VICE (VICE) Token Simply Explained for Newbies

The crypto industry has seen the emergence of new sectors that have aided its growth toward its trillion-dollar valuation. Some include decentralized artificial intelligence (DeFAI), decentralized physical infrastructure networks (DePIN), tokenization of real-world assets (RWAs), and liquid staking. Another emerging sector is the entertainment and competition space, and VICE is among the projects building in this field.

VICE is a crypto project that allows users to participate in crypto competitions with high-end rewards, such as performance cars and other luxury items. This article discusses everything you need to know about the project and its native token.

What is VICE?

VICE is a crypto competition platform that offers high-value prizes to participants. Launched in January 2025, the platform aims to revolutionize the crypto competition market by allowing users to win huge rewards by answering multiple-choice questions, including supercars, luxury goods, and VIP experiences.

Additionally, the platform is built to offer simple value transactions that bring together communities from crypto, luxury lifestyle, and supercars to create a destination for competing for value. To participate in the competition pools, users must answer multiple-choice questions. The luxury rewards are delivered daily, weekly, and monthly.

Another thing to know about VICE is that the platform engages in targeted marketing. Each competition prize pool is used in targeted and specified marketing to generate entries for brands and influencers. As a result, the network uses a vast range of creators and partners, especially entities in the automotive and luxury space, to access users worldwide.

Core Features

Here are VICE network’s core features:

• Weekly Competition: VICE offers daily, weekly, and monthly competition pools for users holding VICE tokens. The competition timelines vary, as do the rewards and difficulty levels.
• PlayPass: While competing on VICE, users are offered more competitive opportunities. They need passes in the form of non-fungible tokens (NFTs) to gain access to these. So, they can purchase NFT passes to enjoy entry privileges for every competition or to participate in exclusive and limited pools.
• RewardPlay: Some competition pools offer rewards and an annual percentage yield. Users can also participate in long games that last up to 12 months. 
• Promotions and Influencer Marketing: VICE promotes its prizes to supercar, crypto, and luxury group communities, driving an extensive network of marketing activities. The platform also offers users limited-time entry opportunities.
• Wallet Integration: VICE’s extensive network offers a wallet that supports over 110 cryptocurrencies and over 30 fiat currencies in at least 160 countries.

What Makes VICE Unique?

Several features make VICE unique; however, the two that stand out the most are the network’s robust marketing strategies and high-reward competition pools.

It is rare to see a crypto network that brings together luxury goods, supercars, and digital asset enthusiasts. The platform’s innovative wide range of influencers and marketing strategies targets a specific user base, ensuring sustained engagement in the long term.

VICE Token

As the native cryptocurrency of the VICE network, VICE plays an essential role in the platform’s smooth operations. Network participants utilize the crypto asset to join competitions and related prize pools, execute NFT transactions, and receive exclusive rewards.

The total supply of the VICE token is one billion VICE with a circulating supply of 605.23 million tokens. The remaining tokens will be unlocked within the next 36 months. As of writing time, VICE had a fully diluted valuation of $47.72 million, a market cap of $28.88 million, and a 24-hour volume of $1.04 million. The asset was worth $0.047 after a 24-hour spike of roughly 44%.

During the first and second phases of the VICE project roadmap, the network’s team intends to initiate regular and calculated token burns at key intervals to ensure the cryptocurrency maintains a deflationary supply. This will maintain the scarcity and value of the token. The development team launched the token on the Ethereum blockchain to leverage the network’s security, decentralization, and smart contract capabilities in enhancing users’ experience.

Where to Buy VICE

Since VICE was launched less than two months ago, the token is currently available for spot trading on very few centralized crypto exchanges, including MEXC, Gate.io, and WEEX. The trading pairs across the three platforms are VICE/USDT.

How To Join VICE Contests

VICE unveils a variety of tasks for users looking to join the platform’s contests. Since the entity has yet to launch its competition platform, the tasks are limited to currently engaging on designated social media posts. Therefore, paying attention to the project’s X posts and Telegram channel is crucial for joining the entity’s contests.

Last week, the VICE team announced a 48-hour competition that involved getting zero likes on a comment for an X post – the prize was $1,000 in VICE tokens. Another competition, which concluded on March 23, offered an Apple Watch Series 10 prize for following the crypto competition platform’s X and Instagram accounts, reposting a tweet, and adding #ViceGiveaway to the repost.

In addition, earlier this month, a user won an iPhone 16 Pro by engaging with the project’s social media accounts and tagging friends in the comment section of the giveaway post.

What is the Future of VICE?

VICE’s future is arguably full of potential. According to the project’s roadmap, the first two phases of its launch, scheduled for 2025, would see the competition platform’s beta release, partnership expansion, and community building.

Since the VICE token went live, it has grown by more than 281%. The asset could grow even more as more development comes to the VICE ecosystem.

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