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CyteCoin - a crypto-currency that builds the underlining infrastructure layer of AR/VR/360 advertising ecosystem. Through the tokenization, content producers, event organizers, KOLs, sponsors, advertisers, merchants, and audiences can now be promoting and transacting their products and services by a unit of CyteCoin. This decentralization model will also be accelerating the adoption of AR/VR/360 content consumption making CyteCoin the most powerful and widely accepted crypto-currency in the digital advertising space.
An advertiser can use CyteCoin via a smart contract associated with the target content. This content is now active, or “live", which means content producers, viewers, and influencers can engage with that advertiser through the smart contract and be rewarded with CyteCoin for driving attention to that content. Every ad view, click, and reward that happens is communicated to the CyteCoin Smart Contract through VirtualCyte. The CyteCoin Smart Contract will then autonomously distribute CyteCoin to the users participating in that engagement. By utilizing smart contract, a publicly verifiable blockchain, and trusted, can directly disintermediate the “trade” of attention. It enables advertisers to execute ad campaigns by directly rewarding the content producers, services providers, and influencers of attention instead of going through an agent. Advertisers can target their smart contract to a much wider genre of content or even one specific media item.
CyteCoin goes beyond just advertising, merchants can also take full advantage of the content and use smart contract to reward audience for visiting their retail outlets. This feature significantly increases the value of the content and drives real traffic from online to offline enabling CyteCoin to be widely used and accepted by merchants.
Advertiser pays CTC to start an ad campaign in CyteCoin Smart Contract. Sponsor can pay at discount to ad campaign if payment is in CTC. Content producer will receive CTC for producing the content and every view and
conversion incurred. Influencers will get rewarded by promoting the ad campaign while audience are able to get CTC by engaging with the content.
CyteCoin's team members.
Co-Founder & COO
President, Strategic Development
Chief Creative Officer
Head of Application Development
2019 Q2 Beta test CyteCoin token protocol with selected stakeholders - advertiser, sponsor, influencer, content producer, merchant, business partner, and audience Aggregate more traffic through online advertising Expand into other countries through direct presence or JV Beta test VirtualCyte mobile app V2.0