VIP AMA | VirtualHash

4 min readJul 29, 2020

a summary of the AMA from VirtualHash

Chevkev: Can you tell a bit more about yourself and why you started the project?

Alfred: Hello. I’m Alfred Peter. Some of you may remember me from the eCredit ECX project. VirtualHash VRT is a concept that was born out of the question: ‘Why spend money on complex hardware and electricity in order to mine crypto if it can be made virtual?’ and thus VirtualHash was born. VirtualHash VRT is a Tron token, ID 1002577

Unlike most proof of stake coins, every X amounts of VRT represents a Virtual miner

Chevkev: What have you been working on in the past few months?

Alfred: The idea is to offer more tokens and better rewards / and airdrops for holding VRT as time goes, so even if VRT supply runs out, the mining keeps going on, VRT becoming a hash power marketplace

i have been working on Galactic 123. Galactic 123 is a scifi space exploration videogame where players can earn ECX and VRT for exploring planets and fighting monsters. Not only a game, it is also a free traffic exchange too, where you can get more hits to your website or blog for free, and/or by using the various tokens. VirtualHash VRT is going to be a usable currency in this platform.

Chevkev: Do you have a preview of the platform that you have been working on?

Alfred: Galactic 123 can be played at galactic123.net It is still very alpha, as features are being added even right now. Not only it is a game, but in a sense will also be a traffic exchange tool. Can use either feature or both. Galactic 123 is also about to become a DApp (Hello DappStats!) in the sense that it has also a new token, Sparknet, that gives daily rewards just for freezing said token, directly related to the game. Whether Sparknet gets added to NoleX or not will depend on various factors. For now let's stay on the subject with VRT.

Chevkev: What is the use-case of your token and what makes it unique compared to other tokens?

Alfred: If you buy and HODL VirtualHash, make sure to introduce your Tron wallet address here: https://virtualhash.net/adddata.php This ensures prompt inclusion in the rewards node.

Two use cases, which have been mentioned in one way or another here:

1) Virtual mining. Receive VRT rewards, as well as BTT and TRX rewards, for holding enough VirtualHash tokens. Will encourage token creators to also airdrop onto VRT holders too.

2) Will be able to buy in-game contents and bonuses in Galactic 123 with VRT. And ad space.

So 20000 VRT = two small miners, or 400 weekly VRT rewards.
But 50000 VRT becomes into a medium miner, with a weekly reward of 1200 VRT :)

Chevkev: What can we expect in 2020 from your project?

Alfred: That's a big question! In my last AMA, I was asked about ECX, and I mentioned about a series of faucets being developed. In this AMA, I mention the Galactic 123 project, and how it uses ECX and VRT, and, I’d say Galactic 123 is a direct result from what I said about ECX.

We can expect a bigger platform where people can interact, have fun, promote sites, and possibly earn tokens.

Chevkev: Is there anything you want to share with the VIP room?

Alfred: Yes. Part of the Galactic 123 project includes a new TRC20 token, Spark Network. It is possible to freeze them and earn daily rewards. Every time anyone sends any Spark, the network ‘taxes’ 2% of it, and distributes among all token holders.

(Deflationary token)
If presale goes well, we might see it here in Nolex.