Spectiv VR was an ICO that happened in late 2017. Which was the perfect time to do a deal. There were problems surrounding this before the ICO even closed. Spectiv announced on their facebook page that a fake site Spectivvr.org was trying to scam people. If you held it until now, it wouldn’t have mattered much if you bought the real one or the scam. Either way you would have still lost all of your money. The premise of the real Spectiv VR was to combine cryptocurrency with VR in a streaming service and sell ads and pay the VR industry professionals with tokens instead of cash.
They raised about 9 million USD on their ICO. They also did a “White Label” offering and sold another 4,000 or 5,000 ethereum in August of 2018. Not sure how much this came out to because the prices were fluctuating a lot that month but maybe another 2 million. Not sure what exactly the total capital raised was but definitely north of 10 million USD. One user on the Bitcoin talk forum said that Spectiv is a scam.
Spectiv Key Information
|Hard cap||40,000,000 USD|
|Distributed in ICO||60%|
|Tokens for sale||25,000,000|
|Price in ICO||0.5000 USD|
|Whitepaper||Click Here For View Whitepaper|
|Website||Click Here For Visit ICO Homepage|
The Game Change Team Behind Spectiv
Signal Token Protocol
The Signal Token (SIG) Protocol is designed to decentralize the buying, selling, and rewarding of attention across media platforms by removing centralized intermediaries from advertising transactions. He has over 15 years of startup and business development experience and he currently provides consultation for multiple blockchain projects. Mr. Kumarsi is fully dedicated to growth and human excellence, and throughout 2017 he directed the management of business lead generation, marketing and long-term relationship building for multiple ICOs.
Ad Campaign Smart Contracts
Every ad view and click that occurs is communicated to the Ad Campaign Smart Contract through a third-party oracle. The Ad Campaign Smart Contract will then autonomously reward SIGs to the users participating in that engagement. By utilizing smart contracts, a publicly verifiable blockchain, and trusted oracles, this protocol can directly dis-intermediate the “trade” of attention.
Using the Signal Token Protocol, an advertiser can use SIGs via a smart contract associated with target content. Spectiv content is now active, or “hot,” which means publishers, viewers, and curators can engage with that advertiser through the smart contract and be rewarded with SIGs for driving attention to that content.
The Spectiv Company developed the Signal Token Protocol specifically for use within Spectiv, but they understand that accurate attention data analytics are difficult to perfect. Additionally, they understand that for real-world advertisers to engage with SIGs, the protocol must accommodate more than just Spectiv content. Spectiv will act as the first adopter for this protocol, generating real-world application data to support future adoption by other media platforms.
They have developed SIGs for any ad-driven media platform to use and build upon; video-based, audio-based, written, or mixed. In other words, the Signal Token utility is not fixed to Spectiv. Rather, it is built to be its own decentralized, autonomous protocol that can support multiple attention economies. Each media platform can integrate its own unique mechanisms for monitoring genuine attention data, contributing to the long-term effectiveness of the protocol.
Advertisers compete for visibility based on their reward metrics. This means an advertiser who sets their offering to 5 SIG / click will have a higher place in the network than one who sets their offering to 2 SIG / click. Affiliates naturally compete for the most rewarding advertisers. Signal transactions only execute when a specified event triggers. Spectiv advertiser can implement a commission-style listing, where affiliate rewards are only disbursed when actual sales are made.
This is essentially a “nothing to lose” campaign for the advertiser. Affiliates compete for visibility based on their track record for driving engagement. This means an affiliate who has driven 1,000 sales will have a higher place in the network than an affiliate who has only driven 10 sales. Advertisers naturally compete for the most effective affiliates.
This advertising protocol inherently works within existing web frameworks, so it does not require permissions with major online platforms like Google, Facebook, etc. Spectiv Once an affiliate has generated their unique link, they can seamlessly advertise across all online mediums and audiences. Centralized entities like YouTube charge huge fees for connecting advertisers to influence’s and administrating their transactions.
The Signal Marketplace allows advertisers to connect with influences directly, and all transactions are executed autonomously via smart contract – like a vending machine. This means much lower fees for advertisers and greater rewards for influences.