Ven (currency)
| Unit | |
|---|---|
| Symbol | VEN |
| Denominations | |
| Demographics | |
| Date of introduction | 4 July 2007 |
| Official user(s) | None |
| Unofficial user(s) | Unspecified |
| Issuance | |
| Private company | Hub Culture Ltd. |
| Website | ven |
| Valuation | |
| Inflation | N/A |
| Method | Claims it is pegged with a basket of currencies, commodities and carbon futures. |
Ven (sign: VEN) is a representative digital currency. Its origin was as a community currency created by the Hub Culture social network. It claims the value of Ven is determined by backing currencies, commodities and assets. Because the currency is privately run, the true value is impossible to verify. It trades against major currencies at floating exchange rates. Ven was listed as of 2014 on the LMAX Exchange.