[ANN] [VIRAL] [Trading Live - Bittrex + C-CEX] Advanced Development

[WhatsGoinOn]

Looking forward to discussing the following topics at the meet-up tonight - I know we might not get to all of them but they are all of interest to me:

• What kind of sponsors & contracts are most likely in the first months, and how long before the Viral backend is functional enough to run campaigns
• Why Twitter seems to be the first target market
• An in-depth description of subnodes
• What are the main challenges that need to be met in the first few months
• Some information about how the wallet GUI will function
• Will white label / branded wallets be a possibility for sub-nodes

Good questions. Especially about the white label wallets. Will we be able to recruit then sell our nodelings Viral and color those coins / wallets to tag our economic contribution to the network?

[1713874644]

1713874644

[1713874644]

1713874644

[lambdaE]

i like it! keep up the good work viral team. make my small investing go up 100 times and more por favor 

[LiteBit]

September 10:

VERIFIED protocol launch:

The VERI protocol will run on top of the VIRAL blockchain. The VERIFIED protocol will create a decentralized social network that allows users to further monetize their daily social media activities. For a limited period of time, users will be able to burn their VIRAL for Verified tokens (VERI). The VERI tokens will be limited in quantity and be required to further partake in the network. VERI will be to VIRAL as XCP is to BTC.

Could you explain this in more depth?

• Will VERI ultimately be the platform to VIRAL profit sharing? (I'm assuming "yes")
• So TWITTER token, FACEBOOK token, ADSENSE token, etc...?
• Will tokens be user created or Dev team created?
• Will holders of VERI be rewarded with other tokens (similar to SWARM crowdfunding)?
• What value will VERI bring market-wise? Being limited quantity will it be worth more than VIRAL or will it be worth less because it's not an investment coin it's more of a fuel coin (similar to ETHER for Ethereum)?

[bitcoinmax88]

Good Morning everyone!  I am just sending out all the info about the show/discussion/meet tonight to all of you out there who crowdfunded in phase 1. Due to the severe limitations of this discussion forum, I can only send 30 private messages every hour. So it will take sometime. however if anyone here now wants to help bypass that waiting period, just send me a pm on here with your email address so I can get back to you without the limit time.

Looking forward to spending time with you tonight!

Adam G.

[ViralDev]

September 10:

VERIFIED protocol launch:

The VERI protocol will run on top of the VIRAL blockchain. The VERIFIED protocol will create a decentralized social network that allows users to further monetize their daily social media activities. For a limited period of time, users will be able to burn their VIRAL for Verified tokens (VERI). The VERI tokens will be limited in quantity and be required to further partake in the network. VERI will be to VIRAL as XCP is to BTC.

Could you explain this in more depth?

• Will VERI ultimately be the platform to VIRAL profit sharing? (I'm assuming "yes")
• So TWITTER token, FACEBOOK token, ADSENSE token, etc...?
• Will tokens be user created or Dev team created?
• Will holders of VERI be rewarded with other tokens (similar to SWARM crowdfunding)?
• What value will VERI bring market-wise? Being limited quantity will it be worth more than VIRAL or will it be worth less because it's not an investment coin it's more of a fuel coin (similar to ETHER for Ethereum)?

Hi there.

Excellent questions. Let me try to tackle a few of them.

Veri refers to the process and mechanisms of core users being able to build out nodes out of their own social networks within the Viral system. In other words,  subnodes. This will be profitable to the person building out the node because nodes will be rewarded for their weight and reach. It is also profitable for the ecosystem as a whole.  It allows us to offer sponsors super-targeted campaigns, with a very desireable ROI - at a premium price.

Monetization can be done various ways, depending on how one one sets up the nodes. One could evolve in the direction of DAC (high performing members evolve into entities, and offer shares of themselves to investors). Alternatively, one could color coins and wallets, so that newly recruited participants, node growth, and spread can be built directly into payout metrics via the block chain.  We have some very definite ideas on how we would like these nodes to function and collect revenue. There are definitely different ways to do this. We have planned a process that begins this week to involve the crowdfunders in the discussion of these very things.

I would not anticipate that separate tokens for each network would be the solution.  It may add complexity that is simply not needed. To your question on the value of Veri in relation with Viral, there are two key effects with Veri: it requires burning and reduction of the Viral supply, and Veri will be the base of Verified. Value there is twofold: as Veri, and as the required staking crypto for entities that are operating as nodes. i think it is far to early to think about valuation of Veri in an isolated sense. Much of that depends on how we structure the nodes as discussed above, and their profit mechanisms and characteristics.

I would also point out there are two distinct sides of the Viral platform - the disruptive social media strategies Adam is heading up, and the more technical side, of what sort of block chain structures and mechanisms can best underpin the Viral network, its nodes, and the revenue flowing through it.  Adam's specialization is obviously in the first area. The other devs are primarily responsible for technical aspects.

As I mentioned, as a team we have identified some core questions that we would like to discuss with the community over the coming weeks. Adam will be outlining these in the meet-up this evening. We look forward to the many good and inquisitive minds in our community joining in this discussion during the days to come.

[Bank_sy]

okay I am glad that i got in on the crowdfund now. looking better and better!

[Wutang-Bay]

Oh my god, run for the hills, it's bobsurplus ...

if you had just followed bob in and out of every coin he has been in the last year you woulda been stone rich on a yacht somewhere right now instead of writing bitter and angry shit here today ... when i saw bob was getting into this coin i was like, hell yea!....

Thank you !! Very good wisdom!!  This is indeed very correct thread!!! That Bobsuplus he never get my coins!! Shining future this coin, very good!!!!

[co5hike]

Sweet. Got my meet-up link, Slack invite, looking forward to the convo!!

[timbereagle]

DEV, roadmap has 2 June but no July, please fix it, thanks

[LiteBit]

DEV, roadmap has 2 June but no July, please fix it, thanks

Read the OP. (2) June dates

[timbereagle]

DEV, roadmap has 2 June but no July, please fix it, thanks

Read the OP. (2) June dates

Hımm ok, Since there was no day, I misunderstood. 1st is June 3rd and 2nd is June 20th.

[cambda]

At the risk of being booed out of the room I would like to make a proposal.

We as crowdfunders are receiving  some nice perks, especially the private access slack channel, which i expect will have some lively discussion and a good atmosphere.

I see nothing to be gained over the long term by keeping it this way however. We all stand to gain by being inclusive and making Viral a great community for everyone.

I therefor propose that we set some minimum investment level,or staking level, by which those entering this week through the ICO and who are serious about VIRAL be included in this slack channel.

All comments including withering criticism welcome!!

[johncassa]

If ICO on CCEX is not sold completely, what happens? The coins remaining are destroyed?

[ViralDev]

If ICO on CCEX is not sold completely, what happens? The coins remaining are destroyed?

Hi there

If the Public Offering is not sold out,  the remaining coins will be burnt by CCEX.

ViralDev

[imbladednow]

Good Morning everyone!  I am just sending out all the info about the show/discussion/meet tonight to all of you out there who crowdfunded in phase 1. Due to the severe limitations of this discussion forum, I can only send 30 private messages every hour. So it will take sometime. however if anyone here now wants to help bypass that waiting period, just send me a pm on here with your email address so I can get back to you without the limit time.

Looking forward to spending time with you tonight!

Adam G.

Thank you I will try to make it to show but it might be bad time for me I hope I can make it

[bumpk1nK]

i like it! keep up the good work viral team. make my small investing go up 100 times and more por favor 

Very nice Viral guys. My cousin bought in today, I am sporting him a cold beer and a game of foozeball cuz i got in a bit lower : -)

[Bank_sy]

Good Morning everyone!  I am just sending out all the info about the show/discussion/meet tonight to all of you out there who crowdfunded in phase 1. Due to the severe limitations of this discussion forum, I can only send 30 private messages every hour. So it will take sometime. however if anyone here now wants to help bypass that waiting period, just send me a pm on here with your email address so I can get back to you without the limit time.

Looking forward to spending time with you tonight!

Adam G.

thanks for the pm. I will try to be at the meeting tonight if i am not too busy.

[madape]

never rec'd my SLACK!

[drizzle2405]

never rec'd my SLACK!

chill...  didn't you read the message above?

[madape]

never rec'd my SLACK!

chill...  didn't you read the message above?

Yes and I did that hours ago. Nuttin.