Virtue Utilities (VIRT)
Trade USD & Bitcoin for Virtue at the current market rate!
Virtue is a digital economic model based on Bitcoin. It allows our clients to easily interact with developer resources and value as well as visualize and automate the transfer of value. Virtue is currently only sold via Kordspace, and can be purchased as well as earned by interacting with Kordspace held domains and applications.
You can use it to send valuable token utilities to friends of Kordspace, pay for Kordspace products, developer hours, or convert it into USD / Bitcoin.
We find the most successful people are the most ambitious and motivated. Learn more about how to code for Web 3.0 and let us help you design a streamlined business model…
Virtue Let’s Us Build A Community & Reward Productive Behavior…
Get a healthy commission on converted orders in our system. Earn tokens to redeem for development time & code modules.
Earning Virtue is simple. Just participate in the Kordspace community! We reward you for your novel data which helps us stay in business and grow. We also make it easy for users to enjoy rewards by engaging in our community forums via the Kordboard, or by learning and earning via our video tutorial content.
Becoming a member
Sending a private message
Clicking on a link
Daily site visit
Submitting a Bitcoin wallet address form
Viewing posts, pages, forums, forum topics, forum replies, or products
Adding a forum topic to your favorites
Creating or joining a new group
Updating group profile (new avatar, cover photo)
Commenting on a group
New comment on a member profile
Creating new forum topic
Submitting general contact, internships, or freelancer form
Posting (approved) comments on blog posts
Leaving a product review
Daily log in
Sending a gift
Referring visitors via referral link
Submitting withdraw virtue form
Adding a new friend
Submitting a poll vote
Submitting a potential lead through our referral form
Browse our FAQ category tab list below and learn more about the utilities that run Virtue…
Bitcoin is a Blockchain technology, meaning it has a ledger which is kept current as transactions occur across many nodes / computers around the world. For transactions to occur they are protected by powerful encryption hashing. The electrical energy expended to secure a ‘block’ or page of this global ledger is substantial enough that it gives Bitcoin credence as a commodity, or a manufactured result of energy expenditure and in that respect is unique and by some considered to be a means of trade or exchange.
Kordpsace uses Bitcoin to back it’s Lightning Network Layer 2 implementation. This means we can resolve Bitcoin layer 2 transactions instantly within our application as the micro-transactions are batched and posted to the master Bitcoin ledger. All transactions that occur using Virtue are eventually recorded in summary to the global Bitcoin ledger, as we maintain your user privacy and act as a custodian for the service exchange.
Bitcoin is worth approximately 7K – 8K in USD as of 2019. Bitcoin is a volatile commodity and can fluctuate by ranges of 1000’s of dollars in a few hours. Much of this has to do with the geo-political implications the technology has had, allowing foreign businesses and the under-banked to use more valued and accessible forms of currency in opposition to their valueless government issues currencies.
Bitcoin Lightning Network is a new Layer 2 technology for the global BTC ledger. It allows developers to form micro-transaction economies in their apps, which serves as an incentive to users to conduct commerce in an abstraction layer that has real value instead of just meaningless ones and zeros. Having a decentralized organization around a token helps to ensure your money is safe and is being dealt with fairly by the large group of major shareholders interested in the platform. Many layer 2 solutions are arising, this was due to the need for quicker processing times for blocks. Now large volumes of micro-transactions can be summarized and written conservatively to First Layer decentralized ledgers.
Layer 2 technologies have since resolved many of the scalability issues associated with DLT’s. By having additional layers, it enables businesses to utilize more functional tools for writing their data into commodity format. The most feasible use case for decentralized ledger technology resides inside the transportation management industry. By helping to build solutions that work for real businesses, technologists and futurists work together to form enterprise software of the future on decentralized ledger technologies DLT.
Bitcoin refers to the primary, irrefutable digital ledger that spawn the creation of encrypted Blockchains. Since then many Blockchains have been added, with different code methods used for writing Smart Contracts or conditions in which a payment may be allowed to be sent or fulfilled. Bitcoin Lightning Network is an auxillary project formed to help create scalable infrastructure for the legacy Bitcoin ledger.
Bitcoin is valued for many reasons and fluctuates unpredictably at times. It follows many of the principals that govern stock trades on Wallstreet, as well as general Supply & Demand economics. It is considered by some a commodity which has valuations that can be predicted based on the clientele it serves and when those clients decide to use the technology. The big thing to know here is that first, it is very difficult to create a stable Blockchain. We are fortunate to have many to look at as fine examples. You may choose to value this commodity based off its merit as an electrical byproduct, or based off the developer hours spent to create it, or by the people who trade it daily so that they can pay for things internationally. One thing is for sure, we now live in a society powered by digital assets.
Check out our variety of accepted currency types. We are an internet organization that accepts many types of digital assets as payment for our services.
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