VanityPrice

(VNTY)

Vanity (VNYT) is a token dedicated to generating custom, personalized wallet addresses across various cryptocurrencies, including Bitcoin, Ethereum, BNB Smart Chain, Litecoin, and Dogecoin. These "vanity addresses" are unique, non-proxy identifiers visible on blockchain explorers, designed to be more memorable and user-friendly than standard alphanumeric strings. VNYT aims to simplify interaction with blockchain technology by making digital identities more recognizable and personalized.

Vanity (VNYT) addresses the problem of complex, unmemorable cryptocurrency wallet addresses, which can be a barrier for new users and lead to transaction errors. Its primary use case is the generation of personalized wallet addresses. VNYT serves as the exclusive currency for a marketplace where these custom addresses can be bought, sold, and traded as wrapped NFTs. Additionally, the token can be utilized for arbitrage trading and staking to generate passive income through programs offered on various crypto exchanges.

Vanity (VNYT) incorporates several key features designed to enhance its ecosystem and value. It boasts frictionless fee redistribution, ensuring a portion of transaction fees benefits existing holders. A liquidity deposit mechanism supports market stability. Furthermore, VNYT includes deflationary functions, such as a token burn with every transaction, which reduces the total circulating supply over time. The project also prioritizes a high-security protocol for generating and distributing vanity addresses, guaranteeing that only the requester gains access to their private key.

VNYT launched with an initial total supply of 10 billion tokens. Its tokenomics are structured to encourage holding and reduce supply, featuring a 2% burn from every transaction and a 4% redistribution to all existing holders. An additional 2% of each transaction is allocated to the Vanity Generation/Marketing Wallet, supporting project growth and adoption. An initial burn of 10.5% was also performed. The token distribution allocated 94% to the liquidity pool, with 3% for marketing initiatives and 3% for the development team.

The project's roadmap began with its launch, presales, exchange listings, initial rare address giveaways, and audit applications. Future plans are comprehensive, targeting the rollout of a dedicated marketplace for custom addresses, significant website revamps, and the implementation of user-requested vanity address features. The roadmap also outlines the ability to sell rare addresses using VNYT and aims to expand beyond just addresses to include other "Vanity products" such as custom usernames, domains, and NFTs, broadening the ecosystem's utility.

Yes, Vanity (VNYT) has undergone a full audit by Solidity.Finance, confirming its smart contract integrity and security. Regarding privacy and security, the project emphasizes a secure generation process for vanity addresses, designed to ensure that only the individual requesting an address receives access to its corresponding private key. However, users are advised to exercise caution during generation, ideally utilizing offline methods with trusted tools to prevent any potential compromise of their private keys, safeguarding their digital assets.