FAQ
Frequently Asked Questions
Answers to Common Inquiries About EVVO Network
EVOLVE

Building a Strong Network Through Strategic Alliance

What is EVVO's mission?

EVVO Network aims to revolutionize the blockchain industry by providing a scalable, secure, and intelligent platform that addresses the limitations of existing blockchain solutions. Our mission is to drive innovation, enhance security, and promote sustainable practices in blockchain technology.

How many team members does EVVO Network have?

EVVO Network is supported by a diverse team of experienced professionals. Our executive team includes El Rocco (CEO), Dimitri Novikov (COO), Marco Luigi Rossi (CTO), Crypto Dee (SMM), and Droid Dev (Web3 Developer).

What sets EVVO apart from other Layer 3 networks?

EVVO Network stands out due to its advanced scalability, seamless AI integration, dynamic sharding technology, cross-chain compatibility, and eco-friendly consensus mechanism. These features collectively ensure high performance, security, and sustainability.

How does EVVO ensure network security?

EVVO Network employs multi-layered security protocols and AI-driven enhancements to protect against evolving threats. Our security measures include advanced encryption, real-time monitoring, and adaptive security mechanisms that continuously evolve to counteract new vulnerabilities.

What measures are in place to protect against cyber threats?

EVVO Network uses a combination of traditional security practices and AI-driven solutions to detect and mitigate cyber threats. Our security protocols include regular audits, continuous monitoring, and an adaptive approach to threat management.

What is the total supply of $EVVO tokens?

The total supply of $EVVO tokens is 10,000,000.

How are $EVVO tokens distributed?

The distribution of $EVVO tokens is as follows:
 - Liquidity: 5,000,000 $EVVO (50%)
 - Staking: 2,000,000 $EVVO (20%)
 - Team Tokens: 1,500,000 $EVVO (15%)
 - Advisors & Ambassadors: 500,000 $EVVO (5%)
 - Exchanges Listing: 500,000 $EVVO (5%)
 - Reserve Fund: 500,000 $EVVO (5%)

What is the buy/sell tax for $EVVO tokens?

The buy/sell tax for $EVVO tokens is 4%/4%, designed to support network development, marketing, and community rewards. This tax will be removed after the mainnet launch to facilitate smoother transactions.

Why choose Layer 3 over Layer 1 or Layer 2?

Layer 3 technology offers enhanced scalability, security, and functionality compared to Layer 1 and Layer 2 solutions. It addresses the limitations of lower layers by integrating advanced features like AI-driven automation, dynamic sharding, and cross-chain compatibility.

When will the mainnet be launched?

The mainnet launch is scheduled for Q4 2024. This launch will bring full functionality to the EVVO Network, including the transition of $EVVO tokens from Ethereum to the EVVO Network.

What is dynamic sharding and how does it work?

Dynamic sharding is a technology that optimizes resource allocation by adjusting the size and number of shards in real-time based on network demand. This ensures consistent performance and scalability as the network grows.

How can I participate in EVVO Network's governance?

$EVVO token holders can participate in governance by voting on proposals, changes to the protocol, and strategic decisions. This decentralized governance model ensures that the community has a voice in the network’s direction.

How can I stay updated with EVVO Network?

Stay updated by following us on our social media channels, joining our community discussions, and subscribing to our newsletter for the latest updates and news.