CyteCoin is designed to decentralizing the buying, selling, and rewarding of viewing in VR by removing the intermediaries out of the equation. This is accomplished by using CyteCoin Smart Contracts.
An advertiser can use CyteCoin via a smart contract associated with the target content. This content is now active, or “live, which means content producers, viewers, and influencers can engage with that advertiser through the smart contract and be rewarded with CyteCoin for driving attention to that content. Every ad view, click, and reward that happens is communicated to the CyteCoin Smart Contract through VirtualCyte. The CyteCoin Smart Contract will then autonomously distribute CyteCoin to the users participating in that engagement. By utilizing smart contract, a publicly verifiable blockchain, and trusted, can directly disintermediate the “trade” of attention. It enables advertisers to execute ad campaigns by directly rewarding the content producers, services providers, and influencers of attention instead of going through an agent. Advertisers can target their smart contract to a much wider genre of content or even one specific media item. Advertisers choose the budget of their campaign by committing the exact number of CyteCoin that they want to be dispersed. Advertisers can also set custom conditions for the smart contract, e.g. 1 CyteCoin rewarded per ad click or 5 CyteCoin rewarded per ad click. This supports a transparent, competitive marketplace, where participants compete for the highest-rewarding smart contract. Advertisers can then visibly aim for low-cost, or suitable and effective cost campaigns. This provides a reward opportunity for all participants.
CyteCoin goes beyond just advertising, merchants can also take full advantage of the content and use smart contract to reward audience for visiting their retail outlets. This feature significantly increases the value of the content and drives real traffic from online to offline enabling CyteCoin to be widely used and accepted by merchants.
Attention. There is a risk that unverified members are not actually members of the team
This offer is based on information provided solely by the offeror and other publicly available information. The token sale or exchange event is entirely unrelated to ICOholder and ICOholder has no involvement in it (including any technical support or promotion). Token sales listed from persons that ICOholder has no relationship with are shown only to help customers keep track of the activity taking place within the overall token sector. This information is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice or carry out your own due diligence before taking, or refraining from, any action on the basis of the content on our site. Any terms and conditions entered into by contributors in respect of the acquisition of Tokens are between them and the issuer of the Token and ICOholder is not the seller of such Tokens. ICOholder has no legal responsibility for any representations made by third parties in respect of any Token sale and any claim for breach of contract must also be made directly against the Token issuing entity listed herein.
If you have any concerns about the nature, propriety or legality of this token sale or the persons involved in it please contact [email protected] with detailed information about your concerns.