VVX.IO is essentially a viral video stock exchange where users can “invest” in stocks of certain videos they think have a good chance at getting a lot of views.
In a brilliant twist on the hyper-competitive viral video scene, VVX.IO has turned the internet into a stock market and uses YouTube views in place of actual stock prices.
The way it works is pretty simple. After signing up (which can be done instantly through Facebook,) you’re given $500 in Voins to invest. Once you upload a profile picture, you’re given another $500 Voins. Then you choose a video you like that is fairly new and decide if you want to buy stocks in it. You’re essentially betting that the video will become a hit online, because as it gets more views it’s stock value increases and you make more Voins to invest later. However, no actual currency exchanges occur.
Why This Trend Is Growing
- Viral Video Stock Exchange
- VVX.IO has created a unique way for people to invest in viral videos and potentially make a profit.
- Gamified Social Media
- VVX.IO has gamified social media by allowing people to invest in viral videos.
- Crowdsourced Video Analytics
- VVX.IO uses crowdsourced video analytics to determine viral potential of videos.
Industries Being Reshaped
- Social Media
- VVX.IO is disrupting social media by incorporating investing and gamification elements into their platform.
- Video Platform
- VVX.IO presents an opportunity for video platforms to offer users a new way to monetize their content.
- Data Analytics
- VVX.IO is changing the realm of data analytics by using video views as metrics to determine stocks.
