/biz/ - Business & Finance

>>20503773
It is true. Token not needed. Money is not needed either. You can live without it.

>>19760035

What will be our fate, frens? I am scared...

>>17323251
I don't feel bad at them at all. Some people deserve to get rekt if they can't see through the bullshit.

VIDT 1$ EOY MINIMUM

>>17095495

VIDT to VIDS is a scam which will ruin this project. People trust their money for someone just because he is a good shiller and feels nice. How fucking stupid you have to be to not understand that the most important thing for business is to make profit and WIDIDI who owns V-ID is being most profitable when they "scam" bagholders and give them only 1% of the company. There are zero things which are blocking them for doing so. This has worse odds than slot machines.

The whole business plan is fucked up anyways because if they start making some actual revenue big companies can just fuck them up like Acronis is doing already. Acronis won't put so much effort in this currently because the usecase is fucking shit.

Also remember that they don't even have to publish their financial information. How can anyone know that they're not giving AmSpec -75% discount which would be pretty likely.

>See you at 5 cents.
ETH is also nearly $120, like I predicted months ago while ETH was still over $250. How can one man be so correct? Here's another """prediction""" for you bagholders: Devs will abandon development on V-ID within six months and at least half of the current customers will NOT renew. Enjoy!

>>16405769
Anons should be aware of the viability of their investments. Acronis has a 50% Black Friday sale going on, meaning you can validate unlimited number of files on the blockchain for $49 a year (normally $99).

Acronis Notary is now displayed on the home page: https://www.acronis.com/

Tick tock.

Acronis reseller program ensures that if you want to create your own notary service company, utilizing their technology, you do not need to put in the work. You get a dashboard, account features, and everything for your clients. No programming needed. VIDT is dead.

>>16205208
>>16205291
Which also means that VIDT price doesn't matter to V-ID at this point, unless they want to dump. They knew no one would want to invest in a "1 VIDT = 1 Validation" scheme because that would make it a stable coin and have no speculative value.

Reminder: Founder of V-ID was supposedly caught posting about taking a luxury vacation and then quickly deleted the message.

The prophet... warned you all... all you had to do was listen....

>>15800409
ALL YOU HAD TO DO WAS LISTEN.
YOU WERE WARNED.

>>15763226
SOON

>>15727716
I have my eyes on you all. We will verify the crash and burn. You're going to celebrate a +30% pump, where the price will still be 11 cents to 13 cents, think you're back on track, and then it will dump some more. And ETH is going to $120, so you will have to make up for that as well.

V-ID's days are numbered. Hope you still don't hold this shitcoin.

Acronis Blockchain Technology Initiative: https://www.acronis.com/en-us/business/blockchain-notary/

Acronis is a billion dollar company.
V-ID generates less than one million a year in revenue.
Acronis has 18 offices worldwide.
V-ID is ran out of a small office next to Subway sandwiches.
Acronis has over five million customers.
V-ID has 32 customers.
Acronis has a Wikipedia page: https://en.wikipedia.org/wiki/Acronis
V-ID doesn't even come up as a business on the sidebar of Google search.

>Acronis solutions using blockchain technology can protect any data in any industry. Common use cases include property and medical records, chain-of-evidence for court documents, police video or security camera footage, intellectual property bound documents, long-term archiving that could be subject to IT audits, and ‘consortium’ data storage, where multiple entities or individuals need to securely store and exchange massive amounts of data and information.

>Users can upload a file to the storage repository and record the fingerprint of the file in a form of the file’s hash in the Ethereum blockchain. Because the records in the blockchain cannot be manipulated, individuals or third parties can prove authenticity of the file. The completeness of all records and authenticity of each file can be checked automatically or manually.
OH NO NO NO NO

>>15541799
Let's see... Their website shows the Forbes logo, then when you click on it, it only takes you to the front page. Click on Nasdaq and it only talks about a "Chinese E-Commerce Giant" called JD which was a scam and shut down by the Chinese. Then you click on BitCoin Magazine and see it's the same article that was on Nasdaq, which means it's a copy pasted press kit and not actually covered by Nasdaq or Forbes on their own volition. This is done to give you the first impression big financial giants are talking about Devery and are on their radar.

No photos of the team members on the website nor a physical location of their office. Do they even have an office? Let me hand over my money and stock up on EVE so I can get exit scammed. Hard.

Only 2000 followers on Twitter, half of them are crypto moonboys, the other half are bots.

Now watch pajeets respond to this saying the website and social media doesn't matter... When you shit in the streets and beg random women for pics of bobs and vagene, it's no wonder. Now to anyone living in a first world country and who isn't autistic... image matters, as is social proof. And Devery doesn't have it, as much as it tries (and fails). And let's not forget: The CEO is a pajeet. Any more questions?

The only time you can make these retarded comparisions and arguments is if you have real-world adoption and interest or significant partners. Where are they? Nowhere. No one cares about Devery. Fucking shills. Get rekt and left with heavy bags.

That was a copypasta. See pic related. You have been warned. How could I be right about so many of these shitcoins? Hope none of you still hold VIDT.

>>15536104
>>15536112
free verifications 55 cents 5 tokens 11 cents chuck e cheese api token useless without subscription token not needed

>>15473851
>What the fuck went wrong?
You didn't listen.

Customers buy a SUBSCRIPTION plan, where they get 100 file verification for free for $55 or 300 verifications for $165 a month. Anything above this free monthly allotment costs $2.26 to $1.55, respectively. If you buy an enterprise level subscription plan, these prices are significantly less and adjusted by volume.

Therefore, the maximum amount of dollars a file verification could cost for V-ID would have to be less than $1.55. Except for $55 you get 100 file verifications, so that's 55 cents at breaking even. Add in a profit margin of 50%, now you're down to 0.27 cents. Then consider that enterprise level subscriptions get better prices based on volume, let's be generous and say it costs V-ID a whole $0.25 to do a verification because they make less profit per validation on high volume clients.

But wait a minute. The subscriptions also come with widgets, validation portals, staff training on-site, and most importantly (and expensively): customer service. So we know it's even less than 27 cents per file validation just to break even. Because some companies on the cheapest $55 option might only verify 100 files and will not go beyond their monthly allotment. Do you think V-ID would lose money on these clients?

COIN IS OVERVALUED

Token not needed. There is no staking and there is no reason to hold VIDT.

Business wants files verified.
V-ID says that will be 12 Chuck E Cheese tokens or $1.55.
Business pays $1.55 to V-ID.
V-ID takes Chuck E Cheese tokens from their inventory, does the file verification and burns about 3 of those tokens from their inventory.
V-ID hops on IDEX and buys 1 VIDT from you and other anons.
Repeat.

What is the UTILITY of this token for you, anon? Why would hold 10,000 VIDT? Just holding it in case V-ID comes on IDEX and buys it off of you? Is that the utility right now?

Should have listened, faggots.

OH HO HO

BWHAHAHAHAHAHAHAHAHAHA

>muh clients
>muh paintings
>muh "utility" token
>muh revenue
>muh $1 eoy

REKT

VID-T while it's low. Easiest 100x out there.