VCORE Token Litepaper
What is VCORE?
VCORE is a new metaverse token that rewards the community for their engagement and ultimately empowers millions of users worldwide to shape the future of the metaverse. Holders will be able to play, create, earn, and experience true ownership and rewards of digital assets.
The VCORE Token will initially be deeply integrated in the IMVU metaverse experience and economy that already averages more than 700,000 daily active users, more than 200,000 active creators/earners and over 350 Million registered users to date. On-platform development and holder rewards are our first priority. We will also be integrating VCORE into the economy of the metaverse - activating NFT minting and purchasing with VCORE. This token, designed for the metaverse, will change the economy, game/social play and the governance of virtual worlds - starting with the IMVU metaverse.
VCORE will first launch on the IMVU metaverse, a top-grossing social metaverse with a deeply integrated NFT Marketplace of direct-to-avatar NFTs and in-game capabilities. IMVU today averages over 700,000 daily active users; 200,000 active creators and earners; and has over 1 Million native crypto wallets on-platform.
Our Vision
We envision the Metaverse as a series of interconnected virtual worlds and experiences where the community seamlessly flows between digital and real life. VCORE is the token that will underpin the metaverse economy and enables the community to build, create, shape, and share in the success of that vision.
How We Succeed
At the epicenter of this vision are the more than 200,000 active creators and service providers in the IMVU community. VCORE will start by empowering this community to mint, sell, build, and own digital assets that have real value and create a path to sharing in the success of the metaverse.
- Comprehensive Economy: The foundation of the IMVU metaverse is a high velocity user-created economy of digital goods, services, and NFTs that will be deeply integrated with VCORE.
- Strong Voice: VCORE will empower the community to build and shape the experiences they’d like to have in the metaverse through proposals and transparent governance.
- True Ownership: VCORE will allow the creation, purchase, and reselling of digital assets, starting first with NFTs that are owned by users within the IMVU metaverse.
- Sharing in the Success: VCORE will be used to focus on giving back to those that build, participate, and actively shape the future of the metaverse.
The VCORE Token
VCORE is an ERC-20 token with a maximum supply of 8,000,000,000 tokens, minted at once, and is expected to realize a full release schedule over a period of five years. The VCORE token will not be available for purchase or use to residents in the United States or Canada.
The vast majority of VCORE will be used to grow the VCORE community and ecosystem with a focus on rewarding creators and earners, partnership development, and community events (ie: rewards, giveaways, etc).
As we grow our ecosystem with new products and services, VCORE will continue to bring benefits and enhanced utility to its holders.
*The information shown is provided for your information only and does not constitute investment advice. VCORE Tokens are functional utility tokens designed by Together Labs and MetaJuice for the metaverse economy. Residents in the United States of Canada will not be eligible to participate in the purchase, sale, or use of VCORE Tokens through any offering or on-platform activities. VCORE Tokens are not shares, bonds, units in a collective investment scheme, securities, or other instruments commonly known as securities at any time.
Roadmap
The roadmap below illustrates the vision of how VCORE will be built out. The associated timeline may change and assumes no major roadblocks to development or changes due to other external factors. We recognize that this roadmap may evolve based on market conditions, success, or challenges encountered in the upcoming milestones. Where possible, significant changes will be promptly shared with the community in the VCORE by MetaJuice Discord server. Join to stay up to date!
H2 2021
- VCORE Launch & Announcement ✔️
- IMX Product Partnerships & Events: IMX and NFTs ✔️
- VCORE Presale #1 ✔️
H1 2022
- VCORE 8 Billion Tokens Minted ✔️
- 750k Crypto Wallets on IMVU ✔️
H2 2022
- VCORE Presale #2 & Listing Partner ✔️
- NFT Items + NFT Marketplace Live on IMVU ✔️
- NFT Marketplace Milestones, Ranked Top-3 on Dapraddar ✔️
- VCORE Community Launch, 10k+ Members ✔️
- VCORE Feature Release 0.5 ✔️
- 1M+ Wallets on IMVU Milestone ✔️
H1 2023
- VCORE Product Development Releases: Rewards, NFTs, and more
- VCORE Website Relaunch ✔️
- Whitepaper Released
- VCORE Token Launchpad Sale
H2 2023+
- VCORE Product Development Releases: NFT integrations
- VCORE Community & Economy Product Development
- VCORE Voting and Governance
*VCORE Tokens will not be available for public sale to United States or Canadian residents due to legal regulations in these regions.
Leadership Team
The leadership team behind VCORE consists of the MetaJuice and Together Labs teams with deep backgrounds in the blockchain, gaming, crypto and metaverse space. MetaJuice is the blockchain subsidiary of Together Labs and sister company of the IMVU metaverse. IMVU is the world’s largest web3 social metaverse with over 350 Million registered users. Together Labs was named one of TIMES 100 Most Influential Companies in 2022 for its work in building an open metaverse and in launching sustainable crypto products like VCOIN.
John Burris - President, MetaJuice, Linkedin
Somnath Banerjee - VP of Technology, MetaJuice, Linkedin
Chris Jones - Head of Business Development, MetaJuice, Linkedin
Nischal Bethlangady - Senior Director of Crypto Product, MetaJuice, Linkedin
Brendon Lindsey - Director of Marketing, MetaJuice, Linkedin
Darren Tsui - CEO, Together Labs, Linkedin
Harman Singh - CFO, Together Labs, Linkedin
Lauren Bigelow - CPO, Together Labs, LinkedIn
Maura Welch - VP of Marketing, Together Labs, Linkedin
Jed Ritchey - General Counsel, Together Labs, LinkedIn
Backed by Market Leaders
VCORE is a metaverse token built by the top leaders and producers in the metaverse. VCORE is working alongside the following partners and investors in the blockchain, cryptocurrency, metaverse, and gaming industries as we develop and grow VCORE for the metaverse community. The VCORE team looks forward to collaborating with them and future partners as we develop and grow widespread adoption of VCORE.
Join the VCORE and MetaJuice community for the latest updates on the VCORE token offering, partnerships, product developments, blockchain rewards, releases and more!
Disclaimer
VCORE is not available to persons resident or present in the United States or Canada. MetaJuice intends to treat VCORE as a security for purposes of United States law for the foreseeable future and, as a result, VCORE, which has not been registered under the Securities Act of 1933, as amended, may not be offered or sold in the United States or to U.S. Persons (as such term is defined in Rule 902 of as promulgated by the U.S. Securities and Exchange Commission) unless such tokens are registered under such Act or an exemption from the registration requirements of such act is available. The purchase and use of VCORE is subject to the Terms of Use.
Certain information in this Litepaper may contain “forward-looking information” under applicable securities laws (collectively referred to herein as forward-looking statements). Such information could include, but is not limited to, the (i) the expected development of VCORE-related business, projects, and joint ventures; (ii) execution of MetaJuice’s vision and growth strategy for VCORE and related projects; (iii) completion of VCORE-related projects that are currently underway, in development or otherwise under consideration; and (vii) future liquidity. Forward-looking statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements.
Although forward-looking statements contained in this Litepaper are based upon what management of MetaJuice believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. MetaJuice undertakes no obligation to update forward-looking statements if circumstances or management’s estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements