Blockchain
Using dedicated smart contracts, the Ethereum blockchain will store the data on:
Total number of VICoin in circulation;
Balance of VICoin on player’s account and fund flows;
Purchase and ownership of digging units;
Conversion of Virts game bonuses into VICoin tokens.
Additionally, the smart contract will implement the functionality of settlements between owners of virtual companies and hired managers according to labor contracts
VIRTONOMIC$ CORE IDEA:
Virtonomics global multiuser business simulator creates its proprietary cryptocurrency, VICoin (VIC), V and an ecosystem for earning the cryptocurrency in an online economic game emulating the formation and development of an alternative global virtual economy. The cryptocurrency is gained during the game in a realistic business simulation where users build and expand their virtual companies, trade and compete with each other, and develop the business ecosystem in the virtual economic environment. The resources and tools for generation and digging of the “fuel” are special game entities purchased for VIC tokens (such as virtual mines extracting natural resources, virtual mining farms, virtual power plants etc). The volumes of “fuel” production for Virts cryptocurrency depend on the success and competitive position of a player’s virtual business, and on the quality and amount of mining assets owned by the user. The user can convert each 100 Virts earned in the economic simulator into one VICoin (VIC) and spin it off the game to the outer market.
A Virtonomics player can act in two ways depending on his ambitions, experience and investment capabilities.
As an investor, owner and CEO of a virtual company who can hire other Virtonomics players as managers;
As a hired manager running certain units (division director) or a functional manager supervising key business functions and processes (marketing, sales, production director). The employer pays for the employee’s work in cryptocurrency. Labor contracts and associated settlements are realized in the blockchain based on Ethereum smart contracts.
VICoin (VIC) cryptocurrency circulates freely, is listed on exchanges and has naturalization channels. The cryptocurrency can buy not only game entities and assets in the virtual economy but also outside real services and goods.
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