VIDT market capitalization

$ 25,405,818


VIDT circulating supply

46,609,588
Maximum circulating supply 49,609,588

Total VIDT burned so far

43,468,547


Validation Wallet balance

35,050


Token distribution



Circulating46,609,588
Validation Pool
Corporate
6,921,865
Team - Locked
20% unlocked annually
1,800,000
Advisors - Locked
20% unlocked annually
1,200,000
Total supply56,531,453

VIDT fees chart




Payment of compensation fees has been automated since June 5th '19. 1 VIDT extra is required for a DigiByte transaction, 1 VIDT for a LTO Network transaction, 0.5 VIDT for a Binance Chain transaction and a real-time VIDT fee representing $ 5 for a Bitcoin transaction.

Transactions and fees



Fee per fileTransactions
MinMaxManualAPI
Jan   2.62 2.99   17,097 119,547
Feb   2.68 3.53   8,102 100,734
Mar   2.86 2.95   36 12,006


VIDT spent
ManualAPICompensationTotal
Jan  45,045316,7859,469371,299
Feb  21,743274,2561,171297,169
Mar  10334,20574335,050


Batching multiple files in 1 transaction by API was deployed on May 12th '19 in our API V2.

More than 1 file per request will be batched in a single transaction, requiring VIDT fee x number of files.

The number of transactions and gas fees is expected to stay relatively steady thanks to this update.

Since August '20 all certifications use second layer batching, allowing a maximum of 100 files per transaction.

Certification fee per file

Minimum fee 2.86
Dynamic fee 2.86



VIDT Datalink clients pay in fiat for our services since Q4 '18. All certification fees (on all blockchains we support) are paid for in VIDT.

Clients can choose between a fixed € / $ fee (dynamic VIDT fee, minimum applies) or real-time market price (always the minimum VIDT fee).

The minimum VIDT fee is reset every month as the rounded equivalent of € 1.24 on the 1st day of the month.

These fees are for storing data in the VIDT Datalink smart contract, powered by Binance Smart Chain. Storing file fingerprints in Ethereum, DigiByte, LTO Network, Binance Chain or Bitcoin requires an extra VIDT compensation fee.

Burns and buybacks


Q1 '20 (extra burn of 1.8M VIDT)
Tokens spent5,162,329
Tokens burned2,830,145    
Tokens bought back865,393   

Q2 '20
Tokens spent4,012,865
Tokens burned802,573   
Tokens bought back401,286   

Q3 '20
Tokens spent1,558,826
Tokens burned311,766   
Tokens bought back155,883   

October '20 (extra burn of 450K VIDT)
Tokens spent457,547
Tokens burned502,990 
Tokens bought back45,755  

November '20
Tokens spent720,598
Tokens burned144,120 
Tokens bought back72,060 

December '20
Tokens spent372,712
Tokens burned74,542 
Tokens bought back37,271 

January '21
Tokens spent371,299
Tokens burned74,260 
Tokens bought back37,130 

February '21
Tokens spent297,169
Tokens burned59,434  
Tokens bought back29,717 


10% of VIDT spent on certifications is bought back at exchanges in unequal parts, at random moments. These tokens will be burned each month.