What is BeatzCoin (BTZC)?

BeatzCoin (BTZC) is a cryptocurrency utility token and is the principal transfer of value on Vibravid. Vibravid is a social audio/video platform that is censorship-resistant and utilizes decentralized technologies. The platform is a p2p (peer-to-peer) environment where the uploader and listener/viewer directly engage in trade and payments. Vibravid incorporates various methods to incentivize user engagement. The incentive method includes rewards and unique benefits where creators upload, store, market, and trade their content to users. Additionally, creators can crowd-fund and create exclusive subscription models to generate income from their listeners and viewers.

As per its whitepaper, the following problems exist in content-sharing websites:

• Censorship and demonetization are becoming rampant among most of the world’s leading content-sharing websites.

• Aspiring and veteran musicians and video-content creators competing with millions of daily uploads, struggling to acquire listeners, views, subscriptions or funds.

• Consumers are dissatisfied with being forced to view advertisements while streaming content. As a result, viewers are not sufficiently rewarded for their time. The goals between the advertiser and the publishing platform should be better aligned.

The solution to the problems mentioned above begins with BeatzCoin at the centre of

Vibravid. Vibravid can offer both uploaders and listeners/viewers a new way of earning for publishing, watching videos, listening to music, e-books, podcasts, etc. Another way to resolve the problems is by making Vibravid a user-friendly, decentralized storage environment. An environment where creators do not have to worry about having their content censored or deleted. Uploaders can market their content through the POV model (Proof of Viewership) and be able to earn through ad rewards participation.

The BeatzCoin (BTZC) token is a multi-chain, decentralized token initially issued on the Tron blockchain. Tron is a platform that aims to build infrastructure for a completely decentralized internet. BeatzCoin has expanded to Ethereum as an ER20C token standard as well.

History of BeatzCoin (BTZC)

Steven Zambron is the founder and CEO of Vibravid. Steven founded Vibravid in December, 2017. The maximum supply of BTZC is three billion tokens. The whitepaper was published on August 1, 2020.