Vodra

Vodra is a decentralized platform that allows creators to pursue their hobbies and talents while receiving a reasonable remuneration. Vodra claims to offer fair pay to creators and all of the tools needed to develop audiences of any size.

Its whitepaper mentions that the value of social media in connecting and entertaining people is increasing. However, several problems continue to underpay the creative folks who provide endless hours of entertainment. Unfair pay for content producers has long been a cause of contention and public outrage in the internet entertainment sector.

The issue is that advertisers have their aims in mind when deciding which content producers to promote. Therefore, this means that creators who provide specific types of content are paid more than others are. Enabling advertisers to choose what content viewers see based on their personal information is a severely wrong system.

Vodra claims that with their platform, content producers, fans, and everyone else who believes in open media may profit from its growth in a new and unprecedented way. Vodra Token allows the platform to operate without charging fees. Donations can be provided directly or through platform integrations via the Vodra Platform.

Moreover, users may also use their Vodra Tokens to vote on and crowdfund forthcoming projects, allowing the most popular project to be financed by the Vodra Token. Furthermore, producers and audiences may set up monthly donations/pledges for various benefits such as exclusive content, NFTs, and various other rewards.

The native token of the platform is "VDR." VDR is the native utility currency that is utilized for zero-fee donations to content producers, project voting, fundraising, crowdfunding, and content creator redemption, depending on audience size.

VDR is an Ethereum-based cryptocurrency that utilizes the ERC20 protocol. Since VDR is paired with Polygon's innovative second-layer solution, users enjoy all features with no fees and delays. The high degree of security and trust have given by the Ethereum blockchain is why Vodra is an Ethereum-based currency.

Zachary Bys and Conner Romanov are the co-founders of Vodra. Vodra was founded in fourth quarter of 2020. The whitepaper was also published in 2020. The total supply of VDR is two billion coins.