Quote from: camaund on October 31, 2018, 11:03:28 AM

Quote from: Roidz92 on October 24, 2018, 12:29:58 PM

Hi guys, what's happening with this coin and platform? How to earn from it? Why people must deposit 1500VIT in the site, i mean, what will be the benefits to do that?
Is a platform like steemit, or..?
Anyone can explain me please?

-what's happening with this coin and platform?

The platform is up, touch.tube so far looks good but still requires some sorting features. But the main porn topics are there. I like you can watch porn without the annoying adds and advertisements, or the malicious links you need to avoid, and is free.

Regarding the coin, there are two types of VIT at the moment. an ERC-20 token which was released during ICO and the native token which you earn in the platform. At this moment the ERC-20 can't be used at the platform, their only use is to create new accounts, so that is why is going down in price. Stuart (CEO) has already announced the transfer of ERC-20 tokens to Native VIT is almost ready and will be released next week.

-How to earn from it?
Similar to STEEM (VIT is a fork of Steem) if you upload a porn video you earn VIT depending on the votes the video get. If you vote on a video you earn VIT as curation depending the total amount the video earned. You can also earn VIT by commenting on videos and other people voting on your comments.

-Why people must deposit 1500VIT in the site, i mean, what will be the benefits to do that?
The 1500VIT you deposit are staked in your account (you need a certain amount of staked VIT in your account to interact with the platform (Upload, comment, vote). You can always unstake them after (takes several weeks like steem) but you never lose those 1500 they are yours.

-Is a platform like steemit, or..?
VIT works quite similar to Steem, the more VIT you have staked the more your votes are worth. And the more you can earn by curation.

Adding to this, the community is great, its the first time I see a CEO interacting like this with the community. Finally, tube8 is almost done with implementing VIT in their site. And there is talk about cannabis companies wanting to integrate VIT (Automanseeds.com and copperheadgrow.com). https://automanseeds.com/automan-to-accept-cryptocurrency/

If you are interested in VIT news you can follow their twitter account https://twitter.com/VITupdates

Thank you so much, very very clear, i really appreciate you spend your time to answer. You deserve some merit if only i had some left!

By the way, now i understand everything, because i always used steemit, so it is the same.. but one thing, video streaming are really, really slow!