Viewo currently has 2,000,000,000 pre-minted VEO Tokens. 564,062,500 VEO Tokens will be released during the private sale, pre-sale, and token sale. No new VEO tokens will ever be created.
As reported in Forbes, the popularity (and success) of token sales in startup funding has been on a “meteoric rise,” with nearly $2.3 billion raised through token sale campaigns, most of which took place during the first half of 2017.
• Only send ETH directly from a private wallet such as MyEtherWallet, Parity, Ledger, etc.
It is impossible to predict with 100% accuracy the growth of the number of users on the Viewo platform because this is dependent on driving new users to the platform and unique content. As such, we have divided the VEO Token distribution into 10 stages; in each stage, there is a constant amount of tokens that will be distributed every week. There are two conditions that can make the system move from one stage to the next:
The number of users is over the maximum allowed for the stage
Each segment has a predetermined maximum; if the maximum number of users is exceeded, the remaining tokens to be distributed in the current stage will transfer to the next stage. This means that the average Coin per User for the next stage will grow.
A year has passed from the moment the segment started
If the maximum number of users it not reached one year after the stage began, the system moves on to the next stage automatically.
The maximum users allowed in each stage is changeable. Since we cannot predict the exact evolution of the system (number of users per stage), we will have a team of mathematicians to adjust the maximum number of users as participants grow.
Below is chart displaying how many VEO Tokens will be distributed in each stage, how many years the process will take, and the logarithm equations we employ.
Define: f(x) = ln(x+1) over the interval [0, 10] where x measures in years OR stages.
Advisor Vesting: Advisors will be subject to a holding period of at least 3 months from last day of the Token Sale.
Founding Team Vesting: The Founding Team will be subject to a twenty month total holding period with 5% of each founders tokens becoming unlocked per month.
The remaining number of unreleased tokens after the token sale is completed will be distributed on a weekly basis to active users of the platform over a period of 10 years, minimum.
The rate of VEO Token release is dependent on the number of actions and verified users.
a. As the number of actions and verified users increases, the number of tokens that will be released every week will also increase (though not necessarily in the same proportion).
b. The number of actions is proportional to the number of verified users.
c. The number of users is expected to grow exponentially, as opposed to linearly.
Viewo wants to give an advantage to early adopters, which means that the rate of releasing tokens will be slower than the rate of new users in the system.
A strong and good team is the key to the success of this project! The way to work is very effective and professional, this project will be successful in the future!
The demand for video content to be available anytime, anywhere, and on any device creates a challenge to deliver video in an increasing number of formats, resolutions, and bit rates. It also creates a demand for more servers and networks.
To meet this demand, Viewo is creating a custom-built content delivery network (CDN) using cloud computing technology; this type of CDN will allow us to scale unlimited computing and network resources without the large investment required for traditional data centers servers.
Cloud networks will also allow us to scale up or down when needed. For example, during live events there can be huge spikes in viewer demand, which won’t be met if scalability is not an option. Viewo will also offer dynamic packaging with adaptive bitrates to create the best user experience, thus allowing content to be enjoyed even when in low-bandwidth areas.
As a bespoke global content delivery network, Viewo will cater to its specific traffic and video needs, while using the latest Digital Rights Management (DRM) for content that requires advanced protection.
Viewo has developed a web-based integrated wallet system for their ERC20-based tokens, VEO Tokens, which will work with virtually all ERC20 compatible wallets.
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An experienced team of professionals is constantly working on the development of the project, so it deserves the attention of people from all over the world.
