VirtuTV aims to circumvent online censorship by allowing content creators to publish anywhere, anytime, and be justly compensated for the content they create. It’s founded by a team of passionate developers and serial entrepreneurs that want to combine blockchain technology with video content creation and publishing. The main problem that VirtuTV solves is the unfair demonetization of content creators that is often done under arbitrary conditions, and mission is to provide a censorship resistant medium for content creators to be justly compensated for their work.
VirtuTV Key Information
|Soft cap||500 ETH|
|Hard cap||62,500 ETH|
|Distributed in ICO||80%|
|Tokens for sale||100,000,000|
|Price in ICO||1 VRTU = 0.7 USD|
|Whitepaper||Click Here For View Whitepaper|
|Website||Click Here For Visit ICO Homepage|
The Game Change Team Behind VirtuTV
As a content creator, you get paid-per-view, for one-time and recurring donations from fans, and you can additionally earn money by streaming content to viewers, and by flagging inappropriate content. At VirtuTV, a company believe creators should be compensated fairly. That’s why creators ALWAYS keep the majority earned. Creators can remain anonymous on the VirtuTV platform. An excellent feature for citizen and investigative journalists, creators can collect their income without revealing their identity.
Since VirtuTV do not rely solely on add revenue to compensate content creators, this allows to focus on freedom of speech instead of siding with the advertiser’s voice. Fantasy Crypto describes learning games for those users who want to better understand crypto-asset trading without risking real life tokens or coins. Version 2 of the VirtuTV platform will offer users the opportunity to create a virtual portfolio by which to track the performance of up to 20 crypto-assets at zero cost and risk. More elaborate fantasy trading games, such as a fantasy football-inspired trading game, may be explored in subsequent versions.
It is anticipated that VirtuTV token holders will work with VirtuTV Labs, Inc. to further identify and feasibility of features users find enriching. Among those features, the Platform anticipates co-exploring and, as determined, co-developing with users, the following, which may launch as part of or beyond of the future development of the following features. VirtuTV will be used to facilitate collective decision-making regarding future features within the platform.
How Token Feature Voting Works
It is anticipated that users with VirtuTV will vote on new and future features to be developed in the platform. Voting weight will be determined by the amount of VirtuTV in a user’s wallet. During the voting period, users with a minimum of one VirtuTV will be able to vote. The more VirtuTV they hold, the more weight a user may give to a particular shared decision. It is anticipated that voting will begin at the beginning of every quarter, and will last for 5 days.
Users will be notified via email at the start and completion of each period during which they will be able to vote on which features will be added next. The evolution of the platform will be determined by token voting rights and the community of VirtuTV token holders. The Tela Network Foundation is committed to encouraging widespread community participation and incentivizing representative user feedback.
Challenges, Badges, & Levels
VirtuTV is a social network where user contributions make the platform more fun for everyone. Therefore, the VirtuTV platform has structured in a range of behavioral incentives and games
invite desirable user participation. Desirable behaviors are grouped together in challenges. Each challenge articulates a set of directed actions a user must undertake to complete the challenge.
Challenges and reward schedules
With each completed challenge, a user receives a badge, which is then displayed on their profile page. When a user collects a particular number of badges, they cross an experience
threshold or level within the VirtuTV system. With each new level achieved, VirtuTV users are credited rewards of VirtuTV debited from the VirtuTV User Growth Pool and unlock new functions within the platform, such as avatars they may associate with their profile. The user then encounters a new set of challenges necessary to progress to the subsequent level. Challenges and reward schedules are designed to scale in difficulty without undermining user interest.