MAKE IT VIRAL: ANNOUNCES CROWDFUNDING FOR VIDEO EXCHANGE PLATFORM BASED ON BLOCKCHAIN
The Italian video exchange platform 'Make It Viral' has announced its crowdfunding campaign. The crowdfunding campaign will begin on July 18, 2017 and will give investors the opportunity to support the innovative blockchain-based platform that supports enhanced video distribution and comes with an integrated cryptoactive system.
Make It Viral aims to eliminate some of the less appreciated features present on today's popular video distribution platforms like YouTube and Twitch, while offering unique benefits to both users and uploaders on their platform. MIV is working to provide a unique video sharing platform experience, with the help of blockchain technology.
The MIV video exchange platform targets a wider audience and not just those directly involved with cryptomoneda. Unlike the main platforms, MIV will have a minimum number of banners and advertising. The platform will have the option to send micro-donations and contribute IVM to the creators of the viral video.
Users will be safe from lost payments from ad affiliations and chargebacks from payment processors. They will also incur fewer commissions than traditional video sharing platforms, while being able to accept micro-donations. These factors will help users increase their fan base on the platform. MIV intends to install automatic exchangers with an output to convert MIV into fiat money for the convenience of users and uploaders.
MIV allows video uploaders to reach new users through the platform's Integrated Ranking System. The platform aims to be as user-friendly as possible, and has expanded the full application support for both iOS and Android.
WHAT IS MIV?
MIV is the native token of the 'Make It Viral' video sharing platform and will be used by users to vote for their favorite content and help them gain more visibility. The company has chosen to implement MIV as the medium of value exchange between viewers and those who upload video to the platform. Users will be able to receive IVM on a daily basis to help drive the ecosystem.
In addition, MIV will soon be available to trade in several exchange houses and Make It Viral aims to implement an exchange later on the platform.
CROWDFUNDING CAMPAIGN
The MIV team will carry out a crowdfunding campaign from July 18, 2017 until the end of October. All funds raised from the crowdfunding campaign will be used to develop various aspects of the projects. The company intends to collect a minimum of 60 BTCs during the course of the crowdfunding campaign.
Funds raised from the successful crowdsale will go to software development, application development, security, integrated platform portfolios, sponsorship, marketing, hosting conventions, public relations, rewards and more.
The total of 50 billion MINT Tokens minted will be allocated as follows:
5 billion will be allocated to the team
15 billion will be delivered free to active users of the platform, while leaving aside a small portion for rewards and marketing payments.
30,000 million IVM will be offered through the crowdsale, to be distributed in several phases.
Until July 31, 2017, the price of 1 MIV will be 3 satoshis. In August, the MIV token price will increase to 4 satoshis and to 5 satoshis throughout the month of September. In October, MIV chips will be sold at 6 satoshis / token.
Source of information and image here
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