The VIXCO project aims to address the various challenges faced by stores due to the rise in contactless ordering and payment. With blockchain-based POS, kiosks, and VIXPAY services, stores can maintain and strengthen their connections with the local community while operating efficiently. This will enable them to establish a sustainable business model that allows them to receive economic support while maintaining solidarity with the local community.

The goal

The VIXCO project was initiated to address the problems in the South Korean card payment market, such as the 'tri-party system' which prevents merchants from choosing a card company during the transaction process and the difficulties in managing funds due to the delayed receipt of sales proceeds. To resolve these issues, the blockchain-based POS terminal and VIXPAY service were developed.

About

VIXCO provides various services on its platform using Ethereum-based tokens, creating value for merchants and customers through integrated solutions for payment, digital marketing, and CRM services. This forms the foundation for the continuous activation and growth of the VIXCO ecosystem, allowing it to develop as an innovative blockchain-based payment and marketing platform.

Customer information and payment data obtained through the VIXPAY service become valuable digital marketing assets. Using this information, merchants can analyze customer purchase patterns, preferences, and behaviors to establish effective marketing strategies.

Digital marketing based on 

Providing consistent services to users and merchants: By consistently providing services such as cross-border point payments, digital marketing, and membership services, both users and merchants experience convenience.

Opportunities for cross-border cooperation and expansion: By linking Super Nodes and Working Nodes in each country, VIXCO fosters international cooperation and provides business expansion opportunities in the global market.

Offering global reward point memberships: Users can enjoy global reward point memberships through the VIXCO platform, making cross-border transactions smoother.

Stable transaction environment: VIXCO Tokens staked in Super Nodes and Working Nodes ensure transaction stability and provide a high level of service quality.

The advantages of VIXCO's global network configuration include:

As an essential tool for the VIXCO token ecosystem, VIXPAY streamlines payments and ensures a seamless experience for both customers and kiosk owners. With VIXPAY, you can quickly and easily make purchases and payments.

VIXCO x VIXPAY

VIXCO is a digital marketing platform that connects contactless ordering & payment with VIXCO token.

Bridging Stores, Customers, and Communities in Digital

VIXCO

Notice

17,000,000 (2.1% of current circulating supply)

2.Lock-up releasing amount during the period

Total Issuance Amount:2,000,000,000
Circulating Amount (before the release): 803,690,380
Circulating Amount %(before the release): 40.18%
Circulating Amount (after the release):820,690,380
Circulating Amount %(after the release): 41.03%

The amount that is being publicly circulated to date is 820,690,380(41.03%)

*The exact number of the Circulating Supply may change in real time due to various events and the VIX Pay reward program.
*For that matter, the VIXCO foundation will calculate the circulation supply that will be updated every month, announce it on the VIXCO homepage(www.vixco.net), Xangle, and at the same time conduct a ‘Self-Reported-Circulating-Supply’ on CoinMarketCap so that this number can also be disclosed to the public.

5. Purpose of Token Release and Other Relevant Information

Token Release Schedule

107,000,000 (13.7% of current circulating supply)

Total Issuance Amount:2,000,000,000
Circulating Amount (before the release): 676,690,380
Circulating Amount %(before the release): 33.83%
Circulating Amount (after the release):783,690,380
Circulating Amount %(after the release): 39.18%

The amount that is being publicly circulated to date is 783,690,380(39.18%)

Hello, VIXCO Community,

The VIXCO team is thrilled to share some important news with you. We have taken significant steps to enhance the utility and activate trading for VIXCO tokens. We have successfully completed the development of a bridge connecting ETH and Optimism to bolster VIXCO trading services on the Optimism Layer2 platform. This development is expected to greatly improve the liquidity and accessibility of VIXCO tokens.

   • VIXCO Main Bridge: https://optimism-bridge.vixco.net/
   • VIXCO Test Bridge: https://optimism-testnet-bridge.vixco.net/

Furthermore, the VIXCO Store is set to launch with around 500 D2C companies, with plans to expand to up to 3,000 companies in the future. For this, we will be providing 10,000,000 VIX from the Payment Reserve to these companies for liquidity supply purposes, and moving 5,000,000 VIX from the ECO Reward to smoothly support VIXCO token trading and offer an enhanced trading experience to our users.

This achievement was made possible through our collaboration with ibexlab Co., Ltd., to whom we have decided to pay 10,000,000 VIX.

The VIXCO team will continue to work hard to expand the usage range of VIXCO tokens, promote the use of VIXCO in more stores, support the activation of transactions, and provide our users with a diverse and rich trading experience.

We deeply appreciate your continued interest and support.

Sincerely, The VIXCO Team

Token Supply Related to the Bridge Network and VIXCO Store Opening (April 2, 2024)

Announcement

 - Connect to Layer2 Optimism network to reduce ETH gas costs for VIXCO token transactions
 - Development of VIXCO token-based marketplace vixco.store
 - Gathering of stores to join the marketplace vixco.store
 - Open vixco.store beta service

- Completion of 21-inch blockchain Kiosk product development and mass production
 - Completed development and launched Kiosk solution and table ordering solution
 - Registered VIXCO POS, Kiosk, and table order products with the Korea Restaurant Association and jointly marketed them
 - Developed Account Abstraction's Paymaster technology to pay for gas with VIXCO tokens during VIXCO transactions
 - Marketplace vixco.store commercial service
 - Aim to have 100 stores on vixco.store

 - Launch of vixco.store Kazakhstan and global services
 - Target of 500 stores on vixco.store
 - Expand into direct to customer (D2C) business to revitalize vixco.store
 - Launched Paymaster service to pay for gas with VIXCO tokens for VIXCO transactions
 - Develop VIXCO local advertising platform

 - Aim to have 1,000 stores on vixco.store
 - Launch of VIXCO Local Ads service
 - Expand vixco.store outside Kazakhstan (Sri Lanka, India, Japan, Thailand, etc.)

2024 Roadmap

57,000,000 (8.42 % of current circulating supply)

Total Issuance Amount:2,000,000,000
Circulating Amount (before the release):619,690,380
Circulating Amount %(before the release): 30.98%
Circulating Amount (after the release):676,690,380
Circulating Amount %(after the release): 33.83%

The amount that is being publicly circulated to date is 676,690,380(33.83%)

*The exact number of the Circulating Supply may change in real time due to various events and the VIX Pay reward program.
*For that matter, the VIXCO foundation will calculate the circulation supply that will be updated every month, announce it on the VIXCO homepage(www.vixco.net), Xangle, and at the same time conduct a 'Self-Reported-Circulating-Supply' on CoinMarketCap so that this number can also be disclosed to the public.

47,000,000 (8.21 % of current circulating supply)

Total Issuance Amount:2,000,000,000
Circulating Amount (before the release):572,690,380
Circulating Amount %(before the release): 28.63%
Circulating Amount (after the release):619,690,380
Circulating Amount %(after the release): 30.98%

The amount that is being publicly circulated to date is 619,690,380(30.98%)

Total Issuance Amount:2,000,000,000
Circulating Amount (before the release):572,690,380
Circulating Amount %(before the release): 28.63%
Circulating Amount (after the release):572,690,380
Circulating Amount %(after the release): 28.63%

The amount that is being publicly circulated to date is 572,690,380(28.63%)

58,525,077 (11.38 % of current circulating supply)

Total Issuance Amount:2,000,000,000
Circulating Amount (before the release):514,165,303
Circulating Amount %(before the release): 25.71%
Circulating Amount (after the release):572,690,380
Circulating Amount %(after the release): 28.63%

*The exact number of the Circulating Supply may change in real time due to various events and the VIX Pay reward program.
*For that matter, the VIXCO foundation will calculate the circulation supply that will be updated every month, announce it on the VIXCO homepage(www.vixco.net), Xangle, and at the same time conduct a ‘Self-Reported- Circulating-Supply’ on CoinMarketCap so that this number can also be disclosed to the public.

We are announcing that VIXCO will be listed on the KRW/BTC market today on Bithumb, the No. 1 virtual asset platform.

Deposit start: January 5, 2023 at 4:00 PM. Trade start: January 5, 2023 at 7:00 PM. Starting price: KRW market 35 KRW, BTC market 0.00000162 BTC

For details, please refer to the Bithumb notice below. https://cafe.bithumb.com/view/board-contents/1643433

Thanks to the support of the Vixco community, we achieved great results by being listed on Bithumb.

Listed on Bithumb

VIXCO has carefully moved VIX tokens to enhance transparency and efficiency. Swaps will take place within the fly bit exchange.

Swap progress time. February 16th 17:00~18:00

Deposit and withdrawal stop time. February 16th 12:00~19:00

Migration is a process to includes lock-up and incineration functions.

We will notify you when the deposit and withdrawal resume. We are very sorry for the inconvenience in using it. Please continue to show a lot of love and support/encourage VIXCO.

Migration contract address: 0xc0b68EB52c89e3fffa62D78012ac8b661bfAA323. Existing contract address: 0x49bf0220c9ce17e52dcca3d217231746d676085b. Migration ratio: It remains the same at 1:1. Deposit address: 0x67323ccae14fd010354a343c146a16968c05d5df

VIXCO Migration

View all notice

Q2 2020: VIXCO whitepaper release and business model planning

Q3 2020: VIXCO project payment and blockchain solution partner, Ibexlab Co., Ltd., joins VIXCO project

Q4 2020: Verification of blockchain payment system in Kazakhstan (www.yoshop.kz), blockchain POS terminal design, VIXPAY service planning, and system design

Q1 2021: Development of unmanned loan kiosk beta version, blockchain POS terminal development, staking & loan service development

Q2 2021: Wallet and token platform development completed, blockchain POS terminal development completed, VIXPAY pilot service opened, staking service development completed

Q3 2021: Blockchain POS terminal release completed, VIXPAY service launch, PG registration and Rent Pay service launch, unmanned loan kiosk development, loan service development

Q4 2021: Unmanned loan service launch, Kazakhstan blockchain POS terminal supply, overseas branch establishment

Q1 2022: VIXPAY financial services (accounts receivable Buy & Sell) and food supply service for franchisees

Q3 2022: Church donation kiosk pilot service, Kazakhstan VIXPAY service testing

Q4 2022: Kazakhstan VIXPAY beta service opening

Q1 2023: Bithumb listing and follow-up measures after listing, Kazakhstan VIXPAY service launch

Completed

Q3 2023: VIXPAY local advertising platform development, VIXCO Defi service launch

Q4 2023: VIXPAY local advertising service launch, VIXPAY additional overseas expansion

Future

Q2 2023: Additional domestic and international listings, VIXPAY blockchain kiosk mass production

Ongoing

RoadMap

Blockchain POS and kiosk terminals connected to VIXCO Working Node are the core infrastructure of the VIXCO platform. These terminals come equipped with wallets, allowing users to earn or pay with VIXCO Point tokens and serving as a connection point between customers and stores.

VIXCO Blockchain POS Terminal

The digital marketing system using blockchain POS and kiosk terminals, and cloud-based POS systems is a powerful tool for providing efficient and differentiated marketing strategies to stores. Hyperlocal digital marketing system can be used as an advertising platform for companies that want to advertise in the area. Stores can receive fees from companies and post advertisements on kiosk terminals.

Digital Marketing System

VIXPAY is a blockchain-based payment system that provides a convenient solution for customers to accumulate and pay with VIXCO Point tokens using a mobile app. Combined with blockchain POS and kiosk terminals, it creates an environment where customers can easily and quickly accumulate and use points.

VIXPAY Payment System

Solution

The commission revenue generated on the VIXCO platform is distributed according to the proportion of VIXCO staked in the Working Node, which increases the demand and value of the VIXCO token.

VIXCO is an ERC20 token issued on the Ethereum blockchain network, and it is a utility token that can be exchanged with Point tokens used on the VIXCO platform. The VIXCO platform provides payment, digital marketing, CRM services, and additional services to merchants and customers based on a Staking-based token economy. To operate a Working Node, a certain amount of VIXCO tokens must be staked, which allows partners to recruit VIXCO merchants and customers.

Token

ERC - 20

VIXCO Token Distribution

Token Name :

Total Supply:

Protocol:

33% Payment Reserve

17% Eco-Rewards

15% Operation

13% Partnership Reserve

7% Marketing

5% Team

5% Advisors

4.9% Early Investor

0.1% Token Sale

VIXCO Token Information

VIXPAY is a blockchain platform that connects merchants and consumers. It can be easily used at merchants nationwide without complicated sign-up or charging procedures, while supporting the rewards and payment functions of Vixpay. In particular, focusing on the convenience of consumers and merchants, you can use it simply by presenting a QR code and entering a password.