VIDT market capitalization
$ 25,405,818
VIDT circulating supply
46,609,588
Maximum circulating supply
Total VIDT burned so far
43,468,547
Validation Wallet balance
35,050
Token distribution
| Circulating | 46,609,588 |
| Validation Pool Corporate | 6,921,865 |
| Team - Locked 20% unlocked annually | 1,800,000 |
| Advisors - Locked 20% unlocked annually | 1,200,000 |
| Total supply | 56,531,453 |
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 file | Transactions | ||||
| Min | Max | Manual | API | |||
| 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 | ||||
| Manual | API | Compensation | Total | ||
| Jan | 45,045 | 316,785 | 9,469 | 371,299 | |
| Feb | 21,743 | 274,256 | 1,171 | 297,169 | |
| Mar | 103 | 34,205 | 743 | 35,050 | |
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
| Tokens spent | 5,162,329 | ||
| Tokens burned | 2,830,145 | ||
| Tokens bought back | 865,393 |
Q2 '20
| Tokens spent | 4,012,865 | ||
| Tokens burned | 802,573 | ||
| Tokens bought back | 401,286 |
Q3 '20
| Tokens spent | 1,558,826 | ||
| Tokens burned | 311,766 | ||
| Tokens bought back | 155,883 |
October '20 (extra burn of 450K VIDT)
| Tokens spent | 457,547 | ||
| Tokens burned | 502,990 | ||
| Tokens bought back | 45,755 |
November '20
| Tokens spent | 720,598 | ||
| Tokens burned | 144,120 | ||
| Tokens bought back | 72,060 |
December '20
| Tokens spent | 372,712 | ||
| Tokens burned | 74,542 | ||
| Tokens bought back | 37,271 |
January '21
| Tokens spent | 371,299 | ||
| Tokens burned | 74,260 | ||
| Tokens bought back | 37,130 |
February '21
| Tokens spent | 297,169 | ||
| Tokens burned | 59,434 | ||
| Tokens bought back | 29,717 |
10% of VIDT spent on certifications is bought back at exchanges in unequal parts, at random moments. These tokens will be burned each month.