Vivid’s streamlined Shopify integration enabled NSTto realize their vision of offering an array of media-rich, advanced NFTs,in sync with their core purpose of a deeper connection with Mother Nature. VIVID’s NFT+ unleashes the ability to create a rich entertainment experience, a dynamic digital collectible, and a living, permanent store of legacy – all crafted as the creator imagines it. Air Bud Entertainment Collectibles is pioneering new pathways to connect and engage with audiences. VIVID Labs delivered the platform and primary storefront for this series of media-rich NFT collections,  based on the characters and stories of the beloved Air Bud kids’ franchise. Read the press release and more about this fantastic new platform on Vivid Labs’ Medium hub. VIVID is the technology platform the industry has been waiting for to rocket the business of NFTs to the next level.

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Given their lack of underlying value, these types of cryptos often wind up nearly worthless, although the developers can still profit from the immediate interest and price surge. Vivid Labs built an app to enable Shopify merchants to mint and sell advanced, multimedia NFTs directly from their Shopify store. Flexible, On-chain DRM With NFT+, a creator or publisher can assign permissions to each included media asset, providing great flexibility. Assets can be fully unlocked (i.e., no purchase required to view), or conditionally locked to limit it to, say, a certain number of views of a video, or viewing over a certain “windowed” time period, or a certain number of resales.

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VID tokens enable network functionality to ensure its stability and optimize efficiency. Between end-to-end encryption and decentralization, VideoCoin will also enhance security over existing systems. It will even allow for new generations thanks to its open APIs and development based on open-source materials. Trader euphoria stemming from the long-awaited return to social media by Keith Gill, the investor known for spearheading 2021’s memestock rally under the name of “Roaring Kitty,” has spilled over into the world of crypto.

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NFTs gained enormous traction in 2021, merging the digital art market with blockchain technology. Since early in the year, NFTs have taken hold in numerous other industries, led by gaming, sports, and music, but rapidly exploding into virtually every commercial sector. It’s clear that NFTs are headed towards mainstream adoption, with people ranging from famous artists to celebrities, to retail brands large and small, to small-scale creators promoting and utilizing this technology on a massive scale. VideoCoin requires incredibly quick transaction times since it was built to power the video streaming on the network. It relies on a useful proof-of-work algorithm to use GPUs and CPUs’ hardware-accelerated video functions.

Today, NFTs allow musicians to experiment with novel ways to create, fund, and release music – but they fall short of the full album experience. Our NFT+ features allow artists to recreate that complete experience and more, combining multiple pieces of media such as album art, audio tracks, lyrics, liner notes, https://www.tokenexus.com/ photos, and music videos clips in a single NFT. For example, if a music artist wanted to publish an album, turning each individual track into an NFT would be a complicated and tedious process. And, the tracks would not be tied together in any way – each track would exist as an individual and independent NFT.

• The VideoCoin Network is a decentralized system for distributing, encoding, and storing content.
• The VideoCoin Network is proud to announce its partnership with blockchain payment disruptor Public Mint, which has integrated its “Public Pay” open platform to allow for payment in fiat.
• Full-stack platform delivers robust functionality with turnkey VIVIDOPEN and customizable VIVIDPRO with complete advanced feature set.Get a fully standards-compliant NFT Marketplace right out of the box with our implementation for ERC-721 and ERC-1155.
• Learn how together Vivid Labs and Mint Werx deliver complete, full-service NFT engagements.

We will shortly update the token section on the VideoCoin.Network website with this information. The price of VideoCoin in the ICO was $ 1.00 and the token sale ended on May 15, 2018. Since then, VID price decreased 0.01x against US Dollar, decreased 0.00x against Ethereum and decreased 0.00x against Bitcoin. VideoCoin’s current circulating supply is 166.09M VID out of max supply of 265.00M VID.

With NFT+, creators and publishers can compile multiple media assets, of any type, into a single NFT. This provides a “master container” of media elements that can be extracted and exported to any external marketplace that supports those particular asset types (for example, the marketplace might handle JPEGs and MP4 videos but not 3D or PDF files). NFT+ enables several unique advanced features, transforming ordinary NFTs into rich, programmable multimedia experiences. Vivid Labs sees NFTs as going well beyond today’s notion of mere digital collectibles, where 1 NFT equals 1 asset.

To further lower costs and improve efficiency, VideoCoin will get rid of the intermediate market oligarchs, instead allowing for peer-to-peer processing, storage, and distribution of videos. VIVID removes the complexity and risk from NFT marketplaces by streamlining the basic minting of NFTs and storing them using our unique cryptographic methodology how to buy videocoin on partner NFT.Storage/IPFS/Filecoin’s robust, massively distributed storage network. This ensures the security and resiliency of NFTs minted using the VIVID platform, unlike many other NFT platforms whose tokens and underlying assets are both subject to loss or breakage using ordinary methods on often-proprietary storage platforms.

This mimics typical DRM schemes found in other media formats, implemented on a powerful asset-by-asset basis – and it travels with the NFT+ across resales. Updateable NFT+ are also updateable throughout their lifespan – even if they’ve already been minted or sold, further increasing their value. For instance, a fan who purchased an artist’s music album as an NFT+ can add additional photos, video clips, and other media to the existing NFT over time, personalizing it to their own experience. Further, VIVID integrates a currency-agnostic payment system (through payment provider partner Public Mint) that removes payment friction and opens NFTs to the general market by enabling transactions in cryptocurrency, or by credit card or ACH in any fiat currency.