Binance has just revealed its backing for a significant transformation involving the renaming of TomoChain (TOMO) to Viction (VIC).
In today's announcement, it was highlighted that the transition process has been completed successfully.
VIC deposits are currently available on the Ethereum, BNB Beacon Chain, and Viction networks, and VIC withdrawals will be facilitated on the Ethereum and Viction networks.
On Binance, the TOMO token has transitioned to VIC with a 1 TOMO = 1 VIC conversion rate, and the distribution of VIC tokens has been finalized.
Viction, previously known as TomoChain, stands as a user-centric layer-1 blockchain, aiming to provide zero-gas transactions and enhanced security to ensure Web3 accessibility and safety for all.
With a strong emphasis on user experience, Viction places importance on zero gas transactions, speed, security, and scalability, all geared towards fostering a safer and more accessible digital world.
Viction boasts a network comprising 150 master nodes utilizing Proof-of-Stake (PoS) consensus, underscoring its scalability and stability features.