Revisiting Vice (SFW)
Good morning crypto-enthusiasts and happy Tuesday! We're already halfway through May, as blockchain- and cryptoconference season is in full effect all over the world. You know what they say for equity markets - sell in May and go away. Not always the case though - if it was that simple, we'd all be millionaires.
For cryptocureencies, May is always touted as one of the best months. Some analysts even go as far as telling us that May 2018 is the last time one can see Bitcoin below $10 000.
Lets ditch Bitcoin for today and see what niche cryptocurrencies are doing. Lets revisit Vice Industry Token.
Last time we discussed VIT, they had barely a testnet site up (non-functional), that was supposed to show how the final system would work. It didn't unfortunately tell us much, as it was a copy of Steemit, a frontend for Steem blogging network, without any login or voting mechanics at all.
Today, as their token is trading on various exchanges around 1.7 cents/a piece, visiting their Telegram group reveals that they have a new "in-progress" site up at vit.tube. At the moment the site is SFW, as there are no images nor other mechanics at all, yet it's still much more pleasing for the eye to look at than the initial site.
Alas, for us mere mortals or VIT token holders, there is not much to be seen, no progress reports about work being done on the website. There is still time, a month and a half until the launch, the partnerhips with Penthouse and Playboy look promising and as an utility token, which creates further income, the value of VIT will probably grow decently over time.
The new site, complete turnaround from Steemit display, apparently comes from a company called Mechanical Bunny Media, which specializes in repsonsive SEO video tube scripts for professional websites.
As the time for official launch grows closer, VIT tokens start looking heavily underpriced. As the bounty program VIT owners might finish dumping their free coins soon, one can hope to start seeing price stabilization and upward creep soon.
The price structure needs some work by the bulls as price has been steadily declining. Still, as the future is open for utility tokens, this is not bound to last
Visit VIT Telegram group here: https://t.me/viceindustrytoken
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Thanks for the heads up, I haven't been paying much attention to Vice lately so this is a timely update! The new test site certainly seems quite different from the original Steemit clone. Here's hoping it works out well.
As long as the Mt Gox trustee doesn't keep on dumping the 200,000 bitcoins he has to get rid of on the market the rest for of the year. These huge sell offs of BTC really upsets the markets. Otherwise, I have high hopes for BTC. I hope it will be the last of the $10,000 after May.
i hope they go up i have lots of them since they are cheap. hope also the BTC prediction comes true
Furious-one good morning my dear friend.. we hope for the best