/biz/ - Business & Finance

>>15152050

7) Currently focused on B2B (BUSINESS TO BUSINESS) but also looking at developing B2C (business to customer) solutions. This includes an app in progress which will allow normies to download and verify documents and place them on the blockchain

8) USE CASES are limitless at the moment, just a few the team is looking into at the moment:

8A) verifying PATENTS GLOBALLY, something which is a HUGE gap in the market right now (there could be patents filed in EU for example but not US, causing issues, this will be a GLOBAL PATENT verification platform)

8B) Making KYC Verifications MUCH MORE EFFICIENT (once KYC info is verified once, you will NEVER have to do it again.. think of the cost savings this will provide to clients, financial institutions and businesses) and think of the convince it will bring to end-to-end consumers.

9) TIER-1 EXHCANGE LISTING CONFIRMED BY THIS MONTH OR SEPTEMBER, Although there is currently a liquidity issue, there is still not much attention brought to VID-T, the team have confirmed a listing and there is rumours it is binance, VID-T is currently not easily accessible and one this happens it will blow up in price.

10) Most importantly, VID-T is CURRENTLY GENERATING REVENUE: 90K REVENUE IN JULY ALONE tell me one other crypto to achieve this? Usage is GROWING EXPONENTIALLY, 300 Validations April -> 7500 in May -> so much more right now, take a look at the usage dashboard for yourself, there is literally verifications EVERY FEW MINUTES as we speak.

https://about.v-id.org/vidt-usage-dashboard/

11) One of the best TOKENOMICS MODELS I have ever seen.

11A) MONTHLY BUYBACK from exchanges of 10% of all validations [This was 438K tokens in July 2019]
11B) MONTHLY BURN of 20% of all tokens used for validations/verifications

What VID-T is doing is revolutionary, it WILL become the industry standard in verifications, ONE OF THE THINGS THE BLOCKCHAIN IS ACTUALLY GOOD FOR. Think DocuSign ($8B MARKETCAP) ON STEROIDS.

Dutch scam confido 2.0 this is an exit scam waiting to happen

>>15152079
vidt didn't partner with link, so it probably isn't a scam.

Did you know all verifications are free on all subscription plans? One hundred validations are free for clients even on the $55 option. One validation is worth less than 55 cents, once you factor in profit margin and everything else the subscription offers to clients. Keep in mind, one validation costs at least 5 tokens. When you do the math, it's around 11 cents.

Tokens are divisible, except no reason why it would be necessary. There's a huge supply and it's a Chuck E Cheese token. V-ID could print eight trillion tokens out of thin air. It has no utility outside of the V-ID API. V-ID doesn't give a shit about the price, as they're paid in FIAT. V-ID makes majority of its revenue from subscription plans, servicing, and on-site training.

Token not needed. There is no staking and there is no reason to hold VIDT. Token is useless without a subscription plan.

The token has no utility. Why would hold 10,000 VIDT? Holding it in case V-ID comes on IDEX and buys it off of you? What reason is there to even do a buyback other than to pacify bagholders? It's also a security token in the eyes of SEC and will be delisted from IDEX.

>>15153059
>all verifications are free
>goes on to explain on how every single verification returns a profit
>always do the opposite of what /biz/ says
I'm in a real pickle here.

>>15153156
>verifications are free
>validations cost money
>cannot distinguish the difference between the two words
Quite the DILLemma hehehe

Dent 2.0

>>15153219
That would be sick. That's how you know this will be a moon mission. When the FUDers say it will only 6.6X.

>>15153059

You know that price clients pay is a FIXED FIAT PRICE right? Has nothing to do with the token price.

Stupid argument, FUD HARDER.

>>15153059
Also there is no huge supply, validation wallet is locked retard.

THIS IS A 5M MARKETCAP WHAT HUGE SUPPLY

>>15153994
>You know that price clients pay is a FIXED FIAT PRICE right? Has nothing to do with the token price.
Exactly. The token is worthless and the price is still overvalued. Good day sir.

>>15154012
>Also there is no huge supply, validation wallet is locked retard.
Wrong. Whale owns more than the team. Locked until 2020 and then he can crash the price with no survivors. He bought VIDT for fraction of a penny. Good day sir.

>>15154177
>implying the whale will just straight up market dump
he's not actively trying to suppress the price. he'll try to exit while maintaining the value of his coins, so he'll avoid massive red dildos and focus on small increments and otc trading instead.
he owns roughly 20% of the circulating supply, so we'll see a 10%-15% decline if he doesn't fuck up. 10-15% is irrelevant in the crypto space.

>>15153059
So the only reason VIDT could increase is based off of random speculating?

Ek onkar satnam kartapurakh
Nirmoh nirvair akaal murat
Ajuni sabham
Guru parsad jap aad sach jugaad sach
Hai bhi sach nanak hose bhi sach
Soche soch na ho wai
Jo sochi lakh waar
Chhupe chhup na howai

$35 is the ceiling. Anything less is FUD.

>>15154332
There aren't enough buyers, so let's not pretend if he were to dump 20% of the supply it would only affect the price 20%.

>>15154541
If it were a utility token, the buybacks and burns are not needed. Since they evidently need to do buybacks and burns, and the token is useless without a subscription plan, it's a security and speculative token that is not really needed.

>>15154672
>There aren't enough buyers
vid itself will buy and burn circa 60k tokens this month alone. this burn is fiat based and will only increase if vidt dumps more.

>>15154935
>vid itself will buy and burn circa 60k tokens this month alone.
Shady as fuck.

>>15154956
https://about.v-id.org/vidt-usage-dashboard/

>>15155215
>Goal of our tokenomics is to align the incentives for V-ID and V-ID investors.
SECURITY TOKEN

>>15155257
So what? Since when did security token = shit??? We will have the option to trade the token into shares later, allowing us to own equity in the company, of which seems to be growing nicely, so what the fuck is your point?

>>15155257

UTILITY TOKEN faggot.

THE UTILITY BEING THE STORAGE OF THE DNA/FINGERPRINT OF THE VERIFIED FILES WITHIN THE TOKENS ON THE BLOCKCHAIN.

What a retard, DYOR.

Without the tokens, where would the fingerprint of the verified files be stored?

On thin air?

What a retard.

FUD HARDER.

>>15154672
imagine being this fucking buttblasted holy shit lmao

>>15155257
>amerilards will be forced to sell at the bottom
based
now let's hope that the indian sec declares it a security too

>>15155360

Its not even a security token. There WILL be a security token released in 2020 but that will be VID-S.

VID-T : UTILITIY TOKEN
VID-S: SECURITY TOKEN.

>>15155257

Seriously, your FUD is so shit. Try harder.

Funding this $7 million coin is litterally illegal

heard of moon3d? 10x or 100x your crypto. ez money

>>15155393
Wrong. Both are security tokens.

>>15155374
Wrong.

>>15155366
Wrong. FUD harder? Price does it for me. Order history on IDEX is 99% all bots.

>>15155379
Correct and let's hope so. This anon has high IQ.

>>15155393
You don't understand. This guy who is always posting FUD about VID ends up saying it is a security token. I don't give a shit. I want him to tell me how the fuck this coin is worthless when we will all have the opportunity to convert to equity with this token.

>>15155696
>I want him to tell me how the fuck this coin is worthless when we will all have the opportunity to convert to equity with this token.
You won't have the opportunity. The whale with the largest supply and maybe the other top 25 token holders will. The whole system is in place as an incentive for the whale to not dump and lock into the smart contract. It's not for you. Do you think V-ID will deal with logistical nightmare of converting every pajeet's 100 VIDT investment into shares in the company? LMAO

>>15153059
bad fud. nuvidters, don't pay attention to this
validations cost fiat. if it was a $.10 transaction, that's .xx VIDT. $10 transaction, still .xx VIDT or whatever VIDT costs at that time. if anything, that model makes holding VIDT that much more valuable. people are willing to spend tokens on validations and it would benefit them to ensure that a validation costs a fraction of a token, so they'll make it happen once big money moves in

>>15155996
>nuvidters, don't pay attention to this
This is how you know a bullshit shill is about to begin.

>>15155775
I am ok with this actually and agree not all poor pajeets may be able to participate in the conversion. They may create a minimum conversion requirement. Anything else?

>>15156052
>Anything else?
What else is there to say? One VIDT is not worth more than 10 cents right now and you will see a correction to the "real" price soon. Bagholders will tell you the price is fixed, clients pay in fiat, one VIDT could be worth $1. Yeah, maybe. If they get at least 200 AmSpec-level companies as regular clients on the most expensive subscription plan for a whole year (do the needful math). If no competition sprouts up by then. If it won't get delisted on IDEX. If the whale doesn't dump. Good luck with all that.

>>15152050
This is a shady partnership pump and dump shitcoin with no need for a token and a ton of marketing material designed to attract new pajeet bagholders. The whole security/VIDT-VIDS/whale matter will suck. Avoid.

>>15156030
shoo shoo, poo poo

>>15154177
Someone stick a gun in this pajeet fudders face. Retarded cockroach.

>>15156160
>Someone stick a gun in this pajeet fudders face. Retarded cockroach.
You sound confident in your investment.

>>15156110

Answer one question for me, how is the token not needed?

Without the token, there is nowhere to store the fingerprint of the file to be verified on the blockchain.

Explain to me how this would be possible without the token please?

Then tell me this is not a utility token.

What is this bullshit FUD are you really that retarded?

>>15156586
>Without the token, there is nowhere to store the fingerprint of the file to be verified on the blockchain.
they could just generate their own tokens for free instead of buying it from exchanges.

>>15156675

And then what about the B2C solutions with the new app being launched which purely uses VID-T tokens?

1. Purchase plans are only for very large clients

2. It is only for the first ever 100 validations, what about after these 100 validations?

What about the API-V3 which relies on the tokens to function automatically, otherwise there would be no automation in the process?

The token in conjunction with API-V3 allows an on-going automated verification process with no intervention from the client, and without them even necessarily needing to be aware of whats going on behind the scenes, without the token, this would not be possible.

>>15156106

Listen to yourself, and like I keep saying, come with NEW POINTS if you are trying to FUD, because what you are saying is completely irrelevant and false. At least say facts instead of resorting to lies.

Furthermore, the whale bought at $0.20, and this has been confirmed multiple times.

There is NO WAY he would sell at a price lower than this, what is the incentive for him to do that?

With the tier 1 exchange listing coming soon, there will be more than enough liquidity coming anyway, even if he DID want to dump, which makes absolutely no sense.

Why buy for $0.20, and have your tokens locked up for a few years only to sell at a loss?

>>15156106
As long as the token gives users the right to convert to equity I am Gucci. There will be a direct link to the company's earnings. Therefore the token has value based on that alone. Aside from the equity conversion option, you are critical on the current tokenomics, which is understandable, but all that shit can change in the future. A project having actual users are what's gold, and the tokenomics can evolve around them. But if you don't think the tokenomics will ever improve, that doesn't take away from the option to convert to equity with the tokens, which could potentially be very valuable.

>>15156793
>Reddit double spacing
>No source to backup any of his claims
No.

>>15156810
As long as you're not in the US, that makes sense. People in the US will not be able to convert, as it would be illegal.

>>15156793
>Furthermore, the whale bought at $0.20, and this has been confirmed multiple times.
>There is NO WAY he would sell at a price lower than this, what is the incentive for him to do that?
Big if true

>>15156944
Show me where it says this would be illegal in the US?

Source: go look on the VID-T website, come back to me if you cant find it ill show you myself.

>>15156944
Double spacing yourself faggot.
>>15153059
>>15153059

>>15157260
>Show me where it says this would be illegal in the US?

>Framework for “Investment Contract” Analysis of Digital Assets
https://www.sec.gov/corpfin/framework-investment-contract-analysis-digital-assets
>The inquiry into whether a purchaser is relying on the efforts of others focuses on two key issues:
>Does the purchaser reasonably expect to rely on the efforts of an AP?
In this case, AP means "Active Participant" or V-ID.

>An AP creates or supports a market for,[17] or the price of, the digital asset. This can include, for example, an AP that: (1) controls the creation and issuance of the digital asset; or (2) takes other actions to support a market price of the digital asset, such as by limiting supply or ensuring scarcity, through, for example, buybacks, "burning," or other activities.
Buybacks and burning.

>The term "security" includes an "investment contract," as well as other instruments such as stocks, bonds, and transferable shares. A digital asset should be analyzed to determine whether it has the characteristics of any product that meets the definition of "security" under the federal securities laws.

>>15157260
And that's not what double-spacing is, you brainlet.

WHY IS IT FUCKING DUMPING

honestly this pajeet shilling is tiring. if you were so confident in your coin, you wouldnt be spending your free time trying to convince people to buy it.
but that isn't the case, is it, pyramid scheme anon?

>>15157319

Ok where does it say that a "Security token" cannot be exchanged for equity though, assuming this is a "security token" (which its not). But even then, that does not answer my question.

Where does it say that security tokens cannot be exchanged for equity.

>>15157723
You're hopeless.

>>15157546
>honestly this pajeet shilling is tiring.
Exactly. I FUD this coin and have nothing to gain from it other than smugness. These shills always come out of the woodwork and reply to every single post of mine. Within minutes. How is that possible?

>>15157845
You have alot to gain, FUDDING to accumulate cheap VIDT. Just admit it

>>15152050
all shilled coins are pajeet shill farms just like sentinal last week

>>15157898
>>15157878

Dont cry when you miss this 10x after T1 listing.

>>15157878
You wish. I won’t hold a security token.

>>15157911
It can also do a 0.5x or 0.25x if the so called t1 exchange is shit.

>>15157878
Also anons note how the shill responded within minutes, implying the coin is so good it has people fudding it only to accumulate.

>>15157319
>double-spacing
>>15157260
>Double spacing
wat is this frens? is there a precise definition. why is this important?

>>15157956
We did a 1.5x for the dex listing. T1 should be at least 2x.

>>15158121
Buy MORE

>>15152050
t.heavy as fuck bags
none of this matter because there are 11m locked tokens so up until 2024 this token is sideways

>>15153059
>>15153201
>>15154177
>>15154672
>>15154956
>>15155257
>>15155516
>>15155775
>>15156030
>>15156106
>>15156200
>>15156944
>>15157319
>>15157845
>>15157950
>>15157963

>V I D T
>I
>D
>T

CONFIRMED PARTNERS WITH IBM FOR THEIR INTERNET OF ENVIRONMENTS (IOE) PROJECT

ONLY CRYPTO ON THE BLOCKCHAIN ALREADY GENERATING REVENUE

NO EMPTY PROMISES: REAL CLIENTS, REAL REVENUE

IT’S ALREADY ADOPTED

FULLY WORKING PRODUCT WITH MAJOR CLIENTS LIKE:

AIRBUS (97B MARKETCAP!)
AMSPEC, CMS LAW AND MORE!!!!!!

CLIENT USE HAS GROWN EXPONENTIALLY: FROM 300 DOCUMENT VALIDATIONS IN APRIL TO 7500 IN MAY, AND NOW >$400K REVENUE THE PAST 4 MONTHS (ITS REAL LOOK IT UP FAGGOT)

API-V3 JUST LAUNCHED, VALIDATIONS ARE NOW FULLY AUTOMATED

VALIDATIONS ARE OCCURING EVERY MINUTE!!!!!! WOW

THIS IS THE NEXT DOCUSIGN, THE STANDARD FOR VERIFICATION SERVICES AND ANTI-FRAUD

>AND THE FUCKING TOKENOMICS:

TRANSACTIONAL BURNS

MONTHLY BUY AND BURNS (IT’S HAPPENING, VERIFY WITH EYES)

CONVERSION TO EQUITY OPTION IN 2020

This is literally the onky coin worth buying atm. Wait until IBM's big announcement and the tier 1 exchange.

>>15158875

>>15158875

One second let me just use my eyes to verify this shitcoin..

..yup its a scam

On what exchanges is this coin available?

All in on VIDT... slowly sinking with my bags. It’s going to be a long waiting game.

>>15159406

Binance DEX, Hotbit, IDEX

>>15157956

As with any investment in the world.. gotta take risks if you want to make it.

Thing is, the potential rewards far out-weigh the MINIMAL risk from VID-T.

This is literally 5m marketcap, currently trading very close to ICO price which was $0.20..

and with so much good news coming, I dont see the risks here

With such strong fundamentals, even if T1 listing doesnt make this moon, it will eventually do so anyway, its just a matter of time.

>>15160031
Where is it on Binance? I've been looking and can't find it.

>>15159598
not that long. If there was only a single guarantee in crypto, it would be that this is guaranteed to be worth more in a few months than it is now. I have no problem shoveling money into it. Dump the bitch.

it's just one market making bot pushing down his orders btw. Nobody is actually selling.

how heavy are your bags op lol

>>15160061

Its only on Binance DEX, not on main binance (yet)

https://www.binance.org/en/trade/VIDT-F53_BNB

>>15160113
This, look at the top wallets and look at usage (on VID-T dashboard).

Literally no-one is selling

>>15160120

Heavy? I bought at $0.16 and sold initial investment worth at $0.40, reloaded my bags at $0.20.

So im actually doing quite well thank you.

Now im holding for the very long term, not too fussed about short term price movements anyway.

This is destined to be the next DocuSign, but on steroids.

>>15160120
bought at $0.07 here. go fuck yourself

>$5MM MC bags
>heavy

>>15154616
22k stack - comfy af

Remember when /biz/ was arguing that VIDT was better than LIT and vice versa? Guess we know who won that battle.

>>15160406
was it VIDT? cause it obviously was without contest.

Top 100 whale here.
I'm gonna be a mo'fu'n millionaire

imagine selling VIDT before (in order) polo, trex, and binance

>>15161134
Polo and trex wtf

>>15152050
Imagine buying this PND trash instead of a floor like RFR. Yikes.

>>15161679
Wtf is rfr

>>15161679
Effing brainlet...Vidt is a real revenue producing company .. Stay poor faggot. Go shill ur shitcoin elsewhere...vidt is 2019 ant shares.

>>15161356
just letting you know, not touting it per se

>>15162280
boomer exchanges

>>15162044
>no official statement from ibm
>Shell is not one of their customers

Have fun being even poorer in the future brainlet

VIDT, SNTVT, EVE, MITX, WHEN.

These coins have all something in common. It's up to you to decide what. You've been warned.

The price chart looks like an typical long run PnD and this tread is cancer.
So whats the point of VIDT ?

>>15163797
>The price chart looks like an typical long run PnD and this tread is cancer.
Which one is VIDT? Graphs are of 2019's /biz/ FOTM PNDs

>>15163907
VIDT started on the 20st march.
So it must be the one on the top right.

I am not good at reading the charts, but even I can see an simple PnD chart after 3 years of crypto.

>>15164030
You were right, it's the top right. The other charts are FTM, LTO, and CHX.

Another good indicator for an shitcoin is there website.
For example VIDT, there frontside is fully packed with partnerships, ratings etc.
That is an realy bad sign, if there product cant be promoted on his own behalf it is doomed to fail.

This thread is full of stinky linkies. 20k future whale here this is the only project that is backed by a real cash flowing business, not just a whitepaper and reinvention of the wheel. Remember 99% of tokens must dump to fund their business, vidt generates revenue in their model. Price is only suppressed by these fudsters and their heavy PND bags

>>15164120
>there

What, your stinky linky bags getting heavy from Sergey shitting on you? Sorry dud

>>15164136
Sorry fren, but I dont own stinky linkys.
I am just bad at english as it seems.

Daily reminder VIDT is the only alt worth holding