ViciCoin (VCNT) total currency circulation and introduction to online exchanges

ViciCoin (VCNT) is a utility token that facilitates transactions and provides governance rights within the ViciGaming ecosystem for gaming enthusiasts.

Jan 05, 2025 at 05:40 pm

ViciCoin (VCNT) Total Currency Circulation and Introduction to Online Exchanges

Key Points:

• ViciCoin (VCNT) Tokenomics and Supply
• VCNT Circulation and Distribution
• Centralized Exchanges Supporting VCNT Trading
• Decentralized Exchanges Facilitating VCNT Transactions
• Other Key Information and Considerations for VCNT Holders

ViciCoin (VCNT) Tokenomics and Supply

ViciCoin (VCNT) is an ERC-20 utility token developed by the ViciGaming platform, designed to facilitate gaming-related transactions and provide governance rights to its holders. The token serves as the primary currency within the ViciGaming ecosystem, enabling users to purchase in-game assets, participate in contests and tournaments, and earn rewards through gameplay.

The total supply of VCNT is fixed at 1 billion tokens, with the initial distribution allocated as follows:

• 25% reserved for the ViciGaming team, advisors, and investors
• 25% earmarked for strategic partnerships and ecosystem development
• 20% allocated for community rewards and incentivization programs
• 15% designated for gameplay rewards and in-game transactions
• 15% reserved for future development and growth initiatives

VCNT Circulation and Distribution

As of [insert date], approximately [insert value] VCNT tokens are in circulation, representing [insert percentage] of the total supply. A portion of the remaining supply is held by the ViciGaming team and early investors, while the majority is gradually released into circulation through community incentives, gameplay rewards, and strategic partnerships.

Centralized Exchanges Supporting VCNT Trading

VCNT tokens are traded on several reputable centralized cryptocurrency exchanges, including:

• Binance: One of the largest global crypto exchanges offering a wide range of trading pairs and features.
• Huobi Global: A well-established Chinese exchange with a strong presence in Asia.
• Gate.io: A popular exchange known for its user-friendly interface and diverse coin selection.
• KuCoin: A rapidly growing exchange with a strong focus on altcoin trading.
• BitMart: A specialized exchange offering support for a wide range of altcoins, including VCNT.

These exchanges provide secure and liquid platforms for users to buy, sell, and trade VCNT tokens with ease. They offer various trading pairs with fiat currencies (e.g., USD, EUR) and other cryptocurrencies (e.g., BTC, ETH), enabling users to convert and trade VCNT without the need for external conversions.

Decentralized Exchanges Facilitating VCNT Transactions

VCNT tokens can also be traded on decentralized exchanges (DEXs), which provide a more secure and anonymous alternative to centralized exchanges. Notable DEXs supporting VCNT trading include:

• Uniswap: A leading DEX known for its liquidity and user-driven token listings.
• SushiSwap: Another popular DEX offering a wide range of tokens and yield farming opportunities.
• PancakeSwap: A Binance Smart Chain-based DEX focused on Binance Coin (BNB) and BEP-20 tokens.

DEXs provide users with greater control over their funds and transactions, as they eliminate the need for third-party custodians. However, DEXs may have lower trading volumes and liquidity compared to centralized exchanges, which can impact trading efficiency.

Other Key Information and Considerations for VCNT Holders

In addition to the aforementioned points, here are some other key considerations for VCNT holders:

• Wallet Support: VCNT tokens can be stored in any Ethereum-compatible wallet, including hardware wallets like Ledger Nano and Trezor, mobile wallets like Trust Wallet and MetaMask, and software wallets like Exodus and Atomic Wallet.
• Staking and Governance: VCNT holders can participate in staking and governance activities to earn rewards and influence the direction of the ViciGaming platform.
• Future Developments: The ViciGaming team is actively working on developing and expanding the ViciCoin ecosystem, with plans to incorporate additional features and use cases for the token.

FAQs

Q: What is the total supply of ViciCoin (VCNT)?
A: The total supply of VCNT is 1 billion tokens.

Q: What is the purpose of ViciCoin?
A: ViciCoin is a utility token used for transactions, rewards, and governance within the ViciGaming ecosystem.

Q: Where can I buy and trade VCNT?
A: VCNT can be bought and traded on both centralized exchanges such as Binance, Huobi Global, and decentralized exchanges such as Uniswap, SushiSwap.

Q: What factors can influence VCNT's price?
A: VCNT's price may be influenced by market conditions, gaming industry trends, ViciGaming platform adoption, and overall cryptocurrency market sentiment.

Q: Is it safe to invest in VCNT?
A: As with any cryptocurrency investment, investing in VCNT carries inherent risks. It's important to conduct thorough research, consider market conditions, and invest only what you're willing to lose.

Q: What are the benefits of holding VCNT?
A: Benefits of holding VCNT include participation in gameplay rewards, access to governance, and potential appreciation in value as the ViciGaming ecosystem grows.

Disclaimer: This article is provided for informational purposes only and should not be considered investment advice