VICOIN

thejohnmatch (1)(1)in #blockchain • 7 years ago

VICOIN

Vicoin is a fundamentally new paradigm and platform for the creation of the dominant cryptocurrency, VICoin, based on the alternative development of the virtual economy. We develop an ecosystem that allows us to develop a global business simulator that emulates macros and micro economic processes throughout of with the interaction of economic agents. We develop a virtual economy ecosystem where you can get a return on your investments in the assets of the virtual company, generating the “fuel” for the cryptocurrency without consuming megawatts of electricity, buying tons of expensive hardware and video cards, or rent space for mining farms. More than that, it will allow the direct capitalization of intellectual capacities, management skills, work and time dedicated to the creation and development of a virtual economy.

PROBLEMS TO BE SOLVED

Tall financial, technological and intellectual hurdles of mining as a means of earning cryptocurrency on the mass market:
Block mining as a way of cryptocurrency earning is still very much the preserve of advanced technology geeks. Today, by far the overwhelming majority of people lacking specialized knowledge in both blockchain technologies and cryptocurrency economy is barred from the mining market.

Earning cryptocurrency by mining involves quite substantial investment in technological infrastructure as well as operating costs of running and maintaining mining “farms” and electricity bills. Inevitably, return rate for the owners of small domestic farms decreases, and this downward trend will continue.

SOLUTION

Aiming at providing a massive scale for generation and use of cryptocurrencies, they divide the process of the latter’s creation into two fundamentally different processes: first, mining as the technological process cryptographic blocks generation, too complicated for most people to understand; and second, digging as the activity which is meaningful and comprehensible for the general public, forming foundation for generation of tokens and awarding them to people according to the results of their operations.

Advantages of the Virtonomics project and investment in Tokens VICoin

Virtonomics is a project of active and well-known trust. This global commercial simulator has been running and developing for many years and is known the commercial simulators worldwide. It has the best search results for relevant key queries, such as “online business simulation”, thousands of new organic user registrations monthly, stable audience and more than 2 million registered users worldwide.
In addition to the growing community of blockchain, which is still compact, the project aims at the broad commercial community and the people who look for operating tools and income on the Internet that are clear and available to all.
The project team is one of the strongest in the world in its central field, the creation of multi-user commercial simulations and complex virtual economies.
Winning VIC (VICoin) does not require electricity mining equipment or the use of megawatts of electricity.
The actions and decisions of the users affect the performance of their virtual companies and, consequently, the amount of cryptocurrencies they are dig.
VICINO tokens have the status of AppCoins, and they are free of regulatory risks.
From the moment of issuance, the VICoin tokens gives a ready naturalization channel: the external services accept the VIC on more favorable terms than the fiduciary money. For example, from the moment of issuance, Simformer can pay in VIC a wide range of educational services with a high discount of up to 50%. The user may use these services as his own discretion. The amount of resources of the partners will increase actively.
Unlike the vast majority of the self-replicating cryptocurrencies, VICINO is based on the creation of true ecosystems with applied value for the real economy.

VICoin token
Tokens are issued gradually and with decreasing time effects. For example, 19% of tokens will be mined in the first year of 19% but only 15% in the second year, and so on. The fall of the number of mining tokens with the expansion of the project audience will increase the demand and, consequently, the token level.

Roadmap

2018 — Phase 1

Building blockchain infrastructure of Virtonomic$ platform

Limited issue of VICoin tokens for the ICO

Redesigning algorithms of Virtonomics business simulation to match the tasks of the cryptocurrency platform

Redesigning and streamlining business simulation interfaces for mass user

Preparing and launching the ICO

2018 — Phase 2

Releasing Virtonomic$ business simulation in the base functionality (cryptocurrency generation, self-contained economy, digging units, new UI, labor market etc) in English, Russian and Spanish

Beginning to build the network of partner services accepting VICoin as payment

Promo campaign for Virtonomic$ project and VICoincryptocurrency

2018 — Phase 3

Releasing the second milestone of the updated Virtonomic$ functionality (OpenData integration, expanding the functionality of the Virtonomics alternative market)

Further project localization (translation into Korean, Japanese, Chinese, German, French and Portuguese)

Widening the network of partner services accepting VICoin

Promo campaign for the Alternative Labor Market project

2018 — Phase 4

Launching Virtonomic$ mobile app

Developing Virtonomics console apps (Xbox, PlayStation)

More widening the network of partner services accepting VICoin

500 000 users in 2018, tentatively 3 000 000 in 2019

Team