Startup launches VIDY coin, IEO oversubscribed

08 Jul, 2019 | Updated: 08 Jul, 2019
by Manshi Soneji Mamtora
ICOs Startup launches VIDY coin, IEO oversubscribed

The VidyCoin or VIDY is to be listed on exchange and it currently stands oversubscribed by 6.75 times, resulting in investors probably getting only 14.7% of their orders. exchange exchange was started in China in 2013 and is long-standing since then but is lesser known. It is ranked at 45th in terms of volume as per data shown by

It is a subsidiary of Gate Technology, Inc. There are currently four markets available: Tether, Bitcoin, Ether and a stable coin conversion for different countries. has launched Startup, a platform that aims to provide users with access to innovative and advanced projects. Traders now have more opportunities to make an initial investment. Trading service will be enabled once the startup project fulfills its fundraising goal. Startup is set to launch its next project with VIDY.

What is VIDY?

Vidy is the world’s first decentralized Ad eco placing video ads across 100s of millions of webpages via an open-source NLP consensus protocol driven by miners. Vidy has invented the Vidylink, which highlights hyper-relevant text on pages automatically through natural language processing. When a user holds down on a vidylink they see a dynamic video revealed that fortifies what they just read, and they earn VidyCoin for each second that they hold, being able to swipe up to then make a one tap purchase with VidyCoin without ever leaving the page.

The Return on Investment or ROI for the previous IEO on for SEROdotCASH was 8.21x (increasing 721% in USD terms). The optimism on the SERO IEO is also expressed on their twitter accounts.

Could investors also expect a similar performance in VidyCoin? Well, we may have a wait and watch a little for that. 

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