BEGINNER’S GUIDE TO VICTON: What You Should Know As You Embark On This Web3 Journey.
Introduction: Ready to Dive into the Future of Blockchain?
Hey Victors!
Have you ever felt overwhelmed by the complexities of navigating the world of blockchain and decentralized finance?
Fear not, because with Viction, your journey into the ever-evolving realm of Web3 is about to become much simpler and more exciting. Let’s dive in and discover how you can get started with Viction, a platform designed to accommodate everyone from beginners to experts.
What is Viction?
Before we continue, let's get acquainted with Viction. Formerly known as Tomochain, Viction is a user-focused layer-1 blockchain system aimed at enhancing access to Web3 infrastructure while enabling individuals to thrive with boundless possibilities. Viction represents the ideal building ground designed to seamlessly accommodate individuals with different levels of knowledge and expertise (beginners, experts, builders/developers, enthusiasts, etc.) into the Web3 community.
The Viction blockchain is powered by its utility token, $VIC, which serves as fuel throughout the Viction ecosystem.
Staying Informed with Viction’s Official Communities and Website
As a beginner, misinformation can be disastrous and a hindrance to your learning process. Therefore, it is crucial to get authentic information right from the source.
Here are the official channels for Viction:
Twitter Discord Website GitHub Blog
Ecosystem Block Explorer Masternodes
Exploring Viction Ecosystem Projects
Viction boasts a wide array of ecosystem projects and partners, each playing a significant role in meeting the various needs of Web3 users. These projects are classified into:
- Consumer Apps
- DeFi (Decentralized Finance)
- Gaming (GameFi)
- Social (SocialFi)
- Infrastructure
Navigating the DeFi Landscape
What is DeFi?
DeFi stands for Decentralized Finance. It is an organized system evolving around blockchain technology that gives individuals complete control over their financial assets without the need for a third party. This includes asset transfers, exchanges, and financial services.
Setting Up Your Wallet
As a beginner, one of the basic steps into the DeFi infrastructure is getting a crypto wallet. Just like your traditional bank account, your crypto wallet is a DeFi tool designed to facilitate the storage, sending and receiving, and spending of crypto assets. It is crucial to safeguard your wallet’s private key to avoid vulnerabilities.
Here are some wallet options to explore within the Viction ecosystem:
- Viction Wallet
- Coin98 Wallet
- Ramper
- Fox Wallet
- Holdstation Wallet
~ WigWam
Viction Wallet
Viction Wallet, a user-friendly wallet that facilitates the simplified management of digital assets with accessibility to the Web3 ecosystem. The Viction Wallet offers solutions to the challenges of crypto asset management and boasts several utilities:
- Easily send and receive digital assets (crypto, NFT, data).
- Zero gas transaction fee exclusively for Viction Wallet users.
- Seamlessly connect to dApps supported on the Viction ecosystem.
- Ensures the utmost security for your digital assets.
- Available on Android, iOS, and browser extensions.
To install Viction Wallet, follow these guidelines:
Step 1: Visit Browser Extension | iOS, and choose the version you want to download Viction Wallet.
Step 2: Choose Create a new wallet session, if you want to create a new wallet on Viction.
Step 3: If you want to import an existing wallet, choose the Passphrase or Private Key option in the Import Wallet session.
Step 4: Input your Passphrase/Private Key then click Restore to import wallet:
- Using Passphrase: You will need to choose the derivation standard. If your wallet uses an old derivation standard, select Old Standard. Otherwise, choose New Standard.
- Using Private key: You will only need to import your Private Key.
Step 5: Input wallet name, avatar and click Start Using to complete the process.
Utilizing Other DeFi Tools
Apart from wallets, there are several tools designed to meet the satisfaction of Web3 users, such as bridging, farming swapping, and staking.
DeFi Terminologies and Associated Tools
- Bridging: This term refers to the transfer of crypto assets between different blockchain networks. Example tools include Arken Finance, SpaceGate, and Hyperlane.
- Swapping: Viction provides users the opportunity to swap or exchange their tokens to a more desired token using DEX infrastructures like Mori Protocol and Baryon Network.
- Farming and Staking: Viction presents opportunities to earn more crypto assets through farming and staking using tools like Mori Protocol, deFusion, and Baryon Network.
Liquidity Staking Derivatives
Liquidity staking derivatives (LSDs) are financial tools in the cryptocurrency realm that let users stake assets in liquidity pools, earning rewards without locking up their tokens, offering flexibility and liquidity. Viction provides a diverse range of LSDs in its ecosystem, each showcasing distinctive features.
- deFusion: An infrastructure-liquidity staking platform tailored for Viction users.
- Baryon Network: A reliable multi-chain DEX.
- Mori Protocol: A fully-fledged DEX with comprehensive utilities.
GameFi: Gaming in the Viction Ecosystem
Gaming has always been a cornerstone of digital entertainment, captivating audiences with immersive experiences and interactive storytelling. With the rise of blockchain technology, gaming on decentralized platforms like Viction is gaining momentum, offering players new opportunities for creativity, ownership, and community engagement.
For gamers, Viction offers the opportunity to make profits from gaming while having fun. Here are some Web3 gaming projects to explore:
- TMR Games
- Town Story Galaxy
- Buzzkill NFT
- GameOnCyborg
- Space3
- Eternals
- World Of Dypians
- ReneVerse
TMRGames:
Serving as Viction’s inaugural gaming platform, Tmrgames has been a driving force in shaping the gaming landscape on the platform. Offering a diverse array of games such as "Dangerous Road," "Bridge Master," "Parkour Swing," and "OceanX," Tmrgames cater to a wide audience of Viction gamers.
Personally, I'm an OceanX Encore diver... It's my favourite gameplay on TMRGames.
Wondering how to get started?
Visit:- https://twitter.com/OfonKvng/status/1788105608761082347?t=7e5j21_7hgrmzwtnsgON4w&s=19
Buzzkill:
Enter the immersive world of digital beekeeping with Buzzkill’s "Honey Comb Hustle." This Viction-powered #NFT strategy game allows players to stake bees, forage resources, and raid rival hives in a richly detailed universe.
Eternals:
Embark on an epic adventure in the world of Eternals World, where blockchain meets gaming in a seamless fusion of technology.
With a continuously expanding story and the recent launch of their NFT collection, "The Holy Cat NFT," Eternals has quickly become a cornerstone of the Viction gaming universe, captivating players with its immersive gameplay and vibrant community.
With Viction, your journey into the world of Web3 is not only simplified but also enriched with endless possibilities. Whether you are a beginner or an expert, the Viction ecosystem has something valuable to offer. Stay tuned for more educational threads about Viction as we make Web3 accessible to everyone through our community-centered approach.
Start your journey today and join the Viction family to explore, learn, and thrive in the Web3 world!