VIC
$0.27

Viction (VIC) Price

$0.27
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Viction (VIC) Price Today

The live price of Viction is $0.27 USD. In the past 24 hours, the trading volume of Viction was $6.4M USD, with a change of +3.46%. The current live price of Viction has changed by -4.24% from its 7-day high of $0.28 USD and by +6.63% from its 7-day low of $0.25 USD. With a circulating supply of $210,000,000.00 VIC, the market cap of Viction is currently $32.3M USD, marking a +0.86% change in the last 24 hours. Viction currently ranks 727 by market capitalization.

Viction (VIC) Market Data

Market Cap
$33.1M
24h Volume
$6.4M
Circulating Supply
210M VIC
Maximum Supply
210M VIC
Fully Diluted Market Cap
$57.1M
Liquidity Indicator
19.53%
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About Viction (VIC)

 What Is VIC and How Does It Work?



VIC (Viction), formerly known as TomoChain, is a people-centric layer-1 blockchain designed to enhance the Web3 experience with zero-gas transactions and robust security. This innovative blockchain platform prioritizes user experience by eliminating traditional gas fees, making Web3 accessible and safe for everyone.

Viction's architecture is built on a network of 150 masternodes utilizing a Proof-of-Stake (PoS) consensus mechanism, which ensures scalability and stability. The platform employs advanced security techniques including double validation for enhanced security through dual verification processes, smart contract staking for improved chain finality and network security, and proper randomization to ensure fair and secure consensus.

One of the pivotal developments for Viction was the introduction of the VRC25 token standard. This innovation simplifies token operations by allowing network fees to be paid using the token itself, eliminating the need for native tokens. This breakthrough removes barriers to Web3 adoption by eliminating gas fee complications.

Viction supports all EVM-compatible smart contracts, protocols, and atomic cross-chain token transfers, making it highly interoperable with the existing Ethereum ecosystem while offering superior speed and cost efficiency.

When Was VIC Launched?


TomoChain's Mainnet was originally launched in 2018 and uses a unique Proof-of-Stake Voting (PoSV) consensus mechanism. The project was founded by Tung Hoang, Son Nguyen, Le Ho, and Long Vuong, and launched in 2018 following an ICO that raised $8.5 million.

The major transformation occurred in November 2023, when TomoChain officially rebranded to Viction. The rebranding was completed on November 20, 2023, with TOMO tokens automatically converted to VIC tokens at a 1:1 ratio (1 TOMO = 1 VIC). This rebranding represented more than just a name change. It signified a strategic shift toward greater user-centricity and Web3 accessibility.

What Is C98 and Its Connection to VIC?


C98 (Coin98) is a multi-chain cryptocurrency wallet and DeFi platform that has established a strong partnership with Viction. As an early contributor to Viction, Coin98 has played a pivotal role in developing innovative products and onboarding millions of users to this thriving ecosystem.

Coin98 developed the official Viction Wallet, available as mobile applications (iOS & Android) and browser extension for Google Chrome. This dedicated wallet supports native VIC and all tokens on the Viction platform including VRC25 and VRC725 standards.

C98 token is also issued on the Viction network using the VRC25 standard, allowing C98 holders to transfer tokens without gas fees. Coin98 has launched VIC rewards pools on their PowerPool platform, enabling users to stake C98 tokens to earn VIC rewards, strengthening community ties between both ecosystems.

What Are the Primary Use Cases of VIC Token?


VIC is the native utility token of the Viction ecosystem and serves multiple important functions:

1. Transaction and Network Operations: VIC is used to pay transaction fees on the Viction platform, and through the VRC25 standard, users can perform operations without traditional gas fees.

2. Governance and Staking: VIC token holders can participate in platform governance through the Decentralized Autonomous Organization (DAO). VIC can be staked to earn rewards and increase income, and is used for validator rewards and masternode candidate participation.

3. Marketplace and DeFi Applications: VIC can be used to buy in-game items and non-fungible tokens (NFTs) on the Viction Marketplace. It facilitates seamless asset transfers across different blockchain networks and powers various decentralized finance applications built on the Viction ecosystem.

What Is VIC Tokenomics?


1. Supply Structure: VIC has a maximum supply of 210 million tokens, with approximately 120 million tokens currently in circulation. This represents a significant expansion from the original TomoChain supply structure.

2. Token Supply Expansion: A noteworthy upcoming event is the hard fork scheduled for October 15, 2024, which will increase Viction's token supply from 100 million to 210 million. This expansion was designed to support the platform's growth and scaling requirements.

3. Token Utility: VIC serves multiple functions within the ecosystem including paying transaction fees, participating in governance decisions, staking for rewards, purchasing NFTs and gaming items, and facilitating cross-chain transfers through the innovative VRC25 standard.

4. Incentive Structure: The tokenomics incentivize long-term holding through staking rewards for VIC holders, masternode rewards for validators, and governance voting power proportional to holdings.

What Blockchain Network Does VIC Operate on?


VIC primarily operates on its native Viction blockchain, which is a standalone layer-1 blockchain that is EVM-compatible, supporting all Ethereum smart contracts and protocols. It's powered by 150 masternodes using Proof-of-Stake Voting consensus.

VIC deposits are supported on the Ethereum, BNB Beacon Chain and Viction networks, while withdrawals are available on the Ethereum and Viction networks. This multi-chain approach ensures cross-chain compatibility, enhanced liquidity options, and broader accessibility for users across different ecosystems.

The Viction network features near-instant transaction confirmation, minimal transaction fees, high throughput capacity, and enhanced security through advanced consensus mechanisms.

Which Wallet Support VIC Tokens?


- Viction Wallet: The native wallet that allows users to store, send, and receive non-fungible tokens (NFTs) and other Viction tokens

- MetaMask: Supports Viction cryptocurrency, allowing users to manage their Viction funds directly within their web browser

- iToken Wallet: Provides secure storage and management features for VIC tokens

- Hardware Wallets: Most major hardware wallets that support EVM-compatible tokens can store VIC

- Mobile Wallets: Various mobile applications that support multi-chain assets are compatible with VIC tokens

When selecting a wallet for Viction, it is important to take into account several factors such as security, convenience, features, and fees. Users should evaluate security features and track record, user interface and ease of use, multi-chain support capabilities, staking and DeFi integration features, and community support and development activity.

What Makes VIC a Good Investment?


1. Technological Advantages: VIC offers the VRC25 standard that eliminates traditional gas fees, potentially driving mass adoption. It provides seamless integration with the extensive Ethereum ecosystem through EVM compatibility and advanced consensus mechanism supporting high throughput for scalability solutions.

2. Market Performance and Growth: VIC saw significant market performance growth, with dramatic price increases following major exchange listings and futures trading announcements. Key exchange support includes major cryptocurrency exchanges, growing institutional interest and trading volume, and futures trading availability on major platforms.

3. Strategic Partnerships: Viction's collaboration with partners such as Layer-Zero, Pyth, and MoonPay reflects its strategic efforts to enhance its ecosystem and expand its reach. These partnerships indicate strong ecosystem development, real-world utility expansion, and professional network growth.

4. Risk Considerations: Potential investors should consider high volatility typical of cryptocurrency markets, regulatory uncertainties affecting the broader crypto space, competition from other layer-1 blockchain solutions, and technology adoption risks.

5. Long-Term Vision: Viction is driven by a mission to build a decentralized platform that empowers humanity to connect, collaborate, and create without limitations, envisioning a world where transparency, accessibility, and growth thrive.

Viction (VIC) Price Converter

VIC to USD
1 VIC = $ 0.27
VIC to VND
1 VIC = ₫ 7,111.31
VIC to EUR
1 VIC = € 0.23
VIC to TWD
1 VIC = NT$ 7.97
VIC to IDR
1 VIC = Rp 4,435.11
VIC to PLN
1 VIC = zł 0.98
VIC to UZS
1 VIC = so'm 3,416.31
VIC to JPY
1 VIC = ￥ 39.99
VIC to RUB
1 VIC = ₽ 21.36
VIC to TRY
1 VIC = ₺ 11.00
VIC to THB
1 VIC = ฿ 8.75
VIC to UAH
1 VIC = ₴ 11.32
VIC to SAR
1 VIC = ر.س 1.02
Viction Price Converter

How to Buy Viction (VIC)

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How to Buy VIC Guide

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Disclaimer:
Price analysis and valuation are influenced by multiple factors, and theoretical projections do not guarantee that a token will reach a specific price level. The information provided is for informational purposes only and does not constitute investment advice. Investors should conduct their own research before making any financial decisions.
By accessing and using this platform, you agree to comply with our Terms of Use.
Trading cryptocurrencies and other financial instruments involves risks, including the potential for loss of funds. You should never trade more than you can afford to lose. Please be aware of the risks involved and seek independent financial advice if necessary.
For more detailed information, please refer to our Risk Disclosure Statement.

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Disclaimer:
Price analysis and valuation are influenced by multiple factors, and theoretical projections do not guarantee that a token will reach a specific price level. The information provided is for informational purposes only and does not constitute investment advice. Investors should conduct their own research before making any financial decisions.
By accessing and using this platform, you agree to comply with our Terms of Use.
Trading cryptocurrencies and other financial instruments involves risks, including the potential for loss of funds. You should never trade more than you can afford to lose. Please be aware of the risks involved and seek independent financial advice if necessary.
For more detailed information, please refer to our Risk Disclosure Statement.