VIDT Datalink (VIDT)

1. What is VIDT Datalink (VIDT)?

VIDT Datalink is a blockchain-powered data validation platform. The project aims to safely certify and secure all digital assets, so fraud and errors no longer hold back innovations in digitalization.

Any user can register a file with the VIDT Datalink platform, which will create a hash that corresponds to this particular file, then store it on a blockchain of the user's choice. Since any change in the file will make its hash vastly different, the VIDT Datalink platform can easily detect any file tampering on behalf of the user.

The VIDT token is used as the means for payment in the VIDT Datalink platform. It can be used to issue transactions which record hash of the file, timestamp, personal and corporate wallet addresses.

2. Recent news

• July 2020: partnered with Waves to integrate data anchoring for Gravity and Neutrino protocol.
• July 2020: joined the Dutch Blockchain Coalition as a partner.
• Feb 2020: collaborated with IBM to install the first IoT sensors in IBM Headquarters.
• Jan 2020: announced partnership with Frank & the Backs, who will help with VIDT Datalink's scale-up strategy.
• Jan 2020: Gert-Jan Huizer joined VIDT Datalink as Strategic Partner.
• Jan 2020: announced partnership with Fantom to collaborate on government-related projects.

3. Economics and supply

• Private Sale: conducted between between August 15th and October 15th 2018 for 0.084 USD / VIDT at an average rate of 6,521 USD = 1 BTC and 1.176 USD = 1 EUR, and raised a total of 0.85 MM USD, for 10,080,000 VIDT. The Private Sale was conducted in BTC and EUR, and raised a total of 2 BTC and 708,626 EUR.
• Public Sale: conducted between October 15th and December 24th 2018 for 0.126 USD / VIDT at an average rate of 171 USD = 1 ETH, 4,490 USD = 1 BTC and 1.163 USD = 1 EUR, and raised a total of 2.40 MM USD, for 19,070,000 VIDT. The Public Sale was conducted in ETH, BTC and EUR, and raised a total of 811 ETH, 39 BTC and 1,795,562 EUR.

The token supply distribution is as follows:

• Public Sale tokens comprise 19.07% of initial total supply.
• Private Sale tokens comprise 10.08% of initial total supply.
• Team tokens comprise 3.00% of initial total supply.
• Advisors tokens comprise 2.00% of initial total supply.
• Validation Pool tokens comprise 12.00% of initial total supply.
• Ecosystem Development Fund tokens comprise 10.00% of initial total supply.
• Bounty Program tokens comprise 7.15% of initial total supply.

The VIDT token had an initial total supply of 100,000,000. However, 32,850,000 unsold tokens were burnt, reducing the total supply to 67,150,000. In addition, the V-ID team conducts a monthly buyback & burn program.

VIDT token distribution (%)

VIDT token release schedule

Please note that the 12,000,000 VIDT tokens stored in the Validation Pool are planned to never go into circulation; the following release schedule for Ecosystem Development Fund tokens assumes VIDT Datalink will win the Binance Community Vote.

VIDT token release schedule

4. VIDT Datalink's activity and community overview

4.1 Development activity

4.2 On-chain activity

4.2 Social and community data

Community strategy

VIDT Datalink will focus on Europe, Asia, and the Middle-East for its initial community development, before expanding into other regions of the world.

Current community growth strategies of VIDT Datalink include:

• Constantly reaching out to Business-to-Customer service providers for VIDT Datalink integration.
• Working with the Fantom Foundation on government-related projects to increase brand awareness.
• Updating the community constantly via social media channels.

Future community growth strategies of VIDT Datalink include:

• Co-hosting meetups and conferences with partner exchanges and projects.
• Working with industry thought-leaders to promote VIDT Datalink integration.

Community and social channels

Telegram News Channel (English)
Twitter (English)
Medium (English)
Unofficial Telegram Community (English)