PREAMBLE
With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.
While this revolution is gaining wide acceptance, Vidy has invented the first invisible layer of insertion of a page for video, executed in the chain of blocks of Ethereum.
With just a pause, users can now reveal small hyper-relevant videos hidden behind the text of any page on the web, unlocking a completely new dimension on the Internet.
But before we go any further, please check out this video presentations to get acquainted
Now that I have your attention, let’s get right to it.
What exactly is VIDY?
Vidy is the world’s first decentralized ad network, powered by the ethereum blockchain. Vidy’s ad platform allows advertisers to embed video ads directly into hyper-relevant website text, improving user experience, ad conversions and publisher payments.
With just a pause, users can now reveal tiny hyper-relevant videos embedded in the text of any page on the web, unlocking a whole new dimension of the internet. All ads are placed with an NLP consensus protocol driven by miners.
With a team of veteran engineers, industry-leading advisors and world-class brand partners, Vidy is on it’s way to reinventing online advertising, e-commerce, and entertainment.
The VIDY Ecosystem
Vidy’s ad placement mechanism is a proprietary open-source NLP protocol, run by miners, that automatically places video ads on a massive scale into the hyper-relevant text of millions of publisher pages.
Publisher / Advertiser Dashboard
Publishers and advertisers get acccess to a dashboard where they can manage their campaigns and upload their video advertisements. They can adjust live campaigns, view statistics on each campaign and individual video ad’s performance, and see analyrics on users and publishers to evaluate how they are performing and iterate copy and creative accordingly.
Video Ads
Circular hyper-relevant tiny videos that pop up while holding down on Vidylinks.
Application Layer
The application layer is the consumer-facing distributor of video ads across the web, encapsulated in an SDK that can be installed with just a tap by any publisher.
Indexed Websites
Vidy indexes hundreds of millions site pages and parses the natural language on screen for matching against the NLP Protocol. This becomes the total available inventory for ad placement on live ad campaigns.
NLP Protocol
Vidy’s ad placement mechanism is a proprietary open-source NLP protocol that automatically places video ads on a massive scale into the hyper-relevant text of millions of publisher pages.
Consensus Layer
The consensus layer receives user data along with ad performance information from the data layer and processes it as inputs in the placement-scripts that it runs. This is done in conjunction with decrypting the smart contracts that are handed off for user-data target application.
Data Layer
The data layer is the foundation of the Vidy Ad distribution platform, concurrently communicating with the application consensus layers, and transparently maintaining all incoming data in the immutable Vidy ledger. The data layer maintains a record of all embed placements, hold times, VidyCoin payouts, VidyCoin staked balances, and all VidyCoin transactions via the application layer’s one-tap purchase modal.
HOW IT WORKS - Hold To Earn VidyCoin
VidyCoin is Vidy’s ERC20 utility token and the currency of Vidy’s Ad Ecosystem.
Advertisers purchase ad placements using VidyCoin and that VidyCoin is received by publishers and by the miners who run Vidy’s NLP protocol to place those ads.
For the first time ever, when you see a Vidylink and hold down to watch that vidy ad, you earn money.Vidy compensates you with VidyCoin (VIDY) for each second that you hold down. The longer you hold, the more you earn. You can even make a purchase on that video using your VidyCoin with just one tap.
See your VidyCoin balance grow in realtime as you hold down
Swipe up to purchase products with VidyCoin in one tap
Using Vidy
VidyCoin (VIDY) obtains its utility in 3 main ways. You earn VIDY every time you press an ad, use VIDY to make one-touch purchases in the ads, and VIDY must invest as fuel for all advertising campaigns on the platform.
Token Sale and ICO Details
VidyCoin is a utility token, VidyCoin is also the main currency of exchange on the platform for making one-tap purchases through the OTP modal. When you’re holding down and watching an ad,just swipe up to buy the product instantly. The OTP works for purchases, deliveries, reservations, and installs. Vidy’s vision is for VidyCoin to become the main mode of payment for all ecommerce checkouts across the web when users swipe up on an embedded video.
Token Details
Token VIDY
Price 1 VIDT = 0.00002229 ETH
MVP/Prototype Available
Platform Ethereum
Accepting BTC, ETH, ETC, LTC, Fiat
Minimum investment 0.1 ETH
Soft cap 15000 ETH
Hard cap 60000 ETH
Country Singapore
Whitelist/KYC Whitelist
Token Sale
Distribution of Tokens
RoadMap
Q1 2018
Build on 2017 infrastructure
Assemble Advisor Team
Finish the demo product
Prepare for ICO
Q2 2018
Conduct the Vidy ICO
Beta launch platform
Pilot with Publishers
Refine Ad platform
Q3 2018
Expand indexed sites
Unveil OTP in production
Release Control Dashboards
Integrate blockchain pieces
Q4 2018
Launch 10 web hooks
Grow database of Vidys
Acquire 100 top advertisers
Launch user data containers
Q1 2019
Launch V1 of the platform
Index 1 million publisher pages
Release full dashboard
Finalize NLP consensus layer
Q2 2019
Unveil V1 of blockchain
Launch Miner-driven protocol
Index 10 million publisher pages
Expand on all web properties
Meet The Amazing Team
Patrick Colangelo (Founder)
Matthew Lim (Co-Founder)
Dan Sullivan (Strategy)
Jake Rosin (Engineering)
Marco Vanossi (Engineering)
Garrett Wilson (Engineering)
Arria Owlia (Engineering)
Nicholas Kubiac (Engineering)
Harry Yang (Deep Learning)
Luke Goh (Design)
ADVISORS
Be a part of this incredible project. Download the whitepaper for the full scoop.
Till next time…
For more information, please visit:
Website: https://vidy.com
Whitepaper: https://vidy.com/static/whitepaper.pdf
Facebook: https://facebook.com/vidycoin
Twitter: https://twitter.com/vidycoin
Youtube: https://youtube.com/c/vidycoin
Instagram: https://instagram.com/vidycoin
Medium: https://medium.com/@vidycoin
Steemit: https://steemit.com/@vidy
Reddit: https://reddit.com/r/vidy
GitHub: https://github.com/vidy
LinkedIN: https://www.linkedin.com/company/vidyinc
Telegram: https://t.me/vidycoin
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=4607821.0
Bitcointalk Bounty: https://bitcointalk.org/index.php?topic=4562571.0
Author: TheMichaelMatch
My BitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=1326035
Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.