/biz/ - Business & Finance

[Anonymous No.15559975]

When pump frens

[Anonymous No.15559994]

Soon. $1 EOM, fueled by bitcoin's breakout and T1 exchange listing.

[Anonymous No.15560007]

All verifications are free on all subscription plans. One hundred validations are free for clients even on the $55 option. One validation is worth less than 55 cents, once you factor in profit margin and everything else the subscription offers to clients. Keep in mind, one validation costs at least 5 tokens. When you do the math, it's around 11 cents.

Tokens are divisible, except no reason why it would be necessary. There's a huge supply and it's a Chuck E Cheese token. V-ID could print eight trillion tokens out of thin air. It has no utility outside of the V-ID API. V-ID doesn't give a shit about the price, as they're paid in FIAT. V-ID makes majority of its revenue from subscription plans, servicing, and on-site training.

Token not needed. There is no staking and there is no reason to hold VIDT. Token is useless without a subscription plan.

[Anonymous No.15560014]

>>15560007
Here's the butthurt retard who sold the bottom , as usual.

[Anonymous No.15560036]

>>15560014
Nice to meet you again, delusional copium bagholder.

[Anonymous No.15560267]

>>15560007
As the most of you already know.. the team really cares, the investors care, the main investors own both tokens and equity, enough reason for the company to act accordingly.

For new customers, the first 100 ever are free ... not every month! Furthermore we cannot 'print' more VIDT tokens as there is a max supply that will only decrease.

The Token is not needed ‘question’, wow, I thought we were way beyond that but here we go again ; )

Client wallets serve as the KYC

After the KYC process, V-ID issues a client wallet for the respective customer. Each transaction from that wallet stands for the validation of a file from that identified customer. The token transactions are key to the identification and confirmation of the identity of the publishing party. A VIDT transaction is made which records all necessary details (filetype, validation location, timestamp, identity) every time an organization validates a file. The VIDT token used in the transaction will be deducted from the validating organization's wallet.

Ease of use is key for adoption

The process must be as accessible as possible in order for the V-ID platform, and blockchain technology as a whole, to be adopted broadly by businesses. Because the V-ID platform is accessible through an API or the simple drag-and-drop interface our customers do not need to understand the technicalities of blockchain and how to handle multiple wallets, make transactions, understand gas pricing and transaction rates, etc..

Cost control

Validations can be recorded in several different blockchain at the time like Ethereum, LTO Network, DigiByte and Bitcoin. The V-ID token allows V-ID to control the prices for validations in VIDT, to enable V-ID to compensate for the constant fluctuations of exchange rates and transaction fees that come with the different blockchains that are used.

[Anonymous No.15560300]

>>15560007

Transparency

Because V-ID uses a token, all transactions are public and traceable, providing transparency to our clients & investors.

Programmatic logic

It’s simply efficient as both the transaction validation data AND payment are stored IN the V-ID smart contract. In this way we added a simple novelty feature to the Ethereum network, a fast way to search for / verify data without requiring a transaction. All Ethereum full nodes (including ours) can instantly access validation data using this feature.

More on the VIDT token: https://about.v-id.org/token

Anything else Schizo Ron? Now go fuck yourself and make $ instead of acting like a handicapped pajeet here with brainlet FUD.

[Anonymous No.15560318]

>>15560300
Based paid shill

[Anonymous No.15560331]

>>15560267
>>15560300

YES. THE TEAM IS FINALLY ADDRESSING THE F.U.D. SCAM ARTISTS HEAD ON

I WILL NEVER SELL MY VIDT

THEY WILL HAVE TO PRY MY LEDGER OUT OF MY COLD DEAD HANDS

ROT IN HELL, NO VIDTERS

[Anonymous No.15560361]

The only real legit token around! T1 exchange listing this month. Get in or stay poor< Jerking of on the Chainlink scam. Go to Reddit to remind me within one month about your poor burger decision you made by sticking to scams instead of running businesses that make you guaranteed rich.

[Anonymous No.15560772]

>>15559994
Don't forget new clients and ieo with IBM!

[Anonymous No.15561419]

Any idea which exchange it is? Huobi would be perfect

If its some trash like hitbtc or bitmax its over

[Anonymous No.15561455]

>>15561419
its coinbase

[Anonymous No.15561849]

>>15561455
Source?

[Anonymous No.15562587]

>>15560267
>>15560300
you'll look pretty dumb if the team fails that t1 exchange listing

[Anonymous No.15562653]

>>15562587
They said they have a few options to choose from. They will likely pick KuCoin imo bc they still cater to Americans atm