VIDT market capitalization

$ 4,281,506


VIDT circulating supply

42,325,023
Maximum circulating supply 46,507,007

Total VIDT burned sofar

42,085,189


Validation Wallet balance

18,329


Token distribution



Circulating42,325,023
Validation Pool
Closed
11,407,803
Fund
Listings, marketing etc
1,181,984
Team - Locked
20% unlocked annually
1,800,000
Advisors - Locked
20% unlocked annually
1,200,000
Total supply57,914,811

VIDT fees chart




Payment of compensation fees has been automated since June 5th '19. 1 VIDT extra is required for a DigiByte transaction, 1 VIDT for a LTONetwork transaction, 0.5 VIDT for a Binance Chain transaction and a real-time VIDT fee representing $ 5 for a Bitcoin transaction.

Transactions and fees



Fee per fileTransactions
MinMaxManualAPI
Apr   20 22   1,880 6,487
May   12 22   1,331 5,010
Jun   13 14   31 157


VIDT spent
ManualAPICompensationTotal
Apr  221,1501,556,25493,2961,870,700
May  67,031825,351168,5511,060,933
Jun  1,6799,0177,63318,329


Batching multiple files in 1 transaction by API was deployed on May 12th '19 in our API V2.

More than 1 file per request will be batched in a single transaction, requiring VIDT fee x number of files.

The number of transactions and gas fees is expected to stay relatively steady thanks to this update.

Validation fee per file

Minimum fee 13
Dynamic fee 13



V-ID clients pay in fiat for our services since Q4 '18. All validation fees (on all blockchains we support) are paid for in VIDT.

Clients can choose between a fixed € / $ fee (dynamic VIDT fee) or real-time market price (minimum VIDT fee).

The minimum VIDT fee is reset every month as the rounded equivalent of € 1.24 on the 1st day of the month.

These fees are for storing data in the V-ID smart contract, powered by Ethereum. Storing file fingerprints in DigiByte, LTONetwork, Binance Chain or Bitcoin requires an extra VIDT compensation fee.

Burns and buybacks


Q1 '19
Tokens spent798,400
Tokens burned159,680 
Tokens bought back79,840 

Q2 '19
Tokens spent1,771,638
Tokens burned354,327 
Tokens bought back177,163 

Q3 '19
Tokens spent1,982,397
Tokens burned396,479   
Tokens bought back198,240   

Q4 '19
Tokens spent5,298,781
Tokens burned1,059,756   
Tokens bought back529,878   

January '20
Tokens spent2,171,990
Tokens burned434,398 
Tokens bought back217,199 

Valentine's Day '20
Tokens burned1,797,679 

February '20
Tokens spent1,183,159
Tokens burned236,632 
Tokens bought back118,316 

March '20
Tokens spent1,807,180
Tokens burned361,436 
Tokens bought back180,718 

April '20
Tokens spent1,870,700
Tokens burned374,140 
Tokens bought back187,070 

May '20
Tokens spent1,060,933
Tokens burned212,187 
Tokens bought back106,093 


10% of VIDT spent on validations is bought back at exchanges in unequal parts, at random moments. These tokens will be burned each month (formerly each quarter).