600M Ad Blockers downloaded
Estimated 90% of people skip ads
Lack of incentives for Users to watch ads
High Platform Fees
High Middleman Fees
Loss of control of content and pricing
Billions lost in revenue a year
Increasingly easier to Pirate
No incentives on platforms for users NOT to pirate content
The amount of Rbits distributed is determined by Users completing "Value" transactions on the RHOVIT platform. A value transaction is anytime a Coin or Rbit is given or earned. For every set amount of value transactions completed 1 Rbit can be distributed out to the community with a max limit allowed a week.
Each week 60% of the distributed Rbits go to Content Providers based on their "Activity Score" for the week.
A Provider's Activity Score is based on Coins spent on their products as well as number of other value transactions their products garnered.
The Rbits Providers receive are split into two wallets. Wallet A is theirs to save or exchange off site for other crypto-currencies or fiat money. Wallet B is for investment back into the community and is used to promote their products and incentivize their users.
40% of the Rbits distributed each week are put into a User Pool. Based on the market cap of the pool, RHOVIT will distribute up to 20% of that value in Coins out to Users. Users receive their portion of Coins based on their activity score.
A User's score is based on Coins spent on products as well as total number of other transactions completed.
Once a month the User Pool will have a "Watershed". All the Rbits contained in the User Pool at the end of the month will be distributed out to Users based on their "Monthly Activity Score."
The amount of Value Transactions needed to distribute 1 Rbit will increase as the user base increases.
Higher use of the token by a larger community should drive value, compensating for less tokens received as RHOVIT grows.
|DISTRIBUTED ON RHOVIT:||2,000,000,000 *MAX 2,000,000 weekly|