Vvid is designed to create an environment where every influencer can develop musical independence through the process of being discovered and growing on the ViVi platform by music influencers. Currently, the K-Pop and influencer markets continue to grow. The ViVi platform offers various services such as blockchain-based non-face-to-face auditions, music production and distribution, and opportunities to collaborate with professional artists. Firstly, influencers can pay with VIVI tokens to audition through the platform, or upload their own performance videos and operate SNS to form fandoms. After the validity of the fandom is verified through crowdfunding, you will have the opportunity to release official sound sources with multiple partners including "Warner Music".
Furthermore, influencers who have established a certain number of fandom members are eligible for crowdfunding and can generate and distribute sound sources suitable for their fandom. VIVI tokens are used when influencers enter into contracts and collaborations, and can be rewarded based on the number of views and engagement level of the content. Additionally, regular users can use VIVI tokens to participate in crowdfunding. The results of the auditions and all transaction details are stored on the blockchain.