Circuits of Value (COVAL) is a blockchain platform featuring key projects like CircuitBuilder and Emblem Vault. CircuitBuilder allows easy blockchain system integration with its drag-and-drop interface, enhancing user experience in blockchain automation. Emblem Vault uniquely merges multiple blockchain wallets into a single NFT, adding a novel trading aspect to cryptocurrency. The COVAL Token, evolving from Ribbit Rewards (RBR), has transitioned to the Ethereum blockchain as an ERC-20 token. In the ecosystem, COVAL is essential for creating Emblem Vaults, with a 250 COVAL minting fee for each vault. This fee is directed to the Emblem Handler contract and then to a burn address, regulating token circulation. Circuits of Value was founded by programmer Shannon Code, who teamed up with Sean Dennis and Gregory Simon, the minds behind ribbit.me, to pivot from Ribbit Rewards to COVAL, marking a significant rebranding and strategic shift.
