dVITA is a proof-of-stake smart contract, distributed ledger technology (DLT) platform with a delegated Byzantine Fault Tolerant (dBFT) consensus mechanism operating on a decentralized network. At its simplest, dVITA has been designed and developed to be a developer- and user-friendly, open-source, public blockchain platform for the management of all forms of digital assets.

The dVITA Foundation is the steward of the dVITA blockchain network and its supporting organizational entities -- dVITA Labs and dVITA Capital Management, which are solely funded by the Foundation. The Foundation’s mission is to support research, development and investment in open-source / open-finance blockchain projects designed to improve financial inclusion and entrepreneurship. These efforts will be aligned with the UN’s Sustainable Development Goals (SDGs) for emerging markets, with an initial focus on Middle Eastern and African (MEA) economies.

Maintain informational website and blog for the dVITA blockchain community, organize contests that promote new apps and technologies that use dVITA as its underlying platform and provide links to authorized dVITA code repositories.

Developing country and African blockchain use cases (mobile banking for non-banked and under-banked, credit assessment, pre-pay services, usage based micro-financing, micro services, digital asset exchange, identity solutions, peer to peer lending, medical records, and merchant services).

You can purchase dVITA GAS tokens in the secondary market on various exchanges or apply for grants at the dVITA Foundation. You can also earn dVITA GAS tokens if you are dVITA holder and you vote on various community network initiatives.

Gives the right to access and use the network.

Mauritius has created a sandbox for the simulation of nascent crypto platforms. To provide investors with a regulated environment for the safe custody of digital assets and to enable the exchange of digital assets, the Mauritius’ Financial Services Commission (Mauritius FSC) will be introducing two new licensable activities, namely: 1. Custodian of Digital Assets Licence. 2. Digital Asset Marketplace Licence. The Mauritius FSC will also be implementing guidelines for investment in cryptocurrencies as digital assets. A National Regulatory Sandbox License Committee is due to be setup, comprising representatives of the Bank of Mauritius (BoM), Mauritius FSC, Mauritius’ Economic Development Board (EDB) and Financial Intelligence Unit. The Committee will be tasked with considering all issues relating to the issuing of Regulatory Sandbox Licences (RSLs) for FinTech activities and to provide guidance on the regulatory framework. Applicants for FinTech activities will be required to have appropriate cyber security and cyber resilience policies and capacities in place. The Anti Money Laundering (AML) and terrorist financing framework for both banking and non-banking financial services will be updated to be compatible with developments in FinTech.

No, There was no Crowdsale. dVITA tokens were earned through participation in the network.