Vodi X (VDX Token): Decentralized Blockchain Ecommerce Ecosystem?
What Is Vodi X?
First launched in 2014, Vodi X is an award-winning mobile platform where users can carry out money transfers to any of the 200 countries Vodi operates in, send gift cards for top brands, top up their prepaid mobile devices, and communicate with other users through voice and video calls.
Currently, Vodi has more than 4.5 million users, from both emerging economies and developed economies, allowing the users to communicate with their family and friends in their home countries or abroad. Apart from comprehensive suite of services aimed at engaging users, Vodi also features m-commerce, conversational commerce, and video calling.
Most of the Vodi users are from developing countries where the income and the purchasing power is below average which prevents the users from being able to fully enjoy all the features of the mobile platform. Vodi will solve this challenge and ensure that all the users have equal opportunities through the Vodi X decentralized commerce ecosystem that is integrated with blockchain technology as well as smart contracts.
How Vodi X Works
Vodi X is made up of two phases that will tokenize the Vodi mobile platform; Vodi Micro-tasking and Vodi dApp ecosystem. Vodi Micro-tasking utilizes blockchain and smart contract technology to create income opportunities for all the Vodi users while the dApp ecosystem will make it possible for other dApps and apps to plug into the Vodi X ecosystem to access the over 5 million users available on Vodi.
The Vodi X ecosystem contains Vodeers who are the workers that complete tasks and Vodiants who are the companies that list the tasks such as watching videos, sharing links, and creating Reddit threads. The ecosystem will solve the challenges faced by the micro-tasking industry through eliminating intermediaries, ensuring that all the transactions are seamless, and creating a system where everyone can benefit.
Vodi X Accepted Token
VDX is the ecosystem’s utility tokens and will be responsible for tokenizing all the transactions within the ecosystem. The Vodiants post the task to be completed using the VDX tokens and once the tasks are completed and verified to be compliant to the agreed standards, the VDX tokens are automatically disbursed to the Vodeers.
Vodi X Advantages
Vodi X is powered by the decentralized VDX that enable users create transactions through the Vodi wallet, which doesn’t require any central institution to control it. The tokens are blockchain-based, which eliminates third parties. This result in faster transactions processing times combined with lower transaction fees.
In the current micro-tasking industry, dispute resolution between companies and users in regards to the quality of work is difficult. Since all the data on Vodi X is uploaded onto the transparent and immutable blockchain, Vodiants can review the work history of Vodeers to prevent disputes and ensure compatibility with the quality standards.
Monetization Of dApps
Apart from being a store for purchasing applications with a wide variety of use cases such as education, commerce and logistics, health and data protection, the Vodi dApp store enables developers and Vodiants to launch their apps monetize them using the VDX tokens.
Vodi X VDX Token ICO Details
Parameters Of The ICO
- Token: VDX
- Token protocol: ERC20
- Total token supply: 1,000,000,000
- Token supply during ICO: 300,000,000
- Token price: $0.10
- Soft Cap: USD 2,000,000
- Hard Cap: USD 10,000,000