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The VTOS blockchain platform that aims to decentralize content delivery and social networking, has announced its token sale to launch on May 28th, 2018. Based on a hybrid and resilient technology of content delivery network (CDN) / peer-to-peer (P2P), VTOS is an elastic, ultra-scalable platform build to accommodate the ever-expanding social network content sharing industry.
We are social creatures
About 1 in every 3 person globally – some 2.5 billion people – participates in some form of social networking, as the internet’s growth resulted in the seamless connectivity of people with each other, sharing information and knowledge.
This has resulted in the popularity of household names such as Facebook, Instagram, Twitter and YouTube, with almost every person online holding an account on any one of these social media platforms.
With billions of users sharing content daily, and with value attached to all this content, the worth of these social media companies have skyrocketed as they find ways to tap into the commercial potential of user-generated content.
VTOS: A rewards-based social networking decentralized platform
VTOS has fully embraced all the technological innovations of blockchain, providing decentralized applications across all its features: native browser support, live streaming encryption, mobile device support, smart P2P upload control and cross-platform P2P ability.
The aim is not merely to decentralize but to recognize the worth of content creators – users themselves. The team behind VTOS has self-engineered the platform around a Masternode system that allows all users to themselves store all the content they create and contribute.
All users and content creators will also be rewarded for every interaction recorded on the platform. This incentive system will ensure that the platform sees useful activity being generated consistently.
Furthermore, masternodes will mean that video streaming and data sharing have never been more efficient, supporting low latency expandable buffers to share content near-instantaneously. All users will be able to run their own masternode to help secure the network and provide services with a minimum of only 1,000 VTOS tokens, while earning monthly rewards in return.
These will be easy to maintain, with no setup necessary, since they run on smart contracts using the Ethereum protocol via a dAPP. Users can manage tokens freely, all the while contributing to a low-cost storage option and ensuring a sustainable cycle of support within the ecosystem.
The VTOS token sale
Interested supporters can participate in the VTOS token sale that starts on May 28th, 2018 and concludes on August 6th, 2018. A total supply of 330,000,000 VTOS will be available for purchase at a starting price of $0.15 per token. Contributions can be made in Bitcoin and Ethereum.
Early backers can benefit from bonuses, starting at 30% during the earliest stage, with decreasing bonuses applying to latter stages.
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