VIDYCOIN - The Video Layer For Ads Powered by Ethereum

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.