The Vice Industry Token represents a profound change in the broadcast and on-demand video entertainment industry.
The Vice Industry Token represents a profound change in the broadcast and on-demand video entertainment industry. It functions as two things; a video entertainment platform where viewers can watch videos, and as a cryptocurrency where anybody who participates (in viewing, adding, or curating content) will get paid with VIT's proprietary cryptocurrency.
Vice Industry Token will use Ethereum to generate VIT Proxy Tokens in the VIT crowdsale. The crowdsale is powered by a unique crowdsale smart contract which includes refund capabilities. This refund functionality will allow any purchaser of a proxy token, who purchased the tokens in the public crowdsale, to either call a claim function or a refund function on any portion held for them in the contract after the crowdsale ends.
The VIT protocolʼs unique feature is the creation and distribution of tokens to all stakeholders in the adult content industry that serve both as proof of engagement with content (the data that matters most to adult website operators) and a mechanism for payment.
|Round||Token Price||Bonus||Min / Max Purchase||Soft Cap||Hard Cap|
Public sale —
20 Feb 00:00 UTC
20 Feb 00:00 UTC
|0.03 USD||No||Min 100 USD||Uncapped||Uncapped|
Flash whitelist sale for a purchasing a guaranteed opportunity to participate in crowdsale
Flash whitelist sale for large orders with bonus
Second flash whitelist sale
Launch of the Vice Industry Token Crowdsale
End of the Crowdsale and distribution of ERC20 proxy Tokens
Launch of the VIT MainNet
Expiration of the Refund Contract and launch of the VIT video portal platform