Lately, most projects running an ICO integrate tokens or coins into their ecosystem as a form of payment. But — crypto crash course incoming — the value of any given cryptocurrency these days is volatile and inflationary. Unfortunately many great ICO projects we follow and admire pause their token sale now, because their token price is fixed to ETH. When the exchange rate crashes the price of their token also crashes and eventually they end up with less money than their original goal was.
In today’s bear market, we at VIDDO find it absolutely critical to protect everyone who believes in our mission, from unnecessary financial risk.
VIDDO Token value in the ICO
VDT price is pegged for USD not ETH, this way your contribution will always have the same value no matter how the market tides are shifting. We also accept ETH, BTC, USD and EUR contributions during the ICO.
VIDDO Token value after the ICO
On VIDDO we separated payment on the platform from token value for one epic reason:
The VIDDO payment system is based on an in-platform Point based payment system instead of inflationary tokens, which means they can be pegged to USD and exchanged for fiat.
One more time: On VIDDO’s video platform, you actually earn your revenue in real dolla dolla bills.
→ This is the part where VIDDO Tokens (VDT) come in:
There are two types of accounts on the VIDDO platform: Basic and Pro. Creators, curators, and viewers with either kind of account can upload videos, tag them, build Channels, watch ads, curate video collections and become influencers, embed VIDDO content on their site, and (or) build a follower base.
Both Basic and Pro users earn Points each time their original or curated content (i.e. shared) is viewed, starting with view numero uno, and creators also price their own videos based on how valuable they think it is. USD 0.20 or USD 200, iPhone uploads to animated masterpieces, you can monetize any form of content! — VIDDO consultancy of course is available when setting the price. And if you’re not a creator, earn AdPoints watching ads or Points for sharing and curating content as a content Curator.
Anyone — creators, curators, advertisers, and regular video loving people — can earn and use points to watch paid videos. The main difference between each account is that only ProAccount holders can cash out accumulated points to their personal bank account every month or post ad content.
There is an upper limit of 100M ProAccounts that can be registered on VIDDO. Ever. And ProAccounts can be purchased with VIDDO Tokens.
→ VDT is a utility token, aka what you can do with a VIDDO Token:
There are two places that you can purchase VIDDO Tokens (VDT).
The first is during VIDDO’s Public Sale, where they will be sold for a fixed price of USD 0.50 per token. After the token sale and parallel with the VIDDO platform, the secondary token marketplace viddotoken.com will launch. This site will be a free market for VDT. The price of tokens on the marketplace will be set by supply and demand established solely by VIDDO’s community, and completely unregulated by the platform..
We anticipate, that as demand for VIDDO ProAccounts grows, so will the value of the token. After the token sale, when the platform launches, VIDDO will start selling ProAccounts for USD 5. But as economics work its magic, this price could grow to USD 50 or much much more.
VIDDO Token holders have two choices:
Join the VIDDO ecosystem by exchanging your token for a ProAccount on the VIDDO platform from q4, 2018.
Hold your token, and become a VIDDO investor. You can always sell your token on the viddotoken.com secondary marketplace.
viddotoken.com
The grand takeaway: VIDDO’s Token and Point based payment system allows the tokens to increase in value.
This gives investors a chance to exchange and trade them later on the marketplace as value goes up. It also lets anyone in the community who creates, embeds, shares and distributes content to exchange their Points and cash out earned revenue to their personal bank account every month, earning for doing what they love. Welcome to the best of both worlds.
VIDDO platform screenshot
Important: VIDDO is already up-‘N-running, we are in alpha testing now, the platform will be launched in Q4 2018 the very latest followed by an extensive go-to-market campaing worldwide in Q1 2019!
Until then, check out our DEMO of the actual VIDDO platform.
https://viddo.io/
https://medium.com/viddo-io
https://www.linkedin.com/company/viddo.com/
https://viddo.io/docs/VIDDO_ICO_Whitepaper.pdf
https://twitter.com/VIDDOio?lang=en
https://www.facebook.com/viddocom/
