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thomasshaw9688 wrote a journal entry about vidyCoin on December 9th 2020
Activity type: Journal entry

Subject: VidyCoin

Memory jog:

Journal entry:

VidyCoin

 

VidyCoin is and always will be the main crypto-currency for the ad product. All purchases, payments, or rewards relating to advertisement products on the Vidy ecosystem will be undertaken via VidyCoin.Token Usage:1) Pay for Ads using VidyCoinAny user can use VidyCoin to pay for their ad campaign and will receive a 10% bonus (in Vidy campaign impressions] or inventory doing so.- This bonus will come directly out of Vidy’s profit for that campaign- The user must pay up front with their VidyCoin balance, which will be then converted into fiat to pay publisher and partners2) VidyCoin as a reward for watching adsVidy will offer a reward of VidyCoins for watching ads, videos, and conducting other user actions on the platform. VidyCoins are specific to a holder, non-transferable but available for use to purchase goods and services on the ecosystem or tradable once listed on a crypto exchange.3) VidyCoin Staking Mechanism to Unlock FeaturesVidyCoin will be the primary currency for staking for both advertiser and publisher. Advertisers can stake VidyCoin to unlock premium features on the ad dashboard that would value-add to an Advertiser’s campaign. Publishers can likewise unlock premium features on the publisher dashboard that value-adds to a publisher’s inventory and user engagement.Short Token Description:All purchases, payments, rewards on Vidy ecosystem will undertaken via VidyCoin.Vidy – VidyCoin – ReChain (Reward Chain) – Reward City – ReGas Token.


Activity date: December 9th 2020
Activity time:
 
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