“While most virtual platforms allow users to earn game credits, those credits cannot be redeemed for anything of value outside of that platform or game,” said John Burris, Chief Strategy Officer, IMVU. “VCOIN is a game changer enabling full and dynamic virtual economies where users can easily convert their earnings into fiat or transfer them off the platform.”
“The service economy is a huge part of the IMVU experience,” says Daren Tsui, CEO of IMVU. “For example, if two users want to host an event, they can hire a room decorator, photographer, stylist, and more to do their event. Historically, payment for those services was off-platform, which adds a layer of transaction friction and vulnerability.With VCOIN, users can instantly pay for such services on the platform and then easily convert those earnings into cash around the world.
VCOIN will be sold at 250 VCOIN for $ 1.00 or $ 0.004 per VCOIN. Users can buy, transact …
- According to this source IMVU sets a new standard for digital currencies with the launch of VCOIN
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