Spendcoin is a decentralized cryptocurrency that powers the Spend.com ecosystem of products. Spend has two financial services products, the Spend App and Spend Card, which are products of Spend.com that give our users a multi-currency digital wallet that they are able to store fiat and digital assets/currencies. They will be able to buy, sell, store, manage, and exchange all supported currencies within the app. The Spend App is available on iOS, Android, or Web based devices. The Spend prepaid debit card allows users to send fiat based currencies loaded onto it via the Spend App anywhere that accepts MasterCard. Spend Foundation is also launching a decentralized educational platform called Blockchain University (bu.org). Blockchain University is designed to run off our open-source blockchain called Cross Ledger which incorporates a hybrid delegated proof-of-stake consensus model called Proof-of-Support. Proof-of-Support creates a learning based ecosystem that rewards those users who support and answer the knowledge base and Quora style system. Spendcoin will be the native digital currency powering the platform. Blockchain University and Cross Ledger are planned to launch in 2019.
The VideoCoin Network is a decentralized video infrastructure platform redefining the process for creating, storing, and distributing digital video content. The project is led by the VideoCoin Development Association Ltd. (Cayman Islands). Powered by a large-scale, distributed video infrastructure, the VideoCoin Network will usher in 'the new cloud,' by marshaling underutilized computing resources from around the world to revolutionize video services with blockchain technology. The VideoCoin Network ecosystem will lower costs by deploying unused compute resources and peer-to-peer video distribution, enabling a new generation of applications via open APIs and open source-based development, with increased privacy using decentralized, end-to-end encryption. The VideoCoin Network is the first blockchain project to integrate a third party fiat payment processor, underpinned by a consortium of banks. The model is optimized to enhance the utility of the VID as a reputational staking token that powers the network and ensures that the most qualified network operators are serving customer needs.