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/biz/ - Business & Finance

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14192662 No.14192662 [Reply] [Original]

>marketcap
$6.8m

>exhanges
Currently only on IDEX and hotbit. A tier 1 exchange listing is confirmed for Q3, and the team have applied for Binance DEX.

>tokenomics
All validation fees (on all blockchains we support) are paid for in VIDT. Clients can choose between a fixed € / $ fee (dynamic VIDT fee) or real-time market price (minimum VIDT fee). 10% of VIDT spent on validations is bought back at exchanges in unequal parts, at random moments. These tokens will be burned each month. Another 10% of VIDT spent on validations is taken from the Validation Wallet and burned as well.

**monthly buybacks and burns starting July '19**

>partners
Several major clients including Airbus and Amspec. Amspec, a $500m revenue company have integrated the V-ID verification terminal into their website. There is a direct link from the main navigation bar on their website. http://www.amspecllc.com/verify/
They put an original rembrandt painting onto the blockchain and validated its authenticity: https://youtu.be/Zs17a4cDcU4

>adoption
V-ID is a working product with numerous major clients currently using it, and here's the proof.
Look at this: https://www.stateofthedapps.com/rankings
V-ID has already made it into the TOP 50 (!!) of the most used ETH projects. Currently rank 49. It sits among projects like enigma, aelf, golem, decentraland, polymath. Check the marketcap of these projects, then look at V-ID's.

This is EASILY the best bet in low-cap cryptos right now.

>> No.14192725

This isn't your typical PnD shitcoin anons...

>> No.14192727

>>14192662
Did you knew about them planning to create the European standard for GDPR blockchain with LTO network?

Will check out state of the dapps!

>> No.14192735

Bump
$10 by August?

>> No.14192762
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14192762

>>14192735
i dont think so kek
but would be nice though

>> No.14192790

>>14192735
stay grounded anon. $1-2 by august, $5-10 by Q4 19.

>> No.14192799

>>14192727

I mentioned this on the other thread anon but, again, the fact that the V-ID team are collaborating with a serious law firm like CMS and attempting to tackle a significant issue like GDPR to my mind shows these guys are to be taken seriously. May see a small retraction soon, but I reckon this will certainly be a good medium / long term hold...

>> No.14192922

>>14192799
Damn you have to read this, this project is going to be so damn big if they pull this off.

>> No.14192932

>>14192922
Forgot the link, sorry anon.

https://www.linkedin.com/pulse/blockchain-compliance-marnix-van-den-berg/?published=t