- Back to menuPrices
- Back to menuResearch
- Back to menuConsensus
- Back to menu
- Back to menu
- Back to menu
- Back to menuWebinars & Events
Circuits of Value
About Circuits of Value
Circuits of Value (COVAL) is a blockchain platform featuring key projects like CircuitBuilder and Emblem Vault. CircuitBuilder allows easy blockchain system integration with its drag-and-drop interface, enhancing user experience in blockchain automation. Emblem Vault uniquely merges multiple blockchain wallets into a single NFT, adding a novel trading aspect to cryptocurrency. The COVAL Token, evolving from Ribbit Rewards (RBR), has transitioned to the Ethereum blockchain as an ERC-20 token. In the ecosystem, COVAL is essential for creating Emblem Vaults, with a 250 COVAL minting fee for each vault. This fee is directed to the Emblem Handler contract and then to a burn address, regulating token circulation. Circuits of Value was founded by programmer Shannon Code, who teamed up with Sean Dennis and Gregory Simon, the minds behind ribbit.me, to pivot from Ribbit Rewards to COVAL, marking a significant rebranding and strategic shift.
Circuits of Value (COVAL) is a comprehensive platform that includes projects like CircuitBuilder and Emblem Vault, aimed at enhancing blockchain integration and automation. CircuitBuilder offers a drag-and-drop interface for users to easily connect different blockchain systems and logics. Emblem Vault consolidates multiple blockchain wallets into a single NFT token that can be traded, bringing a novel aspect to cryptocurrency. The COVAL Token, originally named Ribbit Rewards (RBR), has undergone significant transformations, including moving to the Ethereum blockchain where it now operates as an ERC-20 token.
COVAL is the indigenous token of the Circuits of Value ecosystem. Presently, COVAL is utilised for the production of Emblem Vaults, incurring a minting fee of 250 COVAL each. When a vault is established, the fee of 250 COVAL is transferred to the Emblem Handler contract and subsequently dispatched to a burn address.