The whitepaper makes less and less sense - 5 of the 8 ages are directed towards volatility calculation - fine enough, what is the purpose of tracking volatility? It talks about VCTIE - " automatic bot trading based on VLTY values"? Trading what exactly? Why will Volatitily coin even track the volatility in the market? Is the bitcoin collected used to hold/trade the coins? If not, how will it act as a share? What is backing the volatility coin other than "it should track".
seems to be the basis and purpose of the bots... how the coin will track and reflect volatility is based off of the bots which are fed from the VCTIE. Without the reward system i don't think it would work, but it seems relatively plausible depending on how strong that motivation remains. I still don't own any, but i am watching.