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What is the issuance quantity of Victoria VR coins?

Victoria VR's issuance plan allocates 35% of its 1 billion VR coins to the Ecosystem Fund, ensuring long-term ecosystem growth and project development.

Dec 28, 2024 at 05:58 am

Key Points

  • Issuance Quantity: 1 Billion VR
  • Distribution Structure:

    • Ecosystem Fund: 35% (350 Million VR)
    • Community Development: 25% (250 Million VR)
    • Investor: 20% (200 Million VR)
    • Team: 10% (100 Million VR)
    • Advisor: 10% (100 Million VR)
  • Token Allocation:

    • Ecosystem Fund: 50% (175 Million VR)
    • Community Development: 30% (75 Million VR)
    • Investor: 10% (20 Million VR)
    • Team: 5% (5 Million VR)
    • Advisor: 5% (5 Million VR)
  • Token Vesting:

    • Ecosystem Fund: 6-month cliff, then 24-month vesting (50% per year)
    • Community Development: 3-month cliff, then 12-month vesting (50% per year)
    • Investor: 6-month cliff, then 18-month vesting (50% per year)
    • Team: 12-month cliff, then 24-month vesting (50% per year)
    • Advisor: 12-month cliff, then 12-month vesting (50% per year)

Issuance Quantity

Victoria VR has a total issuance quantity of 1 billion VR coins.

Distribution Structure

The distribution structure of VR coins is as follows:

  • Ecosystem Fund: 35% (350 Million VR)
  • Community Development: 25% (250 Million VR)
  • Investor: 20% (200 Million VR)
  • Team: 10% (100 Million VR)
  • Advisor: 10% (100 Million VR)

Token Allocation

The allocated portions of VR coins within each category are as follows:

  • Ecosystem Fund: 50% (175 Million VR) for long-term ecosystem growth and development of projects
  • Community Development: 30% (75 Million VR) for community initiatives, rewards programs, and events
  • Investor: 10% (20 Million VR) for early supporters and investors
  • Team: 5% (5 Million VR) for team member compensation and benefits
  • Advisor: 5% (5 Million VR) for guidance and support from experienced professionals

Token Vesting

To ensure the gradual and controlled release of VR coins into the market, a vesting schedule has been implemented for each distribution category:

  • Ecosystem Fund: 6-month cliff, then 24-month vesting (50% per year) to maintain long-term stability of the ecosystem
  • Community Development: 3-month cliff, then 12-month vesting (50% per year) to ensure ongoing community involvement
  • Investor: 6-month cliff, then 18-month vesting (50% per year) for early investor commitment and support
  • Team: 12-month cliff, then 24-month vesting (50% per year) to align incentives with long-term project goals
  • Advisor: 12-month cliff, then 12-month vesting (50% per year) to reward ongoing advisory contributions

FAQs

Q: When are VR coins expected to be released?
A: The release schedule for VR coins will be announced closer to the launch date.

Q: How can I acquire VR coins?
A: VR coins will be available through public sales, exchanges, and decentralized platforms.

Q: What is the purpose of the Ecosystem Fund?
A: The Ecosystem Fund supports the development and sustainability of the Victoria VR ecosystem, enabling the growth of projects and initiatives within the network.

Q: How does the Community Development allocation benefit VR coin holders?
A: By supporting community initiatives, rewards, and events, the Community Development allocation fosters a sense of ownership and participation among VR coin holders, contributing to the project's longevity and success.

Q: What is the vesting period for team and advisor tokens?
A: Team members and advisors have extended vesting periods of 24 months and 12 months, respectively, to align their interests with the long-term trajectory of the project.

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The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

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