Learn more about vSlice Token.
vSlice Token Review
When investing in virtual currency, you need to do your research. We provide you with reviews of each world top cryptocurrency out there, so that you can find the best crypto coins to invest in for you. This review of vSlice Token consists of three chapters: origin, technology and pros & cons.
vSlice coin has seen promising beginnings and trends in the market. vSlice is a Meta token. It has a symbol of VSL and build on the Ethereum network. It has its miners distributed around the globe. The founder of vDice and also vSlice is Jason Colby who started this up in April 2013.
vDice owns the vSlice token. vDice is an Ether-based gambling application. vDice is a distributed version of SatoshiDICE. vSlice token releases dividends which gained by the gambling fees dashed by the vDice application.
In short, vSlice can be termed as a profit sharing cryptocurrency. It is available on the Ethereum blockchain. It consists of contracts called Ethereum Smart contracts. Therefore, the token holders share the profits from the game system.
There are periods involved in the betting game. vSlice call these periods “epochs”. The smart contract lies unlocked in the initial 25 days of the contract. During this time period, the token holder can trade the tokens. Then comes the last five days, where the contract is locked. The token holders have the opportunity to pull their respective rewards from the games they have played. The next epoch happens after this. The betting game continues.
The token holders of vSlice can channel profits to their pockets from any game. For this purpose, the house address of the contracts has to be set up on the container’s address. The profit distribution takes the following into account:
- Number of tokens (of the token holder) as compared to the total number of tokens.
- Amount of profit in the contract at the beginning.
- World’s first profit sharing token: this term has been associated with vSlice and investors are not disappointed. It has received unmatched support of the buyers and claims the spot as a world top cryptocurrency.
- Decentralization: the smart contract system and the decentralization idea will guarantee falsification prevention of the tokens. Thus, the tokens attach directly to the vDice profit.
- Not everyone’s cup of tea: it is meant for people interested in betting games. The target people is thus only the gamers and the rest of the community will not be attracted to it.