ViralCoin - A First Ever "Fair Balanced Launch" DeFi token on multiple networks
Blockchain technology at present is developing at a very rapid pace. In the one decade, this technology has seen a major shoot-up in its growth and development. We are seeing that now new cryptocurrencies and tokens are getting launched on different networks very frequently.
DeFi Token is just like the digital version of a fiat coin which means that it would be transferring the value in the course of the financial transaction.
Recently ViralCoin successfully launched with unique advanced features that will contribute to changing the scope of fair launches forever. ViralCoin is given a unique definition of the Fair Balanced Launch.
As per this, the price of this token will remain consistent while minting new coins until and unless the maximum number of total supply has been realized on all networks where it is launched.
For this purpose, ViralCoin has created the ViralVault through which the liquidity pool will be balanced each time whenever the ViralCoin gets minted. With this concept and feature of rebalancing the liquidity pool, it will help in keeping the maximum price of the token stable till the time total supply of ViralCoin gets minted.
This new coin is also unique in itself as they have added some more aspects and dimensions to the definition of Fair Launch by not pre-allocating a single token to the early adopter, founders or developers. It has been done to show some innovativeness, fair launching and transparency in the whole process.
It would not be an exaggeration if we refer ViralCoin as an Innovation in Cryptocurrency. This new coin is based upon an on-chain on-token referral system which is the first ever of its kind. Due to this, the enthusiasts would be able to become the community of ViralCoin without purchasing the token. For this, it has been made mandatory that 1% of the purchase of ViralCoin will be transferred to the referring wallet address of the receiver.
Also, there is the provision of additional tokenomics that includes a 3% redistribution fee to all the holders of pro-rata that does not include the team wallet. During the launching of ViralCoin, it has been focused that an auto-LP function is unnecessary, hence ViralCoin will be sustained only through the Fair Balanced Launch.
ViralCoin is being paired with UDS Coin(USDC) in the liquidity pool. This has been done so that ViralCoin can sustain even in the unfavourable conditions of the crypto market. Due to this, the growth and enhanced popularity of ViralCoin have been ensured.
The future of ViralCoin is bright as it has created a decentralized autonomous organization for the mass adoption and deployment of blockchain technology. There is a certain upcoming proposal for ViralCoin that includes developing a subscription-based smart contract wallet.
It is also being proposed that this new token will be integrated with the major e-commerce partners to enhance its popularity and user base. This token has the potential of becoming a lifestyle token in near future. You can visit the website to know more about ViralCoin and can learn the tactics of how to smoothly participate on different networks such as Binance, Ethereum etc.