A new tech startup called Vendicoin has been quietly developing a new video and advertising platform that counters this problem and might be the answer we’ve all been looking for. Its unique approach to video advertising is unlike any before it. The platform utilizes artificial intelligence to connects relevant ads to what is being watched, in real time. The startup has successfully appealed to the cryptocurrency market after recently launching a token sale which has got crypto enthusiasts, tech geeks, and ICO-tracker from all parts of the globe, raising eyebrow and giddy with anticipation.
What is Vendio ?
Vendio is a digital advertising platform designed to take into account videos. This platform bridges the communication gap between media publishers, viewers’ interests, and advertisers by linking relevant advertisements to publisher media consumed by viewers. This platform is built around smart contract that are run using Vendio tokens.
The Vendio Platform applies an ownership tagging algorithm that is added to the video content section at a specified time for the duration of a particular video, selected by the publisher. These tag accurately describe the visual content displayed during the selected time period. The data contained in this tag is then shared with prospective publishers who choose the publisher who chooses the best ad to match the specific content marked by the publisher at a specially selected time period.
How will the VendiCoins Video Interactive Platform work?
Companies that want to run ads on the platform would need to register and create campaigns, setting aside money to be transferred through smart contracts, which would be used to specify terms such as campaign length. The platform will allow publishers to upload videos and select time intervals within them that could be offered for sale as ad slots with their own tags describing the content. They would set prices per 1,000 views. Those tags will be used by Vendio's AI algorithms to match videos with ads offered by the advertisers. Algorithms will also ensure that the ads will not conceal anything important. Both advertisers and publishers will have access to real-time analytics through an account dashboard. They will all be assigned publicly visible VendiScores based on their effectiveness. The platform could support ad videos as well as pop-ups.
VENDI will be used by all stakeholders to pay applicable gas fees. Paying for services could be done using fiat (and prices will normally be set in US dollars), but VENDI payments will be made at a 25% discount. Advertisers that hold at least 5000 VENDI will automatically receive further discounts. Both publishers and advertisers could offer VENDI rewards to users for watching videos or sharing them with others. The platform may offer automatic rewards to its viewers as well in exchange for performing those and other tasks, such as helping tag videos and timeslots. Finally, VENDI could be used to purchase goods and services from companies that advertise them on the platform.
Vendio Token Sale Overview
Because it has become a tradition, VendiCoin themselves will circulate throughout the project ecosystem. Advertisers use VendiCoin to pay for offers to launch ad campaigns for publisher content and to place the ad itself.
In addition, payments in tokens will be far more profitable than fiat funds. With Vendi Token, advertisers will reward viewers for watching. For advertisers with a balance of more than 5,000 tokens hosted on the platform, there will be a large discount per click.
Vendi Token isEthereum ERC-20 utility tokens that can be used in various ways within the Vendio Platform, such as :
- Advertising placement fees
- Means of payment for vendor’s goods offered on their websites
- In App purchases
- Pay for all in App fees
All prices on the platform will be determined at a more favorable level than fiat or digital currency.
Vendicoin token is the core of all transactions made in the Video Interactive Platform (VIP). No payment or transaction can be conducted without VENDI, which is regulated by smart-contracts. The primary issue of VENDI tokens will be after the Token Sale.
Customers who want to pay for services in Fiat on Vendicoins pay an additional 25% fee. Clients can do both — the use of token and non-token systems, but the use of VENDI tokens offers significant benefits such as discounts.
Token Details
- Token VENDI
- Platform Ethereum
- Type ERC20
- PreICO price 1 VENDI = 0.20 USD
- Price in ICO 1 VENDI = 0.20 USD
Min. investment 100 USD
Accepting ETH, BTC, BCH
Hard cap 10,000,000 USD
Roadmap
April 2017
Initial Business Development
July 2017
Market Research & Development
September 2017
Platform Development
Important Links:
Website: http://vendicoins.com/
WhitePaper: https://bit.ly/2q5Q4IW
Telegram: https://t.me/joinchat/HCl36RCLnr_4kmdOdRW-rg
Facebook: https://facebook.com/vendicoins
Twitter: https://twitter.com/vendicoins
Medium: https://medium.com/vendicoinsico
ANN: https://bitcointalk.org/index.php?topic=2912833.0
Author:
Bitcointalk username: toheed2x
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1770501
Telegram: @Sheelamar