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vevue token distribution

TOTAL TOKENS: 100 MILLION

All Vevue Tokens are managed by the Vevue Foundation, a Singapore registered non-profit organization. For inquiries regarding Vevue Token please contact us. More information regarding SEC on ICO's, Vevue Whitepaper (English), Vevue Github

 

INVESTMENTS AND ICO

51 MILLION

 
  • 10 MILLION
    • Investment from and Incubation with Qtum, June 2017: 10 months working in Qtum Shanghai office
    • Conversion rate: 1 Vevue Token = USD$0.025
    • 5 million reserved for “Daily Reward”
      • app users earn tokens for checking in each day
      • scaling distribution (each time user base doubles, reward halves)
         
  • 1 MILLION
    • Family + Friends investment round, July 2017
    • Conversion rate: 1 Vevue Token =  USD$0.05
       
  • 40 MILLION
    • Reserved for ICO, October 25, 2017 - (soft-launch $0 on marketing - only accepting QTUM)
    • Conversion rate 1 QTUM = 300 Vevue Token = approx. $.20 at time
      • ICO period ended January 28th, raising 72,311 QTUM
      • approximately 17 million tokens not converted 
        • tokens reserved for: investments, team hires, rewards, partnerships

COPYRIGHT & INVESTMENT WALLET RESERVE

9 MILLION 

 
  • 9 MILLION
    • Tokens will be distributed to Vevue App users as original content is created. 
    • Scaling distribution: each time user base doubles reward halves
    • Investment reserve for future partnerships 

GROWTH POOL TOKENS

30 MILLION

 
  • 5 MILLION
    • AIRDROP REQUESTS Beta Testing
    • Conversion rate: 0.5 Vevue Token*= 1 Vevue Request
    • 10 million videos added to database*
       
  • 20 MILLION
    • AIRDROP REQUESTS Launch/Live with scaling distribution 
    • Conversion rate: 0.25 Vevue Token* = 1 Vevue Request
    • 80+ million videos added to database*
       
  • 5 MILLION

FOUNDING MEMBERS INVESTMENT TO DATE

10 MILLION

 
  • 3,950,000 - Thomas Olson
  • 3,950,000 - Xiangyu Meng
  • 500,000 - Whizpool
  • 500,000 - Joshua Mix
  • 500,000 - Kathrine Reyes
  • 300,000 - Haoze Lee
  • 100,000 - Pengsheng Cui
  • 100,000 - Tianqi Zou

Vevue makes no promise or guarantee about the future value of Vevue Tokens. Generally, participants in this ICO donate funds to the Vevue Foundation and receive a grant of Vevue Tokens, without any expectation of future profit. Vevue does not actively target any jurisdiction in marketing the ICO, other than Singapore. Per advice of reputable legal advisors, Vevue Tokens do not constitute "securities" under relevant U.S. securities law. 


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