Ven is Stable
The value of Ven is determined by the financial markets in a weighted basket of currencies, commodities and carbon futures trading against other major currencies at floating exchange rates. Ven is the first digital currency to float, and the first to include carbon in its pricing, making it the only environmentally linked currency in existence. Since Ven is 100% backed by reserve assets equivalent to the total Ven in circulation, the inclusion of these assets in the reserve basket provide a demand source for carbon, with material benefits to the environment at large. Over 25,000 acres of Amazon rainforest and other environmental investments have been made as a result of Ven.
Currently over 20 million units of Ven have circulated, and it can be used to purchase anything from commodities to fashion to cars to a coffee. Watch a Ven video. Read what Forbes, CNN, WSJ, Harvard Business Review, Techcrunch, Fortune and others say about Ven.