Spectiv — Virtual Reality ICO Receives over $1 Million in Presale (October 23rd Update)

Dylan Senter
Spectiv
Published in
2 min readOct 23, 2017

Our Early Supporter Presale closed on September 4th. Signal Tokens were sold for a total of 3,548 ETH, 32 BTC, and $58,000 USD. All presale transactions have been audited and verified by global public accounting firm, Baker Tilly (Mauritius). This presale was conducted with a pioneering standard for security and regulatory consciousness. Since closing the presale, we’ve had the opportunity to support accelerated platform development and operational fluidity.

Signal Token Protocol — October Update

Signal Tokens will be used on Spectiv’s platform to directly connect advertisers with attention influencers. This is achieved through Spectiv’s “Ad Campaign Smart Contracts” which advertisers can use to directly reward viewers, publishers, and curators for driving attention to their ads. Every ad view and click that occurs on the ad is communicated to the Ad Campaign Smart Contract which then autonomously rewards Signal Tokens.

The Signal Token Protocol is not limited to the Spectiv platform; it is open-source. The protocol is designed for any media platform to adopt and implement. Spectiv brings integral value to this protocol by acting as the pioneer and first use case, providing a foundational layer for other media platforms to benefit from and build upon. This pragmatic approach to token creation could bridge the gap between blockchain theory and real-world utility.

Spectiv Platform Alpha Release — 2 Weeks!

We’re currently hard at work developing the Spectiv VR platform and we’re really excited to show you guys our end product. The alpha V1 will be ready in about two weeks and will support VR content upload, viewing, user accounts, and more. We don’t want to say too much before the release but rest assured, it will be awesome.

Business and Legal Structure

Since the presale, we’ve brought on an additional developer, an external CFO, and moved into an office space directly across from our venture partners, Sutton Stone. We are currently constructing a detailed financial model on future Spectiv business activities — we will share this in early November. Additionally, we are wrapping up formation of the Mauritian corporate vehicle which will support and hold jurisdiction on the Spectiv token sale.

Token Purchasing Opportunities

As a reminder, Signal Tokens can be purchased at a fixed price of $0.50 each through the Spectiv Crowdsale. The sale will have a maximum expected receipt of $40 million in Signal Tokens. This open sale will be hosted at www.spectivvr.com on December 8th, 2017.

Reach out to us at info@spectivvr.com for private token purchasing inquiries.

Regards,
Spectiv Team

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