listed projects on Vulkania.io.
Cross Promotional Reach
Vulkania prides itself in fostering relationships with every project listed. Each new project listed represents an integration of the new listing project’s community into Vulkania’s community and vice versa. This cross-promotional relationship not only improves the exposure of Vulkania but to all listed projects. From simple Twitter cross-promotions to more project-integrated solutions such as the /dashboard Telegram command which outputs a project’s Vulkania.io dashboard in a sleek social card, the working relationship between Vulkania and the projects listed provides mutual resiliency in even the most saturated industries.
Control Sales Channels & Comms
Very few new projects are simple payment channel solutions. Most projects in today’s crypto industry are advanced solutions requiring precise communications and sales funnels to adequately convey the magnitude of what they are attempting to achieve and solve.
For example, does a project want a potential investor to go to their product website or their informational website first? These subtle differences make an impact on the opinions of users or investors in a cryptocurrency industry saturated with brilliant ideas and flashy products.
By allowing projects to control which sales channels and communications they want to be highlighted over others using custom links, Vulkania further passes much-needed control back to the projects.
Advertisers
Focused Audience Targeting & Effective ROIs
Cryptocurrency data aggregation allows for self-identification of the traffic visiting Vulkania’s suite of applications. By visiting and interacting with the site, it can be assumed a visitor is interested in cryptocurrency due to the nature of Vulkania.io. This specialized targeting improves the value of our audience to advertisers as a portion of the demographic “guesswork” has already been removed for them thereby offering them more focused targeting of their advertisements.
Product Line
A robust product line designed to appeal to the various stakeholders in the three primary market spaces in which Vulkania will function: Investors, projects, and advertisers.
Engagement
Vulkania Crypto League
The Vulkania Crypto League is an interactive management-style game that uses the performance of a player’s “team” of tokens to determine that user’s position among other players on a leaderboard. Through project selection and the use of unique boosts applied to the player’s “team” of tokens, players strategize how to achieve higher scores in an attempt to climb the leaderboard and win VLK tokens as well as the tokens of our listed partners participating as sponsors to the game events.
The Vulkania Crypto League will be built directly into the existing application but will exist in its own section of the site. We want to ensure that those that enjoy Vulkania.io for its robust and elegantly displayed data can still use the site for their due diligence and monitoring needs without gamified elements crowding up their screen. The game will be available to all users should they decide to explore it.
The Vulkania Crypto League represents the first application of a full suite of gamified engagement options for users and projects alike. All of these will have improved game elements for those players who have VLK in their wallets. No need to lock or stake the VLK tokens. Simply the act of having them in the connected wallets unlocks powerful features that provide a competitive, but fair advantage to the user’s play.
Visit Competitions
An attractive yet simple means for communities to influence their favorite project’s position on the Vulkania Rankings. Visit competitions can place two or more projects in a head-to-head competition for the amount of dashboard traffic they are able to generate over the duration of the competition.
Unique UI elements are placed into the application when a competition is running. These competitions can be purchased or won by the participating project(s).
Trust
DAAS Ecosystem
Aggregating the most useful and trusted data sources on cryptocurrency, Vulkania synthesizes the data into useful and accurate information for visitors.
Vulkania Check
Vetting services projects can choose to participate with Vulkania in order to provide additional transparency and trust to their project. The Vulkania Check ensures the project is a legal business entity, the contract is audited, team-provided liquidity is locked and the team is doxxed.
The supporting documentation must be submitted to Vulkania for the initial audit. Once approved, the project receives a visual badge next to their project name that identifies their project as passing the Vulkania Check.
Furthermore, redacted versions of all supporting documentation submitted to Vulkania will also be made downloadable to all visitors such to allow users the same access to due diligence information.
Vulkania Score
The Vulkania Score weighs the delta of visit engagement, delta of holders and total holders over a period of 24 hours creating an accurate reflection of a coin’s overall health. A proprietary algorithm producing each project’s Vulkania Score ensures that top spots on Vulkania.io cannot be simply artificially created. Ranking by only one metric such as market capitalization can be artificially generated for short periods of time as have been seen on other popular data aggregation sites in which a “no name” project rockets into the top 20 for a short period of time.
Advertising Reach
Global Banner Ads
The bread-and-butter of any traffic-driven business, advertising space placed front and center on the application’s UI is available for purchase by projects and advertising companies.
Ads are purchasable in VLK or BNB.
Ads purchased in VLK receive a 20% off discount; encouraging advertisers to purchase using the native currency. Of the VLK used for advertisement payment, 50% is sent to LAVA buyback (discussed later in this paper). The remaining 50% is allocated to the dedicated marketing fund.
Ads purchased in BNB do not receive the 20% discount but are still allocated in the same manner (50% to LAVA; 50% to marketing fund).
League Sponsorship
Our suite of games will be available for sponsorship by projects listed on Vulkania. This simply boils down to having direct advertisements and participation in a defined duration of one of the running games.
For example, within the Vulkania Crypto League each round of the league games can be sponsored by a project currently listed on Vulkania. The project’s own tokens would be provisioned and distributed along with standard VLK rewards, thereby “sweetening the pot” for game participants. This would be in addition to social media, media and site advertisement “air time” for this project.
Roadmap
Q1-Q2 2022
- Vulkania Crypto League v1.0 Released
- Educational Tools
- Continued improvements to user interface (UI), user experience (UX) and Search Engine
- Optimization for our suite of products.
Q3-Q4 2022
- Introduction of NFTs into Vulkania Crypto League
- Additional dashboard features and tools:
- New data metrics incorporated into UI
- Token voting
- MarketCap and Portfolio Calculation Tools
- Continued improvements to user interface (UI), user experience (UX) and Search Engine Optimization for our suite of products.
Q1-Q2 2023
- Vulkania API Endpoints & Subscription
- Vulkania Customizable Widgets
- Add Support of Additional Blockchains (Solana, Polygon, Tron)
- Continued improvements to user interface (UI), user experience (UX) and Search Engine Optimization for our suite of products.
Q3-Q4 2024
- Vulkania 2.0 website
- Partnerships with well known companies
Tokenomics & Allocation
Details
Token Type: BEP-20
Blockchain: Binance Smart Chain
Effective Circulating Supply: 20,000,000
Total Supply: 40,000,000
Decimals: 8
Allocation
* Team-controlled wallets do not participate in staking rewards system.
Liquidity
45% of total supply is allocated to PancakeSwap liquidity at launch and will remain locked. No ICO. No private sale. Fair launched on April 25th, 2021 using PancakeSwap.
Staking
20% of total supply is allocated for staking available through our staking pools.
Operational Funds
15% of total supply will be allocated to non-salary operational expenses. Operational funds can be used at anytime for marketing, exchange listing or development purposes.
Team
10% of total supply is allocated to team salaries. This wallet will remain fully locked for one year after launch. Thereafter, the wallet will allow for the withdrawal of 70k per month over a 5 year period.
Advisors
5% of total supply is allocated to advisors. Advisors will help the Vulkania team to achieve their goals by providing experiences, influence and contacts.
Giveaway
5% of total supply will be allocated to direct giveaways and competitions to the community.
Staking, Taxes, & LAVA
Vulkania offers several staking pools for durations of 0, 30, 90, and 180 days through its partnership with BrewLabs. These staking pools offer attractive APRs to appropriately compensate stakers. Just like keeping your cash in a bank account and earning interest, you can now send your VLK tokens to a staking pool and earn interest on your holdings.
Staking rewards are funded from the reserve wallet and are calculated to run for 3 years with no additional funding. Funding mechanisms to extend staking beyond 3 years are discussed later in this paper.
Perhaps the most powerful tool in Vulkania’s tokenomics is the introduction of LAVA. This contract feature executes a direct market buy from PancakeSwap from BNB collected in buy/sell transactions.
Contributions to LAVA’s treasury include buys and sells on PancakeSwap, which means every buy and sell of Vulkania tokens equates to more VLK being purchased by LAVA.
Use case executions also contribute to the treasury such as using VLK tokens to purchase additional boosts in the Vulkania Crypto League and advertising packages purchased by partners and sponsors.
VLK tokens purchased via LAVA will be automatically sent to the staking pool rewards wallet to perpetually fund staking pools past the originally team-funded 3-year period.
Taxes
Every buy is subjected to a 3% tax and every sell to a 6% tax detailed below:
LAVA Buy Back Treasury contributions will be used to buy back VLK tokens directly from the market. VLK tokens purchased via LAVA contract will be sent to the staking pool rewards contract.
Marketing Fund contributions will be used solely for marketing expenses. This includes but is not limited to advertisements, KOLs, partnerships, CEX listings and cross-promotions.
Liquidity Fund contributions will be used to further fortify the PancakeSwap LP.
Development Fund contributions will be used to pay for the continued development of the Vulkania ecosystem.