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".
Great questions you make here.
dev, can you answer these questions?
The first questions are ridiculous , its like if the member asking that din't read a word of ann first post so i will answer only last one. Remember that making spam is not permitted here.
Part of the coins will be used to trade in the beginning, but as time pases, as the whitepaper says, you will receive tx fees if you are running the bot, and to run it you need VLTY so the coin itself creates value because traders wanting to use volatility to trade will need to buy the coin.