Utility Token (VIS)
What is VIS and what are its use cases?
In short, Vigorus (VIS) is the primary "earning" and "spending" token inside the Pegaxy ecosystem.
To be clear, VIS is minted (created) through players placing inside the top 3 when racing, there was no IDO for VIS and no VIS was ever "pre-minted". VIS is burned (destroyed) through the Breeding model (and other VIS sinks in the future) outlined later in the whitepaper. Our goal is to create a reasonably balanced mint and burn ratio while avoiding micromanagement and over dictation of the ecosystem.
As mentioned, players are able to earn VIS token by racing against other players inside the game. Due to the fast moving nature of the in-game economy, the awarded amount of VIS for races may change up or down in the future.
General VIS Statistics: