Vectorspace AI (VXV) is a blockchain-based, Ethereum-ERC20 cryptocurrency that leverages advanced algorithms and data analysis to provide valuable insights and predictions in various industries. It operates as a decentralized platform, facilitating peer-to-peer transactions and offering AI-driven solutions for data analysis and decision-making processes. The VXV token is used to pay for services on the platform and bridges the gap between NLP/ML/AI, crypto, data, and hedge funds.
Vectorspace AI (VXV) is a utility token that plays a central role in the Vectorspace AI platform, which combines artificial intelligence (AI) technology with blockchain technology. The token is used for various purposes within the platform, including:
Payment for Services: VXV tokens are used to pay for services on the Vectorspace AI platform, which provides AI-driven datasets and tools for professionals.
Dataset Distribution: The token is used to access and distribute datasets. Users can purchase datasets using VXV tokens, and the token's wallet address serves as an API key for dataset distribution.
Machine-to-Machine Transactions: VXV tokens are used for machine-to-machine transactions within a specialized exchange for datasets, where datasets are bought and sold similar to a crypto or stock exchange.
On-Chain Data Provenance: The VXV token tracks all changes to datasets, ensuring immutable ownership and provenance, which is critical for data security and governance.
Retail Subscriptions: Users can access thematic baskets and smart baskets for stocks and cryptos using VXV tokens.
Wrapped Asset Trading: Optionally, the VXV wallet can be enabled as a wrapped asset that can be traded on a separate exchange.
Overall, the value of datasets on the platform is directly tied to the VXV token, making it a crucial component of the Vectorspace AI ecosystem.
To store Vectorspace AI (VXV) tokens, you can use various wallets that support the token. Here are some options:
MyEtherWallet (MEW): You can view and manage your VXV tokens in MEW by selecting your wallet and choosing the VXV token from the tokens list.
Gate.io Wallet: This popular DeFi wallet allows you to store, exchange, and buy various tokens, including VXV.
Hardware Wallet: For added security, you can use a hardware wallet that connects to your laptop via a USB port. Simply send your tokens to the wallet address for Ethereum.
Atomic Wallet: This multi-asset wallet supports over 1000 coins and tokens, including VXV. It offers features like private key encryption, 24/7 support, and no registration or KYC requirements.
Trust Wallet: You can add VXV tokens to Trust Wallet by launching the app, navigating to the main wallet screen, and tapping 'Receive'.
These wallets provide different levels of security and convenience, so you can choose the one that best fits your needs.
To buy Vectorspace AI (VXV) tokens, follow these steps:
Choose an Exchange: Find a reliable centralized exchange (CEX) or decentralized exchange (DEX) where VXV is listed. You can refer to Coinmarketcap or websites like KuCoin, Uniswap, or ProBit Global for a list of exchanges that support VXV.
Create a Wallet: Set up a DeFi wallet like Trust Wallet, which supports the blockchain where VXV operates. Ensure you download the official Chrome extension or mobile app and keep your seed phrase safe.
Fund Your Wallet: Buy a base currency like ETH and transfer it to your wallet. You can use Binance to purchase ETH and then withdraw it to your wallet.
Connect to a DEX: Choose a DEX that supports your wallet and VXV. Connect your wallet to the DEX using your wallet address.
Trade for VXV: Select ETH as the payment and VXV as the coin you want to acquire. If VXV doesn't appear, find its smart contract address on Etherscan and paste it into the DEX.
Confirm the Swap: Once you've set up the trade, click the Swap button to complete the transaction.
Alternatively, you can use a CEX like Coinbase, where you can create an account, fund it with fiat currency, and then purchase VXV directly.
