Review on VideoCoin by David Olayide
VideoCoin: The Pioneer Solution For The Crypto Community
VideoCoin (VID) is an open-source protocol that powers core video infrastructure with a new token model that rewards workers or miners without creating new tokens with VideoCoin from fees and Fiat. Videocoin is a sort of video infrastructure that aims to be the first solution in the cryptocurrency economy, to allow the streaming of video content.
If it happens that you’re interested in purchasing some VideoCoins then you can head to exchanges for trading in VideoCoin which currently includes KuCoin, UniswapV2, and Bittrex cryptocurrency exchanges. To the best of my knowledge, I know there is a circulating supply of 150,470,896 VID coins.
Quite recently I discovered that the VideoCoin Network plans to facilitate an integration with Filecoin to power the Video NFT market. I will really like to see how this actually works out though.
VideoCoins fosters the delivery of and distribution of content with an infrastructure of servers that communicate directly together. This allows, for satisfactory degree of efficiency in the distribution of content. I’m interested in actually seeing how this project achieves it’s aims and objectives.
Pros
- Access to streaming video content
- Efficient distribution of content
- VideoCoin aims to pioneer the first solution in the crypto community
- Possible plans of Integration with Filecoin
Cons
- Low market value for VID
- In depth project structure is needed
