VAIOT Price
(VAI)
USD($)
VAIOT (VAI) Live Price Chart
Overview
About
Analysis
FAQ
VAIOT Live Price Data
The live price of VAIOT is $0.07505, with a total trading volume of $ 208,785 in the last 24 hours. The price of VAIOT changed by -8.49% in the past day, and its USD value has decreased by -23.52% over the last week. With a circulating supply of 351,092,124 VAI, the market cap of VAIOT is currently 26.35M USD, marking a --% increase today. VAIOT currently ranks #-- in market cap.
How do you feel about VAIOT today?
Note: This data is for reference only.
VAIOT(VAI) Profile
Rank--
--Expand 
Website
Documentation
Explorer
Contract
- Ethereum 0xD13cfD...95c
Audited By
- https://dev.vaiot.ai/AML_CFT%20Policy.pdf
Code & Community
Investors
- --
$0.07439
$0.08744
- ATH
- $2.42
- Price Change (1h)
- -1.17%
- Price Change (24h)
- -8.49%
- Price Change (7d)
- -23.52%
- Market Cap
- $26.35M
- 24h Volume
- $208,785
- Circulating Supply
- 351,092,124
- Max Supply
- 400,000,000
About VAI
How can I buy VAIOT (VAI)?
Buying VAI on KuCoin is fast and simple. Create an account, verify your identity, deposit funds, and start your trading. It's that simple! See How to Buy VAIOT (VAI) for more information. What Is VAIOT (VAI) Crypto?
VAIOT leverages the power of artificial intelligence (AI) and blockchain technology to develop Virtual Assistants (VAs) for use by businesses and consumers in multiple applications. The VAIOT personal assistant can be accessed on mobile devices using a convenient and natural user interface.
Organizations and consumers can use VAIOT’s blockchain-powered AI assistants and on-chain Intelligent Contracts to experience the automation of services and transactions. They can enjoy higher speed, convenience, and cost savings powered by its innovative technology.
In addition to offering unique mainstream use cases for blockchain and AI technologies, VAIOT-issued AI Tokens benefit from regulatory compliance. They are regulated under Maltese law as Virtual Financial Assets per the country’s Virtual Financial Assets Act (VFAA).
VAI is the native token of the VAIOT ecosystem and is the platform’s digital currency. It is used to pay for goods and services offered by solutions running on the platform, provide incentives to users and nodes, serve as collateral for the network’s price-stabilizing system VVAS, and more.
How Does VAIOT Work?
VAIOT is developed using a proprietary distributed network concept that merges AI and blockchain. All AI algorithms are processed on-chain, while the consensus mechanism is vital for creating Intelligent Contracts.
The distributed nature of the blockchain ensures consensus among all nodes about the decisions made using AI. It also protects the VAIOT technology from any potential manipulation or influence from external forces.
VAIOT’s AI utilizes IBM Watson components to provide machine learning capabilities. The platform leverages IBM Watson and its proprietary algorithms for most of its offerings, including AI Virtual Assistant and VAIOT Code Generation Engine.
VAIOT was developed using Cosmos SDK and supports blockchain interconnectivity through the Inter-Blockchain Communication (IBC) protocol. In addition to interoperability, using Cosmos SDK for VAIOT’s development provides the platform with higher scalability and modularity. The Tendermint consensus mechanism allows the VAIOT network to keep its applications and data secure even if one-third of the nodes turn malicious or stop functioning correctly.
The VAIOT Code Generation Engine (VCGE) uses AI technology to automatically convert an abstract description into an executable program on the blockchain. The same technology will then convert this executable code into an Intelligent Contract with high security and efficiency.
History of VAIOT and VAI Token
The idea of VAIOT originated in 2017 among researchers and tech enthusiasts, who came together to found the company a year later. In H1 2019, VAIOT was incorporated in Malta to become a part of the world’s first integrated framework for ICO regulation.
VAIOT completed its first successful funding round in Q2 2019, raising 1.5 million Euros to develop the project. In the year’s fourth quarter, VAIOT partnered with IBM on a development project to produce the company’s MVP.
By Q2 2020, the company was ready to become one of the first regulated companies under the VFA Act to conduct an Initial Virtual Financial Assets Offering (IVFAO). In Q2-Q3 2020, VAIOT obtained VFA status, registered its whitepaper with MFSA, and concluded its private token sale.
The VAIOT IVFAO launched in the third quarter of 2020. In the same quarter, the application on VAIOT and IBM’s collaboration on the MVP was complete.
The company unveiled its Virtual AI Sales Assistant in Q2 2021 with Intelligent Contracts as a customized mobile app for businesses seeking new digital channels. The Virtual AI Insurance Aggregator & Broker mobile app was launched in the next quarter.
In Q3 2022, VAIOT launched the Virtual AI Assistant for Consumers to let individual consumers use its solution as a personal legal assistant to create and negotiate contracts in real-time. VAIOT expects to migrate its platform and token from the Ethereum blockchain into a proprietary blockchain solution in 2023.
VAIOT (VAI) Price Movements ($)
| Period | Change | Change (%) |
|---|---|---|
| Today | $-0.00659 | -8.07% |
| 7 Days | $-0.02309 | -23.52% |
| 30 Days | $-0.00751 | -9.09% |
| 3 Months | $-0.00904 | -10.74% |
24H Investment Barometer
24H
- Buy
- The Investment Barometer represents the current sentiment of the majority of KuCoin users. It is based on multiple indicators, and can be used as an aspect to take into consideration when planning investments.
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VAIOT Conversion Rate
FAQ
How much is 1 VAIOT (VAI) worth?
KuCoin provides real-time USD price updates for VAIOT (VAI). VAIOT price is affected by supply and demand, as well as market sentiment. Use the KuCoin Calculator to obtain real-time VAI to USD exchange rates. Is VAIOT (VAI) a Good Investment?
VAIOT is an interesting crypto asset in your portfolio, especially if you wish to invest in projects with potential for mainstream use. As VAIOT releases more products for organizations and consumers, investor confidence in its native token is boosted, increasing the VAI to USD price in the market.
The rising interest in technologies like AI shines a spotlight on tokens like VAI, making it a valuable investment. The VAIOT price could increase as markets focus more on AI-related technologies and solutions.
The price of VAI token could also benefit from an improvement in the market sentiment toward cryptocurrencies. A risk-on mood in the global financial markets boosts investor interest in cryptocurrencies, supporting the VAIOT price.
What is the VAIOT Coin Price Prediction?
While it is impossible to offer an accurate VAI price prediction over any duration, there are critical fundamentals that drive significant price action and volatility in the VAIOT crypto, including:
Launch of Innovative Products and Services
The $VAI price experiences an uptrend when VAIOT adds new products and services based on AI and blockchain technology. As the use cases for its technology rise, the demand for its platform and native token could also increase.
Level of Adoption
Greater innovation could attract more users - businesses and consumers, to the VAIOT network. This could boost the demand for the VAI cryptocurrency and increase its appeal among investors. Both these factors could also drive up the price of VAIOT crypto in the market.
Future Developments
As VAIOT announces more integrations, partnerships, and investments, the value of VAI token could rise further. Such developments can expand the VAIOT ecosystem, making the VAI crypto a more valuable crypto asset to buy and hold.
Market Sentiment
Market sentiment is one of the most significant factors determining price trends in the VAI token. Positive or bullish sentiment among investors encourages buying activity in the market, supporting the VAIOT price. However, a bearish or risk-averse mood could cause sell-offs that can weaken the price of VAI.
What Are Some Use Cases of VAIOT Technology?
The following are some of the widespread practical applications for VAIOT’s technology:
AI Legal Assistant
VAIOT’s virtual AI-powered legal assistant can help law firms, businesses, and individual consumers request and obtain certain legal services, e.g., creating contracts. The product depends on a vast database of legal codes and best practices for multiple supported regions. Its users can generate legal contracts automatically in both traditional formats and digital contracts on the blockchain.
AI Crypto Protection Broker & Aggregator
VAIOT’s digital asset protection offering and Broker Platform offer investors a more secure way to invest in and hold crypto assets. The VAIOT Broker product adds an extra layer of protection so consumers can store their digital assets in custodial wallets and on CEXs with additional security.
AI Merchant (Sales Assistant)
This AI-backed product lets businesses offer an automated service distribution channel that consumers can use to buy their products and services. The AI assistant takes a customer’s requests as input data and recommends the right products or services based on their requirements. The whole solution enjoys a higher layer of security thanks to the underlying blockchain technology.
How to Use VAI Cryptocurrency
VAI is the native cryptocurrency that powers the VAIOT network. It has the following use cases:
Native Currency
The digital currency of VAIOT, $VAI, is used to pay for goods and services purchased and accessed on the platform.
Incentive Token
Users also receive Payback Bonus in VAI tokens after completing their purchase within VAIOT’s solutions. This mechanism is essential for the functioning of the underlying VAIBC feature of the platform.
Node Rewards
Nodes and network participants can earn $VAI when securing the network and contributing to the consensus mechanism. They receive rewards in VAI tokens for their efforts.
Crypto Asset to Trade and HODL
Trade VAIOT against other cryptocurrencies to profit from changing market conditions and volatility. You can buy or sell VAI or hold it long-term if you believe in the future potential of the VAIOT project. Review the current price of VAIOT, VAI current market cap, current circulating supply, and 24-hour trading volume, and perform technical, sentiment, and fundamental analysis on the VAI price chart before trading VAIOT in the crypto market.
How Many VAIOT Tokens Are There?
The VAIOT developers have fixed the total supply of VAI at 400,000,000. Of this, the circulating supply of VAI stands at just under 200,000,000 as of February 2023 - less than 50% of the max supply.
The token distribution of VAI is as follows:
1. 32% of the VAI supply was allocated for the token sale, and 15% of the share was set aside for the VAIOT team.
2. 25% has been kept for distribution as staking rewards.
3. 12% of VAI’s supply has been set aside for the partners of the VAIOT project.
4. 10% is allowed to the VAIOT ecosystem.
5. 6% of tokens have been distributed to the project’s advisors.
What is the all-time high price of VAIOT (VAI)?
The all-time high price of VAIOT (VAI) is $2.42000. The current price of VAI is down 96.90% from its all-time high.
What is the all-time low price of VAIOT (VAI)?
The all-time low price of VAIOT (VAI) is $0.00454. The current price of VAI is up 1,550.80% from its all-time low.
How much VAIOT (VAI) is there in circulation?
As of 12 22, 2024, there is currently 351,092,124 VAI in circulation. VAI has a maximum supply of 400,000,000.
What is the market cap of VAIOT (VAI)?
The current market cap of VAI is $26.35M. It is calculated by multiplying the current supply of VAI by its real-time market price of $26.35M.
How do I store VAIOT (VAI)?
You can securely store your VAIOT in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your VAI include using a self-custody wallet (on a web browser, mobile device, or desktop/laptop computer), a hardware wallet, a third-party crypto custody service, or a paper wallet.
How do I convert Optimism (OP) to cash?
You can instantly exchange your Optimism (OP) for cash using KuCoin's Fast Trade feature. This feature enables you to convert OP to your local fiat currency in just a few clicks. However, make sure to complete Identity Verification first to enjoy all the features you may need.