🎥 PureVidz.net: Decentralized Streaming WebTorrents 🎥 VIDZ - Trading Now 🎥

[Pure_Vidz]

Read more at http://purevidz.net/info/intro
Follow us on Twitter: @PureVidz

Russian Translation. https://bitcointalk.org/index.php?topic=1711514.0

Supply: 125,000,000 VIDZ
Block time: 1 minute
Block reward: 1 VIDZ
Algorithm: Proof Of Stake

GIT: https://github.com/purevidz/vidzcoin
Windows Wallet: http://purevidz.net/wallet/purevidz-qt.exe.zip
Mac Wallet: http://purevidz.net/wallet/purevidz-qt.dmg.zip

Development Fund: 25,000,000 VIDZ
Transparency:
200,000 VIDZ paid to Dabs - 20% of total escrow reward
200,000 VIDZ paid to SebastianJu  - 20% of total escrow reward
300,000 VIDZ paid to Dabs - 30% of total escrow reward
300,000 VIDZ paid to SebastianJu - 30% of total escrow reward
75,000 VIDZ paid to Dynamic Index - web front end mock ups (first half upfront)
75,000 VIDZ paid to Dynamic Index - web front end mock ups (second half for completion)
850,000 VIDZ sent to Dabs to pay to Dynamic Index - web front end development

(Break down for the 850,000 VIDZ above)
30,000 VIDZ fee to Dabs
90,000 VIDZ upfront to Dynamic Index
290,000 VIDZ upon completion to Dynamic Index
440,000 VIDZ paid after we've completed integration of the new design or maximum 21 days, for maintenance/qa to Dynamic Index

333,333 VIDZ sent to Dabs usage in the signature campaign
250,000 VIDZ paid to Dabs - 25% of total escrow reward
250,000 VIDZ paid to SebastianJu  - 25% of total escrow reward
64,000 VIDZ sent to on site wallet for Twitter campaign payouts

Exchanges






http://coinmarketcap.com/currencies/purevidz/

Due to the fact that Pure Vidz heavily utilizes torrents to circumvent censorship and to promote decentralization it’s likely that with increased popularity Pure Vidz will be under siege the way that popular sites such as The Pirate Bay constantly are despite our model being entirely legal. To avoid this, we’re forced to remain anonymous.

We’re aware the anonymity is often a red-flag typically for developers in crypto, however since we are forced to do this to protect ourselves, we will do our best to maintain transparency through means such as escrow, multi-signature wallets and public addresses.

Our crowdfund will be escrowed using a 2-of-3 multi-signature address.
Please do not send funds directly to this address!
https://blockchain.info/address/351QpGDfzEW2H51tCCDn6qvUPfZZnTGuSg

The 3 key holders will be ourselves, Dabs a staff member of the forums and SebastianJu a well established escrow.


Both escrows will be receiving 1,000,000 VIDZ from the development fund released in batches matching how the funds raised from the crowdfund are released to us.

Verification Post for Dabs: https://bitcointalk.org/index.php?topic=1696889.msg17024312#msg17024312
Verification Post for SebastianJu: https://bitcointalk.org/index.php?topic=1696889.msg17052974#msg17052974

SebastianJu & Dabs received 1 BTC each for their escrow fee

We want to assure investors we are committed to working on this project through thick and thin. As such, we have set certain goals for which much be reached before the release of funding. We will not be receiving the entirety of funds from escrows at the end of the crowdfunding!

Release of funding will go as follows after the escrows are paid:

10% following the conclusion of the crowdfunding after all funds are accounted for
10% after the launch of our initial coin network
30% after the release of our website with core functionality

• Account Management
• Media / Video Management
• Searching by title, tags, genres

25% after the first major update to our website

• Auto-populating metadata and tagging
• Video Suggestions (by similar tags)
• Playlist Management
• Subscriptions

25% after the the public api 1.0 release to build 3rd party tools for our platform

This allows us to receive a fair amount early on and gives investors the security of knowing that the escrows are in possession of the funds until we have completed key components of our project. While we need to remain anonymous with our identities we can remain transparent with our work, development and finances.

November 2016

• Crowdfunding Starts

December 2016

• Test / Demo Functionality Site

January 2017

• ICO Ends - January 9th, 2017
  
  • Launch of VIDZ Network

• Initial Site Launch
  
  • VIDZ Integration
  • Account Management
  • Video Management
• First Major Update
  
  • Auto metadata
  • Video suggestions by tag similarity
  • Playlist management
  • User subscription model

February 2017

• Roadmap update for next 3 months of development
  
  • Public API Launch (allows automated uploading, 3rd party tools, etc)
  • Begin Trakt Integration
  • Premium services and revenue road map

[1714216196]

1714216196

[1714216196]

1714216196

[Pure_Vidz]

http://purevidz.net/Info/Intro

[BtcPimpKing]

Until the escrows confirm no one should send any money to this ico.
I am sending dabs a message now to ask him if this is legit.

[Sourgummies]

Until the escrows confirm no one should send any money to this ico.
I am sending dabs a message now to ask him if this is legit.

LOL. Only an idiot would use a staff members name without asking first. Incoming Red trust or post from DABS in 3...2...1...

[Pure_Vidz]

Until the escrows confirm no one should send any money to this ico.
I am sending dabs a message now to ask him if this is legit.

The escrow agreements have already been made and we've contacted them already linking them to our official announcement. Once they post we'll add their posts to the opening post for others to verify.

Thanks for doing your due diligence.

[BtcPimpKing]

Until the escrows confirm no one should send any money to this ico.
I am sending dabs a message now to ask him if this is legit.

LOL. Only an idiot would use a staff members name without asking first. Incoming Red trust or post from DABS in 3...2...1...

They could be hoping the escrows wont be on now or for a while and maybe people will invest before a confirmation. They they can just scam and run.
Better safe then sorry. Anyway, I send dabs a pm asking if he is the escrow or not. We'll know soon enough.

EDITED.
Just saw your answer. I will wait to see the posts in the morning. For now its bed time for me.

[SmartPoker]

Finally. I've been waiting for a project liek this to happen. But I dohave some questions that I need answered.
If you bring in 100 btc  you will only get 10 btc after the ico and another 10 btc when the coins are released and wallets released
The rest will still be held by escrow right?

Are there any bounties?
Signature, translation, design, marketing.

When will the ico end? I dont see an end date.

Will you have a mac wallet on release?

Will there be a web wallet for the noobs who dont like downloading wallets?

Why does dabs pay go up as more is raised but sebestians goes down?

Will people be able to earn vidz on the site through a faucet or by uploading content?

Any tipping tool built into the site?

is the dev fund 25m or 27m  coins? Your op is not very clear on that.

How long till you complete all the tasks mentioned above and all the btc is released? Are we talking about days, weeks, months?

Will there be any rules as to what content can be uploaded?

Will there be size limits to how much I can upload. Like if I wanted to upload every episode of the Simpsons will there be enough room for that?

Im sure I'll have more questions later but for now Id like to hear an answer to these.

Thank you in advance.

[The-Accountant]

Boom shakalaka. A streeming site with crypto built in. If this is successful it could be a real game changer.
 


What bounties are available?

[leepfrog]

Is there a twitter bounty for following the account?

[HongKongCoin]

No posts from the escrow so it must be a SCAM.

BEWARE

[Dabs]

-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA512

Hi, I am confirming the 2-of-3 multisignature address 351QpGDfzEW2H51tCCDn6qvUPfZZnTGuSg as one of the escrows.
-----BEGIN PGP SIGNATURE-----
Version: GnuPG v2
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=xZkn
-----END PGP SIGNATURE-----

Code:

-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA512

Hi, I am confirming the 2-of-3 multisignature address 351QpGDfzEW2H51tCCDn6qvUPfZZnTGuSg as one of the escrows.
-----BEGIN PGP SIGNATURE-----
Version: GnuPG v2
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=xZkn
-----END PGP SIGNATURE-----

[HongKongCoin]

What timing.
Now I need to figure out how to check the signature to see if its correct and then check it from your thread to make sure your account is not hacked.
Does Anyone have a tutorial on how to check signatures?

[Sourgummies]

What timing.
Now I need to figure out how to check the signature to see if its correct and then check it from your thread to make sure your account is not hacked.
Does Anyone have a tutorial on how to check signatures?

http://www.coinig.com/

You're welcome.

[Pure_Vidz]

Finally. I've been waiting for a project liek this to happen. But I dohave some questions that I need answered.
If you bring in 100 btc  you will only get 10 btc after the ico and another 10 btc when the coins are released and wallets released
The rest will still be held by escrow right?

Are there any bounties?
Signature, translation, design, marketing.

When will the ico end? I dont see an end date.

Will you have a mac wallet on release?

Will there be a web wallet for the noobs who dont like downloading wallets?

Why does dabs pay go up as more is raised but sebestians goes down?

Will people be able to earn vidz on the site through a faucet or by uploading content?

Any tipping tool built into the site?

is the dev fund 25m or 27m  coins? Your op is not very clear on that.

How long till you complete all the tasks mentioned above and all the btc is released? Are we talking about days, weeks, months?

Will there be any rules as to what content can be uploaded?

Will there be size limits to how much I can upload. Like if I wanted to upload every episode of the Simpsons will there be enough room for that?

Im sure I'll have more questions later but for now Id like to hear an answer to these.

Thank you in advance.

Hey SmartPoker I see you have a lot of questions! Going in order, let me try help answer some of them...

You're correct about the 100 BTC and how distribution works. The rest would still be held by escrow.

More information on bounties will be available soon.

The crowdfunds end date is Jan 6th, I've updated the OP to reflect this, thanks!

Mac wallets will be released at the same time was the Windows wallets are soon after the crowdfunding ends.

Yes, there will be a web wallet where you can rely on our platform to hold the coins but we encourage all users to set up their own wallets where they can hold their own private keys.

The escrows negotiated their terms independantly of each other.

Yes, early users of the site who help upload, index and share content will be rewarded! More on this soon.

Yes, you will be able to tip people for their content.

The dev fund is 25M coins of which 2M coins is being paid to Dabs and Sebastian.

Refer to the roadmap for our projected expectations on development time.

Since you're not uploading content to our site directly there's really no limit. You may want to read up a bit on the Torrent protocol and how it works if you're not familiar since it's a crucial part of how our infrastructure is set up to work.

Thanks and I look forward to answering more of questions ! Let me know if I wasn't clear on something.

[szafa]

Any bounty for this coin?

[mkmdoc]

I have gone through complete OP , but there is no interesting point, how can you make this project more predictable and capable of running without any problems.

[thebatletbet]

I think you must promote use signature campaign
if you want selling ico success, without promote is very dificult your selling ico can success

[Ankara]

I think you must promote use signature campaign
if you want selling ico success, without promote is very dificult your selling ico can success

I have to agree a signature campaign could contribute to a successful ICO, it won't however be very difficult if it's not started.. I've never clicked a signature on this forum lol, The more coins push out free coins and promote heavily the mor eit actually turns me the other way and have second thoughts on investing. Trusted Escrows and a decent project will push this forward imo.

All in all it is looking good and I will be keeping a close eye on PureVids..

[ngokiemtuan]

A place where none of my videos get removed sounds exciting indeed. Choosing any movie and not have to work to clicking multiple crazy links to play said simple movie is going to be a winner. A big community will build around this project.

[Sourgummies]

I have gone through complete OP , but there is no interesting point, how can you make this project more predictable and capable of running without any problems.

I see a lot of interesting aspects mate. I see a new coin for one, that can and may get pumped. I see a new streaming service with built in "premium" services that you'll need vidz to use.
If would be nice to see the dev answer some questions posed to him since his last post though. I also want to know more about the buybacks and where the money for that will come from.

Do you guys have any predictions, models ect that can help me to uderstand this. To be quite frank im not really sure how youtube even makes money. I guess just from the adds Right?