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.
DIGIX DAO TOKENS. Our vision for the future is a world operating on Smart Contracts. Indeed, we think this vision will become a reality very soon. In this world, a stable store of value is needed - that's why we created DGX. In order to ensure the success of DGX, we also conceived DGD; a stake in a 'Distributed Autonomous Organisation' that rewards DGD holders based on DGX's success. By participating in the DAO and working on its behalf in curating proposals, you get rewarded based on the usage of DGX in the Ethereum ecosystem. DGD holders use their tokens to decide on proposals, and determine the best way forward for Digix.