ViValid - Items' value and ownership in the blockchain - INTROCURRENCY


Kamis, 12 April 2018

ViValid - Items' value and ownership in the blockchain

Have you ever found something valuable? Do you want to make a profit from the collectibles you possess?

ViValid is a service that can help you assess the worth of your valuables in a fully objective and professional way. The treasures you have found, the valuables you collect, and even the things hiding in your garage and basement, such as limited-edition sneakers, can make you a sound profit if properly evaluated. Normally, you would have to either do extensive research - which won't guarantee you reliable results - or turn to a random pawn shop owner, who obviously has an interest in offering a lower price than you deserve. ViValid removes such obstacles. Our system is community driven and therefore stripped of potential ulterior motives. You only need to take pictures of your valuables and send them to ViValid for a preliminary assessment and validation of their potential value. Your query requires only one small fee. You will receive competent and objective opinions from several experts and collectors for a fraction of the usual cost of such services. Evaluators will be randomly but intelligently selected from members of the ViValid community to provide you with a truly independent assessment of your collectibles. In addition, our – “Proof of Validation Protocol” will ensure that the evaluation you receive is reliable. Additionally, ViValid opens an opportunity to create the first decentralizedimmutable, and, therefore, trustworthycommunity-driven ledger of collectibles that contains the history of their value and ownership changes.

We also offer you the unique opportunity to earn money while doing something you love by becoming one of our validators. If you are a passionate collector who knows a thing or two about your field of interest, we want to hear from you. You can start as a first-tier validator, and progress through five tiers, with each subsequent tier more exclusive than the previous. If you are correct in assessing the worth of presented valuables over time, you will be promoted to the second and third tiers. The first three levels are community driven and anonymous whereas the fourth and fifth tiers are exclusive and only for proven experts. The higher you are on the ladder, the more you can earn and the less you will have to work.

ViValid is a highly advanced service built on blockchain technology, where all transactions are performed in ViV tokens. This eliminates the costs of exchange rate differences, expensive banking services, and the need for transfers between countries. As soon as you register, you are provided with a crypto wallet that stores ViV tokens. Your tokens will allow you to maintain the price of the service at a constant and unchanging level despite the variability of token pricing. We do not require that you have any prior knowledge of how the market of cryptocurrencies works. ViValid is an integrated micro-exchange that automatically removes all the inconveniences of dealing with crypto. If you want to have an object evaluated, simply – use either PayPal or your credit card, and we'll do the rest. You no longer have to search through guides, look for Internet auctions, or visit experts. ViValid is a completely transparent service with traceable contracts that can be reviewed at any time.

Market Size

Every year, collectors spend 200 billion USD on their hobbies (excluding art, jewelery, and classic cars) worldwide. The experts estimate that the global collectibles market will increase at a compound annual growth rate of 4.7 percent between 2017 and 2021. Other branches of collectibles include art, jewelery, and other valuables, estimated to total 1 trillion USD in annual sales. Overall market size is 2 trillion USD in sales every year. There is a particularly strong trend in some emerging markets, primarily in China. As a result, two-thirds of the global collectibles market will be dominated by that country in the next 20 years.

Current Problems

There's no easy answer to figuring out how much your antiques and collectibles are worth. It often takes a long time and requires extensive research and patience -- and even after that, you can't be sure that your source is trustworthy. Usually, the price is negotiated between a buyer and a seller who needs to have a solid knowledge of the market price. Nowadays, sellers look for guides, articles, or online appraisal services. However, even with these online resources, published prices may not reflect the real value of the asset for two reasons: First, you don't know the quality level of the guides, and second, you don’t know whether these validators are experts in particular areas.

ViValid presents itself as a scalable ecosystem with a collector’ community. All participants benefit from its unique functionality by receiving revenue depending on their level of knowledge or gain access to resources that are currently widely distributed and fragmented on the Internet. It also solves the problem of a lack of opportunities to monetize knowledge in collector communities. Some experts have very narrow areas of expertise, which prevents them from using their expertise in local markets, but on a global scale, their skills could be greatly utilized. As a result, it creates a new horizon for them to become renowned members of a worldwide collectors’ community.

Each valuation is stored in the blockchain permanently while records are publicly open as a ledger that can be used to confirm valuations, and even totrace the path of ownership if a new owner is willing to participate in building the history of the object.

Proof of Validation Protocol

The Proof of Validation Protocol (POV) has been designed to serve two primary purposes. First, it provides the means to distribute validation and valuation jobs within the decentralized blockchain-based network and ensures token flow between users of the system. Second, the intrinsic algorithm governs the neutrality and accuracy of validators' responses, creating a foundation of trust upon which any system of similar kind must be built. A combination of statistical data and an incentivizing model of different tiers of validation lies at the heart of the system. On one hand, the system automatically analyzes the expert's valuations, looking for discrepancies, while on the other hand, it rewards validators with the highest success rates by providing the chance to upgrade an account to the higher tier.

Token Sale and Budgeting

  • Ticker: ViV
  • Token: Utility, ERC20 Token
  • Purchase methods accepted: ETH
  • Inflation: None (no further tokens will be issued)
  • Maximum number of tokens: 200 000 000 ViV
  • 1 ETH = 1800 ViV
  • Tokens for public sales: 140 000 000 ViV

Pre-sale details:

  • Date and time of the start of pre-sale: 14th of May 2018
  • End date and time of pre-sale: 11th of June 2018
  • Minimum purchase amount for pre-sale: 0.1 ETH
  • 1 ETH = 2520 ViV (40% bonus)

Main sale details:

  • Date and time of the start of sale: TBA
  • End date and time of sale: TBA
  • Minimum purchase amount for pre-sale: 0.1 ETH
  • 1 ETH = 1800 ViV


  • 1st week: 2070 ViV (15% bonus)
  • 2nd week: 1980 ViV (10% bonus)
  • 3rd week: 1890 ViV (5% bonus)
  • 4th week: 1800 ViV
  • Soft Cap: 20 000 000 ViV

Funding Breakdown
The funding will cover development and operational costs for three years and will be divided into three main areas:

The development will consume 25% of funding and will be dedicated to establishing a great team of talented developers. ViValid plans to continuously introduce new features, user interfaces and languages for Web, iOS and Android.

Maintenance includes the cost of running the operations besides of the development. It also includes legal and accounting services. It will consume 15% of funding.

Marketing & expansion will consume 60% of the funding on invest in PR and marketing campaigns to increase project's awareness and token adoption in collectors’ communities.


Q3 2017-Q2 2018

  • Preliminary design of PoV protocol.
  • Token sale.

Q3 2018

  • Early stage of development of PoV.
  • ViV live on exchanges.
  • Functional and technical architecture.
  • Design of architecture with core components.
  • Design roll-out strategy for service implementation.
  • Recruitment for project needs.

Q4 2018

  • Team Expansion by hiring engineers and support team.
  • Ongoing development and design of IOS, Android and web application (Alpha).
  • Proof of Validation Protocol – first stage of development.

Q1 – Q4 2019

  • Proof of Validation Protocol – second stage of development.
  • Ongoing development and design of IOS, Android and web application (Beta).

Q1 – Q3 2020

  • Proof of Validation Protocol – final stage of development.
  • Ongoing development and design of IOS, Android and web application (Beta released to the public).
  • Marketing strategy.

Q4 2020 – Q2 2021

  • Community engagement and workshops.
  • Official release of the service.


Contact Us

Harju maakond, Tallinn,
Mustamäe linnaosa,
Teaduspargi tn 8,
12618, Estonia

166 – 168 Grange Road,
Flinders Park SA 502,

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