Victoria VR is the first Blockchain-enabled MMORPG in Virtual Reality with lifelike textures powered by Unreal Engine, created and managed by its user community.The VR Coin is the cryptocurrency of the Victoria VR platform. The token has a number of use cases within the Victoria VR metaverse including staking, buying in-game items, advertising, a means of transactions, leasing, and other extra purposes. This page provides charts of the current VR token market price.<h3>How does Victoria VR [VR] Work?</h3>Being essentially a virtual gaming universe, Victoria VR poses itself as a world “where everyone can be a creator.” The platform provides its members with Massively Multiplayer Online Open World Game with true-to-life graphics in Virtual Reality.&nbsp;The entire network is created to become a universal platform for all virtual realities, games, and decentralized applications, which all constitute the Metaverse – a common virtual space, a three-dimensional Internet. Games, quests, endless adventures, and The Big Market VR are the main features of the Victoria VR platform where you can also exchange NFTs (non-fungible tokens) in 3D.The aim of the project is to give users the best of what Virtual Reality has to offer. The Victoria VR metaverse is designed to offer new quests, mini-games, tournaments, and rewards for its participants. The VICTORIA VR World is built from scratch, so that participants can create this world themselves, and it can exist and live even without its creators.All active users and creators receive regular rewards for their contributions to the network, participation in voting pools, writing reviews, undergoing quests, and staking VR Tokens. They are also incentivized with random real airdrops.&nbsp;Due to the competitive nature of the platform, the users and creators are interested in creating highly engaging content, games, applications, or educational materials for the community as quickly as possible to get rewarded in crypto.&nbsp;The goal of the project is to educate the gaming community and foster the use of cryptocurrencies by showing crypto’s possibilities. Moreover, the platform wants to give an opportunity for other promising crypto projects to introduce themselves in the Victoria VR metaspace.Along with providing a virtual universe to create and play in, the platform also has The Big Market VR. a decentralized marketplace powered by smart contracts, it allows users to securely trade the VR world items such as wearables and NFTs.The Big Market VR builds a new business environment for different retail entrepreneurs and people who are allowed to design and sell their digital products and services. The VR tokens can be both spent in the game and exchanged for Fiat.<h3>What is Victoria VR Token?&nbsp;</h3>Victoria VR Coin is an ERC20 token and the main currency within the Victoria VR metaverse. A unique feature of the platform is that it is one of the first crypto projects to allow users to mine tokens through their activities in Virtual Reality.VR tokens let users purchase a variety of products and services on the Victoria VR platform, such as:<ul><li>Art</li><li>Clothing</li><li>Courses (lessons)</li><li>Documents</li><li>Keys</li><li>Resources</li><li>Subjects</li><li>Tickets</li><li>VR Lands</li></ul>It is possible to get VR tokens by:&nbsp;<ul><li>Buying: during the Token Sale or on crypto exchanges.&nbsp;</li><li>Mining: for completing the Quests, for exploring the World, in REAL Airdrops, and in Competitions.</li><li>Staking: Golden Tickets Staking and Dynamic Staking.&nbsp;</li><li>Trading: in the Big Market VR.&nbsp;</li></ul>VR tokens are pre-mined. VRs have two main parts:&nbsp;VR´s Golden Tickets. VR's Golden Tickets allows members in the Token Sale stage to participate in the platform’s development and speed it up. The holders of VR's Golden Tickets can stake their coins for a year with a 20% reward. The Stakers can claim rewards earlier if they use it as a payment for a VR Land.VR´s Rewards Pool. It generates VR GAS, which will be mined by users’ activity. 80% of the GAS is mined by network participants as they are building, creating, completing quests, playing games, and exploring the Victoria VR’s world. 20% of produced GAS is algorithmically allocated to all Stakers every month on PAYDAY (the last day of the month). The GAS serves to reward Stakers, creators, and active contributors, as well as to stimulate newcomers to discover the VR World and be maximally active here.<h3>Where to Buy Victoria VR [VR]?</h3>The VR Coin is listed on many large crypto exchanges including Kucoin, Gate.io, Uniswap (V2), and Bitmart. Before you invest in cryptocurrency, be aware of the fact that the market price of the Victoria VR Coin is subject to volatility, i.e. it can drastically change within a short period.&nbsp;&nbsp;<h3>Where to Store Victoria VR [VR] Tokens?</h3>Victoria VR [VR] is hosted on the Ethereum Blockchain (ERC-20 standard), so you can store your VR tokens in any ETH-compatible wallet, such as Trust Wallet, MetaMask, Exodus, Coinomi, etc.&nbsp;You can store your coins on a crypto exchange after purchase, but it is better to use a dedicated wallet for greater security and long-term storage. Cold storage (hardware) wallets deliver the highest security but are quite expensive. They are the best option for users storing a lot of value or planning to hold for a long while.

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The whole world is built to be a universal platform for all virtual realities, games, and decentralized applications, collectively creating a Metaverse — a shared virtual realm, the 3D internet.In the Victoria VR World, there will be games, quests, never-ending adventure, virtual galleries, and The Big Market VR where you can exchange NFTs in 3D! In addition, users will be rewarded for each of their activities in the VR world.Victoria VR aims to create a new Metaverse of multi-dimensional interactions where users will be able to immerse themselves interactively with never-ending digital content. The Victoria VR Metaverse will be where people go to work, rest, learn, play and eventually live.

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Bitcoin block rewards are the payments miners receive for validating transactions and creating new blocks. They consist of newly generated bitcoins and transaction fees.

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Bitcoin halving is an event that reduces the rewards that miners receive for validating and adding new transactions to the blockchain by half and it occurs approximately every four years in the Bitcoin blockchain. This mechanism is designed to control the issuance of new bitcoins, limit the supply, and maintain Bitcoin's scarcity and value over time.

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Halvings reduce bitcoin creation rate, slowing down emission temps over time. This leads to curbing inflation. Decreased block rewards make miners rely more on transaction fees, potentially leading to higher fees and a self-sustaining network. Scarcity often drives up prices, attracting investors seeking hedging against inflation, impacting Bitcoin's economic dynamics. That’s why Bitcoin is often called “Store of Value”.

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Bitcoins are created through a process called mining, where miners compete to solve complex mathematical puzzles by expending computational power. The first miner to solve the puzzle for a block of transactions is rewarded with newly created bitcoins, and this process is how bitcoins are emitted into circulation.

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Fear and Greed Index calculation uses important market metrics to build an unbiased summary of the current sentiment in the market. By analyzing Fear & Greed Index, you will be able to determine the current state of the market, its change over a certain period, and make strategic decisions.

Fear & Greed Index indicates the current market sentiment. There are 4 possible ranges: Extreme Greed, Greed, Fear, and Extreme Fear.<li>Greed means that traders and investors feel too greedy. This may indicate that the market is due for a correction.</li><li>Fear means that traders and investors are too worried, close to panic sells. This could indicate a good entry point.</li>It is also important to analyze how FGI changed over the period of time, for example in one day, week, or month.

The Fear and Greed Index (FGI) is a comprehensive tool for analyzing cryptocurrency sentiment. It is based on several important market indicators to determine the level of fear or greed present, with a range of 0 to 100.

The Fear and Greed Index uses various modules to analyze influential variables in the cryptocurrency market, including volume, volatility, dominance, whale movements, search engine data, and order book analysis. It also features a machine learning algorithm that evaluates sentiment in social media posts and how popular technical analysis are affecting the market. Each module is given a specific weight based on its statistical impact on the market.

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We are assessing Bitcoin's volatility and maximum drawdowns, comparing these metrics with the average values from the past 30 and 90 days. We suggest that an abnormal increase in volatility signals a market driven by fear.

We evaluate current trading volumes and market momentum against 30/90 day averages, then combine these indicators. Typically, high daily buying volumes in a positive market lead us to conclude that the market is excessively greedy or overly bullish.

We collect and tally posts with various hashtags for each coin from Twitter (X) and monitor the speed and volume of interactions within certain time frames. A surge in interaction rates signifies heightened public interest in the coin, which we view as indicative of a greedy market.

A coin’s dominance represents its share of the total crypto market capitalization. For Bitcoin, an increase in dominance often stems from a flight to safety, reducing speculative investments in alt-coins as Bitcoin becomes the preferred safe haven in the crypto space. Conversely, a decrease in Bitcoin dominance suggests growing greed, as investors move into riskier alt-coins anticipating the next major bull run. For other coins, increasing dominance can imply a bullish or greedy sentiment specific to that coin.

We analyze Google Trends data for various Bitcoin-related search queries, focusing on changes in search volumes and identifying other currently popular searches.

The Crypto Fear and Greed Index is meticulously calculated based on a comprehensive analysis of multiple key metrics that gauge investor sentiment within the cryptocurrency market, such as the following.

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Latest Bitcoin Halving News

There have been three Bitcoin halvings since the launch of the Bitcoin blockchain. These previous halvings occurred in the following years:{br}{br}First Halving: November 28, 2012; the block reward was reduced from 50 BTC per block to 25 BTC per block.{br}{br}Second Halving: July 9, 2016; the block reward was reduced from 25 BTC per block to 12.5 BTC per block.{br}{br}Third Halving: May 11, 2020; the block reward was reduced from 12.5 BTC per block to 6.25 BTC per block.{br}{br}Fourth Halving: April 20, 2024; the block reward was reduced from 6.25 BTC per block to 3.125 BTC per block.

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The Bitcoin halving event, which is a process that reduces the reward for mining new Bitcoin blocks in half, has significant implications for miners, investors, traders, and users of the Bitcoin blockchain. These implications can be observed in both the short term and the long term. Let's explore some of the key implications in more detail:

How Does Bitcoin Halving Affect The Price of Bitcoin?

Bitcoin halving occurs to control the issuance of new bitcoins and ensure the cryptocurrency's scarcity. Bitcoin's protocol limits the rate at which new bitcoins are created, gradually slowing down the growth of its total supply. This deliberate scarcity is designed to mimic the scarcity and controlled supply of precious commodities like gold, making Bitcoin an attractive store of value and a hedge against inflation.

How Does Bitcoin Halving Work?

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Bitcoin halvings reinforce its reputation as a long-term investment by reducing the rate of supply issuance, making it scarcer over time. This scarcity, coupled with the network's growing adoption and utility, can enhance Bitcoin's appeal as a store of value and a hedge against inflation, attracting long-term investors.

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Bitcoin halvings directly impact miners by reducing their block rewards, cutting their income in half. This event can lead to increased competition and pressure on less efficient miners, potentially forcing some to exit the mining ecosystem while incentivizing more efficient operations and technological advancements.

Miner Economics

Mining difficulty is a measure of how much computing power it is required to mine new blocks in a blockchain network. It adjusts regularly to maintain a consistent rate of block production. When more miners join the network, the difficulty increases; when miners leave, it decreases.{br}{br}Hashrate, on the other hand, represents the computational power of the network's miners. It measures how many calculations a network can perform per second. A higher hashrate indicates a more secure and competitive network, as miners with more computational power are more likely to mine new blocks and receive rewards.

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Bitcoin halvings can influence the hash rate and network security by potentially leading to fluctuations in miners' profitability. If the price doesn't rise significantly to compensate for the reduced block rewards, some miners may leave the network, temporarily lowering the hash rate and potentially making the network more vulnerable to attacks until the difficulty adjusts.

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The next Bitcoin halving is expected to occur in March 2028, when the block height number hits 1,050,000. After that, the next block’s reward will be halved: 1.5625 BTC instead of 3.125 BTC.

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Bitcoin halvings can increase price volatility because they create uncertainty about future supply reductions. The expectation of reduced issuance can attract speculative trading and result in price fluctuations as market participants respond to changing supply dynamics. This can lead to both upward and downward price swings before and after halving events.

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Quarterly charts of BTC and ETH performance allow tracking long-term price changes, identifying trends, and effectively planning investments based on historical data.

What is Bitcoin Quarterly charts of BTC and ETH?

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The key to Bitcoin's long-term success lies in its Proof-of-Work consensus mechanism within a peer-to-peer environment. This mechanism operates independent of external inputs like clock readings. Proof of Work is based on a fundamental truth: computation requires work, and work requires energy and time in our universe.{br}{br}Difficulty adjustments are necessary to prevent Bitcoin's internal clock from speeding up due to increased miner participation or improved mining devices. Without these adjustments, the value of Bitcoin would quickly decline.

Bitcoin’s Strongest Feature

Subject

Bitcoin's maximum supply is capped at 21 million Bitcoins. This limit is hard-coded into the Bitcoin protocol and cannot be changed without overwhelming consensus from the network's participants. The maximum supply of 21 million bitcoins will be reached around the year 2140, when the last bitcoin will be mined.

Bitcoin Supply

Bitcoin halvings reinforce the scarcity of supply by reducing the rate at which new bitcoins are created. This controlled reduction in issuance over time maintains and strengthens Bitcoin's inherent scarcity, ultimately enhancing its appeal as a store of value.

Supply Scarcity

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Bitcoin operates on its own internal rhythm, characterized by a low frequency that allows for a sufficient buffer to delay communication between participants during the block validation process. Approximately every 2016 blocks, Bitcoin's internal clock is reset, resulting in an average block discovery rate of one valid block every 10 minutes.

What is Time in Blockchain

Key statistics on funding rounds for the past 30 days.

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What do you think about future halving?

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Market sentiment is very bearish, many assets may be undervalued.

Extreme fear

Market sentiment is very bullish, many assets may be overpriced.

Extreme greed

Market sentiment is moderately bearish, traders are taking less risk.

Fear

Market sentiment is moderately bullish, traders are taking more risk.

Greed

Neutral

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Victoria VR VR

Historical Data for Victoria VR