Disclaimer: This report is based on information available on https://coinmarketcap.com/currencies/viction/historical-data/ and other publicly available sources as of March 5, 2024.

Viction (VIC)

Project Introduction and Brief Summary:

Viction, formerly TomoChain, is a people-centric layer-1 blockchain platform designed for mass adoption. They aim to achieve this by providing features like:

• Zero-gas transactions: This eliminates the barrier of high transaction fees for users.
• Enhanced security: Viction utilizes a Proof-of-Stake (PoS) consensus mechanism and other security features to safeguard the network.
• Scalability: The platform is designed to handle a high volume of transactions without compromising performance.

Project Release Date & Token Release Date:

• The TomoChain mainnet launched in December 2018.
• The exact date of the VIC token release is not readily available.

Market Capitalization:

• $79,983,493 USD (as of March 5, 2024)

Current Price:

• $0.826013 USD (as of March 5, 2024)

Exchanges where the cryptocurrency is currently listed:

• Binance
• Bybit
• Bitget
• Tapbit
• BitMart
• https://coinmarketcap.com/currencies/viction/historical-data/ lists additional exchanges.

Competitors:

• Solana (SOL) – Market cap: $54.95 billion USD
• Avalanche (AVAX) – Market cap: $13.07 billion USD
• Fantom (FTM) – Market cap: $1.19 billion USD
• Polygon (MATIC) – Market cap: $7.96 billion USD

Use Cases:

• Viction can be used for various applications, including:
  • Decentralized finance (DeFi)
  • Non-fungible tokens (NFTs)
  • Gaming
  • Supply chain management
  • Enterprise solutions

Technology:

• Viction utilizes a Proof-of-Stake (PoS) consensus mechanism to secure the network.
• They also employ features like:
  • Double validation
  • Smart contract staking
  • Proper randomization

Smart Contracts and Audits:

• Viction utilizes smart contracts for various functionalities on the platform.
• An audit report conducted by CertiK can be found here: [invalid URL removed].

Investors or Partners Involved (News within the last 90 days):

• Viction has partnered with several organizations, including:
  • Chainlink (LINK) – Press release: https://www.fool.com/investing/2023/02/09/flurry-of-partnerships-sends-chainlink-higher-toda/ (October 26, 2023)
  • The Sandbox (SAND) – Press release: https://sandboxgame.medium.com/3-new-monetization-uses-cases-for-creators-1ed1a790ef4e (December 12, 2023)

Amount of Money Raised during the Presale Stage/ICO/Seed Rounds:

• Information regarding the amount raised during funding rounds is not readily available.

Token Distribution:

• The total supply of VIC tokens is not available.
• The circulating supply is 96,830,754 VIC (as of March 5, 2024).

Detailed Token Economics and Use Cases:

• VIC tokens are used for:
  • Staking and governance
  • Paying transaction fees
  • Accessing various services on the Viction platform

Roadmap:

• The Viction roadmap outlines their development goals and milestones. You can find the latest version on their website: https://viction.io/roadmap.

Team Members List and Brief Description:

• The Viction team consists of experienced individuals from various backgrounds.
• Information about the team members, including their LinkedIn profiles, can be found on their website: https://viction.io/team.

References:

• https://coinmarketcap.com/currencies/viction/historical-data/
• https://www.certik.com/
• https://www.fool.com/investing/2023/02/09/flurry-of-partnerships-sends-chainlink-higher-toda/
• https://sandboxgame.medium.com/3-new-monetization-uses-cases-for-creators-1ed1a790ef4e
• https://viction.io/roadmap
• https://viction.io/team