What is the circulation amount of Victoria VR Coin?

With a capped supply of 10 billion tokens and a current circulating supply of 5.5 billion, Victoria VR Coin ensures scarcity and supports its value.

Jan 04, 2025 at 11:45 am

Key Points

• Victoria VR Coin is a native token of the Victoria VR ecosystem, powering the platform's virtual reality games and financial services.
• The maximum supply of Victoria VR Coin is capped at 10 billion tokens, ensuring its scarcity value.
• The current circulating supply of Victoria VR Coin is approximately 5.5 billion tokens, with the remaining tokens being allocated for various purposes such as development, marketing, and community rewards.
• The distribution of Victoria VR Coin includes: 40% for public sale, 20% for ecosystem development, 15% for team and advisors, 10% for marketing, and 15% for liquidity provision.
• Victoria VR Coin's circulating supply is expected to increase gradually as more tokens are released for ecosystem growth and community incentives.

Detailed Analysis

1. Maximum Supply and Scarcity

Victoria VR Coin has a limited maximum supply of 10 billion tokens. This ensures that the value of the token remains stable and prevents inflation. By capping the supply, Victoria VR ensures that the value of each token is supported by real-world utility within the ecosystem.

2. Current Circulating Supply

The current circulating supply of Victoria VR Coin is approximately 5.5 billion tokens. This figure represents the number of tokens that are available for trading and use within the ecosystem. The remaining tokens are held in reserve for various purposes, such as ecosystem development, marketing, and team allocation.

3. Token Distribution

The initial distribution of Victoria VR Coin took the following form:

• Public Sale: 40% of the total supply was allocated for public sale, providing investors with an opportunity to acquire tokens and participate in the ecosystem.
• Ecosystem Development: 20% of the tokens were dedicated to ecosystem development, fostering the growth and expansion of the Victoria VR platform.
• Team and Advisors: 15% of the tokens were allocated to the team and advisors, acknowledging their contributions to the project's development and success.
• Marketing: 10% of the supply was reserved for marketing and promotional activities, raising awareness about Victoria VR and its offerings.
• Liquidity Provision: 15% of the tokens were allocated for liquidity provision, ensuring that there is ample liquidity for trading and swapping on exchanges.

4. Future Circulating Supply

The circulating supply of Victoria VR Coin is expected to increase gradually over time. As the ecosystem expands and more tokens are released for ecosystem growth and community incentives, the circulating supply will grow accordingly. However, the maximum supply will remain fixed at 10 billion tokens, ensuring the scarcity and value of the token.

FAQs

What is the purpose of Victoria VR Coin?

Victoria VR Coin is the native token of the Victoria VR ecosystem. It powers the platform's virtual reality games and financial services, enabling users to earn rewards, make transactions, and participate in governance.

How can I acquire Victoria VR Coin?

Victoria VR Coin is available for purchase on various cryptocurrency exchanges. You can create an account on an exchange, deposit funds, and place an order to buy Victoria VR Coin.

What factors can affect the price of Victoria VR Coin?

The price of Victoria VR Coin is influenced by various factors, including the supply and demand dynamics, the growth of the Victoria VR ecosystem, the adoption of virtual reality technology, and overall market conditions.