Wrapped Viction
WVIC
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
WVIC (Wrapped Viction) functions as the 1:1 ERC-20 compatible wrapped representation of VIC on the Viction blockchain (formerly TomoChain). Protocol development is anchored in the underlying Viction network, which exhibits active development including the 2026 Network Upgrade Roadmap and mainnet hard forks. However, WVIC suffers from severe structural and market weaknesses as an independent asset. It lacks dedicated governance, brand identity, and wrapper-specific security audits. Furthermore, the token faces critical liquidity constraints with near-zero daily trading volume (~$469) against a modest ~$1.4M market cap, alongside inconsistent aggregator reporting. While no security exploits, depegs, or fraudulent activities were identified, the asset's extreme illiquidity and pure pass-through utility limit its standalone investment viability.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About Wrapped Viction (WVIC)
Wrapped Viction (WVIC) is the 1:1 ERC-20 compatible wrapped representation of VIC, the native cryptocurrency of the Viction blockchain (formerly known as TomoChain). WVIC operates as a static pass-through wrapper designed to enable VIC's utility within smart contracts and decentralized finance protocols on the Viction network. The token shares a fixed maximum supply of 210,000,000 with the native VIC asset and features no independent emission schedule or separate utility.
Development and governance for WVIC are linked to the underlying Viction Layer 1 protocol rather than a standalone team. The base network has maintained ongoing protocol development, including the release of victionchain v2.6.0, the Pre-Prometheus Hard Fork activation, and the Network Upgrade Roadmap 2026. Governance operates via Viction's VIP proposal framework and the Viction Core DAO, with no wrapper-specific governance proposals recorded.
WVIC faces structural and market risks, including extreme market illiquidity with minimal daily trading volume, a low market capitalization, and conflicting data across market aggregators. Furthermore, the wrapper contract lacks dedicated third-party security audits, and the underlying ecosystem has experienced headwinds, such as the delisting of VIC from Binance. Despite these constraints, WVIC has recorded no security exploits, depeg incidents, or regulatory enforcement actions.
