DVPNET AMA Recap Crypto Revolution Telegram Group

On 25th of January DVPNET conducted an AMA in Crypto Revolution Community. Our guest was Khvostova, Marketing Director of DVP. Lets take a look at most interesting points from our conversation.

INTRODUCTION

Danny | Crypto Revolution: Okay guys. It’s time for another portion of Crypto Revolution AMAs. Let’s welcome DVPNET.

Welcome Khvostova. Happy to have you with us today ??

Khvostova | DVP:

Hi, all, glad to be here and share some info about DVP with you guys

Danny | Crypto Revolution: Could you please introduce yourself to the Community?

Khvostova | DVP: Sure.

I’m Khvostova, Marketing Director of DVP. I worked as marketing director at Argo — Trade Network, Relax, UA and STYLUS, which brought me rich experience in global marketing. Glad to share more info about DVP with you.

Danny| Crypto Revolution: Great experience ?? Could you please introduce DVPNET in Layman’s term to the Community

Khvostova | DVP: DVP stands for Decentralized Vulnerability Platform. DVP is an international community of information security professionals (White Hats). By using the blockchain technology and token-incentive schemes, it endeavors to establish an anonymous security crowd-testing community, follow the core concept of vulnerability as mining, and create a decentralized security platform, coordinate between blockchain vendors and white hats, and improves the overall security of the blockchain ecosystem.

Blockchain is mostly applied in the financial sector at the moment, security must be a high priority. Otherwise, vulnerability might cause huge irretrievable economic loss. Actually economic loss relating to blockchain security incidents has been increasing every year. Under Under this circumstance, the supply of blockchain security researchers is unable to meet the demand of blockchain development. And we think security crowdsourcing is an ideal mode, through which vendors could offer rewards when they need to conduct security testing.

Compared with non-crypto crowdsourcing security platforms, such as HackerOne and Wooyun, DVP can break the mental state of hostility between vendors and white hats via blockchain technologies and token incentive. DVP has attracted 15000+ global white hats, which have strong technical strength and reliability, maintaining a very high enthusiasm on both mining or auditing.

Danny| Crypto Revolution: This is pretty impressive. Could you please mention few words for DVPNET Tokenomics and from where people can buy it?

Khvostova | DVP: DVP token has a capped supply of a total of 5 billion. There will be no inflation. DVP token is an ERC-20 token issued by Ethereum.

Allocation of Tokens:

Community and ecosystem: 40%

Used to support the operation and contribution of DVP community and ecosystem

Core Teams: 20%

Used to support and motivate core teams

Private Institutions: 15%

DVP will not raise funds publicly. It may select professional private institutions to raise funds globally.

Strategic Partners: 10%

Used to motivate external business partners to actively participate in the construction and development of the DVP ecosystem.

DVP Vision Fund: 15%

Used to invest DVP eco-projects

DVP is now trading on Bithumb, Bithumb Global and Gate.io under DVP/KRW and DVP/USDT pairs

Danny| Crypto Revolution: Project is pretty old as I can see already right?

Khvostova | DVP: Around 2 years. It’s just like Covid-19 paused the time, I thought we still in 2020. Yup, DVP has built the bridge for white hats and vendor for around 2 years.

TWITTER QUESTION

Khvostova | DVP: Well, DVP has built up strategic partnership with leading security teams:PeckShield and BCSEC. Any entity with security needs is a potential partner of DVP. During the two years’ operation, DVP has built up cooperative relationships with many famous projects and exchanges, including Contentos, NEO, Bibox, Gate.io, MXC, Math Wallet,F2pool, Vechain, Achain, Bytom, Elastos and Lambda.

DVP platform also prepares a rewards pool of extra DVP tokens and ETH to reward vendors and white hats who contribute value to the ecosystem of DVP community. The value contributed by vendors and white hats will be calculated according to a set of transparent ranking algorithms. As for algorithms details, please pay attention to the disclosure of official website.

https://dvpnet.io/

The bridge DVP built between vendors and white hats will attract more and more participants over the world.

LINKEDIN QUESTION

Khvostova | DVP: DVP token is the carrier of the value and the incentive of the ecosystem.

Usage

Vulnerability mining

“Vulnerability discovery is mining”, white hats who makes contributions would get a certain reward.

Community governance incentives

All kinds of community participants can get part reward of DVP tokens by making contribution to the community, which forms a good governance structure.

Other uses

Other uses for DVP ecological development and expansion, such as DVP related technology, product development, brand building and market promoting, etc.

Thanks, Danny. That’s for the LinkedIn question

DISCORD QUESTION

Why does DVP foundation plans to build DVP into an autonomous community? How to become a DVP community member?

Khvostova | DVP: At present, on the existing bounty platforms, the submitters are forced to reveal their personal information, including the claimed rewards. However, many security personnel are reluctant to do so, and may even give up the bounty for being unwilling to communicate with the vendors or reveal their personal information. Fortunately, the anonymous feature of DVP enables the white hats to be shy away from these issues, which will encourage more white-hats to be involved in the vulnerability discovery bounty plan.

You mean joining the white hats community. To join the technical platform and begin to discover, disclose and fix vulnerabilities as a white hats, just sign up and login https://dvpnet.io.

Danny| Crypto Revolution: What are your plans till end of 2021 to bring more Exposure and Partnerships for DVPNET?

Khvostova | DVP: At this stage, DVP is mainly providing services for blockchain vendors to improve the security of their products, such as wallets, dapps, and defi, so that the users of these products, that is, you, get a higher security of your assets. We’re gonna to conduct all developments that can bring better experiences for both vendors and white hats. And some new community rules for the expansion of the vulnerability collection may be announced. Sure there will be numbers of new partnerships. We’re keeping getting more and more participants involved. Please keep an eye on all our official channels. We’ll keep updating.

QUIZ PART

Question: The total supply is ___ DVP.

a) 5,000,000,000

b) 1,000,000,000

c) 500,000,000

d) 100,000,000

Answer: 5 billion.

TELEGRAM QUESTIONS

Telegram User:

Many projects rug pulled and exit scam recently. Why should investors trust your project not to do the same?

Khvostova | DVP: I’ll take this one as the first one.

The white hat community, with strong technical strength and reliability, is the foundation of the DVP platform. As DVP’s influence continues to increase, more and more vendors have joined the bounty program, and the bounty attracts more white hats, thus forms a positive cycle. Whether mining or auditing, the technical community has maintained a very high enthusiasm under the incentive. Moreover, the proportion of vendors’ fund in bounty incentives is getting higher and higher, which also greatly reduces the expenditure of the project’s own funds, enhances the sustainability of the project, and makes us more confident.

Telegram User:

Projects that are not traded on major exchanges remain unnoticed. What do you think about listing the token on the leading exchanges?

Khvostova | DVP: The 2nd one: DVP has traded on one of the leading exchanges — Bithumb. As the DVP platform attracts more and more high-quality vendors and gifted white hats, I believe other leading exchanges will see more value of DVP and DVP community.

Telegram User:

What’s the uniqueness of your project that can not be found in other project that’s been released so far? give me 3 reasons why I should choose DVPNET ?

Khvostova | DVP: The last one: 1)Blockchain security is quite a large market, more and more vendors begin to setup their bounty on DVP. With the continuous expansion of technology community and business, the demand for DVP will gradually increase, which will bring the expected increase of DVP value.2) Our model is healthy and sustainable. 3)And at last, you can try to find out our price performance in the past.

CONCLUSION

Danny| Crypto Revolution: Thanks for your time Khvostova. Final Words for Community please?

Khvostova | DVP: Great to talk to you guys here, welcome to the DVP community to get notified of all updates.

For more information and future AMAs, join our Social Media channels:

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Telegram group: https://t.me/crypto_revolution1

Twitter: https://twitter.com/revolut20?s=09

Our Partner:

Website: https://dvpnet.io

Telegram group: https://t.me/dvpnet

Twitter: https://twitter.com/dvpnetio