CTO and visionary, Austin Trombley wants to lift up the everyday consumer giving them 2x 30-year bond returns on personal debit account USD deposits by combining financial

industry expertise, machine learning talent, and revolutionary Blockchain technology

Bryan Feinberg, Founder of Etheralabs in NYC recently interviewed Founder and CTO of Vaultbank.io, Austin Trombley, about his new erc20 token Vaultbank. Vaultbank is using data engineering, data science, and Blockchain technology to go about building Vaultbank (think TenX + coinbase + Tether – but backed by secured credit assets with dividends)

Feinberg: How is Vaultbank.io approaching the Crypto/ICO market?

Trombley: Vaultbank.io is different from 99% of ICOs that have taken place thus far because we are filing as a security. Our tokens are a security because they actually represent equity in Vaultbank.io. Aside from solving for regulatory concerns, Vaultbank.io has set out to cure 4 ails of crypto: Dividends, Usability, Fees, and Volatility.

Feinberg: Can you give us an overview of how you plan to issue Dividends?

Trombley: Vaultbank.io will be one of the first to offer Ethereum dividends quarterly. The bulk of this token raise will be invested into a levered credit fund built by the quantitative credit fund. This foundational layer will enable my team to deliver the necessary returns derived from secured credit assets. We have built the full supply chain of Banking Services over the last two years which enables us to execute immediately at ICO with our return engine at the base. One of the essential Vaultbank.io team members is Andrii Zamovskiy, former chief architect of Tether. Think about this token as Tether backed by secured credit assets which pays a dividend. The current market cap of Tether is 405 MM, and we are willing to bet that these same token holders would prefer an asset backed token with a dividend.

Feinberg: How do you plan to get crypto accepted by the masses?

Trombley: Vaultbank.io has a joint venture with Volopa – a UK debit card and FX Currency exchange platform that allows the end user to trade 17 FX Currencies and leverage 200:1. Their infrastructure will allow for Vaultbank.io account holders to pay with Ether, Bitcoin, and Vaultbank tokens with very low fees. We have seen a few crypto cards come to market lately, but none offering the full suite of 17 Fiat Currencies and Crypto like this.

Feinberg: There has been a lot of talk of fees, and that crypto has been left for purely speculators because the costs are so high. How do you bring this down?

Trombley: Vaultbank.io will reduce the fees of platforms like Coinbase by more than 50% while leveraging an extremely user friendly interface provided by Ambisafe’s Orderbook technology. We really like the Ambisafe team and the product their engineers have built over the last 10 months – it truly is the Bloomberg terminal for crypto. For this reason, we have partnered with Ambisafe in a horse trade for equity that gives us the code base they have built on day one. We aren’t licensing, it becomes part of our platform and we own it.

Feinberg: Volality is a top concern for everyone involved in the Crypto market. Just last month we saw the price swings that would make seasoned investors apprehensive. How do you plan handle this volatility over time?

Trombley: For Volatility, some of the yield that comes from the secured credit assets will go into a reserve; which will serve the sole purpose of buying up Vaultbank tokens during days of volatility in a strategic effort to reduce overall volatility. This is why it was so important to have an investment engine with a track record at the base of Vaultbank. We can begin to mitigate risk because we have the entire supply chain where others do not.

Feinberg: What does your team bring to the table where others may fall short? How is your team different?

Trombley: Members of our team have managed portfolios with billions of dollars while others have architected some of the world’s first Cryptocurrency. This marriage of engineering talent and mature executive leadership creates a team that can execute. It is extremely difficult to replicate this type of leadership team. For more information, readers can stay up to date at www.vaultbank.io which has a specific timeline to the pre-sale of their token which is October 10th. This token will offer a 15% discount and a hard cap of $20 MM. If you are in the U.S you must be accredited.