Please check out latest news, expert comments and industry insights from Coinspeaker's contributors.
ViralCoin was the first project in DeFI to come up with the proposition of a Fair Balanced Launch: this distribution model persists on maintaining a maximum asset price during the minting process, right until the point when the token reaches the limit of its supply potential.
On a mission of continuous disruption, blockchain space never ceases to innovate and move technology forward ever from day one – this way, being the torch lightening up the path to the new social order entirely based upon values of decentralization and freedom from cohesive control. Throughout decades of institutional hegemony, the society got accustomed to the thought of power being split up among the selected few – the ones who take control over the financial streams and set the rules for those in lesser possession. Covid-19 notoriously facilitated the division between the rich and the poor; right now, the world is engaged in an ongoing struggle to restore the balance of forces. In this crucial historical moment, ViralCoin and the idea of the first Fair Launch in the DeFi space, could play a determining role.
ViralCoin Unveils Fair Balanced Launch as the New Model of Token Pricing
Cryptocurrency, though being a notorious decentralized asset, failed to get into the mainstream flow for a number of reasons. Primarily, the insecurity of token price remains high: numerous examples from the past have demonstrated that, once the hype is gone, the price of the digital token sinks dramatically. Often being unable to show the stable mechanism of value generation, lots of assets in the crypto-space go far beyond cheerful investor anticipations, therefore presenting the source of disappointment for those who bet on the asset long-term.
ViralCoin was the first project in DeFI to come up with the proposition of a Fair Balanced Launch: this distribution model persists on maintaining a maximum asset price during the minting process, right until the point when the token reaches the limit of its supply potential. To realize this mission, a ViralVault has come to play a crucial role: the purpose of this mechanism is to ensure that the maximum price of the asset is kept intact, by the means of maintaining the Liquidity Pool balanced. Another essential component is the absence of pre-distribution: ViralCoin ensured that no early coin shares were split between developers or founders, which usually deters the asset from keeping the price at a fair level.
ViralCoin Becomes the First Fairness Carrier for Society
Apart from being consistently focused on maintaining the price of a token high, ViralCoin has also contributed to the broader vision of society’s growing wealth at large. In order to become a part of the large and fast-growing blockchain movement, it is no longer necessary to purchase the asset directly; rather, it is possible to partake in the space-pioneering on-chain on-token referral system, which consists in sharing 1% of the total purchase with the address receiving the coins. This way, ViralCoin spreads its vision for the open system available to all.
Another noteworthy feature is a proportionate re-distribution of the 3% fee to all active holders on the platform (apart from the team itself). Besides, the symbiosis with the USDC token in the Liquidity Pool makes ViralCoin more sustainable to the industry price fluctuations, sometimes so painfully palpable in the cryptocurrency area. Independence in the track of its development, stability of its price combined with the wide accessibility of token through swaps and redistribution models, makes ViralCoin an attractive asset to hold on to for a long-term investment.
Though covid-19 has additionally emphasized the corrupted nature of the modern financial institutions, ViralCoin is determined to lay the foundations of the new framework, where transparency and fairness are the fundamental operating principles of the social structure. In the foreseeable horizon, ViralCoin sees the prospect of implementing the recurring e-commerce payments in practice: by holding ViralCoin, holders will be able to manage their household bills by gaining the advantage of the redistribution process. Thus, VircalCoin boasts of exuberant potential, which is likely to leave a long-lasting footprint on the space of DeFi.