VCORE is a new metaverse token built to power the metaverse - starting with one of the largest social metaverses, IMVU. VCORE will be fully-integrated within the IMVU metaverse and become an important part of the economy, engagement and governance in the metaverse as explained below.
Economy – MetaJuice envisions that VCORE will be an inextricable part of the future economy of the IMVU metaverse. The VCORE token will be deeply integrated into the entire IMVU NFT economy; it will be the currency used to mint and trade NFTs in the marketplace. Over time, MetaJuice anticipates that VCORE will also be used to pay royalties to creators and earners that are outside the United States and Canada.
Engagement - MetaJuice envisions tying the VCORE token into the game and social play of the IMVU metaverse. As a result, users who choose to spend their time and energy enjoying and contributing to the experience of IMVU’s metaverse will have opportunities to be rewarded for these contributions with VCORE tokens. There may also be future rewards in using VCORE on-platform to earn VIP Status or an Access Pass - two very sought after and valuable rewards inside the IMVU metaverse.
Governance - While IMVU has always engaged its community to generate the feedback needed to build and deliver community-driven tools and products, MetaJuice envisions that VCORE will provide new opportunities to capture this feedback. We envision enabling certain voting and governance features through VCORE, proposals and decisions will be transparently shared with the community to foster a deeper connection between the team and metaverse community. Holders of VCORE will be given a voice on the future of our metaverse such as the type of IRL events, influencer & brand partnerships, quests and more. IMVU will never be a fully decentralized platform (or a DAO), but MetaJuice envisions it involving the best of both worlds - a place where the community will have growing input, an increased voice, and a true vote over the future of the metaverse through VCORE.
Disclaimer: VCORE holders are not entitled to vote, receive dividends or be deemed the holder of capital stock of MetaJuice or any affiliate in their capacity as a VCORE holder for any purpose, nor will anything contained in this document be construed to confer on a VCORE holder any of the rights of a stockholder of the Company or any right to vote for the election of directors or upon any matter submitted to stockholders at any meeting thereof, or to give or withhold consent to any corporate action or to receive notice of meetings, or to receive dividends, subscription rights or otherwise.