🚀 Back in the top! - Our post was again in the recommendations on the main page of CoinMarketCap. And it happened thanks to your interest, engagement, and activity. Way to go!

🔸 You got an email! - We received a letter from Binance.com inviting us to apply for listing on Binance Innovation Zone, because our project is considered interesting. We've sent applications before and didn't get a response, but it was just a matter of time.

🛡 Quiz time! Last week's SEED phrase was successfully solved, which means tomorrow the quiz will start in Google forms. We'll remind you about the rules and the start of the quiz closer to Saturday night.

📈 Updated! - There was an update of bit.team. Updated the main page and the header to unify the projects. Also, there is a new cryptocurrency menu in the header, where almost 20,000 pages with information about cryptocurrencies are collected. And the highlight of the update was the addition of a voting menu on the cryptocurrency pages for a free listing on the bit.team exchange.

🌐 NFT VKontakte integration! - We managed to get a response from VKontakte about NFT integration. The form is already filled out and we are waiting for a response from VKontakte about the next steps of integration.

Vulkania.io: Revolutionizing Crypto Dashboards

Vulkania.io is at the forefront of providing plush and data-rich dashboards for cryptocurrency tokens. These dashboards offer project owners control and ownership via backend access, while delivering real-time price, transaction, and holder data to the project's community. The platform's utility token, VLK, plays a crucial role in enabling communities to represent their tokens in the Vulkania Crypto League. This league leverages the innovative ranking system of the dashboards to rate projects based on price, transaction, and holder activity.

The Vulkania Crypto League: Gamifying Crypto Engagement

The Vulkania Crypto League is an interactive management-style game where players compile a team of tokens, apply boosts, and compete against other crypto enthusiasts. The goal is to climb the leaderboard, with prizes awarded to over 50 players in each round and additional rewards for seasonal leaderboards. This gamified approach encourages users to stay engaged with the data and actively participate in the crypto market.

VLK Token: Utility and Benefits

The VLK token is a BEP20 token built on the Binance Smart Chain, serving as the native cryptocurrency of the Vulkania.io platform. Here are some of the key functionalities and benefits of the VLK token:

1. Reflect Token: VLK rewards holders with a 6% fee on every transaction. Of this fee, 1% is burned to increase scarcity, and 5% is instantly split among all holders. This mechanism incentivizes holding the token and creates a deflationary effect, potentially increasing its value over time.
2. Progressive Burn: 20% (8,000,000 VLK) of the max supply is reserved for additional burns. Every quarter, 50% of the total burned fees accumulated during that period are burned, further increasing the token's scarcity and rarity.
3. Dashboard Payment: For a project to get listed on Vulkania, it requires a payment in VLK. 20% of this amount is then burned, increasing the scarcity of VLK.
4. Advertisement: Once Vulkania.io attracts thousands of daily visitors, the platform plans to build a system that allows advertisers to pay for ads on dashboards using crypto, with a percentage of those revenues burned to increase the token's scarcity.
5. Premium Features: A premium plan allows users who have connected their wallet to Vulkania.io to unlock premium features, depending on the amount of VLK they hold. This provides additional value and utility to token holders.

Tokenomics and Distribution Model

The total supply of VLK is 40,000,000 tokens, with an effective circulating supply of 20,000,000 tokens. The distribution model is designed to ensure a fair release schedule and optimal utility:

1. Liquidity: 45% of the total supply (18,000,000 tokens) is allocated to PancakeSwap liquidity at launch and will remain locked.
2. Staking: 20% of the total supply (8,000,000 tokens) is allocated for staking available through staking pools.
3. Operational Funds: 15% of the total supply (6,000,000 tokens) is allocated to non-salary operational expenses, which can be used for marketing, exchange listing, or development purposes.
4. Team: 10% of the total supply (4,000,000 tokens) is allocated to team salaries. This wallet will remain fully locked for one year after launch, and then allow for the withdrawal of 70k per month over a 5-year period.
5. Advisors: 5% of the total supply (2,000,000 tokens) is allocated to advisors, who will help the Vulkania team achieve their goals by providing experiences, influence, and contacts.
6. Giveaway: 5% of the total supply (2,000,000 tokens) will be allocated to direct giveaways and competitions to the community.

Controlling Inflation: Token Burning and Staking Rewards

VLK employs several mechanisms to control inflation and maintain token value:

1. Transaction Fees: Every transaction incurs a 6% fee, with 1% burned and 5% distributed among holders.
2. Progressive Burn: 20% of the max supply is reserved for additional burns, with quarterly burns of 50% of the total burned fees accumulated during that period.
3. Dashboard Payment Burns: 20% of the VLK payment for project listings on Vulkania is burned.
4. Future Mechanisms: Vulkania plans to implement additional mechanisms, such as burning a percentage of advertising revenues and requiring VLK payments for premium features and API usage.

The Team Behind Vulkania

The Vulkania team consists of experienced professionals with extensive backgrounds in blockchain, finance, and technology:

1. Jonathan - CEO: With a background in computer science and extensive experience in the blockchain industry, Jonathan has been involved in several successful blockchain projects.
2. Sarah - COO: Sarah has a strong background in finance and business management, with experience in investment banking and financial analysis.
3. David - CTO: David has a background in computer science and engineering, with extensive experience in software development and blockchain projects.
4. Emily - CMO: Emily has a background in marketing and communications, with experience in digital marketing and blockchain projects.
5. Michael - CFO: Michael has a background in finance and accounting, with extensive experience in financial management.

Notable Advisors and Partners

Vulkania has partnered with Binance Smart Chain (BSC) and PancakeSwap for its token launch and trading. The project also has notable advisors who provide valuable insights and support to achieve its goals.

Conclusion

Vulkania.io is revolutionizing the way cryptocurrency data is presented and interacted with through its plush and data-rich dashboards. The VLK token plays a crucial role in this ecosystem