Review [IEO] VID - Video journal

nsamir (-1)(1)in #blockchain • 5 years ago

Vid is a privacy-focused, AI video journal app, that allows you to remember your life and monetize your memories

INTRODUCTION

The technology behind bitcoins and other virtual currencies, the blockchain is an open distributed ledger that can effectively and constantly check transactions between two parties. The register itself can also be programmed to start transactions automatically. Bitcoin is one of the best examples, but it has several disadvantages.

This is the incompleteness of Turing, the blindness of values and the time of verification. Turing incompleteness is simply the impossibility of using the while statement for statements. Bitcoin also has a script, but it is equipped with OPCODE, which can only execute a simple command.

Blockchain promises to solve this problem. The technology behind bitcoins and other virtual currencies A blockchain is an open distributed ledger that can effectively and constantly verify transactions between two parties.

The register itself can also be programmed to start transactions automatically. Bitcoin is one of the best examples, but it has several disadvantages.

This is the incompleteness of Turing, the blindness of values and the time of verification.

Turing incompleteness is simply the impossibility of using the while statement for statements. Bitcoin also has a script, but it is equipped with OPCODE, which can only execute a simple command. Blockchain promises to solve this problem. The technology behind bitcoins and other virtual currencies, the blockchain is an open distributed ledger that can effectively and constantly check transactions between two parties.

The register itself can also be programmed to start transactions automatically. Bitcoin is one of the best examples, but it has several disadvantages. This is the incompleteness of Turing, the blindness of values and the time of verification. Turing incompleteness is simply the impossibility of using the while statement for statements.

WHAT IS VID

Vid is a memory media organize; a cloud-based, timetable driven centre-centre for all of your memories. Vid customers will more likely than not recall about each critical depiction Of every single day. Customers will no doubt chase their memory as successfully as we glance through the web using Google.

Vid solved problem by compensating influential individuals and substance manufacturers using blockchain innovations, unmistakably and simply, without human resistance. Each confirmed customer who makes and offers an open Vid on the stage will be qualified to receive tokens. Tokens are distributed among manufacturers decently: based on the number of points of view on their appeal on the Vids Weighted Token, depending on how many clients joined the scene through the D-connection. Further weighing against customers who welcomed the addition of various customers at an early stage. The calculation, which calculates how many tokens are distributed among each manufacturer, uses the following justification: The total number of days per day.

FEATURES OF VID

VID APP

Vid App can store your stories for lifetime long term remembrance memory and keep your memories on the cloud with independent security for an unlimited time.

You can also store and share your memories with other Apps platform which you recorded before in Vid App

Because your data and memories are stored with encryption so no one can access your private data even the Vid App Team or Employes. So then you are completely feeling safe and satisfied with your privacy.

VID CAMERA

Vid.Camera record users memories and upload whether they post in private and public story as they want, this will be stored and uploaded on the cloud.

ZERO KNOWLEDGE ENCRYPTION

All your data on Vid.camera is Encrypted with Zero-knowledge encryption your videos or stories which you want to hide or store on the cloud.

The Zero-knowledge Encryption means that whether you post your content in private or public which content you want to make hiden from others you can be made hidden.

Token info

Ticker: VID token

Platform: Ethereum

Token Type: ERC20

Available for sale: 500,000,000 VID token

Financial

ICO Price: 1 VID token = 0.01 USD

Accepting: BTC, ETH, USD

Token Distribution

FOUNDING TEAM: 25%

VID FOUNDATION: 25%

TOKEN HOLDERS (INTEREST): 25%

API PROVIDERS: 10%

INVESTORS: 10%

ADVISORS & CONSULTANTS: 5%

VID Roadmap

January 2007

Vid’s Founders invest $1.5mil into Vid.

February 2017

Vid development begins.

February 2019

Product 80% complete.

March 2019

Vid selects Eos Blockchain after meetings with most major chains.

June 2019

Product Beta testing.

Q3 2019

Launch of Vid on Apple app Store.

Q4 2019

Launch of Vid on Android opp Store.

End 2019

Launch of Vid Web version

BENEFITS OF VID

VID App provides you independent creator and advertiser relationship. The advertiser can place their brand link into your bottom video swipe-up tool through your audience can relate with ads and don’t confuse with irrelevant ads placement. So you can earn your income independently unlike depending on other platforms policies and rules. Viewers and Creators have a better relationship because of fair and genuine environment.

VID Using Blockchain for Transfer Value and Launched his VID ERC-20 Token but in future, this will 1:1 swap to EOSIO issue when the platform public launch Read More on 5.3 WhitePaper.

VID Token will be used in earning Income and Purchasing paid tier in App For Unlimited App Features Access. Advertiser will Use VID Tokens for Placing ads in Creators Monetized Public Stories.

VID Team

Jag Singh: Co-Founder

Josh Singh: Co-Founder

Maciej Dziedziela: CTO

Bruce Johnson: Senior Engineer

Blaine Solomon: Senior Engineer

Kaz Baygan: Senior Engineer

Advisors

Evan Luthra: Advisor

James Nairn: Advisor

Robby Wade: Advisor

James Kouzinas: Advisor

Jesse Tevelow: Advisor

Simon Bogdanowicz: Advisor

CONCLUSION

The income that Vid acquires will be part similarly among Vid and substance makers. This offers clients an extra chance to acquire on the Vid stage and sponsor their entrance to the paid level. Clients can pay the paid level membership charge either with accumulated tokens or in fiat money. The strategies have somewhat extraordinary instruments to guarantee income is part 50/50 among Vid and makers.