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Author Topic: [ANN] BUZZEX Exchange. ✅FREE Coins ✅Trade Discounts ✅Profit-share ✅Dividends  (Read 41471 times)

Offline bitjudge

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Hi
Thanks for Confirmation of my input! Actually I'm an Early follower of BZX Project. Want to see success of the vision backed by the project as well.
I would love to learn about an update regarding the trade volume guess campaign, if available. Was tried to figure out by my own. But didn't found anything yet!

Thank you again!

The results of trade volume guess competition have not yet been announced officially.
But you can be sure that the announcement of this (like other Buzzex updates) will definitely be published in this thread.
As the Buzzex Global Ambassador, I promise that.  :)

And thank you for your interest in the project!
Feel free to ask any questions.

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Offline Eye4bd

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Hi
Thanks for Confirmation of my input! Actually I'm an Early follower of BZX Project. Want to see success of the vision backed by the project as well.
I would love to learn about an update regarding the trade volume guess campaign, if available. Was tried to figure out by my own. But didn't found anything yet!

Thank you again!

The results of trade volume guess competition have not yet been announced officially.
But you can be sure that the announcement of this (like other Buzzex updates) will definitely be published in this thread.
As the Buzzex Global Ambassador, I promise that.  :)

And thank you for your interest in the project!
Feel free to ask any questions.

Hi
That's cool. My initial thought completely matched
with your update regarding the trade volume campaign winner announcement. I'm very much curious to see how that contest has ended!
Once again thank you! And I have to tell nice
to meet you!

Cheers



Offline bitjudge

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Buzzex Update May 9 – Gradual, Steady Growth

A lot of things have been happening lately, mainly the big news of Binance getting hacked and losing 7000 BTC in the process has been a huge shock.

While they are cleaning up their mess, we have made some important decisions which are guaranteed to benefit Buzzex a lot.

In this update, You’ll learn more about that and some exciting things that have been integrated and are coming up soon, so here we go.

Global Order Book

Some members have been reporting bugs on the Buzzex Exchange, which we tried to resolve the best as we could.

We have to admit however that we made a mistake in overestimating the capabilities of crypto exchanges like Binance.

Our idea was to create a unique feature called the global order book, which would allow traders to trade from multiple crypto exchanges at the same time on just one order book.

The idea came from forex and stock trading venues that use smart order routing to provide this service to high volume traders.

The truth, however, is that even the biggest crypto exchanges don’t even come close to the infrastructure needed to build a setup like this.

99% of the issues we have faced are caused because of the integration of external orders on our own order book, and a weak external API that constantly causes problems.

So we have made the wise decision now to completely turn off the global order book feature and only focus on our own internal order book.

We will definitely consider rebuilding the global order book in the future though, but in a different form. More info will be provided about this later.

As a result, You’ll surely notice that trading will go much smoother from now on.

Withdrawals

With the global order book, we needed to have funds in an external exchange to allow instant trading from an external exchange on Buzzex.

Because of the issues in Binance at the moment, we need to wait for them to open up withdrawals again before they can get processed on Buzzex.

Gradually we will add more and more wallets to our own setup which will avoid things like this happening.

We thank you in advance for your patience on the matter.

Ethereum Setup

We are getting very close to finally being able to add hundreds of Ethereum Tokens to Buzzex.

This will also allow us for regular deposits and withdrawals for Ether and all ERC20 tokens.

An addition like this will allow us to not only add 100’s of ERC20 tokens but also allow us to invite their communities to trade on Buzzex.

Trading Competition

As mentioned in an earlier update, we have made some changes to the trading competitions on Buzzex, allowing traders to earn more Buzzex Coins while trading on Buzzex.

Every coin has a total of 7 competitions in between certain milestones based on trading volume of that coin.

Top 3 traders will be able to earn 20-40,000 BZX each, allowing them to earn passive income forever from dividends.

Want to get started?

Check out the amazing trading competition on Buzzex here: https://buzzex.io/en/project/listed

Already won a trading competition?

Now you can claim your earnings here: https://buzzex.io/en/rewards/trading-competition

Coin Partner Program

In addition to the trading competition for traders, we have also integrated a feature allowing us to assign coin partners.

Coin partners are the developers of coins who we’ll offer rewards in 2 ways:
  • Announcing that their coin is listed in several ways
  • When their followers start trading on Buzzex
Every time a milestone is reached, the coin partner will also earn BZX coins, which will obviously encourage them to promote Buzzex more!

If we add 100’s of tokens, 100’s of coin developers will start inviting their followers to start trading on Buzzex.

This has been our main marketing strategy which will soon commence.

Guess Contest And BZX Bonus

We want to assure that we are working on adding the earnings of winners of the guessing contest and the daily bonus rewards for pre-launch buyers to their account.

The company is staking BZX and all earnings are accumulating right now.

50% of those staking rewards will be added to pre-launch buyer’s accounts, the other 50% to people owning dividend shares.

All BZX will be added to your account at once when the setup is integrated and will be added daily from then on forever!

Conclusion

Turning off the global order book will be somewhat of a relief. As mentioned, the vast majority of issues sprung from this integration and our wrong belief that exchanges like Binance have a mature enough infrastructure to support a feature like this.

I think it became very clear that this is totally not the case, hence an important decision to benefit Buzzex needed to be made.

Our focus will be on the gradual, steady growth of Buzzex and its own internal order book. We are 100% convinced that we have built a very solid exchange with fast loading order books and a sleek design, allowing traders to get an enjoyable trading experience.

You can be the judge if you notice a difference when trading on Buzzex’ internal order book. :)

That’s it for now, have a great day!

The Buzzex Team

Source: https://blog.buzzex.io/buzzex-update-may-9-gradual-steady-growth/


Offline bitjudge

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Ethereum set up and ERC20 tokens listing

Ethereum set up which was to allow us add ERC20 tokens easily, is complete.
Adding ERC20 tokens and contacting their developers is under process now!

Here are some tokens and trading pairs that have already been added:

Custom Contract Network (CCN)
https://buzzex.io/en/exchange?base=BTC&target=CCN
https://buzzex.io/en/exchange?base=ETH&target=CCN
https://buzzex.io/en/exchange?base=USDT&target=CCN
Hydro (HYDRO)
https://buzzex.io/en/exchange?base=BTC&target=HYDRO
https://buzzex.io/en/exchange?base=ETH&target=HYDRO
https://buzzex.io/en/exchange?base=USDT&target=HYDRO
Havy (HAVY)
https://buzzex.io/en/exchange?base=BTC&target=Havy
https://buzzex.io/en/exchange?base=ETH&target=Havy
https://buzzex.io/en/exchange?base=USDT&target=Havy
SLT Token (SLT)
https://buzzex.io/en/exchange?base=BTC&target=SLT
https://buzzex.io/en/exchange?base=ETH&target=SLT
https://buzzex.io/en/exchange?base=USDT&target=SLT
BZ Token (BZ)
https://buzzex.io/en/exchange?base=BTC&target=BZ
https://buzzex.io/en/exchange?base=ETH&target=BZ
https://buzzex.io/en/exchange?base=USDT&target=BZ
Digitex Futures (DGTX)
https://buzzex.io/en/exchange?base=BTC&target=DGTX
https://buzzex.io/en/exchange?base=ETH&target=DGTX
https://buzzex.io/en/exchange?base=USDT&target=DGTX
Huobi Token (HT)
https://buzzex.io/en/exchange?base=BTC&target=HT
https://buzzex.io/en/exchange?base=ETH&target=HT
https://buzzex.io/en/exchange?base=USDT&target=HT
Ledgit (LDG)
https://buzzex.io/en/exchange?base=BTC&target=LDG
https://buzzex.io/en/exchange?base=ETH&target=LDG
https://buzzex.io/en/exchange?base=USDT&target=LDG
Kimex (KMX)
https://buzzex.io/en/exchange?base=BTC&target=KMX
https://buzzex.io/en/exchange?base=ETH&target=KMX
https://buzzex.io/en/exchange?base=USDT&target=KMX
Avinoc (AVINOC)
https://buzzex.io/en/exchange?base=BTC&target=AVINOC
https://buzzex.io/en/exchange?base=ETH&target=AVINOC
https://buzzex.io/en/exchange?base=USDT&target=AVINOC
TrueFlip (TFL)
https://buzzex.io/en/exchange?base=BTC&target=TFL
https://buzzex.io/en/exchange?base=ETH&target=TFL
https://buzzex.io/en/exchange?base=USDT&target=TFL
Presearch (PRE)
https://buzzex.io/en/exchange?base=BTC&target=PRE
https://buzzex.io/en/exchange?base=ETH&target=PRE
https://buzzex.io/en/exchange?base=USDT&target=PRE
GameFanz (GFN)
https://buzzex.io/en/exchange?base=BTC&target=GFN
https://buzzex.io/en/exchange?base=ETH&target=GFN
https://buzzex.io/en/exchange?base=USDT&target=GFN
Trex Token (TXT)
https://buzzex.io/en/exchange?base=BTC&target=TXT
https://buzzex.io/en/exchange?base=ETH&target=TXT
https://buzzex.io/en/exchange?base=USDT&target=TXT
Boldman Capital (BOLD)
https://buzzex.io/en/exchange?base=BTC&target=BOLD
https://buzzex.io/en/exchange?base=ETH&target=BOLD
https://buzzex.io/en/exchange?base=USDT&target=BOLD
ILove Token (ILOVE)
https://buzzex.io/en/exchange?base=BTC&target=ILOVE
https://buzzex.io/en/exchange?base=ETH&target=ILOVE
https://buzzex.io/en/exchange?base=USDT&target=ILOVE
Sirin (SRN)
https://buzzex.io/en/exchange?base=BTC&target=SRN
https://buzzex.io/en/exchange?base=ETH&target=SRN
https://buzzex.io/en/exchange?base=USDT&target=SRN
Dragon (DRGN)
https://buzzex.io/en/exchange?base=BTC&target=DRGN
https://buzzex.io/en/exchange?base=ETH&target=DRGN
https://buzzex.io/en/exchange?base=USDT&target=DRGN
Nexo (NEXO)
https://buzzex.io/en/exchange?base=BTC&target=NEXO
https://buzzex.io/en/exchange?base=ETH&target=NEXO
https://buzzex.io/en/exchange?base=USDT&target=NEXO
Xinfin Network (XDCE)
https://buzzex.io/en/exchange?base=BTC&target=XDCE
https://buzzex.io/en/exchange?base=ETH&target=XDCE
https://buzzex.io/en/exchange?base=USDT&target=XDCE
Kucoin Shares (KCS)
https://buzzex.io/en/exchange?base=BTC&target=KCS
https://buzzex.io/en/exchange?base=ETH&target=KCS
https://buzzex.io/en/exchange?base=USDT&target=KCS
Silent Notary (SNTR)
https://buzzex.io/en/exchange?base=BTC&target=SNTR
https://buzzex.io/en/exchange?base=ETH&target=SNTR
https://buzzex.io/en/exchange?base=USDT&target=SNTR
Refereum (RFR)
https://buzzex.io/en/exchange?base=BTC&target=RFR
https://buzzex.io/en/exchange?base=ETH&target=RFR
https://buzzex.io/en/exchange?base=USDT&target=RFR
Decentralized Currency Assets (DCA)
https://buzzex.io/en/exchange?base=BTC&target=DCA
https://buzzex.io/en/exchange?base=ETH&target=DCA
https://buzzex.io/en/exchange?base=USDT&target=DCA
Patientory (PTOY)
https://buzzex.io/en/exchange?base=BTC&target=PTOY
https://buzzex.io/en/exchange?base=ETH&target=PTOY
https://buzzex.io/en/exchange?base=USDT&target=PTOY
Qash (QASH)
https://buzzex.io/en/exchange?base=BTC&target=QASH
https://buzzex.io/en/exchange?base=ETH&target=QASH
https://buzzex.io/en/exchange?base=USDT&target=QASH
Salt (SALT)
https://buzzex.io/en/exchange?base=BTC&target=SALT
https://buzzex.io/en/exchange?base=ETH&target=SALT
https://buzzex.io/en/exchange?base=USDT&target=SALT
Dropil (DROP)
https://buzzex.io/en/exchange?base=BTC&target=DROP
https://buzzex.io/en/exchange?base=ETH&target=DROP
https://buzzex.io/en/exchange?base=USDT&target=DROP
Bitmart Tokens (BMX)
https://buzzex.io/en/exchange?base=BTC&target=BMX
https://buzzex.io/en/exchange?base=ETH&target=BMX
https://buzzex.io/en/exchange?base=USDT&target=BMX
Telcoin (TEL)
https://buzzex.io/en/exchange?base=BTC&target=TEL
https://buzzex.io/en/exchange?base=ETH&target=TEL
https://buzzex.io/en/exchange?base=USDT&target=TEL
Electrum Dark (ELD)
https://buzzex.io/en/exchange?base=BTC&target=ELD
https://buzzex.io/en/exchange?base=ETH&target=ELD
https://buzzex.io/en/exchange?base=USDT&target=ELD
Cappasity (CAPP)
https://buzzex.io/en/exchange?base=BTC&target=CAPP
https://buzzex.io/en/exchange?base=ETH&target=CAPP
https://buzzex.io/en/exchange?base=USDT&target=CAPP
Substratum (SUB)
https://buzzex.io/en/exchange?base=BTC&target=SUB
https://buzzex.io/en/exchange?base=ETH&target=SUB
https://buzzex.io/en/exchange?base=USDT&target=SUB
Veritaseum (VERI)
https://buzzex.io/en/exchange?base=BTC&target=VERI
https://buzzex.io/en/exchange?base=ETH&target=VERI
https://buzzex.io/en/exchange?base=USDT&target=VERI
Distributed Credit Chain (DCC)
https://buzzex.io/en/exchange?base=BTC&target=DCC
https://buzzex.io/en/exchange?base=ETH&target=DCC
https://buzzex.io/en/exchange?base=USDT&target=DCC
Latoken (LA)
https://buzzex.io/en/exchange?base=BTC&target=LA
https://buzzex.io/en/exchange?base=ETH&target=LA
https://buzzex.io/en/exchange?base=USDT&target=LA
Zethreum (ZETH)
https://buzzex.io/en/exchange?base=BTC&target=ZETH
https://buzzex.io/en/exchange?base=ETH&target=ZETH
https://buzzex.io/en/exchange?base=USDT&target=ZETH
Orium (ORM)
https://buzzex.io/en/exchange?base=BTC&target=ORM
https://buzzex.io/en/exchange?base=ETH&target=ORM
https://buzzex.io/en/exchange?base=USDT&target=ORM
CryptoSoul (SOUL)
https://buzzex.io/en/exchange?base=BTC&target=SOUL
https://buzzex.io/en/exchange?base=ETH&target=SOUL
https://buzzex.io/en/exchange?base=USDT&target=SOUL
Noah Coin (NOAH)
https://buzzex.io/en/exchange?base=BTC&target=NOAH
https://buzzex.io/en/exchange?base=ETH&target=NOAH
https://buzzex.io/en/exchange?base=USDT&target=NOAH
Cortex (CTXC)
https://buzzex.io/en/exchange?base=BTC&target=CTXC
https://buzzex.io/en/exchange?base=ETH&target=CTXC
https://buzzex.io/en/exchange?base=USDT&target=CTXC
Centrality Token (CENNZ)
https://buzzex.io/en/exchange?base=BTC&target=CENNZ
https://buzzex.io/en/exchange?base=ETH&target=CENNZ
https://buzzex.io/en/exchange?base=USDT&target=CENNZ
Fusion (FSN)
https://buzzex.io/en/exchange?base=BTC&target=FSN
https://buzzex.io/en/exchange?base=ETH&target=FSN
https://buzzex.io/en/exchange?base=USDT&target=FSN
The Abyss (ABYSS)
https://buzzex.io/en/exchange?base=BTC&target=ABYSS
https://buzzex.io/en/exchange?base=ETH&target=ABYSS
https://buzzex.io/en/exchange?base=USDT&target=ABYSS
Content Neutrality Network (CNN)
https://buzzex.io/en/exchange?base=BTC&target=CNN
https://buzzex.io/en/exchange?base=ETH&target=CNN
https://buzzex.io/en/exchange?base=USDT&target=CNN

Offline bitjudge

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Update on adding ERC20 tokens and dividend distribution

Today we have another update for the Buzzex community with some interesting news. We have been doing a lot of work the recent weeks, so without further ado, let’s get to it.

Addition of ERC20 Tokens

We have been adding a large number of tokens which have been getting a lot of votes during our pre-launch. Here is an overview:

CCNCustom Contract Network
HYDROHydro
HAVYHavy
SLTSLT Token
BZBZ Token
DGTXDigitex Futures
HTHuobi Token
LDGLedgit
KMXKimex
AVINOCAvinoc
TFLTrueFlip
PREPresearch
GFNGameFanz
TXTTrex Token
BOLDBoldman Capital
ILOVEILove Token
SRNSirin
DRGNDragon
NEXONexo
XDCEXinfin Network
KCSKucoin Shares
SNTRSilent Notary
RFRRefereum
DCADecentralized Currency Assets
PTOYPatientory
QASHQash
SALTSalt
DROPDropil
BMXBitmart Tokens
TELTelcoin
ELDElectrum Dark
CAPPCappasity
SUBSubstratum
VERIVeritaseum
DCCDistributed Credit Chain
LALatoken
ZETHZethreum
ORMOrium
SOULCryptoSoul
METMetronome
NOAHNoah Coin
CTXCCortex
CENNZCentrality Token
FSNFusion
ABYSSThe Abyss
CNNContent Neutrality Network
SPDSpindle
MACMatrexcoin
BANCABanca
B2BB2BX
LIKELikeCoin
FTXTFuturax
SURSuretly
LBACred
TIMEChronobank
CRPTCrypterium

We will be adding a lot more tokens in the future as well and update the community when new tokens are being listed.

Ethereum Setup Upgrade

Some members have reported issues with the Ethereum setup, mainly deposits and withdrawals.

We are still working on an upgrade of our setup to improve the way deposits and withdrawals are being detected, without the need for third-party applications which have limited functionality.

Once this is completed, everything will work flawless, and our devs are working overtime to integrate this asap!

If you experience a problem, please report it in our help desk and we’ll sort it out.

BZX Distribution

As Buzzex Coins are staking in our main wallet, a lot of coins will be distributed to members holding more than 20K BZX in their Buzzex wallet, as well as BZX Coins for pre-launch buyers.

The first distribution will run May 30 this week.

Distribution Of Dividend Earning Tokens

As mentioned in our whitepaper, we will also start the distribution of tokens that earn daily dividends from our partner site ADZBuzz.

We will complete the swap of ADZcoin and ACT’s on our partner site this week and will provide further details as to how people holding more than 20K BZX will be able to earn more daily tokens as well.

This will seriously increase the intrinsic value of BZX coins, as dividend eligible members will be able to earn a 100% deflationary token every single day for holding BZX Coins on Buzzex!

Conclusion

We want to take the opportunity to ensure the community that we have no intention to give up.

Projects that have raised Millions of Dollars are shutting doors (for instance Blockport which raised $15 Million in their ICO), and even though that doesn’t look good for investors, we have no intention to go the same route.

Our aim is to keep on working hard to make Buzzex a success, in combination with our partner site ADZbuzz, regardless of claims being made.

That’s it for now, have a great day!

The Buzzex Team

Source: https://blog.buzzex.io/buzzex-update-may-27/

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Lifelong Bonus For VMT Buyers During IEO!

The Buzzex IEO for its partner project the Viral Media Network, which you can join here, will offer an amazing bonus for buyers.

Apart from earning daily passive income from the profit share, as you can read on the IEO info post, You’ll also be able to increase your daily earnings when buying VMT Tokens in our Buzzex IEO!

If you haven’t read the overview of the first asset of the viral media network, please read it here.

Here is an overview of the lifelong bonus for IEO buyers:

Referral Program

First of all, VMT Tokens will have a referral program attached to them. Here’s how that will work:
  • 10% of the daily profit share is used for the referral program
  • If your referrals hold VMT Tokens on Buzzex, You’ll earn from the daily profit share as well
  • The 10% is evenly divided amongst referrers, based on how many VMT Tokens your referrals hold
The referral program is not only an amazing way to earn more passive income, but it’s also an interesting way to encourage people to stack VMT Tokens to enjoy increasing daily rewards.

IEO Buyers Rewards

There are many members on Buzzex that don’t have a referrer. As an amazing bonus, we’ll evenly share the referral rewards of members holding VMT Tokens who don’t have a referrer with people buying VMT Tokens during the IEO!

This bonus will be evenly divided based on how many tokens you bought during the IEO.

IMPORTANT: This is a lifelong bonus! You don’t need to hold any VMT’s to receive it, so it can become a 100% extra passive income stream.

So do you want to add a double passive income stream to your bottom line? A passive income stream without any strings attached to it forever?

Simply buy VMT Tokens during the IEO here!

Good luck,

The Buzzex Team

Source: https://blog.buzzex.io/lifelong-bonus-for-vmt-buyers-during-ieo/

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Offline bitjudge

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Buzzex IEO – Viral Media Token – Earn Passive Income For Life

Buzzex introduces its IEO for its partner project, the Viral Media Network. The goal is to create a network of mainstream viral sites and reward token holders with part of the profits from ad revenue, while at the same time lowering the total supply to boost the token’s value.

We are happy to announce that the VMT IEO is now underway, and you can acquire tokens through our IEO page Here.

How Does VMT Work?

The viral media network will build mainstream websites in niches that people are passionate about. The first niche will be an exciting viral site for the 4 billion football fans worldwide.

>>> Read A Detailed Overview Of The First VMT Asset Here

Important: This site will be up and running before the upcoming football season!

The site will be monetized with regular ads, and part of the profit will be used to buy VMT’s on the Buzzex Exchange.
  • 50% of bought tokens are distributed to VMT holders in a daily profit share (based on how many tokens you hold)
  • 50% of bought tokens are used to burn tokens from the total supply
This means that VMT holders will not only earn daily passive income if they hold the token, but also that the total supply of VMT’s will constantly lower every single day.

How Much Do Viral Sites Earn?

Because we are building mainstream websites with a highly targeted and engaged audience, the sites will be extremely interesting for advertisers.

We aim to earn a net profit of $1 per 1000 page views, even though this can vary based on many metrics.

Similar sites earn this kind of revenue, so this is a very realistic target:



Our aim with our first site, the football site targeting the 4 billion football fans worldwide, is to get millions of page views daily, which would multiply the net earnings seen above multiple times.

As mentioned, these net profits will then be used to buy and burn VMT Tokens on a daily basis, and both reward the VMT holders and burn the tokens from the total supply.

What Are The Token Specs?
  • Total Supply: 84,000,000
  • Platform: Ethereum
  • ERC20 Contract: 0x822de209e86d8699e085227c7aaa9468e8e925ae
  • Unique Feature: Buy and Burn Program
  • Benefit 1: Earn Daily Passive Income For Holding VMT’s
  • Benefit 2: Earn more and more passive income in a deflationary token
What Is The Token Allocation?
  • 64.6 Million Initial Investors
  • 10.4 Million Bounty campaigns (spread over 10 years)
  • 5 Million IEO
  • 4 Million BZX Holders (spread over 10 years, shared once a week)
  • 000000000000000000000000
IMPORTANT: VMT Tokens will also be earned by all dividend eligible Buzzex members. If you hold 20K or more BZX coins on Buzzex, you’ll also start earning VMT’s the moment the profit share starts, this over the course of 10 years!

Why An IEO?

Our IEO will have a huge benefit for VMT holders, BZX holders and VMT buyers.

From our rich experience in building and monetizing websites, we know that it takes a while before ad networks pay the maximum cpm rate because there is an optimization period.

This in combination with the fact that most reputable ad networks pay on a net 30 basis (meaning earnings of August would be paid in October), makes it necessary to use part of IEO sales to start the buyback and burn program the moment our first viral site launches (which will be at the start of the upcoming football season).

Aother important reason is that it will boost the viral effect as we’ll be able to launch a bounty campaign that allows bounty hunters to earn passive income for life for helping to grow the viral site, right from the beginning.

How Will The Daily Profit Share Work?

The daily profit share will be integrated straight into the Buzzex Platform. You’ll simply need to hold VMT tokens in your Buzzex Wallet, and that will determine how much you’ll earn every day.

The more VMT tokens you hold, the more you’ll earn, it’s that simple.

All earnings will be paid using the bought VMT’s coming from ad revenue of sites in our viral network. This means we’ll exchange fiat currencies for crypto and then buy VMT’s at market rates on Buzzex. This means a constant flow of fiat currencies to VMT tokens will be enabled, which will both be used to reward VMT holders and burn VMT tokens from the total supply.

IMPORTANT: There is also a 10% referral bonus! This means that if your Buzzex referrals hold VMT’s, you’ll earn 10% of what they earn in the daily profit share.

What Is The Long Term Plan Of The Viral Media Network?

We have a 10-year plan to gradually increase the number of assets in our network, and gradually grow the amount of ad revenue we’ll use for the profit share and burn program.

Here’s an overview:

Launch a New Viral website once a year

This year we’ll launch the first viral site targeting the 4 billion football fans worldwide. Our goal is to replicate this concept and create one extra viral site every year for the next 10 years. It takes at least 1 year for a website to reach its full potential and we’ll fully focus on one asset at a time. When the site has reached its full potential we’ll focus on adding more assets.

Use 1 Million VMT’s to make assets go viral

Every year, when a new asset is ready to be launched, we’ll use 1 Million VMT’s to create the initial surge of traffic needed to make the site go viral. This will be through a bounty campaign that will last about 3-6 months in which we’ll reward people that will help to build the initial user-base of the site.

Build websites to maximize the viral effect and retention rate

If you have read the overview of the football site, then you know that we have an extremely creative team. We don’t need to reinvent the wheel once a year, we just need to find a unique angle to keep users engaged so they keep coming back.

With this unique angle in place, both the viral nature of the sites and the retention rates will be extremely high, allowing us to scale the Viral Media Network exponentially year after year, which will result in more tokens being bought, shared in the daily profit share and burned.

When Will VMT Tokens Be Tradable?

The moment the first asset of the Viral Media Network launches, the VMT token markets will open up on the Buzzex Exchange.

This will also be the exact moment the IEO ends and the buyback, profit share, and burn program start.

Will VMT’s Be A Base Currency On Buzzex?

Yes! The Viral Media Network Is The Partner Project of Buzzex so we’ll make VMT’s a base currency on Buzzex together with BTC, ETH and USDT.

The huge benfit is that this will ensure more traders learn about the Viral Media Network.

Our goal is to make VMT’s the ultimate store of value for traders, as it both has a deflationary aspect since tokens will be burned on a daily basis and an opportunity to earn for simply holding the Tokens on Buzzex.

Why Should I Buy Viral Media Tokens?

Passive Income in a deflationary token.

The answer is quite simple, if you buy and hold VMT tokens, you’ll start earning the moment our first asset is launched. The amount of VMT’s bought from the market using Dollars from ad revenue will gradually rise, and the total supply of the tokens will gradually lower.

PLUS, 40% of profits from trading fees on Buzzex will also be used to buy VMT’s for the daily profit share and token burn!

VMT tokens will be a nice asset to hold in your portfolio for these reasons.

Finally, there is an additional bonus for VMT buyers during the pre-launch, this to increase your passive income. Please refer to this post to understand how.

Ready to start earning passive income the moment the upcoming football season starts?

Then get your hands on VMT Tokens today!

Source: https://blog.buzzex.io/buzzex-ieo-viral-media-token-earn-passive-income-for-life/

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Viral Media Network – Asset 1: Football Fan Website

The Viral Media Network, a partner project of the Buzzex Exchange, introduces its first asset, a viral football website targeting the 4 billion football fans worldwide.

The net profits of this asset earned from ad revenue will be used for the VMT Token daily profit share and buyback and burn program. In this post, you’ll learn exactly how the site will work.

Introduction

The Viral Media Network aims to build mainstream websites in niches that people are passionate about. There are very few people in the world that are more passionate about something than football fans for their club.

Better yet, there are thousands of clubs worldwide and billions of football fans supporting them.

Football fans also spend a lot of money on merchandise, tickets, travel, tifos etc. Except for the instant gratification during the games, there is no additional place where football fans can hang out.

That’s why we have come up with the idea to create a site dedicated to football fans where they can compete amongst each other, and prove they have better fans than their opponents.

Here’s how it’ll work:

Video Sharing Website

There are thousands of videos posted on sites like Youtube from people filming the fans of the club from the stands. What we’ll do is create a site similar to Youtube where every team has its own channel and where fans can share videos of their club’s fans.

The script of the site is already completed with function to share videos in a few clicks:



Create Competition For Fans

We’ll turn this video sharing site into a competition where fans can compete against other teams based on real life games.

So there will be a section similar to as you can see on Livescore.com, with upcoming games, past games and ranking tables to rank teams based on how popular the team’s fans are.

So what it comes down to is that we’ll create an alternative competitions for fans, based on real games of the clubs in their respective leagues.

In between every real game, the teams will earn points based on metrics from the video sharing site. These metrics will be:
  • Amount of subscribers to the team’s channel
  • Amount of video views
  • Amount of likes
  • Amount of comments
  • Amount of favorited videos
Our algorithm will determine based on these metrics which team won the match. When the match is done, points are awarded and added to a ranking table just as you can see on Livescore:



So what it comes down to is that football fans will have their own league with their own ranking table.

Pretty cool stuff. :)

Library For Fans

On top of the exciting fan competition, the huge benefits for football fans is that they’ll be able to relive moments of their favorite teams easily.

Every channel will have playlists of games, so fans can easily navigate to specific games and watch videos.

On a huge site like Youtube, this is virtually impossible as all vides are scattered around. Our site will solve this problem and create a place where fans can relive amazing moments in their club’s very own channel.

What Ajax fan wouldn’t want to rewatch a video of their historical 1-4 win in Madrid:



Or what Tottenham fan wouldn’t want to relive the moment of the dramatic last second goal that put them in this year’s Champions Leagues’s final:



Fans will watch these videos for years to come, and while doing so, they will be able to help their team win the current games in the fan competition.

Marketing

The marketing strategy will consist of 3 main components, which will all work together to create a massive site that will attract a large number of daily users.

A large and targeted user-base obviously makes the site also attractive for advertisers, which in return will increase the ad revenue the site generates, which again in return will allow us to buy more and more VMT Tokens from the market.

Here’s an overview of the 3 pillars of our marketing strategy:

Bounty Campaign

From the 84 million total supply of VMT Tokens, 10 Million will be reserved for bounty campaigns, spread over the course of 10 years.

Our goal is to create a new viral asset every year, so 1 Million VMT Tokens will be reserved for a bounty campaign to quickly grow the initial user-base.

Amongst crypto enthusiasts, a large amount of people will be fans of a team that has a channel on our football site, so this in combination with the fact that bounty hunters will be able to either trade VMT Tokens or hold them to earn daily passive income will ensure we can attract a lot of people to promote the site.

Viral Effect

The competition for fans is set up in such a way that it increases the chances for the teams to win games if they share videos with fellow fans.

This will ensure that after the initial flow of users from the bounty campaign, a viral effect will happen that will grow the user-base exponentially.

High Retention Rate

The main reason the retention rate will be high is the fact that football fans are very proud of their club, and will not want their team to have worse fans than their rivals.

At the same time, fans will want to see videos of the previous games shared by other fans. So there’s a dual element as to why the retention rate will be high.

Analysys Of Similar Sites

In order to make a chance of creating a viral asset, you need to create something unique, plus target a passionate audience.

As you have read so far, that’s definitely the case with our football site.

Football Competition On News Site

A very limited alternative is a football fan competition on a Belgian football site, which allows visitors to become a fan of their team to grow the team in the ranking table:



Belgium is a very small country compared to other countries, and football teams don’t nearly have as many fans as in the bigger competitions.

Yet if you check this table, over 50,000 people became a fan of their club on this site, which shows the potential of the competition element.

Local Funny Video Website

A site where people can share funny videos in the Netherlands is called Dumpert. According to our research, it has a very loyal base of 8 million monthly users and over 151 Million monthly video views.

As a result, this site makes a total revenue of over 6 Million Euro every year, which shows the potential in terms of monetization.

Considering that the Netherlands only has a population of just over 17 million, and we are targeting a worldwide audience of over 4 billion football fans, it shows the potential of generating profits for the VMT buyback and profit share + Token burn program.

Global Viral Site

One of the most popular user-generated viral content sites on the planet is called 9gag.com.

The cool thing about 9gag is that it started as a hobby site that turned into a worldwide phenomenon with well over 200 Million monthly users right now.

This shows the potential of viral sites to grow a massive user-base over time, if the viral effect and high retention rate pillars are in place.

Conclusion

The first asset of the Viral Media Network has huge potential, we believe that is clear.

The video script we’ll use for this site is already in place, and small customizations to integrate the ranking tables to create the football fan competition are underway.

The good news is now that the current football season has ended in most countries, and we have time to prepare the site to get ready for the upcoming season. This way, the fan competition can start from round 1 of the real competition as well.

For now, we invite you to join the IEO of VMT tokens so you can both benefit from earning a passive income for life, but increase that passive income by taking advantage of the amazing bonus for IEO buyers as well!

That’s all for now, have a great day!

The Buzzex Team

Source: https://blog.buzzex.io/viral-media-network-asset-1-football-fan-website/

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Viral Media Network Update June 13

Today we have another update regarding our partner project, the Viral Media Network, for which we are running an IEO. If you want more info related to the project, please refer to these articles:
IMPORTANT: Tomorrow the price per token will increase with 100 satoshis, so make sure to get in at the lowest price to claim your lifelong bonus!
The lifelong bonus is a unique opportunity to add an extra income stream to your bottom line on the Buzzex Platform. How many tokens you bought during the IEO will determine how much passive income you’ll earn.

Viral Football Site Recap

The first asset of the viral media network is a football site targeting the 4 billion football fans worldwide. Ad revenue from various ad networks will be used to buy Viral Media Tokens, share 50% of those with VMT holders based on how many tokens they hold on Buzzex, and burn the other 50% to make VMT a deflationary token.

The idea is simple: Use metrics of videos shared of the club’s fans to create an alternative competition based on real-life matches being played.

If you understand football culture, you already know that they are very proud of their club. They buy merchandise, they create tifos, they travel for hours to watch their favorite club play and most importantly, they want to prove that they have better fans than their opponents.

An alternative competition like this is 100% unique and will add to the excitement of real games for football fans.

Current Development

At the moment we are adding all competitions of dozens of countries all around the world to the site. We are also making a list of all teams that will be added to the competitions.

All in all, we will add 100+ leagues to the site with 1000+ clubs competing in the alternative fan competition.

All these clubs have thousands of loyal supporters who will be excited about watching videos and compete to prove their club has the best fans by sharing and commenting on fan videos.

Viral Football Site MVP

At the same time, we are working on the first tweak to the script. This involves the ability to add custom channels.

What this means is that instead of having their own channel as for instance on Youtube, we will add pre-defined channels to the site. Every football team that is listed will have a channel where there fans can share videos to.

IMPORTANT: When the channels are added and some videos are shared in each channel, we will make the site public already!

Here you can already see a preview of the video page:



This will still be remodeled a bit but you can see a glimpse of what it’ll look like.

Final Development Phase

The final development will be the integration of the alternative competition. We will add all games that will be played in the upcoming season so that fans can compete with other fans based on real games being played.

To create this competition, we will use metrics which are already integrated into the script, such as amount of video views, upvotes, subscribers, comments etc.

This means that creating the competition will be a matter of creating ranking tables and awarding points to teams based on these metrics in a certain period of time, namely in between real games.

The key will be to keep things simple and create the same vibe as any other live score site such as Livescore.com or Flashscore.com, something football fans are already used to.

Conclusion

Even though we can’t show our MVP yet, the groundwork in terms of development and setting up the site by adding thousands of teams to it is in full swing.

1000+ teams will be added in dozens of countries worldwide, making this a real global site that has the potential to attract millions of football fans.

The business model is also very simple, as the site will be monetized with ads from various ad networks. As soon as our MVP is live, we will start testing networks that will pay the highest CPM rate.

Our audience will be very targeted as well. Just think of how much sponsors pay to have their ads shown to the billions of football fans worldwide and you’ll understand that the site will be extremely interesting for advertisers.

All of this will benefit VMT holders on Buzzex.

So what are you waiting for?

Get some VMT Tokens right now and take advantage of the lowest price during our IEO, and grab a chance to become part of the lucky buyers that will earn an additional passive income stream on the Buzzex platform!

Source: https://blog.buzzex.io/viral-media-network-update-june-13/

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Buzzex Update July 3, 2019

Today we have another update with an overview of things we are doing for the Buzzex project, and what will happen the upcoming weeks and months.

We are doing a massive amount of work in the backend so we can get the football site of the Viral Media Network up and running before the upcoming football season.

In this post, you’ll also get more details on how this partner project will benefit the Buzzex project and BZX holders.

So let’s get to it!

Timeline Overview

Let’s get straight to it and update you on what we are currently doing and what we’ll be doing the upcoming weeks.

Football Site Ground Work

The last weeks we’ve been working overtime to finish the groundwork of the first asset in the Viral Media Network, the viral football site.

This includes:
  • Adding 1950+ Football clubs to the site
  • Add logos in all Football club’s channels
  • Add content (videos) in all channels
The first two items are completed and there are now 1950+ football clubs from all over the world listed. Adding videos is now in progress and will be completed in a few weeks from now.

Football Site Development

The development of the football site is minimal and consists out of 3 phases:
  • Small tweaks to the core script
  • Integration of Football Fan Competition
  • Optimizations
The first item is completed and allowed us to add pre-defined channels of all football teams, which is already completed as well. This item also included choosing your favorite team so you can share videos directly into the channel. This is unlike Youtube where every user shares videos into its own channel.

Here you can see a preview of a channel:



The next item will give the channels a whole new perspective.

This item is ongoing and will be completed during the second week of July. We’ll use a football API to pull in all teams and fixtures so our in-house competitions are synched with real games of all Football clubs, and linked to the channels which are already added. All leagues will also have its own ranking tables so fans will have their own competition.

The last item is optimizing the site for better user experience. We’ll keep this basic as well and simply optimize the script using all its elements.

So in short, we are right on schedule to launch the Football site right before the upcoming season in most major competitions.

VMT Token Trading

The moment the site goes live, we will add VMT tokens to the Buzzex exchange and make it a base currency. This means VMT’s will trade for every coin and token already listed on the exchange.

The goal is to use these base markets to grow the overall volume on the Buzzex Exchange.

VMT Buyback And Profit Share / Burn Program

Once the site is launched and the bounty program to promote it has started, we will integrate the profit share setup into the Buzzex platform.

The moment this is completed, the buyback and profit share and burn program will start. More details related to this will be shared the moment we start integrating the setup, which shouldn’t take too long as we already have this to share BZX staking rewards and trading fees.

VMT Tokens

So why would people buy VMT Tokens?

VMT’s have the three most important aspects needed to make a cryptocurrency grow in value:

It Pays Daily Dividends

By simply holding VMT Tokens on the Buzzex exchange, you’ll earn more tokens every day. Smart investors always have dividends paying tokens in their portfolio.

The number of tokens you hold on Buzzex will determine how many VMT’s you earn every day, so it’s an interesting token to buy and hold if you want to enjoy higher passive income.

It Is Highly Deflationary

The supply is not only fixed just like most cryptocurrencies, but it is also deflationary. This means that the supply constantly lowers as well.

Deflationary cryptocurrencies are very interesting due to the fact it increases the perceived value of every token in circulation.

It Gets Demand From A Mainstream Source

The reason most cryptocurrency projects fail is that they are unable to convince mainstream people to use them. Why would you first buy a cryptocurrency to then use them if a better alternative already exists?

VMT Tokens will get constant demand from earnings of a mainstream site in the form of ad revenue. This guarantees there will be a constant demand without having to explain a concept that a mainstream audience isn’t even remotely interested in.

Buzzex IEO And Trading Bonus

We want to give a reminder that the Buzzex IEO is ongoing, but will end the moment our Football site launches later this month.

If you want to add another passive income stream to your portfolio from the lifelong bonus for IEO buyers, then make sure to acquire some VMT’s during the IEO.

The number of tokens you purchased during the IEO will determine the percentage of the bonus you’ll earn every day, forever!

>>> BUY VMT’s NOW – Price Of Tokens Increases In Around 1 Day!

Secondly, the trading competition on Buzzex is also still ongoing, and we want to remind you that people holding 20K BZX or more will earn daily VMT’s as well from the 4 million we reserved for BZX holders.

That’s yet another reason to ensure you have as many BZX coins in your Buzzex wallet as you can to increase your daily earnings, not only from trading fee dividends and staking rewards, but also from this VMT Bonus for BZX holders.

>>> Join Any Coin’s Trading Competition Here

Conclusion

Our research has shown that the average number of subscribers Youtube channels of Football teams have is over 10,000, and most teams have multiple. If we can attract 10% of that we’ll have nearly 2 Million users on our viral Football site who will watch videos and share them on social media to support their team.

The second important element is the fact that Football fans are an extremely interesting audience for advertisers. They are mostly buyers (merchandise, tickets, travel, etc.) and very targeted.

Just think of how much money goes around in the football world and you should defintely understand. :)

This simply means that the demand for VMT’s will constantly grow as more and more football fans join and the supply will constantly lower. This in return will allow the site to generate more profits which will be used to buy VMT’s on Buzzex, and this will result in daily volume growth over time on the Buzzex Exchange.

So this is the summary of where we currently stand and the amount of hard work that is going on in the backend, how both projects will work together and how every BZX and VMT holder will benefit from them.

That’s it for now, see you in the next update!

The Buzzex Team

Source: https://blog.buzzex.io/buzzex-update-july-3-2019/

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Buzzex Update July 24, 2019

As we have reached some more deadlines in our project, we are happy to post a new update with details about what’s going on.

In the previous update, we explained that we are focusing on setting up the football website, which is the first asset in the Viral Media Network. This will allow us to:
  • Add VMT as a base currency on Buzzex
  • Earn ad revenue
  • Buy VMT’s from the market
  • Distribute 50% of profits to VMT holders
  • Burn 50% of profits from the total supply
We also explained that VMT’s will become a crucial element of the Buzzex project as it will allow us to grow the volume, which in return will benefit BZX Coin holders as well.

Buzzex Withdrawals And Deposits

Let’s first start with mentioning that we need to do a script upgrade on our deposit and withdrawal setup for Ethereum. Some delays have been caused by this.

We can assure you that all your coins and tokens are safe and everything is monitored manually at the moment.

As soon as the current items of the football site are completed, the upgrade will be done and automation will resume as normal.

VMT Info Site

We have completed an information site for the Viral Media Token. Here you can find that.

As some members have pointed out, we’ll still add an SSL certificate so the site will redirect to https.

The site contains all info needed to get a good view on how VMT’s will gain value, and how our side project will help Buzzex and our entire project as well.

On the info site, you can also find the VMT logo:





Viral Football Site

As we are mainly working on getting the first asset in the Viral Media Network ready, namely the viral football site, most of today’s update will be regarding this.

The goal is to monetize this site with regular ads and use those advertising Dollars to buy VMT’s from the market. 50% of the bought VMT’s will be distributed to people holding VMT’s on Buzzex, the other 50% will be burned from the total supply.

So VMT will be a hyper deflationary cryptocurrency, that at the same time rewards people for holding them. We believe this is the perfect setup to create a very valuable asset as it contains the two elements needed to achieve that:
  • A constantly lowering supply
  • Daily rewards for holding the token
At the same time, VMT’s will be an interesting token for daytraders as well as it can become a safe haven token against more volatile crypto assets.

It’s crucial that we create a very interesting site that will be visited by millions of users. In case you missed the previous updates, let’s recap what the football site is about.

Football Site Overview

We are building a site that targets the 4 billion football fans worldwide. The site will be a combination of a regular live score site, with a built-in competition for football fans.

Fans will be able to vote on who has the best fans, and these metrics will be used to determine which team has the best fans. An alternative ranking table will be included so fans can not only see which team ranks on top in the regular competition but also in the fan competition.

To understand football culture and why the passion fans have for their club will be the driving force behind the site, please watch this video:



Every football team will have its own channel with fan videos, and the video with the most views currently will be used for the upcoming game.

Football API

We are using a football API on the site which pulls in all the real games being played by the teams in every competition, so the fan competition will run parallel with the real league’s games.

This gives the site an extra edge, and will also allow us to add real scores and real tables of all leagues all around the world as well.

Business Model

Our focus is on two crucial aspects needed to create a popular site:
  • It’s viral in nature – Fans will share the upcoming games with other fans so they can vote for their team.
  • Retention rate – Because of the competition element and an additional feature called the “Ultra-Score” of every member (which will give them higher voting power), the retention rate of the site will be high.
There is no monetary aspect to the site and football fans will use it because they like to use it. The site will be monetized as any major online business with regular advertisements.

IMPORTANT: Football fans are a very interesting target audience for advertisers. Just think about how much money goes around in football, and that a huge amount of the team’s budget comes from sponsorship deals. Football fans buy merchandise, pay for tickets, travel, tifo material, consumption etc.

The majority of the ad profits will be used to buy VMT’s from the market, distribute 50% of those to VMT holders on Buzzex and burn the other 50% permanently from the total supply.

Football Site Development

As the upcoming football season is approaching, we are happy to announce that we are making good progress with development and the setup.

We have already integrated the football API, created the voting mechanism for the competition and created the final layout of the site with tabs for easy navigation.

Over 1000 teams already have videos in their channel, ready for the competition to start.

Our opinion is that the simpler the site is, the better. So it will be very easy to understand and navigate the site, which in return will allow us to optimize the ad positions to generate more profits over time.

Football Site Launch

We decided to launch the football site in 3 phases:
  • Development Phase – The football site remains in closed beta until all features are completed. This phase is ongoing and about to end. This week another number of features will be integrated.
  • Testing Phase – Everybody that actively wants to help the project during the bounty campaign will be given access to the private beta site for final testing.
  • Launch – When testing is completed it will be made public, the bounty campaign will be launched and football fans will be invited to the site.
This site is much less complicated than building a cryptocurrency exchange from scratch, but a testing phase will still be implemented to ensure everything works properly.

Viral Media Token Trading

VMT’s will become a base currency on the Buzzex exchange. This means it will be possible to exchange any coin currently trading on Buzzex for VMT’s.

The moment the testing phase starts and active members will be invited to the private beta site, we will include VMT markets on Buzzex.

IMPORTANT: The Buzzex IEO for VMT’s will end in about 10 days from now, and the price will increase again today. This will be the last chance to acquire VMT’s during our IEO and take advantage of the amazing bonus being offered to buyers!

Conclusion

We are one step away from inviting users to test our football site. This means we are one step away to announce our new project, the viral media token, on various outlets.

We are convinced that we are building something truly amazing here, both for football fans all around the world and for crypto enthusiasts who understand the potential of the setup with VMT.

A hyper deflationary token that rewards holders every day is always an interesting asset to have in your portfolio.

It’s up to our dedicated team now to complete the final items on our list, so our project can enter the growth phase it deserves.

That’s it for now, see you in the next update!

The Buzzex Team

Source: https://blog.buzzex.io/update-july-24/

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Buzzex Update August 2, 2019

Today we have another update which will provide some more details related to the Viral media Network project, the partner project of Buzzex.

We want to start however with a reminder of our Buzzex IEO for VMT Tokens which is about to end soon.

And more importantly, the chance to take advantage of the huge bonus that only buyers during the IEO will get.

>>> Read All About the Lifelong Bonus Here

So if you don’t want to miss out, make sure to acquire some VMT’s today!

>>> Get VMT Tokens Here

Important note: The IEO will end August 6 and the opportunity to get a share in the lifelong bonus will end permanently at that time. The price won’t increase anymore as well until the IEO ends.

Opening Of VMT Markets

As the IEO ends, trading markets on Buzzex for VMT Tokens will open. As mentioned in earlier updates, VMT will become a base currency on the Buzzex exchange.

This means that it will be possible to trade VMT’s for any coin or token trading on the Buzzex exchange.

So the moment the IEO ends, which is at 16:00 UTC on August 6, VMT markets will be added.

Start Trading Of VMT On Livecoin

A few people have done the swap to get VMT’s in Buzzex who stored ADZ in Livecoin.

We have made a deal with Livecoin, and they agreed to do the swap of ADZ to VMT and commence trading at the same time.

What’s important is that your VMT’s will remain in Livecoin, and we’ll deduct the VMT’s in your Buzzex if you have done the swap already.

We believe it’s important that VMT’s won’t solely trade on Buzzex, and will do anything we can to get it added to more exchanges. This will not only benefit VMT holders but the entire project.

So on August 6, it will be possible to trade VMT’s on both Buzzex and Livecoin.

Start Testing Phase Of Football Site

We are making good progress on the football site and will make the site public for the community on August 6 as well.

The main reason for this is to start testing the voting mechanism and ranking tables for our in-house competition, as well as having some data when we start the bounty campaign to attract football fans.

During this phase, which will last a few weeks, we will add all additional improvements to get the site ready to attract the main target audience, the 4 billion football fans worldwide!

Ad Networks

We will already place some ads on the site as well during the testing phase. One network we’ll use is called a-ads, and they pay in Bitcoin the moment your balance reaches 0.002 BTC.

This balance will be completely sent to our Buzzex wallet and used to purchase VMT’s at market price already.

2 things will happen:
  • 50% of VMT’s bought will be accumulated and sent to all VMT holders on Buzzex (based on how many VMT’s you hold) the first day of the profit share, which will start shortly after we launch the main bounty campaign.
  • 50% of VMT’s bought during the testing phase will be sent to the burn address, already making VMT’s deflationary.
During the testing phase, we’ll also test multiple other ad networks and optimize the ad spaces on the site to increase the site’s revenue, allowing us to buy, distribute and burn more VMT’s overtime.

General Development Overview

Next week, we’ll not only make the site public but also post an overview of the core features of the site.

This will also allow the community to follow along with what needs to be done before we can launch the main bounty campaign.

We haven’t been able to do this yet as the site was in development and private. This will change starting next week.

Bounty Campaign Preparation

Finally, the testing phase will be used to attract people willing to help out with the promotion of the site.

We are positive that in the cryptocurrency world there are plenty of football fans, who want to use this hobby site to earn some extra tokens. And more importantly, a deflationary token that allows you to earn a passive income for holding them as well.

That’s why starting August 6, the football site will already be promoted to the crypto community, which will allow us to invite football fans to a site that already has activity going, making the main bounty campaign way more effective as well.

More details about the bounty campaign will be posted in the next update.

Conclusion

We are working overtime to get our side-project running, and are making great progress.

The start of trading of VMT’s is an important milestone, along with making our football site public.

We’ll continue doing whatever we can to make our projects a success, allowing everybody involved to benefit from it tremendously.

That’s it for now, see you in the next update!

The Buzzex Team

Source: https://blog.buzzex.io/update-august-2-2019/

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Start Testing Of Football Website

We are happy to announce that we can now start the testing phase of the first asset in the Viral Media Network, namely Tifoscore.com.

Tifoscore is a combination of Youtube and Livescore with an integrated fan competition.

To get a clear view of how it works, please read this brief overview:

>>> Tifoscore Competition Overview

Beta Testing

The goal of the upcoming weeks is to thoroughly test the core feature, the fan competition. For this, we invite you to become a beta tester during the upcoming weeks.

Every beta tester will be able to earn 100 VMT tokens in our beta testing bounty campaign.

More information on how to join can be found here:

>>> Tifoscore Beta Testing Bounty Campaign (ВТ/index.php?topic=5173203)

Start Trading Of VMT

VMT’s (Viral Media Tokens) will start to trade on Buzzex and Livecoin. On Buzzex, VMT will be a base currency as well.

On Buzzex these are the main markets:
On Livecoin, these are the links to the markets:
Our goal is to have VMT trading on multiple more exchanges, and when that happens we will make an announcement.

VMT Buyback

We already integrated some ads on Tifoscore and applied to multiple ad networks and got accepted.

This already is very promising and confirms that ad networks think the site is a great fit for their advertisers.

One ad network called A-Ads pays directly in Bitcoin the moment the earnings reach 0.002 BTC. These earnings will be sent to our Buzzex wallet and used to buy VMT from the market.

The total VMT’s bought (minus the 50% that will be burned) will be distributed the first day the profit share mechanism is integrated on Buzzex.

IMPORTANT NOTE: The amount of VMT’s you receive from this initial distribution will be based on the average amount of VMT’s in your account during the testing phase, not based on how many you hold that particular day! To give an example, somebody that holds 1000 VMT’s for 20 days will earn double than somebody holding 10,000 VMT’s for 1 day.

Conclusion

The coming we’ll mainly focus on testing Tifoscore and making all the improvements needed to get the site ready for the main bounty campaign.

Once that’s done and we can start inviting our real target audience, we are positive that the ad revenue will grow substantially, and we’ll be able to buy, burn and distribute a lot of VMT’s.

If a site like 9gag can earn $6 Million a year in revenue, or a site like Dumpert can earn $5 Million in yearly revenue, then this is certainly possible for a site that football fans will be extremely passionate about.

If we achieve this goal in due time, we can only imagine what this will do for the Viral Media Token.

That’s it for now, please join the beta testing bounty campaign to earn some more easy VMT’s and see you in the next update!

The Buzzex Team

Source: https://blog.buzzex.io/start-testing-of-football-website/

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Update August 10, 2019

Today we have another update related to both the Buzzex and the Viral Media Network project.

So without further ado, let’s get to it.

Buzzex

Buzzex Withdrawals

While the deposit issue has been fixed, the withdrawal issue still requires an upgrade in our codebase.

We have decided to handle all withdrawal manually for now on so our developers can focus on the final development of Tifoscore first. (More about that later)

All withdrawals will be done within 48 hours, mostly much faster. So this is just a reminder that your funds are safe and that the manual process might cause a slight delay.

Thanks for your patience and understanding.

ADZbuzz VMT withdrawals

Due to an illness of some of our team members, the withdrawals had a slight delay this week.

We’ll make it up by working overtime this weekend, so withdrawals will resume as normal until we are back on schedule.

Please note that there are over 3000 withdrawals pending and all of them are handled manually by our team members.

Thanks again for your patience and understanding.

Tifoscore

Ongoing Bounty Campaign

The main purpose of the current bounty campaign is to collect data and test our football fan competition.

We have been notified by some members that they haven’t been told a spot to report bugs, but we haven’t started the bug testing yet.

Our goal now is to finalize all items on the list to complete the site, after which we can start the bug testing phase to get the site ready to start inviting football fans.

So at the moment, we invite you to vote on videos in the competition tab so we can collect the data needed to test the competition in the backend.

>>> Join Bounty Campaign Here (ВТ/index.php?topic=5173203)

Important note: As the site is still on a small server during the development phase, it appears the competition tab gives some errors or doesn’t load in Chrome. Please use the Firefox browser (preferably) to do the testing if this happens on Chrome for you as well. The transition to our main server is currently in progress, and the tab loads just fine there, so it’s merely caused by a resource limit of our current hosting package in the development environment.

Tifoscore Developments

We are in the last sprint before we can start the final bug testing which will allow us to start our main promo campaign.

Final items include:
  • Complete move to the main server
  • Integrate auto-update for scores of real and fan competition games
  • Optimize ad spots
  • Update collected data in ranking tables
  • Add option to share videos
  • Improve registration form
  • Improve site design
  • Optimize site for speed
Most of these items are already in progress. Once completed, we’ll invite users to test the completed site and reports bugs in order to get the site ready for promotion, 100% bug-free.

Main Promo Campaign

With the final items in development, and the bug testing phase followed shortly after, we can already share some insight into the main promo campaign to attract football fans to the site.

In order to make this succeed, we’ve decided to use the entire 10 Million VMT budget for the main promo campaign.

We are 100% convinced that Tifoscore has the potential to become a massive site, used by millions of people worldwide daily. In order to reach our main audience, namely the 4 billion football fans worldwide, we’re going to make the bounty campaign as simple and effective as possible.

It will consist of 2 components:
  • Reach the core groups of fans who will share videos on Tifoscore
  • Sharing of games and videos on social media
More details about how it will work will be posted before the site reaches the final bug testing phase.

Conclusion

Our main focus now is to set up everything in order to get the main promo campaign up and running.

The good news is that we are getting pretty close to get all features in place to start the final testing round, so we can maintain what we have without making any huge changes.

Live score sites usually don’t change in shape or form for over a decade, so we aim to simply monitor and maintain what we have the moment the bounty campaign starts.

This will be a historical moment for everybody involved in the project, and we are convinced we can enter a growth phase that will be unstoppable.

One can rest assured, we are working diligently to make this happen with a big smile on our face. :)

That’s it for now, Have a great and productive day,

The Buzzex Team

Source: https://blog.buzzex.io/update-august-10-2019/

 

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