What Is Vitae Token: Growing Global Prosperity?

2 years ago, when I was only 18 years old, someone invited me to join a forum about a crypto currency coin on the Discord app. Back then, they were giving free coins to the community in a form of rain. To others, it was like an airdrop, but the coins were only distributed to the active members of the community.

The price of Vitae coin last 2018 was only about 0.00003 BTC or about $0.20 per coin. Today, 1 Vitae is now around 0.00025 BTC or $2.55 each.

Last 2018, I bought 1,000 pieces of Vitae coin, which costed me around 10,000 pesos or $200.00. That time, I didn't know that Vitae's value will grow drastically. Sadly, I sold off my holdings, but I was able to make $300 profit out if it. If only I held the coins I had back then, I would have sold it for $2,500 or around 250,000 pesos at its current price.

But, what exactly is this coin about?

WHAT IS VITAE?

• Vitae is developed with a purpose to change the world and bring freedom back to us. It provides a new age of social rewards network to give opportunity for financial freedom.

• Vitae is powered by many individuals who work in their respective departments. With an ever changing landscape of opportunity, the Vitae team is organized for success.

Vitae's Purpose:

• Vitae is not just a token. It has a purpose. This purpose is to provide prosperity through POS (Proof Of Stake), Master Node, Super Node and their own Social Rewards Website.

Vitae's Goal:

• The end goal of Vitae is to grow global prosperity. They empower people to take control of their lives. They hand us the tools to achieve financial freedom. The Vitae Charity fund addresses the less fortunate with no access to the platform.

The Vitae Team:

• Their team is composed of a group of determined and qualified individuals that are committed and motivated to make a change in how we use Social Media as a whole, and determined to leave a lasting impact for generations to come.

The Vitae Social Media Platform:

• Vitae has created a Social Media Platform that differentiates itself from other Platforms.

The following is its unique features:

• Privacy of their users is key.

• The Vitae-timeline is advertisement free.

• Users will be rewarded by being active on the platform.

• The quality of the content is a major concern.

The Vitae Community:

• Vitae is not only a social media platform but a group of people who are motivated to change this world by growing global prosperity, and by doing so creating a dedicated community.

• The community encourage durable relationships that extend beyond geographical and even virtual boundaries, to create together a sense of community. This behaviour allows every users to define its presence, gives a sense of safety and privacy to every member and creates the opportunity to connect beyond boundaries with every Vitae enthusiast.

• Mutual respect, self-esteem & edification are the basis of the strong community. These core values enables every individual to become the best version of himself/herself, by sharing the Vitae opportunity with everyone.

• The Vitae community has the sole purpose to create global prosperity.

The Vitae Token:

• Vitae token is a proof of stake utility crypto currency that is to be utilized on the Social Media application, to enable access to the products and/or services offered by a company.

• The Vitae utility token is supported with a high tech blockchain that will serve as the only payment method on our platform. This was chosen because the social media platform will be used worldwide.

• All transactions within the social media platform rely on the Vitae token. It allows smooth and secure transactions. The underlying technology could revolutionize the way we see and use money. This technology is Blockchain.

What is Blockchain?

• A blockchain is a growing list of records referred to as blocks. These blocks are linked using cryptography. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data.

• A blockchain records transactions between two parties. The system is efficient, it can be verified, and every transaction is permanent.

• A blockchain is typically managed by a peer-to-peer network. The recorded data cannot be changed. Tampering with one block requires the alteration of all subsequent blocks. This is not possible without a consensus of the network majority.

Now that everything is said and clear about what this Vitae Token is all about, it is time to answer the question:

WHY DID I INVEST ON IT?

I Believed on its Purpose and Goal:

• Vitae's purpose is to provide prosperity, and it's goal is to grow global prosperity.

• Vitae's purpose is to help provide a path for individuals to create income via the Social Media application. To enable people to come together with a purpose that fulfills the needs of each person.

• Isn't it amazing that no people on this planet will no longer suffer from hunger and poverty?

• All of us, as humans, are hoping for a better place to live in, where there is no single person, especially children, who are suffering because they don't have food on their tables.

• This is the reason why up until today, I am still one of the active members in the community. I believe and I support their purpose and goal.

• Joining the community has opened my eyes that there are a lot of people who are suffering of poverty and hunger. And as human, it hurts my feelings seeing other people experience these things.

I Support The Cause of Its Existence:

• Inflation- it is the rate at which the general level of prices for goods and services is rising and, consequently, the purchasing power of currency is falling. Central banks attempt to limit inflation, and avoid deflation, to keep the economy running smoothly.

• Debt- Sovereign Debt is held by people. The average income to debt causes enslavement for each person who has debt. In some countries the ratio between debt and income is over 10 to 1. Forcing 10 years of enslavement just to break even.

• Unemployment rate- 7.9% (2017 est.) The average world unemployment may seam small, but it does not calculate underemployment.

• This token was created to help in battling Inflation, debt and the increasing unemployment rate around the world. What a better world to live in if we are no longer suffering from inflation that makes our money of lesser value.

• If we get rid of the debt of the world, the debt of a country from another country, no person on Earth will no longer be a slave of capitalism. If this happens, then we can finally say that we are now totally free.

• The number of unemployed people are growing, and it is the reason why this project is created. To help give job for the unfortunate, and hopefully provide them income by rewarding them with the token.

IN CONCLUSION:

My trust and faith for the goal and purpose of this project remains firm. I just hope that someday, everyone will be able to experience a better life, where no one has to suffer from hunger and poverty. I can only hope that the vision and mission of this project that I believed in 2 years ago, will become a reality.

Sources:

https://www.vitaetoken.io

https://www.vitaetoken.io/wp-content/uploads/2019/12/VitaeWhitePaper.pdf