Video-on-demand is a 47 billion USD/year ecosystem.
It breeds on video content and the virality provided by user’s influencing power.
Still, neither creators, nor influencers get their fair share from today’s dominant media owners.
#VIDDO is here to change all that.
VIDDO is a pay-per-view (PPV) online video sharing platform, that uses a proprietary business model (VIS™) and a blockchain-based data management system to secure transparent and predictable income, and easy monetization for all relevant stakeholders who upload, consume or share content - from the very first video view.
VIDDO is an existing product with USD 1 million already invested in 2 years of development.
A decentralized, blockchain based data management system will provide the transparency of all transactions, making VIDDO the video platform of the people.
1 VIDDO Token = 1 ProAccount
Today’s video sharing platforms are relying heavily on ad revenue (Advertisement VoD) or subscription payments (Subscription VoD). Their business model is unsustainable even in the medium term, because:
● the platforms’ ad revenue does not secure adequate or predictable income neither for the media owner, not the content creators.
● Advertisers face rising costs and deteriorating conversion rates due to ad avoidance, ad blocking, and too much clutter.
● Consumers have limited budgets and can only subscribe to a limited number of VoD platforms with relevant video content
#VIDDO IS THE SOLUTION
Content can be bought with prepaid VIDDO Points and it reaches consumers (viewers) directly from creators or through curators. Users can also earn Points through various activities - e.g. sharing videos, watching ads - which they can use later to purchase content view or to exchange it for cash and transfer it to their bank account. The later cash-out option is tied to owning a ProAccount, which can be opened with VIDDO Token (VDT) issued during our ICO.
Multiple revenue sources give financial stability
The business model relies on diverse streams of revenue:
- a percentage of revenue from views of paid content
- a percentage of payment for views of ads
- fees for uploading and storing videos
- VIDDO Points exchange fees
- supplementary income (e.g. VIDDO Shop, etc.)
- selling ProAccounts (after 20M opened with Token Sale VDTs)
Transparency with blockchain technology
VIDDO’s blockchain technology ensures a completely transparent data management and payment system for ProAccount users. Daily closing data on the blockchain technology ledger is both decentralized and immutable, securing accurate payment between VIDDO and ProAccount users.
Majority of ProAccount users will build their own channels. Stored data will provide users with a credible overview of a given channel’s value and success.
