Vanig.io The Future of Shopping

Hello everybody, i have been checking and searching about Vanig project for about a month. You can check my previous blog post about Vanig Project clicking here.
Today i want to give you some more information about some questions that investors may concerned about Vanig Project. But before starting let me remind you what Vanig.io is.
Vanig is an e-commerce solution born on the blockchain. They aim to create an easier experience for both the sellers and consumers.

- How Vanig Team plan to control the price of products since crypto is very volatile?

Handling a sudden drop is a really a big risk for both sellers and buyers in cryptocurrency payments. Vanig Team replied such a question that they are going to make the best effort to match the current token price with the price of the products. They're discussing having the price reflect in near realtime to match what the token is exchanging for and the price of the product.
Several solutions they announced is summarized below:
To handle sudden drops from happening by keeping the token as stable as possible. including,
  • Vesting schedules for the team members so tokens can't be dumped to affect the price.
  • Buying back as many tokens as they can to keep the price of the token stable.
  • The dual token approach will help stabilize ups and downs like on steemit.
There will still be fluctuations, but with these measures, the fluctuations should be minor if Vanig team take precautions against volatility

- It is not comfortable for users to list the prices in Vanig tokens only. Will there be prices in fiat currencies too?

At this point, the emphasis for the MVP has been to use the Vanig token. Vanig will also accept fiat currencies. It is not so clear if they will be including the fiat price next to the Vanig price yet. Buyers will be able to choose alternative payments from a drop-down menu.

- What are special benefits of Vanig for consumers?

Is simple, everything is done in real time, consumers are able to track products with ease and information about defects are stored permanently in the blockchain, breaking that need for any bureaucratic process that may be involved in such.

Official Vanig Links:

Prepared by Stavri (Bitcointalk Profile) :

https://bitcointalk.org/index.php?action=profile;u=955201
ETH Wallet: 0xf263f99B27E37e97720b9DdaF525B565E18A89c2

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