What is ViralCoin?
ViralCoin is a blockchain-based project launched with a mission to revolutionize the landscape for subscription payment transactions among the popular EVM-compatible chains. Payment may include mortgage, electricity, water, and entertainment subscription bills. To ensure that users can rely on ViralCoin’s value when making payments, the project aims to keep the price constant (until the entire supply has been minted) using liquidity protocols.
ViralCoin also intends to address the early pump-and-dump dilemma that often affects newly released innovative projects as well as investors’ portfolios. In addition, a rewards mechanism has been implemented to allow users to pay their future bills without having to purchase additional ViralCoin tokens.
During the recent bull run, when the entire crypto market experienced a growth spurt in terms of price and expansion, many people became obsessed with acquiring crypto tokens early on before “going to the moon.”
To this end, many investors would buy newly released cryptocurrency coins and wait for the price increase. Although the initial hype and a large amount of inbound capital from retail investors would push the price up significantly, the problem is exacerbated as the early adopters start selling their tokens to cash out profits. This leads to sudden falls in prices that leave so many investors with huge losses and disappointments.
To solve this problem, the ViralCoin project takes a different approach with a number of necessary steps. First of all, every time a user makes a new purchase, the ViralVault contract will arbitrate the liquidity pools to keep the price stable. In this way, the token cannot be over- or undervalued, meaning the buyer always gets the best price. ViralTeam wallets, on the other hand, do not receive automatically redistributed tokens. In addition, the value of tokens does not depend on liquidity providers. In this way, the currency is truly under the control of the community.
Why was ViralCoin introduced?
The first decentralized autonomous organization (DAO) on the blockchain, ViralCoin is now live. The DAO is a group of participants who make decisions about the fate of ViralCoin. These choices include a subscription-based smart contract wallet, integration with popular e-commerce partners, and the creation of a lifestyle token.
The DAO will vote on the future of ViralCoin to ensure it continues to evolve and thrive regardless of crypto market fluctuations. Besides ViralCoin, many other popular tokens can be exchanged for ViralCoin and will be converted to USDC before being added to the Viral Liquidity Pool.
The ViralCoin vision
Viral aspires to become the next global blockchain giant while offering investors new income-generating utilities. The Decentralized Autonomous Organization (DAO) for ViralCoin is designed to make subscription transactions as seamless as possible. You can use the income you earn by holding VIRAL to pay for your rent, utilities, entertainment services, video-on-demand, water, among other things.
In order for early adopters to be confident in the value of the token as a means of payment, ViralCoin plans to keep the price relatively stable. This has resulted in an ever-growing pool of liquidity and returns for investors.
As global redistributions take place as a result of every single transaction, any wallet used to store tokens will see a steady growth in the number of tokens it has. Even if the price stays the same, the value of a wallet containing VIRAL will grow through the reflection. That means you don’t have to worry about the price dropping by a significant amount.
ViralCoin aims to minimize speculative gains, sudden price swings and a purely gamble mindset when trading and investing in digital assets. This approach will go a long way in counteracting the hop in, hop off mentality and facilitating price stability through an on-chain recommendation system, transparency and the fair balanced launch solution.
Tasks and goals of ViralCoin
With a fair balanced start, ViralCoin is a cryptocurrency launched with a number of revolutionary features. One of them is a system that mints tokens until the total supply reaches the maximum number. ViralCoin has also created a self-grown liquidity pool that serves to keep the peak price relatively stable. Additionally, ViralVault is pre-assigning NULL tokens to early adopters and developers.
ViralCoin developers are working on a subscription-based smart contract wallet that will allow holders to spend their tokens on recurring bills. ViralCoin also aims to be a lifestyle token by allowing holders to spend their tokens on popular e-commerce services. The developers even created a DAO to control the currency after the coin was launched. Once launched, the DAO decides how the coin will be used and managed.
Why is ViralCoin the best fairness token?
New cryptocurrency tokens have historically raised distribution concerns. ViralCoin was created to solve this problem and its goal is to bypass third-party service providers by introducing a decentralized alternative. ViralCoin has addressed these issues with its Fair Balanced Launch model.
ViralCoin uses ViralVault to mint tokens until maximum supply is reached and has rebalanced its liquidity pool to ensure fair and transparent token distribution. Additionally, the company has pre-allocated ZERO tokens to its founders, early adopters and developers.
The ViralCoin Fair Balanced Launch model is redefining DeFi and presenting a new model for token pricing and distribution. ViralCoin is also pairing with USDC in the liquidity pool. The price of the ViralCoin token remains stable and its availability makes it a good choice for a DeFi transaction.
ViralCoin also pays bills through ongoing redistributions, allowing its users to use the profit from these transactions to cover their expenses. ViralCoin is currently on the Ethereum blockchain, Binance Smart Chain, and Polygon Matic.
Another great feature of ViralCoin is its on-chain referral system. It’s free for wallet holders and the system is designed to reduce gas costs for peer-to-peer transactions. The viralCoin ecosystem is community-governed and only reputable ViralTrustees can manage the liquidity pool.
In addition, the issuance of ViralCoin does not have a centralized control system. ViralCoin is managed by the community rather than by a government or any other institution. ViralCoin is a transparent, open system that prioritizes fairness and transparency. The future of this coin is bright.
How to buy ViralCoin?
The first step in buying cryptocurrency is to connect to ViralCoin.com and connect your web3 wallet to your preferred EVM network. Choose which token you want to exchange for VIRAL and complete the transaction.
If you want to buy ViralCoin, you must first buy a token for gas on any EVM network like ETH, BNB or MATIC. Sign up with a crypto exchange and verify your account. Then transfer ETH to your Meta Mask wallet and hold your private key. Once the transaction is complete, your ViralCoin is ready for purchase.
Final Thoughts
Investing in ViralCoins can be a good option for those looking for a steady return on their investments.
As ViralCoin strives to combine its Fair Balanced Launch with long-term holding for investors, keeping the token price constant and stable will help boost confidence in the cryptocurrency space.
Using the liquidity pool and ViralVault and pairing the token with the USDC stablecoin, it will be possible to stabilize VIRAL’s peak price to the point where the coin’s maximum supply is reached.
The liquidity pool itself is self-sustaining and is designed to prevent losses and ensure the value of the token remains stable regardless of market conditions and volatility.
A word of caution: Investing in digital assets is highly speculative and involves many risks. The best way to achieve your investment goals is to have a balanced portfolio of stocks, commodities, mutual funds and cryptocurrencies. As with any investment, you should never risk more than you can afford to lose.
Learn Crypto Trading, Yield Farms, Income strategies and more at CrytoAnswers
https://nov.link/cryptoanswers
Comments are closed.