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Allvor

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  1. Allvor Pay, Allvor’s e-commerce payment solution, is officially launched The Allvor Project has officially made Allvor Pay (the payment solution for e-commerce) available on Tuesday, February 5. With Allvor Pay, merchants can receive payments with Allvor at their online stores, with no additional customization required. The solution’s first version can be used by online stores that use the WooCommerce platform, which is currently installed in 279,909 virtual stores* worldwide. Soon we will have plugins for other platforms, such as Magento, which is already in development. How does it work? At the online stores using Allvor Pay, the consumer makes the purchase process as usual. By the end, at the store’s checkout, they choose to pay with Allvor. After choosing it, the system calculates the conversion rate from the store’s currency to Allvor and issues the invoice, which is displayed instantly to the consumer. The payment is made with Allvor (ALV). Once the payment is settled (in approximately 4 seconds), Allvor Pay displays the payment confirmation to the user. At the same time, the system also issues a confirmation to the online store so that the purchase flow and product delivery can continue. Payments without fees or middlemen The payments through Allvor Pay are not charged. We do not charge fees on payments or any kind of fees from merchants or consumers. And, furthermore, we do not have middlemen or perform custody of tokens. The payments through Allvor Pay are peer-to-peer, directly from the buyer to the seller. These features make Allvor Pay a unique payment solution in the world: instant payments at virtual stores, with 100%-blockchain transactions, no middlemen, no custody, and no fees. How to use it? To use the solution, the merchant must create an account in Allvor Pay, register the information of the virtual store, inform the Ripple account that will receive the payments, and generate the activation token. Then they just need to install the Allvor Pay plugin for WooCommerce in their store and use the token to activate the operation. In the restricted area, the merchant can track the generated payment orders and the status of payments. The Allvor Pay WooCommerce Plugin is available for download on the Allvor Pay portal and will soon be available in the WordPress directory. Just the beginning Allvor Pay is the main deliverable of the Allvor project so far. But that is just the beginning. Soon we will have the plugins for other e-commerce platforms, such as Magento, PrestaShop, and Shopify. In addition, we are studying partnerships to integrate payments with Allvor into proprietary e-commerce platforms. Useful links: Learn more about Allvor Pay and register. Download the Allvor Pay plugin for WooCommerce. * Source: Builtwith.com Access on 30/01/2019.
  2. Allvor in 2018 Q4: summary of actions taken https://allvor.org/2019/01/08/allvor-in-2018-q4-summary-of-actions-taken/ The image that illustrates this Q4/2018 report is the Allvor Pay invoice for e-commerce platforms. It’s not just an image, it’s an actual invoice for a $10 purchase generated and paid at a test shop*. It is the settled invoice 5 seconds after the payment. Below you can see the image of the invoice before the payment, in the versions with the copy-and-paste feature, or with the QR Code. This is the invoice you see after choosing to make the payment with Allvor at the checkout of the store. In many ways, these images represent our greatest efforts in 2018 Q4. We are currently getting the last details sorted to officially launch Allvor Pay with the WooCommerce plugin, which should happen in January. It will be a great achievement for Allvor and a significant distinguishing factor in relation to several crypto projects that have no real use case or that propose use cases that are yet to be effective. Allvor, like XRP, has a very concrete use case, it uses high speed, scalability, and stability technology. And after the boom from 2017 and the strong price adjustment in 2018, the market is more careful. In 2019, projects with an effective application and focused on real solutions will stand out. Allvor is among them. But in Q4 we have taken several other actions. The following is a summary of our main activities during this period: Development of Allvor Pay (merchant area) Specific portal for registration, generation of authentication tokens and monitoring of purchase orders made through Allvor Pay. Development of the WooCommerce platform plugin The plugin for WooCommerce allows Woocommerce virtual stores to start receiving payments with Allvor in just 5 minutes. Simply register with Allvor Pay, generate the authentication token and install the Allvor Pay plugin for WooCommerce on WordPress. It will be released in January, along with Allvor Pay and the Allvor Pay portal. Creation of the Allvor Pay Portal Allvor Pay will have a specific portal for merchants who wish to use the platform, which will work in a complementary way to the Allvor portal. It will be the portal for the merchant who receives payments with Allvor. Development of the Magento platform plugin We have started the development of the plugin for Magento, which should be released in 2019 Q1. Development of the Allvor Airdrop tool We have developed an airdrop tool for the Allvor distribution in campaigns and other Allvor promotional activities. The tool allows you to plan campaigns and make payments in an automated way. The Allvor Airdrop has been successfully tested at Bitconf Fortaleza in November and will be used in other project promotion strategies in the future. Development of the Allvor Pay POS We have developed the Allvor Pay POS from an Android 7.0 device and successfully presented it at Bitconf in November. The Allvor Pay POS is the first 100%-blockchain POS without custodial fee and for peer-to-peer payments you have seen. Participation at Bitconf Summer We have attended as a sponsor and had a booth at Bitconf Fortaleza. We have attended as a sponsor and had a booth at Bitconf Fortaleza. We have provided an espresso machine in our booth and presented the sale of an espresso using the Allvor Pay POS to the attendees. With that, we have been able to demonstrate that it is possible to pay for a simple coffee with Allovr, with real-time settlement and no fees, which makes it impossible for buyers to pay small amounts with most cryptocurrencies. Production of Allvor Pay promotional videos We have produced three promotional videos for Allvor and Allvor Pay, which can be accessed here: The Allvor team developing Allvor Pay, Allvor Pay: Allvor’s e-commerce payment platform and Paying for a coffee with a cryptocurrency – 100% blockchain-based transaction. Closing of the Distribution Program for XRP Holders On December 5, we announced the closing date of the Allvor Initial Distribution Program, which was effectively closed on December 31. Listing On the listings, although Allvor’s first listing on CriptoHub was confirmed, the new exchange has faced technical issues early in its operation. These issues led CriptoHub to choose to replace the technology used in its platform. CriptoHub has already announced the replacement of the technology that supports its exchange, and that is happening right now. Allvor’s listing, again confirmed by the exchange, will take place on the new platform. The date and details of the listing will be announced by CriptoHub. As soon as this happens, we will inform the community. In addition to CriptoHub, we have been in touch with other exchanges in Brazil and abroad. This is a long and often time-consuming process. We have made several contacts, attended to meetings, conferences and sent the project documentation. This is a continuous project activity and the results will be achieved over time. We will continue our efforts by showing that Allvor is a project with real, concrete use case and technology of excellence. Coinmarketcap Coinmarketcap currently requires that a cryptocurrency is previously listed in two exchanges, with data indexed by CMC, in order to be listed on the platform. As Allvor has not yet been listed, it was not possible to fulfill this requirement. We continue the listing efforts and follow the evolution of the criteria used by Coinmarketcap for the listing of projects. *At the time of the invoice generation (01/08/19 11:20hs, Brasília time), 10 USD was equivalent to 7478 ALV.
  3. Allvor in 2018: standing on the shoulder of giants https://allvor.org/2018/12/26/allvor-in-2018-standing-on-the-shoulder-of-giants/ What an incredible year, my friends! We from Allvor can only thank everyone for your trust in our project. Every word of encouragement, doubt, and demand has indicated that we are headed in the right direction. We were innovative within the XRP Ledger ecosystem, slowly standing on the shoulder of giants, without losing sight of our main goal: to be a cryptocurrency capable of fostering a democratic payments ecosystem, aiming at mass adoption of our token and, consequently, of others that will prove to be as solid as our initiatives. Much has happened since March this year, when we boldly chose the XRP Ledger as the driving technology of our token and let the crypto world astonished. The fact that we did not have an ICO process for fundraising – an unusual option in a world full of ERC20 tokens seeking to squeeze the pockets of the unaware – left everyone confused at first. However, it was precisely this fact that brought even more consistency and confidence to Allvor. By choosing an initial distribution process to XRP holders, we positioned ourselves as community helpers, seeking to bring more options and liquidity to Ripple’s blockchain technology. In addition, the team has grown. We have invested time and knowledge on a daily basis in the project, and we have the honor of constant presence and access to the broad knowledge of our first Advisor, Humberto Cagno, who has more than 40 years of experience in the management of multinational companies, such as Siemens and Motorola, working in Latin America, the United States and Germany. Roadmap On November, we officially introduced our payment solution in an unusual way during the BitConf event held in Fortaleza. Rather than just introducing our WooCommerce platform plugin, we went further and brought the world’s first 100% blockchain point-of-sale (POS) machine to the public, performing transactions directly on the XRP Ledger, without brokers or custody of securities, completing transactions within 3-6 seconds. Finally, someone made it possible to buy a simple coffee with cryptocurrencies, which is impracticable with 99% of the other tokens on the market, and we are proud to have done so. We know that we built a bold roadmap and some of the deliverables are late. The forecast of being listed on two exchanges and the Coin Market Cap by the end of this quarter was not achieved. But we are very close to being listed and many negotiations are under way. The year 2018 was very troublesome for cryptocurrencies, which lost a large percentage of their market value throughout the year. This was certainly one of the reasons that made it difficult to stick to the Roadmap. But we will continue our hard work to reach such milestones, make deals, always get it right and get a spotlight for Allvor within cryptocurrencies. What about 2019? The next year has everything to be spectacular. We know that we will be listed on the first exchange in Q1 and this will open the door to even bolder steps. The plugin for Magento is already in advanced development, as well as talks with supporters regarding the creation of a wallet able to meet our needs. The Brazilian market shows signs of improvement and the adoption of ALV will certainly be boosted by this. Regarding the technical aspects of Allvor, we will schedule the No Freeze and Black Hole of our issuing account; a process that will make us even more similar to XRP and will certainly help in broadening the adoption of ALV. We will continue our hard work to build the value that the community expects and to effectively achieve every milestone from the Roadmap. We hope it will be a year in which we get closer to all of our supporters and stay even more active in the communication channels with the community. Hearing from you is undoubtedly what drives us to keep going. After all, without you, we would be just another token surfing the blockchain wave. We, from the Allvor team, thank you for every new user, every new active trust line, every like, retweet, follower, view in the videos and comments on social media. We are stronger with you.
  4. Allvor announces the end date of the Initial Distribution Program for XRP Holders Allvor informs the community about the end date of its ALV token Initial Distribution Program for XRP token holders. It will be on December 31 at 23:59 (GMT 00). The program was created with the intention of engaging and establishing links with the XRP community. The distribution, active since the beginning of the project, has as single rule that the user had an active Ripple account on March 27, 2018, which is the program starting date. To set the amount of ALV received, the Program considers the amount of XRP the user had on March 28 at 01:00 (GMT) (Ledger 37539810). The user receives the ALV tokens according to the value they have in XRP, plus 30%, plus a standard amount of 5,000 ALV. For example, a user who had 1,000 XRP on March 28 may receive 1,000 ALV, plus 30% (300 ALV), plus a bonus of 5,000 ALV. In total, he will receive 6,300 ALV in his account. To request a payment, the user must use the form available on the Allvor portal. Simply enter a trust line for Allvor into your account, enter the account in the appropriate field and request the payment, which is done immediately. The distribution is limited to 1,000,000 ALV token per person. All details can be checked in the program’s regulation. If you are not entitled to receive ALV from the Program, or if you have already received and wish to purchase a larger amount, this is currently possible in the XRP Ledger’s decentralized exchange (XRP Ledger’s DEX) by using one of the suggested wallets, such as GateHub, ToastWallet, or Harbor Wallet. In 2019: user base growth and Allvor Pay in practice The end of the Distribution Program for those who owned XRP on March 27, 2018 and the launch of Allvor Pay with the WooCommerce platform Plugin, which will take place in the coming weeks, mark a new phase for Allvor. In 2019, the Allvor Project will continue to develop strategies to foster the community growth and expand its user base, including promotional actions for exchange listing, incentive programs to use Allvor Pay, targeted airdrops and other actions. No Freeze and Blackhole of the issuing account After the end of the distribution program, “No Freeze” and “Blackhole” of the issuing account will be announced in the following weeks. With the “No Freeze” tag checked, The Allvor Project will not be able to freeze the ALV balances from any account (something that is currently possible). Blackhole means destroying the secret key from the Allvor issuing account. In practice, this means that it will become impossible to issue more ALV beyond the current issuance (100 billion), ie this ensures that the initial issuance remains the maximum limit of the existing ALV. Details about No Freeze and Blackhole will be announced when they are made.
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