What is VTOS Project?

in #vtos6 years ago

What is VTOS Project?

VTOS is a decentralized CDN & social network built in an infrastructure which embraces the full application of blockchain technology.

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VTOS is a decentralized platform for posting videos, streams and other content in the form of a social network. This resource, according to its developers, aims to provide the kind of services made popular by various existing online platforms for social communication and posting content, but with the use of advanced technologies such as p2p networks to transfer data and an innovative service using torrents (WebTorrent).

The project is managed by an experienced team with a strong education and background. An additional advantage is the fact that the team consists of experienced IT specialists, marketers and analysts.

VTOS Mission:
VTOS aims to be the leading video and data sharing website. We want to decentralize video and blog content to give value to creators and contributors in a way that has not been done before. Furthermore, we will use VTOS technology that is self-engineered and powered by WebTorrent so others can use it to store data, video, and stream content.

Using the underlying blockchain technology we want to be the first social content aggregator to unify these advanced technologies. The underlying VTOS technology is top-notch allowing almost free hosting of videos. We believe that we have the opportunity to connect people from all races, creeds, and backgrounds around the world, and improve their experiences, either as content creators or as users and reward them for it.

VTOS Technology:
Your natural curiosity may be wondering how this giant social media library effectively functions. Thankfully, for those who are less inclined to the tech-savvy terminology found in the Whitepaper and more visually inclined, the VTOS webpage produced a diagram indicating the master equation on how the project will support itself.

VTOS has what is the “Master Node” system. In efforts to ensure that all OS users have equal opportunity to download VTOS, the platform is compatible with Android, Apple and Microsoft products. Essentially, both users and data miners will have the ability to run their own master nodes through the network, which in turn produces tokens (in the beginning stages, there’s also various rewards included).

Users can utilize their tokens to create ad space, sell their account, or continue to develop their own personal user adspace, exchange for other cryptocurrencies, or donate more tokens to support various user content (videos, music, documents, advertisement sharing) of their choice.

This methodology, in turn, endows other users to build or sell their own spaces, share media, donate to the VTOS master node and so forth. It is a continuous supportive cycling network.

How Does VTOS Works?
The interaction of all participants of the ecosystem is presented by the team in the following form:

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The choice of blockchain technology for the release of the program is justified, firstly, by the need for simple, transparent and automated way to transfer rewards to the users. Secondly, it will, in contrast to traditional video hosting services that use costly servers, reduce the cost of the hosted content by distributing the storage and display functions to masternodes or from user to user without involving third parties. Another factor that justifying the decentralization is the desire of the team to transfer control of the selection of the displayed content into hands of the user, thereby making the content focused largely on preferences and interests of participants in the ecosystem rather than on the increase in profitability.

VTOS Team:
At the top of the pyramid is Daniel Valdez, CEO, and developer for simplifying protocols for token distribution through the blockchain nodes, as well as the compensation plans for VTOS. In line next to Valdez is Juan Carlos Ruiz, CFO, whose claim to fame is masterful proficiency in financial advisement, dealings and saw to managing legal, operational and technology-related risks at two distinguished accounting firms in Mexico.

Finally, the third leg of the enterprise is Enrique Sandoval, CTO, and his skilled expertise lies in management of voice networks, video conferencing and data performance in regards to extensive coding protocols.

Should there be inquiry on who to turn to in lieu of questions about the VTOS application, refer to the rest of the VTOS team listing, as the support is quite long.

We conclude that the project team has a high level of knowledge, skills and professional experience in their field, which could certainly contribute to successful implementation of the project. An additional advantage is the fact that the team consists of experienced IT specialists, marketers and analysts. With regard to the project's activity online, we have not identified any negative or damaging information, including regarding any participation in other ICOs, but information about the ICO is almost nonexistent, so the community has not yet evaluated the project

Roadmap:

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Token Sales Detail:
The name of token is the VTOS, is an Ethereum ERC20 Compliant Token. And over 55%of them will be sold during the ICO period. There is a total of 330,000,000 VTOS that will eventually be in distribution. And the soft cap for thm is $4 million, the hard cap is $40 million. The ICO Bonus starts at $0.15 USD and goes down to 0% by the sixth round.

Tokens will be distributed among the team, bounties, masternodes, advisors, and the ICO. The fund raised at the ICO will be allocated to the Masternodes, servers, engineers, WebTorren Upgrades, and PR among other assets. Employees, operational costs and office prep will also be taken into consideration. Investors and legal compliance will also be included in how the funds raised will be allocated.

Token: VTOS

Price: 1 VTOS = 0.15 USD

Bonus: Available

Bounty: Available

MVP/Prototype: Available

Platform: Ethereum

Accepting: BTC, ETH

Soft cap: 4,000,000 USD

Hard cap: 40,000,000 USD

Country: México

Whitelist/KYC: None

Restricted areas: USA, Russia, China

For more information:

Website: https://vtos.io/

Whitepaper: https://vtos.io/public/downloads/whitepaper.pdf

Bitcointalk thread: https://bitcointalk.org/index.php?topic=3373441

Telegram: https://t.me/vtosofficial

Twitter: http://twitter.com/vtosfoundation

Facebook: http://facebook.com/vtos.io

Author: tinhkhuat

Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1885373

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