TOKEN
SUMMARY
VRS is the only native token of the VRNexus platform and is built on the BSC network. It is used to facilitate a wide and diverse range of trade and value exchange use cases such as ticket sales and advertising in the VRNexus virtual world.
The VRS token will be launched through Gate and MEXC, two of the world’s leading exchanges.
The total number of VRS tokens initial supply is 1 billion(According to the ecological construction, additional tokens can be issued at any time)
Token distribution:
40% - Initial team and founders
To support the launch and development of the project, 40% of VRS tokens will be allocated to the initial team and founders. This will assist in the operation, development and promotion of the project.
35% - Ecosystem Development
35% of VRS tokens will be used for the development and promotion of the ecosystem. This includes developer incentive programs, partnership building, community support, and more to ensure the healthy growth of the VRS ecosystem.
15% - Community Rewards
To encourage and reward active community participation, 15% of VRS tokens will be used for the community rewards program. This can include social media campaigns, community polls, bounty programs, and more.
6% - Marketing
In order to promote and promote the VRS token, 6% of the tokens will be used for marketing activities. This will help increase the token’s visibility and liquidity.
2% - Technology Development
2% of VRS tokens will be invested in technology research and development and improvement. This will help ensure that the token’s technical foundation is solid and able to adapt to evolving needs.
2% - Legal and Compliance
To ensure the project’s legal compliance, 2% of VRS tokens will be allocated to legal and compliance matters.
COMMUNITY VOTING
VRNexus's management team will cooperate with the community who use the platform to develop value for VRS and its holders based on community consensus and will always be public, transparent and anonymous.
Certain decisions regarding the the use and development of VRS will be put to a vote. Votes wil beheld on an ad hoc basis and community members will be informed as new votes are published via a directmessage sent to their VRNexus account.
We do not allow nation states, political organisations r military organisations to use our software of have apresence on our platform, any matter pertaining to these types of organisations will not be put to a vote.
Community members may also request a vote on specific issues by submitting a request to the VRNexus management team. While VRNexus's management team ultimately determine which matters are put to a vote,reasonable requests for votes that relate to the use and development of VRS will not be refused.however votes that address in whole or in part, matters that have been addressed in previous votes will not beput to a vote to avoid the risk of invalidating prior votes.
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