Viction is a Singapore-based Layer 1 blockchain project, originally launched in 2018 under the name TomoChain before rebranding to Viction in 2023. The organisation operates both as a blockchain infrastructure provider and as a strategic investor in projects that build on its network. Its investment activity is closely tied to ecosystem development – backing teams that extend the Viction chain's product surface rather than pursuing broad, sector-agnostic venture bets.
The project's roots trace to the Ethereum developer community. Long Vuong, a former Ethereum Foundation contributor, co-founded TomoChain with a team of Vietnamese and Singaporean engineers. The chain launched with a Proof of Stake Voting (PoSV) consensus mechanism, targeting 2-second block finality and low fees as its core value proposition. After several years of iterative development, the team rebranded to Viction in late 2023, signalling a broader product vision beyond the original chain architecture. The native token was redenominated from TOMO to VIC as part of the same transition. More background on the project's history is available on the official Viction website.
As a corporation rather than a dedicated venture fund, Viction does not publish a formal assets-under-management figure. Its capital deployment appears to flow primarily through an ecosystem grants and investment programme aimed at DeFi protocols, NFT platforms, gaming projects, and developer tooling built on the Viction chain. Public information about the total size of this fund is limited.
Notable investments
Viction has recorded five portfolio investments according to available data, with one as lead. Specific project names from this portfolio are not fully disclosed in public sources as of mid-2026. The investments that have been publicly associated with the Viction ecosystem include early-stage DeFi protocols, on-chain gaming studios, and infrastructure projects native to the VIC chain. Given the ecosystem-fund nature of the activity, many backed teams receive a mix of capital, technical support, and access to the chain's validator and masternode community rather than pure equity or token financing.
- Ecosystem DeFi protocols – early liquidity and AMM projects building on Viction's EVM-compatible runtime
- NFT and gaming studios – teams targeting Viction's low-fee environment for high-frequency on-chain interactions
- Developer tooling – indexing, wallet infrastructure, and RPC providers that reduce integration friction for new builders
Investors and founders seeking a current list of portfolio companies can consult the Viction ecosystem directory or third-party trackers such as Crunchbase – TomoChain / Viction.
Team
Long Vuong (CEO and co-founder) is the most publicly visible figure at Viction. He previously contributed to Ethereum research and has been a consistent presence at blockchain conferences across Southeast Asia. The broader core team includes engineers and protocol researchers based in Singapore and Vietnam. Public information about other named managing partners or investment committee members beyond Vuong is limited.
Recent activity
The 2023 rebrand from TomoChain to Viction was the single largest strategic move in the organisation's recent history. It accompanied a revised roadmap focused on account abstraction, passkey-based onboarding, and making the chain more accessible to non-custodial consumer applications. In 2024 and into 2025, Viction announced incremental ecosystem grant rounds and participated in industry events across Singapore and Vietnam. The team has signalled continued interest in backing projects that use Viction's human-readable account model – a feature designed to reduce friction for mainstream users. Specific deal announcements from this period can be tracked via the Viction blog.
Viction occupies a niche position: it is neither a large independent VC nor a purely neutral chain. Its investment thesis is inseparable from its own network growth goals. Teams that align with the Viction stack and user acquisition story are the natural fit. For projects evaluating Viction as a backer, the strategic value – network integration, technical co-development, and access to the VIC validator community – may matter as much as the capital itself.