$ViCA — A Virtual Asset That is not Affected by Inflation.

Intoduction

3 min readDec 22, 2021

After the last few years, crypto has experienced a bear market and the level of confidence in the industry has drastically decreased, due to the many problems of fraud, hacks, and government rejection. But 2020 became a turning point for the development of crypto, many people began to believe and find out what cryptocurrency and blockchain are. Financial Technology has experienced many revolutions in recent past. Just about two decades ago, Internet Banking was Automated Teller machine dispensing were the in thing. Today, Blockchain technology, Decentralized finance and Non Fungible tokens are now reshaping the way we generate and interact with finance. Where transactions remained confidential to the financial institution in question, they can now be made public, through a distributed ledger blockchain. Where third party intermediaries were required to facilitate transactions and execute them for two or more parties involved, individuals can now connect to their Blockchain wallets in a decentralized way, and carry out their transactions while remaining anonymous. Now, Non Fungible Tokens (NFTs) can now be created, uploaded and sold for real cash! NFTs are applicable in many entertainment and industrial fields. These fields cuts across but are not limited to Arts, Gaming, Sports, Music, Virtual assets, the tokenization of real time assets and many more. With NFT, individuals, sportsmen and women, Celebrities and sculptural artists can now store, control and protect the information associated to their identity and property. Again, NFT also delivers a cross-border clearing and settlement platform, equipping non-fungible digital assets to be mapped to the exchange chain. I recall reading an article of two little brothers that generated up to $35,000 in the sales of their NFT artworks signaling that a new era of financing has arrived.

Innovative projects are consistently emerging in the crypto industry with high return investments and continuous trends, such projects like The ViCA Foundation is one of the projects that will attract large market investments. So, don’t waste this golden opportunity.

$VICA Platform Review

The VICA is the native currency of the VICA Platform, a blockchain initiative aimed at growing the Asian economy. ViCA is a virtual asset that does not take inflation into account. ViCA’s approach is built on the “Noflation” concept, which is a technique of securing profits for all stakeholders without devaluation in the coming years.

ViBOT, an arbitrage trading system from NROOTM Korea, is used by the ViCA Foundation to automate virtual asset trading. The ViBOT revenue is used to burn the issued ViCA tokens (Buy-back and burn). We repurchase tokens with 40% of the foundation’s operating revenue, contributing to the interests of ViCA holders. The remaining funds are re-invested in the automated trading system’s assets, resulting in increased returns due to compound interest.

$VICA enables cross-blockchain transfers of any type of data or asset, not just tokens. Connecting to $VICA gives you the ability to interoperate with a wide variety of blockchains in the $VICA network.