
Vodi is an extraordinarily successful and award-winning all-in-one mobile platform boasting 5+ million users in over 200 countries and is tokenizing its ecosystem by launching Vodi X. Vodi X complements the already vibrant existing Vodi platform with the use of blockchain technology and earning opportunities for Vodi users.
Vodi X will partner with Vodi to create millions of jobs on a global scale through Phase 1 (Vodi Microtask) and Phase 2 (Vodi dApp Ecosystem) of development.
What is Vodi?
Vodi is the fin-tech app that offers global services and disrupts via conversational commerce. Our app serves as a digital marketplace for prepaid mobile plan top-ups, U.S. and international eGift cards, money transfer, in addition to offering free texting, calling, and video calling services. What’s more, Vodi disrupts the traditional flow of apps that offer these products by making them available within users’ chats via “conversational commerce”, suiting the habits of today’s mobile users and changing the way these products are distributed. Meanwhile, the Vodi Points rewards system lets users earn credit towards their Vodi purchases by simply using the app — they can “cash-out” these rewards by redeeming them on Vodi’s in-app services and make a real monetary difference for themselves. Vodi is available on iOS and Google Play Store.
The Vodi X Token
The Vodi X Token (VDX) is at the core of our development for Phase 1 (Vodi Microtask) and Phase 2 (Vodi dApp).
The VDX token has two token types: VDX ERC-20 and VDX BEP-2.
Token holders have the opportunity to swap their tokens from ERC-20 to BEP-2 in order to interact and engage with the Binance Ecosystem as well as trade on Binance DEX.
More on the Token Swap: https://medium.com/@VodiX/vdx-swap-erc-20-to-bep-2-d13f8482f355
Currently, VDX is listed on Bitttrex, Binance DEX, UPbit, & BiKi exchanges with more listings to come in the future!
Our IEO
We launched an IEO (Initial Exchange Offering) on Bittrex International on May 21st, 2019 in order to bring the VDX Token into existence as a tradeable asset.
We sold a total of 147,703,182.841 VDX Tokens (32.8%) of the allocated 450,000,000 VDX Tokens.
Token Burn
On May 22nd, 2019, the unsold 302,296,817.159 VDX Tokens from the IEO were burned to better serve the IEO participants with the opening of the market.
View Burned VDX Here: https://etherscan.io/tx/0x50acf63ccb2ee3855be1135ca05194d400aa2595ab02bd0b9a6424c1e2954f39
The Two Phases of Vodi X
The Vodi X Project comes in two unique phases that add value to the entire Vodi Ecosystem: Vodi Microtask, and Vodi dApp Ecosystem.
Phase 1: Vodi Microtask
In Phase 1 (Vodi Micro-Task), the Vodi X Token will be the equity earned and staked within our Mirco-Task solution. Vodi Micro-Task enables workers (Vodeers) and AI Companies (Vodiants) to have a clean and simple exchange of information for value (VDX). Companies will pay these workers in exchange for tasks needing human interaction and reasoning.
After earning an income, workers will be able to “cash-out” for Vodi global payment based services (Mobile Recharge, eGift purchases, Vodi Out, and many dApps and apps introduced in Phase 2).
Phase 2: Vodi dApp Ecosystem
There will be many dApps and apps connecting to Vodi and ultimately Vodi X. Users will get discounts by using VDX for products and services, as well as when interacting with dApps. This adds value to the entire ecosystem by encouraging more Vodeers (workers), Vodiants (job posters), and Developers to join the ecosystem and bring more utility to VDX.
The Staking Concept
A staking concept will be implemented within the Vodi X ecosystem to ensure positive behavior and reinforce trust among participants. Staking will take place in two instances. Staking of VDX tokens for both Vodiants and Vodeers in the micro-task platform. Staking of VDX tokens by dApps that are plugged in the Vodi X platform.
Staking in Phase 1
For the staking of VDX tokens in the job marketplace, both Vodeers (Workers) and Vodiants (Employers) have to stake varying amounts. Vodiants (Employers) will stake VDX tokens equivalent to the value of the micro-tasks opportunity they choose to list. The Vodeers (Workers) will stake VDX tokens according to the tier of the micro-tasks they choose to undertake. This creates a trustless system where funds are managed through the platform, instead of either the company or users.
Users will hold VDX in order to gain access to greater paying jobs and earning potentials. The more VDX you hold, the higher tier jobs you can participate in. It costs VDX in order to complete jobs of higher tiers.
Let’s say we had 1,000,000 Vodeers (workers) who held 1,000 VDX (Maximum Tier) per-users for micro-tasking. That would be 1,000,000,000 VDX in Circulation. If we had 2,000,000 Vodeers that would be more than our total supply. In this situation, we would half the VDX needed to participate in a tier to keep the ecosystem running smoothly.
Staking in Phase 2
Once Vodi X moves into phase two serving as a decentralized ecosystem, dApps or Apps integrated into the Vodi dApp platform will have to stake VDX tokens before they can proceed. This is to encourage good participation due to shared incentives and discourage deceitful participants from entering the system.
Follow us on our Social Channels to keep up to date:
Vodi X Community: https://t.me/Vodixgroup
Vodi X Announcements: https://t.me/Vodixchannel
Download Vodi Today: https://vodi.io/
Twitter: https://twitter.com/vodi_app
Facebook: https://www.facebook.com/vodiapp/
Instagram: https://www.instagram.com/vodi.app/
