VID is a privacy-focussed AI video journal app that allows you to remember your life and monetize your memories.
VID gives you rewards for your data. In today world, where there are lots of things happen. Today's social media sites steel your data and give it to third party from where they can earn huge amount of money but with VID technology it won't be possible no one can see your data without your permission and it is totally blockchain based technology.
The advertising space has also been disrupted by social media. Every social media like facebook, twitter, instagram, reddit etc. earn money from the advertisement but they did not give you for your hard work. To solve this VID come up with the solution where VID utilizes AI to automatically generate your memories by collecting meta-data from all the popular apps on your smartphone. After that, it will auto-tag them, create a nice little video package, and then organize them in a calendar to give you your own personal video journal.
If you choose to make your VID public, and it includes the auto-generated memory for a particular brand, then that brand will have the opportunity to add a swipe-up link to that memory, provided the user has chosen to monetize it.
VID will not be charging the brands for these auto-generated memories. Also, the users will be pocketing all the revenue that they generate from these brands. VID will not be taking any of this revenue, which is a stark contrast from what traditional social media platforms usually do.
VID is a new advertising model which completely cuts out the model and engages in a fair distribution of wealth.
Apps like FaceApp and Tinder use your private data. But Using the blockchain will give allow the company and the users to interact in a trustless environment. VID using its architecture which is zero-knowledge encryption within its ecosystem, which imparts privacy to its users. Using cryptography, VID users can safely allow the app to access their data, knowing that VID itself will not be able to access it. This will prevent VID from harvesting your data, giving you full ownership over it in the process. Your data is yours and yours alone.
In conclusion, VID is the best for the sharing memories and monetise your today's need and for the privacy based.
Join the VID community and grow with VID.
https://medium.com/vid-foundation