ViaBTC Token Price

ViaBTC Token is a value-added service and privilege token based on ViaBTC Mining ecosystem established in 2016. The token is issued on the Wormhole protocol. The token has a total supply of one billion VIAT worth two billion dollars. It was released and issued using "DUO Mining" with the release cycle divided into four phases. The release amounts will be divided into 100 million, 200 million, 300 million and 400 million. The release periods will be divided into 20 days, 400 days, 1200 days and 3Show more [+] ,200 days. Viat coins to be mined in a day are divided into 5,000,000, then reduced to 500,000, then 250,000 and 125,000. Payouts in this platform is to be paid in four phases. This will encourage miner’s extra motivation to be part of the mining pool. Users can earn more by inviting their friends to mine via ViaBTC using referral links. Tokens can be used to buy ViaBTC souvenirs, mining accessories and pay for other services.

Viat has a plan for repurchasing and burning tokens to reduce the amount using a benign deflation model. They usually burn 20% of the company's quarterly revenue. The token was premined before being released for public mining. It is as of the moment listed on CoinEx exchange.

This project is the brainchild of Haipo Yang, the founder and CEO and Huimin Ouyang, the COO.