The VLR token will be used as a medium of exchange for the Valorem platform. Users will use the tokens for the creation and management of transactions, such as the receipt and submission of payments for services. The platform will continually introduce new features, in order that additional industries can avail themselves of its benefits. Valorem Foundation will create a seamless, quick, blockchain-verified and smart contractapproved transaction system. Valorem Foundation will be a single platform for all financial transactions, thereby allowing users to benefit. For example, users will be able to borrow money for a car, sell something they made, donate to their favorite charity, or even buy insurance.