The platform's in-game cryptocurrency is called VRJAM coin. The token is a tool for value distribution within the platform's virtual world and was created and is powered by Polygon.
Artists automatically get a free allocation of the VRJAM coin when they join the creative guild.
the in-world economy on the VRJAM platform once it goes live, VRJAM Coin will be listed on a number of the top cryptocurrency exchanges in the globe. After that, it will be put to use to aid in trade and value exchange inside VRJAM's virtual environment, offering new ways for content creators and businesses to monetize their creations and live events.
Website: |
Visit |
Total Coin |
1,000,000,000.00 |
Total Quantity : |
147,000,000.00 |
Project: |
Ethereum |
Project Type: |
IDO |
Soft Cap : |
TBA |
Hard Cap : |
TBA |
Personal Cap : |
TBA |
The terms initial coin offering (ICO) and initial dex offering (IDO) are somewhat similar to an initial public offering (IPO) on the stock market. An ICO is a method of raising funds for the development of new blockchain apps, cryptocurrencies, or financial services. Both are methods of crowdfunding in which investors may buy tokens generated by the company. The only difference between them is that in an ICO, tokens are sold before exchange listing, and tokens in an IDO are immediately listed on the DEX (Decentralized Exchange) via which they are launched.
ICO and IDO are the same and different in many aspects. In both of these token issuers, don't pay direct fees to middlemen. And this is what is in keeping with Bitcoin and other altcoins peer to peer culture. However many IDO launchpads are changing due to their growing popularity and usage growth.
IDO is beneficial in many ways. It offers transparent and equal fundraising, fast trading practices and instant liquidity.
An ICO model helps in providing sufficient liquidity, it allows minimal paperwork and also guarantees high returns on investments.
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