VIRTONOMICS is a fundamentally new paradigm and platform
for creation of a mainstream cryptocurrency VICoin (VIC), based on
alternative virtual economy development in MMO business simulation“US pilots started to hone their skills on
flight simulators as early as in the 1970s. It
proved to be cheaper and in some cases
more effective than training sorties. Today,
anyone interested can learn the basics of
driving using auto simulators or how to
build a business in
VIRTONOMICSmultiplayer game.”
Pavel DurovFounder of Telegram
global multiuser business simulator creates its proprietary cryptocurrency,
VICoin (VIC), V and an ecosystem for earning the cryptocurrency in an online economic game emulating the formation and development of an alternative global virtual economy. The cryptocurrency is gained during the game in a realistic business simulation where users build and expand their virtual companies, trade and compete with each other, and develop the business ecosystem in the virtual economic environment. The resources and tools for generation and digging of the “fuel” are special game entities purchased for
VIC tokens (such as virtual mines extracting natural resources, virtual mining farms, virtual power plants etc). The volumes of “fuel” production for Virts cryptocurrency depend on the success and competitive position of a player’s virtual business, and on the quality and amount of mining assets owned by the user. The user can convert each 100 Virts earned in the economic simulator into one
VICoin (VIC) and spin it off the game to the outer market.
A
VIRTONOMICS player can act in two ways depending on his ambitions, experience and investment capabilities.
1. As an investor, owner and CEO of a virtual company who can hire other
VIRTONOMICS players as managers;
2. As a hired manager running certain units (division director) or a functional manager supervising key business functions and processes (marketing, sales, production director). The employer pays for the employee’s work in cryptocurrency. Labor contracts and associated settlements are realized in the blockchain based on Ethereum smart contracts.
VICoin (VIC) cryptocurrency circulates freely, is listed on exchanges and has naturalization channels. The cryptocurrency can buy not only game entities and assets in the virtual economy but also outside real services and goods.
VIRTONOMICS FACTS:
v VIRTONOMICS.COM is an active and long-standing trust project
v VIRTONOMICS is a massively multiplayer online economic game, being one of the most popular and forward-looking MMO business simulators worldwide
v VIRTONOMICS client base exceeds 2 million registered users
v VIRTONOMICS hits top positions in Google global search by relevant queries such as “online business simulation” and “online business game” with huge organic traffic
v VIRTONOMICS is available in English, Russian and Spanish; German, French and Portuguese versions are under development
v VIRTONOMICS engine is widely used by universities in different countries for teaching the basics of macro- and microeconomics and management as well as by many big corporations for managers’ corporate training
PROBLEM TO BE SOLVEDTall financial, technological and intellectual hurdles of mining as a means of earning cryptocurrency on the mass market.Mining as a way of cryptocurrency earning is still very much the preserve of advanced technology geeks. Today, by far the overwhelming majority of people lacking specialized knowledge in both blockchain technologies and cryptocurrency economy is barred from the mining market. The big volume of fairly specific expertise required for understanding blockchain technologies along with the nature of the cryptocurrency market and the ways of gaining from it sets insuperable intellectual and technological obstacles preventing the cryptocurrency from turning to a truly mass instrument based on activities understood by and familiar to that overwhelming majority of people.
We leave block mining to professional and industrial miners and use the produced Ethereum cryptographic blocks as the technological foundation for creation of
VICoin cryptocurrency while enabling the bulk of users earning cryptocurrency by purposeful and meaningful actions that are by far more familiar to them. In the context of our project, we refer to such activities as
“digging”.
What makes us consider the implementation of this principle to be important for the active and large-scale development of the cryptocurrency market? For instance, the total number of people with even superfluous knowledge of blockchain technologies, mining, cryptocurrencies and their mode of operation accounts for no more than 0.01% of the global population, while the share of people having at least a general idea of economy, business, management and entrepreneurship stands at 20%. To make blockchain technologies and cryptocurrencies truly large-scale, one needs to give people mechanisms of earning cryptocurrencies by means of a process that is much more familiar and understandable.
SO A TRULY MASSIVE-SCALE CRYPTOCURRENCY IS THE COOPERATION OF MINERS AND DIGGERS!
We build an ecosystem that will enable anyone with basic knowledge of economy, management and entrepreneurship to become a digger who applying and capitalizing on own expertise and skills in order to earn cryptocurrency in a multiuser global business simulator that emulates macro- and micro economical processes along with the interaction of economic agents.
v We develop an ecosystem of a virtual economy where one can get a return on his investments in the virtual company assets, generating the “fuel” for the cryptocurrency without burning away megawatts of electricity, buying tons of expensive hardware and video cards, or renting space for mining farms. More than that, it will allow direct capitalization on one’s intellectual capabilities, management skills, labor and time spent on the creation and development of a virtual economy.
v In such ecosystem of a virtual economy, everyone can create and run his own company, invest all available capital in its development and gain convertible cryptocurrency from the investments.
v We create an ecosystem of an alternative economy where the owner and head of a large virtual company generating a sufficient amount of cryptocurrency can hire other people, regardless of their location in order to help managing and scaling up the enterprise, and pay them in cryptocurrency.
BLOCKCHAINUsing specially realized smart contracts, the Ethereum blockchain will store the data on:
• the total number of
VICoin in circulation;
• the balance of
VICoin on player’s account and fund flows;
• purchase and ownership of digging units;
• conversion of Virts game bonuses into
VICoin tokens;
• labor contracts between players.
Additionally, the smart contract will implement the functionality of settlements between owners of virtual companies and hired managers according to labor contracts.
ADVANTAGES OF VIRTONOMICS PROJECT AND INVESTMENT IN VICoin TOKENS1.
VIRTONOMICS is an active and well-known trust project. This global business simulator has been running and developing for many years and ranks among the most widely known business simulators globally. It boasts top search results for key relevant queries such as “online business simulation”, thousands of organic new user registrations monthly, stable audience and over 2 million registered users worldwide (En, Es, Ru).
2. Besides the growing but still compact [Suspicious link removed]munity, the project aims at the wide business community and the people looking for tools of operation and earning on the Internet that are clear and available for all.
3. The project team is one of the strongest in the world in its core field, that of creation of multiuser business simulations and complex virtual economies.
4. Earning
VICoin requires neither expensive mining equipment nor the use of megawatts of electricity. In order to develop a virtual business in an exciting multiuser economic gain one needs little time (starting at 30 minutes a day) and small upfront investments (starting at
USD 50).
5. Actions and decisions of users impact the performance of their virtual companies and, consequently, the amount of cryptocurrency they dig.
6.
VICoin tokens have the status of AppCoins, and being application coins they are free from regulatory risks.
7. From the moment of issuance
VICoin tokens gave a ready-made naturalization channel: external services accept
VIC at more favorable terms than fiat money. For example, from the very moment of issuance one can pay in
VIC for a wide range of educational services by Simformer at a steep discount of up to 50%. The user can utilize these services himself or resale them to anyone at his own discretion. The number of partner resources will be increased actively.
8. Unlike the great majority of multiple self-replicating cryptocurrencies,
VICoin is based on the creation of a true added value and on the activity of users aimed at building an ecosystem with applied value for the real economy. The true value of creation and expansion of a virtual economy in a global multiuser business simulation lies in the following:
a. It builds an alternative labor market with guarantees for fulfillment of mutual obligations by employers and employees. To continue expanding and scaling up, owners of large and growing virtual corporations can hire people to manage select units or business functions. Physical location of employees is of absolutely no importance. The employer pays his employees in
VICoin directly by using Etherium-based smart contracts.
b. It enables creation of a new generation marketplace to bring together suppliers and customers from the real world in a game environment with minimized communication distance.
c. It lets employers from the real economy select future talented managers from successful players running virtual enterprises.
d. It provides the platform for teaching managers and entrepreneurs of applied skills of business management in a realistic business simulation with no risk for their real-life business.
e. A realistic virtual economy synchronized with OpenData and a market environment formed by the activity of hundreds of thousands players is an invaluable tool and testing ground for modeling and testing market strategies for real businesses ranging from startups to multinational corporations as well as for governments in their economic efforts.
Virtonomics ICO started on 01 march 2018. 1-st round during 15 march (40% discount) To learn more about the project and to participate in the pre-sale, please visit https://virtonomics.io[/u]
