AMA Session with Conner Romanov from Vodra
Guest: Conner Romanov, Co-Founder and CEO of Vodra
Iris: Today, we’re honored to have Conner Romanov, Co-Founder and CEO of Vodra, in our community to give us a more intuitive introduction to their unique project.
Hey Conner, would you like to tell us little bit about yourself?
Conner: Certainly, I am the Co-Founder of Vodra, alongside Zachary Bys. We founded Vodra in December last year and have been working on it ever since, scaling to over 16 team members up until this point. We are delighted to be able to share our project with the MEXC community today!
Discord Server: https://discord.gg/28c3sRbMw5
Question about the project
Iris: What is Vodra? Can you share with us more in detail?
Conner: In short, we are a creator compensation platform. This means that we enable all types of content creators (Bloggers, artists, livestreamers, musicians, athletes, E-Sports players, etc.) to be fairly compensated for their efforts. We achieve this through our suite of platform agnostic donation tools, meaning creators across every social media platform can use our product. We offer live tips/donations on livestreams, project crowdfunding & voting, and monthly subscriptions and pledges for various rewards such as NFTs, exclusive content or access to live events. All of this is powered by our platform token $VDR (Vodra Token).
Iris: What triggers you to launch Vodra? What are Vodra’s unique selling points as compared to other similar projects in the industry?
Conner: We were inspired to start the project when we realized just how little control creators had over their compensation. With the large broadcasting services taking up to 45% of live tips or ad revenue, there is a very unfair environment for creators and their audiences currently. On Twitch alone, every Twitch Bit donation has 45% that never reaches the creator.
As we saw more and more industries being revolutionized through blockchain technology and decentralization, we figured this would be the perfect solution for cross-platform creator compensation. Instead of having a unique or fiat currency for each social media platform, we offer our $VDR token which has no fees and is designed for the creators themselves.
What makes us unique is that we offer all of our donation tools with no fees attached, which is a real draw for creators to want to use the platform. We also reward creators with a share of $VDR based on their audience size, so that the creators have a stake in the platform they use. Currently there is no benefit for a creator working to scale a social media platform, as they are not a shareholder- we change that by offering creators a stake in the platform they use for their compensation, which exposes them to the upside growth.
These are one of many points which make us absolutely unique in the space right now!
Iris: What is the role of $VDR in Vodra? Would you tell us more about its tokenomics?
Conner: The Vodra Token ($VDR) is the currency designed for the Vodra Platform. This is what every interaction is denoted in.
There is a max total supply of 2,000,000,000 $VDR and we are slowly releasing this supply based on creators using the platform at a logarithmically decreasing rate. This means that creators who join on early are more greatly incentivized than those who join on later, encouraging early growth and promotion.
$VDR is currently an ERC-20 token, but we have a Polygon/Matic layer 2 solution in the works which is coming out Q1 of 2022. This will ensure transactions with negligible fees for creators and their audiences.
We are also looking to have fee redistributions and governance as part of the token’s utility, which would mean that it is not only used to capture all the value on the platform, but also to assist in the maintenance and governance of the platform.
More specifics can be found in our Tokenomics and Whitepaper documents here: https://vodra.io/docs
Iris: You just mentioned about VDR coming to layer 2 next quarter. Are there any other exciting news or updates with regards to Vodra that you would like to share with the users?
Conner: Absolutely! So we are currently working to unveil the first iteration of the platform this month. We will be showcasing some of our amazing Pre-Launch creators, who have a combined audience of over 120 million all together. We are focusing very heavily on perfecting livestream tips and donations and want that to be the first major feature that we roll out with.
Afterwards in the new year, we are looking to begin adding the remainder of the features which include project crowdfunding and voting: this is where a creator can post 2 separate project ideas, and have their audience vote with $VDR on which they would like to see undertaken. The winning project is then funded with the amount of $VDR put towards it.
Then afterwards, we will have the monthly subscriptions enabled, where creators can set certain reward tiers for their audience to contribute monthly, and offer specific perks. These can range from NFT’s, exclusive content, participation in E-Sports events, or anything else a creator can think of- we can’t wait to see how our creators make use of the platform in unique and interesting ways.
Iris: If you were to summarize your project in ONE word, what would it be? Why?
Conner: The main word we would use would probably be “Creativity” — at the heart of it all, our mission is for creators to be fairly compensated while creating what they love. Our tools are all designed to be as unobtrusive and seamless as possible.
We believe that is severely limits a creators ability to express themselves genuinely when they are forced to promote certain products or run advertisements to obtain their compensation. With our direct audience-to-creator model, we are allowing creators to express themselves creatively while earning a living.
Q1: Currently a lot of people are looking at NFTs, metaverse, and games. Can you tell me what advantages will you have in this field future?
Conner: When it comes to NFTs, Metaverse and games. I think it’s important to understand that all of these are based on content. They need to be created, and shared to audiences for them to have value.
Since we are a creator compensation platform, we are in a very unique position to offer these sorts of things in an authentic way, straight from the creators themselves.
We recently partnered with 2Crazy, an experience-based NFT provider for this exact purpose. Once Metaverses become more widely used, we also intend to integrate with those as well, especially during livestreams- which is already currently possible!
Thanks so much for asking :)
Q2: How did you get the community involved in developing the project? and how do you build a strong community to grow globally?
Conner: We did this by working with the creators themselves. Our prelaunch creators have a combined audience of over 120 million, and that is before we have even launched the platform.
When creators hold a stake in the platform, which they do with Vodra, they are incentivized to promote it and include their audiences. This is our main growth strategy which is organic and authentic.
Using the creators themselves to educate their own communities is the best way to introduce our project, and blockchain as a whole, to a wider audience.
We are really excited by the premise that we will be able to convert many from the “non-crypto crowd”, since we are really promoting this to the mainstream users of all major social media platforms like YouTube and Twitch.
Thanks for asking!
Q3: How can I buy this tokens? Is it available on any exchange?
Conner: $VDR can currently be purchased on a number of centralized and decentralized exchanges, including MEXC of course!
Currently we are listed on MEXC Global (https://www.mexc.com/exchange/VDR_USDT), Gate.io (https://www.gate.io/trade/VDR_USDT) and Uniswap (https://app.uniswap.org/#/swap?inputCurrency=0xc02aaa39b223fe8d0a0e5c4f27ead9083c756cc2&outputCurrency=0xed3d4e446a96dc3b181b64b75c3c70da41dc3cbe).
We just launched the token last month and have been very proud to see the result. We have a number of trading competitions and promotions upcoming with MEXC so do keep and eye out for that!
You can also find us on CoinMarketCap (https://coinmarketcap.com/currencies/vodra), CoinGecko (https://www.coingecko.com/en/coins/vodra) and DexTools (https://www.dextools.io/app/ether/pair-explorer/0xe9b23a19bc1d2b18ea172f5c4f93570f6b3b4ddb)!
MEXC trading: https://t.me/MEXCTradeofficial