ViralCoin Platform Overview

Published on: 08.12.2021

The ViralCoin DAO community was built so that a token could facilitate transactions seamlessly among popular EVM compatible networks, allowing users to select their favorite network and interact.

ViralCoin intends to maintain relative price stability to ensure adopters can rely on the value of the token as a means of payment, whether such payment is today or in the near future. Global redistributions occur as a result of every transaction, meaning that any wallet holding tokens will receive an increase in their balance on a regular basis.

Why is Viral the Supreme Fairness Token?

  • ViralCoin invented the first ever Fair Balanced Launch (FBL). The FBL optimizes the liquidity pool on every buy from the ViralVault until all ViralCoin has been minted.
  • No tokens have been given in advance to anyone.
  • Gasless transactions are included in the ViralCoin smart contract so that any user can create individual Gas Station contracts to remove the requirement of an underlying token (ETH, MATIC, BSC, etc.) from being required to facilitate transactions.
  • No need for Liquidity Providers. After the ViralVault is closed, the size of the liquidity pool should provide minimal price fluctuation through the ViralSwap LP.
  • The first on-token, on-chain referral system was built to enable wallet holders the possibility of receiving ViralCoin with no purchase necessary.
  • Global holder redistributions were included to off-set gas costs on peer-to-peer transactions.
  • Reputable ViralTrustees are in the process of being evaluated and will be given control of the liquidity pool. This resolves a common concern with many other DeFi tokens
  • The ViralTeam Wallet does not receive any auto-redistributed tokens, nor does the liquidity pool. The success is the hands of the community.

The ViralVault creates ViralCoins on every purchase from ViralSwap to pair and add tokens to the liquidity pool. This is an effort to keep the price from exceeding $0.00001 until all Viral are minted. If the governance DAO approves votes on additional networks, such as Polkadot, Cardano, or xDai, tokens from the ViralVault will be created until the Total Maximum Supply across all available networks is reached.

ViralCoin is a Decentralized Autonomous Organization (DAO) that was built for the People, by the People. The ViralSwap Liquidity Pool will be controlled by ViralTrustees, and will keep the Viral Contracts safe.

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