Premium Only Content
V-Token Setup Using MetaMask
Important!!!!
You Must Register 1st
Video Shows How.
V Token - Credits (VVV)
http://vtoken.info/
V is a token that is designed to incentivize viral adoption, thru the use of clever tokenomics.
Contract Address.
0xD0A69fd9DA28840603FBD76A8a0bCCF0aDb979E8
https://etherscan.io/address/0xd0a69fd9da28840603fbd76a8a0bccf0adb979e8
Instructions.
1. To register Send 0.01 *(Currently)* Eth to the above contract. (From a wallet you Control!!!)
a. MetaMask
b. Trezor
c. Ledger
2. MetaMask -- Assets -- Import Tokens -- Custom -- Paste In contract Address.
3. Tell your friends.
Tokenomics
The coin supply is based on Metcalfe's law where the value of a network is the square of the users. In
this case, that value is minted and immediately distributed to the users as the number of coins is the
square of the users(X^2). When there are 100 users there will be 100*100=10,000 total coins. When
there are 1000 users there will be 1000*1000=1,000,000 coins.
Pareto Principle VVV^e
The distribution of coins is based on the % of area under the curve of 1/x (the natural log). Each time
a new user registers all balances will automatically update. This works out that 80% of the coins are
awarded to 20% of the users. When there are 100 users 20 will control 80% of the coins. When there
are 100,000 Users 20,000 users will have received 80% of the coins. The natural log scales this
distribution. There is no founder treasury or origin address, Even Rank 1 plays by the same rules as
everyone else. Over time Rank 1 will fall to near 10% of the total allocation.
UserAwardAllocation%=(ln(RankID) - ln(RankID - 1))/ ln(TotalUsers) + 1
Automatic Compounding (Number Go Up!)
When a user joins, they mint their award and automatically compound everyone else’s awards the
balance calculation algorithm in the contract is dynamic and does not require gas to read/update. This
is extremely resource efficient. Considering the cost of gas to do each balance adjustment as a
transaction would be expensive and or impossible after a few dozen users. As one transaction from a
new user registering can update thousands or millions of other accounts.
Incentives - In almost all cases being early to a project or token is the defining factor.
There is a massive incentive to join and find new users, as the Tokenomics are slanted to award
earlier participants and all participants are awarded for each new user. The faster a user registers the
higher rank and larger % of the distribution they will get.
Each new user will get the largest initial award but less total than prior participants. Each additional
user/award is computed in the same way.
Entertainment Value & Gamification
When a user onboards another user they immediately see their balance go up and the person they
introduced to the token also gets to see their signup award immediately, while increasing everyone
else’s balance all at the same time. Once a user signs up they lock in their rank and can watch their
balance grow. Checking your balance and watching it grow is fun. By Registering a user can mint
credits for themselves and everyone else. A single new user has a large impact overall.
Inflation & Entry Fee
The awards to incentivize new users to register is inflationary and dilutive to all participants. But the
Entry fee can be adjusted to ultimately limit the overall amount of inflation. Inflation is not actually a
problem if you have a commensurate increase in users. Unlike nearly every other Crypto Currency V
might actually circulate as the users are always receiving more.
Unit Of Account
Over time the number of signups will likely be stable and predictable relative to the entry fee. If this is
the case ultimately the token could compete with stable coins as one half (Credit) of the transaction is
free. Users only need to pay to spend (Debit).
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