VIDY VIDY

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$ 0.00002616 -1.96%

VIDY Price (VIDY)

VIDY to USD Price Chart

What Is the Current Price of VIDY?

As of now, the price of VIDY is $ 0.00002616. It's important to note that cryptocurrency prices are highly volatile and can fluctuate widely within short periods of time. The decreased over the last 24 hours is -1.96%, indicating the dynamic nature of the market.

What Is VIDY?

VIDY is the world's first decentralized ad network built on the Ethereum blockchain. It introduces an innovative way for advertisers to seamlessly integrate video ads within website texts, aimed at optimizing the relevance and engagement of the ads, while also benefiting publishers financially. Rather than distract users with obtrusive advertising, VIDY enhances the browsing experience by linking video content directly to related text found on a webpage.

Who Created VIDY?

The team behind VIDY consists of seasoned engineers, industry experts, and advisors well-versed in the worlds of technology and advertising. Although specific founders' names are not provided in the information, the infrastructure boasts strong partnerships with world-class brands and has secured a positive revenue stream with its compelling advertisement model.

How Does VIDY Work?

VIDY's platform operates using an invisible embed layer that allows users to reveal relevant video ads by simply holding down on hyperlinked text within a webpage. This user-friendly approach means viewers can access supplemental video content without being redirected or interrupted. Utilizing natural language processing (NLP) consensus protocol driven by miners, VIDY ensures that only the most relevant video ads are served, enhancing the overall web surfing experience.

Users are rewarded with VidyCoin upon engaging with these video ads, which they can use within the Vidy ecosystem for various purposes: purchasing goods and services, buying advertising campaigns, or staking for premium features.

What Are the Uses of VidyCoin?

VidyCoin is the native cryptocurrency used within the VIDY ad network. It serves multiple purposes, including: 1. Redeeming or purchasing goods and services on the Vidy Ecosystem. 2. Purchasing advertising campaigns to promote products or services. 3. Staking VidyCoin to gain access to premium advertising and publisher features, enhancing the user's influence and experience within the network.

How Is VIDY's Ad Technology Unique?

VIDY's ad technology is unique in that it's the first to offer a single-page invisible embed layer for videos that is entirely decentralized. This innovative approach benefits all parties involved in the advertising process – viewers can watch videos without leaving the page, advertisers enjoy higher ad engagement and conversion rates, and publishers receive better compensation for hosting the ads. Furthermore, the significant ad performance reported—a consistent click-through/view-rate of more than 30%—speaks to the effectiveness of VIDY's ad placement strategy.

What Is the Scale of VIDY's Adoption?

The adoption of VIDY's technology has been quite substantial, with commercial agreements in place with over 40 publishers across the globe, resulting in more than 3 billion monthly pageviews. This level of exposure represents access to upwards of 150 million unique visitors per month across several major regions, including but not limited to the Americas and various Asian countries. The network's engagement data is in the billions, marking a significant milestone in its reach and influence.

How Does VIDY Benefit Publishers and Advertisers?

For publishers, VIDY offers an innovative way to monetize content effectively without sacrificing user experience. Advertisers benefit from VIDY's platform through high engagement rates and conversion potentials, as users interact with video ads contextually embedded in the content they are already interested in. The ecosystem creates a symbiotic relationship where all stakeholders gain value: users enjoy relevant content, advertisers connect with their audience efficiently, and publishers generate revenue.

Where Can You Buy VIDY?

VIDY can be purchased on various Indodax, Hotbit, Gate.io, Huobi, Liquid, where it's listed for trading. To buy VIDY, you will need to set up an account on an exchange that supports VIDY, verify your identity as required, fund your account with a currency that can be paired with VIDY, and then proceed to buy the cryptocurrency according to the exchange's buying process. It's important to utilize secure practices when engaging with cryptocurrencies to ensure the safety of your assets.

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