Vidion: Platform for freelance video journalism
We are transforming the news industry and inviting thousands of newcomers to join the newsmaker community
- Crowdsale (65%)
- Fund platform (5%)
- Team (12%)
- Bounty (3%)
- Advisers (5%)
- Distribution by key market players (media and correspondents) (5%)
- Reserve M&A (5%)
- Development (20%)
- Marketing (35%)
- Funds for future growth(grants) (15%)
- Team (10%)
- Legal (5%)
- M&A Reserve (5%)
- R&D (neural network) (10%)
Cost of the token1 token for 0.000116 eth
Price without discounts
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Relevance of the problem and Market size
Founders, Team & Advisors
Budget allocation and roadmap
Token economy, Tokenization & Business model
Distribution & Lock up of tokens, Discounts for early buyers
Summary rate the project
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Besides Whitepaper, the project has a short version of it - One Pager, where the main platform features are described. Thus, the website is available also in Russian languages. It means that team members pay high attention to the Russian speaking investors. Marketing is relatively a strong side of the project. There are quite a lot of social media channels ( Bitcointalk thread, Reddit, Medium, Facebook, Twitter, Instagram, Golos).
Risks and disadvantages
First, there are no advisors and partners mentioned on the website. What is more vital is the lack of the working prototype. Thus, there is only 1 asset available for investing - Ethereum, which does not provide investors with a range of options.
Overall, video journalism on blockchain sounds as a promising idea. However, for now, no implementation steps are adopted so far.
Will the participation in the project be free?
In order to attract beginners and to lower the entry barrier as much as possible, VIDION offers free starting positions for the content producers. For the mass media (i.e. the content commissioner), service access will require ownership of VIDI tokens for them to be used as an internal means of settlement between the journalist and the media platform.
Is VIDI token an ERC20 standard?
Yes. This standard is universal and widely accepted. Most exchange platforms prefer to work with it, which improves the liquidity of the token.
Who can rate the media outlets?
The platform users can participate in rating only after their first successful deal. It is done to prevent instances of cheating and abusing the rating system. All ratings given to a media outlet or to a journalist will be seen on the platform to guarantee the fairness and transparency.
How will you perform the transfer of copyright?
When the user uploads their content, they must specify the metadata proving the authorship and uniqueness of the content. All of this data is stored on the blockchain. Each time a deal is complete, all information about the transfer is recorded as well.
How do you moderate the content on the platform?
We introduced a special role of moderator to the system. The duties of moderators include finding copies of a video, removing the videos with suggestive or illegal content, etc. All journalists that break the terms and conditions of service will be banned.
How will you provide the growth of the user base?
We understand, that the key component of the success of the platform is its popularity among the users. A significant part of the funds raised in ICO will be spent on PR and advertisement of the platform, including special terms for prominent media outlets and professional journalists. The notoriety of the platform in the professional circles will be the foundation of the steady growth of the user base.
When will the crowd sale take place?
The closed Token Sale round will take place between August 01 and August 30, 2018. Pre-ICO will start on September 15 and end on October 15, 2018. Crowdsale will take place between November 15 and December 15, 2018.
When will the release of MVP VIDION take place?
According to the project’s Road Map, 1.0 version release will be in December 2018.
How can we make sure, that your smart contracts work?
Our smart contracts are already publicly available on the Ethereum network. TOKEN: https://etherscan.io/address/0x5d028f8219e6c106a6da7e950bf5377590255683; CROWDSALE: https://etherscan.io/address/0x0dfcae44cc341c7262d35d6fb80710dfe85ccacd
Can token holders expect any dividends?
No, as VIDI is a utility token. Tokens can be used on the platform after the official launch or traded on exchanges.
What is the purpose of the blockchain technology for this project? Can other technology be used for its development?
We are aware, that only the vital data needs to be recorded on the blockchain. Any secondary data, that has no relation to the mutual trust of both parties, transactions, and the rating system, will be stored on the local databases managed by PostgreSQL. However, all the key nodes of the platform will be deployed on a decentralized network. Blockchain data storage provides complete mutual trust between the parties. It will enable us to implement sanctions lacking in any other content exchange platform: anonymity, security of payment, transparent system of copyright transfer, independent media rating system. The blockchain technology provides inalterability and incorruptibility of the process, as well as enables to create an internal economy with a variety of functions available for the users of the platform. Internal currency implementation and transparency of interactions are impossible with any other technology.
Is there going to be an additional token emission?
No. Additional emissions lead to the dilution of the existing shares and may invoke unnecessary risks.
Where can I learn more about the functionality of the platform?
You can find detailed information in whitepaper in the “Main functionality” section.