Introducing Vidy: The world's first decentralized ad network

in #vidy3 years ago

Welcome to Vidy

Can Blockchain Give Consumers More Control Over How They View Ads? What if you see a link and hold down to watch that ad, you earn money ?

For the first time ever, when you see a Vidylink and hold down to watch that vidy ad, you earn money.Vidy compensates you with VidyCoin (VIDY) for each second that you hold down. The longer you hold, the more you earn. You can even make a purchase on that video using your VidyCoin with just one tap.

What is Vidy ?

Vidy is the world's first decentralized ad network, powered by the Ethereum blockchain.
Vidy's ad platform allows advertisers to embed video ads directly into hyper-relevant website text, improving user experience, ad conversions and publisher payments.

With just a hold, users can now reveal tiny hyper-relevant videos embedded in the text of any page on the web, unlocking a whole new dimension of the internet. All ads are placed with an NLP consensus protocol driven by miners.

With a team of veteran engineers, industry-leading advisors and world-class brand partners, Vidy is on it's way to reinventing online advertising, e-commerce, and entertainment.

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How VIDY Ecosystem works?

Vidy’s ad placement mechanism is a proprietary open-source NLP protocol, run by miners, that automatically places video ads on a massive scale into the hyper-relevant text of millions of publisher pages.

Vidy's Tri-Layer Solution

Circular hyper-relevant tiny videos that pop up while holding down on Vidylinks.

Vidy indexes hundreds of millions site pages and parses the natural language on screen for matching against the NLP Protocol. This becomes the total available inventory for ad placement on live ad campaigns.

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Application Layer

The application layer is the consumer-facing distributor of video ads across the web, encapsulated in an SDK that can be installed with just a tap by any publisher.

Consensus Layer

The consensus layer receives user data along with ad performance information from the data layer and processes it as inputs in the placement-scripts that it runs. This is done in conjunction with decrypting the smart contracts that are handed off for user-data target application.

Data Layer

The data layer is the foundation of the Vidy Ad distribution platform, concurrently communicating with the application consensus layers, and transparently maintaining all incoming data in the immutable Vidy ledger. The data layer maintains a record of all embed placements, hold times, VidyCoin payouts, VidyCoin staked balances, and all VidyCoin transactions via the application layer’s one-tap purchase modal.

The First Open NLP Protocol

Vidy’s ad placement mechanism is a proprietary open-source NLP protocol that automatically places video ads on a massive scale into the hyper-relevant text of millions of publisher pages.

This open NLP protocol is run by miners who are compensated with VidyCoin for each successful placement and corresponding decryption of a visitor’s data profile which is locked in a smart contract. Vidy analyzes and indexes trillions of words of text on publisher pages across the internet and matches them through its AI-powered deep natural language understanding models with parsed and transcribed advertiser videos.

What is Blockchain?

Blockchain is technology that offers a digitized, decentralized, public ledger of the exchange of data. Its decentralized nature means no single person or company controls data entry or its integrity, and its method “chains” together data entries so that they cannot be modified later. Blockchain provides a way for large groups of unrelated companies to jointly keep a secure and reliable record of the exchange of data.

What are the benefits of blockchain in the media and advertising space?

Given the complex nature of the digital advertising supply chain, blockchain technology can offer greater efficiency, reliable and high-quality data.

Blockchains can create a more efficient medium by which two or more completely anonymous or semi-anonymous parties can complete various types of transactions potentially at a low cost.

Since blockchains are decentralized peer-to-peer networks, there is no single point of failure and no single access point for malicious hackers. Thus, it enhances safety and security for data.

This ability to keep a fully verifiable and immutable ledger or database that is available to all members of the blockchain provides a layer of trust and transparency that isn’t always available within media and advertising processes.

While blockchain will not cure all of ad tech’s problems, it can be beneficial in situations where there is censorship and both sides of the supply chain (i.e. publisher and advertiser) are disadvantaged by not having access to that information.

Join the decentralized ad network revolution with Vidy.

We have some major announcements coming soon! Please join our telegram https://www.t.me/vidycoin to learn more about our project’s progress.

Reach us at:

Website: https://vidy.com/
Twitter: https://twitter.com/vidycoin
Facebook: https://www.facebook.com/VidyCoin
Telegram: https://www.t.me/vidycoin
Medium: https://medium.com/@vidycoin
Bitcointalk: https://bitcointalk.org/index.php?topic=4513155.msg40635736#msg40635736
Reddit: https://www.reddit.com/r/Vidy/

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@vidy, I gave you an upvote on your post! Please give me a follow and I will give you a follow in return and possible future votes!

Thank you in advance!

GOOD NICE TEAM

Great article. A great project with great minds and brains propelling it's affairs #Tivere