The Viral Exchange
Asset Name- TVE
Asset ID- 10848741160900045194
Total Assets- 500k
-33,334 sold during inital ipo at 15 NXT
-66,663 released from NXTinspect after delivering the 2.0 platform developed from the ground up and paying out the first dividend.
-33,333 put on AE at 20 NXT
-33,333 put on AE at 25 NXT
-100k (20%) will be held by NXTinspect and the dividends will be used to fund rewards for the Blitz Reward program.
-12.5k (2.5%) is paid to NXTinspect for their ongoing support and services in providing escrow and advice to the team.
-87.5k (17.5%) will be sold down the road to drive growth through increased marketing or platform features or simply to improve asset liquidity. (Currently held by NXTinspect)
-200k (40%) is used to provide bounties to the Viral Exchange Management team, these bonuses are arranged as following:
10% on successful launch of the TVE V2 platform
15% when the TVE has earned >$20k in revenues
15% when the TVE team has successfully driven >20% growth in revenue per month for 3 consecutive months.
All expenses incurred by The Viral Exchange will be taken out of revenues before dividends are paid.
All profit generated by The Viral Exchange will be paid to asset holders.
Our first dividend was paid November 7th.
October-42,400 NXT/33,333 assets in circulation = 1.272 NXT per asset
November -54,400 NXT/54,949 assets in circulation = .99 NXT per asset
The Viral Exchange (TVE) is a next generation social exchange with the goal to monetise social network activity via the blockchain.
TVE is a free social exchange network which helps businesses increase their social network presence and drive users to their website . The exchange system is very simple. Every time a user likes, follows, or views another members' social media pages they receive Viral Points which can then be used to get more followers, likes, views or visitors to their website or social media pages. The Viral Exchange is the first social exchange platform that allows users to cash out points to digital currencies. Users can earn Bitcoin, NXT and Blitz with their Facebook, Twitter, Google+, YouTube plus many more.
The fundamental business model for TVE is to become a major player in social media marketing that delivers increased Social Media exposure and closer interaction with a businesses potential market. The ultimate goal is to establish TVE as the leading platform for businesses and individuals that wish to increase their Social Media presence and brand awareness.
The core business model consists of revenue generated from the sale of Viral Points and recurring revenue from VIP membership subscriptions. The Viral Exchange will also offer a comprehensive set of integrated professional services around Internet and social media marketing.
The Team:
The project is lead by Killakem with all members of the Blitz team being utilized as required. We use in house developers, while also utilizing external development companies. Killakem has developed the marketing strategy and will direct and project manage its implementation.
Killakem, is also known for founding the SuperNET Core coin Fibre and now also takes the lead on the Blitz project. Before getting into crypto, Killakem built a successful Internet marketing and SEO operation. He specialized in the development of web automation bots, search engine optimization, SEO analysis and marketing strategy consulting.
The current project status:
We have over 600 users now and have deleted over 300 fraudulent ones.
The marketing strategy for TVE is to build the user base first then target the markers. Building the user base does not require large amounts of funding it just takes man hours, however targeting marketers/businesses will have bigger overheads because it will required paid advertising etc
This number will increase significantly once we announce the platform to the Internet marketing and SEO communities, but we have to wait till 2.7 is released for the new bot protections. I come from the IM/SEO community and I know them well, they will bot TVE into oblivion if our protections are not rock solid
The 2.0 platform has been released and in use for over 2 months, during this time we have fixed many bugs and implemented lots of new features.
Most importantly we are seeing a nice gradual increase on users and unique visitors, this is obviously a good indicator that our marketing efforts are paying off.
We are also seeing a gradual reduction in our user bounce rate and an increase in our user engagement rates. 3.0 will bring various growth hacking methods to TVE which should see every new user organically bringing more users through these methods.
3.0 will also see TVE move onto the blockchain, which will hopefully see the crypto focused news outlets running press releases on the platform. Right now the crypto focused news sites are not supporting us.
Disclaimer: Ourselves and any investors, could lose money. Nothing is guaranteed.