Vivid Labs (VID) price, chart, coin profile and news

Find the latest Vivid Labs (VID) price, coin profile, news and history to get you started with Vivid Labs trading and investing.

Vivid Labs
VID- USD
$0.05
- $0.0006 ( - 1.09%)
COLLECTIBLES-NFTS

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What is Vivid Labs?

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.

Vivid Labs (VID) is the 946th largest cryptocurrency in the world by market cap, valued at $8,738,774. The current price of Vivid Labs is $0.0746046, which is -1.851% lower than yesterday. Prices have ranged between $0.0786604 and $0.0730884 over the past 24 hours. All prices are listed in Australian dollars (unless otherwise noted) and accurate as of May 27, 2022 05:05 UTC.

Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Vivid Labs (VID) price

Use our graph to track the performance of (VID) over time.

Vivid Labs at a glance

Information last updated May 27, 2022 05:05 UTC.
Coin symbol VID
Coin Marketcap AUD$8,738,774
Total VID supply 265,000,000
Circulating VID 163,987,301
Current price AUD$0.0746046
All time high AUD$2.058
All time high date March 31, 2021

Vivid Labs price performance over time

Historical prices compared with the price of $0.0746046.

1 hour -4.40%
24 hours -1.85%
7 days -3.55%
14 days 4.04%
30 days -41.22%
60 days -62.64%
200 days -86.48%
1 year -73.43%

Disclaimer: Cryptocurrencies, including Vivid Labs, 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 Vivid Labs or any other cryptocurrency discussed.

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