VAI Token Utilisation For Community Members, Merchants and Partners
Learn how VIOLET Token (VAI) works on Viola.AI.
Disclaimer. It is crucial to note that the value of VAI (VIOLET Token) will be largely determined by the circumstances in the future with no guarantee possible on our side. The best we can do is to simply execute well to create a strong and useful product with good utility for VAI in the future.
VAI is now listed on IDEX. The Token will be listed in other Crypto Exchanges, and subject to market forces, will increase in price as demand outstrips supply.
Alpha Club Members (Contributors in Viola.AI ICO) will receive an email from the Viola.AI Team for the initial details on “Freemium” paid learning modules and discounts that they will be entitled to.
Viola.AI, the First Blockchain-Powered Relationship Registry (REL-Registry) and Lifelong AI Love Advisor, delivers a wide-array of user benefits — expanding its market segmentation from our Community Members, to approved Merchants and to our trusted Partners.
- For our Community Members — The dating singles, attached and married couples who were mainly highlighted during the ICO campaign (also referred to as the ‘target users’ of Viola.AI App); the Alpha Club Members who have made their contributions; the Supporters and registered members of Viola.AI ICO; and the user-base of Lunch Actually Group in 6 Asian countries.
- For Approved Merchants — Businesses from across the globe who have successfully enlisted on Viola.AI Merchant Portal will get direct access into the fast-growing US$800 Billion Love Industry through Viola.AI Marketplace.
- For our Trusted Partners — The confirmed partnerships/corporate tie-ups between Viola.AI and established companies/organizations, particularly Experts and Coaches, that will be instrumental to the success of our community members while finding love and nurturing relationships).
How VIOLET Token (VAI) works?
Additional Resources: (1) The full context of this article can be accessed by downloading our Whitepaper. (2) You may choose to watch this later and continue reading — The explainer video provides a gist of token utilisation.
Viola.AI’s business model and ecosystem are centred on VAI. Structured as a form of utility, VAI can be used to purchase goods and services through the Viola.AI Marketplace with approved Merchants coming from diverse industries on a global landscape.
Future users of Viola.AI will enjoy the following services as illustrated below.
Token Utilisation Features
1. Buying Goods and Services
Purchase Premium Content and Services from Experts — including the only state-licensed matchmaking school in the world with over 3,000 matchmaking and relationship experts from 46 countries ran by the ‘Matchmaking Institute’ (MMI) based in New York.
Avail tailored educational content that were built over 14 years of experience for dating techniques, personal development and more! Premium Bundles and selected modules are available for users by eBooks, videos, and eNewsletters!
Dining, Lifestyle, Leisure and More! Buy products from over 40,000 brands across 27 countries — powered by our trusted partner, MegaX (created by fashion and lifestyle firm iFashion Group). Users will also benefit from 7 lifestyle merchants in Asia, including but not limited to, FarEastFlora.com, Love Florist, Roses Only, MemeFlorist.com, Heatwave Shoes, Creative Eateries and CSK Aesthetics.
Tipping. Reward great content and ideas, boosting the reputation of content in Viola.AI’s eyes as well as rewarding the authors of the content. On a personal discretion, users can also use VAI to send ‘tips’ to merchants for exemplary quality services.
2. Placing Ads for Merchants and Experts
Experts and Merchants can purchase advertising spots on Viola.AI’s brand assets, including but not limited to, social media, eNewsletters, websites and the mobile app.
3. Rewarding Members for Advice and Responses
Through the Crowd Wisdom feature of Viola.AI, users can get rewarded with VAI, which increases as the quality of content improves, measured by gained traction and user engagement based on these three levels:
- Level 1: Great content that helps Viola.AI users
- Level 2: When the content is used by Viola.AI to improve her advice algorithm as well
- Level 3: When the content is very well used by Viola.AI and hits usage milestones
‘Tipping’ also enables users to reward great content and ideas that they see on Viola.AI, boosting the reputation of the published content as well as rewarding the authors.
4. Paying Referral Commissions
Successful Referrals of New Users & Merchants will incentivise the Community to share into the revenue growth of Viola.AI by Paying Referral Commission with the following outcomes:
- Every time a referred user with a complete profile makes a purchase through Viola.AI*
- Every time a referred business (a merchant) makes a purchase or spends on advertising on Viola.AI
*The above-mentioned outcomes constitute the definition of a ‘Successful Referral’.
5. Gamification Rewards and More!
The gamification module of Viola.AI allows users to earn VAI when they complete certain tasks and milestones which provide more data to improve Viola.AI’s Machine Learning capability that helps users to improve their dating and relationship journeys.
Amount of rewards varies according to activity types, level of work and total time required.
MORE REWARDS! Users of Viola.AI will also get rewarded with VIOLET tokens through the following:-
- The next phase (post-ICO) of the Proof of Love Bounty Program that will be launched with updated terms and mechanics.
- Reporting System Bugs on Viola.AI can also earn points in VIOLET tokens. The bigger the identified vulnerability of the bug report is, the higher the volume of VIOLET tokens shall be given as rewards. Submissions will be reviewed and approved by Tech Team of Viola.AI. The Vulnerability Disclosure Program set by the Tech Team applies.
- Special Campaigns will roll out from time to time that will benefit the users while driving the usage of Viola.AI.
- To encourage app engagement and drive app monetisation, VIOLET tokens shall be rewarded to each Newly Verified User with Complete Profile.
Which among the token utilisation features do you like the most? Share us your thoughts.
Chat with us on Telegram for any feedback or any creative ideas that you might have. You’ll never know, your input will be cited in our full app launch!
Chat with the Viola.AI Community today.
That’s all for now!
You’ll definitely here from us again as we make the initial line-up of token utilisation in the coming weeks.
If you need assistance, please send an email to ico@viola.ai.
From Singapore to the World,
F R E D D I E | L A C O R T E
Head of Community Management, Viola.AI
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