Viction (VIC) Overview: From TomoChain to a New Brand
Viction, formerly known as TomoChain, has also rebranded its native token from TOMO to VIC. It is an EVM-compatible Layer-1 blockchain platform designed to address the challenges of scalability, transaction speed, and high fees faced by current mainstream blockchain networks through its unique technical architecture. Viction's core vision is to provide an efficient, secure, and decentralized infrastructure for decentralized applications (DApps).
Technical Architecture and Core Functions
Viction employs a Proof-of-Stake Voting (PoSV) consensus mechanism, with 150 masternodes maintaining network operations. This mechanism aims to incentivize token holders to participate in network governance by voting for validators and earning corresponding staking rewards.
The Viction network is committed to delivering excellent performance, with its main technical features including:
- High Throughput and Fast Confirmation: Viction currently achieves approximately 1000 TPS (transactions per second), with a block time of 2-4 seconds and transaction confirmation time of about 10 seconds. The team has stated that by introducing sharding technology, throughput is expected to increase to 20,000-30,000 TPS in the future.
- EVM Compatibility: As an EVM-compatible chain, Viction supports the seamless migration of Ethereum smart contracts and DApps, lowering the barrier for developers.
- PoSV Consensus Mechanism: Ensures network decentralization and security, while supporting token holders' participation in masternode elections and staking governance through DApps like TomoMaster.
- TomoX Protocol: A decentralized exchange protocol that allows users to quickly launch trustless DEXs.
- TomoBridge: Designed to facilitate cross-chain circulation of Ethereum ERC20 tokens within the Viction ecosystem, enhancing asset interoperability.
- TRC-21 Token Standard: Viction's unique token standard, allowing users to pay transaction fees directly with the token itself, rather than being limited to the native token.
- Privacy Protocol (TomoP): Although still under development as of November 2020, TomoP aims to provide enhanced privacy features for the Viction network.
Development History and Brand Rebranding
The TomoChain mainnet officially launched in December 2018, marking the initial establishment of its blockchain infrastructure. With continuous project evolution and strategic adjustments, TomoChain recently underwent a brand rebranding, changing its name to Viction, and its native token from TOMO to VIC. This move is typically aimed at better reflecting the project's new vision and development direction.
Team Background and Strategic Partnerships
Viction's core team comprises experienced blockchain professionals. CEO Long Vuong was a co-founder of the NEM blockchain. CTO Son Nguyen is the founder of Koor.IO, and CFO Le Ho is a CFA charterholder. The team is considered to have first-class product development capabilities in the crypto space.
In terms of strategic partnerships, Viction received a strategic investment from Coin98 in May 2023. This collaboration aims to drive Viction's infrastructure development and the mass adoption of Web3. As part of the partnership, Coin98 has integrated as Viction's official wallet and is leveraging Viction's strengths to expand its user base.
Market Performance and Investment Considerations
The cryptocurrency market is highly volatile, and any investment decision should be based on thorough research and risk assessment. Viction, as a Layer-1 blockchain designed to solve scalability issues, has its technical characteristics and ecosystem development as important factors in evaluating its potential.
According to historical data, the TOMO token reached an all-time high of approximately $3.91 on September 6, 2021. The all-time low was recorded at approximately $0.0043 on September 14, 2026. Regarding the current specific price and market capitalization of Viction (VIC), public data shows significant discrepancies. For example, some data indicates a current price of approximately $0.0045, while other data shows around $1.4, with market capitalization ranging from hundreds of thousands to hundreds of millions of dollars. Such discrepancies may arise from different statistical methodologies of data sources, data update frequencies, or the assets referred to (e.g., there might be derivatives like Wrapped TOMO). Investors should carefully verify information when obtaining it.
Viction's maximum token supply is 210,000,000 VIC. The project raised $9.3 million through private and public token sales between 2017 and 2018.
Viction's strengths lie in its high transaction speed, low fees, and support for DApp development. However, the cryptocurrency market is highly competitive, and project development faces multiple risks, including technical, market, and regulatory challenges. Before considering participation, investors should fully understand its technical principles, application scenarios, team background, and market risks, and closely monitor its development dynamics after the rebranding.
Trading Channels
Viction (VIC) can be traded on platforms that support the token. Given the rapid changes in the cryptocurrency market, investors should verify the latest trading channels and liquidity conditions themselves.
