We wanted to build a token that would be able to disruptively change the dynamics of crypto economics.
What is VoltCoin?
This is a token whose aim is to track the volatility of a subset of the cryptocurrency market. There will be multiple instances of the token, each pointing at a different subset. The aim of the smart contract is to offer an index of the change in price over 1 hour, 1 day or even 1 week. This serves the purpose of giving the investors an indication of the current stability of the market and an option to transfer their investments into a more secure token. Thanks to the innovative concept, this can disrupt the economics of cryptocurrencies to render the market more stable.
How I built it
The token's smart contract was built using solidity. The process of getting it to deploy on a test blockchain was possible thanks to metamask, remix and etherscan.
Challenges I ran into
One of our first challenges was to understand the new language and the structure of solidity. Next it was to be able to connect a test blockchain from Ganache to Metamask and deploy it to remix. On the webapp side, we found some challenges with the database deployment.
Accomplishments that I'm proud of
We were able to finish in time and to connect all the pieces!
What I learned
We learned how solidity worked and how to be able to connect the code with the deployment and the website.
What's next for VoltCoin
We are planning on making our coin deployed on the real Ethereum blockchain and become tradable.