Decentralized platform designed to stream audio and video, where users and creators engage toward earning cryptocurrency. BeatzCoin ICO rating – not rated.
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About BeatzCoin ICO (token sale)
A multi-chain, decentralized-model platform designed to efficiently stream audio and video, where users and creators engage toward earning cryptocurrency. Tokens are not intended to be securities tokens in any jurisdiction. Please consult our full disclaimer at the end of this document.
A digital token utilizing blockchain technology.
What are VibraVid and BeatzCoin?
VibraVid is here to change the way consumers interact with digital content, while increasing the revenue potential of content creators. VibraVid is a free P2P/peer-topeer desktop and mobile streaming application that enables users to view and listen to content created by video and audio creators.
VibraVid is a platform for creators to upload, store, market, lease and sell their content to users with the added benefits of being able to crowdfund and sell merchandise and event tickets directly to their subscribers and fans.
BeatzCoin is a cryptocurrency which is the exchange of value on the VibraVid platform. Together, VibraVid and BeatzCoin provide an ecosystem that allows creators and users a means of exchange, peer-to-peer, for goods, services, through bounties, and as prizes. Both, users and creators, are rewarded for their participation by receiving BeatzCoin, which they can use to purchase content, fan merchandise and event tickets, as well as to promote their own content.
With BeatzCoin at the center of VibraVid, we are able to offer both users and creators a new way of earning money for creating, watching, or listening to what they love. While advertising is not a thing of the past, we believe that users should be able to decide if they want to view adverts, and creators should be able to decide whether, and how frequently, advertisements are displayed during the duration of their content.
Some of the ways VibraVid users will earn BeatzCoin are:
- Signing up to the VibraVid platform
- Locking their tokens
- Participating in bounties
- Opting to watch paid to view (PTV) advertisements
- Competing in daily and weekly challenges
Some of the ways creators on the VibraVid platform will earn BeatzCoin are:
- Having their content watched or listened to
- Having the most views in a selected period
- Allowing paid to view (PTV) advertisements on their content
- Receiving tips from viewers
- Crowdfunding on our platform
IEO Token structure
VibraVid will hold a preliminary Token Trading Event, and a Main Token Trading Event. The preliminary will be announced in August 2018 and will run until October 15, 2018. The Main Event will be held on an exchange as an IEO (Initial Exchange Offering). We will be offering 1 Billion BTZC at a value of $.02 The IEO is scheduled to begin May 1, 2019 pending exchange support and VibraVid release.
For our token sale, VibraVid will follow all mandatory legal requirements in line with the KYC (Know Your Customer) and AML (Anti-Money Laundering) regulation and with solutions in place to detect and prevent suspicious activity for our token sales.
As part of the token sale, background and compliance checks are executed on all token buyers. The KYC process is a fundamentally important part of VibraVid’s promise to identify users who require further investigation, and for ultimately providing evidence to enable VibraVid to approve/deny new users.