UVidify (UVD): ICO Review

What is UVidify?

With the global e-commerce industry expected to double in size by 2021, it’s important that both businesses to the consumer and peer-to-peer models need dynamic improvements in order to reach their customers better.

uvidify icoAs of now, 95% of the online networking and commerce starts in a 2D photographic environment, which increases the possibilities of fraud, reduced security, and a reduced and misconception of goods in between buyers.

UVidify was created in order to solve this issue. It works by helping users view high definition videos of their desired products while obtaining UVD tokens for their contribution. Through the use of security programs and smart contracts, UVidify will have a direct impact on how both buyers and sellers conduct transactions.

Aspects

Blockchain Security: UVidify uses an ERC-20 token that’s powered by Ethereum’s decentralized network. The token helps every data aspect to be encrypted, secured, and transmitted via the internet. The project works with KYC (Know Your Customer) and cloud-based affiliates to ensure that your data remains safe.

Risk Reduction: UDvidify eliminates all forms of risk that the internet currently brings. You can create safe business transactions between other parties due to smart contracts. Users can view terms and agreements and can exchange without any form of rebuttal. This process helps save businesses, consumers, and organizations time and money for extra protective fundamentals.

Token System: UVidify’s token system is used to offer increased security through the token circulation system. Members receive UVD tokens by receiving positive rapport from other community members. As a result, this leads to a positive user experience, better profitability, and fast adoption.

Unique Marketing Plan: UVidify is the only application that has a buyer and seller incentive for using their ecosystem. This makes a safer user experience and creates an unlimited income margin on goods and services. In fact, no other markets such as Amazon, E-Bay, etc which provides this much for the consumer. With UVidify, the entire world market be

Token Metrics

  • Website: View
  • Whitepaper: Read
  • Fundraising Goal: N/A
  • Total Tokens: 22,000,000,000 UVD (Total) – 8,800,000,000 (For Sale)
  • Price: 1 ETH = 160,000 UVD
  • Sale Date: May 7, 2018 — Jul 17, 2018

Bounty0x profile: @jeremycole

Positives
  • User Protection: Due to the use of Ethereum’s platform, users don’t have to worry about their buying data being breached and can be rewarded once they completed business with a user on the network. Since the tokens are encrypted, there’s no worry about any third parties or hackers attempting to compromise your data:
  • Unique Marketing Option: UVidify has a marketing option that’s not been used by the competition. This means that they can create an innovative product while also making it easier for your outside consumers to get involved and watch your products.
  • Additional Features: UVidify provides security from server and DDoS attacks, smart contracts, open blockchain source, and an instant monetized system.

Negatives
  • Site Appearance: The site has an awkward navigation and appears to be less detailed than competing websites.

UVidify
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Summary

Basically, UVidify is using blockchain technology to help businesses advertise their products better to their target market. This is a great ICO because it helps make the advertising and promotional process easier and safer. Thus, UVidify has the potential to receive a large share within the marketing industry if its able to complete its project.

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Adam Cole has been a crypto enthusiast for years. First getting involved in Bitcoin mining in late 2010, he has now diversified his portfolio and dug deeper into the alternative coins of the space. As new and exciting ideas arise in cryptocurrency, Jeremy is always looking for the next big thing and a coin which not only appreciates in value but also has a steady increase in use and demand. Jeremy has seen the rise of coins such as Ethereum and by studying the technical and fundamental side of ETH, he has learnt how to find similar coins that are likely to have a bright future.

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