The Veredictum platform is being designed to reduce film and video piracy, a $20bn global problem,by attacking the drivers of piracy, not just its symptoms:
The platform is being built in 4 phases:
Collectively, content would be available more easily and at market-based pricing with enhanced deterrents further providing incentives for consumers to pay for content rather than pirating it.
Utility of the VENTANA Token
VENTANA is an intrinsic part of the Veredictum anti-piracy and distribution platform and represents the incentivisation structure required to economically motivate our network. While the emotive component to creative professionals of reducing piracy is very strong, economic incentives provide them with a business model to provide search and detection services together with peer-to-peer distribution services, to exceed their core costs – primarily electricity. Traditional routes to incentivization are inappropriate given the minimum credit card fees of around $0.30c -$0.35c.
Strategic Growth Fund
Token fund held in escrow with 30 days’ notice to token holders designed to enable the future acquisition of, or investment in, technology & technology companies appropriate to the platform.
Node Incentive Pool
Token fund held in escrow, with a reducing rate of annual release to incentivize nodes in the early stages of testing & to allow for differing electricity costs globally to ensure optimization of search and detection services.
Attention. There is a risk that unverified members are not actually members of the team
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