Don't fuck this up biz

[Anonymous No.18879873]

watch this thing catapult

monthly buybacks

monthly burns, to further scarcity, of already one of the most scarce coins in circ supply out there

Existing clients just reloaded their bags, such as Amspec. One of the most bullish signs of all. The highest document validator too. This shows just how much value this product brings to large multinationals or SMEs.

NEW clients and deals are literally set in stone, one of their biggest yet is to be announced in the hardware sector. Oh yeh, and if Amspec are liking it, chances are Vopak will adopt too, which they are in ritual talks with, and tower over Amspec in terms of revenue, and most importantly, document validations.

The best part is, this product is able to scale SO HARD across literally any fucking industry, as mentioned above for example, and a down syndrome intern would still have the capacity to use the product.

The timing and value of this service is truly impeccable, don't fuck this one up guys. Truly, I don't think we really understand what price discovery could be once scaled and millions of documents are validated, burnt, bought, repeat..

The big clients know and are getting in...wtf is this thing gonna be in 5 years?

[Anonymous No.18879911]

shut the fuck up. vidt is a paedophile coin. DONT FALL FOR THIS SCAM.

rot in hell you dumb fucking cunt. your mother is a whore.

[Anonymous No.18880001]

>>18879873
/biz/ is just a shilling platform for pajeets to sell scams like hex to impressionable redditors, whenever a legitimate project comes along no one pays any attention to it until it's already pumped 5x. As per usual most of /biz/ will fomo once it's pumped another 50% by next week.

>>18879911
Case and point.

[Anonymous No.18880044]

>>18880001
shut the fuck up you stupid son of a bitch. this has been a scam since it was first made and will continue to be a scam. youre not going to rek any more newbies today. paedophile 3rd world country losers.

[Anonymous No.18880064]

rot in hell.

[Anonymous No.18880207]

>>18880044
>>18880064
Yessir u no rekt any more newbees sir. stupid stinky poo coin son of bitch. By HEX sirs very goood coin it mo0o0o0o0on 1000x

[Anonymous No.18880213]

I have accumulated a sizable bag and will no longer be participating in fudding efforts. Thanks to the people that paid the subhumans on fiverr and made this possible.

[Anonymous No.18880493]

>>18879873
You cannot validate real-world items on the blockchain. No artworks, no photographs, and no photographs of real world items. You can only validate binary and lossless documents, such as PDFs, Powerpoint projects, executables, and audio files. The Rembrandt etching on the blockchain was a marketing ploy to boost the credibility of the project. Good one at that. Fooled me as well. In the end you would still need a third-party examiner painstakingly verifying every single inch of the artwork and play "spot the difference" between a real Rembrandt and a fraudulent one to see whether you have pulled a switcheroo, rendering V-ID's validation process pointless. The artwork is going to be validated by an art examiner, not a blockchain solution. V-ID is as useful as a certificate of authenticity. Both can be forged enough to fool a notary.

Taking photos of a rental car and then uploading to V-ID is also pointless, because your car rental service would first need to recognize V-ID's services as legitimate before you have signed the contract. Said contract would also need to mention V-ID. You cannot escape a charge/fine by pulling up your phone to show that some no-name website says the photo hasn't been altered.

You can validate a scanned document and save it as a PDF and then validate against that same exact scanned PDF, but you could not validate against the original document. Medical and government documents are often printed out, scribbled on, then scanned back in. But even if nothing was scribbled on, a duplicate scan would not match. You would need to verify with eyes.

[Anonymous No.18880511]

>>18879873
Dubious marketing strategy encouraging mass spamming and washtrading. Scam tokenomics. Useless worthless token. No unique tech. Operating at a loss. Partnered with LTO. Small side project of another company.

Let's look at the white paper and do some math. They will need 1,500,000 files validated to break even. One file validation costs as much as $2.20, $1.65 on the middle plan, and even less on the bulk volume plan. Let's go with an average of $2 per file validation.
>1,500,000 Files X $2 = $3,000,000
>$3,000,000 / 5 Years = $600,000
$600,000 is their estimated annual revenue as file validations are a one-time fee and not reoccurring. The verifications are free. V-ID sold $3,400,000 worth of tokens in the ICO with a white paper outlining a plan for five years, so the numbers so far are reasonable.

V-ID is a tech company with no unique tech or first mover advantage. Supposedly uses algorithms that cannot be patented, according to bagholders. Multiple competition exists, including Acronis Notary, IBM Blockchain Trusted Identity, and Bitcoin.com Notary to name a few. V-ID's potential advantage is a user-friendly design, which can be had for $10,000. V-ID is in the software industry, so let's value the business at an incredibly generous and delusionally optimistic 3X revenue. In which case the company can be estimated to be worth $1,800,000 as of today.

If VIDT will convert to VIDS, which represent shares in the company and the total supply is 62,391,039 VIDT, then one VIDT is realistically worth 2 cents today. 5 cents if we only use the circulating supply (30,800,318). Of course that's with the 3X multiple. At 2X annual revenue (and only looking at circulating supply), one VIDT is worth one penny. And currently, it's even worth less.

Will the largest VIDT whale with his tokens locked up in a smart contract want to sell or convert to VIDS next year? Will "he" also do cursory math before making his decision? Coin is overvalued and worthless.

[Anonymous No.18880523]

>>18880493
Nice coypasta

[Anonymous No.18880534]

>>18879873
Show proof that all 32 clients V-ID has are paying customers and the team didn't offer a free or discounted trial run to boost their numbers to make VIDT more appealing to investors. Validating a file on a blockchain costs no more than 1 VIDT (less than 10 cents), but the team is supposedly charging 10-16 VIDT for clients for essentially doing fuckall but providing an interface to interact with a blockchain. That's 10X profit per file. If you had a company, ready to validate 100,000 files a month, would you want to pay $10,000 or $165,000? All you have to do is a five minute research to save over $100,000 a year.

Acronis Notary costs $99 for the whole year and comes with a cloud backup solution, HDD image creation, and all the validations are free. That's right, motherfuckers. Free. Because 99% of people who buy the cloud backup solution are not using notary services in the first place and they're subsidizing the transactions of those who do need the service. Large companies that do thousands of verifications a month and don't need a backup solution only pay mere cents per validation. Cents. You can contact Acronis support and get the pricing structure, if you don't believe me.

>VIDT is a scam. Token not needed. They created VIDT for the sole purpose of raising money. Service idea came first and then VIDT got shoehorned into it. They needed a utility coin for an ICO, as otherwise it would have been a useless security token and have no chance of being listed on exchanges or being legal. 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. Which also means that VIDT price doesn't matter to V-ID at this point, they already got their million dollars. Unless they want to dump. All buybacks are scams to raise the price, so you give them your lunch money and create liquidity to dump into when the time comes.

[Anonymous No.18880549]

>>18879873
Airbus is a customer of Acronis, FYI. Airbus Defence & Space is a division and has an even smaller division in Netherlands. And V-ID hasn't fully rolled it out yet, even though supposedly they have been a client for over a year. Uh oh. Show one single proof that Airbus has collaborated with V-ID on a large scale or let alone name-dropped them.

https://www.acronis.com/en-us/cloud/service-provider/notary/
>Allows customers to notarize files of any type via a web console or API, generating a certificate that provides publicly verifiable proof of its timestamp, integrity, and authenticity.
>Easy to sell, upsell or bundle: Universal service that fits business of any size and industry
>Key improvements in the Acronis Notary Cloud service will allow service providers to easily enable data verification via a new public webpage – eliminating the need to use the Acronis Notary Cloud user-interface to verify files.

Acronis Notary costs $99 for the whole year and comes with a cloud backup solution, HDD image creation, and all the validations are free. That's right, motherfuckers. Free. Because 99% of people who buy the cloud backup solution are not using notary services in the first place and they're subsidizing the transactions of those who do need the service. Large companies that do thousands of verifications a month and don't need a backup solution only pay mere cents per validation. Cents.

Why would any company choose V-ID over Acronis is beyond me. Not only is it cheaper, but Acronis also works with over a hundred Fortune 500 companies and has millions of customers.

[Anonymous No.18880554]

>>18880534
Been a while there.
Welcome back acronis fudder.

[Anonymous No.18880574]

>>18879873

Validating your whole god damn hard drive with Acronis Notary takes less than 70 minutes. V-ID validations take over a day (sometimes there are days with no validations at all) and bagholders watch over Etherscan like a hawk to calculate the number of validations.

Here's a quote from the Acronis Notary user manual:
>The notarization process can take up to 70 minutes. To reduce the cost of each notarization, the notary service collects hashes throughout an hour, then builds a hash tree based on these hashes and sends the hash tree root to the blockchain database. After that, the notary service waits for the transaction to become confirmed in the blockchain database, and then changes the statuses of the files to Notarized.
$99 for a yearly subscription, as opposed to $600 a year. No nickel and diming like with V-ID, charging you over $2 per file. Imagine how much it would cost to validate a 100 files with V-ID, as opposed to using Acronis.

Acronis also owns the patent for blockchain validation technology in the United States (and it is enforceable if V-ID does any business in the United States, regardless of bagholder claims): https://patents.google.com/patent/US10114980B2/

[Anonymous No.18880623]

>>18879873
The project is overpriced and worthless. Customers cannot validate files in bulk, there is no software, and the team has to come to your place of business to validate or you have to upload all your sensitive files to the server of a small Dutch startup ran out of a shared office, next to a Subway sandwich shop. Pic related. To be a reseller of V-ID, you need to pay for tokens upfront, bought on exchanges, and hope to move it by roping in customers. Meaning the more tokens you need, the more you have to pay. Does that sound reasonable? Having to pay a company to sell their product? The tokens are worthless on their own. MLM pyramid scheme scam.

Validating 50,000 documents a month, like AmSpec is doing, means it costs nearly one million dollars a year with V-ID to validate hashes on the blockchain versus $99 a year with Acronis (or less than $1000 if you use a server). And you only need one copy of Acronis per office: https://notary.acronis.com/

Here's one of the Acronis wallets: https://etherscan.io/address/0x00472c1e4275230354dbe5007a5976053f12610a

One customer can notarize once every 70 minutes (files gets batched to reduce costs for Acronis and make it virtually free for the customer). Now refresh that page and you will see a different client notarizing at least once every minute. It costs less than 2 pennies for Acronis to validate a hard drive. You can validate 20 times a day or 600 times a month. Costs less than $12 a month for Acronis if you do nothing but validate 24/7. V-ID charges a minimum of $54 for a subscription alone, not counting a $2.22 charge per file.

[Anonymous No.18880796]

>>18880493
>>18880511
>>18880534
>>18880549
>>18880574
>>18880623

Like clockwork. If there's ever been a buy signal, it's this asshole.

[Anonymous No.18881410]

>>18880493
>>18880511
>>18880534
>>18880549
>>18880574
>>18880623
Blah, blah, blah

Keep flinging poo, you won't stop VIDT from mooning, dirty street-shitters.

As if a company like Airbus cares whether a subscription is $99 or they buy tokens for a couple thousands. Airbus is not Ransheed's street kitchen.

[Anonymous No.18881625]

Some hard accumulation going on with this token

[Anonymous No.18881845]

>>18881625
Yeah very obvious.

[Anonymous No.18882139]

>>18881625
>>18881845
New roadmap for Q2 just dropped a few minutes ago, VIDT is being integrated into the IBM cloud and they're in talks with the European diamond consortium.

https://about.v-id.org/roadmap/

There's a reason there's so much FUD.

[Anonymous No.18882311]

>>18882139
>VIDT is being integrated into the IBM cloud
We are all gonna make it, anon. Except for the poo brigade.

[Anonymous No.18883625]

Wow IBM cloud. Now it makes sense with all the recent mysterious accumulation

[Anonymous No.18883946]

scam