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We are happy to announce that Vasja Zupan, COO of Bitstamp, joined Viewly as an advisor on digital currencies, blockchain and digital media strategy.
Vasja Zupan is the Chief Operating Officer at Bitstamp, the EU’s first fully licensed digital currency exchange. Prior to this, Vasja spent 11 years at Central European Media Enterprises, the leading NASDAQ-listed CEE broadcaster, where he was the Joint Head of the Internet Division. Under his supervision, CME built a series of leading regional news and TV content related websites in multiple countries in Central Europe.
** Less than 30% of tokens available in the pre-ICO with only a few more days to go
Viewly pre-ICO is LIVE and will be open a few more days until October 12th 3PM UTC.The Pre-ICO contributions are be hard capped at only 4.000 ETH, and are already 70% filled.
Minimum cap: 1,000 ETH
Maximum cap: 4,000 ETH
Start time: 3PM UTC, October 5th.
End time: 3PM UTC, October 12th. (7 days)
Total supply of the tokens: 100,000,000 VIEW tokens (100 Million)
Amount of tokens sold during the pre-ICO: 10,000,000 VIEW tokens (10%)
VIEW price with max bonus: 0.000374 ETH
VIEW price (without bonus): 0.000430 ETH
** Why a decentralised video platform?
Some of the greatest achievements in art and science of human history were made possible by patronage of wealthy institutions and families. Nowadays, cultural expression has shifted to digital content distributed on the web. Web content platforms are in majority using advertising-based revenue model, which makes creators dependent on advertising dollars controlled by few large enterprises.
The incentives between content creators, their viewers and advertisers are inherently misaligned. Viewers are bombarded with pesky ads. Creators are forced to create content, that generates views. Advertisers lose due to inefficiencies in reach and rampant ad-fraud.
That’s why we are building Viewly, a decentralized video platform:
– A platform without pesky ads where users’ privacy is respected.
– A place where communities thrive and engagement between fans and creators is highly encouraged.
– Where creators with small, medium or large-sized audiences can sustain themselves through modern monetisation: a combination of micro-payments, fan patronage, sponsored endorsements and commerce.
– Where businesses can improve advertising efficiency and lower costs by skipping the middlemen and sponsoring creators and supporting their communities directly.
– Viewly is a decentralized video platform powered by blockchain and peer-to-peer video sharing technologies.
It is built for creators, by creators.
** The Pre-ICO
For the pre-ICO we decided not to follow the usual path of going to VCs, and get them a nice seed deal. We will rather give this opportunity to our early followers and our community.
In the Pre-ICO we are selling 10% of the token distribution to raise seed funding. The contributions are hard capped at only 4.000 ETH. The funds raised in the seed round will be used for growing our community, attracting quality content creators, promoting our project, growing the team and technical support for the main token sale, as well as on ongoing research and development.
** The ICO
We will have a full ICO at the end of the year, and will distribute 40% of the tokens during the crowdfunding campaign. Read more about our roadmap and future plans in our whitepaper.
The Viewly token sale smart contract features token bonus that will reward early contributors. The token bonus will start at 15% at the beginning of sale. As more funds are received, bonus will gradually decrease, hitting 0% when funding cap is reached. Therefore the last token sold will be 15% more expensive than the first token sold at the sale.
Viewly Inc., Calgary, Alberta, Canada
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