It is undeniable, the popularity of cryptocurrencies continues to increase and grow from year to year. In Indonesia itself, the number of crypto currency activists and investors is quite high, and it is even expected to continue to increase rapidly.
This can be seen as one of the most promising futures of cryptocurrency existence. As you already know, crypto is used as a digital currency, especially for online transactions. All online transactions, whether for buying or selling, can use cryptocurrencies without the need to convert them to the currency of a country. Therefore, transactions using crypto can be carried out without the presence of a third party.
Furthermore, cryptocurrencies can still be used for buying and selling transactions without the need to pay attention to differences in the exchange rate of a country's currency. This advantage is definitely one of the reasons why cryptocurrencies are considered a valuable thing with a bright future.
For those of you who are starting to feel interested and want to know more about crypto, of course you are also curious about what are the top cryptos or the best crypto currencies that are worth buying, especially if you are interested in making long-term investments using crypto. This is the time for you to get to know Vidy and VidyX as one of the most promising top cryptocurrencies, so that they succeed in having the largest community in Indonesia. Let's see the full review below!
Facts About Vidy and VidyX as the Top Crypto in Indonesia
1. Safe and Trusted Digital Assets from Vidy and VidyX
In the crypto world, there are one of the most promising top cryptocurrencies that you can also find in Indonesia, namely Vidy and VidyX. In simple terms, Vidy and VidyX are tokens of the Vidy project, a company focused on developing new media technologies to change traditional advertising modes. This project was first initiated by Patrick Colangelo, and is supported by a world-class team of technicians based in San Francisco.
Over the years, the project has continued to grow and now has offices in five other countries, including Indonesia. The presence of Vidy and VidyX specifically aims to provide an opportunity for users to generate digital assets from every activity they do on the internet.
"Many big technology companies live and thrive with your data, but they don't give you anything in return. There is no compensation or rewards. So, this is where Vidy comes into play," said Vidy's Founder and CEO Matthew Lim in a written statement, Monday (23rd). /5/2022).
In Indonesia, Vidy and VidyX have become one of the top cryptocurrencies worth buying and keeping forever, especially if you are interested in long-term investment. One of the reasons is that Vidy and VidyX are safe and reliable digital assets, just like other cryptocurrencies that are difficult to counterfeit because their security is protected by cryptography.
For those of you who are interested in starting to invest in crypto by buying Vidy and VidyX, then you can make these transactions through Gate.io as a safe and trusted exchange. In general, cryptocurrencies in general also operate using decentralized blockchain technology, so that currencies are not issued, controlled, or regulated by official authorities.
The security system offered makes Vidy currently has more than 200 million monthly active users with 3.5 billion monthly page views in Indonesia. In addition, VidyX as the best performing project has also entered the world's leading NFT market. Now, VidyX has managed to reach more than 20 thousand investors.
2. Advantages of Vidy and VidyX on the NFT Platform
For those of you who actively use and surf the internet, of course the term NFT is already familiar to your ears. Over the past few years, NFT has become a hot topic of conversation in various countries, especially through social media. However, do you really understand what NFT is? Here's a quick review of NFT and how Vidy and VidyX have demonstrated their ability to compete on the platform.
NFT stands for Non-Fungible Token, which is one of the digital assets that has recently become popular, and has become the biggest hit worldwide. This asset is widely used by artists or content creators to sell their work, as NFT's role is to turn digital artworks and other collectibles into one-of-a-kind so that they can be verified as authentic and easily traded via the blockchain.
The notion of blockchain itself is a digital storage method in which data is interconnected between one device and another. NFT cannot be duplicated or replaced, but you can only sell or buy it. After that, ownership assets can later be claimed from the digital tokens that you own. The way NFT works is basically like a general and ordinary transaction, but is carried out through an available digital platform or marketplace.
DappRadar said NFT sales reached the highest figure, namely US$10.7 billion or around in the third quarter of 2021. This value increased eight times compared to the previous quarter. Given this promising number of sales, Vidy and VidyX are also joining the NFT platform to expand their unique experience in handling traditional and crypto businesses. On one occasion, Matthew Lim stated that the NFT market is still in its infancy and there is still a long way to go, but it already has unique features that match the purpose of the original NFT design.
"For this new NFT platform, Vidy will lead the development of technology and blockchain, considering we have experience in handling traditional and crypto businesses. We are confident enough to say that we will create the best platform that will drive the NFT world by enabling seamless participation from the community fashion, art and traditional music," he added.
3. Launching Special Collaboration with Top Publishers
In an effort to ensure that Vidy and VidyX's performance on the NFT platform reaches the maximum stage, and maintains the title of the top crypto in the cryptocurrency industry, they also formed a special partnership with media publishers, a media company specializing in digital communications, as well as publishers Vogue, Esquire, Robb Report and Buro in Singapore. Back then in March 2021, this partnership was launched as a great project aimed at developing an NFT platform that caters to the fashion, arts and music industries.
"By creating the NFT platform as a virtual marketplace between creatives and users, it allows us to provide a unique platform that can be purchased combined with content for the community, in the form of education, interaction and entertainment," said President of Media Publishing.
The NFT platform of Vidy and VidyX's collaboration with media publishers will feature a navigable 360-degree virtual environment featuring digital fashion, art, music and design. The main features of the platform include printing, trading and auctioning of NFTs through a token system. It also offers social interaction capabilities that allow users to form connections through the platform.
Vidy is incorporating blockchain technology into its products in an effort to enable rewards to be decentralized seamlessly across its publishing partners. Today, Vidy technology is used by more than 70 leading and global media publishers. Some of them are CNN Indonesia, CNBC Indonesia, Vogue Singapore, Esquire Singapore, and more than 10 billion monthly inventory page views and more than 150 million monthly user exposure.
4. Vidy and VidyX Ecosystem Comes Smart
To prove its predicate as a top crypto and become one of the best in its field, Vidy and VidyX also have a smart ecosystem. Vidy and VidyX offer many things that make them special and different from other cryptocurrencies. Despite being a start-up company, they have introduced breakthroughs in building digital assets for internet users.
Vidy and VidyX are here and have succeeded in becoming a forum for internet users to make their activities automatically generate digital assets. Assets will be rewarded in the form of VidyX crypto assets and will be directly deposited into your digital wallet. For further information, VidyX was a super token which was launched back then in 2020 via gate.io on the TRON blockchain platform. Today, this outstanding token is considered to be the token economy that powers e-commerce issuers and consumers alike.
In the Vidy and VidyX ecosystem, users can place video ads into on-page keywords. In short, every time a user watches a video, they will get a reward. Later, users can access videos to enter the digital market to exchange VidyX for vouchers from several well-known brands, which can later be used for redemption at physical stores. This whole process significantly increases user engagement and conversion, and also leads online users to offline users, or offline users to online users.
Vidy and VidyX have big goals, because they want to decentralize the most profitable area of the global economy, namely digital advertising. With this, VidyX will revolutionize internet advertising by benefiting users of their ecosystem to generate crypto assets by watching videos. In addition, Vidy also brings other innovations, namely transparency in the Digital Advertising Industry. Vidy provides a Prioritized Cross-Shard Data Store that allows advertisers to audit all digital advertising performance on their network.
5. The Biggest Vidy and VidyX Community is in Indonesia
In the past few years, the number of cryptocurrency users or activists has experienced a large and significant increase in various parts of the world, including Indonesia. Many Indonesians are starting to get involved and actively participate in the crypto industry. Among these high numbers, Vidy and VidyX managed to get attention and attract the interest of users. So don't be surprised if Vidy and VidyX have succeeded in becoming the top crypto promising and even managed to get a large number of communities.
Vidy and VidyX always prove they deserve to be called one of the top most promising cryptocurrencies, as well as the best you can have. Because, not only do they have safe and trusted digital assets, but Vidy and VidyX are also surrounded by a loyal community so that they manage to continue to grow and innovate for the better.
One interesting fact about Vidy's community, the largest one actually comes from Indonesia. In short, the largest Vidy and VidyX community is in Indonesia. The scale of the community is the main reason why Vidy and VidyX have a fairly high market capitalization on the world's trading exchanges. This phenomenon can be seen as one of the fundamentals of the indicator to become the best crypto exchange.
In addition, the number of Vidy and VidyX Indonesia investors is also higher than other countries, and is predicted to continue to increase from year to year. This is in line with the statement issued by the Secretary General of the Indonesian Micro and Small Entrepreneurs Association (Hipmikindo) Jurika Fratiwi. According to him, Vidy and VidyX have a brilliant business model planning, and positive progress is especially for Vidy's performance itself.
This is said to be one of the main reasons why Indonesians and every internet user pays a lot of attention and trust to Vidy, because Vidy provides the best embedded video layers using smart and futuristic technology. Vidy embeds relevant in-text ads to allow users to open them comfortably without having to feel disturbed. This is definitely a completely different aspect of most of the advertising available in the industry.
"The brilliance of the Vidy Foundation's risk management is what makes it able to emerge as a top crypto," he added.
Furthermore, he also stated that the crypto token product of the Vidy Foundation can be considered as one of the best cryptocurrencies to invest in. Because, Vidy Foundation has shown an outstanding performance and proved that they provide low risk crypto investments with Vidy and VidyX. With this low-risk crypto investment, many newcomers who are curious to learn about cryptocurrencies and trading platforms, choose Vidy and VidyX as a smart start.
Promising Investment with Crypto
After knowing various interesting facts and advantages of Vidy and VidyX, then you don't need to hesitate anymore to start investing in crypto. This is because crypto investment is also a promising investment, and will provide profitable results so that it is suitable for the long term. As a digital currency that can be used for all forms of online transactions, cryptocurrencies also have a promising position in the investment industry.
In some countries, investing using digital currencies or cryptocurrencies has become more popular throughout the years. At least there are many types of currencies that are popularly used as investment instruments, such as gold and stocks, digital coins, crypto money, and so on. Among all these types of currencies, digital coins are one of the most popular cryptocurrencies to buy, especially with predictions that it will be positive and grow in the future. This prediction is certainly not without reason, but because digital coins come along with technological developments to make it easier for investments to be made anytime and anywhere.
Within the scope of the investment industry, cryptocurrencies are becoming popular because they offer complete transparency using verifiable technology to investors at the same time. As you already know, crypto actually has a fluctuating phase in the market, but long-term investments in crypto are still considered very profitable. It is even predicted that it will always grow and develop over time.
Apart from its lucrative advantages, cryptocurrency trading is also very flexible as it is available 24 hours a day, seven days a week. In short, any investor or trader is allowed to do business at any time. This feature is one of the main reasons why crypto is always becoming more and more popular among its investors. In addition, cryptocurrencies can serve as a good source of savings after retirement or become a very useful financial stock when needed in the event of a sudden economic downturn. This can simply be seen as proof that cryptocurrencies are reliable.
Based on the explanation above, it can be concluded that crypto has become a hot topic in the global financial system, including Indonesia. This phenomenon is caused by many aspects, for example, because it is easy to carry and has a large volatility in cryptocurrency exchange rates. Along the way, crypto managed to enter an important stage, and slowly but surely changed the global financial industry. Now that you've got a complete explanation of the crypto industry, as well as some interesting information about Vidy and VidyX as one of the top cryptocurrencies to buy, then it's time for you to invest in yourself to improve your trading skills.