What is USDTV?
USDTV is a cryptocurrency anchored in blockchain, integrating concepts of decentralized finance (DeFi) with television engagement. Its issuance and value are initially determined by a dynamic Television Engagement Index, reflecting the popularity, consumption, and interaction with television content. Over time, the value of USDTV is stabilized in relation to the US dollar, through adjustment algorithms and governance policies, ensuring a stable foundation for transactions and investments.
What is USDTV?
USDTV is a cryptocurrency anchored in blockchain, integrating concepts of decentralized finance (DeFi) with television engagement. Its issuance and value are initially determined by a dynamic Television Engagement Index, reflecting the popularity, consumption, and interaction with television content. Over time, the value of USDTV is stabilized in relation to the US dollar, through adjustment algorithms and governance policies, ensuring a stable foundation for transactions and investments.
How Does USDTV Work?
Television Engagement Index (TEI): The core of USDTV is the TEI, a composite indicator measuring engagement with television content through various metrics, including audience sizes, social media interactions, and consumption on streaming platforms. The TEI is regularly updated to reflect changes in viewer behavior and consumption trends. Issuance and Stabilization: Initially, USDTV is issued based on the TEI's value, allowing for a controlled volatility phase where the market adjusts the currency's value. Subsequently, stabilization mechanisms are implemented to anchor the value of USDTV to the dollar, using value reserves and supply and demand adjustment algorithms. Parallel Funds and Social Impact: A fraction of transactions within the USDTV ecosystem is automatically allocated to parallel funds, dedicated to supporting community, educational, and cultural projects. The USDTV community plays an active role in selecting these projects, ensuring transparency and alignment with the ecosystem's values.
Benefits of USDTV
Rewards for Engagement: Users are rewarded for their engagement with television content, encouraging interaction and conscious consumption. Social and Cultural Impact: Through parallel funds, USDTV finances projects that have a positive impact on society, promoting education, culture, and community development. Stability and Trust: Anchoring USDTV's value to the dollar, after an initial adjustment period, provides a stable basis for transactions, attracting investors and users seeking a less volatile asset. Community Governance: The governance model of USDTV places the community at the center of decisions, ensuring that the ecosystem reflects the interests and values of its participants.
