|
|
Rhovit
| Rhovit | |
|---|---|
|
Rhovit logo Rhovit ICO Review | |
| Rhovit ICO | |
| Ticker: | Rbit |
| ICO start: | 0000-00-00 00:00:00 |
| ICO end: | 0000-00-00 00:00:00 |
| Price: | 1 ETH = 140 - 180 Rbit |
| Tokens: | 63,000,000 Rbit |
| Softcap: | 25000000 Rbit |
| Platform: | Ethereum |
| Distributed: | 35% |
| Accepting: | ETH |
The Rbit Token is used by RHOVIT providers and advertisers to incentivize users to watch and share their content. Rbits also provide the backbone for RHOVIT’S circular economy by “valuing” users transactions on the site and using those transactions to mine Rbits. The mined Rbits are then distributed out to the content provider community and used as backing to distribute RHOVIT’S in-house currency, “Coins” to the user community so they can purchase more content.
Description
RHOVIT was created in 2012 by filmmakers who wanted to fix the system. Not just for film, but music, books, games...for all creators. The idea was to give artists all the power of a major platform but the freedom and profit of their own site. It was a better system but it wasn’t complete. In 2014 we sidelined the project. So why are we bringing it back now? Because of technology like Ethereum and the ability to complete what we started.
The problem with content monetization is not singular. High platform fees, transaction fees, middlemen, skipped ads, ad blockers, low cpms, piracy, audience reach, expectations of free...it is all of these. Blockchain and the creation of a token by themselves are not a cure all. But when used as the backbone and fuel of a fully realized circular system that feeds and regenerates itself, they are the technology that will disrupt an entire industry.
RHOVIT has used them by creating a value layer where there was none. Imagine if all the actions a User took on a platform...renting a movie, reading a book, watching an ad...were drops of water. Now imagine all those drops collected in a trough. Right now on platforms that water sits until it evaporates into nothing. RHOVIT dumps it over a water wheel, powering an engine that creates value for Users and Providers in the form of Rbit Tokens. It is the creation of value from waste that is the key to solving the writers problem and the problems faced by millions of other content creators big and small. RHOVIT is an earn and spend circular economy that creates and spreads value to it’s entire community.
Roadmap
| “ | 2012: RHOVIT 1.0 is imagined and built 2014 : RHOVIT 1.0 is put on hold until a better monetization system can be devised. Q1 2017 : RHOVIT 2.0 is imagined with integrated blockchain technology Q2 2017 : Circular Ecosystem is designed along with UX updates to existing RHOVIT Platform Q3 2017 : Whitepaper is published and ICO announced. Q4 2017 : ICO is held Q1 2018: Release Beta Version of Rbit backed RHOVIT Platform Q2 2018: Open RHOVIT to the public[1] | ” |
Team
External links
Rhovit on Twitter
Rhovit on Slack
Rhovit on Facebook
Rhovit on Medium
Rhovit on Bitcointalk
Rhovit on Github
Rhovit on Youtube
Rhovit Official Website
Rhovit Whitepaper
