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Victory Impact Coin news
About Victory Impact Coin
What Is Victory Impact (VIC)?
Victory Impact, initiated in 2023 by a United States-based team, is an innovative platform that combines the domains of e-commerce, travel rewards, and cryptocurrency. Leveraging the Ethereum blockchain, Victory Impact employs the VIC, an ERC-20 utility token, at the core of its multifaceted ecosystem. This construct sets a new paradigm in the cashback rewards sector.
VIC, as a utility token, functions prominently in the following aspects:
-Serving as a reward mechanism for consumers making purchases on partner websites and participating in the platform's flagship offerings - VIC-Travel and VIC-Mart.
-Channeling a percentage of each transaction towards philanthropic endeavors, thereby aligning consumer spending with societal impact.
The Victory Impact platform encompasses two distinctive utilities:
-VIC-Travel: An upcoming global travel booking site set for a Q3 2023 launch, facilitating considerable savings on hotel accommodations and vehicle rentals.
-VIC-Mart: An expansive online marketplace, scheduled to launch by Q1 2024, striving to extend its reach to 200 countries, providing discounts on over 300 million different products.
How Many VIC Tokens Are There in Circulation?
Victory Impact was instituted with a maximum supply of 500 million VIC tokens, of which 400 million VIC tokens are currently in circulation. A distinct facet of the Victory Impact's token model is the one-year lock-in period applied to all tokens owned by founders and partners, ensuring the project's stability and long-term commitment.
Who Are the Founders of Victory Impact?
Victory Impact is the brainchild of Anthony Cadieux II and John Spinner, who carry a vast reservoir of experience in establishing successful startups, implementing cryptocurrency innovations, and spearheading national charity initiatives. Their collective vision of integrating the commercial sector with societal welfare led to the inception of Victory Impact. This project demonstrates their commitment to applying blockchain solutions to everyday transactions and optimizing consumer rewards.
Where Can I Procure Victory Impact (VIC) Tokens?
VIC tokens can be acquired on the Uniswap and BitMart exchanges, offering a wide range of accessibility to potential investors. Furthermore, the platform anticipates extending its presence to notable centralized exchanges in the near future.
New to crypto? Read our easy guide to buying Bitcoin and other cryptocurrencies."
What is Victory Impact Coin?
Victory Impact Coin (VIC) is a digital currency that operates on the Ethereum blockchain, classified as an ERC-20 utility token. It was launched in 2023 by a team based in the United States, with Anthony Cadieux II and John Spinner at the helm. The project is designed to merge the realms of e-commerce, travel rewards, and cryptocurrency into a single, innovative platform.
VIC serves as the central element of the Victory Impact ecosystem, which aims to redefine the cashback rewards industry. The token is utilized as a reward for consumers who make purchases through partner websites, engage with the platform's key services, VIC-Travel and VIC-Mart, and participate in various activities within the ecosystem. Additionally, a portion of every transaction made with VIC tokens is allocated to charitable causes, aligning consumer spending with positive societal impacts.
The Victory Impact platform is divided into two main components:
VIC-Travel: Slated for launch in the third quarter of 2023, this global travel booking service promises significant savings on hotels and vehicle rentals.
VIC-Mart: An extensive online marketplace expected to launch in the first quarter of 2024, aiming to offer discounts on a wide array of products in over 200 countries, with a catalog of more than 300 million items.
The total supply of VIC tokens is capped at 500 million, with 400 million currently in circulation. To ensure the project's stability and the team's long-term commitment, tokens owned by founders and partners are subject to a one-year lock-in period.
VIC tokens are available for purchase on decentralized and centralized exchanges, including Uniswap and BitMart, with plans to expand to additional exchanges in the future.
Given the innovative approach of Victory Impact in integrating blockchain technology with e-commerce and travel rewards, alongside its philanthropic undertakings, it represents a noteworthy development in the cryptocurrency space. However, as with any investment in digital currencies, potential investors should conduct thorough research and consider the inherent risks before participating.
How is Victory Impact Coin secured?
Victory Impact Coin (VIC) employs a multifaceted approach to ensure its security, leveraging the robustness of blockchain technology and the expertise of security law professionals. At its core, VIC is built on the Ethereum blockchain, utilizing ERC-20 standards for its utility tokens. This choice of blockchain foundation is instrumental in providing a secure and immutable ledger for transactions, which is a critical aspect of maintaining the integrity and security of the platform.
The use of cryptographic techniques is central to protecting the network and the transactions that occur within it. Cryptography helps in securing transactions and controlling the creation of new tokens, ensuring that VIC tokens are not only secure but also resistant to fraud and counterfeiting.
Furthermore, the project's commitment to security is also evident in its partnerships with security law experts. These collaborations are crucial in navigating the complex landscape of digital asset regulation, ensuring that Victory Impact Coin adheres to the highest standards of legal and security compliance. This approach not only fortifies the platform's security measures but also instills confidence among users and investors regarding the legitimacy and stability of Victory Impact.
It's important for potential investors to conduct their own research and consider the security features of Victory Impact Coin, among other factors, before making investment decisions. The integration of blockchain technology, adherence to cryptographic standards, and the strategic partnerships with legal experts collectively contribute to the security framework of Victory Impact Coin, aiming to safeguard the interests of its users and the integrity of the platform.
How will Victory Impact Coin be used?
Victory Impact Coin (VIC) is designed to serve as a pivotal element within an ecosystem that aims to redefine the landscape of shopping rewards and philanthropy through the use of blockchain technology. Utilizing the Ethereum blockchain, VIC operates as an ERC-20 utility token, which is integral to facilitating a variety of functions within the Victory Impact platform.
The primary utility of VIC tokens lies in their role as a reward mechanism. Consumers who make purchases through partner websites, including the platform's flagship offerings, VIC-Travel and VIC-Mart, can earn VIC tokens as rewards. This not only incentivizes shopping through the platform but also encourages the adoption and use of cryptocurrency in everyday transactions.
In addition to serving as a rewards mechanism, VIC tokens are also used to channel a portion of each transaction towards philanthropic efforts. This unique feature allows consumers to contribute to societal welfare simply by making purchases through the Victory Impact platform, aligning consumer spending with positive social impact.
VIC-Travel, set to launch in the third quarter of 2023, is a global travel booking site that promises significant savings on hotel accommodations and vehicle rentals for its users. On the other hand, VIC-Mart, which is scheduled for a launch by the first quarter of 2024, aims to become an expansive online marketplace offering discounts on a wide range of products, with plans to extend its reach to 200 countries and offer over 300 million different products.
The Victory Impact project was launched with a maximum supply of 500 million VIC tokens, with 400 million currently in circulation. This controlled supply, coupled with a one-year lock-in period for tokens owned by founders and partners, underscores the project's commitment to stability and long-term growth.
The founders of Victory Impact, Anthony Cadieux II and John Spinner, bring a wealth of experience from their backgrounds in successful startups, cryptocurrency innovations, and national charity initiatives. Their vision for Victory Impact is to leverage blockchain technology to enhance the efficiency of consumer rewards while simultaneously making a positive societal impact.
For those interested in acquiring VIC tokens, they are available on decentralized and centralized exchanges, including Uniswap and BitMart. This accessibility facilitates engagement with the Victory Impact ecosystem for a broad audience of potential investors and users.
As with any investment, especially in the volatile realm of cryptocurrencies, it's crucial to conduct thorough research and consider the inherent risks before making any financial commitments.
What key events have there been for Victory Impact Coin?
Victory Impact Coin has marked its presence in the cryptocurrency space with several noteworthy developments aimed at revolutionizing shopping rewards and philanthropy. The project, initiated in 2023, is built on the Ethereum blockchain and utilizes the VIC, an ERC-20 utility token, to fuel its ecosystem. This ecosystem is designed to merge e-commerce, travel rewards, and cryptocurrency, setting a new standard in the cashback rewards sector.
One of the key events for Victory Impact Coin was the release of their Litepaper, which provided detailed insights into their project's vision, goals, and the technical aspects of their platform. This document is crucial for investors and participants to understand the foundational structure and future plans of Victory Impact.
Another significant aspect of Victory Impact Coin is its focus on real-world utility. The platform has introduced two main utilities: VIC-Travel and VIC-Mart. VIC-Travel, set to launch in Q3 2023, aims to offer substantial savings on hotel accommodations and vehicle rentals. On the other hand, VIC-Mart, which is scheduled for a Q1 2024 launch, aspires to become an expansive online marketplace offering discounts on a wide range of products, with plans to extend its reach to 200 countries and offer over 300 million different products.
Furthermore, Victory Impact Coin has participated in events like the Sh*it Coin Conference, which has helped increase its visibility within the cryptocurrency community. Such participation not only showcases the project's active engagement with the community but also highlights its efforts to stand out in a crowded market.
The project has also seen recent partnerships and listings on exchanges such as Uniswap and BitMart, which have played a pivotal role in enhancing its accessibility and potential impact. These developments are crucial for the growth of Victory Impact Coin, as they provide liquidity and open up avenues for wider adoption.
In conclusion, Victory Impact Coin has embarked on a journey to integrate the commercial sector with societal welfare through its innovative platform. With a clear focus on real-world utility, strategic partnerships, and active community engagement, the project is carving out its niche in the cryptocurrency market. As always, potential investors should conduct their own research before making investment decisions.
The live Victory Impact Coin price today is $0.001702 USD with a 24-hour trading volume of not available. We update our VIC to USD price in real-time. Victory Impact Coin has no change in the last 24 hours. The current CoinMarketCap ranking is #9743, with a live market cap of not available. The circulating supply is not available and a max. supply of 500,000,000 VIC coins.
If you would like to know where to buy Victory Impact Coin at the current rate, the top cryptocurrency exchange for trading in Victory Impact Coin stock is currently Uniswap v2. You can find others listed on our crypto exchanges page.