Finder makes money from featured partners, but editorial opinions are our own. Advertiser Disclosure
VideoCoin (VID) price, chart, coin profile and news
Find the latest VideoCoin (VID) price, coin profile, news and history to get you started with VideoCoin trading and investing.
What is VideoCoin?
VideoCoin is a blockchain-based protocol that intends to revolutionise the way in which we consume, encode, store and present videos online. By drawing data and computing power from unused resources across the VideoCoin community, this network will lower encoding costs and times, enable algorithmic distribution of content and allow for easy integration with dApps and NFTs. As of July 2021, NFT compatibility has become a major aspect of VideoCoin’s development goal. The issue of online privacy and licence attribution has been a major debate over the past decade, with artists and content creators scrambling to ensure their works are properly protected and secure. VideoCoin wants to bring a new slant to the NFT era. By allowing TikTok memes, YouTube videos, or even CCTV footage to be minted, creators will be able to verify their work and prevent theft. VID is the native token of the VideoCoin network and is used for staking, or minting NFTs and apps. Furthermore, VID coins are pivotal for the allocation of unused resources – community members who wish to delegate their processing power to video encoding are rewarded in VID coins. Conversely, those who wish to use the blockchain’s encoding system will pay fees using VID.
VideoCoin (VID) is the 578th largest cryptocurrency in the world by market cap, valued at $59,264,512. The current price of VideoCoin is $0.372609, which is 0.716% higher than yesterday. Prices have ranged between $0.399685 and $0.344057 over the past 24 hours. All prices are listed in US dollars and accurate as of January 19, 2022 01:01 UTC.
VideoCoin (VID) priceUse our graph to track the performance of (VID) over time.
VideoCoin at a glance
|Total VID supply||265,000,000|
|All time high||US$1.05|
VideoCoin price performance over time
Disclaimer: Cryptocurrencies, including VideoCoin, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of VID is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the VideoCoin or any other cryptocurrency discussed.
Ask an Expert