Price
$0.000067
12/1/2022, 6:54:09 AM
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Buy VIDY with Coinbase Wallet

VIDY can be traded using Coinbase Wallet, your key to the world of crypto.

Market

Market stats

Market cap

$664,457.89

Volume (24h)

$154,635.02

Circulating supply

9.9B VIDY

All time high

$0.0100

Price change (1h)

+0.42%

Price change (24h)

-0.65%

Price change (7d)

-9.21%

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VIDY is on the decline this week.

The price of VIDY has fallen by 9.21% in the past 7 days. The price declined by 0.65% in the last 24 hours. In just the past hour, the price grew by 0.42%. The current price is $0.000067 per VIDY. VIDY is 99.33% below the all time high of $0.0100.

The current circulating supply is 9,888,864,266.139 VIDY.

About

What is Vidy (VIDY)?

Vidy (VIDY) is the decentralized video ad distributor that embeds videos behind web pages' text by the world's first NLP protocol. According to its whitepaper, NLP is the application of computational techniques to analyze natural speech and language. A Vidy is a tiny video with important information embedded behind a line of text that represents its contextual meaning. The platform aims to integrate video into people's life seamlessly. However, Vidy's solution is an invisible layer that allows publishers to embed any video advertisement into the actual word that users read without the ad needing to be ever-present on-screen taking up texting paragraphs. 

The platform solves the problems of abusive, annoying, and ineffective ads by introducing a tri-layer platform on the top of the Ethereum blockchain. The three decentralized layers are: 

  • Firstly, Data Layer tracks and carries data into the secure smart contract and maintains all incoming data in the immutable Vidy ledger. A smart contract is a self-regulated contract with the term of the agreement between traders directly written into lines of code.

  • Secondly, Consensus Layer decentralizes ad placement fairly and efficiently and places ads based on precise NLP matching.

  • Thirdly, Application Layer is the consumer-facing distributor of video ads across the web. Also, it sends back reports of all events to the Data layer so that the consensus layer improves NLP placement.  Vidy solves more issues through blockchain, which are; 

  • No UI Standards – With Vidy, a global User Interface standard emerges for ads for the first time.

  • Slow Page loads – Vidy videos ads are pre-loaded behind the page's text as Vidy links.

  • Banner Ad Stigmatization – With Vidy links, users can choose what they want to hold down and watch.

  • Monopolies Threatening the Free Market – Vidy's blockchain ecosystem risks that a single monopoly can change internal policy.  Vidy brings in the One Tap Purchase Model (OTP), where users with just one tap can purchase a product, reserve a table, or have an item delivered after holding down on an embedded video ad. Another product is Detecting Bot Product, which analyzes the movements and actions of millions of users to determine usage patterns and map out typical user behavior routes. 

However, the platform's token name is VidyCoin with token ticker VIDY built on ERC-20. The users who hold down on an embedded video can steadily earn VidyCoin, calculated on the hold time. Each time the user makes OTP, the advertiser receives a VidyCoin payout for the purchased product. VIDY is used as a sole means of value exchange for the following: 

  • Ad placements on the platform with payouts from advertiser to publisher.

  • Miner rewards on the platform with payouts from Vidy to miners.

History of Vidy (VIDY) 

The CEO and Founder of Vidy is Patrick Colangelo. The co-founder of Vidy is Matthew Lim. The whitepaper v1.0.6 was launched on August 15, 2018. The token's total supply is 10,000,000,000 VIDY.

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FAQ

What is the current price of VIDY?

The price of 1 VIDY currently costs $0.000067.

What is the market cap of VIDY?

The current market cap of VIDY is $664.46K. A high market cap implies that the asset is highly valued by the market.

What is the all time high of VIDY?

The all-time high of VIDY is $0.0100. This all-time high is highest price paid for VIDY since it was launched.

What is the 24 hour trading volume of VIDY?

Over the last 24 hours, the trading volume of VIDY is $154.64K.

What other assets are similar to VIDY?

Assets that have a similar market cap to VIDY include Kira Network, KCCPAD, TenUp, and many others. To see a full list, see our comparable market cap assets.

How many VIDY are there?

The current circulating supply of VIDY is 9.9 billion.