What Is Vagabond (VGB)?
Vagabond (VGB) token used within the Vagabond ecosystem, which is a blockchain-as-a-service (BaaS) platform that aims to simplify the adoption of blockchain technology for businesses and individuals. The platform provides various functionalities, such as content management, project management, event creation, and a social media timeline. Additionally, Vagabond plans to become a decentralized autonomous organization (DAO) in the future.
Vagabond (VGB) Company Structure?
Vagabond (VGB) is an ecosystem of off-chain and on-chain organizations with legal and smart contracts that back them. The platform is operated by TRXF, which governs the platform and is responsible for creating and continuously developing it. TRXF GmbH is a German company that bears the cost of developing and running the platform, including employee salaries and the cost of legal representation. It generates revenue from Vagabond, and the success of TRXF is fully aligned with the success of the platform and the interests of all Vagabond Token holders.
TRXF GmbH & co KG is a limited partnership in which the founders of TRXF GmbH have invested in the company. The limited partners bear the full liability of Vagabond, where TRXF acts as the general partner and is the executing arm of Vagabond. The Design Studio UA, based in Ivano Frankivsk, Ukraine, is a design and development nearshore studio with 40 talents specialized in digital design and full-stack development. Design Studio UA is fully funded by TRXF GmbH and serves as the developer and design agency of Vagabond.
What Makes Vagabond Unique?
Vagabond is unique in several ways:
Ready-made functionalities:
Vagabond provides a series of ready-made functionalities that are available at the back-end/storage level and don’t require developers to write them into their source code. This simplifies the blockchain adoption process and minimizes costs and time to market.
Agnostic integration: Vagabond mixes blockchain and traditional application development in an agnostic way, allowing for easy integration into any infrastructure.
Ecosystem of off-chain and on-chain organizations: Vagabond functions as an ecosystem of off-chain and on-chain organizations with legal and smart contracts that back them. This creates a flexible and adaptable environment for businesses.
Enterprise-grade BaaS: Vagabond is an enterprise-grade BaaS (Blockchain-as-a-Service) platform that is ready to implement. It addresses the biggest challenges companies face in blockchain solutions, including cost and time of implementation.
Experienced team: The Vagabond founding team has a diverse background in strategy, finance, product, tech, marketing, and sales. They have established an in-depth expertise and a professional network that spreads across a multitude of international companies and investors from different industries.
Community-driven: Vagabond plans to make the platform a DAO (decentralized autonomous organization) in the future, putting the ecosystem in the hands of the community.
Content Module
This module is designed for information distribution purposes. It allows users to write and manage news, blog entries, and other content through the Vagabond CMS (Content Management System) with template management, a WYSIWYG editor, and collaboration and storage (IPFS) functionalities.
Event Module
This module enables the creation of customized event pages and ticketing tools, allowing businesses to run email campaigns with all the benefits of blockchain, such as tokenized tickets. It also allows for digital events to be run using popular tools like Zoom and Meet.
Project Management Module
This module allows users to manage their projects and integrate them into their companies' workflows. It enables users to find contributors, manage project funding, use APIs (e.g., Crunchbase), manage incoming funds, and work with a team in a project room with file storage and all common project management tools (e.g., Kanban Board).
Academy Module
This module allows users to run a standalone academy with videos, audio, and slideshows, or all together. It enables user management, payments, course progress, and course creation, storing the results (e.g., successful participation or passed) on the blockchain and tokenizing certificates.
Timeline Module
This module provides a rich-feature social media timeline with media support and the ability to store content on the blockchain. It is ideal for internal or external social network capabilities of projects, including a follower-, mentioning-, likes, and live-streaming system.
Vagabond Wallet Module
This module supports ERC20, BEP20, and XRPL tokens with purchase and share functionalities. It has an integrated payment provider, Stripe, making it easy to purchase tokens with fiat. Sending tokens across wallets to store them on a hardware ledger or sending them to exchanges to trade is possible with the Vagabond Wallet.
What purpose does Vagabond (VGB) serve
Vagabond (VGB) is the native utility token of the Vagabond platform. It has several use cases within the ecosystem, including:
Payment: VGB can be used as a payment method within the Vagabond platform, allowing users to purchase various services and products offered by the platform.
Rewards: VGB can be used to reward users for their participation in various activities, such as contributing content, participating in events, or completing courses.
Governance: VGB can be used to participate in the governance of the Vagabond ecosystem. Holders of VGB can vote on proposals and decisions related to the platform's development and future direction.
Staking: VGB can be staked to earn rewards and incentives, such as discounted fees or access to premium features.
Overall, VGB serves as a key component of the Vagabond ecosystem, facilitating transactions, incentivizing participation, and allowing users to have a say in the platform's development and direction.
Related Pages:
Read more about. Vagabond
Learn more about Vagabond Ecosystem.
Visit Vagabond website.
How Many VGB Are There in Circulation?
There is an initial maximum supply of 99,927,741.66 VGB tokens, of which an estimated 21,473,706.42 VGB are currently in circulation as of March 2023.
Where Can You Buy VGB?
SOLO is a token trading on the XRP ledger DEX, the most straight forward way to acquire VGB tokens would be to purchase them through XRPL DEX.
If you are looking for alternative exchanges where you can purchase VGB, Bitrue is a good choice. Keep in mind that investing in cryptocurrency can be risky, just like investing in any other type of asset.
How to stay tuned for further updates?
If you wish to receive more updates about Vagabond ecosystem and upcoming events, we suggest you follow @Vagabondappio on Twitter.
