What is VFQ?
VFQ is a voucher currency issued by the OTO Foundation, as part of the ICO for its OTO blockchain crypto-currency. While VFQ is not intended to be represented on a blockchain, it can be spent and traded for other assets within the SilentVault wallet ecosystem. VFQ is awarded as a premium to purchasers of the OTO ICO. The VFQ vouchers will be usable in a number of iGaming applications, one of which (called ABC) is currently in beta test.
The fees currently charged by SilentVault for transactions in VFQ are as follows:
- Make VFQ voucher spend: 0.975 VFQ
- Receive VFQ voucher spend: 0.39 VFQ (first one is 0.13)
- Escrow exchange: 0.5% of amount, minimum quantity 25.0 VFQ
VFQ vouchers are bonused to purchasers at a pegged value of US $0.382, although they can be traded within the SilentVault Exchange at any price. To learn more about VFQ, please contact the OTO Foundation, or see the website oto.money.