VibraVid and BeatzCoin Update — March 15, 2021

BeatzCoin (BTZC)
3 min readMar 15, 2021

So… it’s been a while since we last posted an update. It turns out we got locked out of our Medium account because we are a crypto project, and needed to verify and submit some information. Now that we are back, we can post our latest update!

There is so much to say, so we will keep this one short and sweet, and go more in to depth with more articles throughout the week.

Our staking contract has finally been completed and we are set to launch it on March 22nd. Here is the breakdown of how it will work. During the first 6 weeks anyone who locks up BTZC will be receiving a 20% APR in BTZC rewards that they will be able to claim on a daily basis.* Users will be able to add to their stake and compound. After the 6 weeks is over the rate for any new stakes will reduce to 12% APR. We are guaranteeing these rates through the end of 2021. We want to incentivize our holders with an attractive rate for their committed support as we have a lot going for us in 2021.

*Users that stake within the first 6 weeks will continue to always receive 20%, until they un-stake. If a user removes their stake within the first 6 weeks, that wallet address will no longer be eligible for 20% APR.

Here is what we have going on currently:

. Brand new UI/UX for mobile and desktop with enhanced platform features
. Smart Contract for our bounty system that will allow functionality on blockchain browsers such as Klever
. Extensions and Blockchain browser connection to your VibraVid profile (This makes VibraVid officially a DAPP)
. Tron Hackathon application
. NFT marketplace through TRC-721
. VibraVid platform multi chain wallet functionality (Tron, Syscoin, Polygon, Icon)
. VibraVid NFT marketplace multi chain wallet functionality (Tron, Syscoin, Polygon, Icon)
. Sponsorship with ICON P-rep for development grant to ICX on VibraVid and NFT Marketplace.
. Fiat to BeatzCoin Onramp/Offramp

As you can see there is a lot going on in the space and our focus is mostly on development. Some of these items are already in development, while others are in the planning stage. We are prioritizing in order of what makes most business sense.

To finalize, we would like to thank all BTZC holders out there who still have actively supported the project. It feels great to have some positive momentum, and we look to build on that. That would never have been possible without your support. More detailed information regarding BTZC staking will be available very soon.

20% APR is locked in during the first 6 weeks, unless the user removes their staked tokens. To be clear, the 20% APR will last throughout 2021 for those who stake during the first 6 weeks and do not remove their stake.

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