Project Name: Vuulr
Coin/token name and Symbol: VUU
Type: ERC-20/Utility Token
Token Sale Starts: 09 May 2018
Token Sale Ends: 31 May 2018
Available For Public Sale: 215,000,000.00 VUU
Minimum Purchase: 1,600.00 VUU (0.12 ETH)
Price: 1 ETH = 13,000.00 VUU
What Is Vuulr?
What Problem Are We Trying To Solve
Globally, this industry spends US$240 billion p.a. on buying content, growing at 10% per year. Yet, they still do business the old way. Acquiring content takes 4-5 months and involves huge amounts of manual effort. 35-40% of that value is lost to the friction of the transaction today.
The US$62 billion Sponsorship industry is in a similar state. Deals between buyers and sellers take months to conclude, with little selection science and long drawn-out offline negotiations. This inefficiency presents an exciting opportunity for VUULR to develop a Blockchain-based solution to reinvent how the industry operates. Vuulr’s Platform uses a two-pronged approach to create the new broadcast content economy.
How Will We Solve This Problem?
The VUULR SUPPLY CHAIN — built on the Ethereum Blockchain, will provide a trustable protocol, a distributed data layer, and a suite of dApps for managing and securing the industry’s key data as a single shared ledger. The Vuulr Supply Chain is an implementation of the industry-accepted MovieLabs Digital Distribution Framework (MDDF).
In addition to transforming the way the industry works today, Vuulr’s Blockchain-based approach will unlock new opportunities for the industry, e.g. new revenue sharing models enabled by a single, shared, and trusted view of what the audience is watching.
The VUULR REWARDS PROGRAM — engages film and TV fans to enable them to monetise their passion for entertainment content. Fans can earn VUU tokens when they help with the translation and validation of the metadata essential to support the industry, in the delivery of the content to consumers.
The VUU Token
1) Denominate Transactions
2) Pay Subscriptions for services
3) Reward film & TV fans for their effort in contributing to metadata refinery.
The VUU token was designed to address problems with token velocity in cryptocurrency. The team at Vuulr understands that adoption of cryptocurrencies for large corporations will take time and have therefore designed a unique token economy.
To ensure the rewards pool will remain attractive to our community, Vuulr will use our profits to buy back the tokens from listed exchanges to reload into the pool on a monthly basis. Token holders are also provided the option to park their tokens with our multiplier accelerator to reap the maximum value of their tokens.