What is the $VR token?
The $VR token is the main currency of the Victoria VR metaverse. It will allow users to purchase land and in-game assets such as resources, skins and wearables, open up involvement in the DAO, and facilitate further mechanics such as staking, transport and lending.
50% of the revenue generated through in-game asset sales will be sent to a rewards pool that benefits active users and stakers, helping to incentivise players to return.
$VR is already live, having been issued via KuCoin’s launchpad, and saw over $100M in trading volume on its first day, appreciating by 212x in its first month.
The token is also set to be used in other projects developed under the Victoria VR brand, to be revealed at a later date.
This news is republished from another source.
