Virtonomics ICO

Virtonomics is a fundamentally new paradigm and platform for creation of a mainstream cryptocurrency VICoin, based on the alternative virtual economy development.

• Trust project, 10-years-plus on the market
• Most renowned MMO business simulator globally
• Over 2 000 000 registered users
• Audience is gamers, managers, entrepreneurs, university students
• Top notches on Google Search
• Available in multiple languages

Tall financial, technological and intellectual hurdles of mining as a means of earning cryptocurrency on the mass market

1. Mining as the main means of income is not optimal for the average user
2. Mining involves huge investment and overhead expenses
3. "Domestic" mining farms are no rivals for industrial operators
4. The margin in mining is decreasing

For cryptocurrencies to become a truly massive phenomenon, it is initial to provide a much clearer and more familiar way of its generation (production) in addition to industrial mining as itself.

Virtonomics divides the platform for cryptocurrency creation into two processes:

1. Mining of blocks, left for professionals providing the technological basis of the cryptocurrency
2. Digging as the activity which is meaningful and comprehensible for the general user, while delivering the value of and demand for the cryptocurrency

CRYPTOCURRENCY = BLOCK MINING + RESULTS OF PURPOSEFUL HUMAN ACTIVITIES, UNDERSTOOD BY AND COMMON TO A LARGE NUMBER OF PEOPLE 

• The total number of people with even superfluous knowledge of blockchain technologies, mining, cryptocurrencies and their mode of operation accounts for no more than 0,01%
• The bulk of people with understanding of business, entepreneurship and management counts at 20% (2000 times as much)
• No need to be a miner to earn cryptocurrency
• Investment in digging start at USD 50 (by an order of a magnitude less than mining expenditures)
• Zero overhead costs
• Low transaction costs

Using dedicated smart contracts, the Ethereum blockchain will store the data on:

• Total number of VICoin in circulation;
• Balance of VICoin on player’s account and fund flows;
• Purchase and ownership of digging units;
• Conversion of Virts game bonuses into VICoin tokens.

Additionally, the smart contract will implement the functionality of settlements between owners of virtual companies and hired managers according to labor contracts

1. You are the person who decides on the management of your virtual company and digging units
2. Hiring staff for high-performance management and scalability of virtual companies earning VICoin.