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  • V-ID and DigiByte aim to end document fraud
    read more about this joint development
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    V-ID welcomes Chris Robinson
 

 
 

The V-ID Token Sale

 
Below we’ve provided a bit of background on the V-ID Token Sale. If you have any other questions, please get in touch directly with our team using the contact form .

What is V-ID?

V-ID is a verification service that allows you to validate and verify documents through the blockchain in real-time.
What are V-ID tokens?
The V-ID Token is an Ethereum smart contract token which will be used to pay for all services provided by V-ID.  These services include implementation projects, self-service, API licensing and transactions per file.

The V-ID Tokens will also be used to cover the costs of using multiple blockchains, without requiring other tokens or coins.

What features, uses or attributes do V-ID Tokens have?
V-ID Tokens can also be used for self-validation, using this method, an employee of the issuing organization can validate documents at any time. V-ID assigns a wallet for this to the issuing organization, which holds a credit of V-ID tokens. A transaction with V-ID tokens takes place per validation.

Due to the data associated with these transactions in the blockchain, both the validating party and the validated file are transparent and verifiable per transaction. Though V-ID uses the Bitcoin, Ethereum and DigiByte network, only V-ID Tokens are required for all transactions.

How does the V-ID Token distribution work?
100 million (100,000,000) V-ID Tokens will be distributed according to the schedule below.
Tokens that are reserved for the team and advisors are locked up for five years, with 20% released every year. Tokens sold in the private sale to early investors are also locked up until June 2019 and beyond.

How can I invest in V-ID?
The token sale is the only way to invest in V-ID. The V-ID Tokens hold the key to the whole concept and will make sure we have the same incentives as our investors. Learn more about your investment.

What can we expect from V-ID in the near future?
V-ID aims to become the trusted third party source for securing and verifying documents. We will provide identification services and the most practical tools and white label API's to validate and verify any digital file.
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Why invest in V-ID Tokens?

https://www.youtube.com/watch?v=xG-3CEhVdRs

V-ID is a universal fraud protection standard for any digital file.
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How does it work?

An organization that issues, for example, certificates in PDF format to its students, can validate these documents with V-ID.
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Why is it needed?

As everything is becoming digital, we are forced to distribute our files in many different ways.

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What makes V-ID possible?

V-ID provides blockchain-powered, on-demand, secure verification. V-ID uses the digital fingerprint of a document and locks it in a blockchain transaction that is then broadcast to tens of thousands of servers across the planet.
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