ViCA Token – An Innovative Ecosystem for Virtual Currency

in #vica3 years ago

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Noflation is not a concept in the existing monetary and financial frameworks. Any country's government or central bank is responsible for issuing money, and this money is only issued in exchange for a defined guarantee, such as gold or other assets.

The money flows around several individuals and is utilized to expand the money's market limit. Individuals have the option of exchanging their currency notes for something of great worth, such as gold, in the vast majority of countries.

What does the acronym VICA stand for?

Additional resources cannot be added to ViCA because it is configured as a virtual one. ViCA's business model is based on "noflation," a technique for assuring that partners' benefits do not erode over time. In comparison to current monetary standards and cryptographic forms of money, this paradigm may appear to be novel. Despite this, the concept offers an excellent framework for focusing on the creation of advantage, progress, and expansion through comprehensive preparation.

The ViCA Foundation automates virtual resource management through the use of ViBOT, an exchange exchanging arrangement from NROOTM Korea. The ViCA tokens distributed have been drained by the revenue earned by ViBOT (Buy-back and consume). We repurchase tokens at a rate of 40% of operating profit, thereby advancing the interests of ViCA token holders. Automated trading accelerates the accumulation of interest by reinvesting excess returns in framework resources.

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What Exactly Is It?

ViCA does not rely on a resource surplus to fund its operations. No initial coin offerings or initial exchange offerings have been announced, and there are no plans to raise venture money because the platform is built on well-known products (all set to advertise). Similarly, financial backers can lower the cost of providing information about your business for speculation, letting you to focus exclusively on building exchange. Apart from the basic expenditures of sustaining this framework and reinvesting in seed assets for framework operations, we anticipate taking appropriate action to safeguard the token holders' interests.

There is no lock, all other factors being equal.

The price of ViCA Token is determined only by the organization's income distribution rate and integrity. Because it is not a pledgeable token, its value changes in accordance with market standards. Due to the absence of an underlying financial backer and a lock, there is no expense associated with securing the system. If you have a ViCA, you can send it to another person immediately if you choose.

In a nutshell, it's safe and secure.

The framework functions in a closed environment and is not accessible to the public. API-Key has been used throughout the trading process to ensure the security of all assets. Numerous dangers associated with the framework have been removed during the planning stage.

  • There will be no trading.

The Foundation does not provide the ViCA Token at a discount. Market cost constraints that contradict the VICA stage's way of thinking are finally imposed on the stage. As a result, we establish an unbreakable trust foundation and carry it out in a transparent manner.

Money and businesses have a tight relationship.

When holders of the ViCA Token begin to retain the token, they begin to reap the benefits of the framework. ViCA has been on the lookout for and developing the actual common monetary biological system.

The growth foundation and the contrast between "Noflation" and conventional expansion, which occurs in both immature and evolved nations, are both important for a comprehensive comprehension of ViCA's benefit sharing model. Expanding expenses of a particular product in an economy or nation are frequently regarded as a sign of growth.

There are numerous reasons for this, but when the costs of critical goods and services increase, it can have a negative effect on the economy, resulting in the currency's value declining.

The VICA shilling

The foundation uses the Ethereum it obtained from the benefits to regain ViCA on the market. As a result of this design, individuals that purchase ViCA first will benefit the most. According to the white paper, the 'ViCA swell' has resulted in a decrease in the trade ratio of ViCA to Ethereum and an increase in ViCA's value.

ViCA pre-arranges linguistic control through the usage of Ethereum's Turing-completed Smart Contract. Anyone may construct an incredible digital money on Ethereum by utilizing a Smart Contract. The Ethereum blockchain hosts the programmable scripts that comprise Brilliant Contract. The symbolic framework, a code-supported data set, is a permanent record of what has been done and what has not been done.

To find out more information about ViCA, please visit the page below :

Website : https://vica.global/
Whitepaper : https://vica.global/assets/ViCA_Token_WhitePaper_1_0_1(EN).pdf
Telegram : https://t.me/joinchat/SZUUF7kprWoyNzk5
Twitter : https://twitter.com/ViCA_Foundation
Medium: https://medium.com/@vicafoundation
Facebook: https://www.facebook.com/ViCA-GLOBAL-102297372207693
LinkedIn : https://www.linkedin.com/company/vica-foundation/about/
Reddit: https://www.reddit.com/user/ViCA-GLOBAL/
Youtube : https://www.youtube.com/channel/UCSqTs3Cm8kk1kn9ECZPwlhA

Author

Bitcointalk username :ItekKuneng
Bitcointalk profile url : https://bitcointalk.org/index.php?action=profile;u=1423632
BEP-20 wallet address: 0x5B361eBf3626A340b538eeb1Ff4491f53d0F2D68

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