[ANN][VIT] New Coin Launch by Vital Coin Ltd | VitalCoin

[VitalCoin]

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 Platform	Vital Coin Gaming Platform
Location	Restricted by nationality and local laws	No Restrictions
Players	Limitations by individual’s country laws	Only technical limitations
Expansions	Costly and time consuming	Fast and low cost
International fund transfer	Borders limitation, fees and time consuming	Fast and free
Transaction fees	Up to 5%	Less than 0.5%
Transaction time	Up to Days	Immediate or within a short period
Withdrawal time	Days to weeks	Within a few hours
Control	Centralised	Decentralised
Budget limit authority	Banks	Players
Security	Reliance on bank	Transparent, controlled by a distributed network.
New updates and partner integration	Tedious, time consuming and costly.	Fast and low cost
Currency exchange	Up 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!

[1713507530]

1713507530

[A_N_O_NY_M_O_U_S]

LOL

[distract]

Reserved russian translation, if it's necessary.

[q5503162]

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

[vuppie0]

What is the algo?

Edit: Also need nodes since wallet won't sync.

[kalunomics]

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]

Reserved

[vuppie0]

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

Edit:

[sap2002]

addnode please

[SkyMaster]

go go go, Coin Creator!

[saltpool]

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]

Will try it.

[dt8666]

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]

addnode=148.66.59.154:37274

[Cryptobel-NL]

Dutch translation reserved

[Cryptobel-NL]

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!

[pantherx12]

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

[mountainskyman]

Hello. Do you have a website?

[Terrier]

reserved

[VitalCoin]

Hello. Do you have a website?

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