Average rating : MEDIUM
Vid is a privacy focused AI video journal app that allows you to remember your life and monetize your memories.
|Crowd-sale:||May, 22nd - TBD||ENDED||0 /500,000 USD raised|
|Ticker:||Available for token sale:|
|Token type:||ERC20||Private-sale/pre-sale token price:||/|
|Accepts:||Private-sale/pre-sale bonus:||no info/ no info|
|Prototype:||YES||Pre-sale min/max personal cap:|
|Team:||Crowd-sale token price:||0.02 USD|
|Team residence:||Crowd-sale min/max personal cap:|
|Company residence:||Cant participate:|
❗️New project on the Radar!
@Vid_app is a privacy-focused AI video journal app that allows people to store and monetize their memories.
Basically, it's a Dapp that allows people to store their media in a secure way using blockchain and sell to counterparties the content (Big Data) collected. The project has a clear and working business model because there are enough non-blockchain apps that do the same stuff for years. Blockchain provides Vid with the advantage of blockchain technology: security, transparency, traceability.
The team consists of 10 experienced members. Co-founders founded a niche fuel company with an over $30M in annual revenue. Moreover, they have already invested nearly $1.5m of their own capital into the development of the Vid platform. The developers have enough experienc, most of them acted as founders or worked on key positions for different start-ups, leading tech companies.
The project had a Live app test launch in 2018 with 30,000 users registered within a few weeks.
VID will issue ERC20 tokens that will be swapped with VID EOSIO tokens after the public launch of the platform.
In addition to IEO, Vid is planning to sell 1 million tokens per day for the period of 5 years.
Vid will conduct an IEO on Bitforex TURBO Exchange on 22nd of May.
The IEO Hardcap: $500,000
After Vid’s IEO the market cap of the circulating supply at a token price of $0.02 will be just $1.2m due to the limited token supply
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