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Author Topic: [ANN][VIT] New Coin Launch by Vital Coin Ltd | VitalCoin  (Read 829 times)
VitalCoin
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February 22, 2018, 09:23:30 AM
 #1

Vital Coin Ltd

Revolutionizing the Gaming and Casino Industry

Vital Coin Ltd is a London based Financial Technology firm focused on providing a cutting edge gaming experience for worldwide audience. Harnessing the power of blockchain technology, we aim to transform the online gaming market to be an enticing ground for fun, exhilarating and profitable gaming.

The Gaming and Casino Industry

The financial opportunity of the gaming industry is staggering. In 2015, international revenue generated from gaming approached $400 billion USD in 2015. Online gaming makes up a substantial portion of that market. Roughly 10% and $40 billion USD is from online gaming. What’s more impressive is the growth of online gaming since 2010, which was 50%. Experts predict the total gaming industry will be close to $60 billion by the year 2020. In terms of participation, that is nearly 6 million adults participating in gaming. (H2 Global Summary, 2017). Not surprisingly, the online segment of the gambling market is expected to accelerate faster than the traditional casino market.
Size of the online gambling market from 2009 to 2020 (in billion US dollars)

https://farm5.staticflickr.com/4712/39705402704_c7e974d060_b.jpg

The advantages of blockchain application

Through blockchain technology, we can revolutionise the online gaming industry by introducing a provable, fair and immutable records of deposits, withdrawals and winnings that has near instantaneous transaction speeds. These points will be essential to promote mass adoption of VitalCoin in the market.

Comparison chart

Traditional Gaming PlatformVital Coin Gaming Platform
LocationRestricted by nationality and local lawsNo Restrictions
PlayersLimitations by individual’s country lawsOnly technical limitations
ExpansionsCostly and time consumingFast and low cost
International fund transferBorders limitation, fees and time consumingFast and free
Transaction feesUp to 5%Less than 0.5%
Transaction timeUp to DaysImmediate or within a short period
Withdrawal timeDays to weeksWithin a few hours
ControlCentralisedDecentralised
Budget limit authorityBanksPlayers
SecurityReliance on bankTransparent, controlled by a distributed network.
New updates and partner integrationTedious, time consuming and costly.Fast and low cost
Currency exchangeUp to 5%Almost free

Audiences

Premium Players

Premium players are gamers that consistently spend large amount of money on gaming platforms. These premium players are essential to the operations of gaming platforms. In traditional gaming platforms, premium players can fund in through credit or bank wire transfers, which most often than not have a comparatively low transfer limit. In such instances, premium players are forced to accept less than favourable terms with their gaming platforms in order to attain sufficient gaming funding. With VIT, premium players can sidestep such scenarios by funding in through major cryptocurrency exchanges, where the upper trading limits are considerably more acceptable to them.

Casual Players

Casual players are small time players that spend small amounts of money infrequently just for some quick fun. These casual players value convenience and confidentiality over other aspects of online gaming. With VIT, casual players can instantaneously obtain VIT via cryptocurrency exchanges that is available round the clock, as compared to waiting for banks and intermediaries to validate their funding in. VIT would also no leave any transactional paper trails that links them with any gaming platforms. This would definitely be more ideal than the current funding process in place today.

Operators

Risk of default will be entirely eliminated as gamers can only fund in and buy VIT with major cryptocurrencies. These digital assets will then be held as collaterals with the operators while gamers enjoy their gaming experience on their respective platforms. Losses from gamers will be covered by a portion of the digital assets collaterals while winnings will be paid out in the form of digital assets. The absence of transfer of traditional fiat currencies also creates potential operational savings for operators as compared to traditional transactions of online gaming.

Coin Specifications

  • Coin Name: Vital Coin (VIT)
  • Mining Mechanism: Proof of Stake (POS)
  • Max Supply: 100 million
  • Premine: 15 million
  • POS: 85 million
  • Maturity: 10 days
  • Algorithm: Scrypt
  • QT wallet: Windows, Linux

Inflation

01/03/2018 – 31/08/2018:   60%
01/09/2018 – 28/02/2019:    40%
01/03/2019 – 31/08/2019:   30%
01/09/2019 and thereafter:   20%   

Wallet

Windows:https://vitalcoin.info/wp-content/uploads/2018/01/VitalCoin.zip
Linux:https://vitalcoin.info/wp-content/uploads/2018/01/Linux-VitalCoind.zip

Github Link

https://github.com/argyll-tech/VitalCoin/

Explorer Link

explorer.vitalcoin.info

Follow us on:

Website: http://vitalcoin.info/
Twitter: @VitalCoinVIT

VitalCoin (VIT) is now avaliable on:

C-CEX
https://c-cex.com/

NovaTraderEX
https://novatraderex.com/

VitalCoin APP is now available on:

Google Play Store https://play.google.com/store/apps/details?id=app.vitalcoin.info
APP STORE https://itunes.apple.com/sg/app/vit/id1353340284?mt=8

*Use of VitalCoin to exchange for casino chips will be available soon, please stick around!

Follow Us on Twitter
@VitalCoinVIT
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A_N_O_NY_M_O_U_S
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February 22, 2018, 09:32:10 AM
 #2

LOL
distract
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February 22, 2018, 09:40:24 AM
 #3

Reserved russian translation, if it's necessary.
q5503162
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February 22, 2018, 09:42:34 AM
 #4

It seems a scam
I mine and hit the block ,but the reward is 0

                                                 ⮞ CryptoBrick ⮜ (https://cryptobrick.io)
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February 22, 2018, 09:53:07 AM
 #5

What is the algo?

Edit: Also need nodes since wallet won't sync.
kalunomics
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February 22, 2018, 10:12:10 AM
 #6

7% premine is not bad.

It seems a scam
I mine and hit the block ,but the reward is 0
How did you check the balance since the wallet won't sync? Or you checked through the explorer?

saltpool
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February 22, 2018, 10:19:17 AM
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Reserved
vuppie0
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February 22, 2018, 10:22:17 AM
 #8

The wallet synced finally, same here, I hit a block and the reward is 0.

Edit:
sap2002
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February 22, 2018, 10:44:30 AM
 #9

addnode please
SkyMaster
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February 22, 2018, 10:45:29 AM
 #10

go go go, Coin Creator!

SHIELD - coin of future.
saltpool
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February 22, 2018, 10:50:01 AM
 #11

The wallet synced finally, same here, I hit a block and the reward is 0.

Looking at the block chain explorer it appears that the reward is 0.  

"Receiving quantity:0"

Block 11288 at the moment.

Anyone have a node IP? I have the pool ready, just need to add a node to it to start synching the blocks.
dt8666
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February 22, 2018, 10:53:02 AM
 #12

Will try it.
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February 22, 2018, 10:56:45 AM
 #13

It seems a scam
I mine and hit the block ,but the reward is 0

When your wallet not sync and start mining, all block hit seems not valid. Happen to me on other coin before
sap2002
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February 22, 2018, 11:03:42 AM
 #14

addnode=148.66.59.154:37274
Cryptobel-NL
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February 22, 2018, 12:15:15 PM
 #15

Dutch translation reserved Smiley

◼◼ The Future of Payroll
◼ Make Every Day Payday (http://workchain.io)
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February 22, 2018, 12:16:08 PM
 #16

It seems a scam
I mine and hit the block ,but the reward is 0

When your wallet not sync and start mining, all block hit seems not valid. Happen to me on other coin before

Guys you gotta read before you start mining.. LoL.. It's a PoS coin!

◼◼ The Future of Payroll
◼ Make Every Day Payday (http://workchain.io)
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February 22, 2018, 12:19:25 PM
 #17

i think, not correctly write "gamer" project.
it just another "gambling" project, with Casino and Jack Daniels

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mountainskyman
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February 22, 2018, 12:23:29 PM
 #18

Hello. Do you have a website?

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February 22, 2018, 03:03:08 PM
 #19

reserved
VitalCoin
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February 22, 2018, 04:17:11 PM
 #20

Hello. Do you have a website?

Hi, please visit us at http://vitalcoin.info/

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