Videos are ever increasing in popularity
If you are someone who regularly browses the internet and use social media, you know that videos are everywhere and that they are a quite popular form of entertainment/information source. YouTube which is one of the most visited websites on the entire internet is a website dedicated to only videos. Something that you might not know as a viewer is that video ads generate significantly more revenue than regular ads, which makes them very attractive for website owners and content creators. But there is a problem in the industry, big sites like Facebook and YouTube are driven by advanced algorithms which don’t promote the best or most relevant content out there, but rather what makes people stay on the site. For creators who make videos on specific topics or niches, this is a major disadvantage. Native Video Box has come up with a solution to this problem which not only helps the creators who need recognizing, but also website owners who wish to add relevant video content to their site. An artificial intelligence bot created by NVB will be pairing videos and websites together so visitors can view the most relevant videos on the websites using NVB. This creates a win-win situation as video creators get exposure for their hard work and website owners get relevant video content on their site, while all parties in the NVB ecosystem get a share of the ad revenue generated by video ads.
The business behind Native Video Box & the NVB token
It is always important for any project to have a big market to tackle, and in this case, Native Video Box definitely has exactly that. According to statistics, it was revealed that 80% of all internet traffic is now made up of videos. In front of all of those, a video-ad could be played, so the market is enormous. On top of that, the online video industry has been growing rapidly in the latest years and isn’t expected to slow down in the near future. To make the ecosystem run around, Native Video Box is issuing their own ERC20 token, the NVB token. All payments and transfers made within the NVB ecosystem can only be facilitated with NVB tokens which creates a natural demand in relation to the popularity of the service. A buyback program has also been established where 20% of the bought NVB tokens will be burned which deflate the total supply over time. Native Video Box has already created a working demo of their product, check it out here.
To fund their project, Native Video Box is raising funds through an initial coin offering (ICO), selling their ERC20 token NVB. NVB tokens are going to be an essential part of the NVB ecosystem as described above.
The token sale started the 1st of January
The token sale ends the 15th of April
1 NVB = 1 USD
- Total amount of tokens minted is 20,000,000 NVB
- A maximum of 16,000,000 NVB will be for sale during the ICO
- Hard cap is 15,000,000 USD
If you find this project interesting and wish to learn more about it or their token sale, you can visit the following links below and read their whitepaper. To keep yourself up to date on the project, you can follow their social media accounts also linked below.
ANN Thread: https://bitcointalk.org/index.php?topic=2294109
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