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The ViCA Foundation, a blockchain-based ecosystem, has announced its ViBot trading solution which is designed to address pain points in the world of crypto arbitrage trading. Developed over a 3-year period with $2.3 invested in its creation, the ViBot was formally launched in May 2021.
Since then, it has become a favorite of the industry and it has also taken care to address all the needs and issues facing crypto arbitrage traders.
First, the ViBot tool can navigate between major exchanges like Binance and Upbit, giving its users access to some of the biggest liquidity pools in the industry and uses Ethereum, KRW, and Tether USDT to complete trades.
ViCA, a South Korean arbitrage platform has announced a new partnership with Octoverse, an NFT-foucsed gaming platform. This new partnership will see ViCA assist Octoverse with the launch of its incoming metaverse and play-to-earn (P2E) ecosystem. Given that ViCA is known for both its arbitrage services and its innovative pricing mechanism, this partnership could be very beneficial for both parties.
This partnership will also mark the launch of many of Octoverse’s new projects, which will begin with its kart racing game. True to its roots, the game will leverage NFTs heavily, giving the most tech-forward experience to its players.
According to a report by Emergen Research, the Web 3 market hit $3.2 billion in 2021 and is projected to hit a whopping $81.5 billion by 2030. The growing potential of the Web 3 market has attracted the attention of VCs in the blockchain space. A report by Cointelegraph revealed that Web led the VC funding in blockchain in the Q2 of 2022.
As a new frontier in the blockchain space, Web 3 funding and strategic partnerships have played a crucial role in driving the market. Without the finance and right alliances, many of the Web 3 projects we hear about today wouldn't have made it.
As most of us know, the crypto market is currently in a downturn. Many of the major tokens have seen their per-token value decrease and many analysts predict that this slump will last for a while.
Just like with previous market dips, there are many people who are predicting this to be the end of the industry and the projects within it. But these 6 projects prove them wrong. Not only are they staying afloat in the bear market but many of them are actually thriving.
The ViCA Foundation, a blockchain-based ecosystem, has announced its ViBot trading solution which is designed to address pain points in the world of crypto arbitrage trading. Developed over a 3-year period with $2.3 invested in its creation, the ViBot was formally launched in May 2021.
Since then, it has become a favorite of the industry and it has also taken care to address all the needs and issues facing crypto arbitrage traders.
First, the ViBot tool can navigate between major exchanges like Binance and Upbit, giving its users access to some of the biggest liquidity pools in the industry and uses Ethereum, KRW, and Tether USDT to complete trades.
ViCA Token has realized an innovative virtual currency ecosystem. ViCA creates a verifiable trust system that moves toward transparent disclosure and completion of microfinance architectures Learn more
Introducing ViCA's history and future road map.
ViBOT is currently operating on two exchanges to conduct arbitrage trading i.e. Upbit, the South Korean cryptocurrency exchange, and Binance the global crypto exchange.
When ETH price rises on exchange 1, 1 ETH is sold and the same is bought on exchange 2, completing a trade cycle and earning profit from the price difference.
After the execution of one buy order and one sell order, a cycle is completed and profit is generated (ranging between 1-4%). In some cases, when the market is highly volatile or there are huge discrepancies in the prices of virtual assets between the two exchanges, this profit percentage can also reach 10% or even more.
Number of Customers
352
Total Operating Assets
1,102,547.18
Revenue Reporting
5,800.02
+0.5415%Compared to last week
ViCA Token has realized an innovative virtual currency ecosystem. ViCA creates a verifiable trust system that moves toward transparent
The ViCA platform operates on an automatic dealing in virtual assets using ViBOT, an arbitrage trading solution from NROOTM Korea. ViBOT generated revenue is partially used for the expansion of ViCA ecosystem to support ViCA token and for the development of exclusive ViCA NFTs and Metaverse. The remaining revenue is redeployed back to the automated trading system ViBOT, continuously increasing the underlying assets.
2022-09-29
The cryptocurrency market offers immense gains for the ones who are good at trading and understand the charts effectively but can be a risky space for newbies and those who can’t comprehend the basics of trading. However, with the passing time and increasing applications of blockchain, many new Defi platforms are being developed that offer plenty of other opportunities for earning passive income that doesn't involve trading. Investors can simply stake their assets or participate in liquidate pools to earn incentives and rewards.
2022-09-27
ViCA Smart Contract passed Solidity's rigorous security audit with success. All smart contracts withstood intense scrutiny and passed Solidity's comprehensive assessment.
View full Security Audit