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Ven Digital Currency Overview from Hub Culture
- 2. Digital Currency ªNot issued by a government ª Serves as an alternative unit of exchange ª Legacy currencies in global commerce ª Passes through multiple institutions ª Fees ª Days ª High level of fraud and “charge backs” in eCommerce ª Digital currency in global transfers ª Direct from payer to payee ª Very low cost ª Instant ª Very low fraud risk
- 3. Digital Currency Moneyis becoming intelligent 2017 2.5 billion unbanked coming online 2018 Artificial intelligence agents/automated “bot” payments pass $1 Trillion 2020 50 Billion connected devices Cloud based, global currency is needed to service this emerging market
- 4. Unlocking Value inthe Social Graph Big data is unlocking the value of connections in the social graph and enables us to assign value to those connections. Virtual currency allows us to create and maintain accounts relative to connections. The bigger and more central the unit, the more value it contains. Eventually, all points on the social graph will mark a value, and the value will be able to be exchanged. Information = Currency
- 5. Digital Currency Alreadya $12 billion market 3,000+ “alt-coin” derivatives of Bitcoin 7 Billon est. digital currency market in 2013 10,000+ retailers accepting digital currencies Cloud based, global currency is needed to service emerging markets
- 6. Ven is theInternet Reserve Currency Ven is a global digital currency based on the Internet. It is 100% asset-backed, and less volatile than normal currencies. This backing includes carbon, linking Ven to environmental protection. Ven is highly efficient, exchanging instantly across borders at little cost. As of September 2014, over 370 Million Ven have been exchanged. 2007 AD – Ven Lion, Internet reserve asset 610 BC – Lydian Lion, the first coin
- 7. Ven Attributes Stable Global Green Secure
- 8. Ven’s Global AssetBasket
- 9. Ven Flow VenCentral Reserve Board Ven Trust GLACIER Authority Status Networks Finance Mobile Social Retail Sovereigns Exchanges Wallets Banks MELT Redemption Hub Culture Ven Cash HubID Ven Economy
- 10. ! Ven volatilityis much lower
- 11. Lots of companiesuse Ven Hub Culture has worked with many global brands over the years and maintains strong partnerships around Hubs and Ven. Over 60,000 global VIPs and experts have been personally engaged with over 20 Million Ven exchanged, 50% corporate
- 12. Ven’s Multiple ValuePropositions Everyday People ² Global exchange, instantly ² Virtually no loss of value ² Single global price Global Businesses ² Hedges exchange rate risk by 50-90% ² Speeds up payments ² Simplifies external accounting for trusted ecosystems, not just within company ² CSR: Carbon offset in every transaction Financial Institutions ² Reduces exchange rate risks in financial markets ² Addresses “price for carbon” issue without taxation ² Relief valve for currencies under pressure ² Facilitates capital transfer for challenging national markets
- 13. A New Identity:HubID
- 14.
- 15. Open Audits areComing Open Audit Initiative *reports Ven TX to new, open block-chain *creates audit transparency for other types of transactions *public accessed ledger, cryptographic key *uses HubID
- 16.
- 17. Digital Currency Comparison Bitcoin Ven Speculative – demand backed Hedge stability – from diversified asset backing Anonymous – numbered blockchain Transparent Social – linked to social network, HubID Decentralized – no authority to call Central exchange – a responsible reserve system CPU basis – sucks energy to process Asset basis – currencies, commodities, carbon Libertarian – lack of social contract Meritocratic – works within existing regulatory system Digital Cash – both public and private Digital Accounting – big data ledger, transaction histories Open Source – this is good Native Ecosystem – visible network, transaction tracing $50M daily – and over $8B total $2.5M total – projected 2014 FX trades: $1B Energy Hungry – energy intensive Helps Nature – over 5 million Amazon trees saved to date
- 18. Appendix Information aboutHub Culture, which manages Ven: Online Social Network HubID Authentication Pavilions for Redemption Ven Financial Services
- 19. The Hub Culturenetwork manages Ven Network + Knowledge + Places Global + Currency + Sales }
- 20. Hub Pavilions useVen Cannes New York Los Angeles Copenhagen London Davos Ibiza Rio de JaneiroIbiza London Davos Beijing Durban Copenhagen Ho Chi Minh City Sacramento
- 21. Digital social dashboard } Social + Transparent
- 22. Online stores driverevenue and redemption } $100M In online inventory available The Hub Culture Store enables crowd-sourcing of curated products and services from the community. Category and Item matrix allow for inventory promotion across the online network or at individual Pavilions. Sales inventory ranges from membership to hotel rooms to books to showroom furniture to commodities.
- 23. Get in touch For more information on the Pavilions, consulting services and content products please contact: Hub Culture Services Ltd. 16 Great Marlborough Street London, W1F7HS United Kingdom Toll Free: +1 844 HUB CULTURE t. +44 207 693 1106 f. +44 207 693 0965 m. +44 7974156458 info@HubCulture.com HubCulture.com Principal and Affiliate Offices: Bermuda Geneva London Hong Kong New York San Francisco Singapore The knowledge presented in this document is for the intended named recipient only and should not be passed, reproduced or distributed. All content and ideas presented in this document are the intellectual property of Hub Culture Ltd. © Hub Culture Ltd. 2002-2014 All Rights Reserved.