10 August, 2021
The ViCA Foundation operates an automatic dealing in virtual assets using ViBOT, an arbitrage trading solution from NROOTM Korea. The generated revenue from ViBOT burns the issued ViCA tokens (Buy-back and burn). We invest 40% of the foundation's operating revenue to repurchase tokens, contributing to the interests of ViCA holders. The remaining proceeds are redeployed back to the assets of the automated trading system, accelerating profits through compound interest.
We did NOT distribute any single token in the pre-sale or development process such as ICO and IEO. Therefore, the number of tokens distributed in the market is small, yet even that continues to decrease. Then, the value of the token will increase. Moreover, the foundation's assets run on automated trading systems increase, resulting in greater returns. The funds set as the foundation's seed are not reused for any purpose, and transaction details are disclosed in a verifiable way (Live Streaming Service).