VIDY: THE VIDEO LAYER FOR ADS
In the internet world today, millions of people install ad blockers in the mobile phones, desktop, and other internet devices just to ensure they are not constantly disturbed by various advertisement industries.
This got many world wide web users complaining because they have no say or choice of the kind of ad they want to see and making it seem like the only way out is to completely opt out of the ecosystem.
It is great to see that there is a solution coming up as vidy is here to bring those millions of users back into the advertisement ecosystem with its tri-layer solution that is built on the blockchain.
Vidy is the first decentralized video ad distributor built on the Ethereum blockchain that embeds video ads behind the text of web pages via an NLP consensus-layer.
With just a hold, users will be able to reveal tiny hyper-relevant videos hidden behind the text of any page on the web.
See how it works in the video below.
A ledger system is created that measures how long a user watches an ad. Vidy will reward publishers and users with the vidycoin accordingly.
In this way, vidy will be able to compensate users and publishers as well as deliver video ads in a good manner through the NLP-powered consensus layer.
The vidy solution is an invisible layer that rests atop any web page, thereby allowing advertisers to embed their video ads behind the relevant text that they are linked to.
Vidy is a decentralized project built on the blockchain which will allow transparency, security, privacy to ad distribution for all parties. This can be accomplished with its open-source protocol for NLP-powered video advertisement distribution, driven by miners on the consensus layer.
Vidy is built on the Ethereum blockchain because of its smooth track record and smart contract technology.
Vidy has a tri-layer platform on the Ethereum blockchain which you can see in pictures below;
- The Data Layer: The data layer warehouses a collection of user’s data points and place them in a secure smart contract for safe handoff to the consensus layer when miners are making a real-time determination of when and where to place an ad.
- The Consensus Layer: The consensus layer receives user’s data along with ad performance information from the data layer and processes it as input in the script that it runs.
- The Application Layer: The application layer registers and reports all events and activity back to the data layer so that the consensus layer can make a continuous improvement on NLP placements.
Vidy will use the decentralized currency called the ‘VidyCoin’ (VIDY). This will serve as a means of exchange for everyone using the vidy platform. This will be a revolution for both ad publishers and advertisers.
For more information, see the following links;
Website
Whitepaper
Telegram Group
Bitcointalk
Twitter
Facebook
Nice project
Been a while I saw your post, Bro
Hope you good?
Yeah bro... Thanks for the look up. You can check out the project too.
@prechi, I do not understand anything written
I did not understand how you got 1,400+ followers without a post. Adamu