What is VCORE?
VCORE is an ERC-20 metaverse token launching into the IMVU metaverse; an existing community, economy and virtual world ecosystem that has been in market since 2004. IMVU’s existing mobile, desktop and web applications serve a global community from over 100 countries, supports 13 languages, enables a creator led economy and allows everyone to connect, socialize and earn. VCORE will be integrated into this economy, the overall social experience and will give holders a voice in the future of the metaverse. VCORE is not available in the United States and other non-supported countries.
The IMVU Web3 Metaverse
- Serves around 700,000 users every day and millions of users every month.
- Over 200,000 creators and earners sell around 18,000,000 digital items every month via the IMVU marketplace.
- There are also millions of monthly peer-to-peer transactions that enable a large service economy inside the IMVU metaverse.
- There are already over 1,250,000 active wallets inside IMVU and the digital marketplace is carefully being converted to support NFTs which have been live since late 2022.
- VCORE will be an important part of this dynamic ecosystem for all IMVU users residing outside the United States and Canada.
What makes the Web3 IMVU Metaverse Unique?
The transformation of the IMVU metaverse to a web3 economy involves a very large and existing community of daily users and a dynamic economy built by the creators and earners already on the platform. Often other web3 gaming and metaverse projects are starting with very few users, are still building out their experiences and are in the early stages of building a truly sustainable platform. IMVU’s advantage is that its existing community is very familiar with digital currencies, purchasing digital items/assets and the creator base is very global.
The Open Metaverse
The team behind VCORE is passionate about supporting the delivery of the open metaverse enabling individuals and their digital assets to move freely between metaverse, virtual world and gaming platforms. The team is part of the Open Metaverse Alliance and working with the industry to usher in this more open future.
VCORE Tokens Minted and In Circulation
8,000,000,000 (eight billion) VCORE tokens have been minted and will be released over the coming years. Initially a very small number of tokens will be in market as VCORE is launched. For more and updated information on the VCORE release schedule, please visit the VCORE wiki website.
VCORE Market Compliance
The IMVU team is taking a very strict approach to the markets in which VCORE will be available. Every user on the IMVU platform will have to register (i.e. perform Know Your Customer level registration) on the platform and confirm that they reside outside the United States and Canada (or other unsupported countries) before they can purchase, earn, use or exit the IMVU platform with VCORE.