Vice Industry Token is utilizing a platform for adult entertainment where both the viewers and content creators are rewarded for partaking. This is seamlessly achieved by utilizing the Steem blockchain which allows the audience to reward content creators and the audience gets rewarded for curating.

Part 1: VRIO Analysis
VRIO analysis gives a crisp and tight snapshot of the odds of success of a project.

I’ll be analyzing whether Vice Industry Token genuinely adds value to the overall state of cryptos and whether its value-addition is sustainable and maintainable.

Value: A project is valuable if it allows a better means of exploiting resources.
And Vice Industry Token is definitely making way for better exploiting one of the greatest technological resources: the blockchain.

Vice Industry is creating an unthinkable value-addition to the adult entertainment industry: the viewers are going to be paid. This is a factor that was never considered in any operational model before. There is a strong incentive for any adult entertainment viewer to shift to this platform.

Additionally, Vice is going to have a powerful impact on the adult entertainment industry as the sector’s content production is about to become decentralized. While it was once completely controlled by a few hands, it’s now going to be extremely easy for content creators to independently produce and distribute content and reap the payments as all of it is seamlessly handled on a single platform.

Moreover, it’s quite likely that the supply (and demand) will grow for adult entertainment as the middle-man has been completely removed from the equation and all the profits are interaction is handled by the creators and their audience. Vice is not just taking a piece of the pie; it’s tossing out the old pie, bring its own new flavor, and gorging it all by itself.

Rarity: If a project offers something that can be attained without the blockchain, then generating market adoption will be very challenging. The offering needs to be tough to get without the aid of the blockchain.
Blockchain services and platforms already exist, and a blockchain platform that rewards content creators and curators also already exists. What Vice is offering is an extension of a successful platform into the adult industry.

They have no competition from the blockchain industry and as the only platform for decentralized content sourcing, it’s not just a rare product, it’s actually the only fish, of this kind.

Moreover, it’s one of very few services that rewards its customers with money for doing what they already do.

Imitation: Imitation is a major threat to any new project and it’s important to analyze whether a project’s key service can easily be reproduced by copy-cats.
Imitation is commonplace in the blockchain environment. But Vice Industry Token has come into a sector of the blockchain industry that is almost untouched.

Existing major projects in the blockchain market are not going to enter the market Vice is in; this ensures that Vice will likely have little concern for being stung by a power-player in the crypto market.

Vice is at a stage where any attempts by new launches to copy its model would be at a staunch disadvantage. Vice has reached its capital-sourcing stage and the ball is set to roll.

Organization: Any company is essentially a successful effort of a group of individuals. Any crypto project’s success heavily rests on the capability of its team to properly manage and organize all efforts and funds.
Vice Industry Token’s team has considerable experience in the target industry and its members are qualified to build the tech necessary to carry out this project as they have already built the platform.
The challenge will be how well the team remains organized as adoption kicks in and the market begins to desire their product.

Part 2: Essential Information
Website: https://vicetoken.com/
Whitepaper: https://vicetoken.com/static/Vice_Industry_Token_Whitepaper.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=2675532.0
Telegram: https://t.me/viceindustrytoken
Token Sale: FEB. 5
Ticker: VICE

Note
As is the case with investments in any security or asset, you should invest in ICOs and tokens only an amount you are willing to lose. Investments in the crypto market are high-risk, high-reward moves and investor due diligence is imperative.

Watch Out
If you intend to invest in the project’s ICO, be sure to utilize the official project website. As disappointing as it may be, scammers are rampant in the crypto market and many try to scam investors through deceptive measures by identity theft of project leaders and phishing measures.

You should only contact official company social media profiles for your informational needs and queries, and you should invest in the ICO directly through the company website.

Please
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Vice Industry Token Website: https://vicetoken.com/

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