"The Video Interactive Platform (VIP) utilizes VendiCoins – VENDI tokens to feed all in-app and on-site transactional processes. VENDI tokens are at the epicenter of the Platform. No payment or transaction can be conducted without VENDI, which is regulated by smart-contracts. VENDI tokens are used by and directly benefit all parties involved." The site also states that, "VendiCoins are purpose-built Coins using the Vendio platform that will allow members to use engage in all in-app functions. VendiCoins are utilities tokens which give rights and privileges to their owners when using the Vendio platform and its services. VendiCoins are not securities. VendiCoins are available at a discount during the ICO & Pre-ICO events. Any unsold coins during the ICO will be burned."
Appreciate your answer but to be honest, this is marketing text. There is no use for the token itself. You just use it on your site, that's it. This is no real benefit and gives no solution to an existing problem. At least I can not see it clearly. Youtube handles this with real cash pretty fine and I can not see an advantage of using a token here.
View our timeline located at
http://vendicoins.com/#timeline. We have a great plan for future expansion. We also, have a sample on our site that shows you how our platform is superior to that of Youtube's advertising, in real time. Youtube has changed the way the pay influencers and their viewership has declined significantly in the recent past. More info on this and other martket research which show's why Vendio is superior can be found in our Whitepaper located at:
http://vendicoins.com/wp-content/uploads/2018/02/Vendio-ICO-Whitepaper.pdf Vendio is currently working with many top youtubers who will soon be publicly endorsing our platform in the coming weeks and stating that they will be using Vendio!
Now you got my attention. You want to compete with Youtube. Okay.
- Max file size when uploading videos?
- How many videos can be uploaded per account?
- Is there any limit regarding length of videos or file size?
- What kind of movie files are compatible?
- What about copyright infringements?
- What max resolution and max fps are for videos?
- What happens for lower resolution videos? Will they be upscaled, downscaled or transformed?
- How do you solve the problem related to copyright at all? Are there strikes like on Youtube? How is this working? Who can claim any copyright and how?
I run a 100 mio+ Youtube channel on my own, so I am very interested in this. About the domain, yep I was wrong and deleted that part of my post. You have just been too quick.
To address the statment of "There is no use for the token itself. You just use it on your site, that's it.", you're mistake. Yes, the token is only used on our platform. But, in order for an advertise to post an add, they need Vendi. In order for a publisher to accept an ad, they need Vendi. To withdraw funds, they need Vendi. All actions on the site require Vendi. The Vendio Platform will be similar to youtube with better benefits for publishers, views and advertisers alike because;
-- Advertisements are more relevant = Better target marketing for the Advertiser
-- Better clicks because the advertisements makes sense = More money for the publisher
-- Better user experience for the viewer because the ads are specific to what their watching in real time
All around, this is a better video platform for viewing, advertising and publishing. All videos can be shared to any website or social media just like Youtube videos are able to be shared.
To address your remaining questions;
The technical specs of upload limits etc.is something that will be determined when the time comes. Right now, we are at the development stage. However, we aim to one-up Youtube on every feature you mentioned. But, at the moment, with the development stage we are in, it would be disingenuous for me to start giving technical specs and promises that we have not yet solidified. Keep an eye out for updates in that department.
What is your youtube? We'll be sure to check it out and subscribe.
I know my answer was lengthy, but I wanted to try to give you a better feel for what we are as a company, platform and token.
The chat filled up quick but is now opened back up. Thanks! 