What is ViralCoin?
ViralCoin is a blockchain-based project launched with the mission to revolutionize the landscape for subscription payment transactions among the popular EVM-compatible chains. The payment may include mortgage, electricity, water, and entertainment subscription bills. To ensure that users can rely on ViralCoin value for payments, the project aims to keep the price consistent using liquidity protocols (until the total supply has been minted).
ViralCoin also intends to deal with the early pump and dump dilemma that frequently harms newly released innovative projects as well as investors’ portfolios. On top of that, a reward mechanism has been implemented to enable users to pay their future bills without having to purchase any additional ViralCoin tokens.
During the recent bull run when the entire crypto market witnessed a surge in growth in terms of price and expansion, a lot of people became obsessed with acquiring crypto tokens early on, before they “shoot to the moon.”
For this purpose, many investors would buy newly released cryptocurrency coins and wait for the price hike. Though the initial hype and a large amount of incoming capital from the retail investors would bump up the price significantly, the problem compounds when the early adopters start selling their tokens to cash out profits. This results in sudden dumps in the price, leaving so many investors in huge losses and disappointment.
To deal with this problem, the ViralCoin project undertakes a different route with a number of necessary steps. First of all, every time a user makes a new purchase, the ViralVault contract will arbitrage the liquidity pools to keep the price stable. In this way, the token can neither be overpriced nor undervalued, i.e., the buyer always gets the best price. ViralTeam wallets, on the other hand, do not automatically receive auto-redistributed tokens. Moreover, the value of tokens does not rely on any liquidity providers. This way, the currency is well and truly under the community’s control.
Why was ViralCoin launched?
The first decentralized autonomous organization (DAO) on the blockchain, ViralCoin is now live. The DAO is a group of participants who make decisions on the fate of ViralCoin. These decisions will 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 that it continues to evolve and thrive regardless of the crypto market swings. In addition to ViralCoin, many other popular tokens can be swapped for ViralCoin and will be converted into USDC before being inserted into the Viral Liquidity Pool.
The ViralCoin Vision
Viral aspires to become the next worldwide blockchain giant while simultaneously giving investors new income-generating utilities. The Decentralized Autonomous Organization (DAO) for ViralCoin was developed to make subscription transactions as smooth as possible. You may use the income you earn by holding VIRAL to pay for things like your rent, utilities, entertainment services, video on demand, and water, among other things.
To ensure that early adopters will be able to depend on the value of the token as a means of payment, ViralCoin plans to keep the price relatively stable. This has resulted in an ever-increasing liquidity pool and returns for investors.
Because global redistributions take place as a consequence of each and every transaction, every wallet used to store tokens will see consistent growth in the number of tokens it has. Even if the price remains the same, the worth of a wallet that contains VIRAL will grow as a result of the reflection. This means that there is no need to worry about the price dropping by a significant amount.
ViralCoin aims to minimize speculative gains, sudden price fluctuations, and a purely gambling mindset in the trading and investment of digital assets. This approach will go a long way to counter the ‘get in, get out’ mentality and facilitate price stability through an on-chain referral system, transparency, and the Fair Balanced Launch solution.
Aims and goals of ViralCoin
With a Fair Balanced Launch, ViralCoin is a cryptocurrency that was introduced 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 maximum price relatively stable. In addition, the ViralVault pre-allocates ZERO tokens to early adopters and developers.
The developers of ViralCoin are working on a subscription-based smart contract wallet that allows 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 have even created a DAO to control the currency after the coin’s launch. Once it’s launched, the DAO will decide how the coin will be used and governed.
Why is ViralCoin the best fairness token?
New cryptocurrency tokens have raised distribution concerns in the past. ViralCoin was launched 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.
Using the ViralVault to mint tokens until the maximum supply is reached, ViralCoin has rebalanced its Liquidity Pool, ensuring a fair and transparent token distribution. Moreover, the company has pre-allocated ZERO tokens to its founders, early adopters, and developers.
The ViralCoin “Fair Balanced Launch” model redefines DeFi, presenting a new model for token pricing and distribution. ViralCoin also pairs with USDC in the Liquidity Pool. The ViralCoin token’s price remains stable and its availability makes it a great choice for a DeFi transaction.
ViralCoin also pays bills through ongoing redistributions, so its users can use the profit from these transactions to meet their expenses. ViralCoin is currently residing on the Ethereum blockchain, Binance Smart Chain, and Polygon Matic.
Another great feature of ViralCoin is its on-chain referral system. It is free for wallet holders, and the system has been designed to reduce peer-to-peer transaction gas costs. The viralCoin ecosystem is governed by the community, and only reputable ViralTrustees can manage the liquidity pool.
Furthermore, ViralCoin’s issuance has no centralized control system. ViralCoin is governed by the community, rather than a government or other institution. ViralCoin is a transparent, open system, with a focus on fairness and transparency. The future of this coin is bright.
How do you buy ViralCoin?
The first step in buying a cryptocurrency is to connect to ViralCoin.com, and connect your web3 wallet to your preferred EVM network. Select which token you’d like to swap for VIRAL, and complete the transaction.
If you want to buy ViralCoin, then you must first buy a token for gas on any given EVM network, such as ETH, BNB, or MATIC. Register on a crypto exchange and verify your account. Then, transfer ETH into your Meta Mask wallet and hold your private key. Once the transaction is complete, your ViralCoin is ready for purchase.
Investing in ViralCoins can be a good option for those looking for a steady return on their investments.
As ViralCoin seeks to combine its Fair Balanced Launch with long-term holding for investors, keeping the token price consistent and stable will go a long way to instill confidence in the cryptocurrency space.
With the help of the liquidity pool and the ViralVault, and pairing the token with USDC stablecoin, it will be possible to stabilize the maximum price of VIRAL till the point when the maximum supply of the coin is reached.
The liquidity pool itself is self-sustaining, designed so to prevent losses and ensure that the token stays stable in value, regardless of market conditions and volatility.
A word of caution: investing in digital assets is highly speculative and comes with many risks. It is best to achieve your investment goals by having a well-balanced portfolio with stocks, commodities, mutual funds, and cryptocurrency. As with any investment, never risk more than you can afford to lose.