DRAFT Proposal for the V.O.T.U. UIA support token.

in #donuts7 years ago (edited)

Skip down to HOW THIS WORKS to see how you could profit from supporting V.O.T.U.


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Fundraising With DONUT's

V.O.T.U. is not just about low-budget podcasting and vlogging. We have ways of breaking down nerdy blockchain talk into laymans terms and then putting a bow on top.

We make nerds look good and with a more generous budget we have plans to do much more. With the use of our music, our personalities and our enthusiasm for this nerdy stuff, we are creating a CULTURE.

In short, V.O.T.U. aspires to reach the masses and make cryptocurrency COOL.


PLEASE NOTE:
  • This proposal is a draft for a token that has not yet been created.
  • There will be another post to confirm that this is going ahead as outlined in this post.
  • First we would like feedback from critical traders and potential investors.
  • Advice on Permissions and Flags or any other aspects to this revenue system is welcome.
  • We will be auctioning the very first token so bidding is welcome.

The content We Currently Produce

Video/Vlogs



We don't vlog like the normal every day person, we vlog like we want to. We give the best worst advice that you've ever heard. From life to crypto, it doesn't matter because it does matter and we will tell you why!

Music/Digital Media


We like to pride ourselves on doing things that most people can't, eating peanut butter banana sandwiches and producing top notch music and digital media. Ranging from background music of any kind to commercials advertising , we got you covered from voice overs to art.

Podcasts/Brand Reps


We can advertise and showcase almost anything, damn near anything and have already. Ranging from Bitshares to the everyday minnow, but the bottom line is we make everything look good. And everybody loves good until it becomes great.

Unique Brand Advertising Through Digital Media


We love throwing our unique touch onto anything and everything we can. Most people will say that we're an awkward bunch and that is very true......but, awkward wins the race! ( we think ). We don't do things the jo schmo way and that makes for better BRAND RECOGNITION. If you want something noticed then let us touch it...( creepy grin ).

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What you are investing in

By buying and holding DONUTS you will be investing in us as a Brand and Culture for the crypto space. We are on an intergalactic mission to make being a crypto nerd cool ( er ).

The way we do that is by putting our Music, Video, and Entertaining content into the digital oven and making the whole world taste it. We'd like to think we are Digital Media Chefs, providing digestible content for ALL content consumers, not just you nerds. We prepare ORIGINIAL content and then spend the proper TIME and LOVE cooking that content until it reaches a nice social media simmer.

Clothes with catchy slogans, music with hypnotising melodies and media partnered with weirdo vibes. That describes us best to some. To the rest we are a growing business dedicated to bringing: UNCENSORED entertainment, INDEPENDENT Fashion and DIGESTIBLE Expression of the average crypto nerd to the outside world.

We aim to bring those who don't know anything about crypto into the know by bridging the gap between hard to understand blockchain lingo and easy to digest media.

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We have an extensive library of content we have produced already ranging from podcasts to music albums to animated shorts to video vlog gold. Check out votustudios.com! We also made a couple games (no biggie). We have risen in the steemit.com ranks and not only earned a small cult following but even began to rake in more revenue.

That's where you come in!

Now that we have gained support from you wonderful steemy curators (shout out to @thejohalfiles, @fuzzyvest, @glitterfart, @onceuponatime, @htooms, @trafalgar, @pharesim, @nanzo-scoop, @freeyourmind, @someonewhoisme, @fyrstikken, @steemaccess, @riverhead, @wackou, @thecryptofiend, @snowflake, @steempower, @ausbitbank, @xeroc, @cryptoctopus, @engagement) we feel we are in a position to give something back!

"We always give back, no matter how low the price and especially when it's high."

We have been known to give back to our pirates (listeners) in the best ways, even giving STEEM and SBD through events and giveaways. We offered VOTU jobs for people to earn steem and SBD and pushed promotional to keep the community engaged when the glass was looking pretty empty.

"Betting on us is the right risk"

Screenshot 2017-05-14 12.25.56.png
We are launching a token that will be a revenue system not just for V.O.T.U. but also for those invested in V.O.T.U.

How this works

We will be creating the DONUT token on the bitshares exchange and distributing it in 2 ways.

SALES AND PROMOTIONS

We will set aside a portion of the tokens to be exchanged not just for other cryptocurrencies, but also for jobs. Remember, DONUT's will taste much better if V.O.T.U. can reach a wider audience with what they've learned from the crypto community. By setting aside a portion of the assets for promotional prices, we leave lots of room for our investors to profit from our token.

HOW ?!

We will pay a portion of what we earn from #votu payouts into buying back our donuts.

"we don't just think about ourselves, we think about the people"

V.O.T.U. posts will sign off with the % of rewards that will be spent on purchasing our tokens back at the market price.

Once a month we will do a crowd fund selling no more than 1000 tokens. With our #votu post rewards a percentage of $$ generated will be used to liquidate the market and buy back our tokens at market price.

We will only put a certain amount of tokens out into circulation at any one time.

As much as we like PUMP 'n' DUMP's, we can assure you that there will be a limited supply of tokens in circulation. By selling no more than 1000 tokens in any given month, and offering promotional prices ONLY for the first 200 each month, we widen the window of opportunity for our investors to sell at a profit.

Disclaimer: V.O.T.U. cannot be held responsible for the prices determined by the markets.

We hope to bring value to the token by using the funds to create alluring content that will attract the masses to the world of cryptocurrency.

The more successful V.O.T.U. is the more successful the V.O.T.U. token will be. We will be accepting the V.O.T.U. token in exchange for advertising space as well as other goods and services which will naturally become more expensive as V.O.T.U. rises and establishes itself as the bridge between nerds and the real world.

Extras You Could Buy

  • Advertisement space
  • Commercials
  • Interviews
  • Merchandise
  • Music
  • Exclusive Content
  • Personalised Digital Media such as intros with music

Ways to Earn

  • Resteems !! ( so easy ) The more followers the better
  • Sharing #votu content on external websites such as Facebook or Twitter.
  • Creating #votu appreciation content such as music reviews
  • Entering/winning @votu contests
While these are ways you could earn DONUT's, it is at the discretion of V.O.T.U. what, who and how much is rewarded.

SUMMARY

  • We distribute no more than 1000 tokens per month.
  • We offer the first 200 at promotional prices / for payment of promoting V.O.T.U.
  • We set a price for the other 800 when we announce the promotion
  • When we post, we sign what % of the post will go towards buying back our donuts

Buying Donuts

The yummy assets are not yet available to purchase. This post is mainly to recieve feedback from potential investors or anybody with experience weighing up the profitablitity of these revenue models. Before we announce the release and the promotions we will be starting with, we would like to offer the very first token to the highest bidder. The promotional prices we set will be determined by the highest bidder ( Don't be too shy to bid low just to start us off ) and our fundraising price (after the first 200) will be announced when we announce the promotion.

AUCTION BIDS

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Sort:  

Where do I begin? My day job has torn me from the loves that is VOTU. A fond memory it is of Saturday mornings, better than cartoons. But alas I am saved by sweet beats, kind upvotes, engaging people, and tight recordings. VOTU runs a fun ship. Any professional venture whale capitalist looking to responsibly invest in a prolific production team, need contact Sir Lunch and Beanz for more info. What horzion dawn on their inevitable success I do not know. Til then, I steem on.
https://twitter.com/jacobts/status/864058649907515393
https://steemit.chat/channel/podcasts?msg=yZEoojmawMaD9d6sq and other steemit.chat channels
https://www.reddit.com/r/steemit/comments/6b9irz/votu_uia_support_token/?ref=share&ref_source=link
and shared with @steemtrail as well.

Cheers!

jacobts jAcΩb tweeted @ 15 May 2017 - 10:03 UTC

Bling Bling V.O.T.U. Coin
@VOTU_Studios on @Steemit
#bts #steem #uia #cryptocurrency

steemit.com/donuts/@beanz/… / https://t.co/oNn4FOckfh

Disclaimer: I am just a bot trying to be helpful.

I hereby place the very first bid of 0.001 donuts STEEM!

❤ the idea of a VOTU



donut token!

Feel to reach out to me about creating the token donut.
Donut tokens could be given to me to be included in my token giveaways.

Donuts! <3

Do I hear a bid ??

I've just found out about this token. I need to run it through quantum computational analysis funneling systems to aggregate the true price vs current price.
30 cents for a donut is my first offer. That is the price I am offered at the bakery.

I don't like the name "VOTU support token" although it does describe what it is doing
I like "DONUT" but think it should be "DONUTS" like Bitshares

Also there should be another token to get the people going. A choice of Donuts or Doves, or something. As a consumr I would be more likly to buy if there was the choice of two tokens. Other token should be special in some way. More rare or maybe valueless or some special kink,

Thanks for the feedback!! We will consider releasing another token if we can come up with another use case. For example, the use case for this token is to profit from our post rewards by selling the token back to us. We do have another idea for another token, which would be released on tokenly, and purchasing any token would be the equivalent of purchasing a VOTU mp3, which could be music or a podcast of your liking.

Still working out how to do all that though, so all in good time. We'd like to first start with this promotional token to encourage our supporters to promote VOTU and help us gain recognition OUTSIDE the crypto world where we can start bringing skeptics in.

We have BIG PLANS for those skeptics. BIG PLANS ;)

il keep it in mind.
Thanks for sharing!

You could always place the first bid.

Well i am just curious, because i also work with artists.
There for, i want to see how this goes, and what it precisely is.
i am working with Cambodian music artists.

Well you should drop by for our podcast on Saturdays. http://discord.gg/tPeHAYw

Thank you, i will.
I just made an account there, Sincere.
I got no idea what that site is, so il just look around.
Cheers.

It's an app for gamers, but it's also used for steemit users to meet and chat over text/voice. We use our voice channels to host the podcast but check out @steemspeak, there are loads of steemians to talk to on discord.

Ok cool, il check it out.
Cheers!

Congrats and success

I've asked a couple people since I did not want to bother you 2.... but now I am asking.

I do not understand the references and history with you guys and donuts, that you have branded into your stuff, I never have LOL.

  • now, I need to know !!!

LOL

The donut is going to be our support token.

We are selling donuts for cryptocurrency and we will buy them back with sbd from our posts, so there is potential to profit.

I understand that, but for months now, what is the deal with you and donuts in general, I never understood how that got started with you guys, and the constant references - that is what I mean and it is now a pressing issue, I have to know why!

lol

Would like to understand more of the details of this:

We distribute no more than 1000 tokens per month.
We offer the first 200 at promotional prices / for payment of promoting V.O.T.U.
We set a price for the other 800 when we announce the promotion
When we post, we sign what % of the post will go towards buying back our donuts

So I may better adjust my bid at a more workable price. Please feel free to reach out to me on discord. Thanks. ❤

The promotional price will be at least slightly higher than the highest bid. Then the fundraising price after promotions will also be higher, giving our supporters room for profit.

I upvote. Now, I'm not sure tokens are the best way to go but if you ever release one I'll be watching. I'm encouraging you guys to release more very short and funny video with snappy post titles. I love what you guys are doing!

Nice post! And have fun @beanz!

Sounds awesome. You know I love supporting VOTU.

We will be distributing a max of 1000 tokens per month with a stop to recreating the tokens probably after 15 months but that's a provisionary time frame as it's yet to be decided.

The price of the token will start slightly above the highest bidding price which is currently at 30c. As we gain more support and as we move closer to our goals we will be revealing details of what we have planned for the funds and so as long as the markets allow, we will be increasing our prices, which should hopefully leave room for our supporters to profit from selling the tokens back to us.

Is the supply limited at any time or is there any final limit to the token (for example the way there's only at most 21 million Bitcoins even after hundreds of years).

There will more than likely be a final limit at maybe 15'000 tokens. But it's yet to be decided and we might set a date to decide the limit a few months into fundraising when we should have a better chance at predicting for how long suits us and our supporters.

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