VapeBITS Smart Contracts
VapeBITS Blockchain (VAPE) is a ground breaking peer-to-peer payment solution for banks, merchant processors, vape industry (Vaporizers, E-Cigarettes, and other Electronic Nicotine Delivery Systems) and the alternative products industry.
The protocol is built upon a distributed open source internet protocol, proof-of-work (POW) consensus ledger and native currency. VapeBITS enables cross-border payments without the need of correspondents and is capable of transfer speeds of 90 seconds or less.
VapeBITS is an asset exchange smart contract token designed for the vape and alternative products industry that uses a proven industrial performance and scalable platform that doesn’t rely on the traditional routes or ICANN. VapeBITS operates smart contract applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference, without a middle man or counterparty risk.
VapeBITS if full of features like Dynamic Account Permissions, Recurring and Scheduled Payments with flexible withdrawal permissions, the creation and maintenance of corporate records, including the corporation’s stock ledger, referral rewards program and speedy and secure transactions.
80,00,000 have been pre-mined which account for 100% of the total final supply.
App Enabled Wallet (Google Chrome required)
Decentralized Exchange (DEX)
Integrated Fiat Currency Gateways: USD/EUR
Smart Contracts Platform – Easily Earn Discounts and Rewards
Coupon Functionality for Smoke Shops and Vape Shops
VapeBITS Total Supply: 80M
50% has been allocated the public: 40,000,000
Vapetek, Inc. (OTCBB Ticker: VPTK) will retain 20% of the total Circulating Supply of VapeBITS – 20,000,000
15% Will Be Distributed to the Vape Community, Software Developers, Good Cause Partnerships and Industry Partners. - 20,000,000
VapeBITS Smart Contracts Distribution:
The VapeBITS Token distribution is expected to provide the vape industry and alternative products community and participate in the VapeBITS distribution. Three percent of VapeBITS smart contracts will be distributed amongst the vape community and industry partners to bring awareness to the community.
Analyst Bonnie Herzog of Wells Fargo Securities estimated $4.4 billion in vapor product sales in the US in 2017. By 2019, the industry is expected to grow by 20% to $118.6 billion.
China is Expected Hyper Growth E-Cigarette Industry
Online reports point out that while the disposable e-cigarettes led the market until 2014, vape mods, box mods and ejuice products lead the space, followed by herbal vaporizers have seized the top market positions in terms of revenue generation. While the US market is expected to continue accelerating growth, China is predicted to grow at the fastest compound annual growth rate till 2025.
How to purchase VapeBits cryptocurrency:
VapeBITS smart contracts running on ERC20 Ethereum are currently available on EtherDelta Decentralized Exchange