CyteCoin

CyteCoin

Created using Figma
Created using Figma
CyteCoin - a crypto-currency that builds the underlining infrastructure layer of AR/VR/360 advertising ecosystem. Through the tokenization, content producers, event organizers, KOLs, sponsors, advertisers, merchants, and audiences can now be promoting and transacting their products and services by a unit of CyteCoin. This decentralization model will also be accelerating the adoption of AR/VR/360 content consumption making CyteCoin the most powerful and widely accepted crypto-currency in the digital advertising space.
May 7, 2018
Jun 6, 2018
100% completed
Raised funds - no Data
past
Token Details
Accepted Currencies
ETH
Additional Details
KYC
Yes
Categories
Platform, Cryptocurrency, Virtual Reality, Entertainment, Smart Contract, Big Data

About CyteCoin

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.

CyteCoin Roadmap

  • 2018 Q3

  • Aggregate more content through partnerships;
    Sign up new international events and event organizers;
    Sign up influencers and celebrities;
    Expand into other territories, such as Macau and Korea;
    Develop new VirtualCyte VR/360 mobile app.
  • 2018 Q4

  • Official CyteCoin Token crowdsale will be held on 7 Jun, 2018;
    Launch Alpha version of VirtualCyte VR/360 mobile app;
    Develop Smart Contracts apps;
    Expand into other countries in Asia Pacific region, such as Singapore and Taiwan.
  • 2019 Q1

  • Add mobile object-tracking features on VR/360 mobile app;
    Develop AR mobile functionalities;
    Develop online ad campaign dashboard for advertisers;
    Sign up new business partners and merchants;
    Launch VirtualCyte mobile app V1.0.
  • 2019 Q2

  • Beta test CyteCoin token protocol with selected stakeholders - advertiser, sponsor, influencer, content producer, merchant, business partner, and audience;
    Aggregate more traffic through online advertising;
    Expand into other countries through direct presence or JV;
    Beta test VirtualCyte mobile app V2.0.

Activity

Posts:
168
MEDIUM
Followers:
8 239
HIGH
Likes:
7 929
HIGH
Rating:
4.80
VERY HIGH
Reviews:
101
HIGH
Followers:
9 710
HIGH
Tweets:
77
LOW
Members:
10 360
VERY HIGH
Alexa
Rank:
2 953 796
VERY LOW
Delta:
-2 003 211

Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Founder | CEO
unverified
Co-Founder | COO
unverified
Blockchain Architect
unverified
Chief Creative Officer
unverified
Chief Commercial Officer
unverified
President, Strategic Development
unverified
Head of Application Development
unverified
Blockchain Developer
unverified
Community Manager
unverified

Advisors

Verified 20%

Attention. There is a risk that unverified members are not actually members of the team

Entertainment & Movie Advisor
unverified
VR Industry Advisor
unverified
Cryptocurrency Investment Advisor
verified
Ye Jian
Mobile Gaming Technology Advisor
unverified
Blockchain Advisor
unverified

CyteCoin Interviews

Kenji Cheung
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Cryptocurrency Investment Advisor of Cytecoin.

Last News

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