VooGlue is now conducting a pre-sale for its token generation event in order to raise funds to develop its new art ecosystem for the blockchain era. This is your chance to be an early contributor to the VooGlue project by directly investing in VGC tokens.
What is the VGC Token?
The VooGlue Token is listed as VGC and adheres to so-called “ERC-20” token standards. The ERC-20 standard establishes a common set of rules for tokens issued via Ethereum smart contracts. It currently serves as the basis for the majority of tokens that have been released through token generation events, often called initial coin offerings (ICOs).
By defining a common set of rules for ethereum-based tokens to adhere to, the ERC-20 standard allows developers of wallets, exchanges and other smart contracts, to know in advance how any new token will behave. This is the main reason VooGlue has chosen the ERC-20 standard.
VGC acts as the fuel for the VooGlue art ecosystem, facilitating the efficient buying and selling of art and granting access to the other features of the platform such as the “glued” digital multimedia counterparts, and affiliate marketing opportunities.
This is explained in detail in the VooGlue whitepaper.