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Summary of VINU Network
Key Points
- VINU Network is a blockchain-based project combining offline stores with virtual space stores.
- VNN is the native token offering utilities like NFT presale access, DAO governance, and more.
- Token allocation: Ecosystem (45%), Sales (10%), Team & Advisor (10%), Development (10%), Marketing (15%), and Reserve (10%).
- Founders: COINUP, a global company with 30+ years of experience in unmanned stores across Southeast Asia and Europe.
- VINU Network aims to integrate retail, property ownership, and more in one platform.
Numbers and Figures
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About VINU Network: Empowering a Decentralized Future
Introducing VINU Network (VNN): A Revolutionary Blockchain Ecosystem
The VINU Network is a pioneering blockchain-based project that converges the physical and virtual realms, focusing on unmanned franchise businesses in the real world. By seamlessly integrating hundreds of offline stores with virtual spaces offered through ‘VINU SPACE’, this innovative platform enables users to own and operate hybrid stores, unlocking a diverse range of experiences, including NFTs, memberships, rewards, and more.
VNN, the native token of VINU Network, confers upon its holders a multitude of benefits, including: exclusive access to VINU’s NFT presale, the ability to buy and sell VINU NFTs in the marketplace, DAO governance and voting rights, with additional utilities to be introduced in accordance with the roadmap.
The Allocation of VNN Tokens: A Breakdown
- Ecosystem Allocation: 45% (Distributed daily, with a monthly reconciliation)
- Sales Incentives: 10% (Disbursed according to the contractual schedule)
- Team and Advisors: 10% (Unlocking Schedule: 12 months post-listing, with monthly releases over 60 months)
- Development Fund: 10% (Unlocking Schedule: 6 months post-listing, with monthly releases over 200 months)
- Marketing and Promotion: 15% (Unlocking Schedule: Quarterly, commencing after listing)
- Reserve Allocation: 10% (To be utilized in the event of unforeseen circumstances)
The Visionaries Behind VINU Network: Meet the Founders
The VINU Network project, spearheaded by the VINU Foundation, is nurtured by COINUP, a seasoned global entity boasting over 30 years of operational expertise, with a robust presence of over 800 unmanned stores across Southeast Asia and Europe. Through strategic partnerships with esteemed global companies, including Alliance Laundry Systems, Samsung, LG, Speed Queen, and FAGOR, COINUP is expanding its unmanned store projects. Furthermore, COINUP has secured exclusive licenses for laundry equipment, IoT technology services, 5th generation kiosks, and energy-efficient AI systems, which seamlessly integrate mobile/cloud-based equipment management services (MLO, KLO) with IT technology. Notably, COINUP is also an authorized distributor of ‘Speed Queen’, the flagship brand under ‘Alliance Laundry Systems’, the world’s leading laundry equipment company, commanding a substantial 40% share of the global market.
With a dedicated team and an ever-expanding network, the VINU Network’s team leverages their diverse backgrounds, expertise, and collective know-how to craft a distinctive experience that seamlessly converges online and offline ownership, fostering innovative value creation.
What Sets VINU Network Apart?
VINU Network was established in 2021 under the auspices of VINU Foundation Ltd, with a visionary goal of seamlessly integrating retail and property ownership into a single, user-friendly platform, accessible to the average crypto enthusiast. This ambitious vision has since been realized, culminating in the creation of the VINU Network. The VINU SPACE boasts a unique competitive edge, poised to expand effortlessly into a diverse range of stable, real-world businesses. The VINU SPACE facilitates direct or indirect participation in the activities of unmanned stores worldwide, affiliated with VINU. Leveraging blockchain technology, the platform enables the rapid creation of transparent and efficient contracts and operations for new store start-ups and franchises. Moreover, it provides individuals with innovative blueprints, made possible through small, incremental contributions.