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George K edited this page Oct 4, 2017 · 5 revisions

Welcome to the Vega Wiki

See the links to the right for more info on the project! 👍

What is Vega?

Vega is a decentralized fund manager.

How is Vega different from The DAO?

  1. Vega is a distributed general partnership capable of managing outside capital.

  2. Vega’s decision-engine is based on accountable democracy rather than the wisdom of the crowd.

  3. Vega users earn and lose tokens based on individual decisions which eliminates group think.

Why use a blockchain?

Vega uses a blockchain to provide guarantees the incentive system is not gamed.

Why use a token instead of just Ether?

Vega needs a token to produce rewards and penalties. Vega has no way to mint and destroy Ether, therefore Vega needs its own token.

What gives the token value?

The token represents equity and control of the Vega Network. The Vega Network will generate income from charging fees to outside investors for fund management services.

Can Vega invest in assets other than cyptocurrency/tokens?

Yes. A smart-contract can represent any kind of asset, whether it be physically on a blockchain or not. In other words Vega can invest in any asset represented in a contract.