FAQ

Company
What is Vidy?

Vidy is the world's first decentralized ad network, powered by the Ethereum blockchain. Vidy's ad platform allows advertisers to embed video ads directly into hyper-relevant website text, improving user experience, ad conversions and publisher payments.With just a hold, users can now reveal tiny hyper-relevant videos embedded in the text of any page on the web, unlocking a whole new dimension of the internet. All ads are placed with an NLP consensus protocol driven by miners.With a team of veteran engineers, industry-leading advisors and world-class brand partners, Vidy is on it's way to reinventing online advertising, e-commerce, and entertainment.

What is VidyCoin?

VidyCoin is Vidy’s ERC20 utility token and the currency of Vidy’s Ad Ecosystem.
Advertisers purchase ad placements using VidyCoin and that VidyCoin is received by publishers and by the miners who run Vidy’s NLP protocol to place those ads.

Who is on the Vidy team?

The Vidy project grew out of Harvard University, where Patrick Colangelo (CEO) founded the company out of his dorm room and was president of the Harvard Entrepreneurship Forum.
The Vidy team has wide ranging industry/technical backgrounds including Hedge Fund Management (Patrick Colangelo), Private Equity and Angel Investment (Dan Sullivan), International Investment Banking (Matthew Lim), Mobile Game Development and Blockchain development (Jake Rosin), Artificial Intelligence, Augmented Reality and Blockchain Development (Marco Vanossi), Supply Chain Logistics (Garrett Wilson), Ad Blocking Extensions (Arria Owlia), Automotive Software Development and cryptography (Nicholas Kubiac), Computational Linguistics, Machine Learning and Artificial Intelligence (Kyubyong Park), Artificial Intelligence, Computer Vision, and blockchain development (Harry Yang).
In addition to the industry and technical experience listed above, each member of the Vidy team was selected for their experience founding and running their own business, with several achieving multiple successful exits before joining the Vidy team.
We have chosen to disrupt the advertising industry because 1) we recognize the massive economic opportunity in doing so and 2) we are perfectly positioned to create something spectacular given our team's collective natural language, blockchain, and business development expertise.

Who are Vidy’s advisors?

Vidy has a world-class advisory team that includes industry leaders in advertising and publishing. You can find the complete list of advisors on our homepage here (https://vidy.com).
Who are Vidy’s Partners?
Who are Vidy’s partners:
Vidy has already lined up a blue-chip list of advertiser and publisher partners, including Coca-Cola, Sephora, Mercedes-Benz, MediaCorp and CNN.
We’ve lined up over 30 partners to date and are growing our partner list by the day.
We’ll be announcing new partnerships on our Twitter (https://twitter.com/vidycoin) and Telegram (https://t.me/vidycoin) channels.
If you’re interested in becoming a Partner Advertiser or Publisher, please reach out to us at [email protected].

ICO
ICO Timeline

We’ll keep an active countdown / calendar for our Pre-ICO and ICO on our homepage (vidy.com).

Token Distribution

Through our Pre-ICO and ICO, we will be selling/distributing up to 52% of our 10B total VidyCoin tokens.
All 10B VidyCoin will exist at inception.  There is no future generation.
Tokens will be initially distributed as follows:

52% Sales (private, pre-ICO, public)
22% Team
25% Partners / Advisors
0.5% Bounties
0.5% Airdrops

By the time this distribution is finished, Vidy (the company) will retain no VidyCoins (although individual members of the team will receive coins as part of the “Team” vesting).

Soft Cap / Hard Cap and Minimum / Maximum Personal Investments

As of now, we only plan on accepting ETH as payment for VidyCoins.
We will have a Soft Cap of 15,000 ETH and a Hard Cap of 60,000 ETH.
We will have a personal minimum purchase of 0.1 ETH and a personal Maximum purchase of 3,000 ETH.

Lock-Up Period

All tokens will be released over the 12 month period beginning with the pre-ICO start date.  After that point all tokens will be liquid and Vidy will have no direct control over how they are spent.

Lock-in periods (starting from pre-ICO launch date)

Vidy team 12 months
Advisors 6 months
Private investors 6 months
Pre-ICO 3 months

Bounty Program

Vidy will have a robust bounty campaign powered by its passionate community.
We plan on announcing our Bounty Campaign before the End of June on our Telegram and BitCoinTalk channels and it will include at least the following programs: Content Generation, Signatures, Telegram, BitcoinTalk, Twitter,Translation.