Introducing

VITALCOIN

VitalCoin is an open source, peer-to-peer cryptocurrency built for online gaming industry. VitalCoin is developed based on a cutting edge blockchain technology that not only reduces transfer waiting time, but also allows for transparent transactions.

The global gaming industry is massive, with revenues reaching lofty heights of $400b USD in 2015. With the industry well established and projected to continue growing at a steady rate of 10% annually.

The segment that has been relatively underdeveloped till recently is the online gaming sector. Online gaming sector has undergone a 50% annual growth rate since 2010 and has nearly 6 million adults participating as of today. The online gaming sector is projected to outgrow traditional gaming and casino markets in the very near future.

goal

VITALCOIN

VitalCoin seeks to tackle the aforementioned issues with the adoption of blockchain infrastructure. Through blockchain technology, we can revolutionalise the online gaming industry by introducing a provable, fair and immutable record 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.

Large gaming conglomerates have long monopolised the gaming industry, resulting in unfavourable gaming conditions for online gamers of all gaming budgets.

The current online gaming model in place suffers from the same problems encountered by the traditional financial sector, where the centralisation of the ledger leads to inefficiencies of implementation, ranging from slow transactions, high transaction fees to even fraud and mismanagement of consumers’ money.

operation

Gain access to unlimited gaming platforms with a single token.

Switch freely between platforms as you please!

How It Works?

Flowchart diagram of coin transactions
  • 1

    Pre-mined VIT issued to network of VitalCoin partners, to be released via major listed cryptocurrency exchanges.

  • 2

    Gamers can purchase VIT on exchanges with major cryptocurrencies ( BTC, ETH, XRP, ETC )

  • 3

    VIT can then be exchanged on respective gaming platforms for gaming credits (chips, tokens, spins, etc)

  • 4

    Winning from various gaming platform will be paid out in the form of VIT, which can then be freely cashed out through exchanges.

  • 5

    All partners will only be paid via VIT, including gamers, operators, affiliates and investors.

  • 6

    New partners (white labels, traditional casinos, affiliates, etc) looking to join the VitalCoin network can also cover the franchise fees only with VIT, providing support levels for the price of VIT.

  • 7

    VIT investors can also look to investment returns, also in the form of VIT, via the staking consensus mechanism.

advantage

Why YOU Should Choose VitalCoin?

Initial Coin Offering coming soon!

Fast

Transfer to anyone, anywhere, anytime almost instantly.

Trustworthy

All your money and winnings are perfectly safe with VitalCoin.

Transparent

Every transaction is logged and shown on the blockchain. Every transaction will be immutable.

Secure

All transactions are validated by the very users of the coin through staking consensus mechanism.

Users

For 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.

1

For 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.

2

For 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 not 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.

3

vitalcoin [vit]

Max Supply: 100m

Consensus Mechanism: Proof-of-Stake

Coin Age: 10 days

Inflation

  • 1st 6 months: 60%
  • 2nd 6 months: 40%
  • 3rd 6 months: 30%
  • 4th 6 months and onwards: 20%

Introducing

VITALCOIN

VitalCoin is an open source, peer-to-peer cryptocurrency built for online gaming industry. VitalCoin is developed based on a cutting edge blockchain technology that not only reduces transfer waiting time, but also allows for transparent transactions.

The global gaming industry is massive, with revenues reaching lofty heights of $400b USD in 2015. With the industry well established and projected to continue growing at a steady rate of 10% annually.

The segment that has been relatively underdeveloped till recently is the online gaming sector. Online gaming sector has undergone a 50% annual growth rate since 2010 and has nearly 6 million adults participating as of today. The online gaming sector is projected to outgrow traditional gaming and casino markets in the very near future.

goal

VITALCOIN

VitalCoin seeks to tackle the aforementioned issues with the adoption of blockchain infrastructure. Through blockchain technology, we can revolutionalise the online gaming industry by introducing a provable, fair and immutable record 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.

Large gaming conglomerates have long monopolised the gaming industry, resulting in unfavourable gaming conditions for online gamers of all gaming budgets.

The current online gaming model in place suffers from the same problems encountered by the traditional financial sector, where the centralisation of the ledger leads to inefficiencies of implementation, ranging from slow transactions, high transaction fees to even fraud and mismanagement of consumers’ money.

operation

Gain access to unlimited gaming platforms with a single token.

Switch freely between platforms as you please!

How It Works?

Flowchart diagram of coin transactions
  • 1

    Pre-mined VIT issued to network of VitalCoin partners, to be released via major listed cryptocurrency exchanges.

  • 2

    Gamers can purchase VIT on exchanges with major cryptocurrencies ( BTC, ETH, XRP, ETC )

  • 3

    VIT can then be exchanged on respective gaming platforms for gaming credits (chips, tokens, spins, etc)

  • 4

    Winning from various gaming platform will be paid out in the form of VIT, which can then be freely cashed out through exchanges.

  • 5

    All partners will only be paid via VIT, including gamers, operators, affiliates and investors.

  • 6

    New partners (white labels, traditional casinos, affiliates, etc) looking to join the VitalCoin network can also cover the franchise fees only with VIT, providing support levels for the price of VIT.

  • 7

    VIT investors can also look to investment returns, also in the form of VIT, via the staking consensus mechanism.

advantage

Why YOU Should Choose VitalCoin?

Initial Coin Offering coming soon!

Fast

Transfer to anyone, anywhere, anytime almost instantly.

Trustworthy

All your money and winnings are perfectly safe with VitalCoin.

Transparent

Every transaction is logged and shown on the blockchain. Every transaction will be immutable.

Secure

All transactions are validated by the very users of the coin through staking consensus mechanism.

Users

For 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.

1

For 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.

2

For 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 not 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.

3

vitalcoin [vit]

Max Supply: 100m

Consensus Mechanism: Proof-of-Stake

Coin Age: 10 days

Inflation

  • 1st 6 months: 60%
  • 2nd 6 months: 40%
  • 3rd 6 months: 30%
  • 4th 6 months and onwards: 20%