Specctiv ''A Virtual Reality Streaming Platform"

"A Virtual Reality Streaming Platform"

The biggest difference between Spectiv and other VR streaming platforms is the user-driven content. Spectiv is a decentralized, user integrated exchange of virtual reality experiences. In other words, Spectiv is not just a portal for viewers to watch popular VR events – it is an environment where users from across the world can share their real life experiences with others.

Spectiv will be driven by a two token ecosystem,

"Sign" and "Sigs"

Spec Tokens (Specs)

Specs are the internal currency which will be used to facilitate functions exclusive to the Spectiv platform, including ad rewards, tips, and premium content purchases. These tokens are limited to use within the platform, cannot be transferred out, and can only be acquired through ad rewards or direct purchase on the platform. Specs will have a fixed value and will be offered in three distinct denominations:

Gold Specs: $.10| Silver Specs: $.05 | Bronze Specs: $.01

Signal Tokens (Sigs)

Sigs are the decentralized token that will be used to generate unique signals to virtual reality content. Signal generators will be able to earn Sig returns for successfully driving viewership, creating a powerful incentive to share VR content and ultimately accelerate VR adoption. Sigs will be sold through a token creation crowdsale event via an Ethereum Smart Contract. This is how the total supply of Sigs will be determined.

Distribution Of Sign Tokens

The total number of Sigs created will depend on how many are sold during the token creation period. This will be determined through the Sigs crowdsale, where Sigs will be sold over a 21 day time period, or until a maximum total value of 45000ETH is sold. Once the supply is determined, Sigs will be distributed as follows:

Sigs Crowdsale (60%): Sigs will be issued through a public crowdsale where a maximum of 90Mil Sigs will be sold for 45000ETH. If this limit is reached, the total supply of Sigs will be 150Mil Signal Tokens. This is based on the 90Mil Sigs sold in the crowdsale representing 60% of the total supply. Once the crowdsale is over, there will be no further opportunity to buy Sigs until platform launch. Crowdsale participants can purchase Sigs with either Ethereum. The supply of Sigs created and committed to buyers will be distributed through an Ethereum Smart Contract following the crowdsale close.

Platform Reserve (20%): A portion of the total Sigs supply will be held in reserve to support Sig interest returns for early curators. These Sigs will be used as a 10 temporary buff to pay curators who generate signals prior to ad integration. This will also help us begin developing our attention data analytics protocol.

Management Team (14%): These Sigs will be kept within the company and divided among the management team.

Escrow & Advisors (4%): Escrow partners and advisors will be compensated in Sigs. 2% of the total Sigs supply will be evenly split among two escrow partners. 2% of the total Sigs supply will be evenly split and distributed to advisors.

Bounties and Rewards (2%): A portion of Sigs will be allocated to reward proactive crowdsale participants through our bounty campaign.

Bounty Campaign (2% of Sigs)

Bitcointalk Signatures: 40%

Translations Bounty: 15%

Blog Posts & Articles: 10%

Twitter Retweets: 10%

Bugs Audit: 10%

Facebook Shares: 5%

Newsletter Sign-up: 5%

Marketing & Promotion: 5%

Crowdsale Event

Sigs will be publicly issued through a token creation crowdsale event. The crowdsale will open on 08/14/2017 at 12pm (GMT -5) and will run through 09/04/17. Total Sigs created will cap at 150Mil Signal Tokens, with 90Mil Tokens being sold through the crowdsale for a total of 45000ETH. The crowdsale will end immediately if the 45000ETH cap is reached. We will host the Sigs crowdsale at www.spectivvr.com

PRICING:

Level 1: 0ETH – 9000ETH = 2,400 Sigs/ETH = 21.6Mil Tokens

Level 2: 9000ETH – 18000ETH = 2,200 Sigs/ETH = 19.8Mil Tokens

Level 3: 18000ETH – 27000ETH = 2,000 Sigs/ETH = 18Mil Tokens

Level 4: 27000ETH – 36000ETH = 1,800 Sigs/ETH = 16.2Mil Tokens

Level 5: 36000ETH – 45000ETH = 1,600 Sigs/ETH = 14.4Mil Tokens

How To Participate

Users will need an Ethereum wallet; Spectiv suggests myetherwallet (MEW), but any non-exchange Ethereum wallet will just as well be able to receive Sigs. This Ethereum wallet will generate a personalized Ether address. When the crowdsale launches, users will be able to specify how many Sigs they want to buy. Then users will be prompted to input the Ethereum address tied to their Ethereum wallet, this is where their Sigs will be sent. After a user inputs their Eth address, they will be provided a unique payment address where they will send their Ethereum to pay for Sigs. Once payment has been made, users will be able to see the number of Sigs they purchased. Sigs will be distributed to the user provided Ether addresses through an Eth Smart Contract following the end of the crowd sale.

Information Detail :

Official Website : https://www.spectivvr.com/

Official Thread in Bitcointalk Forum : https://bitcointalk.org/index.php?topic=1975254

Facebook : https://www.facebook.com/spectivvr/

Twitter : https://twitter.com/spectivvr