Getting Started with VCORE

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What is VCORE?

VCORE is IMVU's newest metaverse token that rewards the community for their engagement and will empower users to shape the future of the metaverse. Holders will be able to play, earn, and experience true ownership and rewards of digital assets within the IMVU metaverse.

VCORE is now seamlessly integrated into the IMVU platform for participation by users who reside in eligible jurisdictions. It appears similar to how VCOIN is represented on-platform today for a seamless in-game experience. Users residing within the United States and Canada (along with other select jurisdictions provided below) will not be able to participate in VCORE for regulatory and legal compliance purposes.

What are metaverse and crypto tokens?

A metaverse token is a crypto token built for the metaverse, and users within it.

A crypto token is a digital asset that can hold real value, and can be securely stored, sent, and received through peer-to-peer transactions globally using blockchain technology.

How does VCORE work on IMVU?

VCORE is now seamlessly integrated into the IMVU platform for participation by users who reside in eligible jurisdictions. It will appear similarly to how VCOIN is represented on-platform today, for a seamless in-game experience. Like VCOIN, VCORE will be stored on your IMVU account’s digital wallet. Users residing within the United States and Canada (along with other select jurisdictions provided below) will not be able to participate in VCORE for regulatory and legal compliance purposes.

What is a digital wallet?

Your digital wallet is connected to your IMVU account and holds all your VCORE, VCOIN, and IMVU NFTs.

What’s the difference between VCORE and VCOIN?

VCORE is an international exchange-listed token that will empower players to own, participate, and earn in the IMVU metaverse economy. VCORE is intended to provide additional features that VCOIN does not provide to users. IMVU envisions that these features could include rewards for participating in IMVU, allowing users to help shape the IMVU metaverse through governance, on-platform and off-platform rewards, and future possible utilities such as NFT rentals.

What does “exchange listed” mean?

Exchange listed means that a crypto token is “on” an exchange where users can buy or sell (trade) currencies such as VCORE, Ethereum, Bitcoin, etc.

What does governance mean?

Governance really means “voting power”. IMVU envisions that holders of VCORE will eventually be able to vote and provide input on a variety of issues related to the VCORE and IMVU communities, with possible options including development, operation, direction, partnerships, and other issues related to the community. 

Will the price of VCORE fluctuate?

The value will be determined based on market conditions along with various factors and will be subject to change accordingly. We encourage the community to do their due diligence, check out the VCORE Litepaper and Whitepaper (coming soon!).

When will VCORE be available on IMVU?

VCORE is now integrated into the IMVU platform for participation by users who reside in eligible jurisdictions. It will appear similarly to how VCOIN is represented on-platform today for a seamless in-game experience. Visit the VCORE website at https://getvcore.io to get the latest updates on VCORE. 

How can I get VCORE? 

You cannot purchase VCORE currently, but we hope to enable purchasing soon!

Who will be eligible to participate in VCORE?

Although VCORE is a global crypto token, the sale and purchase of VCORE will NOT be available to any residents within certain countries, including the United States and Canada. A full, up-to-date list of regions where users are ineligible to purchase VCORE can be found here.

What are the benefits of using VCORE?

The IMVU community will be rewarded on-platform for their in-IMVU activity using VCORE. Rewards may include things such as exclusive access to events, special NFT drops, access to special rooms, or other future features in IMVU. Off-platform, IMVU users will be rewarded for holding VCORE with possibilities including voting and governance, partnerships, events, and more.

As the community and interest in VCORE grow, rewards associated with VCORE may also grow and change.

What happens to my VCORE if my IMVU account is banned or deleted?

If your IMVU account is banned or deleted, your VCORE will remain in the wallet associated with it. If you have trouble locating your wallet’s address, please contact customer support. 

Where can I learn more about VCORE?

Eligible users interested in learning more about VCORE can find more information on the official VCORE website, https://getvcore.io.