Vidion provides a transparent and secure model of real-time mutual settlements for news outlets, professional journalists, and eyewitnesses. The platform brings together consumers and contributors, and guarantees fulfillment of obligations for both parties. Vidion content consumers include news media, television companies, and corporate clients.
Regular commercial content platform for video journalism are inefficient because of:
We are transforming the news industry and inviting thousands of newcomers to join the newsmaker community. The platform includes smart contracts that guarantee transparency and openness of the system, thus solving one of the primary issues of interaction between the consumer and the contributor: communication.
Additionally, due to the impossibility of estimating the quality of the video material before it is in the hands of a media outlet, media cannot guarantee payment. This is a pressing issue of all freelance activities, including design and copywriting. To solve this issue, the platforms take upon themselves the function of a mediator, making judgment calls and paying—or not paying—the contributor. News media quickly lose trust, and the wide circulation of fake news became a heavy blow to the reputation of the industry.
For more information on Vidion $VIDI tokenomics, download the pdf here.