Viction (VIC): Scaling web3 beyond limits with the World Wide Chain Protocol

A surprise announcement by Binance on Mar 12, 2025, regarding the listing of the VIC token on its Futures platform with a leverage of 75x, sent the Layer 1 (L1) project on a price rally that has made investors take note. Within 24 hours of the announcement, VIC’s price had risen by over 81%, with its market cap hitting over $42 million.

Viction, which hosts some of the top projects on web3, such as LayerZero and Pyth, is on a mission to create an ecosystem that enables fast, secure and affordable blockchain transactions. Let’s dig deeper into Viction and learn why it’s causing a buzz in the crypto market.

Key Takeaways:

• Viction (formerly TomoChain) is an EVM-compatible L1 blockchain designed to provide crypto users with a scalable and cost-efficient framework to explore web3.

• Its native token is VIC, which is used to pay for transactions, stake to become a Masternode and vote on Viction governance.

• You can buy VIC on Bybit’s spot trading platform as the VIC/USDT trading pair.

What is Viction?

Viction (formerly TomoChain) is an Ethereum virtual machine (EVM)–compatible L1 blockchain designed to provide a framework for scalable, fast and cost-efficient blockchain transactions that will encourage mass adoption.

In November 2023, TomoChain announced that it had rebranded to Viction in order to accommodate the project's expanding vision of creating a blockchain that would power technological development for the masses. Viction was born as a symbol of TomoChain's new identity as a key player in using blockchain to change people's lives. 

The Viction blockchain, built with efficiency in mind, uses a proof of stake (PoS) voting consensus mechanism whereby token holders vote for Masternodes to secure the network. This enables at least 2,000 transactions per second (TPS), with a two-second block time.

As a people-centric network, Viction provides an open-source framework on which developers can build easy and affordable blockchain apps. Developers can also submit their projects on Viction Horizon, a hackathon platform designed to unlock human potential through blockchain.

Viction also has a wide range of products designed to empower crypto enthusiasts to maneuver the complex blockchain landscape. The Viction Wallet provides web3 users with a secure and private browser extension to stake VIC and to buy, sell and store non-fungible tokens (NFTs) and other crypto assets.

There's also the Viction Bridge, which enables users to quickly and affordably bridge crypto tokens, such as USDC, C98 and USDT, from other blockchains. 

VIC is the native token for the Viction ecosystem. It's used for governance, staking and rewarding Masternodes that secure the Viction network.

How does Viction work?

The Viction ecosystem consists of the following components that play distinct roles in ensuring the network maintains integrity and performs well.

Masternodes

Masternodes are specialized servers responsible for producing and validating blocks within the Viction network. A total of 150 Masternodes have been designated to secure the entire Viction ecosystem. To become a Masternode operator, an individual or entity must deposit at least 50,000 VIC tokens, and apply through a governance DApp.

Once elected, Masternodes participate in a round-robin process to produce and validate blocks, ensuring efficient transaction processing. To enhance security, Viction employs a double validation mechanism whereby a second, randomly selected Masternode verifies each block before it's added to the blockchain, reducing the risk of attacks. ​

Voters/stakers

You can stake your VIC tokens with Viction Masternodes to help secure the network and maintain its efficiency. Doing so earns you staking rewards, a good form of passive income. Locking your tokens also earns you a right to vote on important decisions regarding the Viction network, including the election of Masternodes/validators.

Validators

Within the context of Viction, “validators” refers to the Masternodes themselves, as they’re responsible for validating transactions and producing blocks. The terms "masternodes" and "validators" are often used interchangeably within the network. These validators ensure that all transactions comply with the network's rules and maintain its blockchain's integrity.

Delegators

Delegators are VIC token holders who prefer not to run a Masternode, but still wish to participate in staking. They delegate their tokens to existing Masternodes, strengthening the network's security and efficiency. In return, delegators receive a share of the rewards earned by the Masternode to which they’ve delegated their tokens.

Viction key features

In its efforts to create a cost-efficient and inclusive blockchain for all web3 users, Viction has developed (and continues to develop) various products that align with this vision. The Viction infrastructure consists of the following key features:

World Wide Chain Protocol

The Viction World Wide Chain Protocol (WWCP) is a novel solution consisting of a network of app chains that operate concurrently and use Viction as a common settlement point. The product, developed in collaboration with GlitchD Labs, is designed to facilitate seamless asset and data transfers between blockchain DApp builders.

WWCP runs as a set of smart contracts on the Viction mainnet that facilitate these transfers. Assets on WWCP benefit from a shared bridge contract, simpler liquidity management and easier/faster transactions.

Viction Data Availability

Viction’s data availability (DA) layer runs as an independent module separate from the main Viction blockchain. This means that developers building on other blockchain networks can leverage this product for their data needs.

The solution is designed for Layer 2 (L2) rollups, such as OP stacks and zkEVMs including Polygon (POL) and GlitchD. The DA helps them scale and become more interoperable and flexible across the larger blockchain ecosystem.

Some of the key features that builders can access on the Viction DA include the following:

• Advanced cryptographic methods to ensure more efficient and scalable data availability

• Quantum-resistant cryptography, which helps mitigate any incoming threats

• Improved data encoding to enhance data verification efficiency

• AI-powered data retrieval and storage to ensure quicker and lighter apps

• Flexibility through customizable data availability solutions

Source: Viction

Gas-free

High gas fees have been a persistent challenge to blockchain users, especially due to the complex activities involved when transacting. To counter this, Viction developed the VRC25 token standard, which facilitates near-zero gas fees when transacting (there's a VRC725 standard designed for NFTs).

Projects on Viction can integrate the VRC-25 token standard into their tokens, allowing them to pay gas fees on behalf of the user and making it possible to offer zero-fee gas transactions on the user's end. Developers can also expand the features on their tokens to pay gas fees instead of using the native VIC token.

The zero-fee gas transactions feature on Viction makes it affordable for crypto users to engage in DeFi activities like yield farming and staking. It also eliminates the complexities associated with blockchain transactions, encouraging more crypto-curious beginners to engage in web3 activities.

What is VIC?

VIC is the native cryptocurrency for the Viction network, as well as the reserve cryptocurrency for third-party apps powered by Viction.

The use cases for VIC token are as follows:

• Staking and Masternodes — VIC token holders can lock their tokens to help secure the Viction network and earn rewards. To run a Masternode, you need to stake at least 50,000 VIC tokens.

• Voting/governance — VIC token holders earn the right to vote on crucial governance matters on Viction, such as selecting Masternodes.

• Transaction fees — VIC tokens are used to pay transaction fees on Viction, including for using features such as Viction DA.

• Delegators — Those who don't wish to run Master nodes can delegate their VIC tokens, and earn a share of the rewards generated by the Masternode.

VIC tokenomics

​Viction's tokenomics underwent significant changes following the implementation of Viction Improvement Proposal #1 (VIP#1) and the subsequent hard fork on Oct 29, 2024. These changes were designed to enhance the network's security, incentivize participation and ensure the long-term sustainability and growth of the ecosystem.

Initially, Viction had a total supply of 100 million VIC tokens. However, after the hard fork, the total supply expanded to 210 million VIC tokens, with 20 million VIC tokens immediately added to boost the circulating supply.

Also, following support for a second proposal, Viction held an airdrop through the Viction Retrodrop program, whereby stakers, active users and governance participants would be rewarded with VIC tokens for their contributions to the Viction ecosystem.

Source: Viction X

Where to buy VIC

You can buy VIC on Bybit’s Spot trading terminal as the VIC/USDT trading pair.

Viction crypto price prediction

As of Mar 26, 2025, Viction has a market cap of $30 million and is priced at $0.25. This is a 93.6% drop from its all-time high of $3.88 on Sep 6, 2021, and a 77.4% increase from its all-time low of $0.14 on Mar 13, 2020.

Crypto price prediction experts have mixed forecasts for Viction’s future price. According to CoinCodex, VIC could hit a maximum price of $0.23 in 2027 and drop to $0.13 by 2030.

However, another price forecasting platform, DigitalCoinPrice, is highly bullish on the future price of Viction. Its experts believe that VIC may hit $0.90 in 2027, and rise to $1.36 by 2030.

While some of these price predictions seem bullish, they aren’t financial advice. We highly recommend that you do your own research before investing in Viction or any other cryptocurrencies.

Closing Thoughts

Viction is revolutionizing the web3 space with products such as its World Wide Chain Protocol, data availability (DA) and gas-free transactions feature. These products are designed to attract crypto users, including developers, who want to explore blockchain technology's limitless opportunities. Viction’s people-focused design and mass-adoption vision make it a project to watch in the fast-paced blockchain space. 

#LearnWithBybit