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VideoCoin (VID)

ICO

VideoCoin aims to develope a decentralised video encoding, storage, and content distribution network (CDN), powered by the blockchain.

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Overview

Project industryEvents & Entertainment
Product typePlatform
WhitepaperVideoCoin White Paper Open

What is VideoCoin

Encoding and Storage tasks on the VideoCoin platform are submitted to the VideoCoin Network along with encoder configuration parameters like bitrate, codec, and output containers format, along with an ASK price. Miners compete with other miner to win bid and provide compute power or storage space to the VideoCoin Network.

Retrieval and Distribution tasks on the VideoCoin platform are submitted to the VideoCoin Network along with CDN configuration parameters like geographical region and bandwidth. Miners compete with others to win bid to retrieve videos from storage miners and distribute it to end-consumers, like a CDN.

VideoCoin Blockchain is specifically built to power video streaming which requires fast transaction times.VideoCoin uses proof of work to make use of Hardware accelerated Video functions on GPUs and CPUs and implements a proof of stake model to power complex decentralized video infrastructure.

Details

Pre-sales: Apr 01, 2018 - May 30, 2018
Pre-sale token supply: 106000000
Token supply: 106000000
Soft cap: 15,000,000 USD
Hard cap: 50,000,000 USD
Raised: 50,000,000 USD

Legal

Blockchain Platform: Ethereum

Token info

Ticker: VID
Type: Utility-token
Token standard: ERC-20
Token price in USD: 1 Token = 1.000000 USD
Accepted currencies: ETH
Token distribution:
70% - Miners
12% - Presale
9.8% - Company
3% - Advisors
2.2% - Marketing
1.5% - Acquisitions
1.5% - Foundation

VideoCoin Roadmap

1
April - May 2018

End of VideoCoin Token PreSale.

2
July 2018

VideoCoin Pre-Sale Token Accepted on Live Planet, Inc Cloud. Pre-Sale Token Distribution.

3
January 2018

VideoCoin Network Alpha.

4
July 2019

VideoCoin Network Beta.

Project team

Halsey Minor
Halsey Minor
Internet visionary who has to date founded or co-founded technology companies th
Devadutta Ghat
Devadutta Ghat
Founder & Chief Architect of the Intel® Video Transcode Service
Seth Shapiro
Seth Shapiro
Leading advisor in business innovation
Hanno Basse
Hanno Basse
Chief Technology Officer
Ted Schilowitz
Ted Schilowitz
Residence at Paramount Pictures
Michael Terpin
Michael Terpin
co-founded BitAngels
John Ward
John Ward
Senior Vice President of Content Operations for DIRECTV/AT&T Entertainment Group
Lauren Selig
Lauren Selig
American film producer
Randall Kaplan
Randall Kaplan
co-founder of Akamai Technologies
Jason King
Jason King
internet entrepreneur, business executive
Kellam Ames
Kellam Ames
tech entrepreneur and crypto investor since 2012

Social media

VideoCoin web-siteVideoCoin RedditVideoCoin MediumVideoCoinYouTubeVideoCoin TelegramVideoCoin BTCTalkVideoCoin TwitterVideoCoin FacebookVideoCoin Discord

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