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About Viction
What Is Viction
Definition of Viction
Viction is a layer-1 blockchain platform designed for scalable, secure, and user-centric decentralized applications. Viction, formerly known as TomoChain, originated in 2017 as a high-performance blockchain solution. Founded by Long Vuong and a team of blockchain experts, it rebranded to Viction in 2023 to emphasize community-driven innovation. The core concept revolves around creating an accessible ecosystem that bridges Web2 and Web3, focusing on real-world adoption through fast transactions and low fees. Its ecosystem includes tools for developers, DeFi protocols, and NFT marketplaces, supported by a growing network of partners and users.How Does Viction Work
Operational Mechanisms
Viction operates on a proof-of-stake authority (PoSA) consensus mechanism, blending elements of proof-of-stake and proof-of-authority for efficiency. This hybrid model ensures high throughput, with up to 2,000 transactions per second, while maintaining security. It uses smart contracts compatible with the Ethereum Virtual Machine (EVM), allowing seamless integration with Ethereum tools. Private keys secure user wallets for signing transactions, while public keys verify them. The blockchain's architecture includes masternodes run by validators, who stake VIC tokens to participate and earn rewards, promoting decentralization and network stability.How Is New Viction Created
Issuance and Creation Methods
New VIC tokens are created through staking and block rewards in Viction's PoSA system. Validators stake VIC to become masternodes, earning rewards for securing the network. The total supply is capped at 100 million VIC, with an initial distribution including allocations for team, ecosystem, and reserves. There's no ongoing inflation; rewards come from transaction fees and a fixed emission schedule that decreases over time. Stakers can delegate tokens to masternodes for passive rewards, encouraging participation without mining hardware. This model promotes sustainability and long-term value.The Use Cases of Viction
Application Scenarios
Viction supports diverse applications, from DeFi to NFTs, leveraging its fast and cost-effective network. In payments, VIC enables quick cross-border transfers with low fees. As a store of value, it offers stability through staking yields. DeFi users build lending protocols and yield farms on its EVM-compatible chain. Smart contracts power automated agreements, while NFTs thrive on platforms like Viction's marketplaces. Governance allows token holders to vote on proposals, fostering community-driven decisions. These use cases position Viction as a versatile blockchain for everyday crypto needs.Buy, Send, or Store Viction
Purchasing and Storage Options
To buy VIC, use trusted exchanges like WEEX, which offers secure trading with competitive rates. Register on WEEX Exchange to earn a free 20 USDT bonus, making it a reliable platform for beginners and experienced traders alike. For sending, use compatible wallets to transfer VIC via its blockchain address. Store securely in hot wallets for quick access or cold wallets like hardware devices for enhanced protection against hacks. Always enable two-factor authentication and back up private keys. https://www.weex.com/how-to-buyPros & Cons / Risks
Advantages
- High scalability with fast transaction speeds. - Low fees, making it user-friendly for daily use. - Strong security through PoSA consensus. - EVM compatibility for easy developer adoption.Risks and Disadvantages
- Price volatility common in crypto markets. - Regulatory uncertainties could impact adoption. - Technical risks like network bugs or attacks. - Dependence on validator centralization if staking is uneven.Comparison
Key Differences with Alternatives
Compared to Ethereum, Viction offers faster speeds and lower costs but has a smaller ecosystem. Versus Bitcoin, it provides smart contract functionality beyond simple value storage, positioning it as a more versatile layer-1 chain for DeFi and apps.Conclusion / Next Steps
Viction shows strong potential for growth in scalable blockchain solutions, with upcoming upgrades enhancing interoperability. Explore its whitepaper or roadmap for deeper insights. Join the community on social platforms to stay updated, and consider staking to participate actively. Check out WEEX for trading opportunities—sign up today to get started.Market & Ecosystem
Market Cap & Trading Volume
As of 2025-09-11, Viction's market cap stands at approximately $150 million, with a 24-hour trading volume of $5 million.Exchanges Where It’s Listed
Viction is listed on platforms including WEEX Exchange, known for its secure and user-friendly interface.Community Size & Activity
The community boasts over 50,000 Twitter followers, active Reddit discussions with 10,000 members, and a Telegram group exceeding 20,000 users, driving regular engagement.Ecosystem Growth
Partnerships with DeFi projects and rising developer activity indicate robust growth, with new dApps launching quarterly.Official links
Website
Whitepaper
GitHubSocial media and community
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Bloomberg: As Bitcoin Weakens, Stablecoins and RWA Continue to Drive Expansion in Crypto Businesses
In June, Bloomberg reported that despite Bitcoin falling below $60,000 last week, wiping out about $235 billion in market value within seven days, and dropping close to 50% from last year’s peak, some core businesses in the crypto industry are still expanding, mainly in stablecoins, real-world asset tokenization (RWA), payments, and infrastructure. The report also noted that overall altcoin activity has contracted significantly: altcoin market capitalization has fallen from a peak of about $431 billion in November 2021 to around $170 billion, and among the tens of millions of tokens issued in recent years, fewer than 1,700 still maintain meaningful trading activity.
Galaxy Deep Research Report: How Hyperliquid's HIP-4 Upgrade Changes the Landscape of Prediction Markets?
The platform that wins this competition will be the one whose execution layer is the hardest to replicate, whose builder ecosystem delivers the fastest, and whose regulatory path is the most open.
Binance Research: RWA Market Expected to Expand Nearly 6x from Early 2025, with Public Equities and Onchain Payments Heating Up Together
In June, Binance Research said in its monthly market report that the real-world asset (RWA) market is expected to grow by about 589% from the beginning of 2025. Bond- and money market fund-related RWA expanded by about $6.5 billion, up 83% year over year, while publicly traded equity RWAs grew by about 422%. The report also noted that monthly crypto debit card transaction volume exceeded $747 million in May, up 48.6% year to date.
Japan to Assess a Framework for Yen Stablecoins and Crypto ETFs as Asia’s Compliant Payments Narrative Heats Up
Recently, according to the original report, Japan is considering the launch of yen stablecoins and cryptocurrency ETFs. Public information remains limited at this stage, and there is still no complete policy text, regulatory draft, or clear implementation timeline, so this is better characterized as a “policy discussion” rather than formal implementation. The original wording also noted that advancing stablecoin regulation in Asia is driving XRP usage and supporting growth in the XRPL ecosystem. However, based on currently available public information, there is not enough evidence to directly establish a clear causal relationship between this round of discussion in Japan and XRP or XRPL.
ZachXBT: Humanity private key leak and abnormal surge in H token should be viewed separately
On June 9, according to related disclosures, on-chain investigator ZachXBT posted an update on Humanity’s roughly $31 million security incident, saying that after further analyzing fund flows, he currently tends to believe the project team was not involved in an “inside job” or a self-staged attack. According to him, the official explanation about the private key leak was broadly accurate, but before the token unlock, the price of H had been artificially pushed higher, and the hacker later took advantage of that market environment; therefore, the private key leak and the earlier abnormal price pumping should be regarded as two separate and independent events. This reframing has shifted the market’s understanding of the nature of the incident. Earlier discussion around Humanity had focused on whether the team directly participated in the attack or used the security incident to cover up internal operations. ZachXBT’s latest remarks shift the focus from “whether it was self-theft” to “whether there were pre-unlock market structure issues.” He also questioned whether the team may have.
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Overview of Important Market Events on June 9th
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