ViCoin ICO – A platform for Virtual Economy Ecosystem Based On The Blockchain

Virtonomics is a fundamental paradigm and new platform for creating  mainstream Cryptocurrency, VICoin based on the development of an alternative virtual economic mass.

VICOIN developers see the present status quo where mining is an exclusive of for industrial scale extraction outfits as detrimental for the future of the industry as a whole. The technicalities and the ever-growing expenses that come with mining, coupled with the fact that the user has no personal input to determine their gain in the process.

Virtonomics is a massive online multiplayer online game that is one of the world’s most popular and forward-looking MMO business simulators worldwide Virtonomics client base exceeds 2 million registered users worldwide this and more and more days.

Virtonomics reached the top spot in Google search with relevant questions such as online, business simulations and online business games with large organic traffic. Virtonomics are available in English, Russian and Spanish; The German, French and Portuguese versions are in development.

Virtonomic machines are widely used by universities in various countries to teach macro and microeconomics and management basics as well as by many large companies for enterprise training managers.

Virtonomics is also called the multiuser global business simulator project that creates its exclusive cryptocurrency, VICoin (VIC), V and ecosystem for curential cryptocurrency in an online economic game that mimics the formation and development of an alternative global virtual economy.

Cryptocurrency is gained during the game in a realistic business simulation where users build and expand their virtual enterprise, trade and compete with each other, and develop business ecosystems in the cyberspace environment. Sources and tools for fuel generation and extracting are custom game entities purchased for VIC tokens (such as virtual mines extracting natural resources, virtual mining farms, virtual power plants, etc.).

The production volume of “fuel” for cryptocurrency depends on the success and position of the player’s virtual business competition, and on the quality and amount of mining assets held by the user. Users can convert every 100 Virt earned in an economic simulator into one VICoin (VIC) and play it from game to outside market.

A Virtonomic player can act in two ways depending on his ambition, experience and investment capabilities.

As an investor, the owner and CEO of a virtual company can employ other Virtonomics players as managers;

As an employed manager who runs a particular unit (divisional director) or functional manager who oversees key business functions and processes (marketing, sales, production directors). The employer pays the employee’s job in crypto. Work contracts and related settlements are realized on blockchain under the smartest Ethereum contract.

PROBLEM 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.

VICoin (VIC) cryptocurrency circulates freely, listed on the exchange and has a naturalized channel. Cryptocurrency can not only buy game entities and assets in a virtual economy but also outside of services and real goods.

BLOCKCHAIN VICoin

By using a smart contract realized, Ethereum blockchain will store data on:

  • Total number of VICoin in circulation.
  • VICoin balance on player accounts and fund flows.
  • purchase and ownership of excavation units.
  • Change the Virt game bonus to VICoin tokens.
  • work contract between players.

In addition, smart contracts will implement settlement functions among owners

virtual companies and managers hired according to work contract.

Why VICoin Appreciate?

Because of the size of the problem and overdemand. The total number of VICoin to be issued is set at 800,000 000 VICoin.

The economics of token circulation are self-sustaining. A person can buy any Virtonomik excavation assets only for tokens. At the time of purchase at Virtonomics Marketplace, the appropriate number of tokens is burned.

The settlement between users for the services provided (the labor market in Virtonomik) is done exclusively on the 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.

Pre-Sales: Procedures.

  1. To buy tokens, you need to register in the Virtonomics business MMO simulator. Click the orange button “Get token”
  2. When registering, enter the correct e-mail and password (remember your password)
  3. To confirm registration, a letter asking you to validate your e-mail will be sent to your e-mail address immediately. (If you do not see the registration letter in your mailbox, check the spam folder just in case.) If the registration letter for some reason goes to spam, mark this letter as “not spam” and click the “full registration” button in the mail).
  4. After switching from the registration letter to the business simulation game interface, select your virtual company name and press “Create company”. The registration procedure for your account in Virtonomics business simulation has been completed.
  5. Now enter your personal account to purchase VICoin tokens. To do this, press the green item “VICoin” on the menu.
  6. In your personal account, click on the “BUY VICINO” button, and proceed to the payment interface
  7. In the payment interface, select the number of VICoin tokens you need
  8. Choose a payment system, the more convenient you get VICoin token through and click on the “BUY”
  9. Next, depending on the payment system you choose, follow the payment instructions.
  10. After payment is complete, the number of tokens purchased and owned will be displayed in your personal account (VICoin green menu item).

Digging Economics in Virtonomics

VICoin Sale

Allocation of Token in Pre-Sale

For more information about ViCion visit the links below;

Website: https: //virtonomics.io/en/

Whitepaper: https: //virtonomics.io/assets/templates/virta/ico-docs/Whitepaper_Virtonomics_PreSale_en.pdf

Facebook: https: //www.facebook.com/Virtonomics

Twitter: https: //twitter.com/virtonomics

Telegram: https: //t.me/virtonomicsico

 

Author: BrainerdPaul

BitcoinTalk profile link: https://bitcointalk.org/index.php?action=profile;u=1680409

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