The Vyvo Token is a utility token with a stable (fixed) value of SGD 1.00 which will not change over time, whereas the Vyvo Coin or VSC is a native coin of the Vyvo Smart Chain, it will only produce during the Ico (initial coin offering) phase and through the mining process, it is a Value Seeking Token and it will be used also for the gas fee transaction.
Its value is determined by the market.
These FAQs are designed to address Vyvo-related Vyvo Coin questions only. If you have questions relating to other general topics such as ERC 20 tokens, Ethereum, Gas, Smart Contracts, Fiat money, and cryptocurrencies, then we suggest that you do your research and seek out an expert in those fields that is willing to provide you independent advice.
Vyvo does not assign Tokens or promote investment, financial products, or income from the Token emission. Instead, Tokens are assigned by the Data Token Reward program and data production comes from Vyvo devices and third parties.