VIDDO is pioneering a Pay-Per-View (PPV) video sharing platform that offers monetisation for ALL!! VIDDO is two years into development with USD 1 million already invested, and ready to launch in Q4 2018. This fair revenue distribution video platform pays every time your video is viewed. You simply pay for what you consume and earn on what you share. It’s a no-brainer! Oh, and it uses blockchain to ensure transparency for its users and content creators.
VIDDO aims to promote the virality of videos, so it rewards all views of posted, shared or curated videos and also rewards users with VIDDO points for watching ads. Anyone with an account can be a curator or watch ads, therefore everyone can profit. Earned points can be used to purchase paid video content, or exchange for cash-outs.
CHALLENGES AND MARKET GROWTH TREND
The growth of video sharing platforms resulted in news and media being sourced more frequently online, especially by Generation Y and Z. In 2017, the growing demand and consumption of VoD amassed to an almost 47 billion USD worldwide ecosystem, which is estimated to reach 83.4 billion USD by 2022. However, while the market is increasing in value, content creators do not receive an equal share of the revenue. A new model, boasting fair revenue distribution, is thus required.
The bombardment of ads resulted in 616 million devices currently being installed with Ad Blocker software, which makes it increasingly difficult to reach audiences online. New, more customised, customer-centric ads and channels are needed to address this issue.
It is unsustainable for video sharing platforms to rely on ad revenue (Advertisement VoD) and subscription payments (SVoD) because it doesn’t allow for the generation of an adequate or predictable income, the cost of advertising will rise and conversion rates will continue to fall, and consumers will not be able to afford to subscribe to a growing number of different platforms.
ADVANTAGES
Anyone can monetise —
VIDDO rewards content creators and content distributors for every single view and click that a video on their platform receives. This transparent and simple payout system fairly compensates micro-influencers with smaller follower bases that are way more engaged than those of celebrity influencers. It also opens up the playing field for amateur content creators creating videos on niche topics. Looking at you, DIY pet squirrel costume how-to’s.Transparency — Video views and clicks are tracked automatically and transparently on the blockchain ledger, and creators and curators with ProAccounts can track their daily data and calculate revenue. No one else sees this data unless you choose to share it with them. Creators or curators ready to sell their channel can use this data to prove the value of their channels, eliminating any chance for fraud.
Access to a dynamic content library — Uploading and storing content on VIDDO is deliberately cost-effective and predictable. This low barrier to entry makes it inviting for content creators of all sorts of genres, guaranteeing an exciting library of cont4ent for viewers across interests.
Copyright compliance — In the VIDDO system, stealing content in order to profit from it is pointless, because distributors are already automatically rewarded for sharing copyright compliant content direct from the creators. Instead of chasing down content pirates or begging admins to restore your mistakenly deleted content, you can take your dog for a walk. Or have a cocktail. Or both.
Virality — Views of shared content that happen on any platform are rewarded, encouraging mass distribution, aka virality. Videos can be shared either on VIDDO, or through an embedded link on a third-party platform. This system completely eliminates copyright infringement or stolen content, by rewarding shares of original content.
Ad engagement — Imagine a world where you’re rewarded for watching ads directly relevant to you, when you feel like it. Mm. Likey? This is the VIDDO world, and it’s changing how people feel about ads forever. By fostering a positive attitude towards ads, advertisers can increase conversions, decrease ad spend and transparently conquer ad fatigue. The cherry on top: Your ads will never end up playing before undesirable videos again.
Financial viability — The reasons listed above wouldn’t mean much without a sustainable platform. VIDDO’s business model is built on a diverse series of revenue streams, from both transactions and ads. Because VIDDO plan on being a fair revenue distribution video platform for a very long time.
MILESTONE
Q2 2016
Concept Development
Q1 2017
Opening office in Budapest
Development of VIDDO Platform architecture and web
Q2 2018
Opening office in Malta
Preparation for ICO
Alpha testing
Q3 2018
ICO
Opening office in New York
Beta testing
Feature developments
Mobile App Developments
Marketing Preparation
Q4 2018
Launch
Q1 2019
Launch VIDDOSHOP
Q2 2019
Launch Mobile Apps
Cryptocurrency payment integration development
Q2 2020
Open Office in Asia
TEAM MEMBERS
- László Tamás
FOUNDER & CHIEF OF STRATEGY 2. Gábor Sipos
CO-FOUNDER & CEO - Gábor Habó
CO-FOUNDER & INTERNATIONAL LAW - Attila Csabai
HEAD OF PRODUCT - Edith Kalocsai
ICO PROJECT MANAGER - Zsófi Tóth
CHIEF MARKETING OFFICER - Love Akpan
COMMUNITY AND COMMUNICATIONS MANAGER - Macher Szabolcs
HEAD OF MARKETING - Győző Paulik
CHIEF TECHNOLOGY OFFICER - Roland Drajkó
LEAD DEVOPS ENGINEER - Balázs Tóth
FRONTEND DEVELOPER - Szabolcs Kurdi
SENIOR FRONTEND DEVELOPER - Miklós Varga
BACKEND DEVELOPER - András Herbály
BACKEND DEVELOPER - Péter Bács
FINANCE AND TREASURY - Ádám Németh
CUSTOMER HAPPINESS HERO - Máté Fügedi
PARTNER HAPPINESS HERO - Dorina Pintér
PROJECT SUPPORT - Gergő Devecseri
EMAIL MARKETING SPECIALIST 20. Réka Forgách
CONTENT CREATOR - Robert Magier
SMART CONTRACT DEVELOPER 22. András Fuchs
BLOCKCHAIN SPECIALIST - Ferenc Orosz
IT SUPPORT - Gábor Pataki
ICO ADVISOR - Béla Németh
MEDIA AND EXPANSION ADVISOR 26. György Fehér
LEGAL AND EXPANSION ADVISOR 27. Karl Schranz
ICO STRATEGY AND LEGAL ADVISOR - Dr. Christian Ellul
ICO STRATEGY AND LEGAL ADVISOR - Dávid Pap
FINANCE AND TREASURY ADVISOR - László Killik
TAX AND BOOKKEEPING ADVISOR 31. Richard Deák
DEVELOPMENT ADVISOR
CONCLUSION
Online video sharing platforms have become the main source of news and entertainment especially for young people, making these platforms the most effective and the most popular marketing tool in recent years. Half of Generation Y and Z watches online VoD content daily, fuelling an almost 47 billion USD worldwide ecosystem in 2017. With an average YOY growth of 15%, this could reach 83.4 billion USD by 2022. Still, content creators won’t receive their fair share of the revenue, neither today, nor in 2022, unless a new solution is found to disrupt the burning imbalance in revenue distribution which is the problem VIDDO is poised to solving by rewarding people for their work. Taking a look at the experienced team it boasts of, this project will break even and disrupt the imbalance on ground.
Read More On
https://viddo.io/
https://bitcointalk.org/index.php?topic=4664376.msg42096764#msg42096764
https://viddo.io/docs/VIDDO_ICO_Whitepaper.pdf